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In whats perhaps an industry first, an anonymous defendant in an exchange-hacking legal case has received a temporary restraining order via NFT. The defendant is part of legal proceedings surrounding the January 2022 LCX exchange hack. Two legal firms served the service token NFT to the defendant as a restraining order, with the event touted as the first official NFT usage in the legal world.
As the crypto bear market presses on, some industry players have chosen to reevaluate staff numbers, but not FTX. The derivatives exchange will continue to add personnel, according to CEO Sam Bankman-Fried. In contrast, recent weeks have seen Gemini decrease its employee headcount and Coinbase (NASDAQ:COIN) curb new staff pickups. The last major crypto bear market in 2018 was worse in terms of employee cuts, however.
Shima Capital, a new venture firm focused on early-stage blockchain projects, has launched its debut fund to support emerging digital asset companies — and has received...
HIVE Blockchain Technologies, a Canada-based cryptocurrency mining firm, has reported a loss of $95.3m for the first quarter ending 30th June 2022. The company’s...
The saga of BitConnect, a major cryptocurrency scam scheme, is taking another twist as one of the BitConnect co-founders is now wanted by the Indian state police. Satish Kumbhani,...
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