Court Favors HelbizCoin Investors; Approves Class Lawsuit
A federal court in the United States has upheld investor claims that HelbizCoin acted fraudulently and violated securities laws. A federal court in the United States has permitted the continuation of a nearly three-year-old class action lawsuit against the creators of HelbizCoin. The class action lawsuit was initially launched in 2020 against Helbiz, Helbiz CEO […]
Bank of China Mandates Retail Digital Yuan Payments
Using QR codes, e-commerce platforms now have the potential to include Central Bank Digital Currencies (CBDC) into their own operating systems in the near future. Changchun Mu, the Director of the Digital Currency Research Institute of the People’s Bank of China, emphasized in a speech delivered on September 3 that as China’s central bank digital […]
Arbitrum Founder Hails Stylus as EVM Game Changer
Ed Felten, Offchain Labs Co-founder Behind Arbitrum, Says New Tool Enhances EVM Safety for Veteran Developers. Ed Felten, co-founder of Offchain Labs, believes that a recently released tool for Arbitrum developers could attract more developers to Ethereum Virtual Machines (EVM) and enhance its code. In an interview during Korea Blockchain Week, Felten praised Arbitrum Stylus, […]
JPMorgan Asserts SEC’s Inevitable Approval of Spot Bitcoin ETF
The United States Securities and Exchange Commission (SEC) has additionally stated that the recent postponement by the SEC suggests a higher likelihood of granting approval for multiple simultaneous spot Bitcoin ETFs. Following Grayscale’s recent victory over the US Securities and Exchange Commission (SEC), prominent financial institutions and individuals increasingly believe that approving a spot Bitcoin […]