CoinEx faces lawsuit in New York for failure to register with state
The New York Attorney general Letitia James has filed a lawsuit against cryptocurrency exchange CoinEx stating that the company failed to register as a securities and commodities broker-dealer in the state. Letitia James, the attorney general of New York, has filed a lawsuit against cryptocurrency exchange CoinEx on the grounds that the company misrepresented itself […]
Celebrities file motion to dismiss crypto promotion lawsuit
Kim Kardashian, Floyd Mayweather, and other well-known celebrities are attempting to persuade a court to dismiss the lawsuit that seeks to hold them accountable for allegedly endorsing EthereumMax (EMAX). The celebrities requested that a federal court in California reject a second amended case from EthereumMax investors that was submitted in December. The defendants contend that […]
DZ Bank adds digital currencies management to its services
German asset manager DZ Bank in partnership with the digital asset company Metaco will completely incorporate digital asset management into its list of services. DZ Bank chose Metaco’s custody platform Harmonize to provide digital currencies to its institutional customers, according to the release made to Cointelegraph. An official at DZ Bank named Nils Christopeit said […]
Ethereum Shapella upgrade schedues for February 28
The Ethereum Shapella (Shanghai/Capella) update is now scheduled for February 28. The upgrade is only for the Sepolia network and a subsequent upgrade for the Goerli network and will make way for un-staking ETH. The names of the anticipated Ethereum hard fork are Shanghai and Capella (Shapella) . On the client side of the execution […]
PayPal co-leads $20M seed funding round for Chaos Labs
Galaxy investment management firm and payments giant PayPal have co-led a $20 million early financing for Chaos Labs, a New York-based cloud platform for safeguarding blockchains and protocols. Chaos Labs guards against dangers and external attacks for cryptographic protocols via an automated risk management platform. By providing agent- and scenario-based simulations, the platform assists in […]