US judge approves Terraform’s $4.5B settlement with SEC
A New York district court judge has rubber-stamped Terraform Labs and Do Kwon’s nearly $4.5 billion settlement with the SEC.
Related Posts
Stablecoin adoption and the future of financial inclusion
Institutional interest in crypto is growing, confirmed by a Goldman Sachs survey, which found that 40% of the company’s high-net-worth clients were already exposed to cryptocurrencies. Stablecoins — which offer a more secure and steady option in the crypto space — have experienced hyper-growth, reaching a $119 billion market cap. The volatility of crypto has…
Struggling Swiss Crypto Valley Seeks Gov Aid
Switzerland’s “crypto valley” is in talks with the federal government for setting up a 100 million Swiss franc ($102.7 million) fund for helping the fintech companies. 1796 Total views 49 Total shares Switzerland’s “crypto valley”, a fintech friendly region near Zurich, is seeking a 100 million Swiss franc ($102.7 million) fund from the federal government.…
The State of Blockchain: Experts Weigh in on Adoption Around the World
Blockchain usage is exploding around the world. But despite the technology’s many vocal advocates, the spread of technology is never even. Adoption is limited by a number of factors, including infrastructure development, local resources and regulation.As happens with the spread of any emerging technology, certain regions are pulling ahead of the pack. Rado Dragov, the…
Total Market Cap See Slight Decline, Bitcoin Keeps Holding Its Position
Sunday, July 29: crypto markets have seen diverging trends over a 24 hour period, with nine out of the ten top cryptocurrencies by market cap slightly in the green, according to Coinmarketcap. Market visualization from Coin360 Bitcoin (BTC) is slightly up by less than one percent over the past 24 hours and is trading at…
Celsius warns community about fake accounts, pauses Twitter spaces and AMAs
Celsius Network announced that there is an increase in fake accounts on social media and warned users to be more vigilant. 1097 Total views 9 Total shares A week after it started its withdrawal freeze, crypto lending platform Celsius Network warned the community of a rise in fake social media accounts claiming to be affiliated…
Bitcoin Buyers for Square’s Cash App Doubled in Q3 2019
According to its Q3 2019 shareholder letter, Square’s Cash App reported many new first-time Bitcoin (BTC) buyers, but low profits related to its Bitcoin business.On Nov. 6, payment processing giant Square issued a letter to shareholders outlining Q3 2019 financial figures, in which it disclosed that the total net revenue for its Cash App was…
Crypto use an aggravating factor for sentencing: Aussie court study
Offenders that use cryptocurrency for illegal activity in Australia are more likely to receive a tougher sentence. 191 Total views 8 Total shares Criminals that used cryptocurrency as part of committing a crime are more likely to receive a tougher sentence in Australian courts, a new study has found. The study, titled “Crime and Cryptocurrency in…
Coinbase L2 Base hosts 80% of active Uniswap traders — Token Terminal
Coinbase’s layer-2 blockchain hosts approximately 80% of Uniswap’s monthly active traders.