US Court to Hear Terraform Labs and Do Kwon’s Proposed Remedies in May
Terraform Labs and its co-founder, Do Kwon, have been found liable for fraud by a jury in a case with the United States Securities and...
Binance’s Legal Battles in the US: CZ Sentenced
On April 30, former Binance CEO Changpeng Zhao, also known as CZ, was sentenced to four months in prison in a Seattle courtroom for violating...
Bitcoin Plummets Below $60K as Futures Premium Hits 5-Month Lows
Bitcoin's price experienced a sharp decline on April 30 after the lackluster launch of a spot Bitcoin exchange-traded fund (ETF) in Hong Kong. Despite expectations...
Hong Kong’s Bitcoin and Ether ETFs: $200M+ Inflows on Day 1
Hong Kong has seen a significant influx of funds into its spot Bitcoin and Ether exchange-traded funds (ETFs) since their debut on April 30. According...
Sudden 42% Drop in Safe Token as Transfers Enabled
Following the decision of its decentralized autonomous organization (DAO) to implement a lock in 2022, Safe token's transferability was unlocked, causing a significant drop in...
Ripple’s XRPL Chosen by SBI Group for Supply Chain Solutions in Japan
SBI Group, a Japanese corporation, is set to become the first company in Japan to utilize the XRP Ledger (XRPL) blockchain supply chain solutions. Ripple,...
$450M FTX-Voyager Settlement Approved by Bankruptcy Judge
A motion has been approved by a judge, giving permission for the debtors of the now-defunct cryptocurrency exchange FTX to reach a settlement agreement of...
Upgrading Status of South Korean Crypto Crime Unit
The South Korean Ministry of Justice and Ministry of Security and Public Administration are collaborating to transform their crypto crime investigative unit into a permanent...
SEC and Gensler: Ether Considered Security for a Year
Consensys, an Ethereum software firm, has filed a lawsuit against the United States Securities and Exchange Commission (SEC). This legal action has brought to light...
OpenAI Strikes Publishing Deal Amid Licensing Race
The Financial Times (FT), a newspaper based in the United Kingdom, and OpenAI, a prominent artificial intelligence (AI) research company, have announced a new partnership...