The U.S. Securities and Exchange Commission (SEC) has asked the court to order Terraform Labs and Do Kwon to pay around $5.3 billion as part of the final judgment against the two defendants. This sum includes $4,192,147,847 in disgorgement and $545,748…
SEC Seeks $5.3 Billion in Final Judgment Against Do Kwon and Terraform Labs
The U.S. Securities and Exchange Commission (SEC) has asked the court to order Terraform Labs and Do Kwon to pay around $5.3 billion as part of the final judgment against the two defendants. This sum includes $4,192,147,847 in disgorgement and $545,748…
Edward Snowden Defends Crypto Privacy, Criticizes DOJ for Samourai Wallet Arrests
Edward Snowden criticized the U.S. Department of Justice (DOJ) for targeting app developers aimed at restoring financial privacy, responding to the arrest of the founders and CEO of cryptocurrency mixing service Samourai Wallet on charges related to mo…
Meta Faces Tough Market Response as AI Investments Surge and Metaverse Losses Continue
Meta’s shares dropped 15% in after-hours trading following announcements in April of plans for significant investment in AI, alongside a weaker revenue outlook and continued losses in its metaverse division, Reality Labs. The company anticipates …
S&P Global Report: New Legislation Could ‘Boost’ US Stablecoin Landscape
According to a report from S&P Global Ratings, the introduction of the Lummis-Gillibrand Payment Stablecoin Act on April 17, 2024, promises to significantly reshape the U.S. stablecoin market. Authored by Mohamed Damak and Andrew O’Neill, t…
Barr: ‘Republicans Have to Win’ Because VP Harris Is in the ‘Batting Circle’
Former Attorney General Bill Barr said Thursday on Fox Business Network’s “Kudlow” that Republicans had to win the November elections because Vice President Kamala Harris was in the “batting circle with Joe Biden.”
The post Barr: ‘Republicans Hav…
Barr: ‘Republicans Have to Win’ Because VP Harris Is in the ‘Batting Circle’
Former Attorney General Bill Barr said Thursday on Fox Business Network’s “Kudlow” that Republicans had to win the November elections because Vice President Kamala Harris was in the “batting circle with Joe Biden.”
The post Barr: ‘Republicans Hav…
Omar: Johnson Went to Columbia to ‘Stir Up’ ‘More Anger and Hate’ and ‘Endanger’ ‘Lives’
On Wednesday’s broadcast of MSNBC’s “Alex Wagner Tonight,” Rep. Ilhan Omar (D-MN) stated that House Speaker Rep. Mike Johnson’s (R-LA) visit to Columbia was to “stir up really more anger and hate and endanger the liv…
Omar: Johnson Went to Columbia to ‘Stir Up’ ‘More Anger and Hate’ and ‘Endanger’ ‘Lives’
On Wednesday’s broadcast of MSNBC’s “Alex Wagner Tonight,” Rep. Ilhan Omar (D-MN) stated that House Speaker Rep. Mike Johnson’s (R-LA) visit to Columbia was to “stir up really more anger and hate and endanger the liv…
Block Unveils Bitcoin Conversion Feature for Square Merchants
On Wednesday, Block, the financial services firm, disclosed that merchants using Square can convert their daily sales into bitcoin through the Cash App. Block’s founder, Jack Dorsey, revealed this update on X, and as of today, merchants have the…