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    Blockchain

    Former Terra Development Team Leader Testifies Against Do Kwon

    On February 5, reports emerged from the Korean daily newspaper Chosun, detailing how a former Terra development team leader had come forward with testimony challenging Terra founder Do Kwon.

    Court Rules Against Crypto Mining Company, Won’t Force BC Hydro to Provide Power + More Crypto News

    Get your daily, bite-sized digest of blockchain and crypto news – investigating the stories flying under the radar of today’s news.

    Web3 Game Developer Wemade Reports Widening Losses in Q4 2023

    South Korean Web3 game developer Wemade has disclosed a significant increase in operating and net losses in the fourth quarter of last year, as per its latest earnings report.

    Binance Discloses Token Listing Adjustments, Offers $5 Million Whistleblower Reward

    Binance has made changes to its token listing methods after some community members alleged malpractice on the part of employees involved in the process.

    British Columbia Court Upholds B.C. Hydro’s Ban on Crypto Mining

    A provincial supreme court judge in British Columbia has deemed B.C. Hydro’s moratorium on crypto mining projects reasonable, according to a ruling posted on Monday.

    US Treasury Secretary Yellen Highlights Crypto Risks, Urges Legislation

    U.S. Treasury Secretary Janet Yellen, leading the Financial Stability Oversight Council, addressed lawmakers about the risks cryptocurrencies pose to the U.S. financial system and called for regulations.

    Pundi X Initiates PURSE Token Distribution to Boost DePIN Development

    Pundi X, a blockchain-based point-of-sale solution, has initiated the first phase of its PURSE token distribution in a bid to incentivize builders and participants of the Decentralized Physical Infrastructure Network (DePIN).

    Lawmaker: Lack of Russian Crypto Regulations ‘Undermines Moscow’s Anti-Sanctions Policies’

    A leading politician thinks insufficient Russian crypto regulation is “undermining the government’s efforts to counter” Western economic sanctions.

    Trump Calls CBDC a “Very Dangerous Thing,” Criticizes Artificial Intelligence

    Former president and leading Republican presidential candidate Donald J. Trump called the prospect of a central bank digital currency (CBDC) a “very dangerous thing” during a February 2 interview on Fox Business.

    South Korean Crypto Exchange Bithumb Reinstates Commission Fees After Four Months

    The South Korean crypto exchange Bithumb ended its four-month campaign of commission-free crypto trading on February 5.

    Indian Government Rejects Binance’s Plea to Resume Operations, Demands PMLA Compliance

    Cryptocurrency exchange Binance is engaged in discussions with the Indian government to regain access to its mobile app and website in the country following its delisting from Apple’s India app store. While Binance is prepared to pay taxes and penalties, it is currently unwilling to comply with the Prevention of Money Laundering Act (PMLA) guidelines, according to reports.

    Tether Leads Crypto Mobile App Oobit’s $25 Million Series A Funding

    Tether announced today that it led a $25 million Series A funding round for crypto mobile payments app Oobit.

    Online Crypto Course Founder Faces SEC Charges in $1.2 Million Fraud Case

    The founder of the American Bitcoin Academy was charged with crypto fraud by the Securities and Exchange Commission on February 2.

    AltLayer’s Executive Quells Community Backlash Over $100 Million Airdrop Distribution

    AltLayer’s Head of Growth has described events leading up to gains by a few non-fungible token (NFT) holders as a coincidence. Additionally, Dorothy called for more community support in the future.

    Beijing-Run CBEX Denies Links to Same-Named Crypto Firm + More Crypto News

    Get your daily, bite-sized digest of blockchain and crypto news – investigating the stories flying under the radar of today’s news.

    Ex-Terraform Labs CFO Chang-joon Extradited to South Korea- What’s Going On?

    Han Chang-joon, the former Chief Financial Officer of Terraform Labs has been extradited to South Korea by Montenegrin Police after the completion of his jail term.