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Search Results for: Do Kwon

ASIC Files Lawsuit Against eToro Over CFD Offerings

The Australian Securities and Investments Commission (ASIC) has launched a lawsuit against eToro, a stock and crypto trading platform. This is over allegedly allowing its users to engage in “high risk” leverage derivative products, specifically CFDs. On Thursday, August 3rd, ASIC released a statement claiming that eToro Aus Capital Ltd.

August 3, 2023 2 mins read

U.S Government Investigates BlackRock’s Chinese Investments

BlackRock, a firm that manages $9 trillion in assets, is under investigation by the US government for possible illegal Chinese investments. Legislators are concerned that Americans’ retirement savings are being used to prop up Chinese companies that the United States has blacklisted due to security and human rights concerns. According

August 2, 2023 2 mins read

Did FTX SBF Attempt to Intimidate a Key Witness?

FTX co-founder Sam Bankman-Fried is currently in a legal battle that has sparked a debate over First Amendment rights. He contends that his potential imprisonment would violate his freedom of speech. This has led to a discussion about the boundaries of expression during ongoing legal proceedings. Bankman-Fried has been under

August 2, 2023 1 min read

Binance to Support Terra Classic Major Upgrade, Will It Impact LUNC Price?

Binance, the world’s largest cryptocurrency exchange, will support the “Terra Classic (LUNC) V2.0.1” network upgrade. As the cryptocurrency exchange will halt deposits and withdrawals of LUNC and USTC. According to an official announcement on May 17, Binance would support the Terra Classic V2.0.1 network upgrade. That is scheduled to take

May 17, 2023 2 mins read

Terra Luna Classic’s DeFi Project Terraport Hacked,15 Billion LUNC Stolen

According to reports, Terraport, the newly released Terra Classic DeFi platform created by TerraCVita, has been hacked. On April 10, Terraport Finance stated through a tweet that it had discovered a security hole in the Terraport Liquidity wallet. The group is trying to fix the problem and safeguard the protocol.

April 10, 2023 1 min read

Bitcoin Rebounds From Recent Lows, Surges Back to the $28K Mark

Bitcoin (BTC), the world’s leading cryptocurrency, has seen a significant rebound from its recent lows, surging back to the $28,000 mark after hitting support levels. The cryptocurrency had sharply declined in the past few weeks, leading many to believe that the much-anticipated bull run might be over. However, the recent

April 3, 2023 2 mins read