Abra settles with SEC over unregistered securities charges
The SEC announced securities charges against the lending platform over its Abra Earn service but also said the firm had settled with pending civil penalties and an injunction.
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Law Decoded: New dawn or bad moon rising for trust-busting in tech, Jan. 29–Feb. 5
Every Friday, Law Decoded delivers analysis on the week’s critical stories in the realms of policy, regulation and law.Editor's noteAs they say, the sun never sets on the Google empire. That said, the role of antitrust law in tech has been on the rise in recent years. Every indication is that the situation is only…

Bitcoin bargain: 3rd biggest whale address adds 207 BTC at $62K
Whales are broadly acting just like in the 2017 bull market, research suggests, as Bitcoin price action takes another breather. 3562 Total views 36 Total shares Bitcoin (BTC) whales are back in the game near $60,000 as data shows classic bull market behavior.According to on-chain monitoring resources on Nov. 16, the third-largest Bitcoin whale address…

Game review: Adoraboos is free and that’s the best thing about it
Working for Cointelegraph, we are regularly contacted by PR agents giving us advance notice of their clients’ forthcoming announcements. Those which seem interesting tend to be followed up with some additional research into the subject, before a decision is made on whether to publish a story.It was following one such contact, bearing the legend, Distance…

Bitcoin stuck in a tight range as BTC price moving averages prepare key bullish cross
There is increasingly little room for maneuver on hourly and 4-hourly charts as the week's trading comes to a close. 1938 Total views 9 Total shares Bitcoin (BTC) hovered above $43,000 on Feb. 11 as volatility waned after a fresh local peak.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewSupport and resistance zones narrowData from Cointelegraph Markets…

Metaverse investments: Opportunities and risks of the trillion-dollar VR market
The metaverse continues to expand, with industry giants and upcoming players racing to seize a slice of the potentially trillion-dollar pie. Close to $2 billion was invested in blockchain-based metaverse deals in 2022, according to Cointelegraph Research’s VC database. A 2022 report by McKinsey estimated the metaverse industry to potentially generate up to $5 trillion in…

Axie Infinity’s new Web3 game, LVMH sued over NFT patent: Nifty Newsletter
Web3 gaming project Axie Infinity revealed a trailer of its upcoming blockchain game Atia’s Legacy, which takes place in the Axie universe. In this week’s newsletter, check out non-fungible token (NFT) gaming project Axie Infinity’s new trailer for its upcoming Web3 game, Atia’s Legacy. In other news, luxury fashion giant LVMH has been sued for

Ethereum launches new testnet ‘Holešky,’ allocates 1.6B ETH for devs
Holešky testnet had a 1.6 billion ETH supply at launch, making it potentially more accessible than the older Goerli network. 163 Total views 1 Total shares Ethereum developers launched a new testnet on Sept. 15. Called “Holešky,” the network is expected to be used for staking, infrastructure and protocol development, according to its developer documents.

DeFi market has room for growth in Korea: 1inch co-founder — KBW 2022
1Inch plans to expand into a largely untapped Asian market, but a lack of DeFi knowledge is preventing mass adoption 112 Total views 2 Total shares Decentralized-finance (DeFi) aggregator 1inch Network has revealed plans to expand within the Asian market, according to its co-founder Sergej Kunz.Speaking to Cointelegraph during Korean Blockchain Week (KBW) 2022 on…