Roche Freedman Removed As Legal Adviser In Tether / Bitfinex Case, Binance Pool Launches $ 500 Million Loan Fund To Bitcoin Miners

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Get your daily summary of cryptocurrency and blockchain-related news, investigating stories flying under the radar in today’s crypto news.
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Legal news

  • A US judge ordered this law firm Roche Freeman resign as lead counsel in class action against stablecoin issuer USDT Attached and its subsidiary, the Bitfinex Comment exchange. Bloomberg reported that the judge fired the company following August leaks involving the company’s founding partner and crypto lawyer Kyle Roche bragging about the company’s alleged relationship with the cryptocurrency startup. Ava Laboratories. “We are delighted with the Court’s thorough and well-reasoned decision to remove Roche Freedman LLP from the position of legal counsel,” Tether said today.

Exchange news

  • Binance Pool launched a $ 500 million fund to provide loans to Bitcoin (BTC) miners in trouble during the market crisis, as well as digital infrastructure providers. According to the announcement, this project is designed to provide secured debt financing services to top-tier public and private companies in the mining and digital resource infrastructure sectors globally. Binance Pool also intends to launch cloud mining products, he added.
  • Cryptocurrency exchange kraken hired Twins former UK stock exchange chief Blair Halliday will lead his UK operations as the new chief executive. Halliday will focus on expanding Kraken’s reach in this vital region.

Regulatory news

  • crypto wallet provider Blockchain.com it would stop providing services to Russian citizens following the latest EU sanctions. According to RBC, the company informed its users that it would close the accounts in two weeks and told them to withdraw the funds until October 27.

Bitcoin News

  • ZEBEDEE, a next-generation FinTech and payment processor for the gaming industry, today announced a new initiative that brings open source code and products to the Bitcoin Lightning space, according to a press release. The new NBD (No Big Deal) nonprofit initiative has already produced several products and code repositories, they added. “NBD does not sell anything, it does not offer services, it does not support products. He simply writes code and gives it to the world to do what they want, “said Andre Neves, co-founder and CTO of ZEBEDEE.

Investment news

  • Web infrastructure company3 Luna pays and the AAX Exchange announced its partnership to allow users to purchase cryptocurrencies in their wallet without leaving the exchange. Through a press release shared with Cryptonews.comAAX users will be able to purchase cryptocurrencies using debit and credit cards, bank transfers, Apple Pay, Google Pay and more, directly on the exchange.
  • The company based in the United States Celo Foundation, the team behind the Celo platform, announced the launch of its “2% for Web3 Impact” promise at the Global Impact Investing Network (GIIN) Investor Forum in The Hague. Aims to bring $ 20 billion in impact investment funds to Web3 by 2025 and the commitment kicks off by actively helping over 100 impact investors on Web3 and making their first investment in “space or to provide liquidity, for example. , to affect loan protocols “, reads the note.
  • Loan / loan protocol Protocol of interest officially joined the Chain link BUILD Program. BUILD helps enable Interest Protocol to accelerate adoption of its protocol on Ethereum with enhanced support for Chainlink, while the team provides network fees and other benefits to the Chainlink ecosystem, the press release states.
  • Trading and investment platform Centurion Invest announced a strategic partnership with Muhsin Bayrak, a billionaire real estate tycoon, and through his holding company and investment group, he will soon run a cryptocurrency exchange in the region. The platform claimed to have acquired a majority stake AB sharesa regulated Turkish stock exchange which is part of the AB Holding Group. This partnership will provide a new $ 40 million innovation fund for a technology project in Bodrum aimed at extending Centurion Invest to this region which is seeing increased interest in cryptocurrencies, he said.

Web News3

  • Eco-friendly, open source and non-custodial crypto wallet Terra wallet and community of private members People I trust claim they are leveraging Web3 regenerative technology to present an NFT auction and tree planting ceremony in London for the 2022 Climate Change Forum. According to a press release, the auction will take place on October 18.Andand a tree planting ceremony will follow on October 20And to the House of Lords, allowing members and guests to start planting NFTrees.

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