TON struck by outage, no new blocks produced in 3 hours
The Open Network is no longer producing blocks following a frenzy of trading activity for a new memecoin called DOGS.
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US regulator seeks feedback on DeFi’s impact on financial crime: Finance Redefined
Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you significant developments over the last week.The United States regulators want to take a closer look at money laundering and terror financing laws by the Financial Crimes Enforcement Network (FinCEN), as it asked banking sector players…

Brazilian Crypto Exchange XDEX Announces Full Closure
Brazilian crypto exchange XDEX, which is owned by the largest stock broker in Latin America, announced the end of its activities. The company announced its closure on March 31:"Today, we announce that XDEX is starting the process of closing its activities. Market projection, competition and few regulatory advances reduced the opportunities found at the beginning…

To IPO or Not to IPO? SPAC is the question
An initial public offering is the classic way to take a company public, but many crypto companies bypass the regulatory scrutiny with a backdoor SPAC mergerBy Connor SephtonIf you want to sell stock in an American company to the public, traditionally you hold an initial public offering, better known as an IPO. An IPO starts with…

Terra lawsuit a ‘roadmap’ to attack other stablecoins: Delphi Labs
Delphi Lab's general counsel said the SEC was being "more thorough than usual" in its lawsuit against Terraform Labs and its co-founder Do Kwon. 210 Total views 29 Total shares Own this piece of history Collect this article as an NFTThe United States Securities and Exchange Commission’s (SEC's) lawsuit against Terraform Labs and its co-founder…

WINk (WIN) soars as retail DeFi investors flee high Etheruem gas costs
Decentralized finance has exploded in popularity over the past year and many analysts have pointed to the 2020 'summer of DeFi' as the primary catalyst for the rallies seen in Ether (ETH) and Bitcoin (BTC). In the beginning, investors were able to easily secure 4-digit annual percentage yield (APY) on an almost endless number of attractively priced…

Coinbase wrapped Bitcoin deploys on Solana, aimed at growing DeFi market
The deployment will allow users to utilize Bitcoin in Solana’s burgeoning DeFi ecosystem, according to Coinbase.

European Commission Calls On Blockchain Devs for Defense-Focused Solutions
The European Commission (EC) is offering grants to blockchain developers and other specialists for solutions that adapt technologies from civil to defense applications.On March 24, the EC published a European Defense Industrial Development Program tender calling on small-to-medium enterprises (SMEs) to propose rapid, cost-effective solutions — focused on new approaches and proposals for technologies or…

South Korean prosecutors apply to revoke Do Kwon and other Terra employees’ passports
Singapore, where Terra co-founder Do Kwon is currently staying, does not have an extradition treaty with South Korea. 177 Total views 14 Total shares According to local news outlet gynews.kr, the Seoul Southern District Prosecutors' Office's Joint Financial Securities Crime Investigation Team says it will be contacting the country's Ministry of Foreign Affairs to nullify…