Terraform Labs Announces it is Ceasing its Operations
Terraform Labs, under the leadership of CEO Chris Amani, has announced its decision to shut down following a $4.47 billion settlement with the United States Securities and Exchange Commission.
SEC Will Likely Approve Spot Ether ETF S-1 Registration Statements This Summer, Gensler Says
During a hearing with the Senate Banking Committee, US Securities and Exchange Commission Chair Gary Gensler proposed that the regulator could give final approvals for listing and trading shares of spot Ether exchange-traded funds (ETFs) within three months.
Swiss Regulator Closes a Crypto Bank
The Swiss Financial Market Supervisory Authority (FINMA) has placed FlowBank, an online Swiss bank that previously provided customers with access to cryptocurrency, into bankruptcy due to concerns regarding its financial stability.
Crypto Just Got Hungrier: DevourGO Now Accepts Payments via Coinbase Commerce
Phoenix, United States, 13th June 2024, Chainwire
MetaMask Launches Pooled Staking for Ethereum
MetaMask has introduced a new staking service that allows users to combine their funds and stake their assets with high-quality validators operated by blockchain software company Consensys.
Aethir Rolls Out a Decentralized Cloud Network on Ethereum’s Blockchain
Aethir, a provider of decentralized physical infrastructure network (DePIN), has recently rolled out its decentralized cloud compute network on the Ethereum mainnet.
Terraform Labs Will Pay $4.5B to SEC to Settle Civil Case
Terraform Labs and former CEO Do Kwon have reached a settlement with the US Securities and Exchange Commission (SEC) resulting in a combined $4.5 billion in disgorgement and penalties.
