Positive Development for Terra (LUNA): Last US Class Action Lawsuit Withdrawn - New CEO Makes Statement

In a significant development, the recent class action lawsuit filed against Terra (LUNA) in the United States has been voluntarily withdrawn by the plaintiffs. This is the second case to be withdrawn, indicating a positive trend for the company.  Terraform Labs CEO Chris Amani expressed his relief and determination on the issue in his statement. “The last class action lawsuit filed against Terra in the US was withdrawn by the plaintiffs, bringing the count to two. As long as these baseless legal claims continue to fail, we will continue to fight,” he said.  Coming to the details of the case, first by Nick Patterson individually and then on behalf of all others similarly situated to Terraform Labs, Jump Crypto, Jump Trading, Tribe Capital, Definance Capital/Definance Technologies, Three Arrows Capital, Nicholas Platias and Do Kwon. A countersuit was filed.  However, lead plaintiff Michael Tobias and plaintiff Nick Patterson have completely voluntarily withdrawn the lawsuit against defendants Terraform Labs and Do Kwon, according to a notice filed with the court and all parties involved.  The notice further clarified that neither the plaintiffs nor their attorneys have received or will receive any compensation for this retraction.

2023-10-01indústria

Cosmos planeja atrair desenvolvedores Ethereum em 2024

A Interchain Foundation revelou seu roteiro para 2024 para o Cosmos, priorizando a modularidade do blockchain, a interoperabilidade e atraindo desenvolvedores do ecossistema Ethereum.  A Interchain Foundation, uma organização sem fins lucrativos com a missão de reforçar a adoção do Cosmos, revelou recentemente o seu roteiro para 2024. A sua ambição é redefinir o cenário do que é popularmente conhecido como a “internet das blockchains”.  No centro deste documento de 50 páginas está o compromisso da Cosmos com a modularidade e interoperabilidade do blockchain, conceitos que são fundamentais para a rede.  Isso sublinha o objetivo do Cosmos de servir como um canal, conectando vários protocolos blockchain, permitindo processos de comunicação e transação contínuos sem a necessidade de empacotamento de token.  A ênfase nos rollups Ethereum (ETH) revela uma intenção clara: atender aos desenvolvedores que consideram as soluções da camada 2 restritivas.  1/ Revelando o #IBC reformular a marca!  Realinhando o Protocolo de Comunicação Inter-Blockchain com sua missão principal:  Forneça uma estrutura universal para a comunicação de blockchains, estabelecendo as bases para que os desenvolvedores construam sem fronteiras. pic.twitter.com/N4FHzTu6zY  — Fundação Interchain (@interchain_io) 28 de Setembro de 2023  Um elemento central na estratégia do Cosmos é o seu protocolo de comunicação Inter-Blockchain (IBC).  Em 2024, o objetivo principal do IBC é

2023-10-01indústria

Valkyrie Investment lançará ETF Ethereum Futures; Aumento de preço da ETH

The broader cryptocurrency space is looking for crypto-based exchange-traded funds (ETF), one of the popular investment firms in traditional finance. Though there are several such investment vehicles that persist, looking at the scale of the global crypto market, companies believe more opportunities can be filled for more. One such effort brought fruitful results for Valkyrie Investment when the fund manager got approval for the first Ethereum (ETH) futures ETF.  Reuters reported that Valkyrie Funds LLC was already offering Bitcoin (BTC) futures ETFs to its customers. Now after the approval from the United States Securities and Exchange Commission (SEC), it will include Ethereum futures ETF offerings in the same product.  The product will be offered from Monday after renaming it as Valkyrie Bitcoin and Ethereum Strategy ETF, said Steven McClurg, chief investment officer at the firm.  As mentioned above, companies see great potential in the crypto ETFs given the soaring interest in digital assets. The number of applications with the SEC for crypto ETFs has seen an increase in the last few months.  Valkyrie Investments was not the only one in the race to procure an ETH ETF as counterparts such as VanEck and ProShares are also seeking approval for it.  In contrast to hybrid ETF

