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New York sues KuCoin, claims ether is an unregistered security

New York sues KuCoin, claims ether is an unregistered security

The claims about ether could have broader implications for digital assets beyond any punitive damages New York may win from KuCoin. 

The post New York sues KuCoin, claims ether is an unregistered security appeared first on The Block.

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Sam Bankman-Fried may need more time to review ‘substantial’ evidence, lawyers say

Sam Bankman-Fried may not be able to review evidence in time for his October trial, according to his lawyers.

The post Sam Bankman-Fried may need more time to review ‘substantial’ evidence, lawyers say appeared first on The Block.

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CryptoPunk NFT bid funded with 527,000 once worthless testnet ether tokens

A CryptoPunks NFT has been sold to a buyer who swapped testnet ether tokens to fund the purchase.

The post CryptoPunk NFT bid funded with 527,000 once worthless testnet ether tokens appeared first on The Block.

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Biden includes crypto tax changes in 2024 budget request

President Joe Biden’s budget, released on Thursday, includes changes to “wash sale rules,” which effectively raise taxes on crypto trading from current treatment.  

The post Biden includes crypto tax changes in 2024 budget request appeared first on The Block.

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Bitcoin, crypto prices subdued following Silvergate ‘wind down’ announcement

Crypto prices dipped after one of the industry’s most prominent banks announced plans to wind down.

The post Bitcoin, crypto prices subdued following Silvergate ‘wind down’ announcement appeared first on The Block.

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Gwyneth Paltrow backs web3 art platform Wild in seed round led by Matrix Partners

Gwyneth Paltrow and the co-founders of LinkedIn and Twitch took part in the round, which was led by investment firm Matrix Partners.

The post Gwyneth Paltrow backs web3 art platform Wild in seed round led by Matrix Partners appeared first on The Block.

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Coinbase Ventures, Brevan Howard among early backers of compliant DEX Mauve

Mauve, the compliance-first DEX, attracted some big names to its $15 million round.

The post Coinbase Ventures, Brevan Howard among early backers of compliant DEX Mauve appeared first on The Block.

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Top 50 cryptocurrencies’ volatility is ‘predictable’ and digital assets behave more like equities: Report

The Risk Protocol said it has conducted “the most exhaustive study” ever done on the volatility of cryptocurrencies.

The post Top 50 cryptocurrencies’ volatility is ‘predictable’ and digital assets behave more like equities: Report appeared first on The Block.

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Whitehat hackers focus on Ethereum, Solana and Avalanche: Immunefi

Crypto whitehat hackers identified Ethereum as their preferred blockchain, followed by Solana, Avalanche and Cosmos, while Tezos spiked.

The post Whitehat hackers focus on Ethereum, Solana and Avalanche: Immunefi appeared first on The Block.

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Hedera blockchain undergoing technical irregularities, HBAR Foundation says

The HBAR Foundation, the organization working on the Hedera blockchain, said that it had noticed network irregularities affecting various Hedera decentralized applications (dApps) and their users.

The post Hedera blockchain undergoing technical irregularities, HBAR Foundation says appeared first on The Block.

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