What is sec? sec news, sec meaning, sec definition - Blockchain.News
Search results for

sec

Telegram Agrees to Turn Over ICO Documents To SEC
sec

Telegram Agrees to Turn Over ICO Documents To SEC

Telegram has agreed to provide the SEC with ICO Documents.

Blockstack PBC Files Annual Report with SEC
sec

Blockstack PBC Files Annual Report with SEC

Company releases most comprehensive report since the first-ever SEC qualification for its token offering last year

SEC Makes ICO Token Sales More Inclusive, Not Enough For SEC Commissioner Hester Peirce
sec

SEC Makes ICO Token Sales More Inclusive, Not Enough For SEC Commissioner Hester Peirce

The US SEC has modernized their definition of an 'accredited investor' to consider not just an individual’s wealth, but their education.

Former SEC Commissioner Says Incoming SEC Chair Gary Gensler Could Withdraw Lawsuit against Ripple
sec

Former SEC Commissioner Says Incoming SEC Chair Gary Gensler Could Withdraw Lawsuit against Ripple

Gary Gensler, who has been tapped by President Joe Biden to lead the Securities and Exchange Commission (SEC) as chairman, is awaiting the Senate floor’s final vote.

Crypto Mom Hester Peirce Officially Sworn in as SEC Commissioner
sec

Crypto Mom Hester Peirce Officially Sworn in as SEC Commissioner

Crypto Mom and blockchain forward SEC Commissioner Hester Peirce has been sworn in for a second term at the US SEC.

Schedule for SEC Case against Ripple Approved by Court, Hearing for SEC Chair Nominee Gary Gensler Set for March
sec

Schedule for SEC Case against Ripple Approved by Court, Hearing for SEC Chair Nominee Gary Gensler Set for March

A management plan and a scheduling order for the SEC case against Ripple Labs has officially been approved by the court.

Former SEC Official Reveals why He Thinks Ripple Has a Good Chance of Winning SEC Lawsuit over XRP
sec

Former SEC Official Reveals why He Thinks Ripple Has a Good Chance of Winning SEC Lawsuit over XRP

Joseph Hall, a partner at Davis Polk law firm, thinks that Ripple has a good chance of winning the legal case the SEC has built against XRP cryptocurrency.

SEC Charges Crypto Project Unikrn $6.1M for ICO Violations
sec

SEC Charges Crypto Project Unikrn $6.1M for ICO Violations

The Securities and Exchange Commission (SEC) has charged Unikrn for conducting an unregistered initial coin offering of its native token, UnikoinGold (UKG).

Trump Nominates SEC Commissioner Hester Peirce For Second Term
sec

Trump Nominates SEC Commissioner Hester Peirce For Second Term

Crypto Mom, Hester Peirce has been nominated for a second term with the U.S. Securities and Exchange Commission (SEC) as one of its five commissioners, until 2025.

US SEC Rejects Bitwise Proposal to List Bitcoin ETF
sec

US SEC Rejects Bitwise Proposal to List Bitcoin ETF

The United States Securities and Exchange Commission (SEC) has rejected a proposal filed by Bitwise Asset Management to list a Bitcoin (BTC) exchange-traded fund (ETF).

What Will Gary Gensler’s Confirmation to The Role of SEC Chair Mean for The Crypto Industry?
sec

What Will Gary Gensler’s Confirmation to The Role of SEC Chair Mean for The Crypto Industry?

SEC chairman nominee Gary Gensler testified before the Senate Banking Committee as part of his confirmation hearing.

MoneyGram Puts Ripple Partnership on Hold Due to SEC Lawsuit
sec

MoneyGram Puts Ripple Partnership on Hold Due to SEC Lawsuit

MoneyGram has announced that it will be temporarily suspending the use of XRP and taking a step back from its partnership with Ripple Labs, in light of the fintech firm's legal battle with the SEC.

Grayscale Will Dissolve XRP Trust In Reaction to SEC Lawsuit Against Ripple
sec

Grayscale Will Dissolve XRP Trust In Reaction to SEC Lawsuit Against Ripple

Institutional-grade digital asset firm Grayscale will dissolve its XRP Trust as the United States Securities and Exchange Commission (SEC) pursues its lawsuit against Ripple

Commissioner Hester Peirce Agrees with Telegram CEO Pavel Durov’s Criticism of SEC
sec

Commissioner Hester Peirce Agrees with Telegram CEO Pavel Durov’s Criticism of SEC

Commissioner Hester Peirce, affectionately knowns as ‘CryptoMom’, believes the SEC’s court victory over Telegram was inappropriately reached and has further stifled innovation for the United States.

Paxos Launches Blockchain Settlement Platform Following No-Action Relief From SEC
sec

Paxos Launches Blockchain Settlement Platform Following No-Action Relief From SEC

Paxos Trust Company announced that it will go ahead with the launch of its blockchain-enabled Paxos Settlement Service after receiving No-Action relief from the U.S. Securities and Exchange Commission (SEC).

CFTC Commissioner Clarifies the Agency's Sweeping Rights to Regulate Crypto Derivatives
sec

CFTC Commissioner Clarifies the Agency's Sweeping Rights to Regulate Crypto Derivatives

CFTC Commissioner Dawn D. Stump has given several clarifications that show the agency has powers to regulate cryptocurrencies.

Korean Prosecutors Consulting if LUNA Classified "Security"
sec

Korean Prosecutors Consulting if LUNA Classified "Security"

The probe into Terraform Labs by South Korean prosecutors is taking a whole new twist as watchdogs are making consultations on how best to classify the collapsed LUNA tokens - now known as Luna Classic (LUNC).

Crypto Intermediaries Must Register with the SEC in Some Capacity: Gensler
sec

Crypto Intermediaries Must Register with the SEC in Some Capacity: Gensler

US Securities and Exchange Commission (SEC) Chairman Gary Gensler said crypto intermediaries should be registered under the SEC.

Texas Authorities Slap “Bitcoin Pope” and Forex Birds with Cease and Desist Order for Fraudulent Investment Scheme
sec

Texas Authorities Slap “Bitcoin Pope” and Forex Birds with Cease and Desist Order for Fraudulent Investment Scheme

An emergency cease and desist order has been issued against the “Bitcoin Pope” trader, under allegations of fraudulent cryptocurrency investments.

Invesco Puts Blame on U.S. SEC Rules for Decision to Withdraw Bitcoin Futures ETF
sec

Invesco Puts Blame on U.S. SEC Rules for Decision to Withdraw Bitcoin Futures ETF

Invesco eventually talked about what prompted it to pull out its filing for Bitcoin futures ETF. The firm faulted SEC rules for the disaster.

Stellar CEO Denelle Dixon Joins IMF Panel on Cross-Border Payments
sec

Stellar CEO Denelle Dixon Joins IMF Panel on Cross-Border Payments

Stellar CEO Denelle Dixon is slated to take part in the IMF's annual meeting today, to discuss the private-sector’s role in addressing the limitations of cross-border payments.

Judge Denies Telegram's Appeal to Issue Grams to Non-US Entities, Says it's Too Late to Question SEC Jurisdiction
sec

Judge Denies Telegram's Appeal to Issue Grams to Non-US Entities, Says it's Too Late to Question SEC Jurisdiction

US Federal Judge P. Kevin Castel has denied Telegram’s request to issue its Gram tokens to overseas investors.

Coinbase CEO Calls Out US SEC For Using Intimidation Tactics
sec

Coinbase CEO Calls Out US SEC For Using Intimidation Tactics

Coinbase CEO has faulted the SEC for resorting to intimidation rather than provide needed regulatory clarity.

PlexCoin Founder Indicted by US Grand Jury for 2017 ICO Securities Fraud
sec

PlexCoin Founder Indicted by US Grand Jury for 2017 ICO Securities Fraud

A United States grand jury indictment has been delivered to Plexcoin founder, Dominic Lacroix, as well as Yan Ouellet and Sabrina Paradis-Royer for securities and wire fraud, and conspiracy to launder money, according to the DOJ.

Despite Clear Divide Amongst Lawmakers, Crypto CEOs Request Clear Regulations
sec

Despite Clear Divide Amongst Lawmakers, Crypto CEOs Request Clear Regulations

Top executives representing the biggest companies in the American digital currency ecosystem appeared before Congress to testify on the state of the crypto industry.

Ripple and The SEC’s Joint Letter Reveals that a Pretrial Settlement Is Unlikely to Happen
sec

Ripple and The SEC’s Joint Letter Reveals that a Pretrial Settlement Is Unlikely to Happen

Per the official court order, Ripple and the SEC has submitted a letter presenting their arguments ahead of the pre-trial court date.

‘Big Four’ Tech Amazon, Google, Apple & Facebook Grilled During US Antitrust Hearing
sec

‘Big Four’ Tech Amazon, Google, Apple & Facebook Grilled During US Antitrust Hearing

In an antitrust hearing with the Judiciary Committee of US Congress, the CEOs of Amazon, Apple, Facebook and Google testified, as a continuation of an unfinished legal conversation with lawmakers.

US SEC Shoots Down Latest Bitcoin ETF, Commissioner Crypto-Mom Dissents on Ruling
sec

US SEC Shoots Down Latest Bitcoin ETF, Commissioner Crypto-Mom Dissents on Ruling

The US Securities and Exchange Commission (SEC) has rejected yet another bid for a bitcoin-based exchange-traded fund (ETF), this time from New York-based Wilshire Phoenix.

US SEC Boss Gary Gensler Calls to Regulate DeFi Projects
sec

US SEC Boss Gary Gensler Calls to Regulate DeFi Projects

The US Securities and Exchange Commission Chairman Gary Gensler is pushing to regulate the decentralized finance (DeFi) landscape. He recently said that DeFi is adequately organized and therefore needs regulatory compliance.

US Congressmen Pushing for SEC Chairman Gary Gensler to Approve Bitcoin Spot ETF
sec

US Congressmen Pushing for SEC Chairman Gary Gensler to Approve Bitcoin Spot ETF

US lawmakers Tom Emmer and Darren Soto have stated that they would like to see the US SEC pave the way for Bitcoin spot ETF approval.

US won't Follow China’s Ban on Crypto and ‘Up to Congress’: SEC Chairman Gary Gensler
sec

US won't Follow China’s Ban on Crypto and ‘Up to Congress’: SEC Chairman Gary Gensler

At a hearing held on Tuesday, Gary Gensler, chairman of the US Securities and Exchange Commission, said that the United States will not follow China's ban on cryptocurrencies.

Kik Survives Legal Battle With the SEC, Kin Crypto to Continue Trading on Exchanges
sec

Kik Survives Legal Battle With the SEC, Kin Crypto to Continue Trading on Exchanges

The Kin Foundation has disclosed that both itself and the cryptocurrency has survived the dispute with the US SEC.

SEC to Make a Move on Suing Ripple over XRP Cryptocurrency as Christmas Holidays Kick In
sec

SEC to Make a Move on Suing Ripple over XRP Cryptocurrency as Christmas Holidays Kick In

Ripple CEO Brad Garlinghouse revealed that a lawsuit may be in the works against his fintech company for XRP cryptocurrency sooner than later.

The US SEC Asks Valkyrie to Withdrawal Its Leveraged Bitcoin Futures ETF
sec

The US SEC Asks Valkyrie to Withdrawal Its Leveraged Bitcoin Futures ETF

The move by the US SEC shows that the regulator would not approve leveraged Bitcoin ETF applications. Valkyrie recently applied to offer a leveraged Bitcoin futures ETF to investors.

Brazil’s Securities Market Regulator Targets Mercado Bitcoin over Token Sale
sec

Brazil’s Securities Market Regulator Targets Mercado Bitcoin over Token Sale

Brazil's regulator has ordered Mercado Bitcoin, the largest local crypto exchange, to provide information on fixed-income tokens the exchange has issued over the last two years.

Russian Civil Servants Required to Declare Crypto Holdings Beginning in 2021
sec

Russian Civil Servants Required to Declare Crypto Holdings Beginning in 2021

Russia’s public officials will be obligated to declare all their private cryptocurrency and digital asset holdings, effective from the start of 2021.

Thailand's SEC Eyes on Decentralized Finance
sec

Thailand's SEC Eyes on Decentralized Finance

Thai financial authority turn their eyes to decentralized finance regulation by requesting future DeFi-related activities to get appropriate licenses.

Brazilian SEC Seeks Adjustment to Crypto Regulation
sec

Brazilian SEC Seeks Adjustment to Crypto Regulation

The Brazilian Securities and Exchange Commission (SEC) is pushing for adjustments to the legal framework of the crypto market in the country.

Thai Regulator Warns Against Unlicensed Crypto Firms as Cryptocurrency Trading Ramps Up
sec

Thai Regulator Warns Against Unlicensed Crypto Firms as Cryptocurrency Trading Ramps Up

As cryptocurrency trading ramps up in the region, the Securities and Exchange Commission of Thailand (SEC) warns investors against unregulated crypto players.

Blockchain Firms To Benefit From SEC's Upward Review of Fundraising Limits For SMEs
sec

Blockchain Firms To Benefit From SEC's Upward Review of Fundraising Limits For SMEs

The Securities and Exchange Commission has amended its maximum fundraising limit for Small and Medium Enterprises a move that will benefit smaller blockchain firms.

US Crypto Lender Celsius to Stop Paying Interests to Unaccredited Investors
sec

US Crypto Lender Celsius to Stop Paying Interests to Unaccredited Investors

In line with regulatory demands, American crypto lender, Celsius has shared details of a restructuring to its Earn product which will now be limited to only Accredited investors.

Chelsea Football Club Owner Abramovich Confirmed as Investor in Telegram's 2018 ICO
sec

Chelsea Football Club Owner Abramovich Confirmed as Investor in Telegram's 2018 ICO

The US Securities and Exchange Commission’s (SEC) investigation into Telegram’s $1.7 billion initial coin offering (ICO) in 2018 has revealed that some very big names took part in the unregistered offering.

China Unlikely to Approve Oracle and Walmart’s TikTok Deal – Blockchain and Bitcoin Implications
sec

China Unlikely to Approve Oracle and Walmart’s TikTok Deal – Blockchain and Bitcoin Implications

China appears to be on edge regarding Oracle and Walmart’s deal with parent company ByteDance for TikTok’s US operations, calling it an “unfair deal.”

Nigerian Securities Commission to Release Official Guidelines on Crypto Regulations
sec

Nigerian Securities Commission to Release Official Guidelines on Crypto Regulations

The Nigeria Securities and Exchange Commission has announced a proposed crypto regulation guideline.

XRP Holders File Motion to Intervene in Ripple Case as SEC Blamed for Causing "Multi-Billion-Dollar Losses"
sec

XRP Holders File Motion to Intervene in Ripple Case as SEC Blamed for Causing "Multi-Billion-Dollar Losses"

On behalf of XRP holders, attorney John E. Deaton has filed a motion to intervene in the lawsuit opposing Ripple Labs and the SEC.

Gary Gensler Wants Congress to Back the SEC in Regulating Crypto
sec

Gary Gensler Wants Congress to Back the SEC in Regulating Crypto

SEC Chair Gary Gensler wants Congress to give his agency more powers to regulate the crypto industry.

Ripple’s First Court Date for SEC Lawsuit of XRP Tokens Set for February 2021
sec

Ripple’s First Court Date for SEC Lawsuit of XRP Tokens Set for February 2021

The official pre-trial court date for the US Securities and Exchange Commission’s lawsuit against Ripple for the sale of XRP tokens has been set.

Voyager Digital Receives a Cease and Desist Order from New Jersey Regulators
sec

Voyager Digital Receives a Cease and Desist Order from New Jersey Regulators

Digital assets platform, Voyager Digital, has been issued a cease and desist order by the New Jersey Bureau of Securities for offering unregistered securities in the form of its Voyager Earn program.

SEC to Amend Reporting Standards for Hedge Funds Alongside CFTC
sec

SEC to Amend Reporting Standards for Hedge Funds Alongside CFTC

The United States SEC is looking to amend the reporting standards for Form PF, the confidential reporting form for certain SEC-registered investment advisers to private funds.

Can XRP Token Price Ever Recover from SEC Lawsuit Against Ripple?
sec

Can XRP Token Price Ever Recover from SEC Lawsuit Against Ripple?

Ripple CEO Brad Garlinghouse remains defiant in the face of the SEC’s lawsuit but the XRP token continues to lose value with multiple exchange de-listings. Can XRP recover?

