Do Kwon, Terraform Labs Should Get $5.3B Fine, SEC Tells Court
The SEC asked a New York judge to impose $5.3 billion in fines against Terraform Labs and Do Kwon to resolve the civil fraud case against them. The regulator says…
Ethereum Price in Q2: 4 Reasons for FOMO and 4 for FUD
In the Northern Hemisphere’s traditional saying, April showers result in May blooms. Can we expect this pattern to continue in the crypto exchange markets during Q2 of 2024 following a…
Mt. Gox’s Looming $9B Payout Could Weigh on Bitcoin Prices, K33 Research Warns
Mt. Gox creditors recently noted updates on their crypto claims, which may mean payouts may be coming soon.The distribution of over $9 billion worth of BTC could “become a relevant…
Ether ETFs Are Unlikely to Be Approved in May: Standard Chartered
ETFs that hold Ethereum‘s ether (ETH) are unlikely to be approved in May, Standard Chartered said in a report.Rising macro risks have led to a slowdown in spot bitcoin (BTC)…
Stablecoin Market Cap Sees Strong Recovery, Here’s Why This Is Bullish: ITB
Since October 2023, the stablecoin market has experienced a notable rebound after experiencing a major downturn over the past two years during the bear market. The market now boasts impressive…
Three XRP Price Predictions to Watch as Ripple v. SEC Trial Starts Today
TL;DR XRP’s value has risen by 3% daily, outpacing other major cryptocurrencies, with multiple analysts setting ambitious price targets. The final phase of Ripple’s legal battle with the SEC, which…
Crypto Lobbyists Sue SEC Over ‘Dealer’ Definition
The Blockchain Association and Crypto Freedom Alliance of Texas have filed a lawsuit, claiming that an expanded definition of a “dealer” in U.S. Securities and Exchange Commission rules for digital…
Bitcoin Halvings: Exploring the Impact on Price Over Time
Bitcoin underwent its fourth price reduction on April 20th, causing block rewards to decrease from 6.25 Bitcoins to 3.125 Bitcoins. Historically, these events have been linked to increasing bitcoin prices…
Galaxy, Lightspeed Lead $15M Raise for Turnkey, Crypto Wallet Startup From Former Coinbase Employees
A turnkey firm named Turnkey, which creates wallet structures for blockchain programmers, has secured $15 million during its first round of funding. This financing was spearheaded by Lightspeed Faction and…
Patched Cosmos Bug Could’ve Put $150M At Risk, Says Firm That Reported It
A security company called Asymmetric Research revealed information about a weakness in the Cosmos blockchain network’s Wormhole interoperability protocol, which, if exploited, might have endangered over $150 million worth of…