US SEC Investigating Do Kwon’s Terraform Labs and UST Collapse: Report
The U.S. Securities and Exchange Commission (SEC) is reportedly investigating Terraform Labs and the collapse of algorithmic stablecoin terrausd (UST)....
Month: June 2022
Number of DAOs increases 8X along with spike in votes and proposals
The total number of DAOs has increased dramatically over the past 12 months along with their participation rates, but it...
Global Bitcoin adoption to hit 10% by 2030: Blockware report
Bitcoin, like the internet and social media, benefits from “network effects”, where more adoption spurs higher value and incentive for...
Barbie-verse: Mattel inks multi-year deal with Cryptoys NFT marketplace
Mattel plans to use its intellectual property featuring brands such as Barbie and Hot Wheels to create playable avatars sold...
Legal troubles mount for Terraform Labs as Seoul police investigate
South Korean authorities are currently investigating Terraform Labs and its employees on several charges including tax evasion and market manipulation....
SEC chair agrees that Bitcoin and Ethereum are commodities
Senators Cynthia Lummis and Kirsten Gillibrand recently released a crypto bill seeking to change the regulatory scope for cryptocurrencies in...
You can Now Buy NFTs using Credit Card – Master Card
You Can Now Buy NFTs using Credit Card: Mastercard The NFT ecosystem has been clamouring to become more inclusive. One...
Bloomberg Terminal supersizes its crypto coverage: 40 more coins
Bloomberg Terminal has increased its coverage to 50 crypto assets to give its institutional investor client base better data about...
Alibaba Cloud launches NFT solution… then quickly memory holes it
The firm’s NFT marketplace solution included “web hosting, digital marketing & content delivery” infrastructure, but is no longer listed on...
Bitcoin miners say NY ban will be ineffective and ‘isolate’ the state
Miners feel that the New York legislature’s efforts to get Bitcoin miners out of their state will backfire in the...
No more power surge: Community celebrates as Ropsten testnet merge goes live
Musician Jonathan Mann celebrated the merge singing "no more power surge" and "ETH to the moon." The Ethereum blockchain recently completed...
IMF says CBDC designs should focus on environmental-friendliness
The digital asset sector has recorded massive growth over the past few years. However, within this time, there have been...
New York requires stablecoin issuers to comply with new guidelines
The Department of Financial Services (DFS) of the state of New York has published a regulatory guideline for stablecoins backed...
ApeCoin DAO will not migrate projects to another chain
ApeCoin DAO, the governance system for ApeCoin (APE) token holders, has agreed that it will remain within the Ethereum network....
Deloitte report says 75% of retailers plan to support crypto payments in two years
Cryptocurrency adoption in the US has witnessed notable growth over the past year, and these growth levels are expected to...