Regulating Cryptocurrencies like XRP with Securities Laws Not Always the Best Approach – Former SEC Executive
sec

Regulating Cryptocurrencies like XRP with Securities Laws Not Always the Best Approach – Former SEC Executive

Joe Hall, a former SEC executive, has commented on the lawsuit against Ripple over XRP cryptocurrency. He, for one, thinks that crypto is here to stay.

Has Judgement Finally Come for 2017 ICOs? Class Action Lawsuits Name Binance, BitMEX and Block.One Among Host of Crypto Defendants
sec

Has Judgement Finally Come for 2017 ICOs? Class Action Lawsuits Name Binance, BitMEX and Block.One Among Host of Crypto Defendants

Crypto Giants Binance, BitMEX, along with Executives CZ, Arthur Hayes Named Among Defendants in 11 Class Action Suits For Violating Securities Laws.

Telegram May Push TON Launch Date Before Facing SEC
sec

Telegram May Push TON Launch Date Before Facing SEC

After coming under fire from the United States Securities Commission (SEC) Telegram has allegedly informed its investors that it will postpone launching its Telegram Open Network (TON).

Legitimacy of SEC Clampdown on XRP Cryptocurrency Questioned by TechCrunch, but will Tether be Next?
sec

Legitimacy of SEC Clampdown on XRP Cryptocurrency Questioned by TechCrunch, but will Tether be Next?

The founder of TechCrunch Michael Arrington discussed the Securities and Exchange Commission’s lawsuit against Ripple Labs over XRP.

Ripple Supporters Appeal to the White House to Classify XRP as a Digital Currency
sec

Ripple Supporters Appeal to the White House to Classify XRP as a Digital Currency

In a move to support Ripple, XRP advocates have decided to file a petition with the White House asking it to declare the asset a virtual currency.

US SEC Reopens Rejected Bitwise BTC ETF For Review
sec

US SEC Reopens Rejected Bitwise BTC ETF For Review

The United States Securities and Exchange Commission (SEC) has announced that it will revisit and review its previous decision to reject Bitwise Asset Management and NYSE Arca’s filing for a Bitcoin (BTC) exchange-traded fund (ETF).

Ripple Blasted by Investor Tetragon for Playing “Word Games” in $175M Stock Buyback Lawsuit
sec

Ripple Blasted by Investor Tetragon for Playing “Word Games” in $175M Stock Buyback Lawsuit

Along with the heat Ripple is currently facing from the Securities and Exchange Commission, one of its leading investors has also turned against it.

Coinbase Will Likely Delist XRP Token as SEC Files Lawsuit Against Ripple
sec

Coinbase Will Likely Delist XRP Token as SEC Files Lawsuit Against Ripple

Coinbase has filed for an IPO and awaits the US SEC's review, the SEC is suing Ripple alleging XRP is security - Will Coinbase delist XRP before the battle even begins?

US Treasury Sanctions Two Men Accused of Laundering Crypto for North Korean Cyber Crime Syndicate
sec

US Treasury Sanctions Two Men Accused of Laundering Crypto for North Korean Cyber Crime Syndicate

The US Treasury Department Office of Foreign Asset Control has sanctioned two men believed to involved in laundering stolen cryptocurrency from a 2018 cyberattack against a cryptocurrency exchange.

Analyst Honored for Exposing South Korean Dark Web Crypto Child Pornography and Blackmail Site
sec

Analyst Honored for Exposing South Korean Dark Web Crypto Child Pornography and Blackmail Site

Criminal analyst, Kim Reece, has been named as a finalist for the Samuel J. Heyman Service to America Medal for her role in the takedown of the South Korean ‘Nth Room’ child pornography chat rooms hosting the content of Welcome to Video blackmail sex and exploitation site.

SEC Finalizes Lawsuit Against the Founder and CEO of Fraudulent ICO
sec

SEC Finalizes Lawsuit Against the Founder and CEO of Fraudulent ICO

The US Securities and Exchange Commission (SEC) has revealed that it has received a final judgment in a US district court action against Eran Eyal, the CEO and founder of Shopin token offering for carrying out an allegedly fraudulent ICO.

Ark Invest Refiles Application for Bitcoin Spot ETF Alongside 21 Shares
sec

Ark Invest Refiles Application for Bitcoin Spot ETF Alongside 21 Shares

Ark Investment Management, the investment company tagged with Cathie Wood is taking another dig at a spot Bitcoin Exchange Traded Fund (ETF) product.

XRP Trading on Kraken to be Halted as SEC Lawsuit Kills Support for Ripple in the US
sec

XRP Trading on Kraken to be Halted as SEC Lawsuit Kills Support for Ripple in the US

Kraken exchange has finally joined other cryptocurrency exchanges in announcing that XRP trading will also be temporarily halted on its platform.

US SEC Commissioner Proposes 3 Year Securities Law Exemption for Crypto Projects
sec

US SEC Commissioner Proposes 3 Year Securities Law Exemption for Crypto Projects

United States Securities and Exchange Commission (SEC) Commissioner Hester Peirce has doubled down on her recent suggestion to provide decentralized network developers a safe harbor and has now submitted a formal proposal.

Grayscale Contacts with SEC over the Securities Status of Three Trusts
sec

Grayscale Contacts with SEC over the Securities Status of Three Trusts

Grayscale Investments, a subsidiary of the Digital Currency Group (DCG) has been in contact with a staff of the United States Securities and Exchange Commission (SEC) over the definition of the status of three of its established Trusts.

Court Denies XRP Holders’ Request to Take Part in SEC-Ripple Case
sec

Court Denies XRP Holders’ Request to Take Part in SEC-Ripple Case

The court has denied the motion to intervene filed by XRP investors looking to take part in the Ripple case.

Telegram Maintains Gram is not a Security, Urges Court to Deny SEC Action
sec

Telegram Maintains Gram is not a Security, Urges Court to Deny SEC Action

Telegram, in an October 16th filing, has asked the Southern District Court of New York to deny the request by the United States Securities and Exchange Commission for a preliminary injunction on Gram, Telegram’s native cryptocurrency.

Crypto-Related Firms Should Treat Crypto Custody Arrangements as Liability: US SEC
sec

Crypto-Related Firms Should Treat Crypto Custody Arrangements as Liability: US SEC

The U.S. Securities and Exchange Commission(SEC) said cryptocurrency-related U.S.-listed companies should link those assets to arsenic liabilities and disclose the associated risks to investors, Reuters reported.

US SEC Delays Proposals for Spot Bitcoin ETFs from WisdomTree and One River
sec

US SEC Delays Proposals for Spot Bitcoin ETFs from WisdomTree and One River

The securities regulator of the U.S. SEC has yet to approve a US exchange-traded fund that invests directly in the cryptocurrency.

SEC Adopts Expedited Public Listing Review Process—Blockchain ETFs Could Qualify
sec

SEC Adopts Expedited Public Listing Review Process—Blockchain ETFs Could Qualify

The United States Securities and Exchange Commission has voted to adopt rule amendments to expedite the review procedure for companies applying for public listing, which could potentially create an expedited and cheaper application process for crypto and blockchain ETFs.

The US SEC Charges DeFi Money Market and Founders with Fraudulent $30 Million Offerings
sec

The US SEC Charges DeFi Money Market and Founders with Fraudulent $30 Million Offerings

The US Securities and Exchange Commission has issued its first case involving the decentralized finance market by charging the founders of DeFi Money market for raising $30 million through fraudulent offerings.

Crypto Investment Fraud Generates $27 Million, SEC Charges Scammers Posing as Pastors
sec

Crypto Investment Fraud Generates $27 Million, SEC Charges Scammers Posing as Pastors

The US Securities and Exchange Commission filed a complaint against three men posing as pastors who defrauded churchgoers in a cryptocurrency Ponzi scheme.

US Lawmakers Question Tron Founder Justin Sun and DLive CEO on Extremist Content Following Capitol Riots
sec

US Lawmakers Question Tron Founder Justin Sun and DLive CEO on Extremist Content Following Capitol Riots

Two U.S. lawmakers have questioned Tron founder Justin Sun and DLive CEO Charles Wayn in the wake of the Capital riots—asking them how they moderate extremist content.

SEC Reschedules Decision-Making on Bitcoin ETF Proposals
sec

SEC Reschedules Decision-Making on Bitcoin ETF Proposals

The Securities and Exchange Commission (SEC) in the United States once again delayed on deciding on the three Bitcoin exchange-traded fund (ETF) proposals according to the release of documents from the regulatory agency on Monday.

Could Twitter Bitcoin Hack Have Been Prevented? Twitter Faces Heat From SEC
sec

Could Twitter Bitcoin Hack Have Been Prevented? Twitter Faces Heat From SEC

There is ongoing speculation that the massive Bitcoin hack that overtook Twitter on July 15 could have been prevented if Twitter CEO Jack Dorsey and his multi-billion dollar social networking company had taken matters into their own hands and addressed the security concerns outlined by the Securities Exchange Commission (SEC) in 2015.

Biden Appointed SEC Chair Gary Gensler is not Going to Save Ripple's XRP Token
sec

Biden Appointed SEC Chair Gary Gensler is not Going to Save Ripple's XRP Token

Ripple CEO Brad Garlinghouse is celebrating President-elect Joe Bidens Decision to appoint Gary Gensler to SEC chair—but this will not make the lawsuit against XRP go away.

The Likelihood that Ripple Will Win the Legal Battle against the SEC over XRP May Be Promising
sec

The Likelihood that Ripple Will Win the Legal Battle against the SEC over XRP May Be Promising

As the pretrial court date between Ripple and the Securities and Exchange Commission is rapidly approaching, the outcome of XRP still remains uncertain.

Thai Regulator Files Charges Against Zipmex Executives
sec

Thai Regulator Files Charges Against Zipmex Executives

The Thailand offshoot of the beleaguered digital assets platform Zipmex might have landed itself in more trouble and this time, it is with the Thai Securities and Exchange Commission (SEC).

US SEC Delays Decision on Valkyrie Bitcoin Spot ETF Proposal Until 2022
sec

US SEC Delays Decision on Valkyrie Bitcoin Spot ETF Proposal Until 2022

The SEC has delayed its decision on the Valkyrie Bitcoin Fund until January 2022.

US Supreme Court Rules Against SEC’s Ability to Fine Crypto and Blockchain Firms
sec

US Supreme Court Rules Against SEC’s Ability to Fine Crypto and Blockchain Firms

The US Supreme court has limited the amount in punitive fines that the US Securities and Exchange Commission (SEC) can impose on cryptocurrency and blockchain firms, in a historic ruling yesterday.

Malaysia’s Securities Commission Legalizes Digital Asset and Crypto Trading
sec

Malaysia’s Securities Commission Legalizes Digital Asset and Crypto Trading

Malaysia’s Securities Commission, which is responsible for overseeing compliance with Islamic laws in finance, has allowed trading of digital assets.

Ripple Blockchain Firm to Establish Regional Headquarters in Dubai
sec

Ripple Blockchain Firm to Establish Regional Headquarters in Dubai

Amid the conflict with the SEC over its strict crypto regulatory framework, Ripple has announced that it will set up a regional office in Dubai.

US SEC Postpones Approval of Grayscale's GBTC to Spot BTC ETF Product
sec

US SEC Postpones Approval of Grayscale's GBTC to Spot BTC ETF Product

The United States Securities and Exchange Commission (SEC) has once again postponed the approval of the proposal from Grayscale Investments to convert its flagship Bitcoin Trust (GBTC) into a spot Non-Fungible Token (NFT) product.

NAC Foudation Accuses US SEC of Misleading Court in AML BitCoin Case
sec

NAC Foudation Accuses US SEC of Misleading Court in AML BitCoin Case

The legal battle between The NAC Foundation and the SEC is still far from over, and the Foundation argues that the SEC misled the court in its ongoing case against AML Bitcoin.

US SEC Releases List of Suspicious Crypto Firms Targeting International Investors
sec

US SEC Releases List of Suspicious Crypto Firms Targeting International Investors

The US SEC has issued a list of fake crypto firms that majorly target non-US investors. The regulator has warned investors to beware of “red flag” signs of potential crypto fraud.

U.S. SEC Postpones VanEck’s Bitcoin ETF Application Again
sec

U.S. SEC Postpones VanEck’s Bitcoin ETF Application Again

U.S. Securities and Exchange Commission (SEC) Wednesday once again postponed to decide the application of VanEck Bitcoin Trust’s proposed Bitcoin ETF.

SEC Chair Gensler Seeks More Funding for Regulatory Programs
sec

SEC Chair Gensler Seeks More Funding for Regulatory Programs

The US Securities and Exchange Commission is seeking additional money to fund its programmes to facilitate initiatives and cover additional costs.

UK FCA Regulator Proposes Mandatory AML Data Reports from Cryptocurrency Firms
sec

UK FCA Regulator Proposes Mandatory AML Data Reports from Cryptocurrency Firms

The United Kingdom’s Financial Conduct Authority (FCA) has proposed obligatory AML reporting requirements for crypto exchanges.

SEC Delays Decision on Overstock-Backed Security Token Exchange
sec

SEC Delays Decision on Overstock-Backed Security Token Exchange

The SEC has extended the timeline for its to disapprove or approve operations by the BSTX, a security token exchanged affiliated with Overstock’s blockchain arm tZERO.

US SEC Approves Third Bitcoin Futures ETF Application from Teucrium
sec

US SEC Approves Third Bitcoin Futures ETF Application from Teucrium

The United States Securities and Exchange Commission (SEC) has approved America’s third functional Bitcoin Exchange Traded Fund (ETF) product that tracks the futures price of the world’s largest crypto asset.

BitKub CTO Fined by Thai SEC For Insider Trading Offenses
sec

BitKub CTO Fined by Thai SEC For Insider Trading Offenses

Samret Wajanasathian, the Chief Technology Officer of BitKub, has been fined by the Thai Securities and Exchange Commission (SEC) in a rare insider trading case in the local crypto ecosystem.

Thailand's Market Watchdogs Suggest Crypto Regulation to Avoid Threatening Financial Stability
sec

Thailand's Market Watchdogs Suggest Crypto Regulation to Avoid Threatening Financial Stability

Regulators in Thailand, including The trio of the Bank of Thailand (BOT), the Securities and Exchange Commission (SEC), and the Ministry of Finance (MOF), issued a joint statement on cryptocurrencies that threaten the local financial ecosystem.

US SEC Charges “Bitcoiin2Gen” Executives with Defrauding Investors In $11.4 Million Crypto Scheme
sec

US SEC Charges “Bitcoiin2Gen” Executives with Defrauding Investors In $11.4 Million Crypto Scheme

Bitcoiin2Gen executives have been charged by the US SEC for allegedly securing millions from investors based on a crypto ICO scam shilled by Steven Seagal.

Lawsuits against Ripple Grow as XRP Investor in Florida Sues Firm
sec

Lawsuits against Ripple Grow as XRP Investor in Florida Sues Firm

The SEC lawsuit is not the only complaint that Ripple Labs is currently facing over XRP.

Who will Lead the Lawsuit against Ripple XRP? SEC Enforcement Director Steps Down
sec

Who will Lead the Lawsuit against Ripple XRP? SEC Enforcement Director Steps Down

The SEC’s Acting Director of the Division of Enforcement will conclude his tenor by the end of this month.

Ahead of The Ripple (XRP) SEC Court Date, Flare Network Declares its Support
sec

Ahead of The Ripple (XRP) SEC Court Date, Flare Network Declares its Support

The Flare Network has stated that it is not associated with Ripple, but believes XRP is a virtual currency and not a security despite the United States SEC alllegations.

Crypto Twitter Explodes as US SEC Aims to Sue Ripple For Sale of XRP Token as Securities
sec

Crypto Twitter Explodes as US SEC Aims to Sue Ripple For Sale of XRP Token as Securities

The US SEC is suing Ripple for selling its XRP token, meanwhile, Crypto Twitter has erupted with support and criticism of the less than decentralized crypto firm.

Director of National Intelligence Warns US SEC of China’s Cryptocurrency Dominance
sec

Director of National Intelligence Warns US SEC of China’s Cryptocurrency Dominance

National Intelligence Director John Ratcliffe has warned the US Securities and Exchange Commission that China’s cryptocurrency dominance could put the US at a disadvantage.

Ethereum Under Potential SEC Scrutiny after The Merge: WSJ
sec

Ethereum Under Potential SEC Scrutiny after The Merge: WSJ

Ethereum's latest software update may have caught the Securities and Exchange Commission chair's attention to categorize the second-largest crypto as a security.

