The U.S. Securities and Exchange Commission (SEC) has become increasingly aggressive in its pursuit of regulatory enforcement within the crypto world. The SEC has continuously filed lawsuits against the top crypto exchanges, including Binance. It creates uncertainty about the future of the crypto firms operating in the United States. Following
Former Twitter CEO Jack Dorsey claimed that the micro-blogging platform encountered “many requests” from the Indian government to block accounts covering “farmer protests” and those who criticized the government. In a startling revelation, Jack Dorsey stated that the Indian government exerted pressure on the social media platform to block accounts
Renowned blockchain expert Emin Gün Sirer has released his written testimony before the highly anticipated House Financial Services Committee hearing. In his testimony, Sirer uncovers the pivotal matters involving blockchains and digital assets while addressing the associated regulatory difficulties. My written testimony for the House Financial Services Committee hearing on
ZkSync, the Ethereum layer-2 scaling solution, recently announced crossing the significant milestone of 35 million total transactions in a remarkable demonstration of growth and efficiency. Moreover, the transaction data comes from ZettaBlockHQ, a full-stack Web3 data platform. Bolstering Transparency with ZettaBlock Interestingly, the collaboration with ZettaBlock has amplified zkSync’s transparency
In a scenario akin to a James Bond movie, North Korean hackers have outsmarted the globe. Within five years, they have stolen $3 billion in cryptocurrencies. Notably, this digital bonanza funds half of North Korea’s missile program, reports the Wall Street Journal. Their tactics, however, are far from common cyber-thievery.
Ripple’s University Research Blockchain Initiative (UBRI) has announced its partnership with the University of Toronto. Ripple (XRP) has continuously taken steps to show its commitment to encouraging talent and innovation in the Canadian region. It especially improves the crypto hub in Toronto. The partnership strengthens Ripple’s ties to Canada. The
In a recent development that has sent shockwaves through the financial and political sectors, a US Congressman introduced legislation calling for removing Securities and Exchange Commission (SEC) Chair Gary Gensler. The move has ignited a heated debate among lawmakers, industry professionals, and the public at large. 🚨 NEWS – Today
BOCI, a Chinese bank, has issued CNH 200 million in digitally structured notes. BOCI has issued the country’s first tokenized security on the Ethereum blockchain. Moreover, it has become the first bank in China to issue tokenized securities. According to the report, the new security was implemented through the collaboration
Gary Gensler, the chairperson of the United States Securities and Exchange Commission (U.S. SEC) remarked in the speech shared last Thursday, in Washington D.C. Now, Gensler has portrayed the needed protection in the crypto market as per the securities laws. There's nothing about the crypto securities markets that suggests that
In a bold warning, former Securities and Exchange Commission (SEC) chief, John Reed Stark, issued an urgent call to “get out of crypto platforms now.” In addition, he highlighted recent lawsuits against Binance Holdings Ltd. and Coinbase, citing these as critical reasons for his concern. Stark Backs SEC’s Crypto Pursuit
