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SEC pushes back against Terraform’s claims fraud happened outside US

Lawyers for the commission cited several examples of Do Kwon touting UST to U.S. investors and Terraform’s former communications head making false claims about the stablecoin.

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Tether to buy Bitcoin based on monthly net profits

Tether said that Bitcoin’s decentralized nature and its long-term store of value made it an obvious choice for the stablecoin issuer. 558 Total views 2 Total shares Tether, the company behind the largest stablecoin Tether (USDT), is following in the footsteps of MicroStrategy to manage its reserves. The stablecoin issuer plans to strengthen its reserves with…
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Following a major technical outage, popular stock and cryptocurrency trading app Robinhood is purportedly operational again.The popular platform for trading stocks and cryptocurrencies like Bitcoin (BTC) experienced a major technical outage, causing a loss of access to user accounts.On Monday, March 2, Robinhood encountered a day-long technical problem with users purportedly being unable to complete…
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SEC Chairman Flags Crypto as Continued Regulatory Focus in Latest Speech

The head of United States regulator the Securities and Exchange Commission (SEC) reiterated its focus on the cryptocurrency space in a new speech on April 8.Speaking at the SEC Speaks conference in Washington, chairman Jay Clayton highlighted the digital currency space while giving a broad overview of the organization’s activities and roles.Clayton chose to touch…
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Wikimedia community supports proposal to stop foundation from accepting crypto donations

The arguments in favor included environmental concerns surrounding Bitcoin transactions and “the risk to the movement’s reputation for accepting cryptocurrencies." 66 Total views 1 Total shares Requests for comments on a proposal urging the Wikimedia Foundation to stop accepting donations in cryptocurrency have closed, with the majority of users voting in favor.According to a Tuesday…
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