Worldcoin (WLD) Files Lawsuit Challenging Ban in Spain
To contest the recent directive from Spain’s AEPD through a legal challenge, Tools for Humanity created Sam Altman’s Worldcoin. Worldcoin, an OpenAI CEO Sam Altman-co-founded iris biometric crypto project, has initiated legal proceedings against Spain in response to a directive from Spain’s data protection authority AEPD to cease the collection of personal data within the […]
BlockFi and FTX Reach ‘In Principle’ Agreement to Settle Disputes
Bankrupt Crypto Firms BlockFi and FTX Agree ‘In Principle’ to Settle Disputes with FTX Paying Up to $874.5 Million to BlockFi. According to a court filing dated March 6, bankrupt cryptocurrency firms BlockFi and FTX have reached an “in principle” agreement to resolve their disputes. FTX has consented to pay BlockFi a maximum of $874.5 […]
CFTC Chair Contradicts SEC on Prometheum’s Ethereum Custody
Concerns have been raised by CFTC Chairman Robert Behnam regarding Prometheum’s request to the SEC for the custody of Ethereum as security. Contrary to the Securities and Exchange Commission (SEC), the chief of the commodities regulator has disputed Prometheum’s Ethereum (ETH) assertions. Permitting one of its registered firms to hold Ethereum in custody, he cautioned, […]
Zama Secures $73M to Advance Cryptography in Blockchain
A $73 million funding round has been secured by Zama, a prominent cryptography technology company, to advance fully homomorphic encryption. Recently, tech and investment circles were captivated by the news that Zama, a startup headquartered in Paris, had secured a substantial funding round of $73 million. The actual Series A funding round was presided over […]
Binance.US COO Claims SEC Lawsuit Led to Bank Withdrawals
Binance. US COO asserts that banks withdrew support from the exchange due to the SEC’s lawsuit last year, “effectively choking the business.” According to a firm executive, Binance US suffered a “near-fatal blow” in June when the United States Securities and Exchange Commission filed a lawsuit, which forced the company to lay off more than […]