Summary: 10 persons involved with crashed crypto company Terraform Labs were indicted on multiple charges on Tuesday. Daniel Shin who co-founded Terra alongside Do Kwon was also formally charged, though…
Summary: Ethereum’s leading Layer 2 scaling network Arbitrum started distributing its ARB governance token to DAOs in its ecosystem. Trading venues GMX, Uniswap, and Sushiswap are among several eligible decentralized…
Bybit is set to impose mandatory KYC rules on its customers starting May 8, 2023. The crypto exchange will restrict certain trading activities for users to refuse to comply with…
Summary: The Terra Classic cryptocurrency created by Do Kwon does not classify as a security, a South Korean District Court ruled in February after a similar ruling back in November…
Summary: The French Financial Markets Authority could fast-track crypto registration for companies like Binance that already run regulated digital asset businesses in France. Regulators in France are considering the sped-up…
Summary: Kucoin’s Twitter account was compromised for nearly an hour on early Monday, the crypto exchange told users in a thread. Multiple users lost 22,628 USDT over 22 transactions after…
Celsius’ upcoming auction has attracted crypto exchanges Coinbase and Gemini as new bidders. The consortia of investors are set to bid on the bankrupt crypto lender’s assets this week. Coinbase…
Do Kwon’s lawyers have questioned the U.S. SEC’s jurisdiction over crypto assets. The lawyers have requested the court to dismiss the securities fraud allegations made by the regulator. U.S. law…
Gemini has announced its plans to open a crypto derivatives platform outside the United States. Gemini Foundation’s first offering will be a BTC perpetual contract denominated in GUSD. The new…
Open Exchange recently published a list of investors that supposedly participated in their funding round. Most of the listed investors have stated that they did not participate in OPNX’s funding…
Base is reportedly planning to launch its mainnet before the end of this year. The short-term vision for the Ethereum-focused blockchain is to debut it on the mainnet and decentralize…
Binance is reportedly under investigation by federal prosecutors and police in Brazil. The crypto exchange allegedly helped its clients evade a stop order on crypto futures trading. Futures are deemed…
Summary: On Thursday, the European Commission’s Markets in Crypto Assets regulation or MiCA received overwhelming among EU lawmakers. 517 legislators voted in favor of the new broad crypto licensing regime…
Do Kwon has reportedly been indicted in Montenegro for forging his legal documents. Prosecutors in the country’s capital have also indicted the Terraform Labs co-founder’s associate Han Chang-jun. The prosecutors…
Summary: The Tornado Cash developer will be released next Wednesday after authorities install surveillance devices in Alexey Pertsev’s home. Pertsev was arrested by Dutch police in August 2022 after a…
