Abra settles with SEC over unregistered securities charges

August 27, 2024
The Last Cryptocurency
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Cointelegraph Feed

The SEC announced securities charges against the lending platform over its Abra Earn service but also said the firm had settled with pending civil penalties and an injunction.

After a torrid 2022 that saw it sell off its flagship mining facility, Argo Blockchain's woes are worsening after a recent class action suit. 841 Total views 18 Total shares Own this piece of history Collect this article as an NFTInvestors of crypto mining firm Argo Blockchain have filed a class action lawsuit accusing the…

Bitcoin advocate Najah Roberts explains why BTC is a tool for empowerment

If you ask 10 people what Bitcoin’s original purpose is, at least one person will say it’s meant to cut out the middleman, reduce the cost of transacting and empower those who might not have access to modern financial infrastructure. While all of those boxes might be ticked, another phenomenon of financial technology, and technology in…

Grayscale ETH trust nears record 60% discount as nerves continue over DCG

Grayscale’s Ethereum, Litecoin and Bitcoin Cash Trusts are at steep discounts as concerns whirl around Digital Currency Group’s liquidity. 421 Total views 1 Total shares Ho-ho-ho! Get Limited Holiday Trait!Collect this article as an NFTThe Grayscale Ethereum Trust (ETHE) is trading at nearly a 60% discount to the underlying value of its assets, with shares…

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Anchorage Digital adds PayPal stablecoin yield to custody platform

Institutional crypto custodians like Coinbase offer competing rewards programs.

Libra-related Sui blockchain fixes critical bug that put ‘billions’ at risk

The Sui blockchain network quietly fixed a bug that could have put “billions of dollars” at risk, according to a May 16 announcement from Zellic, the security firm hired to audit the network’s security.Loss of Funds Bug in Aptos and SuiQuick spotlight on an unpublished (but fixed) loss-of-funds bug in the move verifier that seems…

Ethereum-scaling protocol zkSync’s layer-3 prototype set for testing in 2023

Matter Labs chief product officer Steve Newcomb emphasized to Cointelegraph that the launch of its L3 prototype will significantly improve the performance of its L2 solution. 254 Total views 7 Total shares

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Crypto chief bids SEC farewell after 9 years of service

David Hirsch has worked as an enforcement attorney for the SEC since 2015 and started his post as the chief of the crypto asset division in 2022.

Fame and failure: 7 celebrity-endorsed crypto scams that went wrong

The memecoin craze is luring investors to chase quick profits, while some celebrities are capitalizing on the trend, launching or promoting tokens and often veering into scams.

Huobi’s new name HTX raises community eyebrows

Huobi’s new name HTX stands for exchange, the blockchain project Tron and the company’s 10th anniversary. 287 Total views 14 Total shares Cryptocurrency exchange Huobi is celebrating its 10th anniversary with a controversial marketing move — the firm is rebranding from “Huobi” to “HTX,” echoing the name of the bankrupt exchange FTX.Huobi officially announced its rebranding

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