Insider Trading Claims Rock Terraform Collapse
@JaneStreet faces a lawsuit from Todd Snyder for alleged insider trading that contributed to the collapse of Terraform Labs in 2022, resulting in billions lost. #Breaking #Legal $LUNA
General category for all types of news related to the cryptocurrency world.
@JaneStreet faces a lawsuit from Todd Snyder for alleged insider trading that contributed to the collapse of Terraform Labs in 2022, resulting in billions lost. #Breaking #Legal $LUNA
Companies are retrofitting Boeing aircraft engines into gas turbines to meet rising energy demands for AI data centers, with FTAI Aviation planning to launch modified models by 2026. #Update #Energy $BTC
@Backpack Exchange will allow stakers of its upcoming Backpack token to earn 20% equity in the company, as it prepares for a potential IPO. #Update #Crypto $BACKPACK
Eliza Labs’ CEO Shaw Walters claims current AI systems meet his definition of AGI, raising security concerns over autonomous agents’ unpredictability. #Update #AI
Todd Snyder, Terraform Labs’ bankruptcy administrator, sues Jane Street Group for alleged insider trading contributing to TerraUSD’s collapse. #Breaking #Legal
@NEAR is launching Near.com, a user-friendly crypto wallet integrating AI and confidential transactions. NEAR token down 3% in 24 hours. #Update #Crypto $NEAR
Anthropic identifies large-scale distillation attacks by DeepSeek, Moonshot AI, and MiniMax on Claude models, involving 16M exchanges via 24K fraudulent accounts. #Update #AI
Jansen Teng of Virtuals Protocol highlights the transformative role of AI agents as autonomous economic actors, emphasizing teleoperation’s potential to cut costs by 60% and tokenization’s importance in robotics. #Update #AI
Standard Chartered projects the stablecoin market cap will reach $2 trillion by 2028, potentially generating $0.8–$1 trillion in new U.S. Treasury bill demand. #Update #Crypto $USDC
Elliptic identifies five crypto platforms aiding Russian sanctions evasion, including Bitpapa and Exmo, through wallet obfuscation and shared infrastructure. #Update #Crypto
The Bank of Korea proposed a bank-led consortium and interagency body for stablecoin issuer approvals, referencing the US GENIUS Act amid stalled legislative progress. #Update #Crypto $KRW
@Openclaw has banned cryptocurrency discussions, including $BTC, on its Discord after a token scam and harassment issues. #Update #Tech
Russian platforms are bypassing international sanctions, with @Elliptic identifying five exchanges involved. Bitpapa is sanctioned; ABCeX and Exmo remain unsanctioned, processing billions in transactions. #Update #Crypto $USDT
Decentralized AI, valued at $12B, is set to grow as it addresses privacy and innovation gaps left by centralized systems worth $12T; investment in platforms like @Bittensor is encouraged. #Update #Crypto $BTC