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Do Kwon’s US court hearing delayed as prosecutors review a swath of new evidence
A federal court in Manhattan has postponed the case against Do Kwon, the former CEO of Terraform Labs, following a request from prosecutors for additional time to sift through a substantial amount of evidence. Citing technical complexities, prosecutors indicated they expect to provide an additional four terabytes of discovery material to Kwon’s defense team, leading…
Continue ReadingYuga Labs Secures Major Win as SEC Closes Investigation Without Charges
After a prolonged period of regulatory examination, Yuga Labs has recently celebrated a major milestone as the US Securities and Exchange Commission (SEC) has closed its investigation into the company without imposing any enforcement actions. This conclusion, reached after more than two years of scrutiny, suggests a significant shift in the regulatory landscape concerning cryptocurrency,…
Continue ReadingDavid Sacks Quietly Divested From Crypto Company at Center of Conflict of Interest Controversy
David Sacks, who currently serves as President Donald Trump’s crypto and artificial intelligence czar, has recently faced significant scrutiny regarding potential conflicts of interest tied to Trump’s announcement of a U.S. strategic crypto reserve. This initiative, revealed by Trump, proposes that the government maintains a reserve of various digital assets, including notable cryptocurrencies such as…
Continue ReadingPump.fun volume drops by 63% in February
Trading activity on Pump.fun, a prominent token launchpad within the Solana ecosystem, has experienced a significant downturn, with a staggering 63% drop in trading volume from January to February 2025, as reported by data from Dune Analytics. This downturn is reflective of broader market trends as memecoins face intensified scrutiny following a spate of scandals.…
Continue ReadingXRP, SOL, and ADA Inclusion in US Crypto Reserve Pushes Traders on Edge
Amid ongoing turbulence in the cryptocurrency market, traders are grappling with a significant downturn following Bitcoin’s alarming 10% drop over a mere 24-hour period. This sudden decline has sparked chaos on crypto-centric social media platforms, evoking fears of a resurgence of the bear market that gripped investors throughout 2022, as highlighted by insights from Santiment.…
Continue ReadingPresident Warming Up His Pen to Sign Resolution to Kill IRS Crypto Rule If Passed
The White House is on the brink of signaling a significant shift in the regulatory landscape for cryptocurrency. President Donald Trump is poised to approve a Congressional Review Act (CRA) resolution aimed at reversing an Internal Revenue Service (IRS) rule that some industry insiders have labeled as a hindrance to the growth of decentralized finance…
Continue ReadingAave revamp proposal includes revenue redistribution, safety system
Marc Zeller, the visionary behind the Aave Chan Initiative (ACI), revealed an ambitious proposal for a comprehensive overhaul of Aave’s tokenomics on March 4. This initiative introduces a transformative revenue redistribution model, a new “Umbrella” safety system to facilitate protection against bank runs, and the formation of the “Aave Finance Committee” (AFC). Zeller has emphasized…
Continue ReadingTrump-Related Meme Coins in Freefall as Crypto Market Takes a Hit
The Ripple Effect: Trump’s Influence on Meme Coins and Cryptocurrency Volatility The cryptocurrency sector experienced significant turbulence with a major correction that followed a promising uptick on March 2-3, 2025. This volatility has been closely linked to statements and actions taken by former President Donald Trump, causing waves throughout both established cryptocurrencies and a variety…
Continue ReadingSecuring America’s Crypto Innovation Edge
The United States has long been recognized as a pioneer of innovation, leading advancements across various sectors including technology, agriculture, and finance. This leadership stems not from imposing ideological restrictions on innovators but from creating a conducive environment where entrepreneurial values flourish. In the current landscape, this is particularly evident in the realm of cryptocurrency,…
Continue ReadingBitcoin sags toward $80K as US dollar strength bounces off 12-week low
Bitcoin (BTC) exhibited notable volatility as the Wall Street session opened on March 4. Market analysts attributed the cryptocurrency’s fluctuating prices to the adverse effects of newly implemented US trade tariffs affecting Mexico and Canada. The crypto landscape was further burdened by a broader sense of uncertainty in financial markets. Bitcoin Tests New Local Lows…
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