Protego Trust Bank, a chartered crypto bank advised by Brian Brooks, raised $70 million in a Series A round last year.
The post Protego Trust Bank targets $2 billion valuation after quietly raising $70 million appeared first on The Block.
A federal government move to tax crypto income has been seen by the industry as a sign of potential acceptance.
The post India crypto app CoinSwitch chief calls for regulatory ‘peace, certainty,’ Reuters says appeared first on The Block.
“Beeple’s Twitter account has been compromised (ATO) to post a phishing website to steal funds,” a security researcher tweeted.
The post BEEPLE Twitter account hacked to share Louis Vuitton phishing link appeared first on The Block.
Tesla and SpaceX CEO Elon Musk tweeted his support for crypto over fiat currencies on May 22, 2021, not today as in a story published earlier.
The post CORRECTION: Musk tweeted his support for crypto over fiat currencies on May 22, 2021, not today appeared first on The Block.
Quick Take
- A major South Korean law firm, LKB & Partners, is suing Do Kwon and co-founder Daniel Shin on behalf of five investors.
- Other investors are also organizing online to launch their own lawsuits; we may end up seeing cases centered around whether TFL represented its products and the risks of investing accurately.
The crypto billionaire gave $10 million to Protect Our Future, a super PAC that says it supports candidates who can help prevent the next pandemic.
The post FTX’s Bankman-Fried donated $16 Million to super PACs in April, Bloomberg Says appeared first on The Block.
Lagarde also said that while she had never invested in crypto, her son had.
The post ECB’s Lagarde says while crypto has no worth, she would back digital euro: Politico appeared first on The Block.
The defendants transferred funds to accounts for their own benefit, including millions of dollars to an off-shore entity, the CFTC charged.
The post CFTC charges two men with $44 million cryptocurrency ‘Ponzi scheme’ appeared first on The Block.
Kwon said he was happy to engage with any lawsuit or regulatory inquiry.
The post Terraform Labs has no tax liabilities in Korea, Do Kwon says appeared first on The Block.
The UK chancellor revealed plans in April to regulate stablecoins and issue an NFT as part of a bid to position the UK as a crypto hub.
The post UK financial regulator advises against rush to add crypto markets, Financial Times says appeared first on The Block.
