Terraform Labs plans to sell key projects within the Terra ecosystem and give the community control of the Terra blockchain.
Category: Regulation News
Crypto trading firm Cumberland secures New York BitLicense
The New York State Department of Financial Services lists 33 companies holding licenses, allowing them to offer crypto-related products and services.
Crypto chief bids SEC farewell after 9 years of service
David Hirsch has worked as an enforcement attorney for the SEC since 2015 and started his post as the chief of the crypto asset division […]
Malaysia cracks down on crypto tax evaders with Ops Token
IRB official Datuk Abu Tariq Jamaluddin warns crypto traders to declare taxes or face compliance actions.
Former Binance CEO 'CZ' owns 64% of BNB circulating supply — Report
Forbes estimates Zhao’s net worth at a staggering $61 billion—ranking the former CEO as the world’s 24th richest person.
SEC shoots down Ripple’s argument for a lower penalty
The SEC argued Ripple’s proposed lower civil penalty wouldn’t be enough, and there’s no comparison to its settlement with Terraform Labs.
Crypto hack losses hit $19B, Terraform Labs shuts down: Finance Redefined
Nearly $19 billion worth of digital assets have been lost to exploits in the past 13 years, with $2.9 billion stolen in the largest single […]
Europe’s crypto industry can ‘sleep better at night’ with new parliament
The European elections have formed a new EU Parliament that will rule for the next five years.
Bitcoin whale watching is 'useless' for information — Traders
Bitcoin whale watching is “good for social media” but not for valuable analysis, according to traders.
Nigerian officials drop some charges against detained Binance exec
The next court dates in Tigran Gambaryan’s case are scheduled for June 19–20, according to a family spokesperson.