Ripple Co-Founder Hints Move From US Regulation: “Blockchain and Digital Currencies are not Welcome”
sec

Ripple Co-Founder Hints Move From US Regulation: “Blockchain and Digital Currencies are not Welcome”

Ripple co-founder Chris Larsen is considering moving Ripple’s base from the United States due to crushing biased regulation.

TON Developers Threaten to Go Rogue and Launch Network as Telegram Battles SEC Lawsuit
sec

TON Developers Threaten to Go Rogue and Launch Network as Telegram Battles SEC Lawsuit

While the US Securities and Exchange Commission (SEC) may have temporarily succeeded in stopping the launch of Telegram’s TON network, can they really stop open-source technology?

Harbor Becomes First Blockchain Company to Hold Both Transfer Agent License and Brokerage License
sec

Harbor Becomes First Blockchain Company to Hold Both Transfer Agent License and Brokerage License

Harbor, a digital assets firm for security token issuance, has been granted a transfer agent license by the United States Securities and Exchange Commission.

Ripple Sued by One of Its Major Investors Demanding The Blockchain Firm Reclaim Its Stock
sec

Ripple Sued by One of Its Major Investors Demanding The Blockchain Firm Reclaim Its Stock

Things look grim for Ripple as Tetragon, a former investor in the company, has turned against it, filing a complaint against the fintech firm.

SEC Chair Calls for Open Dialogue in Pursuit of a Regulated Crypto Market
sec

SEC Chair Calls for Open Dialogue in Pursuit of a Regulated Crypto Market

Gary Gensler will call on crypto stakeholders to come and talk to the SEC at his hearing with the Senate Banking Committee on Tuesday

Winklevoss Twins' Gemini and Archax Exchange Now Licensed by UK Financial Conduct Authority
sec

Winklevoss Twins' Gemini and Archax Exchange Now Licensed by UK Financial Conduct Authority

The UK Financial Conduct Authority has granted a license to the Winklevoss twins’ Gemini cryptocurrency exchange.

SEC Commissioner Hester Peirce Wants Regulator Clarity for Crypto Innovation
sec

SEC Commissioner Hester Peirce Wants Regulator Clarity for Crypto Innovation

Hester Peirce, Commissioner of the Securities and Exchange Commission has continued her push for regulatory clarity on crypto and blockchain projects to encourage innovation in the US capital markets.

Agency Needs to Prepare Regulating Crypto, Says CFTC Chair
sec

Agency Needs to Prepare Regulating Crypto, Says CFTC Chair

Rostin Behnam, the Chairman of the Commodity Futures Trading Commission (CFTC) noted that he has directed members to start preparing to be the major regulator in the crypto industry.

Thailand’s SEC Moves to Revoke Huobi's License
sec

Thailand’s SEC Moves to Revoke Huobi's License

Thailand's SEC is about to revoke Huobi's license to operate in the country.

US SEC Releases Guidelines for Digital Asset Securities as Exchanges Scramble to Delist XRP
sec

US SEC Releases Guidelines for Digital Asset Securities as Exchanges Scramble to Delist XRP

US Securities and Exchange Commission (SEC) has issued a statement to indicate that it is open to comment from the crypto industry regarding digital asset securities.

New US CFTC Regulatory Framework to Have a Major Impact on Digital Assets
sec

New US CFTC Regulatory Framework to Have a Major Impact on Digital Assets

The new regulation by the CFTC is designed to benefit digital currencies in the era of the growing involvement of cryptocurrencies in the derivative market

Why the SEC Charged Telegram, EOS, Kik and ICORating: Are Your Cryptos Safe?
sec

Why the SEC Charged Telegram, EOS, Kik and ICORating: Are Your Cryptos Safe?

Could the SEC charge your blockchain or crypto project? Let's take a look at why Telegram, EOS, Kik, and ICORating have been charged.

CFTC Commissioner Brian Quintenz: US SEC Has No Authority Over Cryptocurrencies
sec

CFTC Commissioner Brian Quintenz: US SEC Has No Authority Over Cryptocurrencies

The recent heated debate between the US SEC officials and the CFTC over who should police crypto tokens highlights the difficulty in applying existing regulations to the nascent sector.

Malaysian Authorities to Extend Crypto Regulations to Wallet Providers
sec

Malaysian Authorities to Extend Crypto Regulations to Wallet Providers

The Malaysian Securities Commission plans to extend crypto regulations to wallet providers in the country owing to their importance in the cryptocurrency ecosystem.

Ripple's Brad Garlinghouse Maintains SEC Chair's Stance on Crypto is Not Clear
sec

Ripple's Brad Garlinghouse Maintains SEC Chair's Stance on Crypto is Not Clear

Ripple CEO Brad Garlinghouse has maintained that the SEC boss did not clarify crypto laws at his hearing with the US Senate.

Telegram Resists the SEC Court Order to Reveal Financial Details of 2018 ICO
sec

Telegram Resists the SEC Court Order to Reveal Financial Details of 2018 ICO

Telegram’s blockchain launch of TON faces delays as the recent court order by US Lawmakers requires the company to hand over documentation regarding the spending of their raised funds via ICO.

US SEC Wins Lawsuit Against Kik’s $100 Million Unregistered ICO
sec

US SEC Wins Lawsuit Against Kik’s $100 Million Unregistered ICO

US Judge Alvin Hellerstein rules in favor of the Securities and Exchange Commission in the regulator's lawsuit against Kik’s 100 million 2017 ICO.

SEC Chair Gary Gensler Asks Congress to Regulate Crypto Exchanges
sec

SEC Chair Gary Gensler Asks Congress to Regulate Crypto Exchanges

Gary Gensler, the chairman of the SEC, has urged US Congress to create a regulatory framework for crypto exchanges in the United States.

ASIC Bans BitConnect National Executive for His Part in Multi-Billion Dollar Crypto Ponzi Scheme
sec

ASIC Bans BitConnect National Executive for His Part in Multi-Billion Dollar Crypto Ponzi Scheme

Australian Securities and Investments Commission (ASIC) has officially banned a former National Representative of BitConnect from providing financial services for seven years.

What Happened: US Committee Hearing with the SEC on Crypto and Libra
sec

What Happened: US Committee Hearing with the SEC on Crypto and Libra

The United States House of Representatives Financial Services Committee held a hearing on Sept. 24 with the Securities and Exchange Commission’s (SEC) five commissioners. Vital topics covered in the hearing include the consideration of cryptocurrencies as securities, regulation of Facebook’s Libra and Calibra, and insider trading.

US SEC Likely to Delay Bitcoin Futures ETFs Until 2022: CFRA Investment Research Firm
sec

US SEC Likely to Delay Bitcoin Futures ETFs Until 2022: CFRA Investment Research Firm

According to CFRA ETF and mutual research firm, the US SEC is likely to delay decisions on whether to approve applications of Bitcoin futures ETFs until 2022.

Ripple’s Lobbying Efforts in 2020 to Improve Crypto Regulation May Have Been in Vain
sec

Ripple’s Lobbying Efforts in 2020 to Improve Crypto Regulation May Have Been in Vain

Ripple ran the cryptocurrency industry’s most expensive lobbying program in 2020, appealing to legislators to reconsider how crypto was regulated.

Grayscale Files Form 10 with SEC for its 3 Trusts
sec

Grayscale Files Form 10 with SEC for its 3 Trusts

Grayscale has filed a Form 10 on behalf of Horizen Trust, Stellar Lumens Trust, and Zcash Trust to become the company’s products designated as investment vehicles reporting to the SEC.

Grayscale Bitcoin Trust Files to Become First Fund to Report to SEC
sec

Grayscale Bitcoin Trust Files to Become First Fund to Report to SEC

Grayscale Bitcoin Trust (GBTC) has positioned itself to become the first cryptocurrency investment fund to achieve a reporting status to the United States Securities and Exchange Commission (SEC).

SEC Rejects Application for Physical Bitcoin ETF from Ark 21Shares
sec

SEC Rejects Application for Physical Bitcoin ETF from Ark 21Shares

So far, the SEC has not approved an application for a spot Bitcoin ETF. The latest rejection involves a Bitcoin ETF filed by Ark 21Shares.

Arca Digital Asset Investment Firm Gets Approval from SEC to Tokenize US Treasury Bonds
sec

Arca Digital Asset Investment Firm Gets Approval from SEC to Tokenize US Treasury Bonds

Los Angeles-based digital asset investment firm Arca has launched trading for its new digitized security investment product that runs on the Ethereum blockchain.

Crypto Leaders Praise United States SEC Inclusive Accredited Investor Definition, Some Think Its Not Enough
sec

Crypto Leaders Praise United States SEC Inclusive Accredited Investor Definition, Some Think Its Not Enough

Is the SEC's new accredited investor rule inclusive enough? Crypto industry leaders debate.

SEC Arguments against Ripple for XRP Case Are Weak, says Law Official
sec

SEC Arguments against Ripple for XRP Case Are Weak, says Law Official

With the pretrial for the SEC lawsuit against Ripple Labs looming, a joint letter has been presented by both parties to lay out arguments for the case.

Janet Yellen Urges Regulators to Move Fast on Regulating Stablecoin Rules
sec

Janet Yellen Urges Regulators to Move Fast on Regulating Stablecoin Rules

US Treasury Secretary Janet Yellen pushed top US financial regulators to speed up regulations of stablecoin cryptocurrencies.

Malaysia’s Financial Regulator Says Binance is Not Authorized to Operate in the Country
sec

Malaysia’s Financial Regulator Says Binance is Not Authorized to Operate in the Country

The Securities Commission (SC) of Malaysia, the country’s financial regulator, has announced that Binance cryptocurrency exchange is not unauthorized to operate in the country. The financial watchdog has, therefore, put the crypto exchange on the list of unlicensed companies.

What to Expect for Ripple and The SEC’s Pretrial over XRP Cryptocurrency
sec

What to Expect for Ripple and The SEC’s Pretrial over XRP Cryptocurrency

The outcome of the SEC case against Ripple will have huge repercussions for the crypto industry, and it may pave the way for how other cryptocurrencies are regulated in the United States.

Heads of SEC, CFTC and FinCEN Jointly Warn Crypto Industry to Follow Regulations
sec

Heads of SEC, CFTC and FinCEN Jointly Warn Crypto Industry to Follow Regulations

The heads of the three major US financial regulators have issued a joint statement warning the cryptocurrency industry to adhere to banking regulations in the development of digital assets.

US SEC and FINRA Issued Latest Custody Guidance on Digital Assets Securities
sec

US SEC and FINRA Issued Latest Custody Guidance on Digital Assets Securities

The United States Securities and Exchange Commission (SEC) and the Financial Industry Regulatory Authority (FINRA) issued a statement addressing regulatory issues regarding the custody of digital asset securities on 8 July.

CFTC Slams Kraken with $1.25M for Illegal Market Operations
sec

CFTC Slams Kraken with $1.25M for Illegal Market Operations

The CFTC says Kraken has been fined and is required to pay the sum of $1.25 million for illegally offering margined retail commodity transactions in digital assets

Gary Gensler Reiterates US SEC’s Support for Bitcoin Futures ETFs
sec

Gary Gensler Reiterates US SEC’s Support for Bitcoin Futures ETFs

The US SEC sees Bitcoin Futures ETFs as an area of market that provides better protection for investors looking to get exposure to the cryptocurrency.

Kim Kardashian Charged $1.2M by the SEC For EthereumMax Promotion
sec

Kim Kardashian Charged $1.2M by the SEC For EthereumMax Promotion

American TV reality superstar, Kim Kardashian has been charged by the United States Securities Commission (SEC) for the promotion of EMAX Token, the native coin of the EthereumMax protocol

9 Cryptos Named as Securities by SEC amid Coinbase Insider Trading Charges
sec

9 Cryptos Named as Securities by SEC amid Coinbase Insider Trading Charges

The US SEC listed nine cryptocurrencies as securities in response to the first-ever insider trading case involving crypto tokens against a former Coinbase employee.

SEC to Give "Careful Consideration" to Concern about Spot BTC ETFs: Gensler
sec

SEC to Give "Careful Consideration" to Concern about Spot BTC ETFs: Gensler

Gary Gensler, Chairman of the United States Securities and Exchange Commission (SEC), has promised to give a “Careful Consideration” about spot Bitcoin Exchange Traded Products (ETPs).

Telegram Prohibited from Issuing Gram Tokens as US Court Grants SEC's Injunction
sec

Telegram Prohibited from Issuing Gram Tokens as US Court Grants SEC's Injunction

A United States District Court has sided with the US Securities and Exchange Commission (SEC) granting an injunction against Telegram to to temporarily prevent the company from issuing its Gram tokens.

US SEC Lists Priorities for Crypto Examination in 2020
sec

US SEC Lists Priorities for Crypto Examination in 2020

The SEC’s Office of Compliance Inspections and Examinations (OCIE) has published a list of its 2020 Examination Priorities and cites ongoing risks surrounding digital assets and their transfer agents for US retail investors.

SEC Commissioner Hester Peirce Confirmed for Second Term By US Senate, Crypto Mom Will Remain Until 2025
sec

SEC Commissioner Hester Peirce Confirmed for Second Term By US Senate, Crypto Mom Will Remain Until 2025

The United States Senate has voted in Commissioner Hester Peirce of the Securities and Exchange Commission for a second term that will see her remain with the regulator until 2025.

SEC Charges App Developer Abra for Unregistered Security-Based Swaps
sec

SEC Charges App Developer Abra for Unregistered Security-Based Swaps

Abra and Plutus Tech have agreed to a cease-and-desist order and a combined penalty of $150,000 after being charged by the Securities and Exchange Commission for selling unregistered security-based swaps to investors in 2019.

Steven Seagal Under Siege from US SEC for Shilling 2018 ICO
sec

Steven Seagal Under Siege from US SEC for Shilling 2018 ICO

Iconic 90s martial arts film star Steven Seagal has come under siege from the US Securities and Exchange Commission (SEC) who have made an executive decision to show the Aikido master that he is not above the law for his involvement in the Bitcoiin2Gen ICO of 2018.

Canadian Regulator Charges Coinsquare Executives For Crypto Market Manipulation
sec

Canadian Regulator Charges Coinsquare Executives For Crypto Market Manipulation

Coinsquare executives have resigned following a settlement with the Ontario Securities Commission.

DeFi Exchange Developer Uniswap Labs Under Investigations by The US SEC
sec

DeFi Exchange Developer Uniswap Labs Under Investigations by The US SEC

The US SEC is investigating the world’s largest decentralized finance exchange, Uniswap. The move is part of the regulator’s wider efforts to monitor and regulate DeFi projects.

Enigma Settles With US SEC Over Unregistered 2017 ICO
sec

Enigma Settles With US SEC Over Unregistered 2017 ICO

The US Securities and Exchange Commission (SEC) recently announced it has settled charges against blockchain startup Enigma MPC.

Ripple Investor’s Request to Recuperate Its $175M Stock Investment Is Denied by the Court
sec

Ripple Investor’s Request to Recuperate Its $175M Stock Investment Is Denied by the Court

The Delaware court has ruled that Ripple shareholder Tetragon will not be able to reclaim its Ripple equity in cash.

Thai SEC Bars Crypto Staking & Lender Services after Zipmex’s Bankruptcy
sec

Thai SEC Bars Crypto Staking & Lender Services after Zipmex’s Bankruptcy

Thai regulator has banned digital asset operators from offering crypto depository services that pay returns to depositors to protect traders and the public from service providers’ business risks.

Thailand SEC Revises its Net Capital Rules In Favor of Crypto Backed Firms
sec

Thailand SEC Revises its Net Capital Rules In Favor of Crypto Backed Firms

Thailand’s Securities and Exchange Commission has made an upward review of its net capital requirement for the securities firm in the country with crypto ties.

SEC Chair Jay Clayton to Leave the Commission by Year End—Implications for the Future of Crypto
sec

SEC Chair Jay Clayton to Leave the Commission by Year End—Implications for the Future of Crypto

SEC's Jay Clayton is set to leave the commission by year-end after three and a half years in office. What could this mean for the crypto industry?

VanEck, SolidX to Sell ‘Limited’ Bitcoin ETF to Institutions
sec

VanEck, SolidX to Sell ‘Limited’ Bitcoin ETF to Institutions

VanEck and Solid X revealed that they have a workaround to bypass regulatory issues and are using an SEC exemption that will allow their product to be offered to institutions such as hedge funds and banks, but not to retail investors.

