The SEC has sent a “Wells notice” as it continues its attack on the cryptocurrency space Decentralized exchange (DEX) Uniswap has recently been issued a Wells notice from the US Securities and Exchange Commission (SEC). It’s the latest move by the securities regulator against the cryptocurrency space, although the attack will most likely lead nowhere.
The blockchain is dealing with validators who seem reluctant to keep the transactions moving Solana validators recently voted in a bid to reduce the latency of consensus “votes,” which could increase blockchain transaction speeds. Currently, the blockchain is suffering from slow processing times, brought on by the actions of some validators. The recommendation calls for
The move could help bring more clarity and stability to the crypto ecosystem An experienced US government official who served as the IRS Criminal Investigations team chief for three years has joined the cryptocurrency analytics firm Chainalysis. Chainalysis announced on April 8 that Jim Lee, a former IRS agent, has been appointed as the global
The cryptocurrency exchange isn’t violating the Securities Exchange Act as the SEC asserted Coinbase has gained a significant win in its ongoing lawsuit after the US Court of Appeals for the Second Circuit ruled in its favor, confirming that Coinbase’s secondary cryptocurrency sales are not in violation of the Securities Exchange Act. The recent ruling
The company is exploring whether a native stablecoin can offer better protections Sony Bank, the financial arm of the Sony Group Corporation, announced it has begun researching issuing its own stablecoin pinned to fiat currencies, like the Japanese yen. The trial will occur on the Polygon blockchain in partnership with Belgium blockchain firm SettleMint. Jun
Irina Dilkinska has been given a sentence of four years for her role in the scandal US District Judge Edgardo Ramos sentenced the former head of legal and compliance for the multibillion-dollar OneCoin fraud scheme to four years in prison on Wednesday, according to a statement from the US Attorney’s Office released on April 3.
The latest data shows that cryptocurrency staking can offer as much as 450% more Despite solid growth across both markets, the average cryptocurrency staking reward is currently 450% higher than the average earnings paid to S&P 500 investors. The S&P 500 index, which tracks the US’s 500-largest public companies, recorded its highest first-quarter growth in
The hack compounded an already existing slowdown of activity on the platform Solana-based Telegram trading bot Solareum announced that it’s permanently suspending service after a recent security breach and citing insufficient funds. “It is with a profound sense of regret that we announce the closure of the Solareum project,” declared developers on the support channel
The man who claimed to be Bitcoin creator Satoshi Nakamoto just lost access to $8.4 million A UK court has authorized freezing £6.7 million (US$8.4 million) of Craig Wright’s assets to stop the Australian computer scientist from avoiding court expenses. The court made its decision after Wright transferred some of his assets outside the country
The hacker may have realized he had been discovered and could face charges A Munchables hacker, also a former developer on the platform, had a change of heart eight hours after stealing $62.8 million worth of Ether. He returned the stolen funds without demanding a ransom. The Ethereum-based nonfungible token (NFT) game Munchables reported a
A coding flaw may have led to hackers exploiting the company’s servers Real-world asset (RWA) liquidity firm Curio experienced a smart contract breach caused by a critical susceptibility linked to voting power privileges. The result was hackers swiping $16 million in digital currency from the platform. The Curio community was warned of the breach, and
The exchange follows Circle’s February decision to do the same The cryptocurrency exchange Binance will halt deposit and withdrawal support for TRC-20-based USD Coin (USDC) tokens in less than two weeks. It’s the latest exchange to make the announcement in a month. USDC issuer Circle announced its plans to terminate support for the stablecoin over
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