Author: Rachel Lourdesamy

Terraform Labs co-founder Do Kwon may change his plea in the ongoing US fraud case related to the 2022 collapse of the TerraUSD stablecoin, according to a federal judge’s recent order. Judge Paul Engelmayer of the Southern District of New York (SDNY) scheduled a hearing for Tuesday in New York…

The Trump family-backed World Liberty Financial (WLFI) is working on a plan to create a publicly traded vehicle to hold WLFI tokens, aiming to raise approximately US$1.5 billion (AU$2.30 billion). Bloomberg reports that discussions with prominent crypto and technology investors are underway, with the structure of the arrangement yet to be finalised…

Ripple Labs and the US Securities and Exchange Commission (SEC) have formally ended their long-running legal dispute, with both parties jointly agreeing to dismiss their respective appeals in the US Court of Appeals for the Second Circuit. This final step concludes a legal battle that began in 2020 when the SEC alleged Ripple’s sale of

Australian Bitcoin miner IREN Limited has outperformed its main rival, MARA Holdings, becoming the industry leader in hashrate efficiency and production for July. IREN mined 728 BTC for the month, outproducing MARA’s 703 BTC despite operating with a smaller average hashrate of 45.4 EH/s versus MARA’s 58.9 EH/s…

The US Securities and Exchange Commission’s (SEC) new stance on liquid staking has triggered internal dissent, with Commissioner Caroline Crenshaw strongly opposing the agency’s latest staff guidance. Issued by the Division of Corporation Finance, the guidance states that certain forms of liquid staking do not constitute securities transactions…