Department of Homeland Security (DHS) Trials Blockchain Solution for Canadian Borders
sec

Department of Homeland Security (DHS) Trials Blockchain Solution for Canadian Borders

Department of Homeland Security (DHS) trials Blockchain solution for Canadian borders - Works with Customs Direct, a partner with blockchain expert Morpheus.Network, to fast track multiple Proof of Concepts (POCs).

Telegram Appeals Federal Court Injunction to Stop Gram Distribution
sec

Telegram Appeals Federal Court Injunction to Stop Gram Distribution

Telegram has filed an appeal to yesterday’s ruling by a United Stated federal court in favour of the US Securities and Exchange Commission (SEC) which has prohibited the issuance of Gram tokens for the time being.

Crypto Mom Flags New Proposal From SEC as Harmful for the DeFi Ecosystem
sec

Crypto Mom Flags New Proposal From SEC as Harmful for the DeFi Ecosystem

Hester Peirce, popularly known in the digital currency ecosystem as “Crypto Mom” has issued a note of warning that a new proposal from the commission can significantly hurt the Decentralized Finance (DeFi) ecosystem.

US Court Indicts Alleged Lazarus Group Members in $250 Million Crypto Exchange Theft
sec

US Court Indicts Alleged Lazarus Group Members in $250 Million Crypto Exchange Theft

Two Chinese nationals, Tian YinYin and Li Jiadong were sanctioned yesterday by the US Government yesterday for their alleged involvement in laundering stolen cryptocurrency from a 2018 cyberattack. The pair have been charged with stealing nearly $250 million in virtual assets and laundering the money through converting BTC to USD and Chinese Yuan as well as through iTunes gift cards.

Hidden Road Partners in Big Talks With Top Firms to Provide Access to Trade or Hedge Crypto Risks
sec

Hidden Road Partners in Big Talks With Top Firms to Provide Access to Trade or Hedge Crypto Risks

Hidden Road Partners is in talks with hedge funds and many of the top 20 global banks about providing access to trade or hedging their crypto risks, Bloomberg reported citing executives at the firm.

Peertec Joins Hands with Penta Security for Blockchain-Enabled Infrastructural Security
sec

Peertec Joins Hands with Penta Security for Blockchain-Enabled Infrastructural Security

Peertec, a leading blockchain-focused fintech firm, has revealed its strategic collaboration with Penta Security, a highly valued web and data security company. The partnership is expected to boost Peertec’s infrastructure security using blockchain technology. The safety of its GDAC cryptocurrency exchange and services is also expected to be strengthened.

First Ever Blockchain-Based IPO Launches on National Stock Exchange
sec

First Ever Blockchain-Based IPO Launches on National Stock Exchange

The shares are available on the MERJ exchange platform as well as through broker-dealer Jumpstart and crypto custodian Prime Trust, which are both based in the US and via Globacap.

SEC New Accredited Investor Definition Could Increase Access to Certain Crypto-Related Products
sec

SEC New Accredited Investor Definition Could Increase Access to Certain Crypto-Related Products

The United States Securities and Exchange Commission (SEC) is looking to allow more individuals and entities to participate in private capital markets.

Tik Tok Pushes Harder for Blockchain Despite Vulnerabilities in Core System
sec

Tik Tok Pushes Harder for Blockchain Despite Vulnerabilities in Core System

Hundreds of millions of users are using Tik Tok, meaning that any breach of data could lead to serious vulnerabilities for users and the company.

Crypto Investors Unable to Access Their Money: 8 Things to Consider Before Investing in Cryptocurrency
sec

Crypto Investors Unable to Access Their Money: 8 Things to Consider Before Investing in Cryptocurrency

On Tuesday, the News York Times reported about frustrated crypto investors demanding their money back. But things are thick than expected. The situation reflects similar cases in which many cryptocurrency investors frequently fall into trap each year. The article, therefore, highlights important things that crypto investors should think about before investing in cryptocurrency.

Telegram to Release Financial Statements to the SEC in Gram Token ICO Case
sec

Telegram to Release Financial Statements to the SEC in Gram Token ICO Case

The United States Securities Exchange Commission (SEC) has asked Telegram to release its financial statements, which includes bank records as the regulator believes will prove the misconduct in the $1.7 billion offering of Gram tokens.

Telegram Abandons TON and Gram Tokens, Durov Critical of US Regulating Whole World
sec

Telegram Abandons TON and Gram Tokens, Durov Critical of US Regulating Whole World

Telegram CEO Pavel Durov has announced that they are calling it quits on the Telegram Open Network (TON) and its Gram tokens after a drawn-out battle with the United States Securities and Exchange Commission.

What are the 7 Key Takeaways from Facebook's Libra Hearings?
sec

What are the 7 Key Takeaways from Facebook's Libra Hearings?

The debate on Facebook's Libra continues with the hearing with Senate Banking Committee on 16 July and the United States House Committee of Financial Services on 17 July. Here are the 7 key takeaways from the two hearings.

Malaysia’s Securities Commission Touts Cryptocurrency’s Potential Amid a COVID-19 Digital Normal
sec

Malaysia’s Securities Commission Touts Cryptocurrency’s Potential Amid a COVID-19 Digital Normal

The Securities Commission of Malaysia backs cryptocurrency use and says it has great potential, despite a lack of understanding regarding digital assets in the country.

SEC Sues Ripple for Sale of “$1.3 Billion Unregistered Securities” as Crypto Leaders Debate over XRP
sec

SEC Sues Ripple for Sale of “$1.3 Billion Unregistered Securities” as Crypto Leaders Debate over XRP

The SEC has filed a lawsuit against Ripple Labs Inc. for offering unregistered “digital asset securities” through which $1.3 billion was raised.

SBI Holdings Supports Ripple, says that XRP is not a Security in Japan
sec

SBI Holdings Supports Ripple, says that XRP is not a Security in Japan

While many in the crypto industry have moved away from XRP, SBI Holdings has made it clear that it is still a firm supporter of Ripple.

Billionaire Paul Tudor Jones Looks to Buy Bitcoin as A Portfolio Hedge Against Inflation – Here's Why
sec

Billionaire Paul Tudor Jones Looks to Buy Bitcoin as A Portfolio Hedge Against Inflation – Here's Why

According to Bloomberg's report on Thursday, billionaire hedge fund manager Paul Tudor Jones is buying Bitcoin to hedge against inflation as central banks across the world print money to relieve economies affected by coronavirus pandemic. Tudor is one of Wall Street’s most seasoned and successful hedge fund managers. He is the CEO and founder of Tudor Investment Corp, which is a hedge fund company that managed $8.4 billion as of March 30, based on data from the SEC (Securities and Exchange Commission).

Ripple Addresses “Unproven Allegations” from SEC Lawsuit as Crypto.com Shuns XRP
sec

Ripple Addresses “Unproven Allegations” from SEC Lawsuit as Crypto.com Shuns XRP

With the Securities and Exchange Commission (SEC)’s lawsuit hanging over Ripple, Crypto.com has also chosen to delist XRP, effective on January 19, 2021.

Telegram Tells US Investors to Leave TON Blockchain Project and Take 72% Refund
sec

Telegram Tells US Investors to Leave TON Blockchain Project and Take 72% Refund

Telegram now says US investors won’t get 110% refund and tells them to leave its blockchain TON project.

XRP Status Classified as Unclear,  Meanwhile Analysts Say XRP Price Could Jump to $0.30
sec

XRP Status Classified as Unclear, Meanwhile Analysts Say XRP Price Could Jump to $0.30

The US Commodities and Futures Trading Commission (CFTC) Chairman Heath Tarbert indicated in an interview that the status of XRP has been classified as unclear. He said, “It’s unclear. Stay tuned I’d say. Part of the issue is that our jurisdiction we share with the SEC (Securities and Exchange Commission). If it’s a security, it falls under their jurisdiction. If it’s a commodity, it falls under ours.”

Marketlend Launches New Stablecoin Against the Australian Dollar for Security Token Purchasing
sec

Marketlend Launches New Stablecoin Against the Australian Dollar for Security Token Purchasing

Marketlend creates a digital currency to be backed by the Australian dollars to create a secondary market for corporate loans prompting a means through which assets can be tokenized over the blockchain.

SEC Fights Telegram on Gram Token Sale at US Court Battle
sec

SEC Fights Telegram on Gram Token Sale at US Court Battle

The cryptocurrency and blockchain community have been closely watching the court case between the United States Securities and Exchange Commission and Telegram over the legality of the latter’s $1.7 billion token offering.

Former SEC Chair Jay Clayton Joins Crypto Advisory Board
sec

Former SEC Chair Jay Clayton Joins Crypto Advisory Board

Former SEC Chairman Jay Clayton has taken up an advisory role with crypto firm One River Digital Asset Management.

Australian Judge Allows Plaintiff to Use Bitcoin as Collateral Bond
sec

Australian Judge Allows Plaintiff to Use Bitcoin as Collateral Bond

In Australia, a New South Wales (NSW) court has allowed a cryptocurrency exchange account to be used as a collateral bond for legal costs.

First Crypto Fund Approved by Hong Kong’s Financial Regulator Aims to Pass $100M in its First Year
sec

First Crypto Fund Approved by Hong Kong’s Financial Regulator Aims to Pass $100M in its First Year

Hong Kong’s first approved cryptocurrency fund, Arrano Capital, the blockchain arm of Venture Smart Asia announced its rollout of a new Bitcoin fund in Hong Kong.

Why Cryptocurrency Exchanges Still Supporting XRP May Be Forced to Delist The Token Soon
sec

Why Cryptocurrency Exchanges Still Supporting XRP May Be Forced to Delist The Token Soon

The cryptocurrency exchanges that are still supporting XRP and have not yet moved to delist it may be forced to do so eventually.

Token Taxonomy Act that Will Exempt Cryptocurrencies from Securities Laws Reintroduced in US Congress
sec

Token Taxonomy Act that Will Exempt Cryptocurrencies from Securities Laws Reintroduced in US Congress

A crypto bill suggesting that certain cryptocurrencies should be exempted from securities laws has been reintroduced to US Congress for review.

tZERO Partners With Alliance Investments to Tokenize $25M Real Estate Project in UK
sec

tZERO Partners With Alliance Investments to Tokenize $25M Real Estate Project in UK

tZERO has announced that it has collaborated with Alliance Investments for the sole aim of tokenising River Plaza worth around $25 million.

Ukrainian Security Department And Law Enforcement Uncover a Crypto Mining Farm in a Railway Subdivision in Lviv
sec

Ukrainian Security Department And Law Enforcement Uncover a Crypto Mining Farm in a Railway Subdivision in Lviv

According to a report, Ukrzaliznytsia has uncovered a hidden cryptocurrency mining farm in the Lviv railway subdivision, which has been making use of the country’s electricity without paying for it. This secret mining company was discovered by Ukrzaliznytsia's security department, in conjunction with law enforcement officials.

Mastercard to Float New Compliance Product alongside CipherTrace
sec

Mastercard to Float New Compliance Product alongside CipherTrace

Mastercard has partnered with its newly acquired subsidiary, CipherTrace, to launch a new product called Crypto Secure, helping banks assess the risk of crime associated with crypto merchants on its network.

Banking on Blockchain: ICBC Releases First-Ever White Paper on Blockchain for the Financial Sector
sec

Banking on Blockchain: ICBC Releases First-Ever White Paper on Blockchain for the Financial Sector

One of China's major banks, the Industrial and Commercial Bank of China (ICBC) has released its white paper on blockchain-based applications in the financial sector. The document is the first white paper related to blockchain technology in the financial industry. The paper also highlights the present challenges faced by the banking sector.

Gary Gensler Confirmed as Chairman of the SEC, What This Means for Crypto
sec

Gary Gensler Confirmed as Chairman of the SEC, What This Means for Crypto

Gary Gensler has been confirmed to the role of chairman of the Securities and Exchange Commission.

ASIFMA: Tokenized Securities Might Bridge the Current Mainstream Finance with the New Digital World
sec

ASIFMA: Tokenized Securities Might Bridge the Current Mainstream Finance with the New Digital World

ASIFMA (the Asia Securities Industry & Financial Markets Associations) has availed a new white paper that reveals a roadmap for regulators and market participants on tokenized securities.

XRP Pushes above Critical Level as Ripple Faces Lawsuit Heat
sec

XRP Pushes above Critical Level as Ripple Faces Lawsuit Heat

Against all odds, the current bull market has also benefitted XRP, sending it above the $0.50 level.

MUFG Seeks Seamless Automatic Securities Settlement via Blockchain
sec

MUFG Seeks Seamless Automatic Securities Settlement via Blockchain

MUFG (Mitsubishi UFJ Financial Group), one of Japan’s biggest banking institutions, has announced the establishment of an ST (Security Token) Research Consortium intended at protecting investors’ rights, as well as offering fund settlement and seamless automatic securities settlement via blockchain.

Hypervine Pilots Blockchain-Enabled Satellite Data Project to Curb Climate Impact of Mining Sector
sec

Hypervine Pilots Blockchain-Enabled Satellite Data Project to Curb Climate Impact of Mining Sector

Hypervine, a blockchain construction company based in Glasgow, Scotland, has revealed the kicking off of a blockchain-powered project that will utilize satellite data to boost efficiency in the mining industry. Expressly, it will be funded by the European Space Agency (ESA).

Crypto Clarity for Ripple's XRP not only Missing in the US but also in India
sec

Crypto Clarity for Ripple's XRP not only Missing in the US but also in India

Ripple faces regulatory hurdles for XRP in the United States, but that may not be the only place where XRP operations are not welcome.

Senior Worker at Bithumb Triggered Hacking Vulnerability
sec

Senior Worker at Bithumb Triggered Hacking Vulnerability

A senior worker at Bithumb, a leading South Korean crypto exchange, is in a tight spot after a Korean court discovered that he is liable for web safety legislation breaches. As a result, his misdeeds made the crypto exchange vulnerable to a 2017 hack that led to the loss of cryptocurrency holdings worth $6 million USD.

Binance US Joins Exchanges to Delist XRP Token as Price Downfall Dubbed "Third Largest Collapse of All Time"
sec

Binance US Joins Exchanges to Delist XRP Token as Price Downfall Dubbed "Third Largest Collapse of All Time"

Binance US has joined the growing list of cryptocurrency exchanges to announce that they will be delisting XRP.

Samsung Securities Files Paperwork to Launch A Crypto Exchange
sec

Samsung Securities Files Paperwork to Launch A Crypto Exchange

Samsung Securities is one of the seven major South Korean securities companies planning to establish cryptocurrency exchanges in the first six months of next year.

Couple Charged by the SEC for Defrauding 500 Investors in Fraudulent Water-Backed Cryptocurrency Scheme
sec

Couple Charged by the SEC for Defrauding 500 Investors in Fraudulent Water-Backed Cryptocurrency Scheme

The Securities and Exchange Commission (SEC) has persecuted a former Texan pastor and his spouse for allegedly conning hundreds of innocent investors. The SEC said that the Texas couple used alkaline water-backed crypto, TeshuaCoin, to con the investors.

Hong Kong IFEC Warns Against Trading on Illegal and Foreign Platforms for Virtual Assets
sec

Hong Kong IFEC Warns Against Trading on Illegal and Foreign Platforms for Virtual Assets

The investor and Financial Education Council (IFEC), a public organisation under the Securities and Futures Commission (SFC), has issued a warning regarding the potential risks connected to unlicensed and foreign virtual asset trading platforms.

Gemini Is Giving Away 4,000 Ripple XRP Every Day at 3 pm EST
sec

Gemini Is Giving Away 4,000 Ripple XRP Every Day at 3 pm EST

Gemini is hosting an XRP giveaway, dubbed the 'XRP Faucet,' from Aug 11-18, 2023. Eligible U.S. residents with verified accounts can participate daily.

Circle Denies Receiving 'Wells Notice' Over USDC
sec

Circle Denies Receiving 'Wells Notice' Over USDC

Circle's CSO refused SEC Wells notices for its USDC token.

Paxos Discusses BUSD Stablecoin With SEC Following Wells
sec

Paxos Discusses BUSD Stablecoin With SEC Following Wells

Paxos CEO Charles Cascarilla said the business was "engaged in productive negotiations" with the SEC and will continue to communicate privately.

