Cointelegraph By Brian Quarmby
A New York judge has granted a request from prosecutors to defer civil proceedings against Sam Bankman-Fried from the Commodities Futures Trading Commission and the Securities Exchange Commission until after the FTX founder’s criminal trial in October.U.S. District Judge of Manhattan Kevin Castel on Feb. 13 granted the...
Crypto-friendly e-commerce giant Shopify has launched a suite of blockchain commerce tools to enhance the user experience of their web3-focused stores hosted by the platform. Announcing the move via Twitter on Feb. 9, Shopify blockchain team designer @ryancreatescopy noted that “we've launched some fresh tools to help you...
One of the founders of the Bored Ape Yacht Club copycat NFT collection RR/BAYC has filed an opposition notice against 10 trademark applications from Yuga Labs.The move marks another strange twist in the ongoing intellectual property dispute between BAYC creators Yuga Labs and RR/BAYC founders Ryder Ripps...
The Bank of England (BoE) and U.K. Treasury are gearing up plans to create a digital currency that could "provide a new way to pay" without necessarily replacing cash.On Feb. 7, a joint consultation paper on Central Bank Digital Currencies (CBDCs) is set to drop, with the BoE...
Sam Bankman-Fried’s (SBF's) lawyers have reached an agreement with federal prosecutors concerning his use of messaging apps. According to a Feb. 6 court document, both parties have agreed SBF “shall not use any encrypted or ephemeral call of messaging application, including but not limited to Signal.”However, under the...
Atto, the pseudonymous founder behind Little Shapes NFT has revealed that the project was actually a “social experiment” designed to shed light on large-scale NFT bot network scams on Twitter.Since late December, Little Shapes had been attracting a fair amount of attention from the media and crypto community....
The Federal Bureau of Investigation (FBI) has seized two non-fungible tokens (NFTs) worth more than $100,000 and 86.5 Ether (ETH) from a reported phishing scammer. The alleged scammer in question, Chase Senecal — known as Horror (HZ) online — was initially exposed via a lengthy investigation by independent...
United States-based crypto exchange Coinbase has become the latest crypto wallet provider to roll out transaction previews and blocklists amid a rise in crypto thefts. On Jan. 30, the crypto exchange announced that it had integrated a new suite of safety features to its wallet app to make it...
Authorities from the Hainan province in southern China have vowed to increase oversight on the nonfungible token (NFT) sector to “promote the healthy development” of the sector and to stomp out fraud and other associated risks. In a separate announcement, the People’s Bank of China (PBoC) also announced...
California-based crypto bank Silvergate has suspended dividend payouts to preserve its “highly liquid balance sheet.”In a Jan. 27 announcement, the firm stated that it is halting “the payment of dividends on its 5.375% Fixed Rate Non-Cumulative Perpetual Preferred Stock, Series A, in order to preserve capital.”The company outlined...