SEC Complaint Reveals Jump Crypto Realized $1.28B from Kwon’s Terra Ecosystem
Michael ScottThe complaint lodged by the US Securities and Exchange Commission (SEC) alleging Terraform and founder Kwon misled investors to believe…
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Camelot Native Token Grail Rallies in February, After Launching on Arbitrium Network
A review of Coingecko data reveals GRAIL's massive growth in February. Although Camelot launched recently on Arbitrum Network as a…
SEC Charges Terraform Labs and Do Kwon, Alleges Misleading Investors and Fraud in TerraUSD Stablecoin
The US Securities and Exchange Commission (SEC) update conveyed on Thursday, February 16, confirmed Terraform Labs alongside its co-founder Do…
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Tether (USDT)
Investors Fleeing Binance USD Fuel Tether’s USDT $1.5B Gain
The increasing regulatory scrutiny on Paxos Binance USD (BUSD) fuels the exodus to other stablecoins, including Tether USDT. The latest…
Crypto Market Maker GSR Launching a Tech Foundation to Support Marginalized Groups
The Singapore-based crypto exchange GSR has announced plans to launch a new foundation that will provide technological solutions to socially…
Hong Kong Issues Inaugural $101M Tokenized Green Bond
The Hong Kong government's detailed announcement marked the successful issuance of pioneer tokenized green bonds. The country's central bank announced…
Blockchain Security Firm Ironblocks Nets $7M in Funding Round
Blockchain-based provider of security services Ironblocks announced raising $7 million in just concluded funding round. The funding round was necessary…
Tornado Cash Developer to Stay in Jail as Dutch Trial Continues
The developer behind Tornado Cashm, Alexey Pertsev, is set to spend more time in jail following the court's directive in…
South Korea’s Crypto Firms Will Have to Self-Regulate Under New Guidance
The South Korean financial services regulator offered clarity to the securities and crypto firms in a guideline published on February…
Judge Considers Overlap to Defer CFTC and SEC Charges against Bankman-Fried
The trial of former FTX chief executive Sam Bankman-Fried took a new twist following the motion filed by the US…
Senator Elizabeth Warren Demands Crypto Miners to Reveal Energy Consumption
The US anti-crypto senator Elizabeth Warren has revealed plans to engage energy supervisors in the US to monitor the activities…
Regulatory Action Forces Paxos to Halt Minting Stablecoin BUSD
Stablecoin issuer Paxos confessed the decision to halt fresh minting of fresh Binance USD (BUD) citing the directive issued by…
Paxos Set to Battle SEC’s Lawsuit Alleging Binance USD Violated Investor Protection Laws
The US Securities and Exchange Commission (SEC) is initiating a lawsuit against Paxos, alleging it violated investor protection law for…
Ault Alliance Subsidiary BitNile Relocating Over 6500 Bitcoin Miners From Texas Facility
The bankruptcy filing by Compute North compelled BitNile to prioritize its business interest by relocating miners from the Texas-based Wolf…