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The Open Network (TON) Revives Telegram's Blockchain Dream: Paving the Way for Seamless Crypto Adoption

The Open Network (TON) Revives Telegram’s Blockchain Dream: Paving the Way for Seamless Crypto Adoption

by Theresa Joy Lacatan | Jun 13, 2024 | Blog News, Crypto News

The Open Network (TON) is emerging as a beacon of promise in the blockchain world. Initially built to enhance Telegram, one of the world’s most popular messaging apps, TON has evolved significantly. Despite Telegram stepping back due to regulatory issues, an...
Terraform Labs and Do Kwon to Pay .47 Billion Settlement to SEC: Company Winds Down as Community Takes Over

Terraform Labs and Do Kwon to Pay $4.47 Billion Settlement to SEC: Company Winds Down as Community Takes Over

by Theresa Joy Lacatan | Jun 13, 2024 | Blog News, Crypto News

On June 12, 2024, Terraform Labs, the firm behind the defunct LUNA and TerraUSD, along with co-founder Do Kwon, reached a monumental settlement agreement with the U.S. Securities and Exchange Commission (SEC). This settlement, a culmination of a civil fraud lawsuit,...
Trump Pledges Support for Bitcoin, Promises to Safeguard Crypto Industry

Trump Pledges Support for Bitcoin, Promises to Safeguard Crypto Industry

by Theresa Joy Lacatan | Jun 12, 2024 | Blog News, Crypto News

In a recent event, CleanSpark Inc.’s Executive Chairman Matthew Schultz shared insights on Donald Trump’s evolving stance on cryptocurrency. Trump, joined by Riot Platforms CEO Jason Les and head of public policy Brian Morgenstern, voiced strong support...
Digital Economic Council of Australia: A Transformative Leap Beyond Blockchain

Digital Economic Council of Australia: A Transformative Leap Beyond Blockchain

by Theresa Joy Lacatan | Jun 12, 2024 | Blog News, Crypto News

The leading industry association formerly known as Blockchain Australia has rebranded as the Digital Economic Council of Australia (DECA). This strategic move signals a “transformative leap” towards a more inclusive vision of digital economic activities,...
South Korean Bank Employee Admits to Embezzling .3 Million for Crypto Investments

South Korean Bank Employee Admits to Embezzling $7.3 Million for Crypto Investments

by Theresa Joy Lacatan | Jun 12, 2024 | Blog News, Crypto News

An employee at South Korea’s Woori Bank has confessed to embezzling $7.3 million from company funds to invest in cryptocurrency. The unnamed employee, aged in their thirties, voluntarily visited the West Gimhae Police Station on June 10 to admit to the crime,...
SEC Considers ProShares' Spot Ether ETF Application

SEC Considers ProShares’ Spot Ether ETF Application

by Theresa Joy Lacatan | Jun 11, 2024 | Blog News, Crypto News

The United States Securities and Exchange Commission (SEC) has added a spot Ether (ETH) exchange-traded fund (ETF) application from asset manager ProShares. This move comes roughly three weeks after the commission approved similar applications from eight other...
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