A lawsuit brought by Ethereum software giant Consensys against the U.S. Securities and Exchange Commission (SEC) was dismissed by a U.S. district judge on Thursday, who wrote that the firm’s claims were ultimately “moot” because the agency’s alleged actions were not “final.” “Because Plaintiff has not identified final agency action that would render the claim fit for judicial review and…
Month: September 2024
US prosecutors oppose Mango Market exploiter's motion for acquittal
Following the exploit, Eisenberg claimed he negotiated a settlement with Mango Markets’ insurance fund to ensure users retained their money. Source: https://cointelegraph.com/news/us-prosecutors-oppose-mango-market-exploiter-s-motion-acquittal?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Dfinity, Cambodia agree on advancing smart city innovation
The Swiss-based backer of the Internet Computer Protocol will provide training and entrepreneurial support as well as decentralized computing. Source: https://cointelegraph.com/news/dfinity-cambodia-blockchain-smart-cities?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin rally above short-term holder metric has traders calling for new BTC price highs
Bitcoin’s recent rally put its price above a key bull market metric. Are new highs inbound? Source: https://cointelegraph.com/news/bitcoin-rally-above-short-term-holder-metric-has-traders-calling-for-new-btc-price-highs?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Feds Arrest Alleged Crypto Crooks for Stealing $230 Million in Bitcoin
Feds today hit two men with criminal charges for allegedly stealing approximately $230 million in Bitcoin from someone, and then using a crypto mixer to hide the movement of funds. In the highly complicated scam, two defendants—Malone Lam, 20, of Miami, Florida and Los Angeles, California; and Jeandiel Serrano, 21, of Los Angeles—allegedly gained access to the victim’s account to…
Terraform Labs Gets Court Approval to Wind Down Operations in Bankruptcy
Terraform Labs has received court approval to wind down operations in bankruptcy following a settlement with the U.S. Securities and Exchange Commission (SEC). The company had been at the center of a scandal that left cryptocurrency investors facing significant losses after the Terra ecosystem collapsed. Court Approves Terraform Labs Wind-Down Terraform Labs has been granted […] Source: https://news.bitcoin.com/terraform-labs-gets-court-approval-to-wind-down-operations-in-bankruptcy/
How to Boost Your ‘Hamster Kombat’ Airdrop Before the Rewards Cutoff
It’s finally here. Well, almost: After months of tapping our phone screens and investing in our fictional crypto exchanges operated by furry creatures, the Hamster Kombat token launch and airdrop are just days away on September 26. But for players who are serious about boosting their bags ahead of the airdrop, there’s another date that’s even closer: the season-ending snapshot…
Stand With Crypto reports 121K have used voter registration since 2023
With 47 days until the US presidential election, tens of thousands of votes could make a difference in crucial swing states. Source: https://cointelegraph.com/news/stand-with-crypto-reports-voter-registration-national-tour?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Lightning Network-Focused Startup Lightspark Sets Its Sights on Latam
Lightspark hopes to enter Latin America’s cryptocurrency market through its partners in the region, including exchanges like Bitso and fintech institutions like Nubank. Nicolas Cabrera, Lightspark’s vice president of product, explained that the company will focus on targeting Latin America’s remittances and cross-border payments market, using its products to streamline these processes. Lightspark Aims to […] Source: https://news.bitcoin.com/lightning-network-focused-startup-lightspark-sets-its-sights-on-latam/
Harvard students launch 'New Bretton Woods Project' to fix debt crisis
According to veteran trader Peter Brandt, the United States dollar has lost over 90% of its value since the 1950s due to inflation. Source: https://cointelegraph.com/news/harvard-students-launch-new-bretton-woods-project-to-tackle-global-debt-crisis?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound