SEC nets record $8.2B from enforcement, mostly from Terraform Labs

A group of Venezuelans has filed a lawsuit with a Florida Federal Court in connection with a Ponzi scheme involving $30 million in cryptocurrency promoted by Canadian investment radio host Harold Seigel.Payment and commerce news outlet Pymnts.com reported today, July 16, that seven Venezuelans claim to have been lured into a $30 million worth digital…

Meta CEO Mark Zuckerberg has finally made the move to expand his metaverse Horizon Worlds from virtual reality headsets to people's smartphones and computers.The 3D avatar-based social platform announced in a Sept. 15 blog post that it has started rolling out its first Meta Horizon world to mobile and web in an early access state. The

Bitcoin’s realized capitalization has soared above its 2017 record high, but Ethereum’s has struggled to reclaim its former highs Crypto market data aggregator Glassnode has published data indicating that Bitcoin’s (BTC) realized capitalization has increased by more than 50% since tagging its all-time high of $20,000 at the end of 2017.The realized capitalization metric measures…

The Litecoin (LTC) Foundation has partnered with software development firm Beam to explore the implementation of a new protocol that would improve privacy and scalability. The news was reported in a Beam Medium blog post Feb. 7.The new protocol, dubbed “Mimblewimble” — a fictional tongue-tying curse from the popular Harry Potter novels — is reportedly…

"The future of the financial industry is built on blockchain technology," said NBX CEO Stig Kjos-Mathisen. 329 Total views 21 Total shares On Friday, Norwegian Block Exchange (NBX) announced it would become the first cryptocurrency platform among the Nordic countries (Norway, Sweden, Denmark and Finland) to list its shares on the pan-European Euronext stock exchange.…

The company cited that it will cease operations of its exchange services as part of the shareholders' decision to restructure the business to focus on Cashlink. 336 Total views 10 Total shares Nigerian social payments app, Bundle announced on July 20 that it is shutting down its crypto exchange arm. According to a statement released on…

If you’re not keen on joining Mark Zuckerberg in the Metaverse, I have bad news for you: You’re already there. You don’t need a virtual reality headset to enter a virtual world. Humans have been representing reality since our distant ancestors first painted on cave walls. If TV, radio, books or newspapers have ever given…

1. Is there a difference between a token/coin/digital currency/virtual currency? In short: Yes, there is. There are indeed differences between all of these terms, both major and minor. For instance, when JPMorgan Chase released its JPM Coin, it presented it as a “digital coin,” while Facebook’s Libra was introduced as a solid “cryptocurrency” — and,…

The 2024 election is projected to be a tight race on the granular local level, but this shouldn’t matter for the long-term price of BTC.