Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating stories that fly under the radar of today’s crypto news.
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legal news
- crypto lender nexo being sued by three investors in London High Courtwho allege the firm blocked them from withdrawing £107 million ($126 million) worth of crypto, CityAM informed of, The report states that the company “intimidated” the three into selling their crypto back to the company at a 60% discount.
- US Bankruptcy Court A request by the bankrupt crypto lender is approved Celsius To set a time limit for submission of proof of claim for its clients in ongoing bankruptcy proceedings. “This week, the bankruptcy court approved our motion to set the bar date, which is the deadline for all customers to file claims. The bar date has been set for January 3, 2023, “Celsius.” Told in a Twitter thread.
exchange news
- ftx japanOne ftx The subsidiary plans to resume customer withdrawals by the end of the year, according to NHK. The report cited an unnamed executive as saying that it may not do so immediately because it uses the same suspended payment system as its parent company. The subsidiary is now developing its own system to allow customers to withdraw assets.
- binance laboratories Makes strategic investment in Belgian hardware wallet firm Nagrave and will lead its upcoming Series A round, Told the announcement. Established in 2018, Ngrave specializes in self-custody.
- Uniswap published A new privacy policy, as stated, provides transparency on the data collected, which Having said that decentralized exchange (dex) collects certain on-chain and off-chain data associated with users’ wallets. It said it does not maintain user accounts or collect and store personal data, but it collects publicly available blockchain data, information from localStorage and other tracking technologies, surveys or usability information, etc.
web3 news
- blockchain technology company Consensus partnered with celloAn EVM-compatible layer-1 blockchain for mainstream adoption web3, a press release Told Developers can now build on Celo infura, and that the Infura integration provides multichain support with complementary tooling that communicates with the Celo blockchain for rapid deployment and scaling. Developers can also deploy Ethereum (ETH)-based dapps with fungusUse Devotionsmart contract audit service, and transactions between Celo and other decentralized finance (DeFi) with platform and dapp metamask,
regulation news
- Monetary Authority of Singapore (MAS) defended its stand on binance And ftx exchange, following criticisms about the two companies’ separate behavior — as the regulator previously alerted the public to Binance, South China Morning Post informed of, The “clear difference” between the two was that Binance was “actively soliciting” users SingaporeAmong other incentives, the extent of offering listing in Singapore dollars, while FTX was not, the report said citing an MAS statement.
tax news
- Kenya revenue authority (KRA) will go after more than four million Kenyans who own crypto if changes to legislation aimed at regulating and taxing digital currency trading are approved, Business Daily Africa informed of, The Capital Markets (Amendment) Bill states, “Where digital currency is held for a period exceeding twelve months, the law relating to income-tax shall apply or for a period exceeding twelve months, the law relating to capital gains tax shall apply.” Will be.” ,
mining news
- are the leading producers of bitcoin (btc) mining equipment Canaan announced its unaudited financial results for the third quarter of 2022, by stating that: revenue was $137.5 million, representing a decrease of 40.8% from the second quarter and a decrease of 25.8% from the same period in 2021; Gross profit was $32.9 million, a decrease of 74.8% from the second quarter and 68.4% from the same period in 2021; And net income was $8.6 million, down 90% from the second quarter and 88.1% from the same period in 2021.
politics news
- Josh Hawley, a Republican member US Senate Judiciary Committee, was sent US President Joe Biden’s request for “information and correspondence” on the collapse of a letter to top administration officials ftx And “Gorgeous” Donations to Democratic Candidates by Its Former CEO Sam Bankman-Friedfox business Told, He asked General Merrick Garland Securities and Exchange Commission (SEC) Chairman Gary Gensler, and Commodity Futures Trading Commission CFTC Chairman Rostin Behnum Reveals Whether These Agencies Investigated FTX Alameda Research And if they had tied up with both the companies. “The success of Mr. Bankman-Fried’s criminal enterprise briefly made him one of the richest men in America. And he deployed his ill-gotten gains at the service of the Democratic Party, which in recent years has emerged as the second largest individual donor behind only George Soros,” Hawley wrote.
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