Crypto Trader’s Trial Begins: Implications for DeFi Sector

by Александр Пирогов | Apr 9, 2024 | Blog News

In a landmark trial opening today in New York, crypto trader Avi Eisenberg faces charges of criminal fraud and manipulation, with significant implications for the decentralized finance (DeFi) sector. The trial involves a diverse 15-person jury, reflecting the complex...

Trial of Avraham Eisenberg, Accused Mango Markets Exploiter, Set to Begin

by Александр Пирогов | Apr 9, 2024 | Blog News

Avraham Eisenberg, accused of exploiting Mango Markets and stealing over $116 million in October 2022, is set to face trial this week in a New York court. The trial follows indictments by the US Commodity Futures Trading Commission (CFTC) and the Securities and...

Philippines SEC Bans Binance, Prompting Concern Among Filipino Crypto Investors

by Александр Пирогов | Apr 9, 2024 | Blog News

The Philippines Securities and Exchange Commission (SEC) has banned Binance, sparking worry among Filipino crypto investors about the fate of their cryptocurrencies. Attorney Paolo Ong from the SEC clarified that the ban is part of broader regulatory efforts targeting...

El Salvador Offers 5,000 Free Passports to Highly Skilled Professionals

by Александр Пирогов | Apr 8, 2024 | Blog News

Nayib Bukele, the President of El Salvador, announced a groundbreaking initiative to offer 5,000 free passports to highly skilled professionals from around the world. In a tweet, Bukele emphasized that this move aims to attract scientists, engineers, doctors, artists,...

DigiFT Launches DMMF Token: A New Cash Management Option in the Crypto Space

by Александр Пирогов | Apr 8, 2024 | Blog News

DigiFT Singapore, has introduced its second-series RWA depository receipt (DR) token, the DigiFT USD Money Market Fund Token (DMMF). This token provides investors with a secure and compliant cash management option within the crypto space. The launch of DMMF comes...

Paraguay Faces Potential $200 Million Annual Loss Due to Proposed Crypto Mining Ban

by Александр Пирогов | Apr 8, 2024 | Blog News

Lawmakers in Paraguay have introduced a draft bill to ban crypto mining in response to concerns about illegal mining operations draining power and disrupting the country’s electricity supply. If passed, the ban would last 180 days or until new laws are enacted...