Braga Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, has announced a class action lawsuit in its press release on July 24 against Terraform Labs, CEO Do Kwon, crypto hedge fund Three Arrows Capital, and other related persons and businesses, at the U.S. District Court for the Northern District of California. Namely, the suit was filed “on behalf of all persons and entities who purchased or otherwise acquired Terra tokens including UST, LUNA, KRT, ANC, WHALE, ASTRO, APPOLO, XDEFI, MINE, aUST, vUST, MIR, Mirrored Assets (…), Liquidity Pool tokens (…), and/or Bonded Assets (…) between May 20, 2021, and May 25, 2022,” the law firm said....

President Faustin Archange Touadera signed a bill into law that makes Bitcoin legal tender alongside the CFA franc and legalized the usage of cryptocurrencies, according to his chief of staff, Obed Namsio in a statement, according to a tweet by AFP on April 27. The official press release was later shared by Oliver Koblížek. It’s worth mentioning that Finbold reported on April 25 that the Central African Republic passed a bill regulating cryptocurrencies but had yet to adopt Bitcoin....

The Bitcoin mining equipment manufacturer has opened a store in Istanbul as the country continues to witness an increasing interest in cryptocurrency businesses, Dunya reports. Bitmain will operate through its official distributor Phoenix Store which also serves the MENA region. Phoenix Store opened its first Bitmain store in St. Regis within Istanbul. The firm also serves as the distributor for cold wallets, including Trezor, Cool Wallet, and Ledger. Phoenix Store CEO Phil Harvey explained the motivation behind the partnership with Bitmain....

Currently, the global crypto market capitalization is $1.03 trillion, a 0.29% increase over the last day, according to data retrieved from CoinMarketCap on August 24. Meanwhile, the crypto market volume in the previous 24 hours is $68.83 billion, which makes a 1.43% decrease. Nexo leads crypto market gains The native token of the Nexo platform, NEXO, is now the cryptocurrency with the greatest performance among the top 100 cryptocurrencies measured by market cap....

In an interview with Bloomberg Daybreak: Middle East, Somanathan clarified that investors can still trade in different digital assets despite the country imposing a 30% tax on crypto gains. According to the government official, transactions in cryptocurrencies are discouraged, but they will be taxed as speculative transactions and not financial market transactions due to their volatile nature. However, Somanathan expressed uncertainty on the general crypto regulations outlook stating that the country will not ‘jump the gun,’ but the current focus is on taxation....

Indeed, Crystal Palace F.C. filed a trademark application for its crest with the United States Patent and Trademark Office (USPTO) on June 27, according to the licensed metaverse trademark attorney Michael Kondoudis who shared the news with his followers via Twitter on July 1. As part of its trademark application, the football club has covered NFTs, cryptocurrencies, digital collectibles, virtual footwear, clothing, and sports gear, online NFT and crypto marketplaces and exchanges, NFT-authenticated media, and more....

Specifically, Christian Moss, developer and co-founder at Zebedee (ZBD), a Bitcoin-powered platform that allows developers to put money in their games and gamers to earn money by playing them, has upgraded his original Nintendo to do just this, as he demonstrated in a video posted on January 23. How it went As Moss started playing Super Mario Bros. 3 on his Nintendo Entertainment System (NES) upgraded via Zebedee, the game sent him 10 satoshis or ‘sats’ (the atomic unit of Bitcoin) each time he scored a coin in the game, as evidenced in the split-screen video of the game and his phone payment notifications....

There are endless ways of creating fun on Messenger, making it the go-to place for friends to connect. Besides, Facebook Messenger shows an active status to help you know when your friends are available to chat. Today’s guide explains why Facebook Messenger shows the active status, yet you are not active. We will also cover how to bypass the error and ensure your Facebook Messenger displays your correct status. If you are excited to learn something new, keep reading the article....

The process of reporting any content is anonymous. TikTok cares about the safety of all its users, hence anonymizing the process. So, anyone, including your closest friend, can report your content with your knowledge. You can also report anyone who violates TikTok’s TOS or community guidelines. Let’s get deeper into TikTok’s reporting process. TikTok’s Report Feature If you’re frequently on TikTok, there is a high likelihood you may have to report a video or a comment....

