Japan may have spent as much as $36.6 billion buying yen in the first joint US-Japan action to support the currency since …
Action
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Markets
Telegram faces terror-related legal action in Australia one day after founder is charged by Russia
by shayaanby shayaanThe platform faces a fine of up to $38 million for allegedly failing to remove terror-related content. www.coindesk.com
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BitMEX is facing a proposed class action in the Southern District of New York seeking the return of 622.66 BTC over alleged …
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Decentralized finance platform Abracadabra said Wednesday that it launched emergency measures after its crypto-collateralized stablecoin, Magic Internet Money (MIM), fell 50% below …
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Regulation
Ireland Tightens Crypto Safeguards in New Financial Crime Action Plan
by shayaanby shayaanIn brief Ireland’s government launched a new National Risk Assessment and 30-point action plan Thursday, naming the misuse of crypto-assets among the …
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Web3
FIFA Rivals Mobile Game Debuts Worldwide with PvP Action and Digital Ownership
by shayaanby shayaanThe FIFA Rivals mobile game has officially launched worldwide, bringing arcade-style football action with blockchain-powered digital ownership to iOS and Android devices. …
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Regulation
CLARITY Act Gets an Industry Ultimatum as 120 Firms Including Coinbase and Ripple Demand Senate Action
by shayaanby shayaanMore than 120 crypto organizations including Coinbase, Ripple, Kraken, and Andreessen Horowitz sent a joint letter to the Senate Banking Committee on …
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DeFi
Aave Takes Action to Resolve $290 Million Hack Crisis – Will Donate a Large Amount of ETH
by shayaanby shayaanAs recovery efforts in the DeFi ecosystem accelerate following the KelpDAO-related rsETH crisis, Aave DAO has taken a notable step. According to …
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XRP is showing signs of on-chain stabilization despite trading below the average holder cost basis, according to data by Alphractal. The data …
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Regulation
Explosive Class Action Alleges False Advertising and Market Manipulation in Crypto AI Project
by shayaanby shayaanNEW YORK, NY – A significant class-action lawsuit now targets the developers behind the AI DAO known as AI16Z, later rebranded as …