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Telegram Agrees to Turn Over ICO Documents To SEC
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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?
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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
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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.

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

US SEC Signs Contracts with Blockchain Analytics Firm Anchain.Ai to Monitor DeFi Sector
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US SEC Signs Contracts with Blockchain Analytics Firm Anchain.Ai to Monitor DeFi Sector

The US SEC has awarded contracts to monitor unwanted movements across the DeFi sector. The SEC has tapped Anchain.AI artificial intelligence and blockchain company to help the regulator to analyze and trace smart contracts with the technology.

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

Grayscale Files with US SEC to Convert GBTC Into Bitcoin Spot ETF
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Grayscale Files with US SEC to Convert GBTC Into Bitcoin Spot ETF

Grayscale believes that if the SEC approves a futures-based ETF, the agency should be open to approve the physical based ETFs.

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

Ripple Co-Founder Jed McCaleb Dumps 28 Million XRP Tokens amid SEC Lawsuit
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Ripple Co-Founder Jed McCaleb Dumps 28 Million XRP Tokens amid SEC Lawsuit

Jed McCaleb, Ripple’s co-founder and its former Chief of Technology Officer, has seemingly resumed the sale of his XRP reserve, cashing out 28 million XRP.

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

South Korean Watchdogs Request Interpol’s Red Notice against Do Kwon
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South Korean Watchdogs Request Interpol’s Red Notice against Do Kwon

The controversy surrounding Do Kwon’s whereabouts continues to grow, given that South Korean prosecutors asked Interpol to issue a red notice against the Terraform Labs’ founder.

Circle Denies Receiving 'Wells Notice' Over USDC
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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
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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.

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

Crypto Lawyers Dispute SEC Chief's Jurisdiction Claims
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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
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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.

SEC Lawsuit against Ripple Continues with Gary Gensler Taking The Lead
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SEC Lawsuit against Ripple Continues with Gary Gensler Taking The Lead

With Gary Gensler officially sworn in as the official Chairman of the Securities and Exchange Commission (SEC), many XRP advocates are hoping that this may be an opportunity for the SEC and Ripple to revisit the basis of the lawsuit and to rediscuss it.

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

Taiwanese Singer Chen Lingjiu Implicated in JPEX Cryptocurrency Fraud Case
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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
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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."

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

Web3 Foundation Claims DOT is a Piece of  Software and Not a Security
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Web3 Foundation Claims DOT is a Piece of Software and Not a Security

Web3 Foundation has made a conclusion based on SEC terms that Polkadot is not a security

Continuous Crackdown on Crypto by US SEC is a Bullish Factor for Investors - Report
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Continuous Crackdown on Crypto by US SEC is a Bullish Factor for Investors - Report

The US SEC might be considered harsh for its crypto regulations, some investors use this as a basis for their investments in the space

Secret Network Announces Partnership with Modular Settlement Layer dYmension
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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
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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.

Exclusive: What are Top 5 FinTech Career Advice for Graduates?
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Exclusive: What are Top 5 FinTech Career Advice for Graduates?

Prof. Aris Stouraitis presents how Master of Science in Finance (FinTech and Financial Analytics) offered by Hong Kong Baptist University strives to nurture interdisciplinary talents and he offers the top 5 career advice for graduates who wish to work in FinTech and blockchain industry!

Bloomberg Predicts Bitcoin Price to Surge Past $20,000 in 2020, Doubling Last Year’s High
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Bloomberg Predicts Bitcoin Price to Surge Past $20,000 in 2020, Doubling Last Year’s High

Bloomberg predicted in its recent report that Bitcoin’s price in 2020 could reach double of last year’s high of $14,000. It further suggested that adoption is the primary Bitcoin metric, and Bloomberg takes a positive outlook on this end. Bitcoin’s price has seen a 60% decline in 2014, and at the end of 2016, Bitcoin matched the peak in 2013. If Bitcoin chooses to follow the same trend as 2016, with a 75% decline in 2018, Bitcoin is headed towards $20,000, according to Bloomberg.

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

Korean Prosecutors Consulting if LUNA Classified "Security"
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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
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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
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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.

Atomic Wallet Prevails in $100 Million Hack Lawsuit Dismissal
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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.

Ransomware Gang Evil Corp Group Strikes Again with New Ransomware WastedLocker
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Ransomware Gang Evil Corp Group Strikes Again with New Ransomware WastedLocker

A ransomware gang called Evil Corp Group is back in action again, after having been in retirement for an undetermined period of time. The malware hacker group strikes again by developing a ransom software dubbed WastedLocker.

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

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

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

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

Hamilton Lane Tokenizes Funds to Offer Individual Investors Access Private Markets
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Hamilton Lane Tokenizes Funds to Offer Individual Investors Access Private Markets

Hamilton Lane is making three investment funds available to individual investors by tokenizing part of its $835 billion funds via a partnership with Securitize.

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

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

U.S. Judge Approves SEC's Motion to Extend its Discovery Period For Lawsuit with Ripple
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U.S. Judge Approves SEC's Motion to Extend its Discovery Period For Lawsuit with Ripple

SEC's request to extend the facts discovery period for the ongoing Ripple case has been granted by Judge Sarah Netburn.

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

The Bank of Ghana Cooperates with German Giesecke+Devrient to Conduct its CBDC Pilot
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The Bank of Ghana Cooperates with German Giesecke+Devrient to Conduct its CBDC Pilot

The Bank of Ghana has launched cooperation with Giesecke+Devrient to conduct a pilot project for its Central Bank Digital Currency (CBDC) in West Africa Ghana.

Coinbase, Gemini, Binance & Kraken Address Twitter Hack: "Repercussions for Bitcoin Could’ve Been Worse"
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Coinbase, Gemini, Binance & Kraken Address Twitter Hack: "Repercussions for Bitcoin Could’ve Been Worse"

Twitter has never in its history experienced as big of a security breach and crypto hack scam as the one that happened earlier this week.

Wakweli and Polygon Partner for NFT Authentication
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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
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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.

Coinbase CEO Calls Out US SEC For Using Intimidation Tactics
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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.

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

Bitfinex Launches $400 Million Bounty Hunt for 2016 Hackers Who Stole $1.3 Billion in BTC
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Bitfinex Launches $400 Million Bounty Hunt for 2016 Hackers Who Stole $1.3 Billion in BTC

Bitfinex has launched a 400 million dollar bounty hunt in search of the hackers responsible for the theft of nearly 120,000 Bitcoins from the global exchange in 2016.

