Terraform claims SEC offered ‘no evidence’ for $4.7B in disgorgement

May 2, 2024
The Last Cryptocurency
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Cointelegraph Feed

Lawyers for the firm claimed that any alleged losses caused by the platform’s or Do Kwon’s actions happened outside the United States, beyond the SEC’s authority in the civil case.

The liquidation event saw one trader lose $55.9 million, while another saw $10 million worth of hedged positions get liquidated. 1324 Total views 7 Total shares The Bitcoin (BTC) and Ether (ETH) price slump on Aug .18 saw the top two cryptocurrencies fall to a 2-month low and triggered a series of liquidations for thousands…

Investment product issuer 21Shares will list Bitcoin ETP on Aquis Exchange

The announcement comes the same day as ETC Group’s Bitcoin ETP began trading on the same exchange. 2543 Total views 4 Total shares Switzerland-based 21Shares, formerly known as Amun, has said it will make its Bitcoin (BTC) exchange-traded product available to traders in the United Kingdom through the Aquis Exchange.According to an announcement from 21Shares,…

PoS gives Ethereum the economic structure to overtake Bitcoin, says DeFi researcher

Researcher Vivek Raman said that after the Merge, ETH inflation will be lower, security will be better and ETH will position itself as a digital bond. 700 Total views 7 Total shares As Ethereum shifts into proof-of-stake (PoS), a decentralized finance (DeFi) researcher has argued that the platform can overtake Bitcoin's (BTC) throne as the…

CBDC as a store of value threatens financial system, says German official

The German central bank is considering alternatives to CBDC as a digital payment solutions 1286 Total views 23 Total shares Burkhard Balz, a German politician and executive board member of the country's central bank, said in a speech on Oct. 20 that it was crucial to build tools to restrict how the digital euro is…

SEC scores partial win against blockchain firm Opporty over $600K ICO

A federal judge partially sided with the SEC, finding that Opporty and its founder, Sergii Grybniak, offered “unregistered securities” in their 2018 ICO.

Users need to go under the engine in Web3 — HashEx CEO

Hacking in Web3 is easy because it uses the same pattern that’s been used since the inception of the internet — pretending to be someone else. Due to the complexity and the “cool factor” of Web3 projects, one can easily — and mistakenly — assume that it takes Mr. Robot level of advanced hacking techniques to…

Northern Data wants to sell Peak Mining to invest in AI expansion

The Tether-backed company is talking to interested parties, it said. It may also see an IPO on the Nasdaq next year.

Bitcoin Briefly Breaks Over $4,000, Bitcoin Cash Sees Gains Near 20 Percent on the Day

Monday, Nov. 26: crypto markets have seen a strong flush of green amidst the recent news that the U.S. state of Ohio is poised to become the first state to accept Bitcoin (BTC) for tax payments.Virtually all of the top 100 cryptocurrencies by market share are seeing a sufficient rebound over the past 24 hours,…

Bitcoin price returns to $22K despite ‘least volatile’ US CPI reaction

Bitcoin (BTC) ticked above $22,000 after the Feb. 14 Wall Street open as crucial United States inflation data delivered “mixed” results.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBTC price hits 5-day highs on CPIData from Cointelegraph Markets Pro and TradingView followed BTC/USD as it tested multi-week lows twice on hourly timeframes before reversing upward. The pair…

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