Category : Blockchain

Blockchain

SEC's Misstep in Debt Box Lawsuit Sparks Senate Republican Critique

Five Republican senators have criticized the SEC for unethical conduct in a lawsuit against Digital Licensing, highlighting concerns about enforcement practices in the crypto sector. (Read More)

WeMade Dismisses Coin Over-Issuance Fraud Claims Amid Investigation

South Korean game developer WeMade counters fraud allegations by the Seoul Southern District Prosecutors, asserting compliance exemptions for its digital asset systems and Phoenix DEX amidst regulatory investigations. (Read More)

SBF Faces Curcio Hearing Over Conflicted Representation

Scheduled for a Curcio hearing on February 21, former FTX CEO Sam Bankman-Fried confronts potential legal representation conflicts, spotlighting the intricate legal challenges in the aftermath of FTX's collapse. (Read More)

Kraken Acquires Registration for VASP in the Netherlands

Kraken secures a VASP registration from the Dutch Central Bank, marking a significant step in its European expansion and commitment to regulatory compliance. This strategic move enhances Kraken's offerings in the Netherlands and positions it for furt...

Metis Launches Decentralized Liquid Staking in Layer 2 Revolution

Metis is launching the Liquid Staking Blitz, a decentralized sequencer initiative, to boost the growth of Liquid Staking Derivatives within its ecosystem, enhancing network security and governance. (Read More)

NBA Entangled in $4.2 Billion Lawsuit Over Voyager Crypto Collapse

NBA faces $4.2 billion class-action lawsuit for alleged negligence in marketing partnerships with Voyager Digital, focusing on unregistered securities and celebrity endorsements in cryptocurrency. (Read More)

Binance to Launche Pixels (PIXEL) on Launchpool

Binance announces the launch of Pixels (PIXEL) on its Launchpool, a social web3 game on the Ronin Network, offering BNB and FDUSD holders a unique opportunity to farm PIXEL tokens before its trading debut. (Read More)

UBS and OSL Pioneer Hong Kong's First Ethereum Tokenized Warrant

UBS AG, in collaboration with OSL Digital Securities, introduces Hong Kong's first tokenized warrant on the Ethereum blockchain, marking a landmark moment in financial innovation and blockchain adoption. (Read More)

South Korea Probes OKX for Unregistered Operations

South Korean financial authorities are investigating OKX, a cryptocurrency exchange, for potentially operating without proper registration, following allegations from the Digital Asset Exchange Association. (Read More)

Japan Advances LLC-Type DAOs: Easing Tokenized Membership Rights Regulations

Japan proposes amendments to ease regulations on tokenized membership rights for Decentralized Autonomous Organizations (DAOs), aligning tokenized rights with traditional company memberships, marking a significant step towards fostering DAO operation...

Regulating the Metaverse: BIS's Call for Unity

BIS emphasizes the need for interoperable payment technologies and robust regulatory framework to prevent metaverse fragmentation and private interests dominance, emphasizing Central Bank Digital Currencies' importance. (Read More)

Starknet v0.13.1 Launch: Embracing EIP-4844 for Lower Costs and Enhanced Stability

Starknet v0.13.1 upgrades Ethereum data storage costs, offers lower transaction fees, and improves stability and user experience, potentially boosting adoption and advancing Starknet's evolution. (Read More)

UK Defence Ministry Awards 1.8 Billion Pound AI-Driven Maritime Enhancement Contract to Thales

UK Ministry of Defence signs £1.8 billion contract with Thales for 15-year project to improve Royal Navy ship availability and resilience, leveraging AI and data management. (Read More)

Crypto Exchange Bitsonic CEO Sentenced to 7 Years for $8.4 Million Fraud and Market Manipulation

The CEO of cryptocurrency exchange Bitsonic has been sentenced to 7 years for inflating trading volumes and embezzling $8.4M, marking a significant legal action against crypto fraud. (Read More)

AI in the Dock: B.C. Supreme Court Tackles Fabricated Legal Cases

The B.C. Supreme Court case raises concerns about AI reliability in legal proceedings, highlighting the need for regulation, education, and ethical guidelines for legal professionals. (Read More)

Saudi's $250M Tech Innovation Boost with Hashgraph (HBAR)

The Hashgraph Association and Saudi Arabia's Ministry of Investment have launched a $250M DeepTech Venture Studio in Riyadh, supporting over 500 companies in developing advanced AI, blockchain, and VR solutions. (Read More)

US Court Approves Sealed Settlement in BlockFi vs. 3AC Dispute

A US judge approved a confidential settlement between BlockFi and Three Arrows Capital, aiming to resolve financial disputes without further litigation. The details remain sealed to protect sensitive information amidst BlockFi's bankruptcy proceeding...

Federal Reserve Lifts Enforcement Action on FTX-Linked Farmington Bank

The Federal Reserve has terminated its enforcement action against Farmington State Bank, linked to the collapsed crypto exchange FTX, marking the bank's shift away from operations and reinforcing depositor protection efforts. (Read More)

SEC Delays Decision on Invesco-Galaxy Digital's Ether ETF

The SEC has extended the review period for Invesco and Galaxy Digital's Ether ETF, potentially extending it for up to 240 days, allowing for public commentary. (Read More)

DCG Challenges Genesis Capital's Bankruptcy Plan for Overcompensation

DCG opposes Genesis Global Capital's bankruptcy plan, citing legal violations and ethical concerns over asset valuation and creditor compensation in the volatile crypto market. (Read More)

UK Invests 100M Pound in AI: Pioneering Healthcare Innovation and Regulatory Frameworks

The UK government announces a £100 million investment to establish AI research hubs and enhance regulatory frameworks, focusing on healthcare, chemistry, and mathematics, alongside global partnerships for responsible AI practices. (Read More)

UK Extends Stablecoin Regulation Consultation Period, Seeks Inclusive Feedback

The Bank of England and the Financial Conduct Authority have extended the feedback deadline for stablecoin regulation to February 12, aiming for a comprehensive, inclusive regulatory framework. (Read More)

SEC Enacts New Registration Mandate for Key Market Players to Bolster Oversight

The SEC introduced new rules requiring liquidity providers to register as dealers or government securities dealers in February 2024, aiming to improve market stability and transparency. (Read More)

Decentralized Social Networking Bluesky Launches to Public

Bluesky, a decentralized social media platform, has opened to the public with over 3 million users, introducing the AT Protocol for seamless app migration and user autonomy. (Read More)

MicroStrategy's Bitcoin Holdings Reach 190,000 Amid Q4 Financials

MicroStrategy, the world’s foremost corporate bitcoin holder, bolstered its holdings by 31,755 bitcoins in Q4 2023, reaching 190,000 BTC despite a revenue dip. The move underscores a strategic pivot towards digital assets amid fluctuating tech and fi...

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