Monthly Archives: May 2023

Are smart contracts property? Are holders of a protocol’s token members of an unincorporated association? Is banning open-source software an attack on free speech?Those are the questions before a U.S. court in Austin, Texas, as a lawsuit from a group of crypto engineers and investors in response to sanctions placed on the Tornado Cash protocol…

Terraform Labs co-founder Do Kwon will remain in detention while he faces charges of falsifying official documents in Montenegro after a request for bail was approved and later revoked, according to a court statement from Thursday.Although the Basic Court in the country's capital Podgorica had initially accepted a bail proposal from Kwon's lawyers, Bloomberg reported…

Crypto exchange Bitget will be partnering with custody firm Copper and joining the ClearLoop network, the company said in a statement Thursday.Bitget’s integration with ClearLoop will allow institutional clients of both companies to hold digital assets within Copper’s infrastructure while at the same time delegating those assets to trade on the exchange. Client assets are…

Pixelated pictures of ‘Pepe the Frog’ comics riding spaceships were the latest allure for digital art collectors in the Web3 world.The so-called Bitcoin-based “Space Pepes” collection became the most traded non-fungible tokens (NFTs) over a seven-day period, data from Cryptoslam shows, with over $7.3 million worth of the collection traded.Each of these Space Pepes sells…

Bitcoin's (BTC) recent price slide may have legs, according to technical analysis by alternative asset management firm Valkyrie Investments.The leading cryptocurrency by market value has declined by 10% to $26,200 this month, thanks to renewed hawkish Fed bets, the recovery in the dollar index, and the lingering U.S. debt ceiling uncertainty.Per Valkyrie, a further decline…