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Tuesday, May 13, 2025

Shopify Not Allowed to Pause Crypto-related Lawsuit, UAE Company Parners with Binance to Accept Crypto + More News - Cryptonews

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Legal news
A federal judge in the US state of Delaware on Friday denied e-commerce platform Shopify's bid to pause a lawsuit against it over a data breach that cost some crypto users their digital wallets, stating in the order that the stay would have no positive effect, Law360 reported.
Emin Gün Sirer, the CEO of Ava Labs, the development firm behind blockchain protocol Avalanche (AVAX), has dismissed allegations from online publication Crypto Leaks that his company used litigation to fool regulators and “harm” competitors, calling it “conspiracy theory nonsense,” per a tweet. Crypto Leaks also alleged that startup Ripple CEO Brad Garlinghouse funded a law firm to target competitor firms, which Garlinghouse denied.
Mt. Gox creditor and chief investment officer at crypto hedge fund Arcane Assets, Eric Wall, has denied...



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