The United States Securities and Exchange Commission (SEC) has introduced an action against Terraform Labs, the company behind the design of the Terra blockchain, and its co-founder and CEO Do Kwon. The SEC is seeking an order for Kwon to comply with a series of subpoenas he has failed to address. The investigative subpoenas seek…
Integritee Co-Founder Alain Brenzikofer Explains How to Attract Enterprises to Use a Public Blockchain
In development since 2018, Integritee AG’s solution enables sensitive business or personal data to be securely handled in an interoperable blockchain ecosystem. Using a hybrid of blockchain technology and hardware-enabled trusted execution environments, it enables businesses to securely process sensitive data, aiding compliance with privacy laws like GDPR. Alain Brenzikofer is the CTO and Co-founder…
Daily Earnings of Typical Axie Infinity Player ‘Fall Below the Philippines’ Minimum Wage Line:’ Report
This year, the Sky Mavis-crafted blockchain game Axie Infinity has seen incredible growth and has recently surpassed $3 billion in all-time sales. However, researchers at Naavik explain in a recent study that Axie Infinity players called ‘scholars’ are seeing daily earnings drop, and many have seen earnings dip below the minimum wage line of countries…
Skybridge Capital Founder Says Bitcoin ‘Will Easily Trade at $500K’ — Urges Investors to Buy Right Now
Skybridge Capital’s founder says bitcoin “will easily trade at $500,000 a coin,” noting that investors should buy some right now, even at the current price. “I’m trying to do my best to explain to them why they need to own this right now,” he said, emphasizing that we are still “very, very early.” ‘These Coins…
Shark Tank’s Kevin O’Leary Advises How to Get Into Bitcoin — Crypto Now 10% of His Portfolio
Shark Tank star Kevin O’Leary, aka Mr. Wonderful, has some advice on how to get into bitcoin or other cryptocurrencies. “It’s a wonderful universe. It’s a fantastic asset. It’s a must-own if you’re an investor,” O’Leary said. He also revealed that his crypto exposure has grown to about 10%. Kevin O’Leary Has Some Advice for…
Coinbase Pushes for Single Crypto Regulator: CEO Says ‘We Have 53 Regulators in Just One Country, the US’
Crypto exchange Coinbase has been meeting with a number of regulators to convince them that the U.S. should have just one federal regulator overseeing the crypto sector. Currently, there is a variety of different regulators in the U.S., CEO Brian Armstrong explained, noting that Coinbase has “53 regulators in just one country, the United States.”…