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SEC Files Action Against Terraform Labs CEO Do Kwon Regarding Mirror Protocol


The United States Securities and Exchange Commission (SEC) has introduced an action against Terraform Labs, the company behind the design of the Terra blockchain, and its co-founder and CEO Do Kwon. The SEC is seeking an order for Kwon to comply with a series of subpoenas he has failed to address....

Finiko Fugitives Suspected of Moving 750 BTC From Crypto Pyramid’s Wallet


A large amount of cryptocurrency has reportedly been withdrawn from a wallet previously controlled by the Finiko Ponzi scheme in Russia. The wallet’s unknown operators have transferred coins worth $48 million this month. The digital currency was split into smaller amounts and deposited...

Put Away the Ethereum ‘Knives,’ We Come in Peace – Solana Co-founder


Not everyone in crypto is at each other’s throats. And while the rivalry between advocates of competing protocols is real, not all up-and-coming altcoin pioneers say they want to be known as Ethereum (ETH) “killers” – particularly one of the masterminds behind Solana (SOL).... Read More: Put Away...

Patreon Considers Allowing Creators to Use Crypto for Monetization


Patreon, the membership platform, is pondering the idea of letting creators in its platform issue their own creator coins. The statement, that constituted a revelation, was offered by Patreon CEO and co-founder Jack Conte and Chief Product Officer Julian Gutman during The Information’s 2021...

Start-up CGU Raises $2.5 Million USD in Third Public Round


PRESS RELEASE. A crypto platform Crypto Gaming United (CGU), which has joined the crypto exchange TimeX on the 18th of october, made $2.5 million in a record-breaking six seconds since public token trading began. One of the co-founders of the project is a crypto-currency, DeFi and blockchain...

Terraform Labs CEO Do Kwon Is Suing the SEC


Do Kwon, co-founder and CEO of Terraform Labs, the company that backs the Terra blockchain ecosystem, is suing the U.S. Securities and Exchange Commission (SEC). Kwon, who was served a subpoena while appearing at Messari’s Mainnet conference as a presenter, states this behavior was against...

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