Crypto Lawyers Dispute SEC Chief's Jurisdiction Claims
sec

Crypto Lawyers Dispute SEC Chief's Jurisdiction Claims

Lawyers for the cryptocurrency industry have challenged recent comments made by the Chairman of the Securities and Exchange Commission (SEC), Gary Gensler, in which he claimed that all cryptocurrencies except Bitcoin fall under the agency's jurisdiction. The lawyers argue that the SEC must prove its case in court for each token individually before it can claim jurisdiction over them.

Vitalik Buterin Explores Ethereum Protocol Enhancement Strategies
sec

Vitalik Buterin Explores Ethereum Protocol Enhancement Strategies

Ethereum's co-founder, Vitalik Buterin, reflects on Ethereum's protocol enhancement strategies in a recent blog post, weighing the merits of a minimalistic approach versus enshrining more features into the core protocol to address various user needs and system efficiencies. The discussion encompasses account abstraction challenges, the shift towards enshrinement, and the exploration of specific enshrinement targets like ZK-EVMs, proposer-builder separation, private mempools, liquid staking, and precompiles.

Taiwanese Singer Chen Lingjiu Implicated in JPEX Cryptocurrency Fraud Case
sec

Taiwanese Singer Chen Lingjiu Implicated in JPEX Cryptocurrency Fraud Case

Taiwanese singer Chen Lingjiu faces fraud case involving JPEX, highlighting potential pitfalls of celebrity endorsements in cryptocurrency investments and the need for robust regulatory measures.

SEC to Keep Close Watch on Crypto Brokers and Advisers
sec

SEC to Keep Close Watch on Crypto Brokers and Advisers

The SEC stated the 2023 review goals would ensure crypto brokers and advisors follow "respectful standards of care."

Secret Network Announces Partnership with Modular Settlement Layer dYmension
sec

Secret Network Announces Partnership with Modular Settlement Layer dYmension

Secret Network announced a partnership with dYmension, which will provide the tools and infrastructure to network and aggregate Cosmos ecosystem layer 2 data, reducing the pressure on on-site traffic and expanding derivability.

Hong Kong Embraces Web3 Despite Crypto Market Volatility
sec

Hong Kong Embraces Web3 Despite Crypto Market Volatility

Hong Kong's financial secretary, Paul Chan, has emphasized the need for the city to embrace Web3 technology, despite the fluctuations in the crypto market. Chan has proposed a strategy that focuses on proper regulation and promoting development to facilitate Web3's steady growth. He also noted that Hong Kong plans to prioritize financial security, prevent systemic risks, and focus on investor education and protection. The region's approach to crypto regulation contrasts with that of the United States, which has adopted a more hardline response to the industry.

Long-Term Bitcoin Holders Unfazed by Recent SEC Accusations Against Binance and Coinbase
sec

Long-Term Bitcoin Holders Unfazed by Recent SEC Accusations Against Binance and Coinbase

Data provided by Glassnode reveals that the percentage of Bitcoin supply sent to trading platforms by long-term holders accounts for a mere 0.004% of the total. This figure underscores the significant inactivity of long-term Bitcoin holders amid intensifying market pressures, demonstrating an apparent indifference to the regulatory accusations faced by leading cryptocurrency exchanges, Binance and Coinbase.

Atomic Wallet Prevails in $100 Million Hack Lawsuit Dismissal
sec

Atomic Wallet Prevails in $100 Million Hack Lawsuit Dismissal

Atomic Wallet has won a dismissal in a $100 million class-action lawsuit related to a hack, citing lack of jurisdiction over the Estonia-based company.

Hong Kong-Based OSL Digital Securities Receives License Uplift to Enable Retail Trading of Bitcoin and Ethereum
sec

Hong Kong-Based OSL Digital Securities Receives License Uplift to Enable Retail Trading of Bitcoin and Ethereum

OSL Digital Securities Limited ("OSL Digital Securities"), a wholly-owned subsidiary of BC Technology Group Limited (Stock Code: 863), has been granted an uplift to its existing license by the Securities and Futures Commission (SFC) of Hong Kong.

Binance Faces Scrutiny Over Switzerland-Based Sigma Chain in Latest SEC Filing
sec

Binance Faces Scrutiny Over Switzerland-Based Sigma Chain in Latest SEC Filing

In the latest court filing by the US Securities and Exchange Commission (SEC) against Binance, the Switzerland-registered crypto-asset trading company, Sigma Chain, is under scrutiny.

INX to Issue SEC-Regulated CCNA Token, Emphasizing 'Future of Green Automotive Transportation and Logistics' Concept
sec

INX to Issue SEC-Regulated CCNA Token, Emphasizing 'Future of Green Automotive Transportation and Logistics' Concept

INX Digital Company, Inc., a US-regulated broker-dealer, ATS, and transfer agent, announced on July 5, 2023, its facilitation of the primary capital raise and issuance of Convertible Concepts Corporation's CCNA Token.

SEC Files Lawsuit Against MetaMask Owner ConsenSys Over Unregistered Crypto Transactions
sec

SEC Files Lawsuit Against MetaMask Owner ConsenSys Over Unregistered Crypto Transactions

The US SEC has filed a lawsuit against ConsenSys, a blockchain software company, for violating federal securities laws by offering unregistered securities through its MetaMask Swaps and Staking platforms, facilitating 36 million crypto asset transactions.

Solana Foundation Responds to SEC's Security Classification of SOL Token
sec

Solana Foundation Responds to SEC's Security Classification of SOL Token

The Solana Foundation has publicly objected to the United States Securities and Exchange Commission's (SEC) recent classification of its native cryptocurrency, Solana (SOL), as a security.

Tencent Report: Leading AI Innovation with Responsible Safety and Ethical Practices
sec

Tencent Report: Leading AI Innovation with Responsible Safety and Ethical Practices

Tencent's report emphasizes its commitment to responsible AI, emphasizing safety and ethical practices in large models, highlighting strategies for model security, value alignment, and ethical considerations.

Thailand SEC Considers Ban on Crypto Staking and Lending
sec

Thailand SEC Considers Ban on Crypto Staking and Lending

Thailand's SEC is seeking public comments on a draft regulation that would ban virtual asset service providers from offering or engaging in any crypto staking or lending activities.

SEC Settles DWAC Fraud Charges Over Merger with Former President Trump's Company
sec

SEC Settles DWAC Fraud Charges Over Merger with Former President Trump's Company

SEC settles fraud charges with DWAC over undisclosed plans to merge with Trump's TMTG. DWAC to pay $18M penalty if merger closes.

Trezor Strengthens Security Measures Amid Phishing Concerns
sec

Trezor Strengthens Security Measures Amid Phishing Concerns

Trezor recently faced a security breach in its third-party support ticketing portal, potentially affecting 66,000 users. While user funds and device security remain secure, the incident raises concerns over increased phishing risks.

Polygon Labs Critiques SEC Proposed Rulemaking That Threatens Permissionless Blockchain Networks
sec

Polygon Labs Critiques SEC Proposed Rulemaking That Threatens Permissionless Blockchain Networks

Polygon Labs, the leading blockchain technology firm, issued a response today to a proposed rule from the Securities and Exchange Commission (SEC) that redefines the term "exchange."

Genesis Agrees to $21 Million SEC Settlement in Bankruptcy Resolution Effort
sec

Genesis Agrees to $21 Million SEC Settlement in Bankruptcy Resolution Effort

Genesis Global settles with the SEC for $21 million over unregistered securities sales allegations, aiming to mitigate legal challenges and focus on repaying customers amid bankruptcy proceedings. The agreement, pending a February 14 hearing, marks a significant step towards resolving the company's financial and legal hurdles.

Wakweli and Polygon Partner for NFT Authentication
sec

Wakweli and Polygon Partner for NFT Authentication

Web3 protocol Wakweli has partnered with layer-2 scaling platform Polygon to offer certification of authenticity for NFTs. The partnership will allow all digital assets on Polygon to be compatible with Wakweli's certification system, enhancing the security of the digital ecosystem. Wakweli's testnet will be available in April, with alpha testing with Polygon's mainnet set to begin in Q2 2023.

BOCI and UBS Partner to Issue First Tokenized Security in Hong Kong
sec

BOCI and UBS Partner to Issue First Tokenized Security in Hong Kong

BOCI, a leading Chinese financial institution, has issued the first tokenized security in Hong Kong, reaching a milestone in digital finance.

Blazar Token Scam: Former New Jersey Corrections Officer Charged by SEC
sec

Blazar Token Scam: Former New Jersey Corrections Officer Charged by SEC

Former New Jersey State Correctional Police Officer John A. DeSalvo has been charged with fraudulently raising funds through the unregistered offering of the Blazar Token, a crypto asset security. The token, which collapsed in May 2022, was marketed as a replacement for state pension systems. DeSalvo misused investor funds, transferring a large portion to his personal wallets.

FINRA's 2024 Oversight Report Emphasizes Crypto Asset Compliance
sec

FINRA's 2024 Oversight Report Emphasizes Crypto Asset Compliance

FINRA's 2024 Regulatory Oversight Report emphasizes compliance in crypto asset activities, emphasizing cybersecurity, anti-money laundering protocols, and transparent reporting, reflecting its commitment to guiding members in the evolving cryptocurrency world.

SEC's XRP and Grayscale Bitcoin ETF Cases Challenged by US House Majority Whip Tom Emme
sec

SEC's XRP and Grayscale Bitcoin ETF Cases Challenged by US House Majority Whip Tom Emme

House Majority Whip Tom Emmer criticizes the US Securities and Exchange Commission's (SEC) approach to cryptocurrency regulation, citing legal losses against Ripple and Grayscale. Emmer questions the agency's treatment of Bitcoin futures ETFs and spot ETFs, adding to ongoing debate.

US Toughens Export Controls on Semiconductors to China Amid Military Concerns
sec

US Toughens Export Controls on Semiconductors to China Amid Military Concerns

The US Department of Commerce tightened export controls on advanced computing semiconductors to China and other countries of concern to address national security threats posed by military modernization. The rules, effective from November 16, 2023, refine the parameters defining restricted chips, introduce a global licensing requirement, and expand controls on semiconductor manufacturing equipment. The update also adds certain PRC entities to the Entity List, requiring a BIS license for foundries manufacturing chips for these entities.

US National Security at Risk Due to China Dominance in Mobile Payments, says former State Department Official
sec

US National Security at Risk Due to China Dominance in Mobile Payments, says former State Department Official

Former Department of State official Anja Manuel warns that if the US loses its dominance in financial innovation and payments, it could impact its national security policy, specifically on sanctions. Manuel stated that China is catching up on dominance in mobile payments, which could make enforcing sanctions against “bad actors” like Iran or North Korea more challenging.

SEC Collaborates with South Korea in Probing Terraform Labs and Do Kwon
sec

SEC Collaborates with South Korea in Probing Terraform Labs and Do Kwon

The US SEC has approved collaboration with South Korea to investigate Terraform Labs and co-founders Daniel Shin and Do Kwon. The investigation focuses on Chai Corporation's use of the Terra blockchain and its relationship statements with Terraform. Shin is charged with fraud, while Kwon faces investigations in both the US and South Korea.

Tom Emmer Accuses SEC Chair of Exceeding Authority, Detrimental to Americans, Citing Ripple Case
sec

Tom Emmer Accuses SEC Chair of Exceeding Authority, Detrimental to Americans, Citing Ripple Case

House Majority Whip Tom Emmer has criticized SEC Chair Gary Gensler for expanding authority negatively impacting Americans. Emmer emphasized Congress's need to use appropriations process to check Gensler's misuse of taxpayer resources, highlighting the ongoing debate on crypto regulation in the U.S.

Hut 8 Mining Corp. Responds to Short-Seller Accusations Amid Stock Tumble
sec

Hut 8 Mining Corp. Responds to Short-Seller Accusations Amid Stock Tumble

Hut 8 Corp faces serious accusations from JCapital Research, claiming mismanagement and legal issues post-merger, leading to a significant stock price drop. The company is now working to address these allegations and reassure investors.

FTX Issues Fresh Warning on Phishing Emails and Scam Sites
sec

FTX Issues Fresh Warning on Phishing Emails and Scam Sites

FTX issues a fresh warning about phishing emails and scam sites mimicking its Debtors' portal. The alert, dated October 5, 2023, comes amid industry-wide concerns about phishing attacks, including a recent warning from Binance CEO Changpeng Zhao.

Coinbase warns of losing crypto industry leadership
sec

Coinbase warns of losing crypto industry leadership

The U.S. SEC has issued a Wells notice to Coinbase. As a result, Coinbase warns that the U.S. government’s regulatory approach to crypto has created an uncertain and unstable environment. Meanwhile, other countries, such as France, the U.K., and the European Union, are building friendlier crypto regulation ecosystems and becoming crypto hubs, causing the U.S. to lose its status as the leading hub of the crypto sector.

The Impact of AI and LLMs on the Future of Cybersecurity
sec

The Impact of AI and LLMs on the Future of Cybersecurity

An exploration into the transformative potential of generative AI and LLMs in the cybersecurity realm.

Anichess announces strategic partnership with esports giant Team Secret
sec

Anichess announces strategic partnership with esports giant Team Secret

Anichess teams up with global esports brand Team Secret to enhance competitive gaming and Web3 connections.

Crypto Drainers: The Rising Threat to Bitcoin (BTC) and Other Cryptocurrencies
sec

Crypto Drainers: The Rising Threat to Bitcoin (BTC) and Other Cryptocurrencies

A deep dive into the increasing threat of crypto drainers to Bitcoin and other cryptocurrencies, highlighting ways to avoid falling victim.

Sam Blackshear Discusses Security Aspects of Move Programming Language
sec

Sam Blackshear Discusses Security Aspects of Move Programming Language

Sam Blackshear sheds light on the security features of the Move programming language designed to prevent common security exploits.

iFinex Collaborates with El Salvador Government to Develop Digital Asset and Securities Framework
sec

iFinex Collaborates with El Salvador Government to Develop Digital Asset and Securities Framework

iFinex, the parent company of Bitfinex, partners with El Salvador to create a robust legal framework for digital assets and securities.

Bitfinex Securities Shaping Future of Investment with Tokenised Securities
sec

Bitfinex Securities Shaping Future of Investment with Tokenised Securities

Bitfinex Securities leverages tokenised securities, merging traditional investment instruments with digital assets to reshape investment paradigms.

Leading Security Founders Discuss Potential of Generative AI
sec

Leading Security Founders Discuss Potential of Generative AI

Security startup founders share insights on the use and threats of generative AI in the tech industry.

Privacy and Security Updates from Worldcoin in 2024
sec

Privacy and Security Updates from Worldcoin in 2024

An overview of Worldcoin's recent steps in improving privacy, security, and user choice in 2024.

NVIDIA Uses Generative AI to Streamline CVE Analysis at an Enterprise Scale
sec

NVIDIA Uses Generative AI to Streamline CVE Analysis at an Enterprise Scale

NVIDIA is leveraging generative AI to streamline the process of scanning and patching software vulnerabilities at an enterprise scale.

HKMA Warns Public About Phishing Messages Linked to ICBC (Asia)
sec

HKMA Warns Public About Phishing Messages Linked to ICBC (Asia)

HKMA alerts public to phishing messages related to ICBC (Asia).

OKX Ventures Invests in GoPlus to Boost Blockchain Security
sec

OKX Ventures Invests in GoPlus to Boost Blockchain Security

OKX Ventures announces investment in GoPlus to enhance blockchain security.

Hong Kong Monetary Authority Warns Public About Fraudulent Website and Fake Emails
sec

Hong Kong Monetary Authority Warns Public About Fraudulent Website and Fake Emails

HKMA alerts public about a fraudulent website and fake emails claiming HKMA regulation.

GitHub and JFrog Collaborate to Streamline DevSecOps Processes
sec

GitHub and JFrog Collaborate to Streamline DevSecOps Processes

GitHub and JFrog's new partnership aims to enhance DevSecOps by unifying code and binaries management.

Sui Unveils Truncator for Gas-Friendly Post-Quantum Signatures
sec

Sui Unveils Truncator for Gas-Friendly Post-Quantum Signatures

New high-performance mining technique Truncator enhances blockchain efficiency and security.

OpenAI Appoints Retired U.S. Army General Paul M. Nakasone to Board of Directors
sec

OpenAI Appoints Retired U.S. Army General Paul M. Nakasone to Board of Directors

OpenAI adds cybersecurity expert Paul M. Nakasone to its Board of Directors.

HKMA Warns Public About Fraudulent Website Impersonating Ant Bank (Hong Kong) Limited
sec

HKMA Warns Public About Fraudulent Website Impersonating Ant Bank (Hong Kong) Limited

The Hong Kong Monetary Authority alerts the public about a fraudulent website mimicking Ant Bank (Hong Kong) Limited.

