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Do Kwon seeks SEC charges dismissal as S.Korea rules LUNA as non-security
25.4.2023
The South Korean district court recently dismissed security violation charges against Terra co-founder Hyun-seong Shin, deeming LUNA as non-security under Korea’s Capital Markets Act
How DeFi platforms leverage Blockchain technologies to achieve enhanced security & liquidity?
25.4.2023
The Blockchain industry boasts several niches where projects and businesses develop solutions for various use cases. One of these niches is decentralized finance (DeFi), which has emerged as an alternative to traditional financial services. What is Decentralized Finance (DeFi)? Decentralized...
South Korean Court Rules Terra Crypto Asset LUNC Is Not a Security
24.4.2023
Amidst the allegations against Do Kwon, the co-founder of Terraform Labs, a recent report by the Korean Sunday News has revealed that the Seoul Southern District Court has ruled in favor of LUNA, now renamed LUNC, by stating that it is not a financial investment product. Despite the recent...
Trust, UX and security in DeFi: Redefining the yield ecosystem with Cake DeFi CEO
24.4.2023
To bring about much-needed evolution in DeFi, entrepreneurs will need to rethink business strategies to fit investors’ evolving expectations for more than quick returns
LUNA token is not a security, rules S.Korean court in Terra co-founder case
24.4.2023
The court in its ruling noted that It is difficult to see Luna coin as a financial investment product regulated by the Capital Markets Act
Trust Wallet to reimburse users after $170,000 security incident
22.4.2023
The vulnerability impacted wallet addresses created through the browser extension between November 14-23, resulting in nearly $170,000 in losses
Societe Generale Subsidiary Launches Euro Stablecoin, but Faces Criticism Over Smart Contract Issues
21.4.2023
According to Societe Generale-Forge (SG-Forge), a regulated subsidiary of Societe Generale Group, the company has launched a stablecoin pegged to the euro and issued on the Ethereum blockchain. During the launch announcement, SG-Forge’s CEO stated that a stablecoin “built under a robust...
Ukraine plans to adopt EU’s new cryptocurrency regulations
21.4.2023
Immediately after passing the European Parliament, Ukrainian authorities announced plans to adopt the EU's MiCA regulations on crypto assets
Web3 Security Startup Shield Raises $2.1M in Pre-Seed Funding
20.4.2023
The company, a member of a16z’s Crypto Startup School, aims to create a security standard across Web3 projects through its API, Discord Bot and certification program
Brazilian authorities investigate Binance for guiding clients past stop order: Report
20.4.2023
The Brazilian SEC has reportedly turned over screenshots from Binance's Brazilian website with instructions for evading a stop placed on futures trading on the site
Ether’s Security Status Remains Unclear as SEC Chair Gensler Fails to Answer Lawmaker’s Question
20.4.2023
The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, would not answer a direct question in a congressional hearing about whether ether is a security. While the SEC chair insisted that the law is clear on crypto, Congressman Patrick McHenry argued that the SEC’s...
Ethereum Price Prediction as SEC Chair Gary Gensler Refuses to Say if ETH is a Security – Bullish for Ethereum?
19.4.2023
A combination of rising US bond yields, concerns about what hotter-than-expected UK inflation might mean for the US inflation outlook and an aggressive liquidation of long positions has seen the price of Ether (ETH) drop sharply on Wednesday.
But price predictions still remain upbeat. ...
Read...
Coinbase’s Base network gets OpenZeppelin security integration
19.4.2023
Contract upgrades, admin changes and protocol tweaks can now be made using standard APIs that were previously unavailable on Base
SEC Chair Gensler Declines to Say if Ether Is a Security in Contentious Congressional Hearing
19.4.2023
Securities and Exchange Commission Chair Gary Gensler refused to say whether ether, the second-largest cryptocurrency by market cap, was a security during a nearly five-hour hearing Tuesday
Russian Foreign Minister Sergey Lavrov Explains ‘Multipolar’ World View in Brazil
19.4.2023
Sergey Lavrov, the Russian foreign minister, started his tour of Latin America on April 17, landing first in Brasilia to hold high-level talks with Brazilian President Luiz Inacio ‘Lula’ da Silva and Brazilian Foreign Minister Mauro Vieira. Lavrov insisted that Russia was building...
SafeMoon hacker agrees to return 80% of stolen funds, says development team
18.4.2023
The attacker will be allowed to keep the remaining 20% of exploited crypto, according to SafeMoon developers
Gnosis Chain spends $5M on validator incentive program for decentralization
18.4.2023
The program offers 388 mGNO to each of the first ten validators that runs in a listed country
US House committee chair repeatedly presses SEC chair: 'Is Ether a commodity or a security?'
18.4.2023
Securities and Exchange Commission chair Gary Gensler has said the SEC considers Bitcoin a commodity, but refused to pin down Ether at an oversight hearing
Video of SEC chair praising Algorand resurfaces after recently deeming it a security
18.4.2023
Members of the crypto community have called out the SEC Chairman for “shilling” Algorand
All eyes are on stablecoins: Law Decoded, April 10–17
17.4.2023
A week before a hearing in Congress, the United States gets stablecoin regulatory framework