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As per a recent article by Bloomberg, Do Kwon, the founder of Terraform Labs, and the Securities and Exchange Commission (SEC) contested the substantial $5.3 billion penalty that was suggested in the complaint.

Sam Altman of OpenAI co-founded the ambitious cryptocurrency project Worldcoin, which is now present in Latin America.

On Wednesday, investors sold out U.S.-based spot bitcoin (BTC) exchange-traded funds (ETFs) at the fastest rate possible, despite Jerome Powell, the head of the Federal Reserve (Fed), discounting the likelihood of a rate hike.

A large number of organizations and private investors have made digital asset purchases recently, which has helped the bitcoin market grow impressively.

The company behind the decentralized finance (DeFi) lending protocol, Aave Labs, has released a five-year plan that includes a proposal for the system's progression and improvement.

The price of ether began to drop again and was trading below $2,920. In the event that ETH closes below the $2,800 support zone, bearish momentum may build.