Coinbase adds former Bill Clinton aide, Supreme Court lawyer to board
Two of the new Coinbase directors have previously served under US presidents, while the other has extensive experience in the management consulting industry.
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Crypto law firm loses appeal to force SEC’s hand on Ether classification
Hodl Law sued the SEC in 2022, claiming it could face the regulator’s ire for using Ethereum and wanted a court to force it to decide if ETH is a security.
Users not able to sell Squid Game token clocking 45,000% gains
A new token inspired by popular Netflix show Squid Game has posted 45,000% growth in a few days after launch earlier this week, but multiple investors are reportedly unable to sell the token.The cryptocurrency community has been accusing the Squid Game (SQUID) token of being a scam amid reports that some investors are not able…
California regulator investigating crypto interest accounts
The regulator also said in its view that certain crypto interest account providers were providing unregistered securities, such as BlockFi and Voyager. 137 Total views 1 Total shares The California Department of Financial Protection and Innovation (DFPI) has warned consumers to “exercise extreme caution” when dealing with interest-bearing crypto-asset accounts. The DFPI stated that it…
US Security Token Platform Adds New Policies to Comply with FinCEN
Security tokens platform TokenSoft has officially added Know Your Business (KYB) services following a successful alpha test in 2018.The San Francisco-based token issuance platform said in a press release on July 31 that the KYB feature was added in order to enhance customer due diligence (CDD) requirements in compliance with an amendment to the Bank…
Does the future of DeFi still belong to the Ethereum blockchain?
Ethereum is a decentralized finance giant that has seen significant growth over the past few years, spurred on by events like “DeFi Summer” and the rise of nonfungible tokens (NFTs). Ethereum’s popularity, however, may be leading to its downfall, as other protocols look to eat away at or completely consume its market position. Bitcoin and the…
VC Roundup: Enterprise blockchain, Bitcoin staking and Web3 pique investors’ interest
The sharp increase in global interest rates may have limited investors’ appetite for crypto ventures, but new projects are still flourishing and attracting capital to speed up growth. Data from the Cointelegraph Research Venture Capital Database shows June closed out with a 29.73% decrease in venture capital investments, with just $779.32 million secured in 62
DeFi insurance payouts amounted to $34.4M in 2022: Report
Ninety percent of all DeFi insurance claims paid out since inception were distributed in 2022, according to OpenCover. 384 Total views 3 Total shares Own this piece of history Collect this article as an NFTAccording to a Mar. 21 report published by decentralized finance analytics firm OpenCover, DeFi insurance companies paid out $34.4 million in…
Watchdog alleges Super Micro is riddled with accounting, sanctions scandals
Hindenburg Research has uncovered evidence of big problems with a major AI hardware provider.