News
Do Kwon and Terraform Labs ask judge to toss SEC’s lawsuit
Do Kwon, the co-founder now-collapsed Terraform ecosystem maintains he and his firm did not skirt U.S. securities laws. Terraform Labs co-founder Do Kwon has requested a United States district judge to reject the securities and fraud suit from the federal securities...
El Salvador pro-Bitcoin president Nayib Bukele launches re-election bid
Despite Bukele’s popularity, some critics argue he isn’t eligible to be re-elected under El Salvador’s constitution. El Salvador president Nayib Bukele has filed paperwork to be re-elected in the country’s upcoming 2024 presidential election in February.Bukele, a...
Bitcoin-friendly El Salvador can become ‘Singapore of the Americas’: VanEck advisor
VanEck strategy advisor Gabor Gurbacs expects a wave of new investment capital and immigration will push El Salvador’s economic growth in the coming years. El Salvador can follow Singapore’s lead and become a financial center in the Americas, according to Gabor...
Wall Street Journal corrects article misciting Hamas’ crypto terrorism funding data
Elliptic, the firm which Wall Street Journal sourced the data from, said it was “pleased” to see the news outlet acknowledge its mistakes. The Wall Street Journal (WSJ) has partially corrected an article whic mischaracterized the extent to which Hamas and other...
‘Buy Bitcoin’ search queries on Google surge 826% in the UK
Google searches relating to purchasing Bitcoin have spiked worldwide following a significant rally in the price of BTC. Google searches for “buy Bitcoin” have surged worldwide amid a major crypto rally, with searches in the United Kingdom growing by more than 800% in...
‘Magnificent seven’ tech stocks tumble a whopping $280B as crypto surges
Google's parent company Alphabet was the worst performer on the day, falling 9.5% in a massive $180 billion wipeout. More than $280 billion has been wiped from the “magnificent seven” tech stocks following the release of several earnings reports on Oct. 25, triggering...
No, ARK 21 Shares spot Bitcoin ETF is not listed on DTCC website
Unfortunately for those watching closely for new spot Bitcoin ETF filings, ARK Invest and 21 Shares’ joint spot Bitcoin ETF has not been listed. Despite swirling rumors on social media, ARK Invest’s spot Bitcoin (BTC) exchange-traded fund (ETF) does not appear to be...
Rug pull feared as Safereum devs reportedly unlock and dump native token
According to blockchain security analysts, the developers of the Safereum project suddenly sold more than 700 ETH worth of its native token, sending the price of SAFEREUM plunging more than 90%. The crypto community has been left fearing the worst after seeing huge...
Bitcoin pioneer Hal Finney can’t be Satoshi Nakamoto, new analysis suggests
The investigator, Jameson Lopp, compiled archived emails from 2010, data from a 10-mile race in California in 2009, and other evidence to make the argument. Bitcoin pioneer Hal Finney was competing in a 10-mile race at the exact time Satoshi Nakamoto was responding to...
Crypto advocates file amicus brief to address users’ Fourth Amendment privacy rights
The amicus brief was filed to support an appeal against the Internal Revenue Service in relation to a 2017 court order where Coinbase was forced to hand over data from more than 14,300 of its users to the IRS. Cryptocurrency advocacy group DeFi Education Fund (DEF)...