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Article by Steve Kaaru

CFTC sues decentralized autonomous organization and its token holders
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27 September, 2022

CFTC sues decentralized autonomous organization and its token holders

The U.S. regulator settled with bZx founders for $250,000 for illegal margined and leveraged commodity transactions, while also suing the...
Huobi’s sister company weighs name change
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26 September, 2022

Huobi’s sister company weighs name change

Hong Kong-listed Huobi Technologies wants to change its name to “New Huo Technology Holdings Limited” for a fresh corporate image,...
Compute North files for Chapter 11 bankruptcy with $500M in debt
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26 September, 2022

Compute North files for Chapter 11 bankruptcy with $500M in debt

Compute North operates data centers for miners, including Marathon Digital and Hive Blockchain, but a $300 million loan has made...
Boracay is becoming the Philippines ‘Bitcoin Island’ as adoption soars
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26 September, 2022

Boracay is becoming the Philippines ‘Bitcoin Island’ as adoption soars

Boracay is renowned for its beaches and resorts, but it’s now seeking to become a digital asset island—can it avoid...
South Korea: Authorities arrest 25 Kimchi premium traders
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26 September, 2022

South Korea: Authorities arrest 25 Kimchi premium traders

Police in South Korea said the 25 processed $72,000 in illegal BTC trades throughout 2021 on OTC trading platforms, violating...
New US bill seeks to ban UST-like algorithmic stablecoins for 2 years
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24 September, 2022

New US bill seeks to ban UST-like algorithmic stablecoins for 2 years

The bill has undergone several amendments, and the latest would protect Americans from a Terra-like collapse by banning "endogenously collateralized"...

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