Investors drop class-action lawsuit against Terraform Labs and Do Kwon
A group of investors behind a class-action lawsuit against Terraform Labs and its co-founder Do Kwon over fraud allegations have dropped the case. In a Sept....
Volatility Shares cancels ETH-ETF futures launch, ‘didn’t see the opportunity at this point in time’
Volatility Shares, a financial firm offering a range of exchange-traded fund (ETF) products, has cancelled its plans to launch an Ethereum futures ETF on Oct....
One-third of all CFTC crypto enforcement actions took place this year — Chairman Behnam
United States Commodity Futures Trading Commission (CFTC) Chairman Rostin Behnam highlighted his agency’s activity in the cryptosphere and the need for up-to-date legislation at the...
Book describes Sam Bankman-Fried with little attention span or respect for appointments
Michael Lewis, author of The Big Short, has painted an interesting picture of Sam “SBF’ Bankman-Fried in his soon-to-be-released book on the former FTX CEO. In an...
Bitfarms reports a 7.3% increase in its monthly mining output
Bitfarms produced 411 bitcoins last month and sold 362. The Canadian miner is still lagging behind last year’s figures. Bitfarms stock is currently down 40%...
Parliamentary committee calls for shutdown of Worldcoin in Kenya
A parliamentary committee in Kenya’s government tasked with investigating Worldcoin has recommended that regulators shut down the project’s operations in the country.According to a report...
Grayscale files to convert its Ethereum Trust into a spot Ethereum ETF
Grayscale is seeking for SEC’s approval to convert its Ethereum Trust to an Ethereum ETF. Grayscale’s Ethereum Trust manages nearly $5 billion in Ethereum assets....
Grayscale submits SEC filing to convert Ethereum Trust to spot ETF
Following the approval of the first Ether (ETH) futures exchange-traded fund (ETF), Grayscale Investments is looking to convert its Grayscale Ethereum Trust to a spot...
IMF working paper proposes country-level assessment matrix for crypto risks
A working paper published by the International Monetary Fund (IMF) proposed a count vulnerabilities and potential policy responses for the crypto sector. On Sept. 29, the...
Sam Bankman-Fried FTX trial — 5 things you need to know
Sam Bankman-Fried will soon have his first day in court as he faces a litany of charges less than a year after the calamitous collapse...