In the rapidly evolving world of cryptocurrency, the actions of two distinguished law firms—Burwick Law and Wolf Popper LLP—have illuminated the precarious intersection between intellectual property rights and digital asset creation. These firms have taken a decisive stand against the growing trend of meme coin platforms, specifically targeting Solana-based entity PumpFun. Their recent cease-and-desist letter
Crypto
The recent incident involving Jupiter, a decentralized exchange aggregator based on the Solana blockchain, highlights the vulnerabilities within the cryptocurrency space, particularly when it comes to social media security. On February 6, 2023, an unknown attacker seized control of Jupiter’s X account—formerly Twitter—where it had amassed a following exceeding half a million users. This breach
In recent years, the California real estate market, particularly in high-end neighborhoods like San Francisco, has come under scrutiny for practices that appear to marginalize certain buyers based on their profession or industry. The lawsuit filed by Jesse Powell, co-founder of cryptocurrency exchange Kraken, shines a spotlight on these discriminatory behaviors, suggesting that biases against
As the cryptocurrency market continues to evolve, prominent figures within the industry frequently weigh in on contemporary issues that could shape its future. One such figure, Arthur Hayes, co-founder of BitMEX, has recently expressed strong skepticism toward the concept of a U.S. Bitcoin reserve. In his probing essay titled “The Genie,” published on February 5,
Cryptocurrency enthusiasts and investors are experiencing a mix of excitement and trepidation in today’s market, with Bitcoin (BTC) at the forefront of recent discussions. High-profile endorsements, like those from Eric Trump, can stimulate interest and awareness in the crypto space, but the actual market reaction often tells a different story. The recent fluctuations in Bitcoin’s
As of now, the cryptocurrency landscape remains tumultuous, with Ethereum (ETH) grappling below the crucial $2,800 mark. Despite being the second-largest cryptocurrency by market capitalization, ETH has not followed Bitcoin’s bullish trends in recent months. The asset’s depreciation of 24% over the past 30 days has left investors perplexed and concerned about its future trajectory.
On February 4, 2025, Ripple’s XRP Ledger (XRPL) experienced a significant yet brief outage that disrupted block production for approximately one hour at the ledger height of 93,927,173. As Ripple’s Chief Technology Officer David Schwartz later observed, the root cause of this disruption remained unclear, but the system managed to recover autonomously without necessitating substantial
Thailand’s financial landscape is undergoing a transformation as the Securities and Exchange Commission (SEC) gears up to implement a Distributed Ledger Technology (DLT)-based trading system for debt instruments. This innovative initiative aims to empower securities firms to engage more actively in digital token trading, thereby enhancing the overall efficiency and accessibility of the capital market.
The recent indictment of 22-year-old Andean Medjedovic has sent shockwaves through the cryptocurrency community, drawing significant attention to the vulnerabilities within decentralized finance (DeFi) protocols. U.S. authorities allege that Medjedovic illegally siphoned off around $65 million from two prominent DeFi platforms—Indexed Finance and KyberSwap—between 2021 and 2023. This hefty sum, which could have supported legitimate
In a notable turn of events, both Crypto.com and Kalshi find themselves at the center of a regulatory examination by the Commodity Futures Trading Commission (CFTC). The agency’s inquiry seeks clarification on how the recent event contracts related to the Super Bowl comply with existing derivatives regulations. This scrutiny is crucial as it highlights the
