The world of blockchain technology is rapidly developing, and with the rise of quantum computing, traditional cryptographic methods are under threat. Aware of this, Ozone Chain (OZO) is one step ahead, as the quantum-resistant cryptography it integrated into its blockchain infrastructure provides a solution to tackle cyber security today and
A pre-seed round has been successfully closed, according to Limitless Labs, the R&D network behind the prediction market Limitless. In a round headed by well-known venture capital company 1confirmation, $3 million was raised in total. 1confirmation is backed by seasoned tech investors like Mark Cuban, Marc Andreessen, and Peter Thiel,
Two U.S. Securities and Exchange Commission (SEC) commissioners have expressed dissent over their agency’s $750,000 settlement with Flyfish Club, a restaurant using non-fungible tokens (NFTs) to sell memberships. The SEC’s Sept. 16 order stated Flyfish conducted an unregistered sale of crypto asset securities by offering 1,600 NFTs, raising $14.8 million.
Lagos, Nigeria, 16th September 2024, Chainwire
LogX, an on-chain consumer Super App, has declared the conclusion of its most recent strategic investment round, in which it received $4 million of the total $10.1 million. In only 10 months after its introduction, this decentralized trading platform has surpassed $20 billion in trading volume, marking its biggest achievement to
Crypto exchange Kraken is escalating its legal battle with the U.S. Securities and Exchange Commission (SEC) by demanding a jury trial. This request, revealed in a recent court filing, comes as a California judge has ruled that the SEC’s lawsuit against Kraken will proceed to trial. The SEC first sued
The United States Securities and Exchange Commission (SEC) has asked the court to amend its complaint in its ongoing case against Binance, Binance.US, and co-founder Changpeng Zhao. In the matter of SEC v. Payward, the submission was made in reaction to a district court judgment that denied Kraken’s petition to
Congressman John Rose from Tennessee has introduced a bill aimed at streamlining digital asset oversight through a unified regulatory approach. The proposed legislation, known as the “BRIDGE Digital Assets Act” (also referred to as the “Bridging Regulation and Innovation for Digital Global and Electronic Digital Assets Act”), seeks to establish
e-Toro, a trading platform, and the United States Securities and Exchange Commission (SEC) have announced a settlement. The business’s cryptocurrency trading platform was at the center of a regulatory battle with the SEC, which claimed the firm was using its services as a clearing agency and broker without proper registration.
Market debates have been sparked by the investigation into the hiring procedures of US SEC Chair Gary Gensler. There are worries about the agency’s neutrality in recruiting methods. Since the probe, which was initiated by the House Republicans, suggests that it may be violating federal law by perhaps considering political
