The Layer 2 network Kroma is opening the KRO Airdrop Claim page, and eligible users include Kroma OG, users who have completed the 9-week Kroma Quest campaign, WEMIX community members, NIGHT CROWS players, users who have contributed to the development and security of Kroma, Spectrum contributors, Kroma Creative Universe (KCU) contributors, Superchain contributors, and more.
Elon Musk backed down and decided to comply with a court order in Brazil in an attempt to end a months-long conflict that culminated in a multimillion-dollar fine and the ban of social network X in Brazil. X appointed a legal representative in the country on Friday, seeking to comply with a deadline set by the Supreme Court and end the country's ban on the social media platform, which began on August 30, according to a judicial filing. The move does not guarantee the return of social media platf...
Starlink claims that it complies with a Brazilian court ruling and will block X services in the country.
DMM Group and Progmat announced the launch of a joint study on the issuance of stablecoins that comply with the amended capital settlement law, and plan to use the stablecoin in the digital economy circle "Seamoon Protocol" conceived by DMM Group to promote the expansion of the token economy circle and the increase in the value of SMP. The utilization plan of stablecoins is divided into three phases, including price stabilization, economic circle development, and expanded use cases. It is expect...
Social media platform X said it disagreed with the European Union Commission's assessment of the company's comprehensive efforts to comply with digital services laws.
On June 25, industry experts said that Coinbase could face regulatory challenges in complying with new U.S. Financial Accounting Standards Board (FASB) accounting standards. It is reported that the standard changes the accounting and disclosure of cryptocurrencies from a low-cost impairment model to a fair value model. The rules were agreed by the FASB in 2023 and will go into effect in 2025. However, companies are allowed to adopt the standards early, and some, including Coinbase, already follo...