The momentum is represented by the coin’s trading volume which has hit $8.04 billion in the last 24 hours as of August 16. Notably, the trading volume is almost double compared to an established asset like ADA. Over the same period, ADA recorded a trading volume of $4.94 billion. Elsewhere, despite increased interest in the coin, DOGE still trails ADA in market capitalization. In the last 24 hours, DOGE’s market cap was at $44....

Indeed, Dogecoin is recording increases on its daily and weekly charts, gaining 10.96% in the past 24 hours and 11.55% compared to seven days ago, according to the data retrieved by Finbold on October 26. These gains have added to the dog meme token’s monthly advance of 7.60%, as demonstrated on the charts, and DOGE is at press time changing hands at the price of $0.0662, with a market capitalization of $8....

The market action is almost identical to what happened when the institutional investment giant launched Bitcoin futures in December 2017. Ethereum outperformed Bitcoin in the first month of contracts trading just over three years ago. Futures contracts allow investors to get exposure to the underlying asset by hedging on its future price movements, and the majority decided to short it in this instance. The CME launched the product on Feb....

Indeed, the number of monthly unique active addresses on the Ethereum blockchain has reached the lowest level since June 20, 2020, according to Coin Metrics’s State of the Network newsletter published on July 12. Specifically, Ethereum’s active addresses bounced back in late 2021 and early 2022, reaching about 9 million in late March 2022. However, since then, that number dropped to as low as 6 million – the lowest level in two years....

Specifically, Ethereum’s top 10 largest non-exchange addresses have added 6.7% more ETH after the decline leading up to the Merge in September, according to the data published by the cryptocurrency market intelligence platform Santiment on November 1. As per the latest available data, Ethereum’s non-exchange whales hold 23.7 million ETH. At the same time, the chart shows that Ethereum’s top 10 exchange addresses recorded only a 0.2% increase in accumulation during the same period, currently holding 8....

As it happens, over the past day, Ethereum has emerged as the leader of the crypto trending list, strengthening 0.11% in 24 hours and 2.57% across the week, whereas TORN assumed second place despite losing 16.74% on the day and 32.03% in seven days, according to CoinMarketCap data on August 10. The increased buzz surrounding Ethereum is connected to the rapid approach of the network’s Merge upgrade, which will mark its transition from the Proof-of-Work (PoW) to the Proof-of-Stake (PoS) algorithm....

In a statement, the commission indicated that the new guidelines are part of legislative proposals that would require crypto-asset service providers to collect additional AML information for crypto transfers. The proposal requires companies handling cryptocurrencies to capture customers’ details including name, address, date of birth and account number, and the name of the person who will receive the digital assets. According to the commission, the proposals are part of dealing with new and emerging challenges related to technological innovation....

EBA’s chair José Manuel Campa has revealed that the institution has challenges hiring specialists to oversee the regulation noting that the issue is a significant concern, as first reported by Laura Noonan in the Financial Times on July 27. According to Campa, the inability to acquire the right staff is further complicated by the talent retention concern in the crypto sector and general technology space. Besides the staff challenges, Campa pointed out that the EBA is also in a dilemma regarding planning logistics for its new powers....

On September 1 alone, investors poured $1.1billion (£800m) into Europe’s aggregators, with the business attracting major financing rounds from investors. According to Dealroom, there are at least 21 aggregators in Europe, of which 19 have debuted since 2020. A portion of the investment has come from Wall Street and Silicon Valley’s biggest names, including the likes of JP Morgan. Oslam, on the other hand, stated it had raised $165 million in equity and debt funding from Christian Angermayer’s Apeiron Investment Group and Elevat3 Capital to acquire e-commerce companies....

In a press statement, Binance noted that Röed would mainly focus on conducting and leading internal and external investigations to identify individuals intending to commit crime through the exchange. His role also entails ensuring user funds are protected while assisting law enforcement agencies with their investigations. Under his portfolio, Röed previously served as the Project Leader of the Dark Web Unit of the Dutch National Police. Röed joins the team, having collaborated with other law enforcement agencies in high-profile cases....

Terms of the deal allow Ford to use Mobileye’s “EyeQ” camera-based detection technologies. Ford will use these technologies for features like ‘forward-collision warning’ together with pedestrian, cyclist, and vehicle detection. These features will also feature in Ford’s upcoming automated driving system. The financial details of the new deal still remain a secret. However, as part of this deal, the automaker must display Mobileye’s name on its infotainment screens of the vehicles....