Terraform proposes $1M penalty for SEC case, no relief or disgorgementLawyers for Terraform claimed that seeking disgorgement from the platform would involve the Luna Foundation Guard, a “non-party” in the SEC’s civil case.Apr 29, 2024Turner Wright
Crypto investment funds see $435M outflow as bull market stalls amid rising inflation concerns Concerns over rising inflation and flat spot Bitcoin ETF inflows could be factors in the $435 million outflow from crypto investment funds last week.Apr 29, 2024Nancy Lubale
Eigenlayer releases EIGEN white paper, bans airdrop for US usersThe EIGEN token will be used to form consensus around data that is off-chain but easily verifiable, such as whether someone won a bet or adequately stored data.Apr 29, 2024Allen Scott
Bankruptcy judge signs off on $450M FTX-Voyager settlementAccording to the terms of the deal, FTX will “relinquish any and all rights” to $450 million Voyager Digital has claimed from the crypto exchange.Apr 29, 2024Turner Wright
South Korea looks to upgrade status of crypto crime unit The temporary unit is reportedly being transformed into a permanent department as enforcement actions rise dramatically in South Korea.Apr 29, 2024Derek Andersen
Binance sued in Canada, CZ could serve 36 months in prison: Law DecodedCryptocurrency exchange Binance is under legal pressure in Canada and the Philippines, while U.S. prosecutors are demanding 36 months in prison for Changpeng Zhao.Apr 29, 2024David Attlee
Price analysis 4/29: SPX, DXY, BTC, ETH, BNB, SOL, XRP, TON, DOGE, ADA Bitcoin and altcoins are falling toward strong support levels, which appear likely to hold in the short term.Apr 29, 2024Rakesh Upadhyay
Avalanche integrates with Stripe for fiat-to-crypto onboardingAvalanche C-Chain users can now buy AVAX directly within Web3 apps by using a widget supplied by Stripe.Apr 29, 2024Allen Scott
Lazarus Group laundered over $200M in hacked crypto since 2020 The notorious group of hackers has used a combination of crypto mixers and peer-to-peer marketplaces to launder the stolen funds.Apr 29, 2024Zoltan Vardai
68% of Runes are in the red — Are they really an upgrade for Bitcoin?Bitcoin Runes were ‘overhyped’ and most have dropped in price, but the tokens open up a whole new world for Bitcoin.Apr 29, 2024Yohan Yun
SEC and Gensler believed Ether was security for at least a yearIn April 2023, Gensler refused to answer repeated questions on whether the SEC believed Ether was a security.Apr 29, 2024Helen Partz
OpenAI announces new publishing deal as race to license content heats upA new strategic partnership between OpenAI and the Financial Times aims to integrate FT journalism into its AI models for more accurate and reliable information and sources.Apr 29, 2024Savannah Fortis
US stablecoin bill to ‘cement’ dollar dominance, fight sanction evasionThe Lummis-Gillibrand Payment Stablecoin Act is a step in the right direction, but enactment in an election year may be difficult.Apr 29, 2024Andrew Singer
Circle’s USDC overtakes Tether’s USDT in stablecoin transactions — VisaDespite Circle’s rising transaction count, Tether’s USDT still accounts for over 68% of the entire stablecoin market.Apr 29, 2024Zoltan Vardai
Omnity rolls out integration for no-fee Runes tradingThe Omnity protocol is launching an integration for trading of Runes tokens without gas or transaction fees.Apr 29, 2024Ana Paula Pereira
Stablecoin firm Tether invests $200M in neurotech companyTether’s brand new division, Tether Evo, has completed a $200 million strategic investment in the neural implant firm.Apr 29, 2024Helen Partz
Bitcoin Runes fees surpass 1,200 BTC as miners reap rewards post-halvingBitcoin miners are reaping the benefits of Runes after the halving, with skyrocketing transaction fees lessening the impact of reduced block rewards.Apr 29, 2024Gareth Jenkinson
Google says no ‘straight line’ between generative AI and unemployment — for now A new study published by Google highlighted the economic repercussions of generative AI and its probable influence on employment trends and workforce dynamics.Apr 29, 2024Savannah Fortis
Crypto on track to hit 1B users by end of 2025 — AnalystMore conservative estimates from the likes of the Boston Consulting Group predict that the crypto industry will reach its first billion users by 2030.Apr 29, 2024Zoltan Vardai
Hong Kong spot crypto ETFs debut tomorrow: 6 things to knowBefore the launch of spot cryptocurrency ETFs in Hong Kong on April 30, the city’s ETF market accounts for 0.6% of the entire U.S. ETF market.Apr 29, 2024Helen Partz
Filipinos face higher fees after Binance banJay Ricky Villarante, the CEO of Moneybees, said that the decision to ban Binance reflects the importance of regulatory compliance and oversight in the industry.Apr 29, 2024Ezra Reguerra
Worst month since 2022 bear market? 5 things to know in Bitcoin this weekBitcoin is on course for 12% losses in April, and with the monthly close just days away, it could end up sparking the weakest BTC price action in more than a year.Apr 29, 2024William Suberg
Lido Finance hits 1M validators, fueling the growth of DeFiLido, the largest liquid staking protocol, controls over 28.5% of all staked Ether, as liquid staking remains the largest DeFi protocol category.Apr 29, 2024Zoltan Vardai
Dubai does for crypto what Silicon Valley did for tech — Gov’t affairs firm CEONH Management’s Tao Xiao explained that VARA’s objective is not to hinder progress but to secure the market’s integrity.Apr 29, 2024Ezra Reguerra
Thai regulator cracks down on deceptive crypto adsRegulators from key crypto markets, including the United Kingdom and Spain, have also taken similar measures against misleading crypto advertisements to minimize losses from crypto investments.Apr 29, 2024Arijit Sarkar
OpenAI hit with privacy complaint in Austria, potential EU law breachAustrian data rights group Noyb filed a privacy complaint against OpenAI, accusing its ChatGPT of providing false information and potentially breaching EU privacy regulations.Apr 29, 2024Savannah Fortis
Mango Markets’ Eisenberg charged with possession of child pornCourt documents allege that Eisenberg possessed sexually explicit images of minors on his electronic devices, including images of prepubescent minors and minors under 12 years of age.Apr 29, 2024Prashant Jha
Bitcoin top $70K or $210K? Analysts, price models clash over BTC cycle peakVeteran trader Peter Brandt sparked debate after suggesting BTC may have already hit its peak this cycle, but even he didn’t put much stock in the theory.Apr 29, 2024Martin Young
Australia’s top exchange may approve spot Bitcoin ETFs this year: ReportAustralia’s spot Bitcoin ETFs could see $3 billion to $4 billion of inflows within the first three years, according to Monochrome CEO Jeff Yew.Apr 29, 2024Tom Mitchelhill
Solo Bitcoin miner wins the 3.125 BTC lottery, solving valid blockThe solo miner netted around $200,000 in rewards for validating block 841,286.Apr 29, 2024Martin Young