The US Securities and Exchange Commission (SEC) has charged Los Angeles-based media and entertainment company Impact Theory, LLC for allegedly offering unregistered securities in the form of NFTs.The SEC said that Impact Theory had raised over $30 million from investors in the United States, and had emphasized that it was “trying to build the next […]
Cryptocurrency exchange Binance may be considering withdrawing its services from Russia due to sanctions from countries including the United States. A Binance spokesperson said the exchange was considering all options, including a full exit. Binance has already removed certain sanctioned Russian financial institutions from available payment options on its P2P platform and added fiat currency […]
The SEC has recently intensified its crackdown on crypto firms, filing lawsuits against two of the largest crypto exchanges in the world, Coinbase and Binance. Ripple Labs is also facing a lawsuit from the SEC, which alleges that Ripple Labs issued unregistered securities in the form of XRP tokens. Both Coinbase and Binance have vowed […]
Cybersecurity researcher ZachXBT recently highlighted a concerning issue with X’s new verification process. Previously, all verified accounts had blue checkmarks, but now blue checkmarks indicate that the owner of the account has an X Premium subscription and meets the requirements to display the checkmarks. Government officials, multilateral organizations, and individuals acting as government representatives now […]
Supra, a leading blockchain organization providing oracle and VRF (Verifiable Random Function) services, has announced the creation of HyperNova – its new bridgeless technology that facilitates cross-chain communication directly via layer one consensus. This groundbreaking new methodology eliminates the need for a centralized bridge, making blockchain connections more secure, reliable and scalable.HyperNova works by using […]
Tether’s Chief Technology Officer, Paolo Ardoino, has unveiled groundbreaking Bitcoin mining software, a pioneering step poised to reshape the mining landscape. Dedicated to technological advancements, Tether has committed to releasing specific components of this software as open source, a move that underscores their commitment to transparency, innovation, and a proactive approach to sharing cutting-edge developments […]
Decentralized finance (DeFi) has been hit hard by the crypto bear market, according to new data from IntoTheBlock. The blockchain analytics firm says in a new report that the total value locked (TVL) in DeFi is now at its lowest since February 2021 after approximately $170 billion in deposits left the sector. TVL refers to […]
Unstoppable Domains, a provider of digital identities that include crypto addresses, has launched a new messaging feature powered by XTMP. This feature allows owners of UD domains, or any Web3 wallet address, to chat with each other across the blockchain. The messaging can be used for any kind of decentralized, end-to-end encrypted messaging, such as […]
A federal court in Chicago has taken a groundbreaking step to combat cybercrime by using innovative technology to lock criminals out of their blockchain accounts. The court order applies to 16 individuals and international criminal organizations sanctioned by the United States Treasury Department, including the notorious Lazarus Group and Hydra Market.The Lazarus Group is a […]
The Biden administration has taken a significant stance on the crypto industry, with enforcement actions from the SEC and CFTC, as well as proposed regulations from the SEC and Treasury Department. These regulations could have major implications on the sector, from the SEC’s proposals on custody and exchanges to the Treasury’s new proposal on how […]
