GoPlus, a Web3 user security platform, has announced a partnership with Neo X, an EVM-compatible sidechain, to provide node security. Neo X is the first blockchain that integrates GoPlus’ Security Module at the node level, giving all users on its new sidechain foundational security. Users will be able to effortlessly use
The past day saw investors letting out a sigh of relief as the crypto market decided to turn bullish. Overall cryptocurrencies showed positive growth in market cap and daily trading volume as recorded by leading data aggregators. Notably, Sui Network’s token SUI led the altcoin sector in the current bull
The overall crypto market has been oscillating between a price recovery and modest price dips these past few weeks. Leading cryptocurrencies are showing obvious struggles to surpass their respective resistance levels after the recent dip. Meanwhile, the memecoin sector garnered community attention in the last 24 hours, as top coins
The U.S. Securities and Exchange Commission (SEC) has reinforced its strict stance on limiting crypto custody services for banks and regulated financial firms. In a recent talk at a banking conference on September 9, SEC Chief Accountant Paul Munter reaffirmed the agency’s firm position on rules governing the custody of
Nigeria’s SEC has planned to take legal action against crypto exchanges and investors. Those who fail to abide by their regulatory frameworks. Nairametrics, a local Nigerian media has reported that Dr. Emomotimi Agama, the SEC Director-General is emphasizing that the committee is determined to protect investors. Similarly, in July, the
In the past few weeks, the crypto regulatory division has seen an increase in activity after the recent market lull. Recently, the Nigerian SEC announced that it would be taking action against unlicensed crypto exchanges. Amid the actions and other lawsuits, Binance saw an advancement in terms of regulations. Notably,
WisdomTree, a prominent asset management firm, has withdrawn its S-1 registration filing for the WisdomTree Ethereum Trust. The firm declared in a filing with the US Securities and Exchange Commission. The S-1 filing was intended to pave the way for WisdomTree’s Ethereum Trust to be listed on the stock exchange.
With complete approval in Kazakhstan, cryptocurrency exchanges Bybit and Binance are able to extend their worldwide reach. The approval from Kazakhstan’s financial watchdog brings them closer to its goal of becoming a regulated DATF. The digital asset exchange industry is in the midst of a fierce race to ensure that
The second season of EigenLayer’s stakeholder airdrop, or “stakedrop,” will distribute 86 million EIGEN tokens to stakeholders, node operators, ecosystem partners, and community members. On or before September 17, 2024, the distribution will start targeting participants who were active between March 15 and August 15. This follows April’s announcement of
Vivek Ramaswamy, a biotech entrepreneur and former presidential nominee, made waves last year by calling for mass deregulation of the cryptocurrency industry. He was the first Republican candidate to introduce a detailed crypto plan, aiming to reduce the federal workforce, including the Securities and Exchange Commission (SEC). Recently on Wednesday,
