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Major Bitcoin ETF Legal Battle Begins as Grayscale Sues SEC


One of the biggest bitcoin (BTC) and crypto investment companies, US-based Grayscale Investments, sued US Securities and Exchange Commission (SEC) after it rejected its application to convert the Grayscale Bitcoin Trust (GBTC), the world's largest BTC fund, to a spot exchange-trading fund...

Evolution of Enterprise Blockchain into Real-World Utility and Use Cases


  Johannes Schweifer is the CEO and co-founder of blockchain infrastructure company CoreLedger.  __________ While the market sentiment may be bearish, these times become an opportunity for builders and innovators to focus on how to drive meaningful progress with blockchain technology.... Read...

Do Kwon Says He’s No Fraudster and Has ‘Great Confidence’ in Terra 2.0


  Do Kwon, the co-founder of Terraform Labs has spoken out about the Terra 2.0 network, which was launched in the wake of last month’s devastating luna classic (LUNAC) and terraUSD (UST) crash. Speaking to the Wall Street Journal, Kown said he had “great confidence” in his team’s “ability...

Iran to Shut Down Crypto Mining Farms Amid Record High Power Demand


Authorities in Iran plan to unplug licensed crypto mining facilities as electricity consumption in the country is reaching record highs. The mining farms will be cut off from the grid on Wednesday, the Islamic Republic’s Ministry of Energy announced. Legal Crypto Miners in Iran to Halt...

South Korean Court Exonerates Bitcoiner Who Received BTC 200 by Mistake


  A bitcoin (BTC) wallet owner who received almost BTC 200 (USD 4.16m) by accident has been absolved of blame by a branch of the South Korean High Court, which overturned two previous rulings in doing so.... Read More: South Korean Court Exonerates Bitcoiner Who Received BTC 200 by Mistake

Russian Finance Ministry Rules Out Sale of Oil for Bitcoin


The Russian government considers bitcoin as a payment option for small business transactions, not for oil exports, the country’s finance ministry has indicated. A top official emphasized the department means that cryptocurrencies may be used in barter deals, but not as legal tender. Crypto...

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