Crypto Event

Do Kwon Arrested, Here are 5 Legal Charges

Do Kwon, the man behind the Terra LUNA ecosystem, was reportedly arrested in Montenegro, Southern Europe. The 31-year-old man has long been a police target after his company Terraform collapsed. Do Kwon was secured at the Podgorica airport, said Montenegro’s Interior Minister, Filip Adzic. According to Business Insider, he allegedly provided documents under a false […]

Crypto Event

As ZK Tech Booms in Crypto, developers must consider user security

The inherent problem with blockchain systems is their inability to scale without security or scalability – a concept coined by Ethereum user Vitalik Buterin as the “blockchain trilemma.” However, the emergence of zero-knowledge (ZK) cryptography promises to change the way blockchains process, encrypt, and share data, providing powerful solutions that address even the most tedious […]

Crypto Event Mining

A Number of Crypto Mining Operations Crash in Russia

Authorities and electric utilities in various regions of Russia have shut down illegal crypto mining fields, seized hardware, and taken operators to court.The action against the coin minting facility comes amid discussions about a proposal to introduce criminal liability for miners who violate a forthcoming industry law. Launch Bitcoin, Sunday (19/3/2023), police and power suppliers […]

Crypto Event

Polygon partners with Salesforce for NFT-based loyalty programs

Salesforce’s partnership with the blockchain platform is another sign of the company’s investment in customer engagement using Web3 technology. Software company Salesforce has partnered with Layer 2 blockchain platform Polygon for an NFT-based loyalty program, said Ryan Wyatt, CEO of Polygon Labs. “Salesforce will help customers integrate Polygon into its management platform to help customers […]

Crypto Event

SEC Chairman Gensler Suggests Again That Proof-of-Stake Tokens Are Securities

U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler is doubling down on his opinion that proof-of-stake tokens could meet the definition of securities under the Howey Test, thus bringing them under his agency’s regulatory authority. Speaking to reporters after a commission vote on Wednesday, Gensler said securities laws could be triggered because investors anticipate […]