Court stays order in SEC v. Coinbase case pending appeal
Judge Katherine Failla granted Coinbase’s request for an interlocutory appeal, citing different courts’ interpretations of what constituted a security under the SEC’s purview.
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Chainlink, Aave, Messari and others launch GoodFi crypto alliance
GoodFi claims to be the first cryptocurrency alliance focused on furthering education and research into decentralized finance. 1004 Total views 5 Total shares Some of DeFi’s biggest players have joined forces to launch a new alliance geared towards furthering the education, research and best practices of the nascent industry. The GoodFi alliance includes crypto projects Chainlink,…
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SBF pleads not guilty, crypto layoffs, and bank run on Silvergate: Hodler’s Digest, Jan. 1-7
Top Stories This Week Sam Bankman-Fried enters not guilty plea for all counts in federal court Former FTX CEO Sam Bankman-Fried (has pleaded not guilty to all charges related to the collapse of the crypto exchange, including wire fraud and securities fraud. He faces eight criminal counts, which could result in 115 years in prison…
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How DePin is shaping the future of crypto — Polygon Labs exec
Real-world tokenized assets returned an average of roughly 213% this year, making the sector one of the highest-performing in the industry.
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SEC Seeks Early Judgement in Lawsuit Over Kik’s $100M ICO
The United States Securities and Exchange Commission (SEC) has requested an early summary judgment in its lawsuit against Kik over the messaging company’s $100 million KIN initial coin offering (ICO) during 2017.The SEC first brought its case against Kik in June 2019. The commission argued that the company’s ICO comprised a clear issuance of securities.…
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Celsius founder reportedly withdrew $10M before bankruptcy filing: FT
The details of the withdrawal will reportedly be part of upcoming court filings, and it's possible the founder and former CEO of the crypto platform could be forced to pay it back. 421 Total views 16 Total shares Celsius Network founder and former CEO Alex Mashinsky allegedly withdrew $10 million from the crypto lending platform…
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Blockstream Releases Upgrade of Its Bitcoin Lightning Network Implementation
Blockchain development company Blockstream has released a new version of its Bitcoin (BTC) scalability software, c-lightning, a post on the company’s blog reveals on March 1.C-lightning is an implementation of the off-chain Bitcoin scalability solution, the Lightning Network (LN), that is written in the C programming language. Per the announcement, this latest version, c-lightning 0.7,…
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Why DeFi should expect more hacks this year: Blockchain security execs
Decentralized finance (DeFi) investors should buckle themselves up for another big year of exploits and attacks as new projects enter the market and hackers become more sophisticated.Executives from blockchain security and auditing firms HashEx, Beosin and Apostro were interviewed for Drofa’s An Overview of DeFi Security In 2022 report shared exclusively with Cointelegraph. The executives…
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CEO of defunct yield protocol says user deposits weren’t 'principal protected'
The South Korean platform Delio collapsed last year due to counterparty exposure to Haru Invest, another South Korean crypto yield giant.