Coinbase warns of losing crypto industry leadership
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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)
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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)
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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
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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
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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
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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
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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
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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
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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
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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
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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)
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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)
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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
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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)
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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
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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
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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
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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?
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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)
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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
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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
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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
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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.

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

Binance.US Could Be in Violation of Securities Law
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Binance.US Could Be in Violation of Securities Law

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

Is Bitcoin's Price at $10K Stable? Here are Some Factors that Could Influence BTC
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Is Bitcoin's Price at $10K Stable? Here are Some Factors that Could Influence BTC

Bitcoin's (BTC) price dropped below $10,000 on the weekend, which ended BTC's two-month streak of staying above $10K.

Alibaba Founder Jack Ma Criticizes Current Financial Regulations
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Alibaba Founder Jack Ma Criticizes Current Financial Regulations

Alibaba founder Jack Ma highlights the importance of fintech innovations over regulations.

$1.7 Billion Rehabilitation Plan for Mt. Gox Hack Victims Shelved Until December
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$1.7 Billion Rehabilitation Plan for Mt. Gox Hack Victims Shelved Until December

Victims of the now non-defunct crypto exchange Mt. Gox will have to wait on their refund following a 2014 hack, which triggered the loss of over 150,000 Bitcoin.

NY Business Examines Core Scientific Securities Fraud
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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
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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
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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
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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
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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.

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

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

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

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

Kaspersky’s Expert Take on KYC and AML: Stock vs Crypto Exchanges
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Kaspersky’s Expert Take on KYC and AML: Stock vs Crypto Exchanges

In Part 2 of our interview, Yeo Siang Tiong, General Manager for Southeast Asia, Kaspersky shared how Kaspersky provides cybersecurity solutions for stock and crypto exchanges to address KYC and AML concerns. He also walked us through the Kaspersky Application Security Assessment and explained its significance in safeguarding assets in crypto exchanges.

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

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

SEC Approves VanEck to Launch the Second Bitcoin Futures ETF in the U.S. Markets
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SEC Approves VanEck to Launch the Second Bitcoin Futures ETF in the U.S. Markets

The second Bitcoin-futures EFT is set to begin trading next week. The US SEC has made another important move by allowing VanEck to launch trading of its Bitcoin-futures ETF.

First US DAO to battle SEC without lawyers
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First US DAO to battle SEC without lawyers

In its 2021 SEC filing, the DAO listed its native, interdependent tokens — the stablecoin Ducat and governance token Locke. The regulator has started the process of issuing a stop order, citing a slew of issues with the registration. American CryptoFed plans to file a motion to extend the deadline for responding to the SEC's Order Instituting Administrative Proceedings.

Brad Garlinghouse Lawyers Requests Documents from Binance in Ongoing Case with SEC
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Brad Garlinghouse Lawyers Requests Documents from Binance in Ongoing Case with SEC

Brad Garlinghouse's lawyers have requested some documents from Binance to back its defence against the US SEC.

Blockchain Security Startup BlockSec Pulls $8m in Seed+ Funding Round
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Blockchain Security Startup BlockSec Pulls $8m in Seed+ Funding Round

Blockchain security startup, BlockSec has announced it has completed a new seed plus funding round where it pulled the sum of $8 million from top investors.

Voyager reportedly sells assets on Coinbase exchange
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Voyager reportedly sells assets on Coinbase exchange

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

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

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

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

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

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

Trump's National Security Council Sees DLT as Critical Weapon in US-China Tech War
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Trump's National Security Council Sees DLT as Critical Weapon in US-China Tech War

The United States National Security Council has named distributed ledger technology (DLT) as one the most critical focus areas in its tech war with China and Russia.

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

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

DOJ Wants to Bypass End-to-End Encryption to Fight Child Sexual Exploitation – Cause for Concern for Tech?
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DOJ Wants to Bypass End-to-End Encryption to Fight Child Sexual Exploitation – Cause for Concern for Tech?

US government officials want to bypass encryption on websites, under allegations that child sexual exploitation runs unmonitored on strongly encrypted platforms.

Coinbase CLO Responds to SEC's Opposition
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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
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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.

XRP Holders’ Request for Motion to Intervene in SEC-Ripple Case Gets Approved by the Court
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XRP Holders’ Request for Motion to Intervene in SEC-Ripple Case Gets Approved by the Court

A court order by District Judge Analisa Torres has confirmed that XRP holders’ motion to intervene has been approved.

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

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

ASIC Raids Binance Australia as Global Regulatory Hurdles Mount
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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
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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.

Hong Kong Blockchain Ecosystem Feb 2020 - New Members
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Hong Kong Blockchain Ecosystem Feb 2020 - New Members

Hong Kong Blockchain Ecosystem Feb 2020 - New Members

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

Monica Long Named New President of Ripple
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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
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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
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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
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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.

List of Blockchain Projects, People and ICOs the SEC Charged
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List of Blockchain Projects, People and ICOs the SEC Charged

A list of some of the blockchain projects and crypto figures who have been charged by the United States Securities and Exchange Commission over the years.

CoinGecko Hit by Phishing Scam
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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
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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
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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.

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

US Bitcoin Corp-Hut 8 Merger Progresses Amid Celsius Plan Approval
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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.

Thailand's SEC Eyes on Decentralized Finance
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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.

Vitalik Buterin Proposes a Quantum-Resistant Hard Fork for Ethereum
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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.

Coinbase Discontinues Plans to Launch Cryptocurrency Lending Product Following SEC’s Warning
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Coinbase Discontinues Plans to Launch Cryptocurrency Lending Product Following SEC’s Warning

Ongoing regulatory pressure has pushed Coinbase to scrap plans for a cryptocurrency lending product.

Ripple Lawyers Merge the Last Piece with Legal Puzzle
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Ripple Lawyers Merge the Last Piece with Legal Puzzle

Ripple’s attorneys have pooled the affidavits of many XRP coin holders. Per the update shared, the testimonies from these XRP investors will show the court two major things.

SEC Charges Citadel Securities Over Short Sale Regulation Violations
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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
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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.

Legal Battle between Ripple Labs and SEC Seek End Game
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Legal Battle between Ripple Labs and SEC Seek End Game

The Ripple-SEC legal case has entered into the summary judgment phase. Both parties are seeking a speedy close to the lawsuit.

Bitcoin Surges Past $28,000 and GBTC Discount Narrows to 17%
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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.

Ripple CEO Hints that XRP Operations Will Be Fine Despite SEC Lawsuit and Previous Failure to Settle
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Ripple CEO Hints that XRP Operations Will Be Fine Despite SEC Lawsuit and Previous Failure to Settle

Ripple’s CEO Brad Garlinghouse demystified certain things pertaining to the Securities and Exchange Commission (SEC)’s lawsuit.

