Terraform labs, the Singapore-based company behind the Terra blockchain and its associated cryptocurrencies TerraUSD and Luna, is launching a crypto asset loss claim portal on March 31—claims to be submitted by April 30. On Mar. 28, Terraform labs announced that…
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NYAG reaches $200m settlement with Novogratz’s crypto bank Galaxy Digital over LUNA sales [btcmanager]
Michael Novogratz’s Galaxy Digital will pay $200 million over allegations it promoted LUNA while selling millions of tokens at a profit before the token’s collapse. Galaxy Digital, a crypto investment firm founded by Michael Novogratz, has agreed to a $200…
Tutorial’s TUT surged over 200% following Binance listing, will the bullish momentum persist? [btcmanager]
TUT crypto rallied as much as 235% today after community votes secured it a listing on the Binance exchange. According to data from crypto.news, Tutorial (TUT) rose from $0.0167 to an intraday high of $0.0564 before pulling back to $0.0396…
Crypto exchange Upbit operator Dunamu posts 85% surge in operating profit [btcmanager]
Dunamu, the operator of crypto exchange Upbit, posted an 85.1% increase in operating profit for 2024, fueled by Bitcoin’s halving and pro-crypto policies in the U.S. Dunamu, the company behind South Korean crypto exchange Upbit, had a strong 2024, with…
Crypto exchange Upbit operator Dunamu posts 85% surge in operating profit [btcmanager]
Dunamu, the operator of crypto exchange Upbit, posted an 85.1% increase in operating profit for 2024, fueled by Bitcoin’s halving and pro-crypto policies in the U.S. Dunamu, the company behind South Korean crypto exchange Upbit, had a strong 2024, with…
Coinbase cleared in South Carolina as state drops staking lawsuit [btcmanager]
South Carolina has dropped a lawsuit against cryptocurrency exchange Coinbase, which accused it of offering unregistered securities. The South Carolina Attorney General’s securities division dismissed the case in a joint agreement with Coinbase, marking another win for the exchange after…
South Carolina bill proposes Bitcoin reserve with 1M BTC cap [btcmanager]
A new bill introduced in South Carolina proposes the creation of a state-run Bitcoin reserve with a cap of 1 million BTC. Filed on Mar. 27, South Carolina’s Strategic Digital Assets Reserve Act seeks to give the state treasurer the…
U.S. SEC ends probe into Crypto.com exchange with no action taken [btcmanager]
Without pursuing any enforcement action, the U.S. Securities and Exchange Commission has formally concluded its investigation into Crypto.com. In a blog post on Mar. 27, the exchange revealed the news, pointing out that it had previously received a Wells notice…
Coinbase Institutional open-sources MPC library to promote industry-wide security [btcmanager]
To improve security in the cryptocurrency sector, Coinbase Institutional has made its multi-party computation cryptography library publicly available. MPC technology lowers the risk of theft or illegal access by allowing multiple parties to sign transactions without disclosing their private keys.…
Circle releases USDCKit SDK to simplify USDC payment integration [btcmanager]
Circle has unveiled USDCKit, a new tool designed to make USDC payment integration easier for businesses. According to a Mar. 27 announcement on Circle’s official blog, the demand for stablecoins has been rising despite market volatility. Stablecoins have found a…