Binance’s Legal Battle with SEC: The Howey Test and Key Arguments

by Александр Пирогов | Jan 23, 2024 | Blog News

Binance, the world’s largest cryptocurrency exchange, faced a crucial court hearing seeking the dismissal of a lawsuit brought against it by the U.S. Securities and Exchange Commission (SEC). The SEC filed the lawsuit in June, alleging that Binance operated as...

Hong Kong Poised for First Spot Crypto ETFs by Mid-2024

by Александр Пирогов | Jan 23, 2024 | Blog News

Hong Kong is set to introduce its first spot crypto exchange-traded funds (ETFs) by mid-2024, with Gary Tiu, executive director and regulatory affairs director of OSL, a licensed crypto exchange, revealing the development. Tiu expects the launch of the first ETFs...

Quantum Sensing: Addressing the Challenge of Quantum Decryption Threat

by Александр Пирогов | Jan 23, 2024 | Blog News

As quantum computing progresses, concerns about its potential to compromise existing encryption methods, such as RSA, have surfaced. Experts predict the emergence of scaled, fault-tolerant quantum computers capable of breaking encryption by the end of the decade. In...

Indonesia’s Upcoming General Elections and Potential Impact on Crypto Industry

by Александр Пирогов | Jan 22, 2024 | Blog News

Indonesia’s general elections in February could bring changes to the country’s crypto industry, depending on the outcome. Current President Joko Widodo’s government has shown interest in crypto, with plans for digital asset regulations and the...

Terraform Labs Files for Chapter 11 Bankruptcy Following TerraUSD Collapse

by Александр Пирогов | Jan 22, 2024 | Blog News

Terraform Labs, the cryptocurrency firm behind the failed stablecoin TerraUSD, has filed for Chapter 11 bankruptcy in Delaware. The filing reveals estimated assets and liabilities ranging from $100 million to $500 million. TerraUSD collapsed in May 2022, resulting in...

Morgan Stanley Warns of U.S. Dollar Losing Dominance Amid Growing Interest in Bitcoin and Digital Assets

by Александр Пирогов | Jan 22, 2024 | Blog News

Morgan Stanley has raised concerns about the risk of the U.S. dollar losing its dominance, driven by increasing interest in digital assets, including bitcoin. The investment bank highlighted that the U.S. dollar’s dominance is under scrutiny due to evolving...