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Mark Zuckerberg’s tech empire has a long history of using centralized systems to hurt users. Now it’s trying to join Web3. Source: https://cointelegraph.com/rss Facebook is on a quest to destroy the Metaverse and Web3
Judge Martin Glenn says U.K. legal principles may be “persuasive” in the absence of U.S. legal precedents in the complex case of the crypto lending platform’s bankruptcy. Source: https://cointelegraph.com/rss Celsius judge says court may look to UK consultation paper in absence of US guidance
The FTX founder said a knowledge test for derivative retail customers “could make sense” but it doesn’t need to be specific to crypto. Source: https://cointelegraph.com/rss Bankman-Fried '100%' supports knowledge tests for retail derivatives traders
According to the Japan Government, a common mode of attack for the Lazarus Group was phishing, who are believed to have focused more on crypto funds lately because they’re “managed more loosely.” Source: https://cointelegraph.com/rss North Korea’s Lazarus behind years of crypto hacks in Japan: Police
Decentralized autonomous organizations (DAOs) were supposed to be regulation-proof. Federal regulators now have targeted not just a DAO, but also its investors. Source: https://cointelegraph.com/rss CFTC action shows why crypto developers should get ready to leave the US