Brazilian SEC Seeks Adjustment to Crypto Regulation
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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.

Hong Kong's First Spot Bitcoin ETF Gains Approval, Echoing US SEC's Move
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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
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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.

Grayscale Goes to Court After SEC Rejects its Proposed ETF Bid
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Grayscale Goes to Court After SEC Rejects its Proposed ETF Bid

The United States Securities and Exchange Commission (SEC) dashed the hopes of Grayscale Investments with a rejection of its application to convert the Grayscale Bitcoin Trust product to a full-spot Exchange Traded Fund (ETF)

Algorand (ALGO) Foundation CEO's Social Media Hacked
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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
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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.

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

Asset Manager Invesco Files for 2 Crypto ETFs in the US
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Asset Manager Invesco Files for 2 Crypto ETFs in the US

American independent investment management company Invesco Ltd has announced the launch of two Exchange Traded Funds in the U.S.

a16z-Backed Stelo Labs Ceases Operations Today, October 31, 2023
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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
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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%
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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.

SEC to Regulate Binance Chain With Blockchain Analytics Firm CipherTrace
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SEC to Regulate Binance Chain With Blockchain Analytics Firm CipherTrace

The US Securities and Exchange Commission plans to award CipherTrace blockchain analytics firm with a contract pertaining to Binance Chain.

Terraform Labs Seeks Citadel Securities' Trading Data amid SEC Lawsuit
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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)
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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.

Twitter Hires Former Hacker Peiter 'Mudge' Zatko as Head of Security
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Twitter Hires Former Hacker Peiter 'Mudge' Zatko as Head of Security

Following the high-profile security breach witnessed in July this year, Twitter has hired former hacker Peiter 'Mudge' Zatko as its new head of security.

Caroline Ellison hires former top SEC crypto regulator
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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
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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
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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.

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

US DHS Cybersecurity Official Expects to be Fired in Trump’s Post-Election Purge for Debunking Fake News
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US DHS Cybersecurity Official Expects to be Fired in Trump’s Post-Election Purge for Debunking Fake News

A United States Homeland cybersecurity official, Christopher Krebs expects to be cut in President Trump’s post-election purge for proactively debunking disinformation.

Tel Aviv Stock Exchange To Launch Blockchain Based Securities Lending Platform
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Tel Aviv Stock Exchange To Launch Blockchain Based Securities Lending Platform

Israel’s only stock exchange, the Tel Aviv Stock Exchange (TASE) is on course to launch a blockchain-based platform for securities lending in the country

US SEC Extends Review Period for 7RCC's Bitcoin ETF Listing
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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.

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

Ripple Anticipates U.S. Banks to Adopt XRP Following Partial SEC Case Victory
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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.

Telegram Hit With $18.5 Million SEC Fine and Set to Return $1.2 Billion to Investors as it Dissolves TON Project
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Telegram Hit With $18.5 Million SEC Fine and Set to Return $1.2 Billion to Investors as it Dissolves TON Project

Telegram will return $1.2 billion to investors and pay a fine of $18.5 million to the SEC as it dissolves TON network. But community members seek to revive the project.

Fantom (FTM) Foundation CEO Reveals Exciting Plans for Sonic's Launch and Future Development
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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
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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

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

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

Allison Herren Lee Steps Down as US SEC Commissioner
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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.

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

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

Significant Crypto Hacks in December 2023, with Orbit Bridge Exploit Leading the Surge
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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
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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
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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.

Kraken CEO Reveals Why It Is a Huge Risk for Crypto Exchanges to List XRP
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Kraken CEO Reveals Why It Is a Huge Risk for Crypto Exchanges to List XRP

Kraken CEO Jesse Powell has addressed Ripple’s legal woes with the Securities and Exchange Commission (SEC) over XRP.

Grayscale Launches New Crypto Dealer as Genesis Got Incapacitated With 3AC Bankruptcy
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Grayscale Launches New Crypto Dealer as Genesis Got Incapacitated With 3AC Bankruptcy

Grayscale Investments, one of the largest asset managers in the digital currency ecosystem has launched a new broker-dealer dubbed Grayscale Securities, recent filings with the United States Securities and Exchange Commission show

Cathie Wood: SEC to Approve Multiple Bitcoin ETFs Simultaneously
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Cathie Wood: SEC to Approve Multiple Bitcoin ETFs Simultaneously

Cathie Wood predicts the U.S. SEC may simultaneously approve multiple Bitcoin ETFs.

ECB Advances Digital Euro Project into Preparation Phase
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ECB Advances Digital Euro Project into Preparation Phase

The ECB's progression into the preparation phase of the digital euro project marks a pivotal step towards modernizing Europe's financial infrastructure. The digital euro, envisioned as a secure, accessible, and private means of digital payment, holds the promise of fortifying the European monetary system in the digital age.

Ripple's CEO Discloses to Spend over $100m Fighting Legal Battle with SEC
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Ripple's CEO Discloses to Spend over $100m Fighting Legal Battle with SEC

Brad Garlinghouse, Ripple's CEO, has disclosed that the company will need to spend over $100 million on lawsuits with the US Securities and Exchange Commission (SEC) for regulation issues.

Class-Action Lawsuit Filed against MoneyGram for Allegedly Misleading Investors with XRP
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Class-Action Lawsuit Filed against MoneyGram for Allegedly Misleading Investors with XRP

MoneyGram is currently facing a class-action lawsuit for allegedly misleading investors with XRP.

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

SkyBridge Capital Achieves Record Year with Crypto Investments, Scaramucci Foresees Bright Future for Bitcoin
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SkyBridge Capital Achieves Record Year with Crypto Investments, Scaramucci Foresees Bright Future for Bitcoin

Anthony Scaramucci's SkyBridge Capital records its best year in 2023 with a 130% rise in crypto investments, primarily in Bitcoin, Ethereum, and Solana. Scaramucci predicts Bitcoin will surpass its all-time high, bolstered by the recent approval of Bitcoin ETFs by the SEC.

Thailand's Commercial Bank SCB Terminates Deal to Acquire BitKub Crypto Exchange
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Thailand's Commercial Bank SCB Terminates Deal to Acquire BitKub Crypto Exchange

Siam Commercial Bank (SCB), the oldest commercial banking institution in Thailand has announced the effective termination of its proposed deal to acquire the BitKub exchange.