Cisco Boosts Workload Security with NVIDIA BlueField-3 DPUs
sec

Cisco Boosts Workload Security with NVIDIA BlueField-3 DPUs

Cisco enhances security and efficiency with NVIDIA BlueField-3 DPUs.

GitHub Celebrates a Decade of Bug Bounty Program with Major Milestones
sec

GitHub Celebrates a Decade of Bug Bounty Program with Major Milestones

Discover the highlights from GitHub's 10-year journey with its Security Bug Bounty Program.

Anthropic Explores Challenges and Methods in AI Red Teaming
sec

Anthropic Explores Challenges and Methods in AI Red Teaming

Anthropic discusses insights and challenges in AI red teaming, aiming for standardized practices.

HK SFC: Sentencing Adjourned in Market Manipulation Case
sec

HK SFC: Sentencing Adjourned in Market Manipulation Case

Sentencing in a significant market manipulation case has been postponed, according to the Securities and Futures Commission.

Chainlink (LINK)'s CCIP Implements Key Security Features Through Decentralization and Risk Management
sec

Chainlink (LINK)'s CCIP Implements Key Security Features Through Decentralization and Risk Management

Chainlink (LINK)'s CCIP enhances security via decentralization, independent risk management, and client diversity, ensuring a robust cross-chain ecosystem.

Key Insights from the 2024 State of Cryptocurrency Investigations Report
sec

Key Insights from the 2024 State of Cryptocurrency Investigations Report

Chainalysis unveils findings from its 2024 State of Cryptocurrency Investigations Report, highlighting public sector perspectives on blockchain and crypto asset investigations.

OKX Addresses Password Error Issues in Wallet Login
sec

OKX Addresses Password Error Issues in Wallet Login

OKX details solutions to resolve password errors encountered by users during wallet login, emphasizing security enhancements.

Github: Understanding Unsafe Deserialization Vulnerabilities in Ruby Projects
sec

Github: Understanding Unsafe Deserialization Vulnerabilities in Ruby Projects

Learn how unsafe deserialization vulnerabilities can allow attackers to execute commands on Ruby projects and how to detect and prevent them.

OpenAI's Cybersecurity Grant Program Highlights Pioneering Projects
sec

OpenAI's Cybersecurity Grant Program Highlights Pioneering Projects

OpenAI's Cybersecurity Grant Program supports innovative research to enhance AI and cybersecurity defenses. Discover the groundbreaking projects making a difference.

GitHub Enterprise Server 3.13 Released with Enhanced Security and Collaboration Features
sec

GitHub Enterprise Server 3.13 Released with Enhanced Security and Collaboration Features

GitHub has launched Enterprise Server 3.13, offering improved security, better deployment control, and enhanced collaboration tools for developers.

Three Ramp-and-Dump Cases Transferred to District Court
sec

Three Ramp-and-Dump Cases Transferred to District Court

Three sophisticated ramp-and-dump cases have been transferred to the District Court, according to the Securities and Futures Commission (SFC).

BTFS Enhances Data Security with Integration of DePINs
sec

BTFS Enhances Data Security with Integration of DePINs

BTFS's encryption strategies are set to revolutionize data security by integrating with DePINs, ensuring superior protection for decentralized infrastructure.

Unveiling Scammer Tactics: 'Too Good to Be True' in The Guardian Papers
sec

Unveiling Scammer Tactics: 'Too Good to Be True' in The Guardian Papers

The Guardian Papers explore the tactics scammers use, emphasizing the dangers of offers that seem too good to be true. Learn how to protect yourself and your community.

HKMA Hosts Seminar on Banking Sector Support for SMEs
sec

HKMA Hosts Seminar on Banking Sector Support for SMEs

The HKMA, along with key banking associations, hosted a seminar to discuss support measures for SMEs, benefiting around 7,000 businesses with over HK$15 billion in credit.

HKMA Issues Alert on Phishing Messages Related to Ant Bank (Hong Kong) Limited
sec

HKMA Issues Alert on Phishing Messages Related to Ant Bank (Hong Kong) Limited

HKMA warns the public about phishing messages impersonating Ant Bank (Hong Kong) Limited, urging caution and immediate reporting of suspicious activities.

Ensuring Security: How to Access, Backup, and Restore Your World App Account
sec

Ensuring Security: How to Access, Backup, and Restore Your World App Account

Learn how to troubleshoot issues and ensure your World App account is securely backed up and restorable, according to Worldcoin (WLD).

Chrome's Renderer Vulnerability Allows Remote Code Execution via Duplicate Object Properties
sec

Chrome's Renderer Vulnerability Allows Remote Code Execution via Duplicate Object Properties

A newly discovered bug in Chrome's V8 engine, CVE-2024-3833, allows remote code execution through duplicate object properties in the renderer sandbox.

HKMA Releases June 2024 Quarterly Bulletin Highlighting Banking Sector Developments
sec

HKMA Releases June 2024 Quarterly Bulletin Highlighting Banking Sector Developments

The Hong Kong Monetary Authority (HKMA) published its June 2024 Quarterly Bulletin, focusing on recent banking sector developments.

Ensuring Integrity: Secure LLM Tokenizers Against Potential Threats
sec

Ensuring Integrity: Secure LLM Tokenizers Against Potential Threats

NVIDIA's AI Red Team highlights the risks and mitigation strategies for securing LLM tokenizers to maintain application integrity and prevent exploitation.

Galaxy Digital: Ethereum (ETH) ETFs Expected to Launch in July 2024, SEC Approval Sparks Market Excitement
sec

Galaxy Digital: Ethereum (ETH) ETFs Expected to Launch in July 2024, SEC Approval Sparks Market Excitement

The SEC has approved 10 Ethereum (ETH) spot ETFs, expected to launch in July 2024, with potential net inflows of $1 billion per month.

Brian Pak Sheds Light on Web3 Security Challenges and Innovations
sec

Brian Pak Sheds Light on Web3 Security Challenges and Innovations

Brian Pak of ChainLight discusses combating Web3 hacks and DeFi exploits, and the role of law enforcement in securing the crypto ecosystem.

Ethereum Foundation Reports Phishing Incident Affecting Mailing List
sec

Ethereum Foundation Reports Phishing Incident Affecting Mailing List

The Ethereum Foundation disclosed a phishing attack on its mailing list, impacting 35,794 email addresses and prompting immediate security measures.

Gala Games Emphasizes Password Security in Latest Guardian Papers
sec

Gala Games Emphasizes Password Security in Latest Guardian Papers

Gala Games highlights the importance of password security in the 6th installment of The Guardian Papers, offering tips to safeguard digital assets.

OKX Rolls Out 30-Day Verification for Withdrawal Addresses
sec

OKX Rolls Out 30-Day Verification for Withdrawal Addresses

Crypto exchange OKX introduces a 30-day verification period for withdrawal addresses, effective July 4, 2024, enhancing security for its users.

HKMA Issues Alert on Fraudulent Website Impersonating DBS Bank (Hong Kong)
sec

HKMA Issues Alert on Fraudulent Website Impersonating DBS Bank (Hong Kong)

The Hong Kong Monetary Authority has issued a public alert regarding a fraudulent website and internet banking login screen impersonating DBS Bank (Hong Kong) Limited.

Ethereum (ETH) Partners with Immunefi for Protocol Security Attackathon
sec

Ethereum (ETH) Partners with Immunefi for Protocol Security Attackathon

Ethereum and Immunefi launch a four-week Attackathon to enhance protocol security through a large-scale crowdsourced audit competition.

0ktapus Phishing Campaign Targets Multi-Factor Authentication Systems
sec

0ktapus Phishing Campaign Targets Multi-Factor Authentication Systems

The 0ktapus phishing campaign bypasses multi-factor authentication, impacting organizations globally. Learn about its methods and how to protect your business.

Chainalysis' Jackie Burns Koven Discusses Blockchain Security on Accel Spotlight Podcast
sec

Chainalysis' Jackie Burns Koven Discusses Blockchain Security on Accel Spotlight Podcast

Chainalysis' Jackie Burns Koven joins Accel's Amit Kumar on the Accel Spotlight podcast to discuss blockchain security, AI, and the future of cryptocurrency.

Binance Introduces Multi-Validator Withdrawal Verification for Corporate Accounts
sec

Binance Introduces Multi-Validator Withdrawal Verification for Corporate Accounts

Binance enhances security by launching multi-validator withdrawal verification for all corporate accounts with completed KYB.

SEC Drops Stablecoin Probe, Marking a Win for Paxos and the Crypto Industry
sec

SEC Drops Stablecoin Probe, Marking a Win for Paxos and the Crypto Industry

In a significant move, the SEC has ended its investigation into Paxos' BUSD stablecoin, signaling a potential shift in regulatory stance toward the crypto industry.

BNB Chain Hack Losses Plummet by 87% YoY in Q2 2024
sec

BNB Chain Hack Losses Plummet by 87% YoY in Q2 2024

BNB Chain's security measures yield an 87% YoY reduction in hack losses for Q2 2024, according to Salus Security's report.

Uniswap (UNI) Labs Enhances Bug Bounty Program with Cantina Partnership
sec

Uniswap (UNI) Labs Enhances Bug Bounty Program with Cantina Partnership

Uniswap (UNI) Labs collaborates with Cantina to expand its bug bounty program, offering rewards up to $2.25M for critical vulnerabilities.

Edgeless Systems and NVIDIA Enhance AI Security with Continuum AI Framework
sec

Edgeless Systems and NVIDIA Enhance AI Security with Continuum AI Framework

Edgeless Systems, in collaboration with NVIDIA, unveils Continuum AI, a framework enhancing AI security with confidential computing and NVIDIA GPUs.

Manta Network and Blocksec Unveil Sequencer Threat Overwatch Program (STOP)
sec

Manta Network and Blocksec Unveil Sequencer Threat Overwatch Program (STOP)

Manta Network and Blocksec have announced the Sequencer Threat Overwatch Program (STOP) to enhance security in Layer 2 blockchain solutions.

Tse Tsun Wai Convicted and Fined for Unlicensed Activity
sec

Tse Tsun Wai Convicted and Fined for Unlicensed Activity

Tse Tsun Wai has been convicted and fined for engaging in unlicensed financial activities, according to the Securities and Futures Commission.

Solana (SOL) ETF: Opportunities and Challenges in the Financial Market
sec

Solana (SOL) ETF: Opportunities and Challenges in the Financial Market

VanEck and 21Shares propose a Solana (SOL) ETF, sparking debates on its potential impact and challenges in the crypto market.

Fireblocks Announces Support for AWS Nitro Enclaves
sec

Fireblocks Announces Support for AWS Nitro Enclaves

Fireblocks now supports AWS Nitro Enclaves, enhancing security for customers using Fireblocks API Co-Signer. Learn more about this development.

NVIDIA Explores Cyber Language Models to Enhance Cybersecurity
sec

NVIDIA Explores Cyber Language Models to Enhance Cybersecurity

NVIDIA's research into cyber language models aims to address cybersecurity challenges by training models on raw cyber logs, enhancing threat detection and defense.

Hong Kong's SFC Announces Timeline for Uncertificated Securities Market
sec

Hong Kong's SFC Announces Timeline for Uncertificated Securities Market

Hong Kong's SFC unveils a timeline to implement an uncertificated securities market, marking a significant shift in the region's financial landscape.

Essential Questions for Ensuring Speech-to-Text Data Security
sec

Essential Questions for Ensuring Speech-to-Text Data Security

Explore critical questions to ask about data security when choosing a Speech-to-Text API, ensuring confidentiality, integrity, and availability of data.

OpenAI Introduces New Compliance and Administrative Tools for ChatGPT Enterprise
sec

OpenAI Introduces New Compliance and Administrative Tools for ChatGPT Enterprise

OpenAI launches compliance API integrations, SCIM, and GPT controls to enhance data security and user access for ChatGPT Enterprise.

Critical RCE Vulnerabilities Discovered in Kafka UI
sec

Critical RCE Vulnerabilities Discovered in Kafka UI

Researchers identified three critical remote code execution (RCE) vulnerabilities in Kafka UI. Users are advised to upgrade to version 0.7.2 to mitigate risks.

HKMA Issues Alert on Fraudulent Websites Linked to Bank Julius Baer
sec

HKMA Issues Alert on Fraudulent Websites Linked to Bank Julius Baer

The Hong Kong Monetary Authority (HKMA) warns the public about fraudulent websites related to Bank Julius Baer & Co. Ltd., urging caution and immediate action if affected.

Hong Kong Monetary Authority Warns Public of Phishing Messages Linked to Fubon Bank
sec

Hong Kong Monetary Authority Warns Public of Phishing Messages Linked to Fubon Bank

The Hong Kong Monetary Authority alerts the public about phishing messages related to Fubon Bank (Hong Kong) Limited.

Microsoft's AI Red Team Adopts Hacker Mindset to Enhance Security
sec

Microsoft's AI Red Team Adopts Hacker Mindset to Enhance Security

Microsoft's AI Red Team employs a hacker's mindset to identify and mitigate potential generative AI risks, combining cybersecurity and societal-harm assessments.

Bitfarms Adopts New Shareholder Rights Plan Amid Tribunal Decision
sec

Bitfarms Adopts New Shareholder Rights Plan Amid Tribunal Decision

Bitfarms Ltd. has adopted a new shareholder rights plan following a decision by the Ontario Securities Commission's Tribunal to cease trade the former plan.

dYdX Domain Faces Repeated DNS Hijacking Incidents
sec

dYdX Domain Faces Repeated DNS Hijacking Incidents

dYdX's domain suffered multiple DNS hijacking attacks due to vulnerabilities in Squarespace's OAuth and account recovery protocols, highlighting broader security concerns.

HKMA Warns Public About Suspicious Mox Bank Websites and Login Screens
sec

HKMA Warns Public About Suspicious Mox Bank Websites and Login Screens

The Hong Kong Monetary Authority (HKMA) alerts the public to suspicious websites and internet banking login screens related to Mox Bank Limited.

Sui Community Fights Scams with Sui Guardians Initiative
sec

Sui Community Fights Scams with Sui Guardians Initiative

The Sui community launches Sui Guardians to combat scams and enhance user security, led by Suiet and the Sui Foundation.

HKMA Warns Public About Fraudulent Website and Social Media Page Impersonating Public Finance Limited
sec

HKMA Warns Public About Fraudulent Website and Social Media Page Impersonating Public Finance Limited

The Hong Kong Monetary Authority alerts the public to a fraudulent website and social media page impersonating Public Finance Limited.

HKMA Addresses Nova Credit Limited's Operational Cessation and Exit from Credit Data Smart
sec

HKMA Addresses Nova Credit Limited's Operational Cessation and Exit from Credit Data Smart

The Hong Kong Monetary Authority (HKMA) responds to Nova Credit Limited's decision to cease operations and exit Credit Data Smart, ensuring data security.

HKMA Issues Warning on Phishing Threats Tied to Octopus Cards Limited
sec

HKMA Issues Warning on Phishing Threats Tied to Octopus Cards Limited

HKMA alerts public about phishing messages and fraudulent websites linked to Octopus Cards Limited. Urges immediate action if personal information was shared.

Exploring the Salt Server Architecture of zkLogin by Mysten Labs
sec

Exploring the Salt Server Architecture of zkLogin by Mysten Labs

Mysten Labs unveils the salt server architecture behind zkLogin, ensuring secure and private identity management for Web3 applications.

Uniswap (UNI) Announces $2.35M Prize Pool for v4 Security Competition
sec

Uniswap (UNI) Announces $2.35M Prize Pool for v4 Security Competition

Uniswap (UNI) Labs teams up with Uniswap Foundation and Cantina to host the largest DeFi security competition with a $2.35M prize pool.

Gala Games Issues Community Warning Amid Rising Scams
sec

Gala Games Issues Community Warning Amid Rising Scams

Gala Games warns its community about increasing scams targeting digital communities, highlighting the importance of vigilance and robust security practices.

HKMA Issues Warning on Phishing Instant Messages Related to HSBC
sec

HKMA Issues Warning on Phishing Instant Messages Related to HSBC

The HKMA alerts the public to phishing instant messages linked to HSBC, urging caution and immediate action if personal information has been shared.

