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SEC seeks summary judgment in Do Kwon and Terraform Labs case

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The “evidence” of violations provided by the SEC points to Kwon’s involvement in misleading crypto investors by creating and marketing Terra and its in-house Terra (LUNA) tokens as securities.

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Coin Market

EigenLayer’s EIGEN cracks top 100 market rank in trading debut

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EigenLayer’s native token unlocked at 5:00 am UTC on Oct. 1 and has been trading at just under $4 per token, or around a $6.5 billion fully diluted value. 

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Coin Market

Crypto hackers steal $750M in Q3 2024, as losses grow by 9.5% — CertiK

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The third quarter of 2024 saw a decline in the number of crypto hacks, but the value of assets stolen spiked, with $753 million lost across 155 incidents. 

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Coin Market

Stop panicking about Wrapped Bitcoin — Mint Coinbase’s cbBTC instead

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Concerns about wBTC’s planned custody shakeup are overblown. For added safety, cbBTC is the best alternative. 

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