In a recent development, Stoner Cats 2 (SC2), the creators of the popular Stoner Cats animated series, have been charged by the Securities and Exchange Commission (SEC) for conducting an unregistered offering of crypto asset securities. This comes as a blow to the NFT industry, which has been gaining momentum in recent years.Stoner Cats, spearheaded […]
After a decade of insolvency, Mt. Gox cryptocurrency exchange creditors are finally receiving payments for their claims. Recent speculation on the mtgoxinsolvency Reddit page suggests that users affected by the infamous Mt. Gox hack in 2014 may be receiving Japanese yen-denominated repayments through PayPal. While these reports remain unconfirmed, several Reddit users claim to have […]
After a decade-long wait, creditors of the Mt. Gox Bitcoin exchange are finally receiving repayments for their locked-up funds. Recent reports suggest that Mt. Gox has started distributing Japanese Yen refunds through PayPal. This comes after the exchange hinted at making Bitcoin payouts by the end of 2023.Mt. Gox’s collapse in 2014, resulting in the […]
The US Securities and Exchange Commission (SEC) has set a December 29 deadline for Bitcoin spot ETF applicants to submit final S-1 amendments, indicating a potential move forward in the approval process. The SEC recently held meetings with representatives from seven firms seeking to launch spot Bitcoin ETFs in the coming year, including BlackRock, Grayscale […]
Dogecoin co-founder Billy Markus, also known as Shibetoshi Nakamoto, has criticized Gary Gensler, the Chairman of the U.S. Securities and Exchange Commission (SEC), for not providing clear guidelines for the crypto market. Markus accused Gensler of lacking concrete rules and being ineffective in his role. Gensler, in a recent interview, expressed concerns about noncompliance, fraud, […]
Satoshi, the inventor of Bitcoin, expresses his despair and wishes he had never been born due to the backlash and criticism he faces. An angel investor overhears this and proposes an intriguing idea. Suddenly, the world around them changes, and Satoshi realizes that he no longer exists. His portfolio is empty, cryptocurrencies like Ethereum and […]
French cryptocurrency wallet company Ledger recently experienced a cyber attack in which its Connect Kit was compromised. The attackers injected a drainer code into the kit, allowing them to drain wallets connected to decentralized applications (dApps). Ledger took immediate action to contain the attack and enhance its security measures, including partnering with Tether to freeze […]
Multiple fraudulent accounts have emerged on social media, posing as prominent blockchain investigator ZachXBT. This comes after the deactivation of his official account. Michael Khekoian, partnership director at Web3 security firm Wallet Guard, warned his followers about the impersonation and urged users to remain vigilant. He highlighted that these fake accounts often try to deceive […]
The Ethereum Enterprise Alliance (EEA) has released its latest assessment of Ethereum’s readiness for enterprise use. The report highlights Ethereum’s strong ecosystem, security, and decentralization as key advantages. It also acknowledges the platform’s appeal to global financial services firms, with institutions like SWIFT, Standard Chartered, and JP Morgan exploring the public blockchain.One significant development for […]
An overwhelming majority of respondents in a recent survey conducted by digital asset bank Sygnum believe that crypto assets and blockchain technology are crucial for the future of global finance. The survey revealed that 81% of participants view crypto assets as essential in shaping the future of finance. This marks a significant shift in perception […]
