Judge Kaplan said the defense could ask to postpone the start of a trial if they wanted more time to review, even though there is no guarantee that he would grant such a motion. However, they would have to do so before Sept 7, which is when the jury selection process would start. “I’m simply putting all the cards on the table,” he said. Earlier in the hearing the defense said it was not interested in a delay. Source
It appears that a data breach involving FTX bankruptcy claims agent Kroll has resulted in the leak of sensitive information, contrary to earlier reports. In an alleged Kroll Q&A Summary published on Aug. 30, FTX users’ email addresses, mailing addresses, account numbers, unique bankruptcy identifiers, account balances, phone numbers, and other claim details were all reportedly breached in a cybersecurity incident that took place on Aug. 25. Previously, FTX wrote that Kroll “experienced a cybersecurity incident that compromised non-sensitive customer data of certain claimants in the pending bankruptcy case.” Kroll…
The United States District Court of Southern New York has dismissed a class-action suit against Uniswap Labs, its CEO, foundation and venture capital backers brought by plaintiffs who claimed they lost money due to scam tokens on the decentralized cryptocurrency exchange. Judge Katherine Polk Failla, who handed down the dismissal, is also hearing the Securities and Exchange Commission’s case against Coinbase. The suit was brought by six individuals who bought tokens on Uniswap between December 2020 and March 2022. They argued on the behalf of a “nationwide class of users”…
BINANCE BUZZ: There’s been a lot of news over the past week on the big U.S. crypto exchange – some of it good, some not so good, some neutral. The overarching theme is that the company expanded rapidly in recent years, and now it’s facing intense scrutiny from regulators, having to retrench in some business lines and regions, while pivoting in others. Binance this week cut ties with five sanctioned Russian banks listed on the exchange’s peer-to-peer service for transferring funds in rubles. The move came just days after the…
On August 29, the US Court of Appeals ruled in favor of Grayscale in its legal battle against the US Securities and Exchange Commission (SEC). Following this, Grayscale’s GBTC shares trading volume significantly increased, climbing to a 2-year high in the process. GBTC Shares See 17% Increase According to data from Yahoo Finance, GBTC’s share price had opened at $17.66 on the day and closed at $20.56, rising by almost 17% from the previous day. Furthermore, the fund saw its busiest day in over a year, with over 19 million…
According to data from Kaiko, the average trade size for bitcoin on crypto exchange Kraken increased to above $2,000 on Tuesday after the ruling, from around $850 the day prior. The last time bitcoin’s average trade size was higher than $2,168 was in June, said research firm Kaiko. The bitcoin average trade size also jumped on most other exchanges. Source
Over three-quarters of Vietnamese crypto holders make investment decisions through friends’ referrals. That’s according to an Aug. 30 report by Vietnamese venture capital firms Kyros Ventures and Coin68, alongside Animoca Brands. In the 3,300-participant survey, 75.5% of participants admitted being “influenced by recommendations or referrals” regarding crypto investing. The amount is 2.5 times higher than reported in the United States. Self-study, community groups and media news were the biggest sources of information for Vietnamese crypto investors, with nearly one in two electing such methods. The “Vietnam Cryptocurrency Market Report” for…
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Robinhood, the investment platform, announced on Wednesday, Aug. 30, that it has expanded the capabilities of its web3 wallet to include support for Bitcoin(BTC) and Dogecoin(DOGE) networks. Initially launched in September 2022 for a limited set of iOS users, the Robinhood Wallet was built on the Polygon blockchain, and as of March this year, it became available to iOS users in 130 countries. The recent changes come after Robinhood said it had heard from its users…
The United States Copyright Office issued an official request for comments and notice of inquiry on copyright and artificial intelligence (AI) in the Federal Register on Aug. 30. The Copyright Office issued a notice of inquiry in the Federal Register seeking public comment on questions about copyright law and policy issues raised by AI systems. Initial comments are due by October 18, 2023. Reply comments are due November 15, 2023. https://t.co/fNiHB1W7SI pic.twitter.com/3vNBRNxGJj — US Copyright Office (@CopyrightOffice) August 30, 2023 According to the filing, the Copyright Office is seeking “factual…
The company also on Wednesday began rolling out swap features for “select users” that allow them to trade ether for over 200 different assets. The wallet is capable of charging users gas fees – the price for transacting on Ethereum – from any tokens they hold, not just ETH. All users will have access to the swap feature in the coming weeks, Robinhood said. Source