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A New York district court judge has rubber-stamped Terraform Labs and Do Kwon’s nearly $4.5 billion settlement with the SEC.

US judge approves Terraform’s $4.5B settlement with SEC

A United States district court judge has signed off on the $4.5 billion settlement between Terraform Labs, its co-founder Do Kwon and the Securities and Exchange Commission. ...

3 months ago

Solana Labs has launched Bond, a new platform that will let non-crypto brands leverage the power of blockchain tech to engage with customers.

Solana Labs debuts blockchain customer loyalty platform Bond

Solana Labs, the company behind layer-1 blockchain Solana, could soon be bringing many more non-crypto native brands and their customers into Web3 without many of them even knowing. As...

3 months ago

Greenpeace alleges that Wall Street titans such as BlackRock or Vanguard contribute to the environmental harm derived from Bitcoin mining.

Wall Street must be accountable for Bitcoin mining emissions — Greenpeace

Major financial institutions on Wall Street should be held responsible for bankrolling the emissions-heavy Bitcoin mining industry, according to a new report by Greenpeace USA. The lat...

3 months ago

TON has seen more daily active addresses than Ethereum in 10 of the last 11 days — however, that figure doesn’t include Ethereum layer 2s.

TON flips ETH in daily active addresses, but that’s not the full picture

The Open Network (TON) blockchain has recorded more daily active addresses than Ethereum nearly every day this month. One firm suggests it could be a quiet “flippening” fue...

3 months ago

KuCoin Research believes that the low float, high FDV trend in crypto led investors to other options like Notcoin, which had all its tokens circulating during launch.

May crypto investments hit $1B driven by Notcoin launch — KuCoin

KuCoin’s research arm published a report highlighting that the crypto space saw over $1 billion in investments in May, a slight decrease compared to the previous month. On ...

3 months ago

The huge and sudden uptick in Bitcoin whale accumulation came as Bitcoin supply on exchanges fell to its lowest level since December 2021.

Bitcoin whales scoop up $1.4B in 24 hours amid market correction

Bitcoin whales took full advantage of the Bitcoin price slump on June 11, accumulating a combined 20,600 BTC worth $1.38 billion. According to blockchain analytics firm Crypt...

3 months ago

Riot’s $950 million buyout offer is met with resistance as Bitfarms’ stakeholders and special committee deem it undervalued and not in shareholders’ best interests.

Bitfarms pushes back against Riot’s $950M takeover attempt

A battle for ultimate ownership is heating up between two Bitcoin mining companies, with Canadian Bitcoin miner Bitfarms accusing Colorado-based Riot Platforms of attempting a hostile takeover.

3 months ago

Asymmetry Finance’s afUSD synthetic dollar is based on Ampleforth’s supply adjustment mechanism, which stabilizes prices through elastic supply.

Asymmetry, Ampleforth launch afUSD to rival Ethena’s synthetic dollar

The United States dollar is exhibiting strong performance in 2024, as is the market for digital assets tied to the currency. Ethena’s synthetic dollar, USDe, has a market capitalization of...

3 months ago

At the 2024 Proof of Talk event in Paris, France Jenny Johnson CEO of Franklin Templeton and Mo Shaikh the founder of Aptos explained the protocol economy’s impact on regulators.

How Web3 is transforming global regulatory frameworks

The 2024 edition of the Proof of Talk conference filled the grand hallways of the Louvre Palace in Paris, France, with some of the biggest names and thought leaders in the Web3 space. ...

3 months ago

Blockchain Australia is now the Digital Economic Council of Australia (DECA) with a membership category for banks, most of which have blocked crypto exchanges.

Australia’s peak crypto lobby group drops ‘blockchain’ from name

Australia’s top crypto industry body, Blockchain Australia, has nixed mention of the technology from its name in a bid to court a wider number of fintech firms and banks — rebranding...

3 months ago