Singapore, where Terra co-founder Do Kwon is currently staying, does not have an extradition treaty with South Korea. According to local news outlet gynews.kr, the Seoul Southern District Prosecutors’ Office’s Joint Financial Securities Crime Investigation Team says it will be contacting the country’s Ministry of Foreign Affairs to nullify the passports of Terra Luna co-founder...Continue Reading

The CFTC chair said that the Ethereum blockchain’s transition to proof-of-stake, despite reducing energy usage by more than 99%, may not go far enough in resolving the problem. Rostin Behnam, chair of the United States Commodity Futures Trading Commission, or CFTC, said the Ethereum blockchain’s transition to proof-of-stake may help reduce crypto’s energy usage, but...Continue Reading

Now that the historic Ethereum (ETH) merge is finally complete and everything went off smoothly, what’s next for the network? Join us as we discuss this and more with Tim Warren, co-host of Coffee N Crypto, and Dr. Julian Hosp. In this week’s episode of Market Talks, we welcome Dr. Julian Hosp, CEO and Co-Founder of...Continue Reading

Bybit officially announced that it launched ETHW trading against the USDT stablecoin, planning to soon open ETHW deposits and withdrawals. Major cryptocurrency exchanges, FTX and Bybit, are among the first crypto trading platforms to launch spot trading for Ethereum proof-of-work (PoW) tokens. While the Ethereum blockchain has not forked into two separate networks just yet,...Continue Reading

CCI CEO Sheila Warren said that there was “a very tight window” to pass the crypto bill given the possible change in leadership following the 2022 Midterm Elections. Sheila Warren, CEO of the Crypto Council for Innovation, said the Digital Commodities Consumer Protection Act currently being considered by U.S. lawmakers was a “pivotal step” towards...Continue Reading

Uncertain BTC price action continues as Ethereum trends downward despite the successful Merge. Bitcoin (BTC) spent a second day threatening $20,000 support on Sep. 15 as markets processed the Ethereum (ETH) Merge. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView BTC stuck between price magnets’ Data from Cointelegraph Markets Pro and TradingView showed BTC/USD spiking below...Continue Reading

“Frankly, it’s about time that the SEC and U.S. attorney’s offices focused on real crimes and fraud.” This is the second part of my column about the crackdown on insider trading involving crypto. In the first part, I discussed the criminal indictment of Nathaniel Chastain, a former product manager at the OpenSea NFT marketplace. I...Continue Reading

Together, ETHW mining pools already make up more mining capacity in terms of block share than Ethermine, which opted to shut down mining operations. Despite Ethereum’s historic transition to a proof-of-stake (PoS) consensus mechanism, mining pools are increasingly signing up for mining on the upcoming proof-of-work (PoW) version of Ethereum. EthereumPoW, the community advocating for...Continue Reading

Iran has decided to legalize the use of crypto in cross-border payments, which could impact how some countries view crypto. With the Trade Ministry officially approving the use of cryptocurrencies for foreign trade, Iran will become the first-of-a-kind adopter in the world.  The obvious problem with the news is that the country’s innovative policy obviously...Continue Reading

Ethereum traders are betting on a “sell-the-news” event on the day of the Merge as ETH exchange balance jumps. Ethereum successfully completed its long-awaited transition to proof-of-stake via “the Merge” on Sep. 15, while traders have been increasingly shorting Ether (ETH) in anticipation of a sell-the-news event.   Ethereum funding rate plumme Ether’s futures funding rates...Continue Reading