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Search Results for: sec

TemDAO World Heritage Project Helps the Cultural Sector through Democracy-Fueled Donations

Tokyo, Japan, April 11th, 2023, Chainwire TemDAO is a world heritage project that seeks to protect and preserve cultural assets through donations and democracy. The project, powered by the $TEM token, ensures the long-term sustainability of global cultural sites. Recently, TemDAO has made notable donations for preservation efforts in Ukraine,

April 11, 2023 4 mins read

AI-Focused Blockchain CryptoGPT Secures $10 Million Funding at $250M Valuation

With the current increase in interest in artificial intelligence (AI), Blockchain with zero-knowledge (ZK) layer 2 CryptoGPT has raised $10 million in funding. The market maker DWF Labs, who has emerged as one of the most active investors during the cryptocurrency bear market, led the Series A round, which gave the

April 10, 2023 2 mins read

LABEL Foundation Secures 7 Digit Investment From DWF Labs

As per the latest news, LABEL Foundation, a Korean-based organization dedicated to revolutionizing the music industry through the power of blockchain technology, has secured a major investment in the venture round funding from DWF Labs, the multi-stage Web 3.0 investment firm. DWF Labs, that has recently been labeled as a

April 10, 2023 2 mins read

Highly Anticipated XRP vs SEC Verdict Likely by May 6 as per Legal Experts

The SEC has been arguing in court that XRP is unregistered security as part of its continuing legal fight with Ripple. The U.S Securities and Exchange Commission (SEC) may be correct that investors are purchasing XRP in the hopes that Ripple would win the ongoing action against the SEC, according

April 10, 2023 3 mins read

U.S Treasury Department Raises National Security Concerns Over DeFi Sector

According to a recent assessment from the United States Treasury Department, crypto, consumers, and national security are all at risk due to inadequate cybersecurity measures within the decentralized finance (DeFi) sector. This groundbreaking report is the first to propose that the decentralized and distributed structure of DeFi necessitates further regulatory

April 9, 2023 2 mins read

Singapore Proposes Standards For Banks Dealing With Crypto Sector

Authorities in Singapore are making a concerted effort to provide recommendations for banks on verifying cryptocurrency clients. Banks in the city-state have been collaborating with regulators over the last six months. In order to develop industry-wide guidelines for vetting cryptocurrency consumers. Singapore’s monetary authority, the Monetary Authority of Singapore (MAS),

April 7, 2023 1 min read

Ecosapiens Secures $3.5 Million to Power Carbon-Backed NFT Community in Latest Seed Round

The round was led by Collab+Currency and included gmoney as an advisor SAN FRANCISCO–(BUSINESS WIRE)–Ecosapiens, an eco-conscious collective that defends the climate through creative tech, today announced $3.5 million of funding in its latest seed round. The round was led by consumer web3 fund Collab+Currency with prominent investor, builder, and

April 4, 2023 3 mins read

Orbs Releases Single Nominator Smart Contract for Improved TON Validator Security

Orbs, a significant contributor to the TON ecosystem, is pleased to announce the availability of the Single Nominator smart contract for TON validators. With the use of an air-gapped cold wallet created specifically for validators with enough self-stake to verify independently without depending on outside nominators, this ground-breaking approach allows

April 4, 2023 1 min read

Ripple CEO Continues to Criticize the SEC, Will It Settle the Lawsuit?

Brad Garlinghouse, CEO of Ripple, expressed his “disappointment” with Securities and Exchange Commission (SEC) Chairman Gary Gensler’s recent remarks about the crypto regulations. Earlier today, Garlinghouse urged American lawmakers to pay attention and consider legislation for the cryptocurrency industry on Twitter. The SEC chair stated before the House Appropriations Committee

March 31, 2023 1 min read