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Terraform Labs Cleared to Wind Down Amid $4.47 Billion SEC Settlement
U.S. Bankruptcy Judge Brendan Shannon approved Terraform Labs' wind-down plan on September 19, 2024.The company agreed to a $4.47 billion settlement with the SEC.Terraform...
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Caroline Ellison Faces Sentencing in FTX Fraud Case
Caroline Ellison faces sentencing for her role in FTX's $8 billion fraud.Ellison has pleaded guilty to seven felony counts of fraud and conspiracy.Her cooperation...
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Hemi Network Aims To Bridge Bitcoin and Ethereum for Secure Cross-Chain Transactions
Hemi Network facilitates cross-chain transactions between Bitcoin and Ethereum without intermediaries.Tunneling technology enhances security and reduces transaction fees and delays.Decentralized architecture ensures no single point of failure.Hemi...
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$243M Cryptocurrency Heist: Arrests Made Following Sophisticated Social Engineering Attack
$243 million stolen in a single month through an elaborate social engineering attack.Key players identified: Greavys, Wiz, Box, Light/Dark, and Danny Trauma.Funds were quickly...
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VIDEO: Donald Trump Makes Historic Bitcoin Transaction at NYC Bar
Donald Trump made history by purchasing cheeseburgers with Bitcoin.The transaction took place at PubKey, a Bitcoin-themed bar in New York City.Trump promised fair treatment...
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What These 6 Financial Experts Expect After the Fed’s Rate Cut
Fed interest rate cuts typically boost investor sentiment in the crypto market.High interest rates have historically led to a decline in cryptocurrency values.Bitcoin surged...
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Zilliqa and EMURGO Forge Strategic Partnership to Enhance Blockchain Interoperability
Zilliqa and EMURGO have announced a strategic partnership to enhance blockchain interoperability.The alliance aims to integrate Cardano’s and Zilliqa’s technologies and expertise.Zilliqa will join Intersect, Cardano’s...
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Bitcoin Could Surge to $125,000 if Trump Wins 2024 Election, Standard Chartered Predicts
Geoff Kendrick of Standard Chartered Bank predicts Bitcoin could hit $125,000 by the end of 2024.This forecast hinges on Donald Trump winning the upcoming U.S. presidential election.A Kamala Harris presidency might...
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Schwab Launches Direct Bitcoin, Ether Trading For Clients
Financial giant Charles Schwab has started phasing in direct spot trading of Bitcoin and ether on its platform, which...
DeFi Protocols Pledge 43K+ ETH in $101M Recovery Effort
A collective of DeFi protocols has pledged over 43,500 ETH—worth more than $101 million—to restore the backing of rsETH.The...
Musk Loses 96M Tesla Shares as Interim Award Voided
Elon Musk forfeited 96 million Tesla shares following the board's cancellation of a $29 billion interim compensation award, a...
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ETHZilla rebrands as Forum Markets, pivots from crypto
ETHZilla will rebrand to Forum Markets and trade as...
