The U.S. Securities and Exchange Commission’s (SEC) case against Terraform Labs and its co-founder, Do Kwon, has been postponed, Reuters reported on Tuesday. The news comes days after a federal judge refused multiple motions to reconsider earlier orders. The delay of the civil trial will allow the authorities to extradite Kwon from Montenegro. The trial […]
Multichain CEO’s Telegram Return Fuels Speculation Months After Arrest
Zhaojun He, the co-founder and CEO of Multichain, a cross-chain bridging protocol, has recently shown signs of activity on Telegram. This development comes after a prolonged period of inactivity following his detention by Chinese authorities in May 2023. As of January 16, 2024, Zhaojun’s Telegram profile indicated he was “last seen recently,” a change from […]
Bloomberg Analyst Says Backlash for Vanguard “Highly Unlikely” To Dent the Firms Inflows
Vanguard’s decision to not allow the trade of Bitcoin ETFs on its platform had kept the entire crypto community on its toes. However, Bloomberg analyst believes that the current backlash won’t make any difference in the company’s inflow of funds. Vanguard marks heavy fund inflows According to Bloomberg analyst Eric Balchunas, Vanguard ETFs have bought […]
Dormant Bitcoin (BTC) Addresses Spring to Life With a Twist
Bitcoin addresses that have been dormant since 2019 are now making their comebacks with gigantic transactions spotted on-chain. Bitcoin Addresses Awakening and the Odd Trend The Bitcoin addresses that sprung to life were spotted by crypto intelligence and analytics provider Arkham Intelligence and per the data, a total of $2 billion has been moved with […]
Shiba Inu Price Prediction As $SHIB Edge Close to 20% Breakout Rally
Shiba Inu Price Prediction: Amid the current correction sentiment in the broader market, the second largest memecoin Shiba Inu (SHIB) witnessed a notable correction from the $0.00001191 resistance initiated in mid-December. Within a month, the coin price tumbled 19% to currently trade at $0.00000986 wavering close to the 50% FIB level. A Healthy retracement as […]
Shiba Inu Lead Developer Unveils Early Access to SHIB Name Service
Shiba Inu’s lead developer Shytoshi Kusama has revealed that registrations for SHIB Name Service are live ahead of the official launch of the offering. The introduction of SHIB Name Service marks a significant milestone in simplifying the user experience within the decentralized space. This innovation will free users from the challenges they face in dealing […]
WEMADE Adds ‘Crystals of Naramunz’ to Blockchain Gaming Lineup
The rise in the use of blockchain technology has opened doors for a plethora of development for online games. Cashing this rise, South Korea-based WEMADE on Tuesday taped on Crypto Rogue Games for the development of its new product. WEMADE taps on European developer for launch of new game Game developer WEMADE today signed a […]
Debt Box Case Highlights Government Overreach
The legal skirmish between the Securities and Exchange Commission (SEC) and fintech company Debt Box has intensified, drawing public attention to potential issues of government overreach. The SEC has accused Debt Box of defrauding investors of over $50 million, but the case has been complicated by the SEC’s admission of presenting false statements in court. […]
Elon Musk Pushes for Increased Control over Tesla AI Projects
Elon Musk, Tesla’s CEO, has expressed a strong desire for increased voting control in the company. Musk’s recent statements on X, formerly known as Twitter, reveal his ambition to hold around 25% voting power within Tesla. This move, he argues, is crucial for him to maintain significant influence over the company’s direction, especially as Tesla […]
Chainlink, Circle Forge Alliance for Interoperability in USDC Transactions
Chainlink has announced its latest collaboration with Circle, integrating the latter’s Cross-Chain Transfer Protocol (CCTP) into its Cross-Chain Interoperability Protocol (CCIP). This partnership marks a pivotal step in enhancing the fluidity of USDC stablecoin transfers across various blockchain networks. Enhancing Stablecoin Utility through Interoperability This integration focuses on using USDC, a popular stablecoin, across diverse […]