The recent developments surrounding Uniswap, the largest decentralized exchange (DEX) in the crypto market, have sent shockwaves through the industry. With over $2 trillion in total volume since its inception in 2018 and ranking first in various metrics, Uniswap has…
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Terraform Labs and Founder Do Kwon Face Fraud Verdict in SEC Case
In a significant verdict delivered by a Manhattan jury, Singapore-based Terraform Labs and its founder, Do Kwon, have been found liable on civil fraud charges. The jury’s decision, in agreement with the U.S. Securities and Exchange Commission (SEC), validates the…
Sui Unites DAG and Blockchain for Swift Secure Transactions Without the Hyperbole
In the field of distributed ledger technology, Sui stands out because it brings together the features of a directed acyclic graph (DAG) and a blockchain. This combination allows Sui to process transactions very quickly while also keeping the data secure.…
Coinbase Wallet Victory Against SEC Charges Marks Significant Milestone for DeFi
In a significant legal development, a United States judge has ruled in favor of Coinbase Wallet, dismissing allegations and delivering a blow to the Securities and Exchange Commission (SEC). This decision has far-reaching implications for the world of cryptocurrency, particularly…
US Prosecutors Charge KuCoin and Founders for Alleged Anti-Money Laundering Violations
In a recent development, US prosecutors have charged KuCoin, one of the world’s largest cryptocurrency exchanges, along with two of its founders, for allegedly failing to comply with American anti-money laundering (AML) regulations. The charges stem from KuCoin’s purported negligence…
Ripple Labs Faces SEC in Court Over XRP Token Status, $2 Billion in Fines Sought
Ripple Labs Inc., is currently embroiled in a legal dispute with the United States Securities and Exchange Commission (SEC) over the status of its digital token, XRP. Ripple’s Chief Executive Officer, Brad Garlinghouse, recently disclosed that the SEC is seeking…
NFT Arcade and SKALE Network Form Partnership to Enhance Security and Accessibility in the NFT Marketplace
As the world of digital assets continuously evolves, there exists a persistent challenge hindering the expansion and accessibility of Non-Fungible Token (NFT) marketplaces. This challenge is primarily the urgent need for improved safety measures, more robust security protocols, and a…
Ethereum and SEC Investigation: Impacts and Industry Response
The digital-asset world continues to operate normally despite recent concerns raised by the US Securities and Exchange Commission’s (SEC) investigation into the Ethereum Foundation, the primary organization supporting the second-largest cryptocurrency. This investigation has brought to the forefront a longstanding…
Ethereum Faces SEC Legal Challenge in 2024, Threatening Spot ETF Approval and Market Stability
The US Securities and Exchange Commission (SEC) has initiated a legal campaign aimed at classifying Ethereum as a security. This development has far-reaching implications for the industry, particularly regarding the approval of a Spot Ethereum Exchange-Traded Fund (ETF) this year.…
SEC Probes Ethereum Foundation Amid Cryptocurrency Regulatory Expansion
The US Securities and Exchange Commission (SEC) has recently initiated an inquiry into the Ethereum Foundation’s transactions as part of its ongoing review of Ether, the world’s second-largest cryptocurrency. This move represents a significant escalation by the SEC in its…
High Stakes Trial of Avi Eisenberg Involves Alleged 110 Million Dollar Theft from Mango Markets Crypto Exchange
In the high-stakes trial of Avi Eisenberg, a 28-year-old trader, federal jurors in New York…
Bitcoin’s Long-Term Investors Now Possess More Than 76% of All BTC for the First Time. Details below
In the ever-fluctuating world of cryptocurrencies, Bitcoin, affectionately known as BTC, is currently undergoing a…
