Kwon’s lawyers claimed the SEC failed to prove he defrauded U.S. investors in connection with the $40 billion collapse of Terra’s TerraUSD and LUNA. Source: https://cointelegraph.com/public/index.php/news/do-kwon-lawyers-reportedly-dismiss-sec-s-securities-fraud-allegation
A notice issued by authorities governing the Chinese city of Changshu stated that all civil servants in its jurisdiction will be paid their full salaries in digital RMB or digital yuan from May 2023. According to the notice issued by local Chinese authorities, Changshu Local Financial Supervision Bureau and the Changshu Municipal Bureau of Finance, civil servants including public service…
The new unit, Google Deepmind, was formed by merging the Brain team from Google Research and DeepMind, a London-based AI company Google had purchased in 2014. Source: https://cointelegraph.com/news/google-deepmind-restructuring-aims-to-deliver-next-gen-ai-breakthroughs
Reminiscent of Tamagotchi and Pokémon, the wildly popular digital pets and creatures of the 1990s, CryptoKitties is a blockchain-based game where players can collect, trade and breed digital virtual cats. CryptoKitties was the first Ethereum-based game, and its popularity underscored many of the network’s scaling issues. This digital cat-breeding blockchain game caused quite a bit of congestion on the Ethereum…
The platform developed for the digital ruble will be able to operate with different state-issued digital currencies, the Bank of Russia said. Mechanisms for interaction with digital coins minted by the central banks of other countries are already under development, the monetary authority unveiled. Digital Ruble Platform to Support Integration With Other CBDCs, Bank of Russia The system underpinning the…
The SafeMoon hacker said the exploit wasn’t intentional and that they plan to return majority of the funds. Source: https://cointelegraph.com/public/index.php/news/safemoon-hacker-agrees-to-return-80-of-stolen-funds-finance-redefined
United States President Joe Biden will reportedly ban his communications director from handling matters related to any crypto or technology firms he has previously worked with, while allowing him to advise on crypto regulation. According to an April 22 Bloomberg Law report, the White House communications director Ben LaBolt will be barred from “participating in legal matters, investigations, or contracts…
Bitcoin is seeing a “logical and healthy” pullback, say commentators, with $25,000 now a key BTC price line in the sand. Source: https://cointelegraph.com/public/index.php/news/bitcoin-traders-call-for-calm-as-btc-price-slips-10-in-a-week
Bluesky and Nostr—two separate Twitter-like social platforms, both decentralized, and both backed by Twitter cofounder Jack Dorsey—are growing rapidly as Elon Musk continues to make controversial changes to Twitter itself. Bluesky released its long-awaited app for Android smartphones on Friday, almost two months after its iOS client went live on the Apple App Store. (The web client is still in…
Major Asian economies, China and Singapore, have set up a task force to deepen bilateral cooperation in green and transition finance. The move is aimed at facilitating greater public-private sector collaboration for a low-carbon future in the region. The Monetary Authority of Singapore (MAS) announced the collaboration with the People’s Bank of China (PBC) in establishing the China-Singapore Green Finance…
