Developers of privacy-preserving technology are understandably concerned by the decision to keep Alexey Pertsev in pre-trial detention. While he awaits trial, Pertsev, developer of the Tornado Cash protocol for mixing cryptocurrencies, will stay in custody. Pertsev voiced his displeasure with the court’s decision to prolong his detention in a post
The introduction of the TREAT token, a significant component of the SHIB ecosystem, was announced by Shiba Inu head Shytoshi Kusama. Ryoshi, the creator of SHIB, had the idea for Treat to replace BONE as the reward token for ShibSwap. Furthermore, beyond these capabilities, TREAT seeks to improve the Shiba
Following Donald Trump’s re-election to the U.S. president earlier this month, the analysis of the crypto policy landscape was released by the non-profit crypto industry research and advocacy organization Coin Center. Though some difficult challenges will certainly remain. The organization does concede in the report that many in the sector,
According to several local news reports, a court in Seoul, South Korea, declared virtual asset deposit platform Delio bankrupt on November 22. Delio stopped allowing withdrawals last year because they owed their clients 245 billion won ($1.75 billion). The process of liquidation will be initiated by Delio. The first creditors’
In light of a rumoured inquiry into the platform’s compliance with local gambling regulations, prediction marketplace Polymarket has widened its access restrictions to include users in France. Although the company has not yet made an official announcement regarding the ban on French users. A message stating that Polymarket is in
Planetarium Labs, a community-focused web3 gaming company with different product offerings, has announced a major milestone for the Immortal Rising 2 users. Ahead of major events in the coming months, the Immortal Rising 2 gamers now stand a chance to unlock exclusive rewards in an upcoming campaign. During this year’s
HIO Music ($HIO), a fast-growing social music platform that leverages the Solana (SOL) network, has announced the date for its highly anticipated airdrop. According to the announcement, HIO Music, formerly Helios, will undertake the token generation event (TGE) on November 29, 2024. The HIO Music team has remained laser-focused and
Another high-ranking US Securities and Exchange Commission (SEC) officer has announced their impending resignation, drastically altering the trajectory of the agency. A statement made on November 22nd states that SEC Commissioner Jaime Lizárraga would resign on January 17th, which is less than three years after taking the oath of office.
With a 12% increase to a record high of $20.8 billion on Friday, the futures open interest in Ethereum may be indicating positive momentum in the derivatives market. According to data from CMC, Ethereum has risen 7.31% in the last 7 days, trading at $3,279 at the time of writing.
At the North American Blockchain Summit on November 21st, CFTC Commissioner Summer Mersinger spoke about the need for notice and comment regulation in creating uniform US regulations around cryptocurrency. As the new allegations against Uniswap Labs demonstrate, the current “regulation by enforcement” policy is a joint effort by the SEC
