Coinstreet and Somerley’s joint venture Signum Digital has revealed that their security token offering (STO) and subscription platform has been given an “approval-in-principle” by the Hong Kong Securities and Futures Commission (SFC). Security tokens are a new kind of digital asset based on blockchain technology. It reflects ownership of tangible
Since the U.S. Securities and Exchange Commission needs to focus on effective regulations and recommendations relating to securities, rather than erroneous securities cases, Coinbase has submitted an amicus brief in the SEC v. Wahi insider trading case urging the court to dismiss the complaint. According to a tweet sent by
A month after U.S. authorities clamped down on similar offerings. Coinbase informed customers Monday that it is revising the terms and conditions of its staking service. In an email to customers on Friday. the largest cryptocurrency exchange in the United States confirmed the continuation of staking. And emphasized that clients
The leading crypto exchange KuCoin is being sued by the New York Attorney General’s office for allegedly breaking state securities and commodities laws. In the case, Attorney General Letitia James makes the shocking statement that Ethereum (ETH), the second-largest cryptocurrency by market capitalization, is a “Security” in addition to Terra
The lawsuit between Ripple and SEC is the showstopper from December 2020, the time when the case was filed. The importance and interest poured into this legal war are pretty evident to everyone in the crypto field. The case is conducted in the Federal Court of New York, Manhattan. The
Prove’s solutions will further bolster Bitstamp USA’s identity verification and KYC controls NEW YORK–(BUSINESS WIRE)–Prove Identity, Inc. (“Prove”), the leader in digital identity, today announced a partnership with Bitstamp, the world’s longest-running cryptocurrency exchange, to further strengthen its security and compliance controls while also expediting its user onboarding process. Prove
After finding multiple critical vulnerabilities, leading blockchain security company Verichains recommended companies employing Tendermint’s IAVL proof verification to safeguard their assets and reduce exploitation risks. A significant Empty Merkle Tree vulnerability in the IAVL proof on Tendermint Core, a well-known BFT consensus engine, has been disclosed by Verichains as part
The mining of cryptocurrencies can be a dependable source of income; however, the endeavor is fraught with a plethora of complexities and risks that must be taken into consideration. Because of this, an initial investment of a significant sum of money is required to be made in mining equipment, as
Security operations provider hosting demos, showcasing latest product innovations, and sharing cybersecurity trends and predictions for the year LONDON–(BUSINESS WIRE)–Following its recent expansion to EMEA, Expel will make its first appearance at a major cybersecurity event in the United Kingdom, with an exhibition at Cloud & Cyber Security Expo 8-9
For masterminding a $100M crypto fraud scheme, the U.S. Securities and Exchange Commission (SEC) stated Monday that it had filed an “emergency action” against Miami investment advisor BKCoin and one of its owners, Kevin Kang. “It successfully obtained an asset freeze, the appointment of a receiver, and other emergency relief,”
