Burwick Law has filed a federal lawsuit in the United States on behalf of investors against the creators of the Hawk Tuah ($HAWK) meme coin following claims of a rug pull that caused significant financial losses. The lawsuit comes after…
It’s no surprise that DeFi and crypto mining have become increasingly popular in recent years. As the world shifts towards more digital and decentralized forms of currency, the demand for cryptocurrencies continues to rise. However, trading and investing in crypto…
Worldcoin, a crypto-based biometrics project co-founded by OpenAI’s Sam Altman, has been found to have violated European Union (EU) data protection regulations, resulting in data deletion requests from German regulators. The Bavarian State Office for Data Protection Supervision (BayLDA) has…
NiceHash, a leading cryptocurrency mining platform, has announced it is moving its headquarters from the British Virgin Islands to Zug, Switzerland, based on information received by Finbold on Wednesday, December 18. The strategic relocation will align NiceHash’s operations with Switzerland’s…
Cango Inc., a Shanghai-based automotive transaction service platform, announced that it had completed the $256M cash-settled acquisition of on-rack crypto mining machines with 32 EH/s of hashrate from Bitmain. The company had previously announced this acquisition on November 6, together…
Ki Young Ju, the CEO and founder of CryptoQuant, has raised concerns about South Korea’s financial stability, warning that poor economic policies and political unrest could drive crypto businesses and capital out of the country. In a December 19 post…