Bitcoin Price Will Ignite on September 7, Says Former Prudential Securities CEO and New Bitcoin Bull George Ball
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Bitcoin Price Will Ignite on September 7, Says Former Prudential Securities CEO and New Bitcoin Bull George Ball

George Ball the former chief executive of Prudential Securities and current chairman of Sanders Morris Harris has joined the growing list of traditional financial industry experts to advocate for Bitcoin as a safe have asset and hedge against inflation.

Thai SEC Regulates Crypto Custody Providers
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Thai SEC Regulates Crypto Custody Providers

New crypto custody guidelines from Thailand's Securities and Exchange Commission (SEC) safeguard bitcoin investors. VASPs must put up a digital wallet management system to ensure efficient custody under the new laws. Designing, implementing, and maintaining digital wallets and keys need VASP policies.

Nigerian Securities Commission to Release Official Guidelines on Crypto Regulations
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Nigerian Securities Commission to Release Official Guidelines on Crypto Regulations

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

Senate Rejects Second Stimulus, Markets Plunge and Bitcoin Price Predicted to Crash to $8,000 in September
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Senate Rejects Second Stimulus, Markets Plunge and Bitcoin Price Predicted to Crash to $8,000 in September

Our analysis predicts that the Bitcoin price could crash down to $8,000 following the rejection of the United States' second stimulus by Senate Democrats.

SlowMist Reports Surge in Diverse Crypto Security Incidents for the Week of September 17-23, 2023
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SlowMist Reports Surge in Diverse Crypto Security Incidents for the Week of September 17-23, 2023

SlowMist, a cybersecurity firm specializing in blockchain, released its weekly security report for the week of September 17-23, 2023. The report highlights a total of seven security incidents with an estimated loss of around $380,600. The week saw a significant rise in phishing attacks and rug pull tactics, as well as the emergence of diverse attack methods like DNS hijacking and contract vulnerabilities.

SBI Holdings to Launch Investment Fund for Emerging Companies like Web3, AI, and Metaverse Startups
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SBI Holdings to Launch Investment Fund for Emerging Companies like Web3, AI, and Metaverse Startups

SBI Holdings plans to invest 100 billion yen in startups focusing on Web3, AI, and metaverse, with financial institutions supporting Japan's goal to nurture its startup ecosystem and enhance its Asian startup hub position.

Terraform Labs co-founder defends against SEC allegations
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Terraform Labs co-founder defends against SEC allegations

Do Kwon, co-founder of Terraform Labs, has defended himself against allegations of fraud from the US Securities and Exchange Commission (SEC). Kwon’s lawyers have requested the dismissal of the lawsuit, claiming that the SEC's allegations are unfounded and that US law prohibits regulators from asserting jurisdiction over the digital assets in question. The lawyers also argued that the SEC failed to prove Kwon’s involvement in the collapse of Terra’s stablecoin, UST.

SEC Chair Gary Gensler Warns Crypto Companies
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SEC Chair Gary Gensler Warns Crypto Companies

Kraken agreed to shut down its U.S. staking services and initiatives, but SEC chair Gary Gensler advised other businesses to “come in and respect the law.”

What Does Oracle's TikTok Deal Mean for the US? ByteDance Confident President Trump Will Approve Deal
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What Does Oracle's TikTok Deal Mean for the US? ByteDance Confident President Trump Will Approve Deal

ByteDance is confident that its deal with Oracle tech giant for TikTok’s US operations will be approved by both Chinese and American regulators.

FTX's Sam Bankman-Fried Urges 'Federal Oversight of Crypto'
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FTX's Sam Bankman-Fried Urges 'Federal Oversight of Crypto'

FTX co-founder and Chief Executive Officer Sam Bankman-Fried said some tokens could be classified as securities and those that are not, urging a federal oversight of the crypto industry.

Nexo to terminate yield-bearing product after paying $45 million
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Nexo to terminate yield-bearing product after paying $45 million

Nexo Capital's cryptocurrency yield-bearing product is being shut down in the US following a multi-million dollar settlement with the SEC and NASAA.

Congressman Torres Calls for Investigation into SEC's Approach to Crypto Licensing
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Congressman Torres Calls for Investigation into SEC's Approach to Crypto Licensing

The U.S. Securities Exchange Commission (SEC) has been the subject of two separate, independent investigations at the request of Representative Ritchie Torres (D-NY) over its handling of digital assets.

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

Freeport Launches Crowd-Ownership Platform for Warhol Prints
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Freeport Launches Crowd-Ownership Platform for Warhol Prints

Freeport has received SEC approval to launch its crowd-ownership blockchain platform for a four-piece collection of Warhol prints, with each piece consisting of 10,000 shares and a minimum purchase of 10 shares per individual.

SEC Charges Titan Global Capital Management for Misleading Advertisements and Compliance Failures
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SEC Charges Titan Global Capital Management for Misleading Advertisements and Compliance Failures

On Aug 21, 2023, the SEC charged Titan Global Capital Management for misleading ads and compliance failures. Titan advertised a 2,700% annualized return, omitting key details. They'll pay $1.04M in penalties and disgorgement.

SEC Files Application to Compel Elon Musk's Compliance with Subpoena
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SEC Files Application to Compel Elon Musk's Compliance with Subpoena

The U.S. Securities and Exchange Commission (SEC) has filed an application to compel Tesla CEO Elon Musk to comply with an administrative subpoena. The SEC is investigating Musk's 2022 Twitter stock purchases and his related statements and SEC filings. Despite initially agreeing to testify, Musk later refused to comply with the subpoena, prompting the SEC to seek court intervention.

Verizon Cybersecurity CPO, Alex Schlager on Why 5G Networks Require a Whole New Approach to Enterprise Online Data Security
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Verizon Cybersecurity CPO, Alex Schlager on Why 5G Networks Require a Whole New Approach to Enterprise Online Data Security

Alex Schlager, CPO of Security Services for Verizon Business believes 5G networks require a completely new way of thinking about security.

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

Naoris Protocol Secures $11.5 m Funding, Enhancing Web3 Networks Security
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Naoris Protocol Secures $11.5 m Funding, Enhancing Web3 Networks Security

Cybersecurity protocol Naoris raised the funding with $11.5 million, which it mentions will enable it to revamp network security for the Web3 world.

US SEC Executive Who said Ethereum is Not a Security to Leave the Agency
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US SEC Executive Who said Ethereum is Not a Security to Leave the Agency

The US SEC has announced that William Hinman, the current director of the Division of Corporate Finance, would leave the commission by the end of this year.

