Search Results for: sec

BitNile Holdings Announces Change of Record Date for Stock Distribution for Spinoff of Securities of Imperalis Holding

Record Date Has Been Changed to January 17, 2023 with a distribution date of January 23, 2023 BitNile to distribute to its stockholders 140 million shares and warrants to purchase an additional 140 million shares of Imperalis LAS VEGAS–(BUSINESS WIRE)–$AP #Agora_Digital—BitNile Holdings, Inc. (NYSE American: NILE), a diversified holding company

December 22, 2022 4 mins read

Ex-SEC Chief John Reed Stark's Alarm Call: Get Out of Crypto Now

U.S SEC Charges Thor Technologies With Violation of Securities Act

Thor Technologies and its CEO, David Chin, have been accused of violating the Securities Act of 1933 by the United States Securities and Exchange Commission (SEC), which has filed a complaint against the company and its leaders. The ICO that Thor held in 2018 involved the sale of digital tokens

December 22, 2022 1 min read

CertiK Announces Security Partnership With KuCoin Community Chain

NEW YORK–(BUSINESS WIRE)–CertiK, the leading global Web3, blockchain and smart contract security firm headquartered in New York, today announced a new partnership with KuCoin Community Chain (KCC), a Layer 1 blockchain that accelerates the flow of value around the world. This partnership streamlines the onboarding process for new projects built

December 22, 2022 2 mins read

U.S. SEC labels FTX’s FTT as a Security

The U.S. Securities and Exchange Commission (SEC) stated that FTX’s native token, “FTT was Offered and Sold as an Investment Contract and as a Security.” The claim was made by SEC in a lawsuit filed against the FTX executives Caroline Ellison and Gary Wang on 21st December 2022. According to

December 22, 2022 1 min read

FTX Executives Ellison and Wang Were Accused by SEC

U.S. Attorney Damian Williams said on December 21 that FTX Co-founder and former CTO Gary Wang and former Alameda Research CEO Caroline Ellison. And they have pleaded guilty to charges related to the collapse. And both are collaborating with the law, according to Williams. The SEC stated in a separate

December 22, 2022 2 mins read

The Open Network ($TON) Secure Support from SafePal Wallet

The Open Network ($TON) now gains support from wallet developer SafePal. The integration enables direct communication with TON dApps, to allow users to hold and transfer $TON within SafePal’s hardware and software wallets. In addition, SafePal would provide support for $TON within the extension wallet. Initially, The Open Network was

December 21, 2022 2 mins read

LAMEA Fintech-as-a-Service Market Report 2022: Growth of eCommerce and the Dawn of Blockchain to Drive Sector Forward – ResearchAndMarkets.com

DUBLIN–(BUSINESS WIRE)–The “LAMEA Fintech-as-a-Service Market Size, Share & Industry Trends Analysis Report By Technology (Blockchain, API, Artificial Intelligence, RPA), By End Use, By Type, By Application, By Country and Growth Forecast, 2022 – 2028” report has been added to ResearchAndMarkets.com’s offering. The Latin America, Middle East and Africa Fintech-as-a-Service Market

December 19, 2022 3 mins read

Tezos Unveils 12th protocol Upgrade Offering Smooth and More Secure Blockchain

One of the original Proof of Stake blockchains, Tezos, has activated “Lima,” the 12th protocol upgrade that was chosen and accepted by the Tezos community. The new version increases throughput, adds a functionality that validators have been clamoring for, and lessens the possibility of smart contracts having problems. Due to

December 19, 2022 4 mins read

Howey Test Has Limits as per SEC Commissioner Hester Peirce

The Securities and Exchange Commission (SEC) uses the so-called Howey test to decide whether a digital asset should be classed as a security, although SEC Commissioner Hester Peirce has said that the test has limits. The standard is based on a 1946 Supreme Court ruling that established the conditions under

December 19, 2022 1 min read

Central Bank of Kazakhstan Completes Second Phase CBDC Trial

Officials at Kazakhstan’s central bank, the National Bank of Kazakhstan (NBK), say they’ve finished phase two of testing the infrastructure supporting the country’s central bank digital currency (CBDC). The whitepaper produced by the regulator. Presents trial findings and research on the necessity for a new form of national fiat, the

December 18, 2022 1 min read