Thursday, March 28, 2024
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Do Kwon dismisses Slack chat records as irrelevant evidence

Terraform Labs co-founder Do Kwon has contested the importance of Slack messages presented as evidence. These involved discussions with his co-founder Daniel Shin about manipulating transactions on the Terra blockchain to attract investors.The United States Securities and Exchange Commission (SEC) included the Slack conversation between the two co-founders, dated back

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Third-Generation Blockchains Will Pick Up the Defi Slack Left by Ethereum – Op-Ed Bitcoin News

With the ETH 2.0 upgrade still months, if not years, from a full launch, third-generation blockchain protocols are quickly racing up to dethrone Ethereum as the “go-to” hub for dapps and defi. Blockchain Metamorphosis to Catalyze Future Defi Growth Although many people may only be discovering it recently, blockchain technology has been

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Judge orders Ripple to hand over 1 million Slack messages to the SEC

U.S. Magistrate Judge Sarah Netburn has ordered Ripple to produce one million missing Slack messages between employees which the Securities and Exchange Commission (SEC) has sought to access. Despite Ripple’s protestations that complying would cost up to $1 million, the judge deemed the messages critical and unique evidence for the SEC’s

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SEC wants ‘terabytes’ of Slack communications from Ripple

The legal battle between the United States Securities Exchange Commission (SEC and blockchain-based payments firm Ripple continues, with the regulator wanting further access to Ripple’s internal communications.The SEC filed a motion with the Southern District of New York on Monday, requesting Judge Sarah Netbrun to order Ripple to produce and

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China Strikes Down 10% of Global BTC Hashrate, Who Will Pick Up The Slack?

The government of China’s Sichuan province moves to stamp out Bitcoin (BTC) mining activity, citing that growing cryptocurrency prices have led to the escalation of illegal activity under the guise of mining.Sichuan — 10% of the global hashrateAccording to estimates from Cambridge University, Sichuan is responsible for almost 10% of

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