The board of directors recommends that all shareholders vote in favor of the agreement. Elon’s offer of $54.20 is a significant premium above the current market price. The Securities and Exchange Commission (SEC) has received a proxy statement from Twitter, requesting that shareholders approve Elon Musk’s $44 billion bid. Shareholders
Magic Eden, created in September, was valued at $1.6 billion after the Series B round. Just three months ago, Magic Eden had announced a $27 million Series A round. NFT marketplace Magic Eden, which now controls the great bulk of the Solana market, is preparing for growth. The firm revealed
The Thai Securities and Exchanges Commission (SEC) announced to Shut down Huobi’s crypto services in Thailand. From July 1st 2022, Huobi will permanently close its crypto units as its license is canceled by the SEC. Earlier in May, The Thai SEC invalidated Huboi’s legal license. As the exchange failed to
Last year, the government wanted to award the role of crypto regulation to SEBI. Stars might face heavy fines for promoting a false or deceptive claim in a commercial. The Securities and Exchange Board of India (SEBI), India’s market regulator, collaborates with the Reserve Bank of India (RBI) on crypto-related
Insider trading on crypto exchanges will be investigated by the US Securities and Exchange Commission (SEC), according to Fox Business reporter Eleanor Terrett. The Fox News reporter added that the SEC has already issued letters to the top crypto exchanges requesting information on the absence of insider trading safeguards. She
The international summit MetaVentures Bangkok will be held on December 1-3, 2022. The exclusivity of the event opens the door to business and investment opportunities targeting a broad international audience. Investments, Blockchain, Metaverse and NFT, Biotech, DeFi, DAO, Digital Art, mining, payment systems and digital asset regulation are just some
The underlying issue of Bitcoin is that it is not private, according to Snowden. He cautioned about the consequences of the financialization of the crypto business. Despite his worries, the American whistleblower believes that cryptocurrencies have great potential. Edward Snowden feels some key obstacles must be overcome in the next
A well-known lawyer, James Filan, tweeted about this filing on June 10. Defendant requested that Judge Netburn investigate OIEA and FinHub’s enquiries. Every day, new documents have been filed in the lawsuit between the SEC and Ripple, a San Francisco-based fintech company. However, the Plaintiff’s (U.S. SEC) efforts to prolong
South Korea’s National Tax Service ordered Kwon to pay 100 billion won. Terra employees confirmed that $80 million was transferred. Terra LUNA’s dramatic crash grabbed US Security Exchange Commission’s (SEC) attention and SEC reported that Terra LUNA founder Do Kwon was involved in money laundering activities. Terra employees reportedly confirmed
Pwning.eth, a white hat hacker, found and alerted Aurora to a vulnerability. The $10 million prize for the Solana bridge Wormhole warranted more attention. After helping identify a vulnerability, Aurora, a blockchain bridge project, gave out the second-largest award in crypto history. Pwning.eth, a white hat hacker, found and alerted
