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Court to decide whether lender owns customer crypto

In federal court, a crucial legal issue will be decided concerning whether Celsius Network LLC depositors ceded ownership of their cryptocurrencies in exchange for...

Ethereum upgrade to POS reduces power usage

Ethereum’s blockchain power upgrade, the proof of stake (POS) system, has resulted in a 99% reduction in power usage. According to a report published...

U.K. Treasury finalizes plans for crypto laws

According to reports, the U.K. Treasury is nearing completion of a framework for regulating the cryptocurrency industry. This includes restrictions on international businesses selling to...

Researchers take down KmsdBot malware

Akamai reported that during ongoing research on the KmsdBot, a syntax error caused the bot to stop sending commands, effectively killing the botnet, resulting...

Foxconn crisis leads to shortages in iPhone supply

Buyers of the iPhone 14 Pro should expect to wait, and wait some more, to get their hands on the device and other iPhones...

Lastpass breached by threat actors

LastPass, the password manager, has informed customers that unknown attacker breached its cloud storage using information stolen during a previous security incident in August...

Global regulators begin moderation policies for crypto platforms following FTX collapse

The FTX collapse has renewed calls for international laws to regulate the crypto sector, and for regulators to take crypto platforms more seriously, with...

FTX owes top creditors nearly $3.1 billion

According to a filing in a U.S. bankruptcy court on November 11, the collapsed cryptocurrency exchange, FTX, owes its 50 largest creditors nearly $3.1...

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