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.
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.
Wyre is shutting down its platform next month. In 2022, the company was set to be acquired for $1.5 billion.
Wyre, a San Francisco-based crypto payments firm, is implementing withdrawal limits for user accounts, citing “the best interest of our community."
CEO of Crypto payments company Wyre has allegedly told his employees via email that he is liquidating the company and plans to terminate services this month.
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.
Bolt expects to integrate its checkout system with cryptocurrencies by the end of 2022, allowing consumers to buy physical goods with crypto.
Already being the primary asset manager of USDC cash reserves, BlackRock will now also be exploring capital market applications for the USDC stablecoin.