UK's Operation Cronos Successfully Takes Down LockBit Ransomware Group
sec

UK's Operation Cronos Successfully Takes Down LockBit Ransomware Group

UK's Operation Cronos, in collaboration with international partners, successfully dismantled LockBit, the world’s most prolific ransomware ecosystem, highlighting the importance of international cooperation in cybersecurity.

Anthropic Expands AI Model Safety Bug Bounty Program
sec

Anthropic Expands AI Model Safety Bug Bounty Program

Anthropic broadens its AI model safety bug bounty program to address universal jailbreak vulnerabilities, offering rewards up to $15,000.

Copilot Autofix Enhances Secure Coding by Tripling Remediation Speed
sec

Copilot Autofix Enhances Secure Coding by Tripling Remediation Speed

GitHub's Copilot Autofix enables developers to fix code vulnerabilities three times faster, enhancing secure coding practices.

HKMA Warns Public of Phishing Scams Impersonating Bank of China (Hong Kong)
sec

HKMA Warns Public of Phishing Scams Impersonating Bank of China (Hong Kong)

Hong Kong Monetary Authority alerts public about phishing scams involving fake instant messages related to Bank of China (Hong Kong) Limited.

Understanding the Basics of Encryption: A DevSpeak Overview
sec

Understanding the Basics of Encryption: A DevSpeak Overview

Explore the fundamentals of encryption and its importance in digital security, as explained in Gala News' latest DevSpeak.

MultiSigWallet Enhances Security for Transactions on BitTorrent Chain (BTTC)
sec

MultiSigWallet Enhances Security for Transactions on BitTorrent Chain (BTTC)

Discover how the MultiSigWallet smart contract is revolutionizing secure transactions on the BitTorrent Chain (BTTC) with multi-signature functionality.

HKMA Issues Alert on Unauthorised Websites and Apps Linked to Livi Bank
sec

HKMA Issues Alert on Unauthorised Websites and Apps Linked to Livi Bank

The Hong Kong Monetary Authority warns the public about unauthorised websites and apps associated with Livi Bank Limited.

HKMA Issues Warning on Fraudulent Websites Related to DBS Bank (Hong Kong) Limited
sec

HKMA Issues Warning on Fraudulent Websites Related to DBS Bank (Hong Kong) Limited

The Hong Kong Monetary Authority alerts the public about fraudulent websites linked to DBS Bank (Hong Kong) Limited and provides safety guidelines.

SEC's Wells Notice to OpenSea Sparks Debate Over NFTs as Securities
sec

SEC's Wells Notice to OpenSea Sparks Debate Over NFTs as Securities

The SEC's Wells Notice to OpenSea raises questions about whether NFTs should be classified as securities, potentially impacting the future of digital art and collectibles.

SEC Targets OpenSea: Are NFTs Collectibles or Securities?
sec

SEC Targets OpenSea: Are NFTs Collectibles or Securities?

The SEC issues a Wells Notice to OpenSea, questioning the classification of certain NFTs as securities, potentially impacting the entire NFT market.

HKMA Alerts Public to Fraudulent Social Media Page Linked to Bank of Singapore
sec

HKMA Alerts Public to Fraudulent Social Media Page Linked to Bank of Singapore

The HKMA has issued a warning about a fraudulent social media page impersonating Bank of Singapore Limited, urging the public to be vigilant.

Leveraging AI to Enhance Cybersecurity Measures: Three Key Strategies
sec

Leveraging AI to Enhance Cybersecurity Measures: Three Key Strategies

Discover how AI addresses cybersecurity challenges through prompt injections, data protection, and access control reinforcement, according to NVIDIA Blog.

Grayscale Bitcoin Trust (GBTC) Registers with SEC Amid Market Volatility
sec

Grayscale Bitcoin Trust (GBTC) Registers with SEC Amid Market Volatility

Grayscale Bitcoin Trust (GBTC) files SEC registration, transitioning to NYSE Arca listing amid ongoing market volatility and evolving digital asset landscape.

HKMA Issues Warning on Phishing Messages Tied to WeChat Pay Hong Kong
sec

HKMA Issues Warning on Phishing Messages Tied to WeChat Pay Hong Kong

The Hong Kong Monetary Authority alerts the public about phishing messages linked to WeChat Pay Hong Kong Limited.

SFC Restricts Kingston Securities to Freeze Client Account Amid Corporate Misconduct Probe
sec

SFC Restricts Kingston Securities to Freeze Client Account Amid Corporate Misconduct Probe

The SFC has issued a restriction notice to Kingston Securities Limited to freeze a client account over suspected corporate misconduct.

Bitcoin (BTC) Unlocks New Potential to Secure DeFi Networks
sec

Bitcoin (BTC) Unlocks New Potential to Secure DeFi Networks

Stanford professor and BabylonChain co-founder David Tse discusses using Bitcoin to enhance the security of proof-of-stake networks.

NVIDIA Showcases AI Security Innovations at Major Cybersecurity Conferences
sec

NVIDIA Showcases AI Security Innovations at Major Cybersecurity Conferences

NVIDIA highlights AI security advancements at Black Hat USA and DEF CON 32, emphasizing adversarial machine learning and LLM security.

AI and Data: Enhancing Zero Trust Cyber Defense Strategies
sec

AI and Data: Enhancing Zero Trust Cyber Defense Strategies

NVIDIA's AI solutions, including Morpheus, are revolutionizing zero-trust cybersecurity by enabling real-time data analysis and anomaly detection.

HKMA Alerts Public of Fraudulent Website and Social Media Page Impersonating Dah Sing Bank
sec

HKMA Alerts Public of Fraudulent Website and Social Media Page Impersonating Dah Sing Bank

The Hong Kong Monetary Authority alerts the public about fraudulent websites and social media pages impersonating Dah Sing Bank. Public urged to remain vigilant.

HKMA Issues Alert on Fraudulent Website Linked to Bank of China (Hong Kong)
sec

HKMA Issues Alert on Fraudulent Website Linked to Bank of China (Hong Kong)

The Hong Kong Monetary Authority alerts the public about a fraudulent website linked to Bank of China (Hong Kong) Limited.

Web3 Community Faces Regulatory Challenges as Consensys Fights SEC Overreach
sec

Web3 Community Faces Regulatory Challenges as Consensys Fights SEC Overreach

The Web3 movement, driven by Consensys, faces significant regulatory challenges from the SEC, threatening innovation in the blockchain space.

NVIDIA Introduces NIM Agent Blueprint for Enhanced Cybersecurity with AI
sec

NVIDIA Introduces NIM Agent Blueprint for Enhanced Cybersecurity with AI

NVIDIA unveils its NIM Agent Blueprint, leveraging AI to enhance cybersecurity by accelerating vulnerability analysis and streamlining threat detection.

NVIDIA Introduces NIM Agent Blueprint for Enhanced Container Security
sec

NVIDIA Introduces NIM Agent Blueprint for Enhanced Container Security

NVIDIA unveils a new AI-driven blueprint to streamline vulnerability analysis in container security, reducing CVE assessment time from days to seconds.

Address Poisoning Scams: A Growing Threat in the Crypto World
sec

Address Poisoning Scams: A Growing Threat in the Crypto World

Address poisoning scams are emerging as a significant threat in the crypto space, targeting high-value users by mimicking frequent transaction addresses.

Character.AI Enhances Safety Measures with New Features for User Protection
sec

Character.AI Enhances Safety Measures with New Features for User Protection

Character.AI introduces new safety measures, including features for minors and proactive character moderation, to enhance user security and maintain an engaging platform experience.

HKMA Warns of Fraudulent Websites and Emails Targeting Dah Sing Bank Customers
sec

HKMA Warns of Fraudulent Websites and Emails Targeting Dah Sing Bank Customers

The Hong Kong Monetary Authority issues a warning about fraudulent websites and phishing emails targeting Dah Sing Bank customers, urging public vigilance.

NVIDIA and F5 Enhance AI Cloud Security and Efficiency with New Integration
sec

NVIDIA and F5 Enhance AI Cloud Security and Efficiency with New Integration

NVIDIA and F5 announce integration of BlueField-3 DPUs with BIG-IP Next for Kubernetes, boosting AI efficiency and security in sovereign cloud environments, as revealed at the NVIDIA AI Summit.

NVIDIA Morpheus Enhances SOCs with AI-Powered Alert Triage
sec

NVIDIA Morpheus Enhances SOCs with AI-Powered Alert Triage

NVIDIA introduces Morpheus to streamline security operations centers by integrating AI for accelerated alert triage, enhancing SOC efficiency and security with LLM agents.

HKMA Alerts Public on Phishing Messages Linked to Livi Bank
sec

HKMA Alerts Public on Phishing Messages Linked to Livi Bank

The Hong Kong Monetary Authority (HKMA) warns the public about phishing messages related to Livi Bank, urging caution and providing guidance on preventing data breaches.

Immutable (IMX) Enhances Web3 Gaming Security with Blockaid Integration
sec

Immutable (IMX) Enhances Web3 Gaming Security with Blockaid Integration

Immutable (IMX) integrates Blockaid's security into Immutable Passport, offering seamless protection for over 380 games and 3 million players in the Web3 gaming ecosystem.

NVIDIA AI Enterprise Enhances Security and Deployment of AI Agents
sec

NVIDIA AI Enterprise Enhances Security and Deployment of AI Agents

NVIDIA AI Enterprise introduces new features for secure and efficient AI agent deployment, enhancing productivity and innovation across industries.

Immutable (IMX) Faces SEC's Wells Notice Amid Crypto Regulatory Challenges
sec

Immutable (IMX) Faces SEC's Wells Notice Amid Crypto Regulatory Challenges

Immutable (IMX) responds to the SEC's Wells notice, addressing allegations of securities law violations, while advocating for clearer crypto regulations to support digital ownership in gaming.

Enhancing Network Security with Secure Boot in SONiC
sec

Enhancing Network Security with Secure Boot in SONiC

Explore how NVIDIA's Secure Boot in SONiC enhances network security by preventing unauthorized firmware and software execution during the boot process.

Binance.US Could Be in Violation of Securities Law
sec

Binance.US Could Be in Violation of Securities Law

SEC opposes Binance. US acquisition of nearly $1 billion in Voyager Digital assets.

NY Business Examines Core Scientific Securities Fraud
sec

NY Business Examines Core Scientific Securities Fraud

In 2022, Culper Research reported that Core Scientific had oversold its mining and hosting operations in 2021 and waived a 180-day lockup term of approximately 282 million shares, allowing them to be dumped in March. Pomerantz LLP reported that Core Scientific's stock plunged 9.4% on this news. Last month, the same law firm filed a class-action lawsuit against Silvergate Capital for making false and deceptive promises.

BlackStar Seeks SEC Registration for On-Chain Stock Trading
sec

BlackStar Seeks SEC Registration for On-Chain Stock Trading

BlackStar Enterprise Group plans to conduct over-the-counter stock trading on-chain and has sought registration with the SEC after two years of development and regulatory communication.

Coinbase Custody Leads in Digital Asset Safety Amid ETF Adoption Surge
sec

Coinbase Custody Leads in Digital Asset Safety Amid ETF Adoption Surge

As crypto ETFs gain SEC approval, Coinbase Custody emerges as the trusted custodian for digital assets, leveraging advanced security and regulatory compliance.

What the U.S. Congress Decides on Crypto Will Ultimately Overstepping their authority
sec

What the U.S. Congress Decides on Crypto Will Ultimately Overstepping their authority

Jake Chervinsky, the Blockchain Association's chief policy officer, criticized the SEC's enforcement-based regulation and urged Congress to regulate the sector.

Alphapo Hot Wallets Drained of Over $23M in BTC, ETH and TRON
sec

Alphapo Hot Wallets Drained of Over $23M in BTC, ETH and TRON

Alphapo, a payment processor for various gambling services, reported a breach of their hot wallets today, July 23, 2023. The breach resulted in a loss of over $23 million in Ethereum (ETH), TRON (TRX), and Bitcoin (BTC) cryptocurrencies.

INX to Tokenize and List Casper Labs Equity on Regulated ATS Platform
sec

INX to Tokenize and List Casper Labs Equity on Regulated ATS Platform

INX Digital Company, Inc., a US-regulated broker-dealer, ATS, and transfer agent, announced on July 19, 2023, that it will tokenize and list the equity of Casper Labs, a leading enterprise blockchain software provider.

Will the Binance.US CEO's Resignation Trigger a Domino Effect?
sec

Will the Binance.US CEO's Resignation Trigger a Domino Effect?

Binance.US, the American subsidiary of the global cryptocurrency exchange, has experienced significant staffing changes, including the departure of CEO Brian Shroder and the elimination of around 100 positions. The company is also facing legal actions from the SEC and the Commodity Futures Trading Commission, as well as a decline in market share. The cryptocurrency community is concerned about the future of Binance and its potential demise, with WhaleWire warning of a larger explosion than FTX's.

Paradigm Challenges SEC's Authority in Lawsuit Against Binance
sec

Paradigm Challenges SEC's Authority in Lawsuit Against Binance

Paradigm, a venture capital firm, has filed an amicus brief in the SEC's ongoing lawsuit against cryptocurrency exchange Binance. The brief criticizes the SEC's approach, arguing that the agency is overstepping its regulatory boundaries. Paradigm emphasizes that the SEC's actions could have far-reaching implications for securities law.

Ripple CEO Garlinghouse Foresees Ether ETF Approval, Critiques SEC's Approach
sec

Ripple CEO Garlinghouse Foresees Ether ETF Approval, Critiques SEC's Approach

Ripple CEO Brad Garlinghouse predicts the approval of an Ether ETF by the SEC, critiquing the commission's approach under Gary Gensler as a political liability and detrimental to the U.S. economy's growth.

SEC Freezes Assets of DEBT Box in $50 Million Crypto Fraud Case
sec

SEC Freezes Assets of DEBT Box in $50 Million Crypto Fraud Case

The U.S. Securities and Exchange Commission (SEC) has obtained a temporary asset freeze, restraining order, and other emergency relief against Digital Licensing Inc., a Utah-based entity operating as "DEBT Box," along with its four principals and 13 other defendants.

AI-Driven "Audio-Jacking": IBM Uncovers New Cybersecurity Threat
sec

AI-Driven "Audio-Jacking": IBM Uncovers New Cybersecurity Threat

IBM Security researchers have identified a new cybersecurity threat called "audio-jacking," where AI can manipulate live conversations with deepfake voices, raising concerns about financial fraud and misinformation.

Forsage Founders Indicted for Alleged $340 Million "Global Ponzi" Scheme on Ethereum Blockchain
sec

Forsage Founders Indicted for Alleged $340 Million "Global Ponzi" Scheme on Ethereum Blockchain

Oregon's federal grand jury indicted Forsage's founders. "Global Ponzi and pyramid scam" investors lost $340 million on the site.

Voyager reportedly sells assets on Coinbase exchange
sec

Voyager reportedly sells assets on Coinbase exchange

Lookonchain showed Voyager using 23 tokens worth over $100 million.

SEC Raises Objections to Celsius Network's Restructuring Plan Involving Coinbase
sec

SEC Raises Objections to Celsius Network's Restructuring Plan Involving Coinbase

The U.S. Securities and Exchange Commission (SEC) has filed a limited objection to the Chapter 11 restructuring plan of crypto lending platform Celsius Network. The objection, dated September 22, 2023, specifically targets the company's proposed arrangement with Coinbase for distribution services. The SEC is also currently engaged in a lawsuit against Coinbase, adding another layer of complexity to the situation.

US Business Giants Bet Big on Generative AI Despite Data Security Concerns
sec

US Business Giants Bet Big on Generative AI Despite Data Security Concerns

Nearly all US companies with revenues over $1B are set to invest in generative AI, eyeing major ROI while weighing risks like data security and workforce readiness.

Philippines Spearheads ASEAN AI Regulatory Framework
sec

Philippines Spearheads ASEAN AI Regulatory Framework

Philippines' Congress Speaker Martin Romualdez plans to introduce an AI regulatory framework to ASEAN during its chairmanship in 2026, focusing on digitization, cybersecurity, and managing generative AI in economic policies.

BNB Smart Chain's Remarkable 85% Security Triumph in 2023
sec

BNB Smart Chain's Remarkable 85% Security Triumph in 2023

BNB Smart Chain's security enhancements in 2023 led to an 85% reduction in financial losses from security incidents, a striking contrast to the previous year's $1.1 billion losses.

