Terraform Labs and co-founder Do Kwon have filed a motion for summary judgment against the U.S. Securities and Exchange Commission (SEC), seeking to dismiss allegations of multi-billion-dollar securities fraud.

Do Kwon and Terraform Labs Submit Motion for Case Dismissal against U.S. SEC

This move could prevent a lengthy trial if the judge rules in Terraform’s favor. In the motion, Terraform Labs and Do Kwon assert that the SEC has failed to provide ample evidenc...

10 months ago

The UK has advanced its crypto regulation with the Economic Crime and Corporate Transparency bill, intensifying crackdown on financial crimes while striving to maintain a crypto-friendly stance.

UK legislation on confiscating illegal crypto assets officially receives Royal Assent

The United Kingdom has made a significant stride in its battle against economic crime with the passage of the Economic Crime and Corporate Transparency bill today. Integratin...

10 months ago

Israel's Proposed Crypto Account Restrictions as a Means to Halt Hamas Financing

Israel Might Block Crypto Accounts to Freeze Hamas Funding: Does This Still Keep Crypto Decentralized?

Cryptocurrencies emerged with the tantalizing promise of financial autonomy and decentralization. However, the ongoing Middle East conflict has thrust this promise into the spotlight, igniting d...

10 months ago

Insomnia Labs has partnered with several companies to incorporate web3 elements into brand loyalty.

Insomnia Labs partners with web3 firms for brand loyalty shift

New York-based technology firm Insomnia Labs on Oct. 18 announced a partnership with several web3 companies, including Co:Create, Smart Token Labs, Cookie3, and Crossmint, to launch a brand loya...

10 months ago

YouTube crypto channels and other social media platforms play a crucial role in disseminating information and shaping retail investor sentiment.

YouTube Crypto Channels Can Act as Key Information Source for Retail Investors: Delphi Digital

According to a recent analysis conducted by crypto research firm Delphi Digital, YouTube crypto channels are a key source of information for retail investors.  The data ...

10 months ago

The Belt and Road Announcements Included Digital Currency Agreements

Central Banks of China and UAE Sign MoU to Strengthen Digital Currency Cooperation

The Central Banks of China and the United Arab Emirates (UAE) have recently signed memoranda of understanding (MoUs) relating to digital currencies during the third "Belt and Road" Int...

10 months ago

Norman Rockwell Museum Debuts First NFT Collection

The Norman Rockwell Museum and the Norman Rockwell Family jointly announced Wednesday the launch of an NFT-backed, multi-part series that will offer collectors the opportunity to own several dig...

11 months ago

Microsoft AI is bullish on Cardano, predicting prices to hit $0.37

Microsoft AI chatbot predicts Cardano, Aave, and Everlodge to rally in 2023

The Microsoft AI chatbot has been used for various purposes, including price forecasts. When asked about the state of the market, the chatbot predicted that Cardano (ADA), Aave (AAVE), and Everl...

11 months ago

Reddit will shutter its Community Points feature on Nov. 8, citing scalability issues.

Reddit to wind down blockchain-based rewards service ‘Community Points’

Reddit has said it will soon shutter its long-running, blockchain-based rewards service, “Community Points,” citing scalability concerns. In an official Oct. 17 announ...

11 months ago

Latam Insights: Venezuela and Argentina Leverage 'Unique' Crypto Use Cases, Brazilian Congress Advises Indicting CZ

Chainalysis: Argentina and Venezuela Present Unique Crypto Use Cases According to a recent article referencing Chainalysis 2023 Geography of Cryptocurrency Report, Venezuela and Argent...

11 months ago