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

SEC Commissioner Hester Peirce Speaks Up on Controversial Penny Stock Bars
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SEC Commissioner Hester Peirce Speaks Up on Controversial Penny Stock Bars

SEC Commissioner Hester Peirce has expressed her dissenting stance on the Commission's latest decision to impose permanent penny stock bars on four respondents involved in adjudication matters. This sentiment was publicized in her tweet on June 28, along with a link to an official statement explaining her position.

Japanese Crypto Exchange Relaunches XRP Trading, Will Other Exchanges Relist XRP?
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Japanese Crypto Exchange Relaunches XRP Trading, Will Other Exchanges Relist XRP?

It appears that Japanese crypto exchange Decurret has reinstated XRP cryptocurrency trades on its platform, amid the Securities and Exchange Commission’s lawsuit against Ripple.

Meta Files for Debt Shelf Offerings
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Meta Files for Debt Shelf Offerings

Meta, the parent company of Facebook, Instagram, and WhatsApp, has filed for new debt shelf offerings with the United States Securities and Exchange Commission (SEC). The company has not disclosed the exact amount of debt securities being offered, but it plans to issue a new prospectus supplement each time a debt security is sold.

US Regulator Crypto Custody Proposal Opposed
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US Regulator Crypto Custody Proposal Opposed

The US SEC's proposal to amend its custody rule has faced opposition from the Blockchain Association and Andreessen Horowitz, who have filed letters criticising the rule's impact on investment advisers and its potential to curtail investment in digital assets. The SEC's proposal would apply more stringent rules on investment advisers in the custody of assets, including crypto.

CertiK Outlines Mobile Blockchain Security Threats and Countermeasures
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CertiK Outlines Mobile Blockchain Security Threats and Countermeasures

CertiK discussed security challenges of blockchain technologies on mobile platforms, including malware, insecure wallet apps, and network vulnerabilities, and provided countermeasures like reputable security solutions and regular updates.

Curve Founder Michael Egorov Withdraws Near 12 Million CRV Tokens
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Curve Founder Michael Egorov Withdraws Near 12 Million CRV Tokens

Michael Egorov, the founder of Curve Finance, withdrew nearly 12 million CRV tokens, equivalent to $5.08 million, from the platform's vesting contracts on October 12, 2023. This move aligns with the vesting schedule of CRV, enabling Egorov to claim $235,000 worth of CRV daily.

Gemini Allocates $24 Million for Expansion in India
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Gemini Allocates $24 Million for Expansion in India

Gemini is set to invest $24 million in its Gurgaon development center in India, focusing on core platform areas like compliance and security. The move is part of Gemini's broader strategy to tap into India's burgeoning tech and startup ecosystem.

ARK Invest and 21Shares Launch Innovative Digital Asset ETF Suite
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ARK Invest and 21Shares Launch Innovative Digital Asset ETF Suite

ARK Invest and 21Shares have launched a suite of digital asset ETFs, combining crypto-specific insights with traditional investment indicators, focusing on Bitcoin and Ether futures.

SEC Rejects VanEck Spot Bitcoin Trust Proposal
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SEC Rejects VanEck Spot Bitcoin Trust Proposal

The United States Securities and Exchange Commission has denied the proposal for a spot Bitcoin trust by investment manager VanEck. This decision follows a trend of the SEC denying every application for a spot Bitcoin trust over the last six years. Two SEC commissioners have released a statement criticizing the decision and alleging a double standard in the Commission’s approach to commodity-based exchange-traded products (ETPs).

Grayscale's Court Victory Influences SEC's Landmark Approval of Bitcoin ETFs
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Grayscale's Court Victory Influences SEC's Landmark Approval of Bitcoin ETFs

The U.S. SEC, under Chair Gary Gensler, has approved several spot Bitcoin ETFs, a significant regulatory shift influenced by a court victory by Grayscale. This decision marks a new era in cryptocurrency regulation, signaling greater acceptance and potential mainstream adoption of digital assets.

Voyager Digital Receives a Cease and Desist Order from New Jersey Regulators
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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's Delay on BlackRock Ethereum ETF Decision Signals Cautious Stance
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SEC's Delay on BlackRock Ethereum ETF Decision Signals Cautious Stance

The SEC has postponed its decision on BlackRock's proposed Ethereum ETF to March 10, 2024. This reflects the regulator's cautious approach toward crypto-based investment products and highlights the need for clearer regulatory frameworks in the digital assets space.

SEC to Amend Reporting Standards for Hedge Funds Alongside CFTC
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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.

US District Court Sanctions SEC Over Misconduct in Debt Box Litigation
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US District Court Sanctions SEC Over Misconduct in Debt Box Litigation

US District Court Judge Robert J. Shelby reprimands the SEC for "bad faith" conduct, imposing sanctions amid Debt Box lawsuit proceedings.

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

SEC Intensifies Scrutiny on Binance Operations and Key Personnel
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SEC Intensifies Scrutiny on Binance Operations and Key Personnel

The Securities and Exchange Commission (SEC) escalates its examination of Binance's adherence to a Consent Order, probing asset control and employee compensation.

XRP Investors Looking to Join XRP Case Trigger Different Reactions from The SEC and Ripple
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XRP Investors Looking to Join XRP Case Trigger Different Reactions from The SEC and Ripple

While the Securities and Exchange Commission has opposed XRP holders' motion to intervene, Ripple seems to think it should be approved by the court.

DeFi Execs Argue KYC as Solution to Combat Money Laundering in the Industry
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DeFi Execs Argue KYC as Solution to Combat Money Laundering in the Industry

DeFi executives at the WOW Summit in Hong Kong endorse KYC as a solution to tackle AML issues and combat hackers laundering stolen funds into clean money. However, there are concerns that KYC alone will not solve all AML problems and that different mechanisms should be used for different solutions.

Coinbase and Brian Armstrong Named as Defendants in a Securities Lawsuit
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Coinbase and Brian Armstrong Named as Defendants in a Securities Lawsuit

Coinbase Global Inc, Coinbase Inc, and Brian Armstrong have been named defendants in a class-action lawsuit. Three leading exchanges are accused of without sharing the required risks involved in trading as many as 79 different tokens.

Senator Warren Focuses on Crypto Scam Risks for Seniors, Advocates New Legislation
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Senator Warren Focuses on Crypto Scam Risks for Seniors, Advocates New Legislation

Senator Warren emphasized the Digital Asset Anti-Money Laundering Act, gaining bipartisan support to regulate crypto activities and protect vulnerable populations from financial fraud.

