FTX sues Genesis, Affiliate, for $3.9 Billion
FTX claims that Genesis and GGC International owes it $3.9 billion in cash and cryptocurrency for loans and withdrawals made prior to the exchange’s collapse. The crypto exchange FTX, which filed for Chapter 11 bankruptcy in November 2021, is attempting to recover $3.9 billion in cash and cryptocurrency from Genesis Global Capital and its non-bankrupt […]
MetaLawMan: Why Coinbase may win a Lawsuit against SEC
A crypto-friendly legal analyst reveals how SEC Chairman Gary Gensler’s congressional appearance could weaken the commission’s case against Coinbase. According to a legal analyst on Twitter with the pseudonym @MetaLawMan, If the Securities and Exchange Commission (SEC) decides to sue Coinbase in the U. S., it may lose. In his statement to Congress on May […]
Romania’s first digital assets platform showcases NFTs
Romania has become the first European country to launch an institutional platform for trading digital assets, such as NFTs (Non-Fungible Tokens). The ICI D|SERVICES platform was built by the National Institute for Research and Development in Informatics (ICI Bucharest) and operated on the Romanian-designed MultiversX blockchain network. The platform aims to promote digital art and […]
Mavryk Finance Launches Testnet on Tezos
On the Tezos blockchain, Mavryk Finance is a DAO that provides lending, borrowing, yield farming, and staking services. Mavryk Finance has always been a DAO, meaning its governance system is decentralized, transparent, and cooperative. The platform provides its users with lending, borrowing, yield farming, and staking options. MVK tokens serve as the platform’s governance tokens. They can […]
Chiliz (CHZ) Price Faces Downswing as Football Season Ends
Chiliz (CHZ) price is stuck around $0.12 as network growth slows down and sell-orders pile up on exchanges. The fan token platform may lose momentum as the European football season ends in May. Chiliz (CHZ) is the native cryptocurrency of the Chiliz blockchain, which powers the Socios sports and entertainment platform. The platform allows fans […]