SEC Accuses Terraform Labs in Major Crypto Fraud Trial

by Александр Пирогов | Mar 26, 2024 | Blog News

In a trial at the US District Court for the Southern District of New York, the US Securities and Exchange Commission (SEC) has portrayed Terraform Labs and its co-founder, Do Kwon, as central figures in a massive financial deception that left investors in dire straits...

Legal Challenge Against SEC’s Airdrop Regulation

by Александр Пирогов | Mar 26, 2024 | Blog News

The DeFi Education Fund and Beba LLC have jointly initiated legal proceedings against the US SEC to clarify the status of airdrops as non-securities offerings. They argue that the SEC’s regulatory actions pose an existential threat to the crypto industry and are...

Rise of DePINs Revolutionizes Web3 Infrastructure in India

by Александр Пирогов | Mar 22, 2024 | Blog News

The emergence of Decentralized Physical Infrastructure Networks (DePINs) marks a significant development for Web3, operating as blockchain-based marketplaces that bring together hardware service providers from various industries. One notable player in this space is...

Judge Ruth Bermudez Issued Decision in Silvergate Case

by Александр Пирогов | Mar 22, 2024 | Blog News

In a recent development, Silvergate Bank faces a class action lawsuit brought forth by FTX users, who accuse the bank of aiding and abetting fraud in the stock market, particularly through its association with Alameda Research, an affiliated trading company. On March...

Estonia Revamps Crypto Regulation Framework, Setting New Oversight Standards

by Александр Пирогов | Mar 22, 2024 | Blog News

Estonia has introduced a comprehensive overhaul of its crypto regulation framework, signaling a significant departure from its previous approach and establishing stricter oversight measures for digital asset businesses. Starting from 2026, crypto firms will fall under...

United Nations General Assembly Endorses Resolution on Artificial Intelligence

by Александр Пирогов | Mar 22, 2024 | Blog News

The United Nations General Assembly has endorsed a resolution concerning artificial intelligence (AI), marking a global effort to shape the development of this transformative technology. Initiated by the United States and supported by 123 countries, including China,...