President Joe Biden has signed an executive order blocking a Chinese-owned company from owning land near Wyoming’s Francis E. Warren Air Force Base. The order instructed the property to be transferred away, thus pointing out the national security issues, especially the supervision threat that the military base could cause. Source: U.S Treasury The company that […]
The legal dispute between the crypto exchange Coinbase and the Securities and Exchange Commission (SEC) is still ongoing. Coinbase maintains that the SEC is overreaching its powers as there are no clear laws governing cryptocurrencies. However, EX-SEC Chief John Reed Stark believes Coinbase is wrong, citing 80 years of legal precedent. “Having made the weather, […]
The U.S. Commodity Futures Trading Commission (CFTC) has settled with Falcon Labs, Ltd., marking its first action against an unregistered futures commission merchant (FCM) facilitating access to digital asset exchanges. The Seychelles-based firm did not admit or deny the findings but was ordered to pay over $1.7 million in fines and penalties Source: CFTC Falcon […]
In a letter to Attorney General Merrick Garland, Senators Cynthia Lummis and Ron Wyden wrote with concern about the Justice Department’s view on money transmitter licensing. They paid special attention to the case against Roman Storm, co-founder of Tornado Cash, who is charged for running an unlicensed money transmission firm. President Biden's DOJ steamrolling the […]
Binance introduced the service in Kazakhstan, to spread in Central Asia. The British Standards Institution (BSI) did the evaluation and reported that Binance complied with high standards in information security and privacy management. The certifications underscore Binance’s dedication to security governance and the protection of user data. BSI’s acknowledgment verifies Binance’s effective practices in safeguarding […]
Jack Melnick, previously the Head of Decentralized Finance (DeFi) at Polygon Labs, has joined Berachain in the same role. Melnick began his tenure at Berachain on Monday after serving at Polygon Labs since January 2023. His announcement on the social media platform X emphasized his long-standing involvement with the Berachain community and his excitement for […]
ChainML, a web3-enabled AI platform, announced it has raised $6.2 million in a seed extension round. The round was led by Hack VC, with participation from Foresight Ventures, Inception Capital, HTX Ventures, Figment Capital, Hypersphere Ventures, and Alumni Ventures. This funding, structured as equity with token warrants, follows the company’s $4 million seed funding round […]
MoonPay, a crypto payment company, has shown its support of Coinbase’s charity crypto project, Stand With Crypto. On May 13, MoonPay CEO Ivan Soto-Wright said that the U. S. election would be a landmark in the cryptocurrency industry and announced a significant donation. As a crypto company founded in America, we’re proud to #StandWithCrypto and […]
A person who stole $71 million worth of cryptocurrency from a victim recently returned all the money. This happened after some companies that investigated blockchain noticed what was going on. The unidentified attacker gave back $71 million worth of Ether (ETH) tokens on May 12, following a widely publicized phishing incident that drew the focus […]
A person who stole $71 million worth of cryptocurrency from a victim recently returned all the money. This happened after some companies that investigated blockchain noticed what was going on. The unidentified attacker gave back $71 million worth of Ether (ETH) tokens on May 12, following a widely publicized phishing incident that drew the focus […]