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SEC Settles With BarnBridge DAO for $1.7 Million Over Unregistered Crypto Offerings

SEC Settles With BarnBridge DAO for $1.7 Million Over Unregistered Crypto Offerings

Despite BarnBridge not explicitly admitting or denying the SEC's findings, the DAO effectively accumulated cryptocurrencies from investors through SMART Yield, utilizing these funds to generate returns for investors.

Arkon Energy Secures $110 Million Funding for Expansion and AI Cloud Service Development

Arkon Energy Secures $110 Million Funding for Expansion and AI Cloud Service Development

The remaining $30 million will fund a groundbreaking project - the development of an AI cloud service in Norway.

Worldcoin Hits Pause on Eye-Scanning in India: Glitches and Ethics Stall Innovation

Worldcoin Hits Pause on Eye-Scanning in India: Glitches and Ethics Stall Innovation

Worldcoin's pause in India highlights the need for careful consideration of ethical and data privacy issues in innovative technologies.

Coinbase Obtains Crypto License in France Amid European Expansion and U.S. Regulatory Struggles

Coinbase Obtains Crypto License in France Amid European Expansion and U.S. Regulatory Struggles

Both Coinbase and competitor Binance faced legal action from the SEC, alleging illegal securities dealings, creating a complex and uncertain environment for crypto companies domestically.

Three Arrows Capital Founders’ Assets Worth $1.1 Billion Frozen by BVI Court

Three Arrows Capital Founders’ Assets Worth $1.1 Billion Frozen by BVI Court

During the filing, the company disclosed its substantial debts to creditors, amounting to at least $3.5 billion.

China Pursues NFT, DApp Growth Despite Cryptocurrency Prohibition

China Pursues NFT, DApp Growth Despite Cryptocurrency Prohibition

Despite the cryptocurrency prohibition, the recent push by the Chinese government to explore blockchain and Web3 developments mirrors a broader trend.

Galaxy Digital Witnesses Surge in Assets Under Management, Eyes Acquiring Assets of Bankrupt Crypto Firms

Galaxy Digital Witnesses Surge in Assets Under Management, Eyes Acquiring Assets of Bankrupt Crypto Firms

This portfolio notably includes a stake in the AI startup Anthropic, presenting a lucrative opportunity for expansion and diversification.