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BitGo to sue Galaxy Digital for $100M over dropped acquisition

“Either Galaxy owes BitGo a $100 million termination fee as promised or it has been acting in bad faith and faces damages of that much or more,” said R. Brian Timmons. Source: https://cointelegraph.com/rss BitGo to sue Galaxy Digital for 0M over dropped acquisition

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Coin Center may challenge US Treasury's sanctions on Tornado Cash in court

“By treating autonomous code as a ‘person’ OFAC exceeds its statutory authority,” said Coin Center’s Jerry Brito and Peter Van Valkenburgh. Source: https://cointelegraph.com/rss Coin Center may challenge US Treasury's sanctions on Tornado Cash in court

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Scaramucci highlights key factors why crypto market will soon recover

Anthony Scaramucci cited the Merge, improving macro indicators such as waning inflation, key business partnerships and pumping crypto prices as reasons for his optimism moving forward. Source: https://cointelegraph.com/rss Scaramucci highlights key factors why crypto market will soon recover

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Network and token freeze after Acala exploit raises questions

The Acala hack saw over a billion aUSD stablecoins minted from thin air, but now community members are scratching their heads wondering how a decentralized protocol would handle the clean up. Source: https://cointelegraph.com/rss Network and token freeze after Acala exploit raises questions

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Kevin O’Leary says sacrificing Tornado Cash worth it for institutional adoption

Mr. Wonderful thinks that crypto needs more regulation and less “crypto cowboys” like Tornado Cash creator Alexey Pertsev, who he suggested was a necessary sacrifice to create stability for institutional inflows. Source: https://cointelegraph.com/rss Kevin O’Leary says sacrificing Tornado Cash worth it for institutional adoption