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Tether strengthens security commitment with successful SOC 2 Type 1 Audit


Tether successfully goes through the System Organization Control (SOC) Audit Type 1, turning it into a complete safety compliance business. Though it is the first stage, it speaks volumes about the attitude of the company towards safety issues. The audit comes under the gold standard category...

Blockchain Sleuth Warns About Unrevealed ‘Critical Flaws’ in Ethena


Tardfiwhale, a pseudonymous blockchain sleuth who predicted the fall of Luna and UST, has warned about critical flaws in Ethena, a rising blockchain synthetic dollar stablecoin protocol. Tardfiwhale is asking for donations to certain entities before revealing these alleged flaws, as Ethena has...

Prisma Finance Works Toward Exploit Recovery, $540K Vulnerable


Prisma Finance addresses the recent security breach of $11.6 million with a recovery strategy and measures aimed at protecting $540,000 in user funds still vulnerable. The post Prisma Finance Works Toward Exploit Recovery, $540K Vulnerable appeared first on Cryptonews

Hedera Network: Powering DeFi with speed, security, and global governance


Provides an optimized Besu EVM for smart contracts.  Offers a native tokenization service and a high-throughput data writing and verification service. The Hashgraph Consensus Algorithm offers impressive capabilities regarding high throughput, fair ordering, and low-latency consensus.  It...

House Republicans Demand SEC Clarify Its Position Regarding Prometheum


House Republicans have written a letter to the U.S. Securities and Exchange Commission (SEC) urging for clarity regarding Prometheum and whether Ethereum is considered a security. The post House Republicans Demand SEC Clarify Its Position Regarding Prometheum appeared first on Cryptonews

What Happens if the SEC Brands ETH a Security?


The status of Ethereum is in limbo – currently Eth is not considered a security by the U.S. Securities and Exchange Commission (SEC) -- but this could all change very quickly. The post What Happens if the SEC Brands ETH a Security? appeared first on Cryptonews

Iceland’s Prime Minister Vows to Prioritize Food Security Over Bitcoin


Iceland’s Prime Minister Katrín Jakobsdóttir has vowed to focus more power on producing food internally while reducing the energy expenditure in data centers and bitcoin mining. Jakobsdóttir stated that while the country was working to achieve carbon neutrality, bitcoin and cryptocurrencies...

Philippines Blocks Binance, Citing Threat to Security of Investor Funds


The Philippines has proceeded to block crypto exchange Binance. The country’s Securities and Exchange Commission (SEC) has concluded that the public’s continued access to Binance’s websites and apps “poses a threat to the security of the funds of investing Filipinos.”...

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