While the SEC touts its enforcement as a win for investors, the crypto industry is rejoicing over Chair Gary Gensler's imminent departure.
VeChain (VET) has maintained strong gains across multiple timeframes despite recent daily correction, with technical analysts projecting a potential 30% price increase to $0.056 by early 2025.
Terraform Labs' near $4.5 billion settlement with the SEC has contributed to a record year for the agency's financial penalties.
Terraform Labs' $4.5 billion settlement with the SEC contributed to a record year for the agency's financial penalties.
The Securities Exchange Commission (SEC) obtained orders for $8.2 billion in remedies for the 2024 fiscal year, a record high for the regulatory agency. This is a 67% increase from the $4.9 billion in financial penalties that it collected in 2023.
VeChain (VET) has been on a tear lately, surging over 45% in the last 24 hours.
VeChain (VET) has had a rough ride, stuck in a downward trend for months. But recently, it's starting to show signs of life. After seven months, VET has broken out, riding the wave of a broader crypto market recovery. But is this a sign of something bigger? Let's take a closer look.
VeChain's price breakout sparks excitement, but sustaining momentum hinges on critical resistance levels.
The altcoin is in pump by +35% compared to a month ago.
Crypto firm Canaan teamed up with a West Texas Bitcoin mining firm to boost its operations in Texas, expanding its North American footprint.
VeChain (VET), a prominent altcoin known for its supply chain solutions, has seen an impressive rally this week. The surge came on the back of Bitcoin's meteoric rise, hitting a new all-time high of $82,379.
VeChain (VET), a prominent blockchain project focused on supply chain logistics, has been gaining attention due to its unique partnerships with major companies like Walmart, BMW, and Microsoft. This has prompted many investors to wonder: Can VeChain's token, VET, hit $0.10 by 2030?
VeChain has recorded a 42.6% weekly gain amid positive market sentiment following Trump's election victory, though analysts differ on price targets ranging from $0.028247 to $0.15 for the near term.
VET and VTHO registered massive price hikes in the recent past, but their fates may be different.
Terra Classic (LUNC) joined the latest rally that saw Bitcoin topping $80K for the first time in history. As altcoin bulls flexed their muscles, LUNC gained over 20% on its weekly chart. Ecosystem developments such as intensified token burns and broad market rallies contributed to LUNC's prevailing performance.
The Avalanche Foundation has finalized the repurchase of 1.97 million AVAX tokens previously held by the now-defunct Luna Foundation Guard (LFG). The post Avalanche Foundation Buys Back 1.97M AVAX Tokens from Luna Foundation Guard appeared first on Cryptonews.
A bankruptcy court has allowed the Avalanche Foundation to buy back 1.97 million AVAX tokens it sold to the defunct Luna Foundation Guard.
VeChain announces the deprecation of legacy developer tools as they shift focus to the new VeChain SDK, aiming to enhance the VeChainThor development ecosystem.
Sunny Lu is the co-founder and CEO of VeChain, focusing on blockchain solutions for supply chain management. He previously served as CIO at Louis Vuitton China, where he developed an interest in blockchain technology.
VeChain releases its combined Q2-Q3 2024 financial report, showcasing treasury performance, strategic initiatives, and future growth prospects amid regulatory developments.
Amid increased price volatility in the crypto market, the Terra 2.0 has regained momentum. Moreover, it has surged ~45% from its low of $0.2513 over the past three months. Will Terra 2.
The Terra Classic community is preparing for a supply shock that the LUNC coin could soon face. This is based on a court settlement that has mandated Terraform Labs to burn the tokens in their possession.
Do Kwon's extradition decision is reportedly nearing completion, with Montenegro's Justice Minister indicating that an announcement will be made by Sunday.
Exposing Terra's shadows: Do Kwon secretly made crypto transfers In Jail as Montenegro pondered over extradition.
Do Kwon's extradition has been delayed again, to the surprise of the Justice Ministry.
Montenegro plans to finalize Do Kwon's extradition by the end of this week. Montenegro convicted Do Kwon of forgery, and he served a six-month sentence.
Do Kwon's extradition process begins, raising concerns about Terra Luna's future and potential impacts on Luna crypto investors.
