SEC Overstepped Bounds in Kraken Lawsuit, State AGs Charge

State attorneys general argue that the SEC is trying to claim jurisdiction that rightfully belonged to states.

SEC Overstepped Bounds in Kraken Lawsuit, State AGs Charge

A group of state attorneys general are arguing that the U.S. Securities and Exchange Commission exceeded its authority in suing the crypto exchange Kraken. State law enforcement offici...

6 months ago

Telegram to Launch Advertising Platform Using TON Blockchain

Telegram to Use TON Blockchain

Telegram to Launch Advertising Platform Using TON Blockchain

Social messaging app Telegram is introducing an advertising platform that enables channel owners to receive rewards in Toncoin. The Telegram Ad Platform will officially launch in March...

6 months ago

Seneca stablecoin hacker returns stolen funds after $6.4M exploit

The hacker who gained access to around $6.4 million in ETH from the Seneca stablecoin exploit has returned over $5 million to the project after accepting a 20% bounty.

Seneca stablecoin hacker returns stolen funds after $6.4M exploit

Stablecoin protocol Seneca has offered a 20% bounty to the exploiter who gained access to at least $6.4 million in digital assets after exploiting an approval mechanism bug in the protocol&rsquo...

6 months ago

Spot Bitcoin ETF volumes shatter record with massive $7.7B traded

Trading volumes for the ten new U.S. Bitcoin ETFs have set a new record, more than doubling their previous high from days ago.

Spot Bitcoin ETF volumes shatter record with massive $7.7B traded

United States spot Bitcoin BTC $62,665 exchange-traded funds (ETFs) have set a new record for daily trading volumes — beating the previous tally by over one and a half times....

6 months ago

SEC Objects to Terraform’s $166M Retainer of Law Firm Dentons: Reuters

Additionally, the SEC has said that Terraform should not be allowed to hire law firm Dentons or pay litigation costs for employees, the report said.

SEC Objects to Terraform’s $166M Retainer of Law Firm Dentons: Reuters

The U.S. SEC has objected to Terraform’s $166 million retainer of Law Firm Dentons. The SEC alleges that the money was “siphoned” off into...

6 months ago

Marathon Digital Reports Record $387.5 Million Revenue in 2023, Marking a 229% Increase

Marathon’s Q4 Revenue Soared by 452%

Marathon Digital Reports Record $387.5 Million Revenue in 2023, Marking a 229% Increase

Marathon Digital, a prominent Bitcoin (BTC) mining company based in the United States, has seen a remarkable surge in revenue in 2023, leading the company to achieve substantial profit...

6 months ago

Ark Invest and 21Shares Enhance Transparency for ARKB ETF with Chainlink Integration

Ark Invest and 21Shares Integrate Chainlink to Enhance Transparency and Security for ARKB Investors

Ark Invest and 21Shares Enhance Transparency for ARKB ETF with Chainlink Integration

Asset managers Ark Invest and 21Shares have announced a collaboration to enhance transparency for their ARK 21Shares Bitcoin ETF (ARKB) by integrating Chainlink’s Proof of Reserve platform...

6 months ago

Blockchain startup Initia raises $7.5m to build ‘network for interwoven rollups’

Blockchain infrastructure startup Initia has secured $7.5 million in a funding co-led by Delphi Ventures and Hack VC.

Blockchain startup Initia raises $7.5m to build ‘network for interwoven rollups’

In an X thread on Feb. 27, Initia said it has raised $7.5 million in seed financing to work on its testnet, which is scheduled for launch in Q1 2024. In addition to Delphi Ventures and...

6 months ago

Terraform Labs Co-Founder Do Kwon to Miss First US SEC Fraud Trial: Report

Kwon’s US SEC fraud case is scheduled for March 25. However, his lawyer doubts he will be extradited before the end of that month.

Terraform Labs Co-Founder Do Kwon to Miss First US SEC Fraud Trial: Report

Do Kwon, the co-founder of Terraform Labs, might miss the commencement of a significant civil trial on U.S. Securities and Exchange Commission (SEC) fraud charges. According to Reuters...

6 months ago

Senator Warren Hits Out at Crypto Again, Says Industry Needs to Follow the Same Rules as TradFi

Warren reiterated her disdain for the industry in an interview.

Senator Warren Hits Out at Crypto Again, Says Industry Needs to Follow the Same Rules as TradFi

Warren said that crypto would need to fall in line with the rest of the U.S. financial sector. The senator’s anti-money-laundering bill, which would b...

6 months ago

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