According to a police announcement, Han Chang-joon, Terraform Labs’ ex-financial officer, has been deported to South Korea. In March last year, Han and Do Kwon, the firm’s co-founder, were apprehended at the…
Category: US
Microsoft Revenue Surges 18% Following AI Integration into Tech Product Offering
Alphabet and Microsoft realized a huge revenue surge attributed to cloud computing and AI investments. They also target accelerating artificial intelligence trends this year. On January 30, major technology behemoths Microsoft and…
SEC Seeks Expulsion of Debt Box Case Amid Sanction Threats
The SEC faced penalties following a judge’s concerns regarding ‘materially untrue and deceptive’ statements in its case against Debt Box. The United States Securities and Exchange Commission (SEC) has filed to expel…
US House Chair of Digital Assets Subcommittee Optimistic of Crypto Bills in 2024
The US House Financial Services Committee (HFSC) chair updated the public on the planned approach to the crypto-related legislation this year. Representative French Hill, who chairs the Digital Assets subcommittee, revealed that…
SEC Charges HyperVerse’s $1.7 billion ‘Ponzi’ Masterminds
A newly filed SEC complaint shows that at one point, the supposed ‘Ponzi’ scheme engaged an actor living in Thailand to act as the chief executive officer when it was unveiled in…
Coinbase Reports 18 United States Senators Currently ‘Backing Crypto’
An analysis by Stand with Crypto, a Coinbase advocacy group, shows that 18 senators are in the pro-crypto camp. The latest data from Stand with Crypto, Coinbase’s nonprofit advocacy organization, shows that…
Gaza Aid Scrutiny Amid Hamas Funding Concerns
Key Insights: American donations to Gaza face challenges, with concerns over aid reaching Hamas, a recognized terrorist organization. The struggle to ensure Gaza aid reaches civilians highlights the need for transparent, accountable…
CFTC Chief Considers Bitcoin ETFs Approval Vulnerable to Misinterpretation as Firm Crypto Regulations
The Commodity Futures Trading Commission (CFTC) chief Rostin Behnam reflected on the regulatory context following the approval of the spot Bitcoin exchange-traded funds (ETFs). The CFTC chair acknowledged that cash market regulation…
Estonian Government to Extradite HashFlare Masterminds
The Estonian government announced that it satisfied the conditions stipulated by the Court for extradition of the masterminds behind the HashFlare Ponzi scheme. Estonian pair Ivan Turogin and Sergei Potapenko are due…
Deribit Executive Reports Increase in Bitcoin Futures Open Interest as Chicago Mercantile Exchange Suffer Decline
In a recent disclosure, Deribit chief commercial executive Luuk Strijers identifies several market movements behind the decline witnessed on the Chicago Mercantile Exchange (CME) for Bitcoin futures open interest. CME Suffer $1…
Bitcoin Remains Steady Amid Strong US GDP Reporting
Bitcoin portrayed steady performance on Thursday, January 25, morning, following the revelation of 3.3% gross domestic product growth by the US in the fourth quarter. The fourth quarter growth triumphed over modest…