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ZKX Shutdown: Amber Group Slams the Protocol’s Lack of Transparency
4.8.2024
Amber Group has criticized ZKX protocol’s abrupt decision to cease operations, stating that it sets a concerning precedent. Hashkey Capital, another market participant, has also expressed dissatisfaction with ZKX’s lack of transparency and accountability. ZKX founder Eduard Jubany Tur identified...
American Securities Association Sues SEC Over Lack of Transparency in Enforcement Actions
7.6.2024
The American Securities Association (ASA) filed a lawsuit against the U.S. Securities and Exchange Commission (SEC) on Thursday for failing to comply with the Freedom of Information Act (FOIA). The ASA seeks to compel the SEC to disclose records related to its “recordkeeping sweep...
House Committee on Financial Services Explores Need for SEC Reform Amid Concerns Over Gensler’s Leadership
20.3.2024
House Committee members grilled SEC Chair Gary Gensler over concerns about regulatory overreach and lack of transparency. Calls for SEC reform are mounting, with critics citing insufficient feedback periods and a focus on social justice initiatives over the agency's core mission. Ranking member...
How and why do stablecoins depeg?
12.3.2023
Discover the causes and mechanisms behind stablecoin depegging
Fed Chair Powell on Crypto: We See Turmoil, Fraud, Lack of Transparency, Run Risk
8.3.2023
Federal Reserve Chairman Jerome Powell has outlined several risks related to crypto activities during a hearing before the Senate Committee on Banking, Housing, and Urban Affairs. While stating that the Fed sees turmoil, fraud, a lack of transparency, and run risk in the crypto space, he stressed:...
Salvadoran Group Files Lawsuits Against President Nayib Bukele on Lack of Transparency in Bitcoin Purchases
28.11.2022
Cristosal, a Salvadoran nonprofit human rights organization, has filed three lawsuits related to President Nayib Bukele’s management of public funds to purchase bitcoin. The processes are being run before several national and international bodies, and call for the government to offer...
Binance’s Lack of Transparency on FTX Bid Could Influence UK Lawmakers' Crypto Recommendations: Report
17.11.2022
Treasury Committee member Alison Thewliss said the group felt Binance's submission on FTX was not detailed enough
First Mover Asia: Crypto Platform Freeway's Lack of Transparency Should Have Been a Red Flag
31.10.2022
Major DeFi projects post their code on GitHub and provide clear information about themselves
Lack of transparency among project auditors a big problem: Hacken CEO
2.5.2022
Dyma Budorin thinks the crypto industry would be much safer if smart contract auditors took responsibility for the code they audited
Lack of Transparency Blighting El Salvador’s Bitcoin Adoption, Critics Say
9.12.2021
Media outlets claim that bitcoin (BTC) adoption has been a damp squib thus far in El Salvador – and have bemoaned the fact that the government has failed to produce any explanation of how it has spent the money it has forked out on token purchases....
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DeFi Industry Must Tackle Lack Of Transparency, Pseudonymity: SEC Commissioner
12.11.2021
US Securities and Exchange Commission (SEC) Commissioner Caroline A. Crenshaw identified two specific structural problems that the decentralized finance (DeFi) industry needs to address: a lack of transparency and pseudonymity....
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El Español Says Spanish Authorities Joint Statement Is a Warning to Companies in the Wake of Tesla’s BTC Buy
14.2.2021
The Spanish financial markets watchdog and the country’s central bank criticized — again — cryptocurrencies as an investment asset. The entities issued a joint statement warning about the high risks the cryptocurrency market poses. Document: Crypto Adoption as a Payment Means...