Digital Currency Group (DCG) Files Motion to Dismiss Lawsuit by Gemini
The DCG filing notes that Silbert and the company “played an insignificant role in the Gemini Earn program”, and Gemini’s allegations of fraudulent behavior don’t hold merit.
Blockchain news category covers the foundational technology powering the crypto world. Discover updates on scalability solutions, layer‑1 and layer‑2 protocols, decentralized apps (dApps), enterprise adoption, and how blockchain is reshaping sectors from finance to supply chain. A must‑read for understanding the infrastructure behind the headlines.
The DCG filing notes that Silbert and the company “played an insignificant role in the Gemini Earn program”, and Gemini’s allegations of fraudulent behavior don’t hold merit.
Besides the criticism of its method and storage of data collection, the project has also been subject to scrutiny over its onboarding of early adopters.
Circle revealed that it is actively pursuing partnerships to promote the adoption of USD Coin.
This move by a16z signals the firm’s intent to actively partake in the development of some of the core tech that power the companies it backs with its venture dollars.
The injection of $5 million from Binance Labs transcends a simple financial transaction; it represents a collaborative effort focused on strengthening Curve’s security infrastructure and aiding the protocol in recovering its stability.
Gemini highlighted that XRP will be available for trading under several currency pairs including USD, GBP, EUR, CAD, SGD, HKD, and AUD.
The US SEC filed a complaint against Bittrex on April 17 with the US District Court for the Western District of Washington alleging the exchange listed unregistered securities.
The competition, which has a submission deadline in July next, will allow tech enthusiasts add to crypto innovation in India.
The “enhanced” registration requirements will be effective from January 1, 2024.
Coinbase, Zengo, and Binance expressed gratitude to Fireblocks for identifying and responsibly disclosing the security issues before any losses occurred.
A fast finality mechanism on the BNB Chain would mean a safer environment for decentralized applications (dApps).
The SEC’s handling of the Green United case offers insights into its potential approach to Coinbase’s motion to dismiss, emphasizing the significance of the “major questions doctrine” in cryptocurrency lawsuits.
Apple is now legally allowed to keep its taxation policy. As Justice Elena Kagan has ruled, the latest petition filed by Epic Games against Apple is declined.
The announcement has raised concerns about the weakening state of Polygon’s NFT ecosystem.
The English government and the Bank of England believe that a need for a CBDC is likely to arise in the future.