Terraform Labs to shut down after $4.5B SEC settlement: Law Decoded

The data reveals two separate transactions in which the exploiter moved 2,500 ETH, each valued at $4 million. Almost a year following the FTX hack that resulted in the loss of $600 million in tokens, on-chain data indicated recent activity in the wallet of the perpetrator, identified as 0x3e957, on Saturday, Sept. 30, 2023. This

Major United States crypto exchange and wallet service provider Coinbase has reportedly hired a veteran of Amazon Web Services to develop staking and governance solutions for its crypto custodial services. The news was reported by The Block on March 4.Citing an alleged internal memo, the report claims that Luke Youngblood — formerly a principal solutions…

A handful of altcoins posted double-digit gains while Bitcoin’s relief rally was halted by resistance at $34,000. 643 Total views 9 Total shares Bitcoin’s (BTC) tumble below $30,000 was short-lived as the top cryptocurrency found a new wave of support, including a $10 million ‘buy the dip’ moment from MicroStrategy. Data from Cointelegraph Markets and TradingView…

For decades, banks and insurance firms employed the same mostly static but highly profitable and centralized business models. Also for decades, Big Tech firms such as Facebook, Microsoft, Amazon, Apple and Google have monopolized user data for their profit. However, blockchain projects could significantly challenge Big Tech’s grip on user data. In 2015, the future of…

Telangana will launch the blockchain accelerator program in partnership with CoinSwitch Kuber and Lumos Labs. 969 Total views 24 Total shares The state government of Telangana announced the launch of the India Blockchain Accelerator program to foster early-stage Web2 and Web3 startups and blockchain developers aimed at solving real-world challenges. The program will be launched…

The adoption of nonfungible tokens has served as a practical entry point for users joining the crypto economy, driven primarily by their respective fandoms and the benefit-centric nature of the tokens. For instance, if you're a Lebron James superfan, you can understand why “The Block” from the 2016 NBA finals is valuable on NBA Top…

Crypto investment offerings for wealthy clients will be limited to a small fraction of their portfolios due to the volatility of the asset class, sources say. 2969 Total views 29 Total shares UBS Group AG is exploring various ways to offer its wealthy clients the possibility of investing in digital assets, anonymous sources claim. A…

Xapo Bank members will now be able to instantly pay for small purchases of up to $100 at any vendor accepting Lightning payments. 276 Total views 3 Total shares Own this piece of history Collect this article as an NFTXapo Bank, an international private bank headquartered in Gibraltar, integrates the Lightning Network to improve its Bitcoin…

We have some great news coming out of the United States on the cryptocurrency industry this month with potentially more good news coming later this fall. On Oct. 6, Gary Gensler, head of the U. S. Securities and Exchange Commission (SEC), confirmed during a House Committee on Financial Services hearing that the regulator will not ban…