Terraform Labs in the crosshairs: Sued by the SEC for Diversion of Legal Funds
TL;DR Terraform Labs is facing a lawsuit from the SEC for alleged diversion of legal funds. The dispute centers on the use of $166 million...
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SHIB futures interest surge surpasses $100 million
TL;DR Interest in SHIB futures exceeds $100 million: Indicative of increasing trading activity in Shiba Inu. Cryptocurrency Correction Warning: History shows high interrelation between open...
NodeMonkes Drives Demand for NFTs with Art on the Bitcoin Blockchain
TL;DR NFT NodeMonkes sells for $1M+: Stands out in the Bitcoin NFT market. NFT Bitcoin operations surpass Ethereum: Volume of $35M in 24 hours. NodeMonkes...
Nokia Aims for the Forefront of the Metaverse and AI in its 2030 Strategy
TL;DR Nokia aims to invest in metaverse, Web3 and AI to address growing network demand through 2030. The strategy focuses on developing a future network...
Bitcoin ETFs: A Turning Point in Cryptocurrency
TL;DR Bitcoin ETFs mark a milestone, compared to the cryptocurrency’s IPO. Massive demand drives imbalance in supply and demand, raising prices. Bitwise expands into Ethereum...
Shiba Inu Launches Privacy-Focused Network to Protect SHIB Token Holders
TL;DR Shiba Inu launches privacy network to protect SHIB holders. Collaboration with Zama drives innovative encryption. Integration into Shibarium promises greater security and privacy. In...
io.net presents Ignition: Rewards program to boost the GPU network
TL;DR io.net launches Ignition to reward users who contribute GPUs to its network. Reward points are based on criteria such as working time and node...
Elizabeth Warren Renews Call for Cryptocurrency Regulation in the US
TL;DR Warren urges cryptocurrencies to comply with conventional financial regulations. Proposes law against money laundering in the cryptographic field. Project faces obstacles in the US...
Do Kwon, Co-Founder of Terraform Labs, Faces Fraud Trial Before the US SEC
TL;DR Do Kwon, co-founder of Terraform Labs, faces trial for alleged fraud before the US SEC due to the cryptocurrency crash in May 2022. Delays...