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Business

NFT Marketplace OnePlanet Leaves Terra’s Orbit for Polygon

The marketplace was one of the first projects to flag its intentions to migrate away from Terra’s blockchain ecosystem, the company said OnePlanet ...

By Ryan HeltonSeptember 9, 20220

Regulations

White House Criticizes Proof-of-work Crypto Mining

White House researchers believe global electricity usage of cryptoasset mining has exceeded the annual electricity usage of Argentina and Australia Responsible development of ...

By Jerry RolonSeptember 9, 20220

Regulations

Gensler On Board With CFTC Taking Over Bitcoin Oversight

In August, senators proposed legislation that would have the CFTC oversee cryptoassets deemed commodities, such as bitcoin and ether The SEC has previously ...

By Jerry RolonSeptember 9, 20220

Regulations

Coinbase Backs Lawsuit Against US Treasury

The Treasury sanctioned cryptocurrency mixer Tornado Cash for facilitating money laundering of more than $7 billion worth of digital currencies Six plaintiffs have ...

By Jerry RolonSeptember 9, 20220

Regulations

40 State Regulators are Opening Celsius’ Books in Search of Fraud

Vermont joins 40 other state regulators in their pursuit of Celsius’ true financials Celsius’ liabilities may have exceeded its assets as far back ...

By Jerry RolonSeptember 9, 20220

Regulations

One Year In, El Salvador’s Bitcoin Bonds Could Be Right Around the Corner

El Salvador became the first country in the world to establish bitcoin as legal tender one year ago Officials have not broken ground ...

By Jerry RolonSeptember 9, 20220

Blockchain

Bogus Trading Bot Operator Guilty of $100M Fraud

Chief Trader pleaded guilty to one count of conspiracy to commit securities fraud Founders Emerson Pires and Glavio Goncalves have allegedly fled to ...

By Matthew VelterSeptember 9, 20220

Blockchain

Whampoa To Wield $100M for Web3: Report

The investment arm is expected to begin pouring $100 million into Web3 startups by next quarter A further $50 million will be raised ...

By Matthew VelterSeptember 9, 20220

Blockchain

Voyager To Liquidate Assets at Auction

Voyager last said it was in active discussions with 22 interested parties, but didn’t name them FTX/Alameda, Binance and Coinbase have reportedly shown ...

By Matthew VelterSeptember 9, 20220

Blockchain

Coinbase Looking To Acquire $1.6B of MakerDAO’s USDC

Coinbase earns interest from USDC, which makes up 35% of Maker’s collateral Maker would earn up to $24 million in revenue from the ...

By Matthew VelterSeptember 9, 20220

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