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Voyager to pay $1.1M in legal fees incurred in April
Bankrupt crypto brokerage Voyager Digital is obligated to pay $1.1 million to its legal adviser, Kirkland & Ellis, for fees and expenses associated with its involvement in the company’s bankruptcy proceedings in April.According to…
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Yield Protocol declares full recovery from Euler hack, awaits user token exchange
Yield Protocol announced on June 27 that it had fully recovered from the Euler flash loan attack. Liquidity providers can now update their strategy tokens, the protocol said on Twitter. That was the last step to protocol restoration…
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Binance motion alleging SEC misconduct denied
A US judge has said the court cannot wordsmith the SEC and Binance’s press releases.
But in denying the crypto…
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Fidelity Investments Is Rumored to Be Preparing a Bitcoin ETF
Fidelity Investments, the Boston-based asset manager, is finalizing its application for a Bitcoin exchange-traded fund (ETF), according to multiple reports on Tuesday. The ETF will track the price of Bitcoin, allowing investors to trade…
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100 tokenized Teslas ‘democratize’ and ‘decentralize’ Web3 ride sharing
A Vienna-based car-sharing service company has outfitted nearly half of its 200+ fleet of cars with blockchain-based self-sovereign IDs for tokenization purposes.On June 27, the car-sharing service Eloop and the Peaq Network — a Web3…
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Yes, the Secret Service has an NFT collection, and no, it’s not for sale
The United States Secret Service has finally shed more light on its bizarre nonfungible token (NFT) collection sitting on OpenSea. The NFT collection was first revealed during a Reddit AMA on May 16, where agents answered questions from…
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Digital pound will be pseudonymous with a focus on privacy: BoE CBDC chief
The Bank of England (BoE) has made significant developments in its central bank digital currency (CBDC) program. Tom Mutton, director of fintech at the BoE, recently shared insights on the privacy aspect of the CBDC and why the central…
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Will $30K be a new springboard for Bitcoin bulls?
After a failed rally above $31,000 on June 23, Bitcoin (BTC) has sustained the $30,300 resistance for the past three days. Curiously, this happened while gold reached its lowest level in three months, trading at $1,910 on June 22, down…
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Blockchain Aus CEO hammers ‘regulation by enforcement’
Blockchain Australia’s new CEO Simon Callaghan hopes the Federal Government will take its cues on crypto regulation from the United Kingdom, Hong Kong, and Singapore — and definitely not the United States.In his new position, Callaghan…
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Crypto Travel Rule implementation ‘remains relatively poor,’ says FATF
A renewed call from the Financial Action Task Force has asked countries to implement the “Travel Rule” to combat money laundering and terrorism financing activities enabled by cryptocurrencies.On June 23, the United Nations body — whose…
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