The SEC charged Terraform Labs and its co-founder Do Kwon with allegedly “orchestrating a multi-billion dollar crypto asset securities fraud” in February. A federal judge overseeing the civil case between the United States Securities and Exchange Commission (SEC) and Terraform Labs has signed off on a protective order keeping material confidential ahead of trial. In...Continue Reading

Web3 Gamer: The red flags that indicate a fake blockchain game will rip you off, Axie Infinity evolves to Mementos, Wall Street Games review. According to the Blockchain Gaming Alliance (BGA), a majority of people still think the Web3 gaming industry is rife with scams and con merchants. In its 2023 State of the Industry...Continue Reading

Ethan Sun, CEO of MyShell, is bullish on the growing artificial intelligence creator economy and believes it will be a major driver of Web3 and AI collaborations in the future. As 2024 draws near, Hashing It Out focuses on narratives tipped to be at the heart of the cryptocurrency conversation in the new year. In...Continue Reading

A BTC price correction is “less likely” going into the ETF decision, but such an event would be healthy for Bitcoin overall, analysis says. Bitcoin (BTC) circled $44,000 into the Dec. 21 Wall Street open as analysis said that a BTC price correction was “necessary.” Data from Cointelegraph Markets Pro and TradingView confirmed Bitcoin trading...Continue Reading

UAE’s Financial Services Regulatory Authority has updated its AML and sanctions rules with new elements related to digital assets. The Financial Services Regulatory Authority (FSRA), a financial watchdog in the United Arab Emirates, has updated its Anti-Money Laundering and sanctions rules with new elements related to digital assets. The FSRA on Dec. 21 officially announced...Continue Reading

According to the survey, over 50% of federal agencies currently use blockchain analytics tools, but only 11% of state agencies do. In a survey titled Tackling Crypto Crime, conducted by TRM Labs with over 300 U.S. and international law enforcement professionals, 90% of respondents believe their organizations offer crypto training, but 99% call for this...Continue Reading

Out of 35 countries analyzed by PwC, only six jurisdictions had stablecoin regulations in place in 2023, including Switzerland and Japan. The industry of stablecoins — or cryptocurrencies like Tether (USDT) and USDC (USDC) — has seen impressive growth over the past year, with the market value hitting new all-time highs in 2023. Despite this...Continue Reading

Amid its ongoing streak of expansions and collaborations, Worldcoin has reportedly rolled back one of its core functions in three markets. Worldcoin has shut off its offline orb verification function for users in three markets: India, Brazil, and France, a report by Moneycontrol on Dec. 21 says.  A five-pound chromatic helmet that scans individuals’ eyeballs to verify...Continue Reading

A Reddit user claims to have received a reply from Google’s Trust and Safety Team saying that the advertisement does not violate its policies. Reddit users have spotted a deepfake video of Ripple CEO Brad Garlinghouse asking XRP (XRP) holders to send their coins to a certain address, promising to send back double the amount,...Continue Reading

A court in the British Virgin Islands has issued a global freezing order of assets to 3AC co-founders Su Zhu and Kyle Davies. The bankruptcy saga of Singapore-based cryptocurrency hedge fund Three Arrows Capital (3AC) continues to unfold, with a court freezing more than a billion dollars of the founders’ assets. A court in the...Continue Reading