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Search Results for: sec

Zircuit, New ZK-Rollup Focused on Security, Launches Staking Program

George Town, Grand Cayman, February 24th, 2024, Chainwire Staking program amassed over $129M TVL in less than 24 hours  Zircuit, a security-focused zero-knowledge rollup backed by pioneering L2 research, launched Zircuit Staking, an innovative program that allows users to stake ETH, liquid staking tokens (LSTs), and liquid restaking tokens (LRTs)

February 24, 2024 2 mins read

Crypto Exchange Kraken Files Motion to Dismiss U.S SEC Lawsuit

On Thursday, Kraken filed a motion to dismiss the case, claiming that the U.S SEC had not charged fraud and had instead stretched the meaning of a contract in its lawsuit. With the argument that cryptocurrencies—or at least those included in the SEC’s complaint—should be classified as commodities rather than

February 23, 2024 2 mins read

Coinbase Presses SEC For Grayscale’s Ethereum ETF Approval

Coinbase, a leading cryptocurrency exchange, has taken a proactive stance in advocating for the approval of the Grayscale Ethereum Trust listing as a spot ether Exchange-Traded Fund (ETF). The company’s Chief Legal Officer, Paul Grewal, recently announced on social media platform X that Coinbase has responded to a request for

February 22, 2024 2 mins read

Vitalik Buterin Explores Crypto and AI Intersection Ahead of Dencun Upgrade

Ethereum co-founder Vitalik Buterin recently wrote a post on AI and its crypto applications, which led to a price spike for ETH. Buterin has been discussing the benefits and drawbacks of artificial intelligence (AI) lately. He recently discussed the intersection between crypto and AI, outlining advantages, disadvantages, and possible applications.

February 19, 2024 1 min read

VanEck Agrees to $1.75M Fine by SEC Over ETF Promotion Violation

In order to settle U.S SEC accusations related to the 2021 launch of an exchange-traded fund (ETF) centered on social media, VanEck agreed to pay a fine of $1.75 million. A civil penalty was levied on the investment advisor by the SEC. In a statement issued on February 16th, the

February 18, 2024 2 mins read

US Prosecutors Push for Binance’s $4.3B Plea Approval. The End Is Near?

Binance Holdings Ltd., a major cryptocurrency exchange, faces significant legal repercussions in the United States. US prosecutors are strongly advocating for a federal judge in Seattle to approve a plea deal with Binance, which has admitted to serious violations including anti-money laundering and sanctions breaches. The plea deal involves Binance

February 17, 2024 1 min read

Tokn1 Achieves Comprehensive License for Digital Securities, Joining Global Leaders

Tokn1, a leading player in the realm of Digital Securities, has achieved a significant milestone by obtaining a comprehensive license from Salvadoran authorities. This achievement places Tokn1 in an elite category, making it one of the pioneers in the world of regulated Digital Securities emissions, offerings (DSOs), and global trading.

February 15, 2024 3 mins read

U.S SEC Faces Backlash as DEBT Box Challenges Case Dismissal

The U.S Securities and Exchange Commission moved last month to dismiss DEBT Box’s lawsuit after the agency confessed making false claims in court. DEBT Box requested the judge to reject this motion. Last year, the SEC filed a lawsuit against Digital Licensing Inc., which operates under the name DEBT Box,

February 15, 2024 2 mins read

Overworld Secures $10M Seed Funding for Cross-Platform ARPG Development

In order to boost development of a multiplayer role-playing game broadened with digital collectibles, Overworld, a game studio that creates high-quality, cross-platform multiplayer role-playing games, concluded a $10 million seed round led by Hashed alongside The Spartan Group, Sanctor Capital, and Galaxy Interactive. Hashkey, Big Brain Holdings, and Foresight Ventures

February 14, 2024 3 mins read

Digital Assets Custody and Financial Solutions | Dive Into HyperBC Security Pyramid

HyperBC is a key player in the digital asset custody and payment solutions sector. Committed to ensuring asset security and promoting financial freedom, HyperBC offers a comprehensive range of services, including asset custody, merchant payments, clearing, and other financial solutions. Review the HyperBC security architecture Firstly, regulatory adherence is crucial.

February 12, 2024 3 mins read