2023-09-30indústria

Notícias não relatadas de Cardano: ADA Whale compartilha projeto de negociação “altista”

A significant investor in this ADA ecosystem believes some Cardano news has gone unnoticed; this development could increase optimism in the network. Via social media platform X, the pseudonym ADA investor made the case for the “bullish development” happening on this blockchain.  Positive Cardano News Go Under The Radar?  The pseudonym investor compartilhado some of this unnoticed Cardano news, including launching several projects that could onboard more users on the network. These projects include OptionFlow, a trading platform offering access to decentralized derivatives, such as bonds, options, and others.  The platform recently launched its testnet and hinted at a “Phase 2” launch in the coming months. The ADA whale claims that Cardano will “shine” in offering derivative products. The Open Interest (OI) for Bitcoin futures contracts alone on Deribit stands at $300 million, which could provide an opportunity for a decentralized platform to capture some market share.  Open Interest for BTC futures contracts on the derivatives platform Deribit. Source: Deribit  The decentralized finance (DeFi) sector has seen impressive growth since 2020 as the total value locked across the different protocols rose above $150 billion at its peak. However, many believe that offering options, futures, and other derivatives failed to gain mainstream adoption.  In that sense, the

2023-09-30indústria

Suporte do Circle para Bitcoin Exchange Binance!

As you may remember, the SEC filed a lawsuit against Binance and Coinbase last June for violating securities law.  In this case, the SEC accuses Binance of facilitating trading in cryptocurrencies such as Solana (SOL), Cardano (ADA), and BUSD. Claiming that some cryptocurrencies are securities, the SEC argues that these cryptocurrencies are unregistered securities because they are not registered with the SEC.  According to Coindesk, while the Binance-SEC case is still ongoing, support came to Binance from stablecoin issuer Circle.  This intervention application of Circle, which was involved in the Binance-SEC case as an ‘amicus curiae’ (a person who assists the court by providing information and expertise on the subject of the case, but is not a party to the case), was made by Chief Legal Officer Heath Tarbert, the former president of CTFC. Circle is supported by Heath Tarbert.  In the application, Circle claims that stablecoin buyers do not expect a profit, so stablecoins are not an investment contract.  At this point, USDC issuer Circle intervened in the SECs lawsuit against Binance, arguing that securities laws should not apply to stablecoins.  Payment stablecoins by themselves do not have the basic characteristics of an investment contract, which means they are outside the jurisdiction of the SEC.  Decades

2023-09-30indústria

Public Miners Account for Just 28% – Is Decentralization in Jeopardy?

De acordo com @hashindex, os mineradores públicos representam 28% # Bitcoinhashrate global.  A indústria está a evoluir, com as entidades públicas e os estados-nação agora integralmente envolvidos. Isso apresenta oportunidades e desafios para a rede.  -Jamie Coutts CMT (@Jamie1Coutts) 27 de Setembro de 2023  Mining Pools And Decentralization  No surprise to learn that Western countries, the ones leading the #transição de energia – Australia, West & Nth Europe, UK & US – are priced out. In Italy Bitcoin would need to rise to over $200,000 to even break even.  -Jamie Coutts CMT (@Jamie1Coutts) 27 de Setembro de 2023  O Bitcoin (BTC) está sendo negociado atualmente a US$ 27.012. Gráfico: TradingView.comTexas Emerges As A Dominant Bitcoin Mining Hub  This rise to prominence is attributed to several favorable factors, including affordable energy prices and a regulatory environment that welcomes cryptocurrency mining.

2023-09-30indústria

SOL escapa de uma tendência negativa, mas ainda não está fora de perigo

The analyst Blunts revealed in a X post today that SOL is in an interesting situation.  SOL was attempting to escape a negative trend but was also bouncing off of a long-term positive trend line.  At press time, CoinMarketCap indicated that SOL was one of the best performers in the top 10 list.  The cryptocurrency analyst Bluntz shared in an X post earlier today that the price of Solana (SOL) was in an interesting situation from a technical standpoint. On one hand, the altcoins price is attempting to break out of a bearish structure. Meanwhile, SOL was also bouncing off of a key uptrend that had started all the way back in January of this year.  Bluntz‘s post follows SOL’s break above a steep negative trend line that had formed on the altcoin‘s charts after it had printed lower highs throughout the past few weeks. As a result of this breakout, the altcoin’s price was able to flip the 9-day EMA line into support as well.  Gráfico diário para SOL/USDT (Fonte: TradingView)  At press time, SOL was attempting to challenge the 50-day EMA line at $20.22. It was able to break above this level earlier in today‘s trading session, but had since pulled back to trade

