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Crypto Hedge Fund Galois Capital Fined $225,000 by SEC for Custody Rule Violations

Crypto Hedge Fund Galois Capital Fined $225,000 by SEC for Custody Rule Violations

The U.S. Securities and Exchange Commission (SEC) has slapped Galois Capital Management LLC with a $225,000 fine for falling short of the Custody R...
Sep, 03, 2024
by Bitcoin News
Terra Blockchain (LUNC) Hit By $5 Million Hack And Outage: Details

Terra Blockchain (LUNC) Hit By $5 Million Hack And Outage: Details

The Terra blockchain has suffered a significant breach involving a complex exploit that resulted in the theft of approximately $5 million in assort...
Aug, 01, 2024
3 min read
by Bitcoinist
Terraform Labs to Dissolve After SEC Settlement, CEO Announces

Terraform Labs to Dissolve After SEC Settlement, CEO Announces

Following a settlement with the U.S. Securities and Exchange Commission (SEC), Chris Amani, who succeeded Do Kwon as the CEO of Terraform Labs, dis...
Jun, 13, 2024
by Bitcoin News
Terra Classic Revival: Why This Major Upgrade Is Crucial To LUNC’s Future

Terra Classic Revival: Why This Major Upgrade Is Crucial To LUNC’s Future

Genuine Labs, a Terra Classic developer group, recently announced that it had submitted a proposed upgrade to the Terra blockchain for governance v...
May, 28, 2024
2 min read
by Bitcoinist
US Jury Finds Do Kwon, Terraform Labs Liable For Fraud In SEC Trial

US Jury Finds Do Kwon, Terraform Labs Liable For Fraud In SEC Trial

According to a Friday report by Bloomberg, a  United States jury found Terraform Labs and its co-founder Do Kwon liable for civil fraud over the cr...
Apr, 06, 2024
2 min read
by Bitcoinist