Coinbase Sued For Failing to Grant Wallet Access During Volatility
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Coinbase Sued For Failing to Grant Wallet Access During Volatility

The lawsuit against Coinbase was filed by George Kattula on behalf of the aggrieved users of the exchange who claimed the firm did not grant them access to their crypto wallets during periods of price volatility.

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

Ripple on the Brink of Decisive Win as SEC Legal Battle Nears End
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Ripple on the Brink of Decisive Win as SEC Legal Battle Nears End

Ripple is expected to win a legal battle with the SEC, potentially settling $20 million or less. This victory is expected due to legal perspectives and the recent Second Circuit Court ruling, impacting digital currency regulation.

WisdomTree cryptocurrency funds lose value in fourth quarter
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WisdomTree cryptocurrency funds lose value in fourth quarter

Despite rising revenues and fund inflows, the $82 billion fund manager posted a fourth-quarter net loss.

Binance Contributes to Recovery and Return of $10,000 of Stolen Crypto To a Targeted Investor
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Binance Contributes to Recovery and Return of $10,000 of Stolen Crypto To a Targeted Investor

Binance affiliate crypto security expert Harry Denley helped a victim recover $10, 000 worth of lost cryptocurrency recently.

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

Germany's Federal Ministry of Finance Puts Digital Security Adoption at Core of Blockchain Strategy
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Germany's Federal Ministry of Finance Puts Digital Security Adoption at Core of Blockchain Strategy

Germany’s Federal Ministry of Finance (BMF) and the Federal Ministry of Justice and Consumer Protection (BMJV) have introduced a bill that highlights the adoption of digital securities as a crucial element of Germany’s blockchain strategy.

CFTC Report Underscores DeFi Risks and Calls for Action
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CFTC Report Underscores DeFi Risks and Calls for Action

The CFTC report on DeFi underscores significant risks to the U.S. financial system, national security, and consumer protection, emphasizing the need for increased understanding, regulation, and collaboration in the sector.

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

SEC Chairman Gary Gensler Faced with Scrutiny Over Compliance with Federal Recordkeeping Requirements
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SEC Chairman Gary Gensler Faced with Scrutiny Over Compliance with Federal Recordkeeping Requirements

The Chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, is under scrutiny for alleged noncompliance with federal recordkeeping requirements. This issue has sparked controversy in the crypto world due to the potential implications on regulatory transparency and accountability.

HTX Hacker Returns Stolen Ether, Rewarded with Bounty
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HTX Hacker Returns Stolen Ether, Rewarded with Bounty

The hacker who stole 5,000 Ether from Huobi Global's exchange HTX returned the funds on October 7, following a bounty offer from HTX. The exchange had offered a 5% bounty of the stolen funds if returned by an October 2 deadline. Upon the return of the stolen funds, the hacker was rewarded with a 250 ETH bounty, valued at approximately $410,000. The return of the funds and the bounty payout was publicly acknowledged by HTX adviser Justin Sun.

Telegram May Push TON Launch Date Before Facing SEC
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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).

How Kaspersky Protects Investors During Token Sales in 7 Ways
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How Kaspersky Protects Investors During Token Sales in 7 Ways

In the exclusinve interview with Blockchain.News, Yeo Siang Tiong, General Manager for Southeast Asia at Kaspersky shares the latest trend on cybersecurity threats in crypto fundraising and how Kaspersky's solutions can protect investors in 7 ways.

GBTC's Discount to NAV Hits New Record Low after SEC Declining its Bitcoin Spot ETF Application
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GBTC's Discount to NAV Hits New Record Low after SEC Declining its Bitcoin Spot ETF Application

Grayscale’s flagship product GBTC has continued to widen its discount. The discount signals the poor performance of the Bitcoin fund. As a solution, Grayscale wants to convert the GBTC into a spot Bitcoin ETF.

SEC Gains Upper Hand: Ripple Ordered to Disclose XRP Sales Data
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SEC Gains Upper Hand: Ripple Ordered to Disclose XRP Sales Data

A US district judge has ordered Ripple to disclose XRP's financial and institutional sales data, a significant victory for the SEC amid allegations of unregistered sales.

SEC Considers Filecoin a Security, Grayscale Disagrees
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SEC Considers Filecoin a Security, Grayscale Disagrees

According to the SEC, Grayscale's Filecoin Trust's underlying asset, Filecoin (FIL), should be classified as a security under federal securities laws. The regulatory body's viewpoint has sparked a dispute, as Grayscale holds a differing opinion on the matter.

Ark Invest's Cathie Wood Challenges Vanguard's Bitcoin ETF Exclusion Decision
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Ark Invest's Cathie Wood Challenges Vanguard's Bitcoin ETF Exclusion Decision

Ark Invest CEO Cathie Wood criticizes Vanguard for excluding Bitcoin ETFs, marking a significant shift in investment preferences as customers move to crypto-friendly platforms. This controversy reflects the evolving dynamics of the financial sector.

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

Titanium Blockchain CEO Sentenced to Four Years in Prison
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Titanium Blockchain CEO Sentenced to Four Years in Prison

Michael Stollery, the CEO of Titanium Blockchain, has been sentenced to four years in prison for his involvement in a cryptocurrency fraud scheme that raised approximately $21 million through an initial coin offering (ICO) in 2018. Stollery pleaded guilty to securities fraud, admitting to falsifying aspects of TBIS’ whitepapers, planting fake client testimonials on the TBIS website, and commingling ICO investors’ funds with his own.

US Should Register Ripple’s XRP Token as a Security, Says Market Expert Peter Brandt
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US Should Register Ripple’s XRP Token as a Security, Says Market Expert Peter Brandt

The question of whether Ripple’s XRP token should be classified as a security remains unclear and has been debated upon.

Bitcoin Price Surges to All-Time High Of $66,900 Level
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Bitcoin Price Surges to All-Time High Of $66,900 Level

Bitcoin has surged $66,900 level, passing the previous price record of $64,889 set in April.

US Department of Homeland Security Can Now Trace Illicit Monero Cryptocurrency Transactions
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US Department of Homeland Security Can Now Trace Illicit Monero Cryptocurrency Transactions

The United States Department of Homeland Security will now be able to track transactions of the most privacy-oriented cryptocurrency coin Monero (XMR).

Ripple Scores a Big Win against the SEC as Court Denies SEC's Motion
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Ripple Scores a Big Win against the SEC as Court Denies SEC's Motion

The ongoing legal battle between the US Securities and Exchange Commission and blockchain payments firm Ripple Labs may be nearing an end as Judge Sarah Netburn has denied the regulator’s motion for Reconsideration of the DPP Ruling.

