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Brazilian Tax Authority Acknowledges ‘Vertiginous Growth’ of Stablecoin Trading

November 1, 2023 0

The Brazilian Tax Authority (RBF) recently published an article acknowledging the growth in stablecoin trading in the country, which has taken the Brazilian cryptocurrency market by storm. The most transacted stablecoin is Tether’s USDT, which has moved more than 271 billion reals (close to $54

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Blockchain Governance — A Look at the Top 5 DAO Treasuries in 2023

November 1, 2023 0

Over seven years ago, on April 30, 2016, the first decentralized autonomous organization (DAO) emerged, marking a significant shift in the digital world. However, just three months later, a cyberattack brought it down, leading to its unfortunate collapse. Today, the landscape has transformed dramatically, with numerous DAOs thriving, and 179 treasuries surpassing $1

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Judge Urges for SEC Decision on Planned Celsius Restart as Crypto Miner

November 1, 2023 0

America’s securities regulator has been urged to decide if it will approve a plan to transform Celsius Network into a bitcoin mining firm. The proposal seeks to repay customers of the bankrupt cryptocurrency lender with both crypto assets and stock in a new publicly traded mining entity. New York Judge Hopes for Expedited SEC Decision […]

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SEC Chair Gensler Wishes Bitcoin’s White Paper Happy Anniversary With Warning for Crypto Firms

November 1, 2023 0

U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler has wished Bitcoin’s white paper a happy anniversary. In addition to his playful remark about Bitcoin creator Satoshi Nakamoto dressing up in a Halloween costume, Gensler issued a stern warning to crypto firms, emphasizing the importance of complying with securities laws. SEC Chair Gary Gensler’s Message […]

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Terraform Labs and Do Kwon Challenge SEC, Seeking Dismissal of Multi-Billion Dollar Fraud Charges

October 31, 2023 0

In the latest legal maneuver, Terraform Labs and its former CEO Do Hyeong Kwon (Do Kwon) have submitted a comprehensive Motion for Summary Judgment, seeking an immediate dismissal of the fraud charges levied against them by the U.S. Securities and Exchange Commission (SEC). Terraform Labs and Do Kwon Push Back Against SEC Accusations Lawyers for […]

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Bankman-Fried’s Lawyers Challenge Core of Fraud Case, Questioning Fiduciary Ties Under English Law

October 31, 2023 0

Lawyers for Sam Bankman-Fried are seeking to instruct the jury that no trust or fiduciary relationship existed between the crypto exchange and its customers, a key part of the prosecution’s fraud case. Bankman-Fried’s Attorneys Question Trust Ties In an addendum to earlier requests, Sam Bankman-Fried‘s attorneys argue that under English law, which governs FTX’s terms […]

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Benk On Building A Global Financial ‘Super App’

October 31, 2023 0

PRESS RELEASE. Today, it’s exciting to announce the birth of Benk, a pivotal development within the decentralized economy. Benk introduces a secure and user-friendly monetary management system, along with investment prospects in various domains, including startups, stocks, cryptocurrencies, and more. This financial solution is made accessible to a global audience,

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Bankman-Fried’s Memory Fails Him in Court as Prosecution Delves Into Alameda’s Preferential Treatment

October 31, 2023 0

Ex-FTX chief Sam Bankman-Fried returned to the witness stand Monday, fielding a barrage of inquiries from the federal prosecutor. The interrogation spanned the better part of the day, with Bankman-Fried often struggling to recollect particular remarks he had uttered and specific instructions he allegedly issued to his quantitative trading firm, Alameda Research. FTX

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MetaBID: Your Gateway to a New Era of Blockchain Auctions

October 31, 2023 0

PRESS RELEASE. MetaBID, the innovative auction platform set to transform the way people bid and win launches it’s first auctions on the 4th of November 2023. By combining blockchain technology, a secure and transparent environment, and exciting opportunities to win highly prized digital assets at a fraction of their market price, MetaBID is your gateway […]

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Celebrating 15 Years of Bitcoin: Unraveling Satoshi Nakamoto’s Seminal White Paper

October 31, 2023 0

Fifteen years ago, on a memorable Halloween night, Satoshi Nakamoto introduced the world to Bitcoin through a white paper that laid the foundation for decentralized digital currencies. Published on a cryptography mailing list, this seminal document provided a comprehensive solution to the long-standing double-spending problem without the need for a trusted third party. A