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Hong Kong put out a proposal last week to license stablecoins. Singapore has already announced similar intentions. Its very likely that before the end of 2024, the two financial centers will have come up with rules that US lawmakers have failed to adopt after three years of efforts. ....
US District Judge Jed Rakoff in Manhattan sided with the Securities and Exchange Commission in its case stemming from the implosion of the TerraUSD and Luna currencies. ....
US News: Do Kwon, the founder of TerraUSD and Luna, is facing legal trouble after the collapse of his cryptocurrency tokens, resulting in a $40 billion market ....
0k, time for a look at this week s tech news now. cryptocurrency boss do kwon has been sentenced to four months injail in montenegro. in february, do kwon was charged with orchestrating a $40 billion crypto asset securities fraud after the collapse of terrausd and luna tokens. students in switzerland have developed a haptic suit that enables more interaction with virtual reality. the meta suit has artificial muscles which measure a person s movements without the need for camera systems. it was such an amazing feeling which was something i never felt before. you re in an entirely other environment. you could be a norse. tesla s ceo elon musk has said that the electric car maker will be in india as soon humanly possible after a meeting with the indian prime minister narendra modi. the indian government said it had invited mr musk to explore investment opportunities in electric mobility and the commercial ....
A high court in Montenegro overrode a lower court s previous decision that would have released Terraform Labs founder Do Kwon on bail. Bloomberg first reported ....