Terraform Labs, currently facing a securities lawsuit from the U.S. Securities and Exchange Commission (SEC), has recently filed a request for a summary judgment to conclude the case. The defense argues that the SEC misinterpreted facts in a separate case involving DEBT Box, pointing out the regulatory body’s misrepresentations. The presiding judge acknowledged the defense’s
The cryptocurrency world has long been fascinated with the concept of bull markets. These periods of upward price movements have historically been associated with significant gains for investors. The next bull market, experts predict, could kick off as soon as next year. Several catalysts, such as the upcoming Bitcoin halving and the potential approval of
Itau Unibanco, the largest bank in Brazil, has recently made a bold move by entering the cryptocurrency exchange market. The bank has launched a trading service on its investment platform, allowing its clients to trade Bitcoin and Ether. This strategic move positions Itau Unibanco as a direct competitor to local crypto exchanges like MB and
In today’s rapidly evolving global marketplace, organizations from diverse industries are constantly seeking innovative approaches to improve customer satisfaction and streamline processes. However, the potential benefits of incorporating cryptocurrency payment methods into business operations are often overlooked due to the historical association of cryptocurrencies with the digital asset ecosystem. Recognizing the significance of integrating cryptocurrency
Bitcoin has once again showcased its resilience as it breaks through the $40,000 resistance level, with a substantial increase of over 5%. This surge in value has reignited the bullish sentiment surrounding Bitcoin, with market observers suggesting that the price may climb even higher towards the $42,000 resistance level. The cryptocurrency market is buzzing with
The gaming NFT marketplace Aqua has recently announced its closure, citing the slow scaling of the Web3 gaming market. Despite its vision of reshaping the gaming experience through blockchain technology, Aqua’s operations have become unviable. This article explores the challenges faced by Aqua and the broader implications for the gaming-focused NFT market. Developed by former
The recent announcement by Northern Data, a German data center and Bitcoin mining operator, of its $360 million investment in GPUs for its cloud computing services, highlights the increasing integration of Bitcoin miners into the AI sector. This move allows Northern Data’s subsidiary, Taiga Cloud, to benefit from existing infrastructure and economies of scale in
Chainlink’s price has regained its bullish momentum after a period of sluggishness. Despite the temporary slowdown, the cryptocurrency has managed to remain above the $14 level in recent weeks. More notably, the LINK price has surpassed the $16 mark for the second time within a month. The question then arises – what is driving this
Chainlink (LINK) has experienced a remarkable rebound of over 240% from its yearly low in June 2023. This surge in price may not be the end of its upward trajectory, as indicated by a variety of on-chain and technical indicators. Since November 2023, LINK’s price has been consolidating within an ascending triangle pattern, which is
Peter Szilagyi, the team lead of Ethereum, has expressed his frustration over the lack of interest from his alma mater in providing opportunities for students to collaborate with Ethereum (ETH). Despite his efforts to engage with the university, Szilagyi found that the students’ focus remained fixated on the price of Ethereum rather than the project
