The ensuing fallout from the Terra ecosystem collapse eventually caused Terraform Labs to shut down following a settlement with the SEC.
The Latest news
Stay up to date with the latest news. Read the latest blockchain news regarding regulations, AML, hacks, scams and general tips.
US Bitcoin ATM operator reports data breach of 58K customers
Byte Federal, the operator of 1,300 Bitcoin ATMs in the US, has urged its customers to reset login credentials following a massive data breach.
Bitcoin ETF ads spotted on China’s Alipay payment app
Some of Alipay’s mainland Chinese users saw ads inviting them to invest up to $137 daily in a fund with indirect exposure to a US spot Bitcoin ETF and Coinbase.
Australia proposes stricter crypto rules to curb financial crime
Australia proposes tighter AML/CTF rules targeting crypto exchanges, legal services and real estate to combat financial crime.
2025 'demand shocks’ will spike Bitcoin’s price — Sygnum
Meanwhile, altcoins may flounder unless the United States passes rules favoring crypto adoption, the asset manager said.
El Salvador to extend crypto agreements beyond Argentina
El Salvador partners with Argentina to strengthen the digital assets industry, and has talks underway with over 25 nations for similar partnerships.
Australia fines Kraken operator $5M for regulatory breaches
Kraken Australia operator Bit Trade must pay $5 million plus court costs after the Federal Court sided with the country’s corporate watchdog.
SEC Commissioner Caroline Crenshaw committee vote postponed: Report
SEC Commissioner Caroline Crenshaw’s renomination vote was postponed, leaving her role at the agency up in the air.
Sherrod Brown’s final committee message includes a crypto warning
In likely his last committee hearing before leaving office in January, the Ohio senator suggested a looser approach to digital assets could only benefit the “corporate elite.”
FTX debtors recover $14M in political donations
A bankruptcy court filing showed FTX’s debtors reached settlements with political action committees and state-level Democratic parties over political contributions.