Montenegro is set to decide on the extradition of Do Kwon, co-founder of Terraform Labs this week, as confirmed by the Justice Minister.
Terraform Labs co-founder Do Kwon's legal case is approaching a key moment as his extradition process is reportedly nearly complete. Authorities are set to make a decision by Sunday, Oct. 20.
Yet another legal drama involving Do Kwon, the co-founder of Terraform Labs, is reaching a decisive moment. Montenegrin officials have confirmed that the extradition process is in its final stages, with a ruling expected by Sunday, October 19.
Montenegro's Minister of Justice, Bojan Božović, announced that a decision on Do Kwon extradition will be finalized and signed by the end of the week.
Montenegro's Justice Minister Bojan Božović confirmed that a decision had been reached regarding the extradition of Do Kwon, the co-founder of Terraform Labs. According to local media reports on Oct. 17, the extradition process will be signed by the end of this week.
According to Montenegrin media reports, Do Kwon's extradition process may soon conclude, with a decision expected by Sunday, Oct. 19. On October 17, Minister of Justice Bojan Bozovic confirmed that the government chose the destination for extraditing the Terraform Labs co-founder, whom both the US and South Korea want on charges related to cryptocurrency fraud.
Do Kwon's extradition chapter may be finalized as soon as Sunday, Oct. 19, according to local Montenegrin media.
In a developing story surrounding Do Kwon, the co-founder of the collapsed Terraform Labs blockchain, new investigative reports suggest he may have conducted cryptocurrency transactions while in custody in Montenegro. This revelation follows a lengthy period during which authorities reportedly took 72 days to seize his electronic devices and wallet access codes after his arrest.
The key organization backing the Avalanche (AVAX) blockchain ecosystem is announcing plans to repurchase crypto assets sold to the nonprofit behind the Terra (LUNA) protocol in the first half of 2022.
Do Kwon, the founder of Terraform Labs allegedly used electronic devices, including a laptop and phone, to conduct cryptocurrency transactions from within his prison cell. While Kwon is detained in Spuž prison questions are mounting over how he may have handled his crypto assets even in detention.
Story Highlights The live price of the VeChain token is . VET price could have a maximum value of $0.0776 in 2024. VeChain price with a potential surge could go as high as $0.300 by 2030.
Avalanche Foundation is planning to buy back 1.97 million AVAX tokens which was previously sold to Luna Foundation Guard (LFG) in early 2022.
The Avalanche Foundation is set to buy back nearly 2 million AVAX tokens sold to Terra just before its collapse in 2022. This transaction, which awaits approval from a bankruptcy court, marks a new chapter in the tumultuous history of the crypto market.
The Avalanche Foundation is set to repurchase 1.97 million Avalanche (AVAX) tokens that were sold to the Luna Foundation Guard (LFG) in April 2022, just one month before the Terra blockchain ecosystem collapsed.
Avalanche Foundation has agreed with Luna Foundation Guard (LFG) to buy back all AVAX tokens it sold to LFG in April 2022 as part of the cooperation efforts between the two projects and to improve the foundation's liquidity. According to the post on X, the repurchase plan is now awaiting court approval.
Avalanche Foundation repurchases 1.97M AVAX tokens from Luna. The move protects the tokens from liquidation during LFG's bankruptcy.
The AVAX price has surged by a staggering 10% in the last few hours after the recent announcement by the Avalanche Foundation of a repurchase agreement with the Luna Foundation Guard (LFG) – the entity associated with Terra blockchain – to buy back all tokens sold back in 2022. This has pushed AVAX closer to
On the latest episode of the Hashing It Out podcast, VeChain and Puffpaw execs discuss how blockchain can incentivize positive behavior changes.
VeChain launches VeBetterDAO Super-User Challenge offering ATP Finals tickets and €4k budget, promoting sustainable actions via blockchain apps.
VeChain introduces VePassport to combat sybil farming and outlines future developments for VeBetterDAO, including GM NFT upgrades and node endorsements.
VC honcho Horowitz is hopeful that a Harris presidency will be a breath of fresh air and plans to donate to her presidential campaign.