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Lawsuit Accuses Binance US of Selling Unregistered Securities, False Advertising Terra UST as ‘Safe’
13.6.2022
A class-action lawsuit against Binance US has been filed in California that alleges the exchange misled investors and sold unregistered securities to roughly 2,000 plaintiffs. The case was filed by the law firm Roche Freedman LLP, a company known for high-profile crypto lawsuits during the last...
Twitter's Head of Marketing Denies Claims by Yuga Labs Co-Founder About a Social Media Attack
13.6.2022
Justin Taylor, Head of Consumer Product Marketing at Twitter, has questioned claims by Yuga Labs co-founder Gordon Goner that the project's social media accounts encounter a possible attack that would involve an insider at Twitter....
Read More: Twitter's Head of Marketing Denies Claims by Yuga...
Do Kwon Accused of Cashing out $2.7B Before UST Collapse, Terra Founder Says Allegations Are False
13.6.2022
Terra’s new LUNA 2.0 token has lost 54% in value in the last two weeks, after reaching $11.33 per unit on May 30. Meanwhile, the whistleblower Fatman has accused Terra’s co-founder Do Kwon of cashing out $2.7 billion a few months before the UST de-pegging incident. Kwon, however,...
Yuga Labs co-founder prewarns possible attack, claims Twitter insider involved
12.6.2022
Gordon Goner warned about a possible incoming attack after receiving “credible information” that an insider from Twitter would help bypass the security of the social media accounts
Number of DAOs increases 8X along with spike in votes and proposals
10.6.2022
The total number of DAOs has increased dramatically over the past 12 months along with their participation rates, but it may not mean decentralized governance is catching on
US SEC Investigating Do Kwon’s Terraform Labs and UST Collapse: Report
10.6.2022
The U.S. Securities and Exchange Commission (SEC) is reportedly investigating Terraform Labs and the collapse of algorithmic stablecoin terrausd (UST). “SEC enforcement attorneys are investigating whether Terraform Labs broke securities and investment product rules.” SEC Launches...
Appeals court rules Do Kwon, Terraform Labs must heed SEC subpoena served in September
9.6.2022
The U.S. regulator is investigating whether Terraform used its Mirror Protocol to sell unregistered securities in a case unrelated to the Terra collapse
Solana Ventures Launches $100 Million Fund Focused on Web3 Projects in South Korea
9.6.2022
Solana Ventures has revealed the launch of a $100 million fund dedicated to Web3 startups in South Korea. According to Solana Labs’ general manager Johnny Lee, the capital will be dedicated to non-fungible tokens (NFTs), decentralized finance (defi), and game finance (gamefi) development....
Terraform Labs Loses US Appeal Over SEC Subpoena
9.6.2022
The U.S. Second Circuit Court upheld the validity of SEC service at last year’s Mainnet Conference
Corea del Sur investiga a Terra Labs por supuesta malversación de bitcoin tras el colapso de UST, según informe
9.6.2022
Se ha iniciado una investigación a Terraform Labs de Do Kwon por supuesta malversación de bitcoin de la compañía
Binance Labs Among Backers of $7.6M Round for Discord Game Tatsumeeko
9.6.2022
The round for the fantasy MMORPG was co-led by DeFinance Capital, Delphi Ventures and BITKRAFT Ventures
Legal troubles mount for Terraform Labs as Seoul police investigative
9.6.2022
South Korean authorities are currently investigating Terraform Labs and its employees on several charges including tax evasion and market manipulation
South Korea Investigates Terra Labs for Alleged Bitcoin Embezzlement Following UST Collapse: Report
9.6.2022
South Korean authorities are investigating Terraform Labs following the implosion of algorithmic stablecoin UST last month
SEC Probes Binance — BNB Could Be Unregistered Security: Report
8.6.2022
The U.S. Securities and Exchange Commission (SEC) is reportedly investigating Binance’s BNB token, which could be an unregistered security. If the cryptocurrency is found to be a security, it could put Binance in a similar position to Ripple Labs which has been in an ongoing lawsuit with...
LUNA 2.0 Token Loses 56% Since Last Week, Whistleblower Accuses Terraform Labs of Owning Shadow Wallets
6.6.2022
After climbing to $11.33 per unit seven days ago on May 30, Terra’s new LUNA 2.0 token has lost more than 56% in value against the U.S. dollar. Amid the market performance, a number of former Terra-based decentralized finance (defi) projects are transitioning over to the new Phoenix-1...
Binance Labs Invests in DEX PancakeSwap; CAKE Jumps Nearly 10%
6.6.2022
Binance Labs, the venture arm of cryptocurrency exchange Binance, has made an investment in PancakeSwap, the Binance Smart Chain-built decentralized exchange (DEX)
Avalanche Co-Founder Emin Gün Sirer Discusses Macro Conditions and AVAX Sliding in Value
5.6.2022
The price of Avalanche has slid significantly since the crypto asset’s all-time high as the token has dropped 83% in value since then. In a recent interview published on May 31, Avalanche co-founder, Emin Gün Sirer, discussed how bear market conditions have impacted cryptocurrencies...
Report: Ripple CEO Brad Garlinghouse Hints at Future Mergers and Acquisitions
5.6.2022
While visiting the World Economic Forum (WEF) event in Davos, Ripple Labs CEO, Brad Garlinghouse discussed the firm’s growth opportunities and despite the crypto economy’s downturn, Garlinghouse spoke about future mergers and acquisitions. ‘I Think We’re More Likely...
Yuga Labs’ BAYC, OtherSide Discord groups breached, over 145 ETH stolen
5.6.2022
According to OKHotshot’s investigations, the attack was conducted by hacking into the Discord account of Boris Vagner, community and social manager for Yuga Labs
Do Kwon Unlikely to Face Criminal Charges in US, Say Legal Experts
5.6.2022
Terraform Labs CEO Do Kwon is unlikely to face criminal charges in the U.S. over the collapse of cryptocurrency terra (LUNA) and stablecoin terrausd (UST), according to legal experts. They explained that civil charges are more likely, including lawsuits by cryptocurrency investors. Do Kwon Unlikely...