Crypto Event

Binance can’t immediately keep track of the $1.8 billion USDC miscalculation

There are many explanations for the nature and purpose of some of the chain transactions highlighted by Forbes, and they may be wrong. But Binance’s confusing and sometimes contradictory response to the findings does not inspire confidence, especially in the post-FTX era of widespread suspicion of central bankers with balance sheets. Forbes reported this week […]

Crypto Event

SEC’s Coinbase Insider Trading Case Is ‘Regulatory Backdoor,’ Says Trade Association CEO

The Digital Chamber of Commerce is trying to end a lawsuit brought by the US Securities and Exchange Commission (SEC) against former user Coinbase (COIN) alleging insider trading. The group’s founder, Perianne Boring, said that if the SEC is successful, many digital assets could be classified as securities. “We see this as something that affects […]

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World Wide Web Inventor Tim Berners-Lee Says Crypto Is ‘Really Dangerous’ but Can Be Useful for Remittances

The inventor of the World Wide Web, also known as www, which is often called the web, Tim Berners-Lee called cryptocurrency “dangerous” and likened it to gambling. Discussing the future of the web, Berners-Lee said digital currencies were only speculative and compared them to the dot-com bubble, where the internet stocks, often without a solid […]

Crypto Event

The NBA’s ‘Top Shot Moments’ NFT may be safe, a judge at Dapper Labs has ruled

Dapper Labs’ NBA-branded “Top Shot” non-fungible giveaway can be protected, a federal judge ruled Wednesday. The decision and dismissal motion comes a year and a half after a class-action lawsuit was filed against Dapper Labs and its CEO, Roham Gharegozlu, in New York. The lawsuit alleges that Gharegozlu and Dapper Labs violated federal securities laws […]