Crypto law firm loses appeal to force SEC’s hand on Ether classification

The decentralized autonomous organization was first impacted by the collapse of the Terra ecosystem in 2022 and suffered $16.4 million in losses.

The leverage used in the Bitcoin (BTC) futures market has fallen significantly in the past several days. This indicates that traders are generally uncertain about where BTC is heading in the near term.Estimated leverage on Binance. Source: CryptoQuantWhat is leverage and why is this metric crucial for Bitcoin market sentiment?In the Bitcoin futures market, traders…

A crypto assets regulatory working group dedicated to crypto and blockchain has been established by the South African (SA) government. English-language local news outlet BusinessLive reported on the development on Jan. 2.Tito Mboweni — the South African finance minister — declared:“It is anticipated that, following broad industry comment and participation, the crypto assets regulatory working…

New York-based crypto custody startup Casa has released Casa Node 2, a new iteration of the industry’s popular pre-synced Bitcoin (BTC) full node product.Original Casa Node did a great job, the firm saysAccording to an Oct. 8 blog post, Casa Node 2 offers a faster and smoother Bitcoin and Lightning experience by deploying a faster…

The British financial regulator, the Financial Conduct Authority (FCA), has issued a warning against illegal crypto-related firm Next Coin Market, according to an official statement released on March 6.According to the FCA, Bulgaria-based Next Coin falsely claims to be authorized with the U.K. financial authority to offer cryptocurrency-related services to British residents.The FCA elaborated that…

Jakarta-based Tokocrypto received an undisclosed investment from Binance in May 2020. Jakarta-based crypto exchange Tokocrypto is considering a public market debut over the next two or three years, Nikkei reports Wednesday.“I'm saying two years because we need to be profitable for at least more than two years before listing. We are already profitable now. Our…

Kraken Security Labs revealed on Jan 31. that Trezor hardware wallets and their derivatives can be hacked to extract private keys. Though the procedure is quite involved, Kraken claims that it “requires just 15 minutes of physical access to the device.”The attack requires a physical intervention on the Trezor wallet by either extracting its chip…

Bitcoin.com announced a partnership with Taiwanese telecommunications manufacturer HTC to support Bitcoin Cash (BCH) on its flagship smartphones.In a press release on Sept. 16, Bitcoin.com announced that it and HTC would begin a long-term partnership wherein the HTC Exodus 1 will provide built-in wallet support for Bitcoin Cash.Bitcoin.com states that the phone supports BCH without…