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Terraform Labs, Do Kwon Reach Preliminary Settlement With SEC


Singapore-based Terraform Labs and its founder Do Kwon have reportedly reached a preliminary settlement with the U.S. Securities and Exchange Commission (SEC) after being accused of misleading cryptocurrency investors before the 2022 collapse of terrausd (UST), the project’s now-defunct algorithmic...

Mastercard Crypto Credential has now been activated


The Mastercard crypto credential has been activated, commencing with the initial peer-to-peer trial transactions and introducing new associates to the ecosystem. This implies that users of crypto exchange will be allowed to conduct cryptocurrency transactions using their Mastercard Crypto...

A16z Boosts Crypto's Election Fund by Another $25M to Seek Friendly Congress


A $25 million donation from Andreessen Horowitz (a16z) hit the campaign coffers of the industry's U.S. political action committee (PAC), according to a Thursday announcement from the firm, putting the amount raised by some of crypto's biggest names at about $136 million and potentially elevating...

Vitalik Buterin envisions Layer 2s as cultural extension of Ethereum


Vitalik Buterin, co-founder of Ethereum, has shared his vision for Layer 2 solutions, describing them as cultural extensions of the Ethereum ecosystem. This perspective highlights the technical importance of these scaling solutions and how they contribute to the broader Ethereum community...

NYDFS Issues New Crypto Firm Guidance for Consumer Complaints


New York’s top financial regulator has issued new guidance which requires cryptocurrency service providers to collect relevant data to assess whether they are resolving customer service requests and complaints in a timely and fair manner, it announced Thursday

Pepe, Super Trump, Brett, WienerAI Lead May’s Top Meme Coin Gainers


Meme coin season is back in full swing as Pepe, Super Trump, and Brett experienced huge gains in May. Meanwhile, the new presale crypto WienerAI is emerging as a top prospect as its total raise surges toward $3.5 million. Are these meme coins set to continue their growth into June? PEPE, STRUMP...

Ethereum 2.0 precursor: Beacon chain to sunset in June 2024


The closure of Beacon Chain is expected to lead to a boom for Binance Coin, and delegating Binance Coin through a manual migration process is possible even now. Token delegation for Binance Coin will occur after the migration via Binance Smart Chain, the sole network upholding the BEP20 standard....

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