Binance Claps Back At Senator Blumenthal’s Allegations, Denouncing False Claims
Binance has formally responded to US Senator Richard Blumenthal (D-CT) following a congressional letter in which the lawmaker cited media reports alleging the company enabled large-scale violations of US and international sanctions involving Iran. In an open letter published Friday, Binance rejected the claims and accused the senator of relying on what it described as […]
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Coinbase’s top lawyer and a US senator traded fierce public claims this week, putting the exchange at the center of a fresh political fight over campaign donations and regulation. Related Reading: SBF Defends FTX: ‘We Had $8 Billion, Not Insolvency’ Allegations Of Political Payoff According to Senator Chris Murphy, Coinbase gave $46 million to support […]
Chainalysis, the new company on the block featured earlier on our site is back in news, but this time for a wrong reason. The company has been forced to defend itself after allegations of Chainalysis launching a Sybil attack on bitcoin network surfaced. Chainalysis' claims to provide financial institutions with the means to access real time transaction information from the blockchain. Their API allows users (their clients) to identify the origin of transactions for regulatory compliance. Nodegate. Chainalysis allegedly created 250 false nodes to obtain information about the origin of....
In denouncing Bitcoin’s proof of work and Decentralized Identifiers, Mozilla’s Tantek Çelik undermines the W3C’s own ethical web principles.
U.S. Senator Sherrod Brown has sent letters to cryptocurrency exchanges and stablecoin issuers, including Coinbase, Gemini, Binance, and Tether, asking how they are protecting consumers and investors. “I have significant concerns with the non-standardized terms applicable to redemption of particular stablecoins,” the senator said.
US Senator Raises Concerns Regarding Stablecoins
U.S. Senator Sherrod Brown (D-Ohio), chair of the U.S. Senate Committee on Banking, Housing, and Urban, announced Tuesday that he has sent letters to a number of crypto exchanges and....
31 march 2016 – BTCJam and net-ARB have been squabbling over the past few days over claims of false Bitcoin rewards issued by the former. Both companies have sent out emails to users denying responsibility for the false arbitration rewards, each blaming the other for the confusion and false reward claims. Net-ARB cites a 3rd party for verification of claims, whereas BTCJam cites the partnership between the 3rd party and net-ARB as the reason for their discontinued business. This entire dispute Highlights the need for robust, transparent smart contracts in the Bitcoin Blockchain ecosystem.