Do Kwon: Charges Are Not Legitimate, I Am Not On The Run

Summary: Terraform Labs CEO Do Kwon spoke about the ongoing debacle on Unchained, a crypto podcast hosted by Laura Shin. Kwon tagged the charges levied against him and his company as “politically motivated” and questioned their legitimacy. The Terra boss also denied being on the run but refused to disclose his current location citing personal security risks. Both Interpol and […]

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UK Law Commission to review international laws on crypto to consider legal reforms

The Law Commission of England and Wales will set about reviewing private international legal challenges involving cryptocurrencies through a government-commissioned project. The review, launched on Oct. 18, will provide clarity on how international law approaches emerging technologies like cryptocurrencies, digital assets and electronic documentation. The law reform project, dubbed ‘Digital Assets: Which Law, Which Court?’, will outline current international legal […]

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'Performing as expected' — Aptos Labs defends day 1 criticism

After four years of development and millions in funding, the layer-1 blockchain Aptos (APT) finally launched its mainnet on Oct. 17, albeit to somewhat mixed reception. The proof-of-stake blockchain has seen millions invested in it from venture capital firms and has previously claimed the ability to process 160,000 transactions per second (TPS). However, some members of the community have pointed […]

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Sam Bankman-Fried in a Tussle With Texas Officials Over Unregistered Securities

Texas officials are looking into whether or not the spend-thrift entrepreneur Sam Bankman-Fried and the cryptocurrency exchange FTX is marketing unregistered securities products. According to the notice of hearing, the business was accused of breaking any laws by providing yield-bearing depository accounts that were classified as securities in Texas. It also states that FTX US is not registered with the […]

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Ethereum Price Analysis: Fresh Increase Above $1,400 Possible

Ethereum price is rising above the $1,300 level against the US Dollar. ETH/USD could rise further if it clears the $1,340 resistance zone. Ethereum Price Analysis This past week, ethereum saw a sharp decline below the $1,300 level against the US Dollar. ETH price even declined below the $1,260 support level and the 55 simple moving average (4-hours). It traded […]

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The crypto industry fights regulators in the courts: Law Decoded, Oct. 10–17

Perhaps one of the most captivating signs of the industry’s maturity is the increasing amount of court cases in which crypto companies fight back against perceived regulatory abuses. Last week saw some major advancements in that direction.  Digital asset manager Grayscale has filed its opening brief against the United States Securities Exchange Commission to challenge its decision denying Grayscale’s application […]

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Jack Dorsey's First-Ever Tweet NFT That Sold For $2.9M Ends Up With A Top Bid Of Just $96

In March 2022, Iranian-born crypto entrepreneur Sina Estiva purchased a Non-Fungible Token (NFT) of Twitter founder Jack Dorsey’s first-ever tweet for a whopping $2.9 million(1630.6ETH). Today the tweet could sell for just under $97. The so-called genesis tweet that reads “just setting up my twttr” was first sold to Estavi by Dorsey in an auction after beating Tron’s founder Justin […]

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Is the Fed Bitcoin's Worst Enemy Right Now?

In late September, the Fed made the decision to hike rates once again. Joe Biden and the democrats in office have contributed greatly to inflation and other problems due to their lackluster and outright failing economic policies, and the Fed has consistently been forced into a position of pushing rates more north as a means of fighting the problems being […]

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