Coingeek: Yuga Labs faces massive class action lawsuit from aggrieved investors

Coingeek: Majority of public agencies feel ‘under-equipped’ to investigate digital assets-related crimes: Chainalysis

Saturday, 30 July 2022 07:00

Chainalysis has warned of huge current and future problems that public agencies involved in investigating digital assets crimes may face if they do not keep up with the digital assets industry. [...] Read More... The post Majority of public agencies feel ‘under-equipped’ to investigate digital assets-related crimes:…

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Coingeek: South Korea: FSS probe into banks finds $3.1B digital assets linked to forex transactions

Saturday, 30 July 2022 05:00

The Financial Supervisory Service has discovered KRW1.6 trillion ($1.2 billion) of forex transactions at five Woori Bank branches. Another KRW2.5 trillion ($1.9 billion) were carried out at 11 Shinhan Bank branches. [...] Read More... The post South Korea: FSS probe into banks finds $3.1B digital assets linked…

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Coingeek: Philippines: DICT commits to work in line with PBBM’s digital transformation plan

Saturday, 30 July 2022 03:00

DICT Secretary Ivan John Uy stated that the department has vowed to implement projects and programs that align with the ambitious digital transformation plans by President Bongbong Marcos. [...] Read More... The post Philippines: DICT commits to work in line with PBBM’s digital transformation plan appeared first…

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Coingeek: UK Law Commission recommends updating law on digital assets

Friday, 29 July 2022 17:00

The proposed reforms by the U.K.'s Law Commission aim to enable a wider range of people, groups, and companies to interact with and use digital assets and tokens, maximizing their potential. [...] Read More... The post UK Law Commission recommends updating law on digital assets appeared first…

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Coingeek: Three Arrows Capital and the war against Bitcoin

Friday, 29 July 2022 15:00

The protracted collapse of Three Arrows Capital (3AC) is being treated a sign of great sickness within the digital asset industry—and it should be. [...] Read More... The post Three Arrows Capital and the war against Bitcoin appeared first on CoinGeek.

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Coingeek: I crashed Mining Disrupt 2022

Friday, 29 July 2022 13:00

Hashing for subsidies has been extremely profitable, and the continual arms race in hashing has led to levels of efficiency that were frankly unfathomable to the Bitcoin economy just a decade ago. [...] Read More... The post I crashed Mining Disrupt 2022 appeared first on CoinGeek.

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Coingeek: Meta’s profit slides due to big bet on proprietary metaverse

Friday, 29 July 2022 11:18

Meta, formerly Facebook, reported its first ever revenue decline in Q2, while profits tumbled by more than one-third as its big bet on a proprietary metaverse continues to bleed money. [...] Read More... The post Meta’s profit slides due to big bet on proprietary metaverse appeared first…

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Coingeek: The CoinGeek Pulse Episode 97: SEC probes Coinbase, Voyager declines FTX offer, Minecraft bans NFTs

Friday, 29 July 2022 10:27

The U.S. Securities and Exchange Commission is probing Coinbase again just a week after its debacle with the company's former employee, who was accused of insider trading. [...] Read More... The post The CoinGeek Pulse Episode 97: SEC probes Coinbase, Voyager declines FTX offer, Minecraft bans NFTs…

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Coingeek: Japan establishes ‘Web 3.0 Policy Office’ to formulate metaverse-related policies

Friday, 29 July 2022 07:00

The office has the mandate of strengthening the framework for developing the business environment concerning Web 3.0, according to the ministry’s official announcement. [...] Read More... The post Japan establishes ‘Web 3.0 Policy Office’ to formulate metaverse-related policies appeared first on CoinGeek.

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