Terraform Labs Seeks Citadel Securities’ Trading Data amid SEC Lawsuit

Terraform Labs has filed a motion against Citadel Securities seeking critical trading data for its defense in a lawsuit by the SEC. The case revolves around market destabilization allegations during the May 2022 Depeg event of TerraUSD stablecoin. The motion urges disclosure of trading strategies between March and May 2022, amidst indications of Citadel Securities’ […]

STEPN Integrates Apple Music into Web3 App

Apple and STEPN have collaborated to integrate Apple Music into the STEPN app, marking a second milestone following the Apple Pay integration. This move signifies the growing acceptance of Web3 apps and a step towards bridging the Web2 and Web3 divide, enhancing user experience, and signaling future collaborations between traditional and decentralized tech platforms. (Read […]

Report: OKX Ventures Boosts Ecosystem with Investments in Aark Digital, dappOS, and 0xScope

OKX Ventures reveals its September investments in Aark Digital, dappOS, and 0xScope, aimed at bolstering the crypto ecosystem covering Layer2 Derivatives, operating protocol, and knowledge graph protocol. These strategic investments are reflective of OKX Ventures’ continuous endeavor to fuel innovation amidst a rapidly evolving crypto landscape. (Read More) ​ 

Former Voyager Digital CEO Faces Fraud Charges Amid CFTC and FTC Crackdown

The CFTC and FTC have levelled fraud charges against former Voyager Digital CEO Stephen Ehrlich, spotlighting the case as a notable instance of regulatory enforcement within the digital asset sector. The charges underscore the market’s inherent risks and the imperative for robust regulatory compliance to ensure investor protection. (Read More) ​ 

SBI Invests $15 Million into Alpaca, Forges Partnership

Alpaca and SBI Holdings have entered into a strategic partnership, bolstered by a USD15 million investment, to accelerate Alpaca’s business expansion in Asia. This collaboration will extend Alpaca’s services to more enterprise financial institutions in Asia for US securities transactions. The investment, a convertible note, takes Alpaca’s total funding to USD120 million, enabling further growth […]

Ethereum Devs Discuss Dencun Upgrade and EVM Object Format

The ACDE Call #172 saw Ethereum developers discussing the Dencun testing progress and the debated EOF proposal amidst concerns over its complexity and timing. The discussions reflect a cautious approach towards substantial protocol upgrades, ensuring Ethereum’s evolution considers both immediate and long-term implications. (Read More) ​ 

FTX’s $477 Million Heist: A Trail of Blockchain Clues Unearthed

The FTX hack in November 2022 saw $477 million vanish, with the elusive thief later laundering assets through decentralized exchanges and cross-chain bridges like RenBridge and THORSwap. As the trial of FTX’s CEO Sam Bankman-Fried commences, the thief, still unidentified, resumed moving the stolen assets, converting Ether to Bitcoin. Blockchain analytics firm Elliptic sheds light […]