SEC accuses Terraform Labs of diverting $166 million to legal team ahead of court decisions

[ad_1] The US Securities and Exchange Commission (SEC) accused Terraform Labs of transferring around $166 million to Dentons U.S. LLC, a law firm, under the guise of an Advance Retainer Payment. The... Read more »

Marathon posts record growth in 2023 earnings, unveils Bitcoin Layer-2 Anduro

[ad_1] Bitcoin mining and technology firm Marathon Digital reported record growth in a number of categories in its 2023 annual earnings report. The firm also revealed the development of a Layer-2 network... Read more »

Coca Cola HBC to use Solana-based ALL ART verification system for staff qualifications

[ad_1] Coca-Cola HBC, a leading bottling partner for the Coca-Cola Company, is leveraging blockchain technology to revamp its internal certificate verification process, partnering with Solana-based platform ALL.ART. Coca-Cola HBC has adopted a... Read more »

Chamber of Digital Commerce files amicus brief supporting Kraken in SEC lawsuit

[ad_1] The Chamber of Digital Commerce filed an amicus curiae defending crypto exchange Kraken in the lawsuit initiated by the US SEC, according to Feb. 27 court filings. The Chamber explained that... Read more »

Is this the Bitcoin ETF supply squeeze playing out already?

[ad_1] Seven days after the new Bitcoin ETFs launched, I analyzed how they could put pressure on Bitcoin’s supply dynamics in an article called “If BlackRock continues 6k BTC daily buys, we... Read more »

Bitwise predicts 50% odds of spot ETH ETF approval, $88k BTC by year end

[ad_1] Bitwise researcher Ryan Rasmussen believes there is a 50% chance that spot Ethereum ETFs will gain approval in the coming months. Rasmussen shared his insights on the odds during a Feb.... Read more »

BitForex alleged $2.5 billion volume flatlines as exchange abruptly goes offline

[ad_1] Hong Kong-based crypto exchange BitForex appears to have gone entirely dark following the suspension of its website and trading application on Feb 23. Users have been unable to initiate withdrawals or... Read more »

New AI and hardware may crack the code on lost crypto

[ad_1] The following is a guest post from Robert Rhodin, the CEO of KeychainX. As the crypto market’s capitalization has grown, the diversity and complexity of assets also increase. This growth, supported... Read more »

Cosmos co-founder says GovGen will show how governance can be used in blockchain development

[ad_1] In November 2023, the Cosmos Hub community approved the contentious proposal 848, which reduced the maximum inflation rate of the native token ATOM to 10% from 20%. At the time, ATOM’s... Read more »

SpaceX Launches Ethereum Node to ISS For SpaceChain

While Elon Musk’s recent tweets have sent the crypto market into a downturn, his company SpaceX has collaborated with SpaceChain to send an Ethereum node to the International Space Station. The mission... Read more »