German Crypto Firm USI Tech Founder Charged in $150 Million Fraud Scheme
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German Crypto Firm USI Tech Founder Charged in $150 Million Fraud Scheme

Horst Jicha, founder of USI Tech, has been charged with defrauding investors of $150 million in a fraudulent crypto scheme, marking a significant development in regulatory action against crypto-related crimes.

NEAR Protocol's Q2 Market Cap Holds at $1.25 Billion, Experiences 25% QoQ Decline
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NEAR Protocol's Q2 Market Cap Holds at $1.25 Billion, Experiences 25% QoQ Decline

According to Mesari, NEAR Protocol, a leading smart contract platform, demonstrated resilience and growth in Q2 2023, despite being listed in the SEC's complaint against Coinbase. The platform's financial and network fundamentals remained stable, with strategic partnerships and grassroots initiatives driving user adoption.

Animoca Brands to Focus on Markets Outside U.S. after SEC Labels Sand Cryptocurrency an Unregistered Security
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Animoca Brands to Focus on Markets Outside U.S. after SEC Labels Sand Cryptocurrency an Unregistered Security

Hong Kong-based blockchain giant, Animoca Brands, has announced its plans to shift its focus to markets outside the U.S.

Messari Founder Ryan Selkis Launches Advocacy Group in Response to Recent SEC Actions
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Messari Founder Ryan Selkis Launches Advocacy Group in Response to Recent SEC Actions

Following the U.S. Securities and Exchange Commission's (SEC) charges against popular cryptocurrency exchanges Binance and Coinbase, Messari founder Ryan Selkis has launched a new advocacy group named @DFA2024.

ETH ETF Approval Faces Uncertainty Amid Market Turbulence and SEC Resistance
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ETH ETF Approval Faces Uncertainty Amid Market Turbulence and SEC Resistance

Crypto legal expert Jake Chervinsky expresses skepticism over ETH ETF approval in 2024, highlighting SEC's political concerns and market volatility.

DOJ Seeks Over $4 Billion from Binance Amidst Years of Legal Challenges
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DOJ Seeks Over $4 Billion from Binance Amidst Years of Legal Challenges

The U.S. DOJ is demanding over $4 billion from Binance to resolve a criminal case, potentially impacting the crypto market and investor sentiment.

Seoul Prosecutors Reveal Terra's Do Kwon is Hiding in Europe
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Seoul Prosecutors Reveal Terra's Do Kwon is Hiding in Europe

South Korean prosecutors believe Do Kwon is currently residing in Europe

SEC Proposes New Rules to Address Conflicts of Interest in AI Usage by Brokerage Firms
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SEC Proposes New Rules to Address Conflicts of Interest in AI Usage by Brokerage Firms

The U.S. Securities and Exchange Commission (SEC) has proposed new rules to address potential conflicts of interest that may arise when investment advisers and broker-dealers use predictive data analytics and artificial intelligence (AI).

Fireblocks Introduces 'Off Exchange' to Address Exchange Counterparty Risk, Integrates with Deribit
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Fireblocks Introduces 'Off Exchange' to Address Exchange Counterparty Risk, Integrates with Deribit

Fireblocks introduces 'Off Exchange', reducing exchange counterparty risk for institutional traders, allowing them to trade directly from on-chain MPC shared wallets, marking a significant advancement in digital asset trading.

US Congress Proposes Bill to Restrict Government Interactions with Foreign Adversarial Blockchain Networks
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US Congress Proposes Bill to Restrict Government Interactions with Foreign Adversarial Blockchain Networks

US Congress introduces H.R.6307, limiting government interactions with Chinese blockchain networks, addressing national security and data privacy concerns, and urging increased scrutiny in the technology sector.

Binance Collaborates with Royal Thai Police to Disrupt Criminal Networks
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Binance Collaborates with Royal Thai Police to Disrupt Criminal Networks

Binance, in conjunction with the Royal Thai Police, has successfully disrupted major crypto fraudulent networks in Thailand through two significant operations. The collaboration led to the arrest of key individuals and substantial asset seizures, underscoring Binance's proactive stance against cybercrime and its ongoing commitment to enhancing security within the digital asset ecosystem.

Ransomware Group Demands $4M in Bitcoin from Argentina, Border Activity Halted for 4 Hours
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Ransomware Group Demands $4M in Bitcoin from Argentina, Border Activity Halted for 4 Hours

A Bitcoin ransomware attack was directed towards Argentina’s immigration agency, halting border crossing temporarily.

Hut 8 Mining Corp Refutes JCapital Research's Allegations
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Hut 8 Mining Corp Refutes JCapital Research's Allegations

Hut 8 Mining Corp, a leading Bitcoin miner, strongly refutes allegations by JCapital Research in a recent short report, emphasizing their commitment to transparency and urging stakeholders to refer to official SEC and Canadian regulatory filings for accurate information.

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

Nigeria Plans to Regulate Digital Asset Platforms
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Nigeria Plans to Regulate Digital Asset Platforms

Nigeria’s SEC is considering new regulations for digital asset platforms, allowing licensed digital exchanges to list tokens backed by certain assets. Cryptocurrencies like Bitcoin and Ether will not be among those assets. Nigeria aims to register fintech firms as digital sub-brokers, crowdfunding intermediaries, fund managers, and tokenized coins issuers. Crypto exchanges will not be registered until the central bank provides clear regulations.

Ripple Wins Access to SEC Internal Documents on Bitcoin, Ether, and Other Cryptocurrencies
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Ripple Wins Access to SEC Internal Documents on Bitcoin, Ether, and Other Cryptocurrencies

Ripple was granted access to the Securities and Exchange Commission’s internal documents pertaining to the agency’s interpretation and views on cryptocurrencies such as Bitcoin and Ether.

Algorand Wallets Hacked Again
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Algorand Wallets Hacked Again

Algodex warns of a security breach on March 5, while MyAlgo urges users to withdraw assets or rekey funds following a February hack.

ShapeShift Responds to Elizabeth Warren
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ShapeShift Responds to Elizabeth Warren

Shapeshift responded to Senator Warren's Valentine's Day Senate hearing statements on Twitter on Feb. 19.

Thailand SEC Eases ICO Restrictions
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Thailand SEC Eases ICO Restrictions

Thailand’s Securities and Exchange Commission (SEC) plans to lift restrictions on retail investment in initial coin offerings (ICOs). The SEC aims to permit bigger investments in asset-backed ICOs, including those backed by real estate and infrastructure.

