Judge axes class action claiming Iris Energy misled investors during IPO
Iris Energy went public in late 2021, raising $232 million from an IPO, but its stock price fell quickly not long after, along with the rest of the crypto market.
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Forget $10K, Bitcoin $12K Breakout Will Catch Everyone Off Guard
Bitcoin (BTC) price yet again surged past $10K for just a few hours before experiencing a short sharp 10% sell-off last week.Each time this happens, crypto Twitter brings out the fanfare rejoicing at the fact that we’ve reached this psychological milestone. It's almost becoming too predictable, and that is exactly why the eventual breakout will…

EU finalizes controversial smart contract kill switch rules under Data Act
The Data Act was first proposed in early 2022 and passed by the European Parliament on March 14. European Union (EU) lawmakers have reached an agreement to move ahead with the controversial European Data Act, which has previously drawn criticism from the crypto community. The deal was confirmed by the EU’s Commissioner for Internal Markets, Thierry…

Elusive Bitcoin ETF: Hester Perice criticizes lack of legal clarity for crypto
The crypto sector may be maturing, but regulatory clarity around the treatment of digital assets continues to remain cumbersome. This was recently highlighted by Commissioner Hester Peirce — also known as the United States Securities and Exchange Commission’s (SEC) “crypto mom” — in remarks she made at “The Regulatory Transparency Project Conference on Regulating the New…

Default auditing for DeFi projects is a must for growing the industry
The radical opportunity presented by decentralized finance has garnered significant attention from investors and speculators alike. The total value locked in DeFi protocols grew over 2,500% in 2020, from around $700 million in January 2020 to over $20 billion in December 2020. TVL is a more useful metric than market capitalization when it comes to…

NFT collections brought to life at SXSW: Doodles and FLUF World
Cointelegraph journalists at South by Southwest, or SXSW, in Austin, Texas reported that NFTs were everywhere this year, marking a new phenomenon for what began as a music festival in 1987. Since evolving into a film, tech and general culture gathering, and after a two-year hiatus, SXSW added blockchain programming to the mix with crypto-related panels, blockchain company…

CEO of IOVLabs Talks Financial Inclusion and Holding Governments Accountable
Diego Gutierrez Zaldivar is the CEO of IOVLabs and co-founder of the NGO Bitcoin Argentina. During Labitconf 2019, he gave a presentation entitled "How Bitcoin, RSK and RIF are shaping the internet of the future." Cointelegraph spoke with him in Uruguay to learn more about the platforms that aspire to make the mass adoption of…

DigiFT launches Invesco private credit token on Arbitrum
The tokenized fund, iSNR, tracks the performance of a private credit strategy managed by asset manager Invesco. Digital asset exchange DigiFT has launched Invesco’s tokenized private credit strategy on Arbitrum, further expanding the use cases of real-world assets (RWA) and giving institutional investors access to onchain credit markets. According to a March 13 announcement, Invesco’s

US DOJ reportedly investigating FTX CEO for siphoning funds out of the US
The anonymous informant revealed that DOJ officials met with FTX’s court-appointed overseers to discuss the scope of the information they need for further investigation. 918 Total views 21 Total shares Own this piece of crypto history Collect this article as NFTWhile many crypto fraudsters were able to slip through the cracks in the past, the…