Block Earner spared penalty in regulator’s crypto yield suit

The Australian federal court relieved Block Earner from paying a penalty in the local financial regulator’s legal action over unlicensed crypto yield-bearing products.

Block Earner spared penalty in regulator’s crypto yield suit

Australia’s federal court has relieved fintech firm Block Earner from paying a fine despite the court finding it offered a crypto yield-bearing product without a financial services license...

3 months ago

Watford FC to make 10% digital equity shares offering via Republic platform

The English Football League participant aims to sell 10% of the club’s equity to investors and fans and plans to add token trading in the future.

Watford FC to make 10% digital equity shares offering via Republic platform

The professional English football team Watford Football Club, commonly known as Watford FC, is initiating a digital equity sale comprising approximately 10% of its shares. The nearly 1...

3 months ago

Polygon Labs acquires Toposware, pushing total ZK investment to $1B

The deal brings Polygon’s cumulative zero-knowledge technology investment to over $1 billion, the company said. Toposware’s team is behind Polygon’s Type 1 Prover technology.

Polygon Labs acquires Toposware, pushing total ZK investment to $1B

Polygon Labs has acquired blockchain research and engineering firm Toposware, marking its third investment in zero-knowledge (ZK) startups over the past three years.  Toposware ha...

3 months ago

Solana emerges as an institutional favorite following PayPal USD launch

Solana could emerge as a leading blockchain for payment institutions. Is a Solana-based ETF next?

Solana emerges as an institutional favorite following PayPal USD launch

Solana, the fourth-largest blockchain in terms of total value locked (TVL), is becoming a leading network in institutional adoption. Increasingly more financial institutions will be in...

3 months ago

GameStop rallies overnight as Roaring Kitty reveals $180M GME position

Keith Gill, the trader linked to the 2021 GME short squeeze, has returned to Reddit claiming he’s made a big bet on GameStop, sending the stock’s price surging in overnight markets.

GameStop rallies overnight as Roaring Kitty reveals $180M GME position

The GameStop (GME) stock price surged over 19% in overnight trading after Keith Gill, known as “Roaring Kitty,” posted to Reddit that he’s holding $181.4 million worth of GME s...

3 months ago

Binance co-founder denies responsibility for $1M trading loss in hacked account

The account was allegedly breached through the Google Chrome extension Aggr, which saves cookie login information.

Binance co-founder denies responsibility for $1M trading loss in hacked account

Yi He, co-founder of crypto exchange Binance, has dismissed claims that a platform security breach led to the loss of $1 million in crypto from a single user account. The Binance co-founder ...

3 months ago

Why Ethereum ETF day one inflow won’t be like Bitcoin — Fireblocks MD

Stephen Richardson’s view aligns with Bloomberg’s ETF analysts, who expect the spot Ether ETFs to capture 10-20% of the flows that Bitcoin ETFs did at launch.

Why Ethereum ETF day one inflow won’t be like Bitcoin — Fireblocks MD

Spot Ether (ETH) exchange-traded funds won’t see the same day-one inflow as spot Bitcoin ETFs did, as the asset’s use cases are far more difficult to value, an in...

3 months ago

Frax Finance X account hacked, CEO suspects ‘inside job’ at Elon Musk’s office

Frax Finance’s X account was hacked on June 1 without a password breach, leading CEO Sam Kazemian to suspect insider involvement.

Frax Finance X account hacked, CEO suspects ‘inside job’ at Elon Musk’s office

A hacker allegedly gained control of crypto lending platform Frax Finance’s X social media account without accessing or tampering with existing passwords. But how? Frax Finance&r...

3 months ago

Matter Labs drops ZK trademark applications after industry backlash

It follows a public letter from ZK researchers and top industry experts slamming the firm for “oppressive behavior.”

Matter Labs drops ZK trademark applications after industry backlash

Matter Labs, the team behind Ethereum layer-2 scaling solution zkSync, has dropped all attempts to obtain intellectual property rights to trademark the term “ZK” — short for &l...

3 months ago

Linea blockchain halt highlights slow decentralization of Ethereum L2s

Linea said it halted the sequencer as a “last resort” action to prevent additional funds from bridging out but intends to decentralize in the near future.

Linea blockchain halt highlights slow decentralization of Ethereum L2s

Ethereum layer-2 blockchain Linea’s decision to halt block production after being hacked highlights the need for layer-2 firms to prioritize decentralization sooner rather than later, says...

3 months ago

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