Terraform Labs to Settle SEC Lawsuit for $4.47 Billion
Terraform Labs has agreed to pay a penalty larger than the fine imposed on crypto exchange Binance by the U.S. Justice Department. Court filings from...
CRYPTO
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Turkey Considers Crypto Tax as Part of Fiscal Consolidation Efforts
Turkish Treasury and Finance Minister Mehmet Şimşek is reportedly exploring a new tax on investment gains from both stocks and cryptocurrencies. This move is seen...
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Polygon Labs Bolsters ZK Arsenal with Toposware Acquisition
In a move bolstering its zero-knowledge (ZK) technology development, Polygon Labs, the team behind the MATIC ecosystem, has acquired blockchain startup Toposware. This acquisition brings...
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The Last Episode of the Cryptoqueen: Murder, Money, and Mishaps?
Did Ruja Ignatova’s abrupt disappearance in October 2017 signify an attempt to evade law enforcement, or was there a more sinister reason behind it? Read...
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German Public Wary of Digital Euro’s Surveillance Potential
Half Can Imagine Using Digital Euro, Bundesbank Survey FindsGermany’s central bank, the Deutsche Bundesbank, has revealed the results of a survey on the digital euro....
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Ex-Binance CEO Changpeng Zhao Starts Prison Sentence in California
Cryptocurrency exchange Binance’s founder, Changpeng Zhao, is reported to have started his four-month prison term in California. This news was confirmed by his legal team...
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Matter Labs Scraps “ZK” Trademark Bid After Community Backlash
In a reversal of course, Matter Labs has abandoned its attempts to trademark “ZK,” the abbreviation for “zero knowledge” proofs. This decision comes on the...
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Frax Finance Founder Claims Serial Scammer Hacked Project’s X Account
Frax Finance, a decentralized finance (DeFi) protocol, points to an insider as the culprit behind a recent hack of their X account. According to Frax...
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OKX Launches Dutch Crypto Exchange and Web3 Wallet
Cryptocurrency exchange OKX launched its centralized exchange (CEX) and a web3 wallet in the Netherlands on June 3rd. This expansion into the Dutch market allows...
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Why KangaMoon (KANG) Is the Next Promising DeFi Coin: Insights and Predictions
As Donald Trump announces his intention to support the future of cryptocurrency if elected president in 2024, crypto enthusiasts remain optimistic. Cryptocurrencies like Bitcoin, Ethereum,...
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Exploring Cryptocurrency Potential: Hong Kong’s Regulatory Pilot Projects
Hong Kong authorities have issued a directive that all cryptocurrency exchanges operating in the region must obtain a license from the Securities and Futures Commission...
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Year-Over-Year Spike in Crypto Fraud Cases: Hong Kong Data
The Hong Kong police have officially reported a substantial rise in the utilization of cryptocurrencies in fraudulent activities from 2022 to 2023. Starting from mid-2023,...
