State of Delaware refers fake BlackRock XRP Trust filing to Department of Justice

The State of Delaware has initiated action against a fraudulent XRP exchange-traded fund (ETF) filing it received, according to reports from Bloomberg on Nov. 14. On Nov. 13, BlackRock appeared to submit... Read more »

Binance and SEC negotiate confidentiality in landmark legal battle

In the latest chapter of the ongoing legal saga between the U.S. Securities and Exchange Commission (SEC) and Binance, a new joint motion for a protective order emerges, spotlighting the deepening complexities... Read more »

Bitcoin fund holdings hit record high as ETF anticipation stirs optimism

The total number of Bitcoin (BTC) held by funds has hit an all-time high amid the increasing market optimism about the potential approval of a spot exchange-traded fund (ETF) in the U.S.... Read more »

Former FTX general counsel to launch new crypto exchange

Former FTX general counsel Can Sun, who played a pivotal role as a key witness in the trial against Sam Bankman-Fried (SBF), is joining forces with other ex-FTX executives to establish a... Read more »

Coinbase rolls out on-chain credential verification using the Ethereum Attestation Service

Coinbase announced a feature on Nov. 9 that allows users to attest their account and country credentials on-chain and access additional benefits. Coinbase’s help pages indicate that issued verifications are meant to... Read more »

Bitwise Asset Management distances itself from failed startup of same name

Bitwise Asset Management said that it has no connection with another firm of the same name whose founders are facing charges. The asset management firm wrote on Nov. 9: “San Francisco-based Bitwise... Read more »

Rep. Tom Emmer roasts Gary Gensler in fiery speech on the House floor

Rep. Tom Emmer (R-MN) sharply criticized Securities and Exchange Commission (SEC) Chair Gary Gensler in a speech on the House floor that condemned the agency’s approach to regulating digital assets. Emmer said... Read more »

Wintermute threatens lawsuit against Near Foundation over failed $11M stablecoin conversion

Evgeny Gaevoy, the CEO of Crypto market maker Wintermute, said his firm would take legal action against Near(NEAR) Foundation and Aurora Labs for failing to deliver on their promise to convert $11 million... Read more »

Founder who suffered eye damage at Bored Ape Yacht Club event sends ‘formal legal notice’ to Yuga Labs

A founder who attended Yuga Labs’ recent Ape Fest in Hong Kong has sent legal notice to the company after suffering eye damage related to the event. Asif Kamal, founder of the... Read more »

Xbox partners with Inworld AI to build AI tools for game developers

In a significant development that echoes the broader trend of AI integration across various industries, Microsoft announced that its gaming brand, Xbox, has announced a multi-year partnership with Inworld AI. According to... Read more »
Dip Your Toes in Crypto Blog