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Terraform Labs received court approval on Thursday to wind down its operations in bankruptcy after agreeing to settle a U.S. Securities and Exchange Commission lawsuit accusing the company of defrauding cryptocurrency investors who lost an estimated $40 billion when the TerraUSD and Luna tokens collapsed in 2022.


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Terraform Labs approved for bankruptcy wind-down after US SEC settlement

The Federal Bureau of Investigation (FBI) has arrested two people suspected of stealing and laundering over $230 million in Bitcoin (CRYPTO: BTC). What Happened: Malone Lam and Jeandiel Serrano were taken into custody on Wednesday night, according to a press release by the U.S. Department of Justice. The duo is accused of attempting to launder thousands of pilfered Bitcoins via mixing services. They were slated to appear in separate federal cour…

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FBI Arrests 2 People Allegedly Behind $230M Bitcoin Heist: Laundered Proceeds Were Spent On Globetrotting, High-End Wheels, And Designer Handbags

Over 250 BTC from the early days of bitcoin, known as the “Satoshi era,” were transferred on Friday in five separate transactions, each moving 50 BTC to new wallets, with a total value close to $13 million. As of press time, there hasn’t been any movement from the new wallets to crypto exchanges. This movement... The post ‘Satoshi Era’ Wallets Move $16M in Bitcoin After 15 Years of Dormancy appeared first on Daily Truth Report • DailyTruthReport…

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'Satoshi Era' Wallets Move $16M in Bitcoin After 15 Years of Dormancy

PayPal's adoption of Solana for its stablecoin highlights the growing importance of blockchain efficiency and advanced token features in digital payments. The post Token extensions are “a big good” reason why PayPal taps Solana for stablecoin, says PayPal crypto chief appeared first on Crypto Briefing.

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Token extensions are "a big good" reason why PayPal taps Solana for stablecoin, says PayPal crypto chief

The massive development of emerging services and technologies — such as AI, streaming, streaming, cloud gaming, cloud gaming, blockchain, smart working, smart cities or even virtual reality — leads us to consider data centers, or data processing centers (EDCs), as infrastructures that are essential to today's society. Also essential [...] The Datacenters article, will the discretion of Municipalities make the difference? appeared first on Crypto…

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Datacenters, will the discretion of Municipalities make the difference? - Cryptocurrency

Speculations about the increase in the price of XRP: The discussions around XRP were triggered by the prediction of a crypto analyst, Crypto Tank, who predicted a potential price target of $100 if XRP could capture 10% of SWIFT's daily trading volume. Market impact: Several [...] The article Ripple (XRP) price could reach $100: Will SWIFT be challenged? appeared first on Cryptocurrency.

Ripple (XRP) price could reach $100: will SWIFT be challenged? - Cryptocurrency

Maryland State Police have warned of a scam targeting Gmail users, using phishing tactics to extort money through unsettling threats. Scammers are sending victims emails with Google Maps photos of their homes and demanding bitcoin payments, falsely claiming they possess incriminating evidence. The police are investigating, urging caution and providing resources for reporting these incidents.... The post Maryland Police Warn Gmail Users of Phishi…

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Maryland Police Warn Gmail Users of Phishing Scam Demanding Bitcoin

The U.S. Securities and Exchange Commission (SEC) has asked the court for an extension of the deadline to complete the fact-disclosure requirements in the lawsuit against Coinbase. The extension aims to delay the deadline by four months, setting the new date after the American elections. The SEC is asking for an extension [...] The article The American regulator asks for a period of 4 months appeared first on Cryptocurrency.

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