Author: American Coins & Gold

Do Kwon, Terraform Labs Should Get .3B Fine, SEC Tells Court
The U.S. Securities and Exchange Commission (SEC) has asked a New York court to impose $5.3 billion in fines on Terraform Labs and co-founder Do Kwon for their role in the $40 billion implosion of the Terra ecosystem in 2022.

Will Bitcoin’s New BIP Editors Streamline Development?
Five new editors were added to help speed up the process of approving and merging Bitcoin Improvement Proposals.

AI Safety for Smart Contracts Is AI Safety for the World

Web3 Artist Shavonne Wong on the Future of NFTs
“Having an eye on the horizon makes things less crazy,” says the Consensus 2024 speaker.

Mt. Gox's Looming B Payout Could Weigh on Bitcoin Prices, K33 Research Warns
The defunct crypto exchange will distribute 142,000 BTC and 143,000 BCH to creditors later this year, 10 years after its implosion due to a hack.

Ether ETFs Are Unlikely to Be Approved in May: Standard Chartered
The bank reiterated its year-end bitcoin and ether targets of $150,000 and $8,000, respectively.

Crypto Lobbyists Sue SEC Over 'Dealer' Definition
A U.S. Securities and Exchange Commission rule expanding the definition of a “dealer” to capture digital assets activity went too far, a lawsuit by the Blockchain Association and Crypto Freedom Alliance of Texas alleged.

Crypto.com Postpones South Korea Launch After Reports of Money Laundering Probe
The firm maintains the “highest” anti-money laundering standards in the industry, it said in a statement to CoinDesk.

Galaxy, Lightspeed Faction Lead M Raise for Turnkey, Crypto Wallet Startup From Former Coinbase Employees
The company from ex-Coinbase employees aims to help developers build better blockchain wallets.

Patched Cosmos Bug Could've Put 0M At Risk, Says Firm That Reported It
The reentrancy bug was discovered by Asymmetric Research, a core contributor to the Wormhole interoperability protocol.