Investors have withdrawn a class-action lawsuit against Terraform Labs (Terra) and its co-founder Do Kwon. The lawsuit alleged crypto assets security fraud, resulting in the loss of investor funds. Nick Patterson initiated the lawsuit in July 2022 through Scott+Scott after the collapse of the Terra ecosystem. Investors Elect To Drop Lawsuit Against Terra and Do […]

The rush of excitement that accompanied the launch of nine new Ethereum futures exchange-traded funds (ETFs) appears to have yielded little in the way of investment dollars in comparison. On Oct. 2, nine new ETF products, which are designed to track futures contracts tied to the value of Ethereum’s native currency Ether ETH $1,661 arrived […]

The one-time “Ethereum killer” remains the darling of institutional investors.

As the crypto market continues to attract substantial investments, it has also witnessed a surge in scams and fraudulent activities. Regulatory institutions worldwide, spearheaded by the United States, seem to intensify their efforts to combat cyber threats, hacks, and frauds that affect the industry.  However, the nascent sector is far from the only one suffering […]

Organized by Digital Pilipinas, the Digital Pilipinas Festival and Philippine Fintech Festival Year 2 bring together diverse stakeholders from various ecosystems to commit to initiatives that drive the country’s tech and innovation ecosystems, provide educational masterclasses, and give platforms to innovative projects through pitch fest and hackathon. […] Read More… The post Digital Pilipinas Festival […]

Shiba Inu finally joined short-term bullrun, but future of token still looks bleak

Former SEC attorney John Reed Stark took to social media on Monday with an in-depth forecast of how Sam Bankman-Fried’s criminal trial is likely to play out. The disgraced ex-boss of defunct crypto exchange FTX faces sweeping fraud charges that may collectively earn him a lifetime in prison. Though he will soon have his day […]

“SBF has simply refused to shut-up,” John Reed Stark opined on Twitter.

Investment products in the crypto arena have recently reported net inflows of $21 million, breaking a persistent six-week drought. With the crypto market’s future continuously debated among experts, such inflows mark a possible resurgence of confidence among investors. The top cryptocurrency remained at the forefront of this resurgence, capturing most of the inflow. But as […]

A deepfake video shows actor Tom Hanks endorsing a dental plan; Hanks responds it’s not him.