Samourai Wallet co-founder pleads not guilty, released on $1M bond
The terms of Keonne Rodriguez’s bail prevent him from engaging in “any cryptocurrency transactions, directly or indirectly,” without prior approval from the court. Go to Source
Month: April 2024
Terraform proposes $1M penalty for SEC case, no relief or disgorgement
Lawyers for Terraform claimed that seeking disgorgement from the platform would involve the Luna Foundation Guard, a “non-party” in the SEC’s civil case. Go to Source
Solana illustrates the dark side of monolithic blockchains
Modular blockchains might lead to a poor user experience, but — unlike Solana — they remain functional even during periods of high demand. Go to Source
BDAG’s X30 Miner Excels as Fantom Grows & Bitcoin Fee Rise
BlockDAG X30 Home Mining Rig: A New Era in Crypto Mining Efficiency Surpassing Fantom and Bitcoin Mining with 30,000x ROI In the competitive realm of cryptocurrency mining, choosing the right equipment is essential for profitability. BlockDAG‘s X30 mining rig is making waves in the industry, setting itself apart from alternatives like Fantom and Bitcoin with … Read more
Eigenlayer releases EIGEN white paper, bans airdrop for US users
The EIGEN token will be used to form consensus around data that is off-chain but easily verifiable, such as whether someone won a bet or adequately stored data. Go to Source
SEC Launched Formal Investigation Into Ethereum’s Security Status Over a Year Ago, New Court Filing Shows
A new court filing claims that the U.S. Securities and Exchange Commission (SEC), led by Chair Gary Gensler, initiated a formal investigation into ethereum’s potential classification as a security more than a year ago. SEC Enforcement Division Director Gurbir Grewal approved a formal investigative order in March last year to scrutinize potential securities transactions involving … Read more
Bankruptcy judge signs off on $450M FTX-Voyager settlement
According to the terms of the deal, FTX will “relinquish any and all rights” to $450 million Voyager Digital has claimed from the crypto exchange. Go to Source
South Korean ministries look to upgrade status of crypto crime unit
The temporary unit is reportedly being transformed into a permanent department as enforcement actions rise dramatically in South Korea. Go to Source
Binance sued in Canada, CZ could serve 36 months in prison: Law Decoded
Cryptocurrency exchange Binance is under legal pressure in Canada and the Philippines, while U.S. prosecutors are demanding 36 months in prison for Changpeng Zhao. Go to Source
7 AI Chatbots Predict Bitcoin’s Price Post-Halving; See $80K-$100K by Year-End
On April 28, 2024, the price of bitcoin was coasting along at $62,900 per unit as of 7:28 p.m. Eastern Time (ET). Since then, the price fell below the $62K mark by Monday morning ET, only to climb back above $62,000 by mid-afternoon. It has been nine days since the last halving event and 109 … Read more