Lawsuit Alleges Binance Facilitated Hamas Funding
Binance sued for allegedly aiding Hamas, enabling terrorism financing. Families seek damages, raising concerns about crypto exchanges' compliance and potential regulatory impact.
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Binance sued for allegedly aiding Hamas, enabling terrorism financing. Families seek damages, raising concerns about crypto exchanges' compliance and potential regulatory impact.
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It is undeniable that a substantial sum of crypto went into the funding of the Israel-Hamas war but what about the all-too-obvious Islamic Coin that raises more red than green flags?
Crypto funding is almost at a two-year low
Venture funding for web3 fell 80% in the first quarter of 2023 from the same quarter a year earlier, according to K33 Research.
DeFi protocols Aave and Lido have solicited retroactive funding from their decentralized autonomous organizations. Others still fall prey to attackers, such as New Free DAO earlier today.
Already being the primary asset manager of USDC cash reserves, BlackRock will now also be exploring capital market applications for the USDC stablecoin.