Crypto News

Voyager Investors Sue the NBA and New Jersey’s Oldest Law Firm

Investors in the bankrupt cryptocurrency exchange Voyager Digital are suing the National Basketball Association (NBA), and New Jersey’s oldest law firm, McCarter & English. This emerging legal battle illustrates how even some of the largest and most reputable brands and companies can quickly become ensnared in controversy in an industry marred by a tangled webSource link

UK Financial Watchdog Issued 450 Alerts on Illegal Crypto Promotions in Last Three Months of 2023

The Financial Conduct Authority said firms approving ads need to take their regulatory obligations seriously.Source link

Bitcoin Hits $1 Trillion Market Cap as BTC Blitzes Past $51K

More bullish signs: Bitcoin open interest is the highest it's been in 2 years and the iShares Bitcoin Trust now holds more than 100,000 BTC.Source link

Ripple Expands Digital Asset Custody with Acquisition of Standard Custody & Trust Company

Ripple acquires Standard Custody & Trust Company, strengthening its position in institutional digital asset custody market, enhancing regulatory portfolio and service offerings. (Read More)Source link

PlayDapp’s $31 Million Hack: A Blow to Blockchain Gaming Security

PlayDapp, a prominent NFT marketplace, experienced a security breach, resulting in the unauthorized minting of $200 million PLA tokens, worth $31 million. (Read More)Source link