[ad_1] Terraform Labs is launching a claims portal for creditors who suffered losses from the TerraUSD token collapse and subsequent events that led to the companies’ bankruptcy, according to a Friday announcement. Terraform Labs Creditors: The Crypto Loss Claims Portal is scheduled to open for submission of Crypto Loss Claims on March 31, 2025. Creditors may file Eligible Crypto Loss Claims at https://t.co/7YQvfQr76x. The deadline to file is April 30, 2025 at 11:59 p.m. (prevailing Eastern… — Terra 🌍 Powered by LUNA 🌕 (@terra_money) March 28, 2025 The Crypto Loss Claims Portal, managed by Kroll Restructuring Administration, will open on…
Author: NBTC
[ad_1] A federal judge agreed to pause an ongoing lawsuit between 18 state attorneys general and a decentralized finance lobbyist group against the U.S. Securities and Exchange Commission (SEC) on Wednesday, after the parties noted the SEC’s new leadership. The state AGs, all Republicans, filed the lawsuit alongside the DeFi Education Fund last November after Donald Trump’s win in the 2024 presidential election. They allege that the federal securities regulator had exceeded its authority in filing lawsuits against crypto exchanges. In Wednesday’s filing, the SEC suggested that Paul Atkins’ confirmation as the new agency chair could end the litigation. “As…
[ad_1] Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. Artificial intelligence has become a powerful force in the finance ecosystem, offering faster,> You might also like: AI is creating a new class of entrepreneurs, and you’re either in or out | Opinion But there’s one major problem: bias. Despite offering speed, precision, and what seems like objectivity, financial AI systems carry the same bias that the industry has been trying to eliminate for decades. For example, according to Lehigh University, OpenAI’s GPT-4 Turbo large language…
[ad_1] The notion that Charles Hoskinson, the founder of Cardano, may be the anonymous creator of Bitcoin Satoshi Nakamoto has been the subject of one of the most persistent rumors in the cryptocurrency world. Hoskinson recently made a statement in which he categorically denied any affiliation with Satoshi, restating that he had absolutely nothing to do with the creation of Bitcoin and never claimed to be connected to it. Hoskinson has previously been required to provide his identity. Parts of the crypto community are still speculating despite repeated denials. This long-standing theory was put to the test when Charles Hoskinson…
[ad_1] Ethereum’s price was in a tight range this week as crypto investors remained on the sidelines and exchange-traded fund outflows rose. Ethereum (ETH) was trading at $1,580 on Friday, where it has remained throughout the week. It has risen by 14% from its lowest point this month. Ethereum continues to face many challenges, especially the rising competition from layer-2 networks like Base and Arbitrum (ARB). Other layer-1 networks like Sui (SUI) and Solana (SOL) have continued to gain market share in industries like decentralized finance and gaming. Most tellingly, spot Ethereum ETFs have continued to shed assets this year.…
[ad_1] Goldman Sachs warns the dollar is set to tumble as aggressive tariffs and slowing U.S. growth erode investor confidence and threaten its long-held global dominance. Goldman Sachs Sees Dollar Losing Ground Fast With Tariffs and Growth Stalling Out Growing concerns over U.S. trade strategy and a slowing economy are casting a shadow over the dollar’s strength, according to a new report from Goldman Sachs Research, released last week. The firm warned that deteriorating economic indicators, coupled with the expanding use of tariffs, are driving down global confidence in the U.S. currency. The report stated plainly: “US tariffs are expected…
[ad_1] Ghiblification (GHIBLI), a Ghibli-themed meme coin, has successfully secured listings on several exchanges following its recent launch. The move comes as the cryptocurrency market experiences a surge in the launch of similar tokens. Ghiblification (GHIBLI) Gains Traction with Listings on Gate.io, BingX, and More Inspired by the viral Studio Ghibli AI art trend, the Ghiblification token has quickly gained attention, attracting major exchange listings despite being only two days old. Gate.io, in particular, has added the meme coin to its Pilot Section. “New Listing: GHIBLI from Gate.io Pilot Section. Trading Pair: GHIBLI / USDT. Trading Starts: 02:00 AM, March…
[ad_1] Two brothers charged with stealing $25 million worth of Ethereum launched a novel legal defense in federal court this week: Their case must be dismissed immediately, so they say, because new DOJ crypto policies imply the property they’re accused of stealing can’t really be considered property in the first place. Last spring, the DOJ accused Anton and James Pepaire-Bueno, two MIT-educated coding whizzes, of exploiting the process by which the Ethereum network validates transactions to steal millions of dollars worth of ETH from traders. The brothers were initially charged with wire fraud and conspiracy to commit money laundering. They…
[ad_1] A viral post on X earned hundreds of thousands of impressions with the allegation that BullX, a multi-blockchain cryptocurrency exchange, “called it quits.” A critic claimed its CEO deleted his Telegram account, underpaid influencers for referrals, and delayed withdrawal requests. BullX is a trading system that allows users to execute trades across several so-called decentralized exchanges (DEXs). BullX emphasizes Solana DEXs but supports several other blockchains and layer 2s. Certain facts are true. BullX has not posted anything on its X account since February 9. There is also contention by several influencers within the X thread about referral payouts.…
[ad_1] Bitcoin’s (BTC) recent stability amid Nasdaq turmoil driven by tariffs has generated excitement among market participants regarding the cryptocurrency’s potential as a haven asset. Still, the bulls might want to keep an eye on the bond market where dynamics that characterized the COVID crash of March 2020 may be emerging. Nasdaq, Wall Street’s tech-heavy index known to be positively correlated to bitcoin, has dropped 11% since President Donald Trump on Wednesday announced reciprocal tariffs on 180 nations, escalating trade tensions and drawing retaliatory levies from China. Other U.S. indices and global markets have also taken a beating alongside sharp…