Hong Kong already has a clear definition of Ethereum and it is not a security, said OSL Digital Securities head Wayne Huang.
cointelegraph.com
MicroStrategy Q1 net loss hits $53.1M, but Bitcoin buying spree continues [cointelegraph]
MicroStrategy has yet to adopt the new accounting standard that would have taken the billions of dollars in paper gains from Bitcoin’s 65% price rally into account.
Samourai Wallet co-founder pleads not guilty, released on $1M bond [cointelegraph]
The terms of Keonne Rodriguez’s bail prevent him from engaging in “any cryptocurrency transactions, directly or indirectly,” without prior approval from the court.
Solana illustrates the dark side of monolithic blockchains [cointelegraph]
Modular blockchains might lead to a poor user experience, but — unlike Solana — they remain functional even during periods of high demand.
Terraform proposes $1M penalty for SEC case, no relief or disgorgement [cointelegraph]
Lawyers for Terraform claimed that seeking disgorgement from the platform would involve the Luna Foundation Guard, a “non-party” in the SEC’s civil case.
Bankruptcy judge signs off on $450M FTX-Voyager settlement [cointelegraph]
According to the terms of the deal, FTX will “relinquish any and all rights” to $450 million Voyager Digital has claimed from the crypto exchange.
South Korean ministries look to upgrade status of crypto crime unit [cointelegraph]
The temporary unit is reportedly being transformed into a permanent department as enforcement actions rise dramatically in South Korea.
South Korea looks to upgrade status of crypto crime unit [cointelegraph]
The temporary unit is reportedly being transformed into a permanent department as enforcement actions rise dramatically in South Korea.
Binance sued in Canada, CZ could serve 36 months in prison: Law Decoded [cointelegraph]
Cryptocurrency exchange Binance is under legal pressure in Canada and the Philippines, while U.S. prosecutors are demanding 36 months in prison for Changpeng Zhao.
Avalanche integrates with Stripe for fiat-to-crypto onboarding [cointelegraph]
Avalanche C-Chain users can now buy AVAX directly within Web3 apps by using a widget supplied by Stripe.