South Korean watchdog reportedly fines Terraform Labs $78M for tax evasion
According to South Korean corporate tax laws, foreign-registered companies are treated as domestic if the decision-making process and operations are...
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Nifty News: BAYC floor price drops 50%, Lonely Apes doesn’t attract women, and more
The floor price of the Bored Ape Yacht Club has fallen 50% from the beginning of this month as prices...
The Dept. of Commerce has 17 questions to help develop a crypto framework
The DoC’s series of 17 questions is set to be published on May 19 and asks for comments from the...
Coinbase launches new crypto think tank to help shape policies
Coinbase’s new “crypto native think tank” features an advisory board of finance and law academics from top United States universities...
$3B flows to Metaverse and Web3 gaming this month as A16z’s tips in $600M
“GAMES FUND ONE” will invest in game studios, consumer apps and game infrastructure providers with a16z saying the industry has...
‘Huge testing milestone’ for Ethereum: Ropsten testnet Merge set for June 8
“Merging Ropsten is a huge testing milestone towards Ethereum's mainnet merge later this year,” said Preston Van Loon, an Ethereum...
Crypto jobs market holding up despite tech industry cutbacks
Crypto-specialist recruiters say they have not witnessed a downturn in crypto-related job opportunities, despite a myriad of staff lay-offs in...
Novogratz says LUNA tattoo is a constant reminder investing ‘requires humility’
“Not going away” — Mike Novogratz says that despite being permanently humbled by the recent Terra collapse, the crypto industry...
‘Grim Reapers’ financial crimes unit revived to investigate Terra collapse
After over two years, the feared investigative and prosecutorial team has been reformed by the new President to look into...
Russia will inevitably legalize crypto payments says trade minister
“The question is when this will happen, how it will happen and how it will be regulated. Now both the...
SEC chair uses crypto enforcement in justification for FY2023 budget
"We’re not trying to grow really significantly, but resources to grow at least six percent to grow our enforcement arm...
Candidate supported by Bankman-Fried-linked PAC loses Oregon primary
Record spending in a Democratic House primary could not give a political newcomer the boost he needed to overcome a...
Was Terra’s UST cataclysm the canary in the algorithmic stablecoin coal mine?
After an earthquake, there are always aftershocks. The collapse of UST could be a sign that other stablecoins are also...
Why decentralized messaging apps will replace today’s social media platforms
Centralized communication platforms prove to be an easily identifiable weakness in activist movements. The Russian government has cracked down on...
Luna and Terra Collapse Concludes as Other Stablecoins Stand Strong
The collapse of the failed stablecoin TerraUSD appears to be coming to an end as its own price and the...