Hong Kong Embraces Virtual Asset Spot ETFs
sec

Hong Kong Embraces Virtual Asset Spot ETFs

Hong Kong is set to become the first market in Asia to allow Virtual Asset Spot ETFs, with around ten fund companies preparing for launch. This move signifies a major shift in the region's approach to virtual assets.

Gemini Launches ETH & MATIC Staking Services in Switzerland and Turkey Amidst U.S Regulatory Crackdown on Crypto Staking
sec

Gemini Launches ETH & MATIC Staking Services in Switzerland and Turkey Amidst U.S Regulatory Crackdown on Crypto Staking

Crypto exchange Gemini has announced the expansion of its staking services to users in Switzerland and Turkey. The development comes at a time when United States-based exchanges face regulatory hurdles with the Securities and Exchange Commission (SEC) regarding similar services.

Ripple CEO Warns SEC's "Enforcement" Approach May Hurt US Crypto Industry
sec

Ripple CEO Warns SEC's "Enforcement" Approach May Hurt US Crypto Industry

Ripple CEO, Brad Garlinghouse, has suggested that the US Securities and Exchange Commission's (SEC) approach to regulation is putting the US at risk of missing out on being an attractive hub for the next evolution of blockchain and crypto innovation. Garlinghouse noted that the SEC's case against Ripple is the SEC simply playing "offense" and "attacking" the industry as a whole. He added that the crypto industry has "already started moving outside" of the US given its crypto regulation process is "behind" other countries such as Australia, UK, Japan, Singapore, and Switzerland.

U.S. District Judge Kevin Castel Grants Request to Defer civil cases
sec

U.S. District Judge Kevin Castel Grants Request to Defer civil cases

On Feb. 13, Manhattan District Judge Kevin Castel granted the applications to suspend the civil proceedings "without prejudice" until the DOJ's trial against SBF begins.

Grayscale Launches New Entity to Manage Growing Funds
sec

Grayscale Launches New Entity to Manage Growing Funds

Cryptocurrency asset manager Grayscale Investments has launched a new entity, the Grayscale Funds Trust, to manage its publicly traded financial products in-house. The company has also filed a registration statement for three new cryptocurrency-focused ETFs, including a Bitcoin Composite ETF, Ethereum Futures ETF, and a Privacy ETF.

Coinbase CLO Responds to SEC's Opposition
sec

Coinbase CLO Responds to SEC's Opposition

Coinbase's Chief Legal Officer, Paul Grewal, responded to the SEC's opposition to the company's motion to dismiss the case against it. Grewal criticized the SEC for making unsupported legal claims and emphasized that the assets listed on Coinbase are not securities. He also called for regulation that listens to the crypto community and mentioned that Coinbase will file its reply on October 24, 2023.

Former CEO of Overstock Patrick Byrne Charged for Security Fraud
sec

Former CEO of Overstock Patrick Byrne Charged for Security Fraud

Former CEO of overstock.com, Patrick Byrne and former CFO Greg Iverson have been charged for securities fraud regarding the payout of dividends.

Binance CEO Refutes SEC's $12 Billion Fund Misappropriation Claims
sec

Binance CEO Refutes SEC's $12 Billion Fund Misappropriation Claims

Binance CEO Changpeng Zhao has categorically denied the allegations recently published by CoinDesk stating that $12 billion were redirected to firms under his control.

Grayscale Files for Three New Crypto ETFs
sec

Grayscale Files for Three New Crypto ETFs

Grayscale Investments has filed a registration statement with the SEC for three new cryptocurrency-focused ETFs, including a Bitcoin Composite ETF, Ethereum Futures ETF, and a Privacy ETF. Grayscale also announced the launch of its Grayscale Funds Trust to manage its publicly traded financial products in-house.

ASIC Raids Binance Australia as Global Regulatory Hurdles Mount
sec

ASIC Raids Binance Australia as Global Regulatory Hurdles Mount

As reported by Bloomberg, the Australian Securities and Investments Commission (ASIC) executed a search operation at the offices of Binance Australia. This operation is a part of an ongoing inquiry into the crypto giant's now-closed local derivatives business, highlighting the intensifying regulatory scrutiny Binance is encountering.

Scroll's 2024 Agenda: Lower Costs, Enhanced Security, and Increased Decentralization
sec

Scroll's 2024 Agenda: Lower Costs, Enhanced Security, and Increased Decentralization

In 2024, Scroll plans to make blockchain technology more accessible, secure, and decentralized. The company will reduce operational costs by 50%, integrate data compression techniques, and implement 4844 data blobs. It will also enhance compatibility with Ethereum Improvement Proposals and SHA256 precompile.

Monica Long Named New President of Ripple
sec

Monica Long Named New President of Ripple

Ripple, a blockchain-based worldwide payments processor, elected Monica Long its new president amid unprecedented growth.

New MacOS Malware Hijacks Crypto Wallets Via Pirated Apps
sec

New MacOS Malware Hijacks Crypto Wallets Via Pirated Apps

Kaspersky Labs discovers a new malware targeting macOS users via pirated apps, replacing legitimate Bitcoin and Exodus wallets with infected versions, highlighting the risks of downloading unauthorized software.

Blockchain Technology Powers Brazil's National Identity Card Issuance
sec

Blockchain Technology Powers Brazil's National Identity Card Issuance

Brazil has commenced the use of blockchain technology for issuing the National Identity Card (CIN) to enhance security and data integrity in the new identity issuance process. The initial phase begins in three states with a nationwide deadline set for November 6, 2023. This move is part of Brazil's broader initiative towards leveraging blockchain for public service improvement, aligning with global trends of digital identity verification.

UK Aims to Implement Crypto Regulation Soon
sec

UK Aims to Implement Crypto Regulation Soon

The UK plans to establish digital asset regulation within a year to take advantage of blockchain's benefits for the private sector and the economy, according to Andrew Griffith, the economic secretary to the UK Treasury.

CoinGecko Hit by Phishing Scam
sec

CoinGecko Hit by Phishing Scam

CoinGecko, a cryptocurrency data aggregator, experienced a security breach in January 2024, exposing its vulnerability to phishing scams and highlighting the need for robust security measures.

Multinational Firm Loses $25.6 Million to Deepfake-Driven Fraud
sec

Multinational Firm Loses $25.6 Million to Deepfake-Driven Fraud

A Hong Kong finance employee was deceived into transferring $25.6 million using deepfake technology, highlighting the growing cybersecurity threat of such scams.

KuCoin's Emphasis on Self-Regulation and User Security Highlighted at TOKEN2049
sec

KuCoin's Emphasis on Self-Regulation and User Security Highlighted at TOKEN2049

Alicia Kao, KuCoin's Managing Director, discussed the challenges and opportunities of cryptocurrency exchanges during the TOKEN2049 panel. She highlighted the importance of self-regulation and KuCoin's strict security protocols. KuCoin, a leading global exchange, has a user base of 29 million and endorses over 750 projects. The panel provided valuable insights into the crypto industry's future direction.

US Bitcoin Corp-Hut 8 Merger Progresses Amid Celsius Plan Approval
sec

US Bitcoin Corp-Hut 8 Merger Progresses Amid Celsius Plan Approval

US Bitcoin Corp has secured court approval for its merger with Hut 8 Mining Corp, marking a significant step towards managing its assets and listing on Nasdaq and the Toronto Stock Exchange.

Vitalik Buterin Proposes a Quantum-Resistant Hard Fork for Ethereum
sec

Vitalik Buterin Proposes a Quantum-Resistant Hard Fork for Ethereum

Vitalik Buterin proposes a hard fork strategy for Ethereum to protect funds against quantum computer attacks, sparking a community-wide discussion on quantum security.

SEC Charges Citadel Securities Over Short Sale Regulation Violations
sec

SEC Charges Citadel Securities Over Short Sale Regulation Violations

The U.S. Securities and Exchange Commission (SEC) has charged broker-dealer Citadel Securities for non-compliance with Regulation SHO, a framework aimed at curbing abusive short selling practices. Citadel Securities has agreed to pay a $7 million penalty to settle the charges, which involve mislabeled millions of orders over five years due to a coding error within its automated trading system.

Debt Box vs SEC: Court Reverses Asset Freeze, Raises Questions on SEC's Conduct
sec

Debt Box vs SEC: Court Reverses Asset Freeze, Raises Questions on SEC's Conduct

Debt Box is suing the SEC for misrepresentation of evidence in obtaining an asset freeze, citing potential sanctions for misleading arguments.

Bitcoin Surges Past $28,000 and GBTC Discount Narrows to 17%
sec

Bitcoin Surges Past $28,000 and GBTC Discount Narrows to 17%

Bitcoin's value surged to $28,142 on Binance after Grayscale Investments won a lawsuit against the SEC, converting its Grayscale Bitcoin Trust into an ETF.

Hong Kong's First Spot Bitcoin ETF Gains Approval, Echoing US SEC's Move
sec

Hong Kong's First Spot Bitcoin ETF Gains Approval, Echoing US SEC's Move

Hong Kong Securities and Futures Commission approves its first spot Bitcoin ETF, following the US SEC's lead, signaling a major milestone for cryptocurrency in mainstream finance.

Kakao Affiliates Face Probe Over Crypto Misappropriation Allegations
sec

Kakao Affiliates Face Probe Over Crypto Misappropriation Allegations

Prosecution delves into allegations of cryptocurrency embezzlement & breach of trust against ex-Kakao chairman & affiliate executives, marking the start of a formal inquiry with the examination of the complainant on Oct 11.

Algorand (ALGO) Foundation CEO's Social Media Hacked
sec

Algorand (ALGO) Foundation CEO's Social Media Hacked

The Algorand Foundation CEO's social media account was hacked, raising significant cybersecurity concerns in the blockchain and cryptocurrency sectors.

Trezor's Social Media Compromised, Fake $TRZR Token Presale Promoted
sec

Trezor's Social Media Compromised, Fake $TRZR Token Presale Promoted

Trezor's official channels were breached, inadvertently advertising a scam "$TRZR" token presale, raising concerns about social media security.

a16z-Backed Stelo Labs Ceases Operations Today, October 31, 2023
sec

a16z-Backed Stelo Labs Ceases Operations Today, October 31, 2023

Stelo Labs has halted operations on October 31, 2023, despite its initial success and over 10,000 extension downloads. The company will now focus on market definition, assumption validation, and core problem-solving as they prepare for their next venture.

Chamber of Digital Commerce argues the SEC is overstepping its authority
sec

Chamber of Digital Commerce argues the SEC is overstepping its authority

The Chamber of Digital Commerce submitted an amicus brief asking the SEC to drop its case against former Coinbase employee Ishan Wahi for insider trading, alleging that the agency is trying to classify secondary market transactions as securities.

Coinbase Faces $5M Penalty from New Jersey Securities Bureau and SEC Charges, Stock Tumbles 20%
sec

Coinbase Faces $5M Penalty from New Jersey Securities Bureau and SEC Charges, Stock Tumbles 20%

The New Jersey Bureau of Securities has issued a Summary Cease and Desist Order against leading cryptocurrency exchange Coinbase, Inc. for allegedly offering unregistered securities tied to its cryptocurrency staking services. The Bureau has further levied a hefty penalty of $5 million against Coinbase.

Terraform Labs Seeks Citadel Securities' Trading Data amid SEC Lawsuit
sec

Terraform Labs Seeks Citadel Securities' Trading Data amid SEC Lawsuit

Terraform Labs has filed a motion against Citadel Securities seeking critical trading data for its defense in a lawsuit by the SEC. The case revolves around market destabilization allegations during the May 2022 Depeg event of TerraUSD stablecoin. The motion urges disclosure of trading strategies between March and May 2022, amidst indications of Citadel Securities' alleged intentions to short UST. Terraform Labs stresses the documents' importance in countering the SEC's fraud allegations, proposing a transfer to another court for a decision if necessary.

BIS Conference Addresses Cybersecurity in Central Bank Digital Currencies (CBDC)
sec

BIS Conference Addresses Cybersecurity in Central Bank Digital Currencies (CBDC)

Agustín Carstens, General Manager of the Bank for International Settlements, highlighted the importance of cybersecurity for central bank digital currencies (CBDCs) during a conference in Basel, Switzerland, emphasizing the need for secure, user-friendly, and adaptable systems.

Caroline Ellison hires former top SEC crypto regulator
sec

Caroline Ellison hires former top SEC crypto regulator

A former top crypto regulator will defend former Alameda Research CEO Caroline Ellison in a federal inquiry. WilmerHale Securities and Financial Services chair Stephanie Avakian. She enhanced cryptocurrency monitoring as SEC Enforcement Division director. Federal prosecutors are investigating whether former FTX CEO Sam Bankman-Fried caused Terra ecosystem collapse.

The Number of Crypto-Related Enforcement Actions in the United States Grows
sec

The Number of Crypto-Related Enforcement Actions in the United States Grows

Blockchain risk monitoring business Solidus Labs predicts a significant rise in US federal and state enforcement actions in 2022.

Signature Bank Under Investigation by US Government Bodies
sec

Signature Bank Under Investigation by US Government Bodies

Signature Bank is reportedly under investigation by both the Securities and Exchange Commission and the Department of Justice over concerns that the bank did not take adequate measures to detect potential money laundering by its clients. The bank was closed on March 12 as part of a series of bank closures that also included Silvergate Capital and Silicon Valley Bank.

US SEC Extends Review Period for 7RCC's Bitcoin ETF Listing
sec

US SEC Extends Review Period for 7RCC's Bitcoin ETF Listing

The US SEC has extended the review period for 7RCC's Bitcoin ETF listing, with the final decision expected by June 24, with the initial deadline set for May 10. The Bitcoin ETF aims to provide investors with exposure to Bitcoin and incorporate carbon credits.

Ripple Anticipates U.S. Banks to Adopt XRP Following Partial SEC Case Victory
sec

Ripple Anticipates U.S. Banks to Adopt XRP Following Partial SEC Case Victory

Ripple expects U.S. banks to adopt its XRP for cross-border payments following a ruling that it's not necessarily a security.

Fantom (FTM) Foundation CEO Reveals Exciting Plans for Sonic's Launch and Future Development
sec

Fantom (FTM) Foundation CEO Reveals Exciting Plans for Sonic's Launch and Future Development

Michael Kong, CEO of Fantom Foundation, has unveiled the highly anticipated launch of Sonic, a groundbreaking blockchain technology that promises unparalleled scalability and security. With plans to create a shared sequencer for L1 and L2 chains and introduce simplified staking and liquid staking support, the Fantom team is poised to revolutionize the world of blockchain. Stay tuned for more exciting updates and partnerships in the coming weeks.

Consensys Urges SEC to Recognize Ethereum's Advanced Safeguards in Comment Letter on ETH ETF Approval
sec

Consensys Urges SEC to Recognize Ethereum's Advanced Safeguards in Comment Letter on ETH ETF Approval

Consensys has submitted a comment letter to the U.S. Securities and Exchange Commission (SEC) advocating for the approval of Ethereum-based exchange-traded funds (ETFs). I

Allison Herren Lee Steps Down as US SEC Commissioner
sec

Allison Herren Lee Steps Down as US SEC Commissioner

Commissioner Allison Herren has departed the SEC. Her departure gives Biden more room to fill the role at the agency.

Significant Crypto Hacks in December 2023, with Orbit Bridge Exploit Leading the Surge
sec

Significant Crypto Hacks in December 2023, with Orbit Bridge Exploit Leading the Surge

In December 2023, a significant increase in crypto thefts was triggered by an $81.5 million attack on Orbit Bridge, marking one of the largest attacks on cross-chain bridges in recent years.

SEC Faces Congressional Investigation Call Over Bitcoin ETF False Approval News Breach
sec

SEC Faces Congressional Investigation Call Over Bitcoin ETF False Approval News Breach

The SEC's social media account was compromised, leading to false Bitcoin ETF approval news. This incident has prompted calls for congressional investigation into the SEC for potential market manipulation and cybersecurity lapses.

BlockSec Launches Phalcon Fork for Private Chain Collaborative Testing
sec

BlockSec Launches Phalcon Fork for Private Chain Collaborative Testing

Blockchain security firm BlockSec has launched the Phalcon Fork toolkit for collaborative testing on private chains forked from the Ethereum mainnet. The toolkit provides more control for developers over testing, analysis, and debugging of transactions, while retaining services and states from the Ethereum mainnet. It also includes an integrated faucet for free fork network Ether (ETH) and Fork RPC for integration with Ethereum Virtual Machine-compatible development frameworks.

Grayscale Launches New Crypto Dealer as Genesis Got Incapacitated With 3AC Bankruptcy