Japan to allow start-ups to raise funds by issuing crypto instead of stocks: Report
According to local media, Nikkei.com, this updated system is specifically applicable to a category of funds known as Investment Business Limited Partnerships (LPS).
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Remitano exchange allegedly hacked for $2.7M; $1.4M frozen by Tether
The Remitano exchange experienced suspicious transactions as over $2.7 million was drained from its wallet by a single account.
FTX has $222M in Bahamas real estate, 1,300 tokens — Shareholder presentation
Ten percent of shareholder claims have been settled so far. They will be able to assess the company's condition at a Sept. 11–12 meeting.
Sam Bankman-Fried’s lawyers request pre-trial release citing poor internet connection
Former FTX CEO Sam Bankman-Fried's bail was revoked on Aug. 11 after he was found to be trying to contact witnesses in the case and malign witness credibility.
AI token trading volume stagnant despite Worldcoin buzz – Kaiko data
The examination revealed a moderate increase in the trading volume of AI tokens last month, reaching approximately $870 million, up from $570 million at the close of July.
Ripple’s CLO calls SEC’s latest filing “Hypocritical Pivot”
He pointed out that Gensler had requested an urgent appeal while simultaneously asserting that crypto regulations and rules were clear and must be adhered to by the industry.
Rep. Tom Emmer sponsors amendment to limit SEC’s crypto oversight
Emmer intends to introduce an appropriations amendment that will limit the SEC’s utilization of funds for digital asset enforcement until comprehensive rules and regulations are implemented.
DeFi enforcement sparks dissenting opinion from CFTC commissioner
The commissioner advocates public and stakeholder engagement through rulemaking, not just enforcement.
Turkish crypto exchange Thodex CEO gets 11,000-year sentence for $2B scam: Report
The Thodex founder fled the country in 2021 only to be detained in Albania in Aug. 2022 and extradited to Turkey in April 2023.
Africa’s blockchain journey begins with poverty alleviation – CEO Sumotrust
Africa must erase the poverty in general and help people into the middle class in order to drive faster blockchain technology incorporation.
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