Do Kwon, Terraform Labs Should Get $5.3B Fine, SEC Tells Court
The massive sum is a “conservative measure” of Terraform Labs and Do Kwon’s ill-gotten gains, according to the SEC.
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Mt. Gox’s Looming $9B Payout Could Weigh on Bitcoin Prices, K33 Research Warns
The defunct crypto exchange will distribute 142,000 BTC and 143,000 BCH to creditors later this year, 10 years after its implosion due to a hack.
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Ether ETFs Are Unlikely to Be Approved in May: Standard Chartered
The bank reiterated its year-end bitcoin and ether targets of $150,000 and $8,000, respectively.
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Crypto Lobbyists Sue SEC Over ‘Dealer’ Definition
The SEC adopted a broadened “dealer” definition that might capture crypto traders, the Blockchain Association and Crypto Freedom Alliance of Texas alleged.
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Crypto.com Postpones South Korea Launch After Reports of Money Laundering Probe
The firm maintains the “highest” anti-money laundering standards in the industry, it said in a statement to CoinDesk.
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Patched Cosmos Bug Could’ve Put $150M At Risk, Says Firm That Reported It
The reentrancy bug was discovered by Asymmetric Research, a core contributor to the Wormhole interoperability protocol.
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Galaxy, Lightspeed Lead $15M Raise for Turnkey, Crypto Wallet Startup From Former Coinbase Employees
The company from ex-Coinbase employees aims to help developers build better blockchain wallets.
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First Mover Americas: Venezuela Looks to Tether for Oil Sales as Sanctions Return
The latest price moves in crypto markets in context for April 23, 2024.
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Akash Network’s Token Surges 50% on Upbit Listing
The decentralized cloud computing company also announced its ‘Akash summit’ on Monday, which will take place before Consensus.
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Bitcoin’s 200-Day Average Is Approaching a Record High; Here’s Why It Matters
The 200-day simple moving average is one of the most widely tracked indicators of bitcoin’s long-term trend.