Investors of the now-bankrupt cryptocurrency exchange, FTX, have taken legal actions against venture capitalists and equity firms that supported the crypto exchange. The FTX users allege that these eq...
Tag: Legitimacy
Sequoia Capital, Paradigm, Thoma Bravo Accused of Promoting the Legitimacy of FTX (Report)
Leading venture capital firms such as Sequoia Capital, Thoma Bravo, and Paradigm were reportedly indicted for adding an “air of legitimacy” to the bankrupt cryptocurrency exchange FTX. Sam Bankman-Fri...
Analyzing Shiba Inu’s legitimacy after the launch of Layer 2 solution
Shiba Inu announced the Layer 2 solution Shibarium. Shibarium aimed to legitimize SHIB and boost DeFi growth, but faced short-term skepticism. As per an announcement on 16 January, Shiba Inu’s [SHIB] ...
The Downfall of ‘Shadow Banker’ Reggie Fowler and Crypto’s Rising Legitimacy
Fowler’s downfall was nearly inevitable – not just because he was in bed with bad people, but because he himself seems short on both ethics and competence. For instance, Fowler is sometimes described ...
South Korea’s Crypto Market Gears up to Legitimacy, With Banks Eyeing a Share of the Cake
With the incoming South Korean President, Yoon Suk-yeol, pledging the easing of crypto regulations, the market is on a solid path to being significantly legitimized, according to local media outlet Th...
Crypto Industry Could Benefit From Biden’s Executive Order, Regulations Provide Legitimacy – Regulation Bitcoin News
A Cornell University economics professor says that President Joe Biden’s executive order on the regulation of cryptocurrency could benefit the industry. “Ultimately what these sorts of regulations pro...
Larva labs slammed for legitimacy: unsuccessful projects and launched V2 CrytoPunks
Larva Labs is receiving criticism about the legitimacy of Punks as a result of its unsuccessful V1 CryptoPunks project and its recently launched V2 CrytoPunks. While it has sold some V1 Punks, it also...
A Mining Rig That Boasts 440 TH/s? Miners Question the Legitimacy of New Bitcoin Mining Device – Mining Bitcoin News
The cryptocurrency community has been discussing a newly announced bitcoin miner called the Numiner NM440 that claims to produce speeds of up to 440 terahash per second (TH/s). Furthermore, a publicly...
India: Despite tax ‘legitimacy’, here’s why a ‘crypto ban’ is still not off the table
Soon after the Indian government’s announcement to bring the transfer of digital assets into the 30% tax bracket, Economic affairs secretary Ajay Seth has said that even a ban is still not off the tab...