The SEC requested that Kwon and Terraform Labs pay roughly $4.7 billion in disgorgement and prejudgment interest.
Changpeng Zhao resigned as Binance CEO and pleaded guilty to the felony charge as part of a settlement with U.S. authorities.
Coinbase protocol specialist Viktor Bunin stated in an X post that the cryptocurrency exchange began considering Lightning in August.
Stripe co-founder and president John Collison earlier stated, “Crypto is finally making sense as a means of exchange."
MicroStrategy (MSTR) stock fell 3.3% in after-hours trading after the announcement, according to Google Finance.
Terraform Labs argued that a $1 million civil penalty would be “far more appropriate” than the SEC’s multibillion-dollar proposal.
Child pornography images were discovered on the Mango Markets exploiter Avraham Eisenberg's laptops and cell phones.
The surge in spot Bitcoin ETF applications in Australia follows similar approvals in the United States and Hong Kong.
The reward for solving block 841,286 was recently halved from 6.25 BTC to 3.125 BTC during the Bitcoin halving at block 840,000 on April 20.
Acinq’s Phoenix Wallet and zkSNACKs’ Wasabi Wallet are discontinuing services for United States customers.
Solana co-founder Raj Gokal acknowledged that memes might be scaring away serious builders but took a shot at Vitalik Buterin as well.
Binance Labs took the lead by participating in 21 projects with 190 investment portfolios, achieving an 11.05% hit rate for Launchpool.
Crypto lawyer John Deaton submitted an amicus brief on behalf of 4,701 Coinbase customers, pro bono, to represent their interests.
DTCC will not allocate any collateral to ETFs with Bitcoin as underlying assets during its annual line-of-credit facility renewal.
Yuga Labs CEO Greg Solano highlighted the success of creator royalties in the Yuga ecosystem, but acknowledged the current challenges.
Stripe has been the payment processor for X (formerly Twitter) and in 2018, announced support for Bitcoin (BTC) as well.
Pantera Capital’s early-stage token fund has lost more than half of its value in 2022 after giving a 350% return on investment.
The lawsuit, filed by the SEC on April 24, accuses Geosyn and two of the firm's executives of defrauding approximately 64 investors.
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