Ripple to Explore IPO after SEC Lawsuit, CEO Discloses
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Ripple to Explore IPO after SEC Lawsuit, CEO Discloses

Blockchain payments firm Ripple Labs Inc CEO Brad Garlinghouse disclosed the firm will consider moves to float its IPO after the suit is done with the United States Securities and Exchange Commission (SEC).

US Department of Homeland Security to Host Blockchain-Based Digital Wallet Event with $25K Reward
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US Department of Homeland Security to Host Blockchain-Based Digital Wallet Event with $25K Reward

DHS Science and Technology Directorate (S&T) and Silicon Valley Innovation Program (SVIP) will host a virtual event for a Digital Wallets Challenge on Oct 27.

SEC Charges Disgraced Lobbyist Jack Abramoff With Fraud for AML Bitcoin ICO
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SEC Charges Disgraced Lobbyist Jack Abramoff With Fraud for AML Bitcoin ICO

Political lobbyist Jack Abramoff and Marcus Andrade, CEO of the NAC Foundation, have been charged with fraud by the Securities and Exchange Commission (SEC) for misrepresenting their token’s compliance. The pair also face criminal charges with the Department of Justice (DOJ) for money laundering.

Coinbase Facing SEC Probe over Crypto Listing: Sources
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Coinbase Facing SEC Probe over Crypto Listing: Sources

Coinbase is reportedly facing a probe from the US SEC into whether it improperly let Americans trade digital assets that should have been registered as securities.

“Relist XRP” Tweets Trend on US Twitter Following SEC-Ripple Hearing, XRP Surges by 13%
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“Relist XRP” Tweets Trend on US Twitter Following SEC-Ripple Hearing, XRP Surges by 13%

Following the hearing between the SEC and Ripple, many XRP advocates took to Twitter to demand that crypto exchanges relist XRP.

PwC Cybersecurity: CatchMe if you Kan
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PwC Cybersecurity: CatchMe if you Kan

Felix Kan is a Partner in PwC’s Risk Assurance Cybersecurity Privacy practice with 10 years of extensive experience. Kan began his career as an ethical hacker and has committed his career to helping Hong Kong companies enhance their protections against increasingly sophisticated cyberattacks.

SEC Withdraws Lawsuit Against Debt Box Amid Misleading Evidence Controversy
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SEC Withdraws Lawsuit Against Debt Box Amid Misleading Evidence Controversy

The SEC has withdrawn its lawsuit against Debt Box, accusing it of a $50 million fraudulent scheme, paving the way for future charges and a significant shift in crypto firm regulatory landscape.

Thunder Terminal's Rapid Response to $240,000 Hack: Security Measures and Hacker's Ransom Demand
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Thunder Terminal's Rapid Response to $240,000 Hack: Security Measures and Hacker's Ransom Demand

Thunder Terminal exploited 114 wallets, causing $240,000 in damages. Users were promised refunds and additional credits, but the hacker disputed these claims and demanded a ransom.

MIT Cybersecurity Experts Warn Against Use of Blockchain Voting Systems
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MIT Cybersecurity Experts Warn Against Use of Blockchain Voting Systems

MIT Cybersecurity experts have said that blockchain-based mobile voting systems are vulnerable to serious failures.

Friend.tech Faces Data Leak and Security Concerns
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Friend.tech Faces Data Leak and Security Concerns

Friend.tech gains traction with endorsements like Garry Tan of Y Combinator. However, security and data leak concerns advise caution for potential users

South Korean Police Raid Bithumb Crypto Exchange For Second Time in BXA Token Fraud Case
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South Korean Police Raid Bithumb Crypto Exchange For Second Time in BXA Token Fraud Case

Bithumb, the largest crypto exchange in Korea has been raided for a second time in five days by the South Korean police.

SEC Files Motion Against Terraform Labs and Luna Founder Do Hyeong Kwon
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SEC Files Motion Against Terraform Labs and Luna Founder Do Hyeong Kwon

The SEC has filed a motion in the United States District Court for the Southern District of New York against Terraform Labs and Do Hyeong Kwon. The commission is seeking the court's permission to notice a deposition from Kwon or to preclude the defendants from using a declaration from him. The defendants have until September 26, 2023, at 12:00 pm to respond.

Terraform Labs and Do Kwon Held Liable for Securities Fraud by NY Jury
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Terraform Labs and Do Kwon Held Liable for Securities Fraud by NY Jury

erraform Labs and Do Kwon face a guilty verdict for defrauding investors in a landmark case, highlighting the need for regulatory compliance in the crypto market.

How Does Blockchain Enhance Traditional Project Management?
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How Does Blockchain Enhance Traditional Project Management?

Projects are very different from every other type of activity; they have a definite beginning, ending and time frame. They are created or initiated to fulfill a specific objective, which after fulfilling they cease to exist. But did you know that 7 out of ten projects overrun their deadlines? How can blockchain enhance the process of project management?

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

How Ripple’s Current Case Differs from SEC’s Lawsuit against Kik
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How Ripple’s Current Case Differs from SEC’s Lawsuit against Kik

Attorney Jeremy Hogan compared the lawsuit Ripple currently faces for XRP with the Securities and Exchange Commission’s previous target , Kik.

Web3 Security CertiK X Account Compromised in Phishing Scam
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Web3 Security CertiK X Account Compromised in Phishing Scam

CertiK, a blockchain security firm, suffered a cyber attack on its X account, leading to phishing scams, raising concerns about crypto security vulnerabilities and sophisticated social engineering tactics.

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

Ripple’s CEO Argues XRP Decentralization: Are Bitcoin and Ethereum Really Controlled by China?
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Ripple’s CEO Argues XRP Decentralization: Are Bitcoin and Ethereum Really Controlled by China?

The Ripple team has countered the SEC's decentralization argument claiming that Bitcoin is controlled by China as a result of the mining pool concentration. Is this true?

Paxos Trust Company Disagrees With U.S. Securities
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Paxos Trust Company Disagrees With U.S. Securities

Paxos, a stablecoin issuer, received an SEC Wells notice earlier this month and "categorically denies" that BUSD is a securities.

Archipelago Trading Services Settles with SEC for $1.5 Million Over Unfiled SARs
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Archipelago Trading Services Settles with SEC for $1.5 Million Over Unfiled SARs

Archipelago Trading Services Inc. will pay $1.5 million to the SEC for failing to file hundreds of Suspicious Activity Reports between 2012 and 2020, despite daily high-risk transactions.

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

US SEC Reopens Rejected Bitwise BTC ETF For Review
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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 B