Other    Create Post

In June, Yuga filed a lawsuit against artists Ripps and Cahen. The lawsuit claims that Lehman helped Ripps and Jeremy Cahen create knock-off NFTs.

https://thenewscrypto.com/knock-off-bayc-nfts-lawsuit-settled-by-yuga-labs-outside-of-court/?SNAPI

The conglomerate is currently struggling financially and is focused on preserving its cash-generating business at the very least.

https://www.coinspeaker.com/digital-currency-group-grayscale-holdings/

Signature "knew of and permitted the commingling of FTX customer funds within its proprietary, blockchain-based payments network, Signet," according to a court filing.

https://www.coindesk.com/business/2023/02/07/signature-bank-sued-for-substantially-facilitating-ftx-comingling/

After a tumultuous month for disgraced FTX boss Sam Bankman-Fried (SBF), finally prosecutors have given ground.

https://cryptonews.com/news/small-victory-for-sam-bankman-fried-prosecutors-resolve-dispute-over-bail-conditions-heres-what-happened.htm

Former Coinbase Global Inc. product manager Ishan Wahi has pleaded guilty to two counts of conspiracy to commit wire fraud, according to a press release from the U.S. Department of Justice (DoJ).

https://bitcoinist.com/https-bitcoinist-com-p216588previewtrue/

The emergence of cryptocurrency casinos online was a breakthrough in the gambling industry.

https://blockchainreporter.net/how-cryptocurrency-casinos-came-about-and-what-happened-as-a-result/?SNAPI

Checks and other popular open edition NFT projects are grabbing traders with low prices, gamification, and memes.

https://decrypt.co/120792/open-edition-nfts-reenergizing-market

Crypto exchange giant, Binance s suspending US dollar deposits and withdrawals using bank transfers on its global platform from Wednesday. However, the service limitations will not affect the customers of Binance US, its US-based arm.

https://www.financemagnates.com/cryptocurrency/binance-to-suspend-usd-bank-transfers-from-wednesday/

Revolut, a London-headquartered challenger bank, has launched a cryptocurrency staking Staking Staking is defined as the process of holding funds in a cryptocurrency wallet to support the operations of a blockchain network. In particular, staking represents a bid to secure a volume of crypto to receive rewards.

https://www.financemagnates.com/cryptocurrency/revolut-offers-crypto-staking-in-europe-and-uk/

According to the Chief Executive Officer of Minima, the cooperation is all set to examine the practical utility of the NFT technology.

https://www.coinspeaker.com/wetransfer-minima-mobile-nft-solution/

Commodity strategist Mike McGlone  has analyzed the market and suggested that crypto could be “facing their first real recession.”  What Happened: In a recent assessment posted on Twitter, McGlone said that the digital asset market was undergoing its first macroeconomic contraction since the introduction of Bitcoin (CRYPTO: BTC).

https://www.benzinga.com/markets/cryptocurrency/23/02/30753595/crypto-could-be-headed-for-its-first-real-recession-says-commodity-analyst-mike-mcglone?SNAPI

San Francisco-based Bitcoin mining company Layer1 Technologies has been hit with a lawsuit by its own CEO John Harney and investment firm, DGF Investments.

https://cryptoslate.com/layer1-ceo-accuses-founder-of-running-it-as-his-own-personal-fiefdom/

The lawsuit alleges that Signature Bank had been aware of FTX's fraudulent activities since June 2020. 

https://cryptopotato.com/crypto-investment-firm-sues-signature-bank-for-facilitating-ftx-fraudulent-transfers-report/

The United Kingdom initiated the consultation period for its digital pound today and said that the asset will not be a cryptocurrency, as seen in a February 7 statement.

https://cryptoslate.com/uk-says-digital-pound-will-not-be-a-crypto-as-consultation-period-begins/

According to blockchain intelligence platform Arkham Intelligence, the announcement was followed by a marked increase in outflows from Binance wallets with millions of USDT and USDC being moved to self-custody and rival exchanges.

https://www.coinspeaker.com/binance-us-dollar-deposits-withdrawals/