The CEO of crypto miner Layer1 Technologies has filed a lawsuit against the firm’s two other board members — including co-founder Jakov Dolic — for allegedly commandeering Layer1’s operations for their own gain. Chief executive […]
Crypto conglomerate Digital Currency Group has begun to sell shares in several of its most prized cryptocurrency funds at a steep discount, as it seeks to raise capital to pay back creditors of its bankrupt […]
The Jasmy Coin price rose on Monday, continuing a bullish trend that started in December when it dropped to a low of $0.0028. It jumped to a high of $0.0074, the highest point since September […]
The creator of the nonfungible token (NFT) collection Bored Ape Yacht Club has settled a lawsuit with one of the developers behind a copycat collection known as RR/BAYC. On Feb. 6, Yuga Labs settled a […]
Permission-less debt marketplace Debt DAO has issued FTX Users’ Debt (FUD) tokens on behalf of FTX creditors and crypto exchange Huobi said it would list the token. On Feb. 4, Debt Dao said its FUD […]
Sam Bankman-Fried’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 […]
Ethereum core developers plan to activate the “Shapella” transition through the Zhejiang public testnet on Feb. 7, 2023, according to Tim Beiko of the Ethereum Foundation. If successful, Beiko said the Sepolia testnet could follow […]
The UK Treasury and Bank of England are designing a “digital pound” that could supplant banknotes by the end of this decade and fend off a Big Tech competitor. With the decline of cash, ministers […]
Digital Currency Group (DCG) appears to have avoided possible bankruptcy as its sister firms, and Genesis subsidiaries, have reached an agreement with creditors to avoid going under. Digital Currency Group has come to an agreement […]
Crypto billionaires are among those that have suffered the worst from the crypto crash of 2022, seeing billions of dollars wiped from the value of their investments. As markets reeled from a string of big […]
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