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Since November 2022, authorities in South Korea have suspected that several Terra associates were assisting Do Kwon in promoting risky and unstable investment opportunities with Terra (LUNA) and TerraUSD (UST) tokens.
The judge believed that agencies such as the Securities and Exchange Commission and U.S. Trustee's office had not provided sufficient evidence to justify delaying the sale.
The value of Bitcoin (BTC) experienced a sharp decline, dropping below $27,000, following a lawsuit filed by the U.S. Commodity Futures Trading Commission (CFTC) against Binance and its founder Changpeng Zhao.
To improve its high-end products and the popularity of branding, Gucci has announced teaming up with Yuga Labs for the future campaign.
In his blog post, Zhao praised Binance's compliance technology, including its know-your-customer program. He mentioned that the exchange has 750 compliance team members, many with backgrounds in law enforcement and regulatory agencies, and 16 global licenses and registrations.
Binance CEO Changpeng 'CZ' Zhao has refuted claims made by the Commodity Futures Trading Commission, asserting that the cryptocurrency exchange "never trades for profit or 'manipulates' the market under any circumstances."
The suspension of Arbitrum's Twitter account occurred within a week of the highly anticipated release of the ARB governance token.
On Monday, a lawsuit was filed in the US District Court for the Northern District of Illinois accusing Binance of running a derivatives trading operation in the US, providing trades for various cryptocurrencies, such as BTC, ETH, LTC, USDT, and BUSD, which the lawsuit considers as commodities.
Dwpbank plans to add more cryptocurrencies, digital assets, and tokenized securities to the platform.
Sony Interactive Entertainment, the powerhouse in the video game industry responsible for the PlayStation brand, submitted a patent application for a system that enables users to transfer and use non-fungible tokens (NFTs) across various gaming platforms.
A legal agent for Kwon verified that they filed an appeal against the Montenegrin court's ruling to hold the entrepreneur in custody for an additional 30 days beyond the customary duration.
The treasury of NFTX, not including its governance token, contains approximately $20 million. Out of this amount, around $1.3 million is currently invested in USDC.
BlockFi, a cryptocurrency lending company, declared bankruptcy in late November 2022, with its filing being submitted to the U.S. Bankruptcy Court for the District of New Jersey.
On March 22, the SEC issued a Wells notice to Coinbase, stating that the agency's staff had recommended taking enforcement action over potential violations of securities laws related to some of the firm's asset listings, staking services, and Coinbase Wallet.
ARB is a scaling solution on Ethereum that uses optimistic roll-up technology. Such solutions are intended to reduce network congestion and gas fees on the Ethereum blockchain.
The CEO of Coinbase, a United States-based cryptocurrency exchange, Brian Armstrong, has reiterated the importance of selecting candidates who support cryptocurrencies in political elections.
