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Terraform Labs Seeks Citadel Securities' Trading Data amid SEC Lawsuit

Terraform Labs Seeks Citadel Securities' Trading Data amid SEC Lawsuit

Terraform Labs has filed a motion against Citadel Securities seeking critical trading data for its defense in a lawsuit by the SEC. The case revolves around market destabilization allegations during the May 2022 Depeg event of TerraUSD stablecoin. The motion urges disclosure of trading strategies between March and May 2022, amidst indications of Citadel Securities' alleged intentions to short UST. Terraform Labs stresses the documents' importance in countering the SEC's fraud allegations, proposing a transfer to another court for a decision if necessary.

Hedge Fund Billionaire Ken Griffins Manages to Outbid for Copy of US Constitution

Hedge Fund Billionaire Ken Griffins Manages to Outbid for Copy of US Constitution

Hedge Fund billionaire Ken Griffins outbid a coalition of crypto investors to buy a rare, first-edition copy of the US constitution at a Sotheby’s auction.

Regulatory Uncertainty Keeps the Securities Company Out of Cryptocurrency: Citadel's CEO

Regulatory Uncertainty Keeps the Securities Company Out of Cryptocurrency: Citadel's CEO

Citadel’s chief has clarified that regulatory uncertainty around cryptocurrency keeps the securities firm away from investing in crypto assets.

Ripple Official Says Blockchain and Digital Assets like XRP Will Transform The Finance Industry

Ripple Official Says Blockchain and Digital Assets like XRP Will Transform The Finance Industry

Ripple's Ken Weber explains how financial inclusion can be achieved with blockchain and digital assets like XRP.

Current Crypto Sector in Dire Need of Professional Education, Asserts Ripple Executive

Current Crypto Sector in Dire Need of Professional Education, Asserts Ripple Executive

Ken Weber, the social impact head at ripple, has noted that the current crypto sector needs professional education and his gap can be bridged by universities if they are more specific on the blockchain or crypto courses they offer.

Tether Deny Bitcoin Bull Run Manipulation

Tether Deny Bitcoin Bull Run Manipulation

Reporting on allegations made against Tether’s parent company Ifinex, Tether has released follow up comments to deny any wrongdoing in the market.

Reddit $MOON Tokens Can Now Be Sold For Fiat

Reddit $MOON Tokens Can Now Be Sold For Fiat

This weekend, a Reddit user posted instructions on how to withdraw $MOON tokens and turn them into cash.

Demand for Blockchain Courses Available at 56% of the Top 50 Universities

Demand for Blockchain Courses Available at 56% of the Top 50 Universities

Cryptocurrency trading platform Coinbase brought to light new research highlighting 56% of the top 50 universities now offering one or more classes on cryptocurrency and blockchain technology.

Legitimacy of SEC Clampdown on XRP Cryptocurrency Questioned by TechCrunch, but will Tether be Next?

Legitimacy of SEC Clampdown on XRP Cryptocurrency Questioned by TechCrunch, but will Tether be Next?

The founder of TechCrunch Michael Arrington discussed the Securities and Exchange Commission’s lawsuit against Ripple Labs over XRP.

US Court to Determine Which Law Firm Should Lead Classic Action Against Tether

US Court to Determine Which Law Firm Should Lead Classic Action Against Tether

Tether (USDT) stablecoin issuer, IFinex and its subsidiary, Bitfinex exchange are facing charges of allegedly manipulating the price of Bitcoin in 2017. Although the company, on the other hand, is vehemently in denial of the charges levelled against it.

IRS Refuses Watchdog Request to Clarify 2019 Crypto Tax Guidelines

IRS Refuses Watchdog Request to Clarify 2019 Crypto Tax Guidelines

The Internal Revenue Service will not clarify how taxes work with cryptocurrencies and digital asset transactions in the US according to a US congress watchdog’s report released on Wednesday.

3 Reasons Behind Bitcoin and the Crypto Market's Sudden Crash

3 Reasons Behind Bitcoin and the Crypto Market's Sudden Crash

Bitcoin whales have been shorting the cryptocurrency market.

KPMG Launches Blockchain-Integrated Supply Chain Platform in Australia, China & Japan

KPMG Launches Blockchain-Integrated Supply Chain Platform in Australia, China & Japan

Big Four audit firm, KPMG has announced that it has rolled out a blockchain-enabled track and trace platform dubbed KPMG Origins in Australia, China, and Japan. The platform leverages on emerging technological innovations, such as blockchain and internet of things sensors (IoT), as well as analytics and data tools.

Enigma Settles With US SEC Over Unregistered 2017 ICO

Enigma Settles With US SEC Over Unregistered 2017 ICO

The US Securities and Exchange Commission (SEC) recently announced it has settled charges against blockchain startup Enigma MPC.

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