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The token behind Sui Network is up double digits on Tuesday as the wider crypto market looked to recover from the latest downturn.

SUI Leads Crypto Market Recovery With 8% Rise Overnight

Sui is soaring. The token behind Sui Network is up double digits on Tuesday as the wider crypto market looked to recover from the latest downturn. Last week, the United State...

1 year ago

Regulatory enforcement against the crypto sector has spooked investors, but the total crypto market capitalization continues to hold above $1 trillion.

Bitcoin and select altcoins show resilience even as the crypto market sell-off continues

A bearish trend formation has been pressuring cryptocurrency prices for the past eight weeks, driving the total market capitalization to its lowest level in more than two months at $1.06 trillio...

1 year ago

The securitized tokens are governed by Hong Kong and Swiss law.

Bank of China issues $28M in digital structured notes on Ethereum blockchain

On June 12, Bank of China’s investment bank subsidiary BOCI announced the issuance of 200 million Chinese yuan ($28 million) worth of digital structured notes minted on the Ether...

1 year ago

Gün Sirer says the U.S. “won the first wave of the internet revolution” because it enabled responsible innovation. Now, it must do the same with blockchain.

Fear of blockchain will have 'disastrous consequences' — Ava Labs CEO testimony

Ava Labs CEO Emin Gün Sirer will be calling on United States officials to “nurture” and “support” responsible blockchain innovation, warning that they face “di...

1 year ago

The lawsuit, initially filed on May 9, alleges the firm and its CEO was involved in a price manipulation scheme tied to the TerraUSD stablecoin.

Jump Trading seeks to move Terra class action suit to California

Algorithmic and high-frequency trading firm Jump Trading is seeking to have the class action lawsuit against the firm moved from Illinois to a Northern district court in California, arguing that...

1 year ago

Immersive games and events across Decentraland, Spatial, and Roblox this week will invite users to experience cosmetic brands in new ways.

Metaverse Beauty Week Aims to Showcase the Branding Potential of the Metaverse

In April, the second-ever Metaverse Fashion Week saw attendance plummet by a dramatic 92%, amid souring public perception of immersive virtual realms and an enduring crypto bear m...

1 year ago

Charles Hoskinson has rebutted allegations by the U.S. Securities and Exchange Commission (SEC) that Cardano's native token, ADA, is a security

Cardano's Hoskinson Refutes SEC Allegations

Cardano founder Charles Hoskinson has firmly denied the U.S. Securities and Exchange Commission's (SEC) allegations that Cardano's native ADA token qualifies as a security. "The fac...

1 year ago

Reddit communities unanimously decided to go private or in read-only modes between June 12 – June 14

Reddit crypto community goes offline: Here’s why

Numerous sub-communities on Reddit – including popular crypto subreddits – unanimously decided to go private for 48 hours as a way to protest against new company policies that preven...

1 year ago

The United States Securities and Exchange Commission labeled the SOL token as a security in separate lawsuits filed last week against crypto exchanges Binance and Coinbase.

SOL is not a security, says the Solana Foundation

The Solana Foundation took to Twitter to address for the first time the United States Securities and Exchange Commission’s classification of its native token, Solana as a security.

1 year ago

The expansion came following a “productive dialogue” with the United Kingdom’s prime minister and “months of constructive conversations” with U.K. policymakers, a16z’s general partner said.

a16z opening London crypto office citing ‘predictable’ environment

Venture capital firm Andreessen Horowitz (a16z) is set to open its first office outside of the United States this year, adding to the backdrop of U.S.-based firms seeking greener pastures outsid...

1 year ago