2023-09-30indústria

ETH Price Skyrockets as Ethereum ETF Eyes Monday Launch Prospect

Possible Ethereum ETF launch next Monday sparks optimism in ETH price  In a major development, the price of Ethereum (ETH) experienced a substantial uptick today, marking a significant moment in its recent surge. The Ethereum price chart displayed an impressive green daily candle, indicating a notable increase of over 2.3%. At present, ETH is trading at $1,635.8 per token, reaching its highest value in the last eight days.  Throughout this week, Ethereum has enjoyed remarkable gains, with its price surging by 4.6% since the beginning of the week. The current rise has made this week the most profitable for the altcoin since July.  Mondays are for Ethereum ETFs  However, the excitement surrounding Ethereum extends beyond its price movement. There is a growing anticipation within the crypto community about the potential launch of Ethereum Futures ETFs as early as next week. Eric Balchunas, a senior ETF analyst at Bloomberg, hinted at such a development.  According to the analyst, the SEC is reportedly eager to expedite the launch of Ethereum Futures ETFs. He suggested that the security regulator has asked ETF filers to update their documentation by Friday evening so that they can become effective on Monday and commence trading on Tuesday.  ATUALIZAÇÃO: Ouvindo que a SEC quer

2023-09-30indústria

Fireblocks acquires Australian defi startup BlockFold for $10m

Tecnologia  Fireblocks acquires Australian defi startup BlockFold for $10m  4 minutos atrás  Notícias do Bitcoin Ethereum  Blockchain company Fireblocks, which is backed by Sequoia Capital, has acquired Melbourne-based decentralized finance (defi) startup BlockFold for a reported $10 million.  This acquisition will allow Fireblocks to expand its services beyond custody services.  Neither Fireblocks nor BlockFold has made any public statements regarding the deal.  BlockFold, founded in 2022, provides smart contract development, auditing, advisory, testing, and security services for defi and non-fungible token projects. Its clients include OpenSea, Hedera Hashgraph, OpenZeppelin, among others.  This acquisition comes shortly after Fireblocks launched its non-custodial wallet-as-a-service for businesses across various sectors.  The wallet is designed to work across multiple platforms, including iOS, Android, and web browsers.  In June 2023, Fireblocks partnered with cloud service giants AWS, Google Cloud, and Alibaba Cloud to expand accessibility and serve a broader range of businesses.

2023-09-30indústria

Ford CEO Farley says UAW is holding up talks over EV battery plants

Finanças  Ford CEO Farley says UAW is holding up talks over EV battery plants  2 minutos atrás  Notícias do Bitcoin Ethereum  Members of the United Auto Workers union picket outside the Michigan Assembly Plant in Wayne, Michigan, on Sept. 26, 2023.  DETROIT — The United Auto Workers union is holding up negotiations with over future electric vehicle battery plants, Ford CEO Jim Farley said during a press briefing Friday.  “I believe we could have reached a compromise on pay and benefits, but so far the UAW is holding the deal hostage over battery plants,” he said after the UAW announced it would expand strikes to two additional assembly plants — one each for Ford and  Farley criticized the union for its targeted strike strategy, saying he feels the actions were “premeditated” and insinuating the union was never interested in reaching a deal before a Sept. 14 deadline.  “We have felt from the very beginning, between all the lines of our comments, that the original strike was premeditated and that everything is taking way too long,” he said. “That actual events are predetermined before they happen. Its been very frustrating.”  Farleys public criticism of the union is uncharacteristic for Ford, which is historically viewed as the most union-friendly company of

2023-09-30indústria
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