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Legal Battle Erupts Over $1.47 Million Payment, Winklevoss vs. Silbert

Cameron Winklevoss pursues legal action against DCG CEO Barry Silbert

Cameron Winklevoss followed through on his promise to take legal action against DCG CEO Barry Silbert after Silbert failed to make a final payment of $1.47 million. This legal action stems from a dispute between the two over the Gemini Earn Program.

Bitcoin

– Google Cloud partners with Voltage to advance Bitcoin and Lightning ambitions.
– Lightning Labs releases AI tools for Bitcoin Lightning Network.
– JP Morgan downplays the impact of a Spot Bitcoin ETF approval.
– Bitcoin miners earn $184 million in Q2 2023, breaking records.
– Bitcoin reaches a new yearly high, driven by bullish statements from Blackrock CEO Larry Fink.

Ethereum

– Ethereum Name Service Labs plans to introduce Layer 2 interoperability for ENS domains.
– Ethereum community proposes ERC 7265 to enhance DeFi security.
– Uniswap Foundation links version 4 launch to Ethereum’s Cancun upgrade.

Altcoins

– Concerns arise over large outflows from the Multichain MPC bridge platform.
– Binance discontinues support for cross-chain bridge tokens linked with Multichain.
– Ethereum founder Vitalik Buterin expresses sympathy for Solana amid SEC crackdown.

Technology

– The Open Network (TON) introduces on-chain encrypted messaging feature.

Business

– Gemini sues DCG over Gemini Earn Program.
– BRICS summit to announce new commodity-backed currency.
– Bitfinex recovers some assets from 2016 Bitcoin hack.
– Indian government partners with Polygon and Airchains for blockchain-based land ownership.
– Voyager’s creditors receive a $5 million bill from law firm McDermott Will & Emery.

Regulation

– Israel considers bill to exempt foreign residents from capital gains tax on digital assets.
– Celsius and former CEO found to have violated US laws.
– UK parliament passes bill to seize and freeze cryptocurrencies used for crime.
– More than half of UN member countries still need to implement the Travel Rule.
– South Africa’s crypto exchanges ordered to apply for licenses.
– Belarus aims to end peer-to-peer crypto exchanges to combat fraud.

NFT

– Pacman defends his NFT marketplace against accusations of crashing the market.
– Azuki DAO initiates a Snapshot proposal to hold the founder accountable for misconduct.

Security

– Poly Network falls victim to another exploit, hackers manipulate smart contract function.

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Legal Battle Erupts Over $1.47 Million Payment, Winklevoss vs. Silbert