Industry
Snow Crash manuscript that coined the term ‘metaverse’ to be auctioned by Sotheby’s
The original manuscript of Neil Stephenson's "Snow Crash," which coined the term "metaverse,"James DeanKim Kardashian, Floyd Mayweather urge court to drop lawsuit against EMAX
Celebrities including reality TV star Kim Kardashian and boxing legend Floyd Mayweather have filed a motion with a California federal judge to dismiss a new lawsuit against EMAX.Hallie GillWazirX Shuts Down NFT Marketplace Due to Low Traction
Indian cryptocurrency exchange WazirX has ended its NFT marketplace operations with immediate effect. Currently, the WazirX NFT website displays a message stating this. In a statement on its website,Wayne IngramMassachusetts man indicted after mining cryptocurrency in school crawl space
A Massachusetts man is facing charges after mining cryptocurrency in a school crawl space, The Washington Post reported on Feb. 23Jerry McNeillBinance Australia suspends AUD fiat currency services, citing third-party issues
Cryptocurrency exchange Binance Australia has notified users that it has suspended Australian dollar services after its local payments provider Zepto was instructed to stop supporting the exchange.Hallie GillVoyager bankruptcy plan approved, customers recover 35.7% of initial claims
Cryptocurrency brokerage Voyager's bankruptcy plan was approved by the US Bankruptcy Court for the Southern District of New York on May 17, Reuters reported. Justice Michael Wiles' order approving the proceedings was released by the court a day earlier.Jerry McNeillMontenegro prosecutors appeal Do Kwon's bail terms
Terra co-founder Do Kwon's bail is now in doubt following an appeal by the state attorney's office. Kwon remains wanted in South Korea for extradition and faces criminal charges in the United States.Cornell RachelFTX Leadership Sues Sam Bankman-Fried Over $220M Deal Made Before Bankruptcy
FTX lawyers are suing former CEO Sam Bankman-Fried, co-founder Zixiao Wang and former senior executive Nishad Singh over a lack of due diligence in their $220 million acquisition of stock clearing platform Embed.Martha GrizzardRipple case: SEC Hinman documents may be public by June 6, lawyer says
Defense attorney and former US Attorney James K. Filan expects documents of the infamous Hinman speech to be publicly released by June 6, citing a previous court order.Wayne IngramFed's emergency lending could bring $2 trillion to U.S. banking system
The U.S. banking industry is facing huge financial fallout as the collapse of big banks such as Silicon Valley Bank disrupts the sector.Martha GrizzardInteraction between wallets tied to Euler Finance Exploiter and North Korea's Lazarus Group detected
On-chain analyst Lookonchain detected an address associated with exploiters of the ethereum-based lending protocol that sent 100 ether (approximately $171,700) to a wallet linked to the Lazarus Group’s sprawling Ronin network hack.Jerry McNeillMessari CEO Explains What Could Surge Bitcoin to $100,000 in a Year
Ryan Selkis, CEO of crypto-intelligence firm Messari, sees more negative events in the financial world, including bank failures, in the near future.Sherry CantwellArthur Hayes on Bank Bailouts and Bitcoin's 'Endgame'
BitMEX co-founder and crypto essayist Arthur Hayes published a lengthy blog post on Thursday detailing the Federal Reserve’s new plan to protect the banking system and what it means for Bitcoin.James DeanFDIC Denies Potential Signature Buyers Must Give Up Crypto
After the collapse of Silvergate Bank, one of the two major banks providing financial services to crypto platforms, former clients turned to rival Signature, which was seized by U.S. authorities citing serious liquidity problems.Barry Stidham
SEC's Crypto Actions Drop by 30% in Gensler's Final Year
The US Securities and Exchange Commission (SEC) experienced a notable decline in its crypto-related enforcement actions.Sherry Cantwell
SEC cancels controversial crypto accounting rule SAB 121
The Securities and Exchange Commission (SEC) recently announced the cancellation of Staff Accounting Bulletin No. 121 (SAB 121).Christopher Smith
Coinbase files to dismiss BiT Global lawsuit over wBTC
Coinbase has filed a motion to dismiss a lawsuit brought against it by BiT Global concerning the delisting of Wrapped Bitcoin (wBTC).Hallie GillSalesforce Web3 Helps Brands Build Trusted and Scalable NFT Programs
Customer relationship management software company Salesforce announced the limited release of Salesforce Web3 on March 15.Hallie GillSEC sues Terraform Labs and Do Kwon for cryptocurrency fraud involving UST and LUNA
On Feb. 16, the U.S. Securities and Exchange Commission (SEC) charged Terraform Labs, the Singapore-based company behind the creation of LUNA and UST,Christopher SmithNorwegian Detectives Seize $6M Worth of Crypto Stolen From Axie Infinity NFT Game
Detectives in Norway have seized more than 60 million kroner ($5.9 million) previously stolen from the blockchain-based game Axie Infinity.Craig Green
