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The QWAN Launch02

13 Jun 23

Damus App must drop bitcoin tipping or face Apple app store removal

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied In a recent development, Apple has issued a warning to the Damus app, which operates on the Nostr platform, urging it to align with Apple’s guidelines or risk being removed from the app store within a 14-day timeframe. According to Jack […]

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08 Jun 23

Do Kwon to face multiple jail terms in South Korea and US

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The chief prosecutor in South Korea, leading the case against Terraform Labs CEO Do Kwon, indicated that he might face multiple terms in his home country and the United States. Kwon was recently granted a bail petition by a judge in […]

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05 May 23

South Korea and US face off over Do Kwon’s extradition

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Reports indicate that South Korean prosecutors are adamant that charging Do Kwon in his home country is the best way to serve justice to Terra network victims. South Korea wants Do Kwon South Korean and United States prosecutors want to administer […]

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06 Apr 23

Buterin and Yakovenko face off on security

After what seemed like an eternity, Anatoly Yakovenko, co-founder of Solana Labs, and Vitalik Buterin, developer of ethereum, have surprisingly picked up where they left off in discussing bridge security. Yakovenko Bridge claims to have pondered the issue for a year until he may have stumbled onto the answer. .@VitalikButerin, I’ve been noodling on this for […]

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16 Mar 23

FTX influencers face $1b fraud lawsuit over crypto promotion

The Moskowitz Law Firm represents the plaintiffs in a class-action lawsuit led by Edwin Garrison against “FTX influencers,” mainly operating on YouTube. The lawsuit alleges that these influencers promoted FTX crypto fraud without disclosing compensation and seeks $1 billion in damages. The lawsuit was filed on March 15 in the Miami division of the southern […]

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26 Jan 23

Crypto firms face uphill battle to meet FCA standards

In a concerning discovery, a new report from the Financial Conduct Authority (FCA) reveals that a staggering 85% of cryptocurrency firms who applied for a license with the regulator failed to meet its minimum standards. Published on Jan. 26, the report, which the Treasury committee of MPs commissioned, exposed a worrying lack of compliance with […]

FTX generic 1

26 Dec 22

FTX ambassadors and promoters face class action lawsuit

The class action lawsuit filed last month against a host of FTX promoters for the now-extinct crypto exchange has been amended. Financial watchdogs are seeking billions of dollars from the exchange’s ambassadors to compensate investors. The class action suit is now in Florida The Federal Consolidated Action case involves the now-jailed Bankman-Fried and FTX. It […]

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