Day: October 17, 2022

Blockchain Land Monterrey. Criptomonedas en Mexico.

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The crypto industry fights regulators in the courts: Law Decoded, Oct. 10โ€“17

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Perhaps one of the most captivating signs of the industryโ€™s maturity is the increasing amount of court cases in which crypto companies fight back against perceived regulatory abuses. Last week saw some major advancements in that direction.ย  Digital asset manager Grayscale has filed its opening brief against the United States Securities Exchange Commission to challenge its decision denying Grayscaleโ€™s application to convert the Grayscale Bitcoin Trust (GBTC) to a spot Bitcoin exchange-traded fund (ETF). According to Grayscale, the SEC must submit its brief by Nov. 9. A U.S.-based crypto policy…

SEC, CFTC Probing Bankrupt Crypto Hedge Fund Three Arrows Capital: Report

The Singapore-based Three Arrows filed for bankruptcy in July, saying its business had โ€œcollapsed in the wake of extreme fluctuations in cryptocurrency markets.โ€ In particular, the hedge fund suffered huge losses stemming from the collapse of the TerraUSD algorithmic stablecoin in May. At the end of June, the Monetary Authority of Singapore (MAS) reprimanded Three Arrows Capital for misleading it with allegedly false information. Source

Texas Securities Regulators and Attorney General Object to FTX Purchasing Voyager Digital โ€“ Regulation Bitcoin News

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Regulators from the state of Texas and the stateโ€™s attorney general are objecting to FTX purchasing Voyager Digital, as the stateโ€™s securities commissioner needs to โ€œdetermine whether FTX US is complying with the law.โ€ Texas State Securities Board, Department of Banking, and Attorney General File Objection Against FTX Buying Voyager Digital According to a bankruptcy court document filed on October 14, 2022, the Texas State Securities Board (SSB), the Texas Department of Banking, and the Texas attorney general are objecting to FTXโ€™s solicitation of Voyager Digital. FTX, the exchange led…

Terra developers propose revised 95M LUNA ecosystem funding program

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On Monday, developers of the Terra ecosystem, which consists of Luna Classic (LUNC) โ€” formerly known as Terra (LUN, TerraUSD (USTC), and Luna 2.0 (LUNA), proposed a revised expansion program for allocating 95 million LUNA ($248 million). As told by Terra, the new proposal is designed to incentivize development in the Terra ecosystem and fix issues in the original proposal. In the original plan, around 10% of LUNA’s total supply, or 100 million LUNA, would be allocated to the ecosystem, with 80% of this amount going to developer mining rewards.…

Crypto Venture Capital Fund Paradigm Also Wants CFTC to Serve Ooki DAO’s Members

While the crypto industry has not tried to defend against the actual allegations โ€“ that the DAO, alongside its predecessor company, bZeroX, offered unregistered products to U.S. customers โ€“ it has collectively expressed concern about how the CFTC has gone about trying to bring a case against the DAO. Specifically, lawyers are concerned that the CFTC has painted a broad brush by trying to hold each voting token holder individually liable, as well as by trying to serve the entire DAO by posting the lawsuit in a web portal and…

Aptos Blockchain Goes Live on Mainnet

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SEC Coming After Ethereum

โ–ถ Coinbase Website: Coinbase.com โ–ถ CEX Website: cex.io The SEC has claimed that “all of Ethereum falls under US Jurisdiction”. Gary Gensler, and the SEC are attacking Ethereum, stating that the SEC controls ETH since a majority of the nodes are located in the United States. SEC Claim – ETH Node Stats – ETH Pool Stats – BTC Pool Stats – ๐Ÿ”’Ledger Limited Edition 20% Pack – Video Review: โ€”โ€”โ€”โ€”โ€”โ€”โ€”โ€”โ€”โ€”โ€”โ€”โ€”โ€”โ€”โ€”โ€”โ€”โ€”โ€”โ€”โ€” FOLLOW ME FOR GIVEAWAYS!! Twitter: Instagram: TikTok: โ€”โ€”โ€”โ€”โ€”โ€”โ€”โ€”โ€”โ€”โ€”โ€”โ€”โ€”โ€”โ€”โ€”โ€”โ€”โ€”โ€”โ€” ๐Ÿ”ฅOpen a Roth IRA to Grow Your Crypto TAX-FREE๐Ÿ”ฅ NO MORE MONTHLY…