A court filing by the SEC has shown the contents of leaked chats between Do Kwon, founder of the Terra blockchain which collapsed in 2022, and co-founder Daniel Shin, the CEO of the Chai payment app. Chat History Between The Two Co-founders On September 22, 2023, a court filing revealed the chat history between Do […]

The future XRP price is one topic that has been keenly debated since Judge Analisa Torres’ ruling in favor of Ripple against the US Securities and Exchange Commission (SEC), with many crypto analysts chiming in on the token’s future trajectory.  Some have stated that XRP could go as high as $10,000, while others have taken […]

The legal counsel representing Sam Bankman-Fried (SBF), the former boss of the now-defunct FTX exchange, has raised some questions about the government’s proposed queries during jury selection. The FTX co-founder faces a six-week trial, which will commence with a jury selection process on October 3, 2023. The prosecutors and the defense counsel submitted their questions […]

The surge in online scams has drawn heightened regulatory attention towards the crypto industry. A recent case serves as a vivid reminder of the risks involved, where a Connecticut resident became a victim of a significant scam, losing more than $3 million to individuals falsely purporting to be associated with Kraken, a well-known cryptocurrency exchange. […]

Crypto research firm Paradigm has filed an amicus brief in the ongoing court case between the US Securities and Exchange Commission (SEC) and Binance, its US affiliate – Binance.US – and the exchange’s global CEO Changpeng “CZ” Chao. Back in June, the US top securities watchdog launched a lawsuit against the defendants, accusing them of […]

On Friday, officials in Hong Kong and Macao said that they had arrested four more people with ties to the cryptocurrency exchange JPEX, which is accused of bilking over 2,400 users out of about $200 million. The overall number of detentions has now reached 18 after these arrests, which the authorities have described as involving […]

GMX, a decentralized exchange, awarded Collider Research a $1 million bug bounty in 2022. This payout was in recognition of their discovery of a critical bug in GMX’s smart contracts that directly affected how the protocol tracks outstanding debt. The Bug Affecting GMX And GLP GMX has not provided more information on how the bug was […]

This week has seen the COMP price put on one of the most impressive rallies amid the bear market. The price recovery has seen the digital asset gain more than 22% over a 7-day period, cementing its position as a top gainer. But even with such an already significant gain, one analyst believes that the […]

In a significant move targeting the crypto industry, the US Commodity Futures Trading Commission (CFTC) has filed a civil enforcement action against Mosaic Exchange Limited, a Pennsylvania limited liability company, and its owner and Chief Executive Officer, Sean Michael. The complaint alleges that the defendants operated a fraudulent digital asset commodity scheme, deceiving investors and […]