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Terraform Labs to shut down after $4.5B SEC settlement: Law Decoded

17.6.2024
Terraform Labs plans to sell key projects within the Terra ecosystem and give the community control of the Terra blockchain

FTX victims go after company’s assets from criminal forfeiture

17.6.2024
Though Sam Bankman-Fried is currently serving a prison sentence, affected FTX customers and creditors are making claims on the firm’s assets, which are still worth millions

Crypto chief bids SEC farewell after 9 years of service

17.6.2024
David Hirsch has worked as an enforcement attorney for the SEC since 2015 and started his post as the chief of the crypto asset division in 2022

First Mover Americas: Crypto Majors Subdued After Fed's Hawkish Stance

17.6.2024
The latest price moves in bitcoin (BTC) and crypto markets in context for June 17, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets

Toncoin price risks correction after TON's 34% surge in 2 weeks

14.6.2024
The bullish scenario has TON price rallying 65% in July if the classic bullish continuation breakout setup plays out

China’s Reduced Physical Gold Demand Cools Prices After May Peak

14.6.2024
While gold reached a record high in May at $2,450 per ounce, it has since settled at $2,329 per ounce. According to the World Gold Council, China’s demand for gold fell in May to its lowest level in four years. Gold Prices Down from Record High, China Physical Consumption Slumps, Analyst...

Lil Pump and dump: Rapper tattoos ‘Solana’ on forehead after selling SOL tokens

14.6.2024
Lil Pump’s new Solana tattoo sparked mixed reactions from fans and the crypto community, with some criticizing and others celebrating the move

Altcoins signal buy after taking it ‘on the chin’ since March

14.6.2024
The altcoin crypto market may present “some opportunities” for investors after “taking it on the chin” the last four months

Holograph fell 80% in 9 hours after exploiter mints 1B additional HLG

14.6.2024
The 1 billion HLG tokens were worth $14.4 million at the time of the first mint, Etherscan data shows

Attorney Disbarred After Misappropriating $4 Million in Bitcoin Funds

14.6.2024
The Supreme Court of Georgia, the highest judicial authority of the U.S. state of Georgia, has disbarred attorney Diana McDonald on June 11 for misappropriating $4 million from a bitcoin escrow transaction. In 2019, McDonald acted as a fiduciary for a client involved in a Bitcoin deal that failed...

Swiss regulator forces crypto-friendly FlowBank into bankruptcy

14.6.2024
The Swiss-based bank had ties to the TrueUSD stablecoin issuer, Techteryx, crypto asset manager CoinShares and reportedly Binance

Toncoin (TON) eyes $10 after hitting a new ATH

13.6.2024
Toncoin recently breached the milestone of $7.64, which has triggered speculation about a new level of $10. While a tentative timeline has not been drawn, it is expected to happen anytime soon. Two important factors—the golden cross pattern and the growth of the network—support this. TON’s...

Hidden Road partners with Bitfinex after Bybit KYC issues

13.6.2024
After halting support for BybBit’s crypto services in May 2024, Citadel-backed Hidden Road inked a new crypto partnership with Bitfinex exchange

Terraform Labs to Dissolve After SEC Settlement, CEO Announces

13.6.2024
Following a settlement with the U.S. Securities and Exchange Commission (SEC), Chris Amani, who succeeded Do Kwon as the CEO of Terraform Labs, disclosed that the blockchain firm is set to dissolve. Terraform Labs Set to Close Doors Post-SEC Settlement Blockchain startup Terraform Labs...

IO.NET ($IO) soars 47% in 24 hours after Binance listing

13.6.2024
IO.NET, a new decentralized GPU network that provides computing power to its users, launched its Native Token, $IO, which quickly became popular among users. The token has a market cap of $578M and was launched on Mainnet on June 11th. Investors gained 47% in only 24 hours. On June...