Crypto Firm Helio Lending Placed on Bond Due to False License
Previously, the Melbourne-based crypto lender Helio Lending pled guilty to falsely professing to possess an Australian credit license. Helio Lending, a cryptocurrency lender based in Australia, was sentenced to a one-year non-conviction good behavior bond for falsely professing to hold a local credit license. The Australian Securities and Investments Commission announced on August 17 that […]
OpenSea to Disable Royalty Enforcement Tool
OpenSea’s royalty enforcement tool Operator Filter will be deactivated, according to the NFT marketplace’s founder and CEO, Devin Finzer. OpenSea is discontinuing its on-chain royalty enforcement tool, Operator Filter, which allowed creators to blacklist nonfungible token (NFT) marketplaces that do not enforce royalties. The transition will take effect on August 31, according to a statement […]
Bitcoin Whales: BTC Price Dips Below $26,000
On-chain data reveals a notable increase in transactions worth $1 million, indicating that Bitcoin whales are responsible for the collapse. As a result of SpaceX’s sale of $373 million worth of Bitcoin, the price of the world’s largest cryptocurrency, Bitcoin (BTC) fell below $26,000, a 9% drop. Bitcoin’s decline has also dragged the broader crypto […]
Crypto Mixer Tornado Cash Loses Lawsuit Over US Sanctions
The Judge denied the removal of US sanctions against Tornado Cash by comparing its smart contracts to vending machines. On Thursday, August 17, a federal magistrate denied a motion from crypto participants and giants such as Coinbase, who argued that the U.S. Treasury’s sanctions against the crypto mixing service provider Tornado Cash were excessive. Six […]
US SEC to Approve First Ethereum Futures ETF
Bloomberg reports that the US SEC is set to sanction an Ethereum Futures ETF as the crypto community awaits a Bitcoin ETF. Bloomberg reports that the US SEC is set to sanction an Ethereum Futures ETF as the crypto community awaits a Bitcoin ETF. Valkyrie is anticipated to list the first Ether Futures ETF on October […]