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Crypto News Roundup: Terraform Labs Fights Lawsuit, Bitcoin ETF Debates and Miner Concerns
October 31, 2023
The co-founder of the collapsed Terraform ecosystem, Do Kwon, has requested a United States district judge to reject the securities and fraud suit from the federal securities regulator. In an …
Read moreCelebrating 15 Years of Bitcoin's White Paper: A Look at Its Legacy and Future
October 31, 2023
The legacy of cryptocurrency giant, Bitcoin, continues to expand as it marks the 15th anniversary of its foundational white paper. This iconic peer-to-peer electronic cash system, put forth by Satoshi …
Read moreStellar Co-founder-Linked Non-Profit to Lease AI Computing Capacity on Cloud
October 31, 2023
Voltage Park, a startup associated with Stellar co-founder Jed McCaleb's non-profit, Navigation Fund, has made a substantial investment in AI chips. The company has acquired 24,000 Nvidia H100 chips, bearing …
Read moreHong Kong's CBDC Future Uncertain After Pilot Program, Further Study Required: Central Bank
October 30, 2023
The Hong Kong Monetary Authority (HKMA) has concluded its pilot project for the electronic Hong Kong Dollar (e-HKD), the potential retail Central Bank Digital Currency (CBDC). After the first phase, …
Read moreTerraform Labs and Do Kwon Push For Early Dismissal of SEC Lawsuit
October 30, 2023
Co-founder of Terraform Labs, Do Kwon, and the company itself are seeking an early dismissal of a fraud lawsuit filed by the U.S. Securities and Exchange Commission (SEC). They have …
Read moreCrypto Investment Products Witness Highest Inflow in 15 Months Led by Bitcoin and Solana
October 30, 2023
The influx of investments into crypto products has reached its zenith in 15 months, propelled by the prospect of approval for Bitcoin spot exchange-traded funds (ETFs) in the U.S. Latest …
Read moreTerra Co-founder Defends Himself in Trail, Blames Collapse on Former Associate's Mismanagement
October 30, 2023
In a heated trial on Oct 30, Terra's co-founder Daniel Shin defended himself against several charges arising from the 2022 collapse of the Terra ecosystem. The primary blame, according to …
Read moreSam Bankman-Fried faces cross-examination in FTX fraud trial
October 30, 2023
FTX founder, Sam Bankman-Fried is under fire in his ongoing criminal trial in New York. During his cross-examination, Assistant U.S. Attorney Danielle Sassoon scrutinized his involvement with FTX’s sister firm, …
Read moreVanEck Adjusts Bitcoin ETF Application, Indicates an Innovative Seeding Strategy
October 30, 2023
Global asset management firm VanEck has recently revised its spot Bitcoin (BTC) exchange-traded fund (ETF) proposal with the U.S. Securities and Exchange Commission (SEC). The updated filing has gained the …
Read moreCrypto Theft Rises amid LastPass Breach with $4.4M Loss in One Day
October 30, 2023
Victims of the LastPass data breach experienced a significant hit with a reported $4.4 million in cryptocurrency drained from about 80 wallets in just one day. An increase from earlier …
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