Crypto founders share debanking stories during ‘Operation Chokepoint 2.0’
Frax Finance was allegedly among the crypto companies targeted by the debanking effort, according to the platform’s founder.
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US SEC Hires In-House Attorney As New Chief Of Cyber Unit
The United States Securities and Exchange Commission (SEC) has hired Kristina Littman as Chief of the Division of Enforcement’s Cyber Unit, a specialized unit that aims to protect investors and markets from cyber-related misconduct. Littman’s credentialsOn Dec. 2, the SEC announced the new hire. The press release elaborated that Littman started at the SEC’s Division of…
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Koinos to launch its free-to-use blockchain mainnet
Formed by Steem blockchain veterans, the platform offers a universal programming language, free account transfers and its own smart contracts system. 491 Total views 6 Total shares Layer-1 decentralized blockchain Koinos is set to launch its mainnet on Nov. 5. It will be a free-to-use platform based on a proof-of-burn (PoB) consensus algorithm, built to…
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Exchange CEO Explains Bitcoin Exploring Uncorrelated Price Action
Bitcoin’s price initially dumped alongside the mainstream markets, but now looks to be exploring its own route. “When the stock markets crashed, Bitcoin crashed,” AAX crypto exchange CEO Thor Chan told Cointelegraph. “It appeared that they were correlated,” he posited, adding:“However, the previous plunge of Bitcoin together with traditional financial markets is due to a liquidity…
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Telegram Claims Recent Ruling Undermines SEC’s Case
Telegram has pointed to a fresh precedent that could bolster its argument against allegations it violated United States federal securities laws.In a March 6 letter to Judge P. Kevin Castel of the U.S. District Court for the Southern District of New York, Telegram brought attention to a recent case ruling it claims undermines the Security…
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Ethereum layer 2’s will continue to have diverse approaches to scaling — Vitalik Buterin
The Ethereum layer-2 ecosystem is likely to continue evolving with diverse technological approaches, according to co-founder Vitalik Buterin.The co-founder of the smart contract blockchain unpacked the current landscape of Ethereum’s scaling ecosystem on his personal blog, with several layer-2 protocols differing in their approaches to bring greater scaling capacity, lower costs and increased security.As Buterin
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10 crypto projects that delivered in 2024
In an industry often dominated by hype, these 10 projects successfully delivered protocol improvements or new products in 2024.
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Acala community votes to burn 2.97 billion of erroneously minted aUSD stablecoin
3.022 billion aUSD were previously minted via a liquidity bridge glitch. 77 Total views 3 Total shares According to a new post by Acala Network co-founder Bette Chen, the community has voted to burn 2.97 billion worth of Acala USD (aUSD) stablecoin.Acala is a decentralized finance platform built on the Polkadot (DOT) ecosystem. The week…
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Japan’s Second-Largest Securities Brokerage Daiwa Completes Blockchain Pilot
Daiwa Securities Group, Japan’s second largest securities brokerage, has announced the completion of a blockchain proof-of-concept (PoC) in a press release shared with Cointelegraph on Feb. 19. The PoC implemented blockchain in the trade matching of post-trade processing.The blockchain pilot project, dubbed “JPX Proof-of-Concept Testing for Utilization of Blockchain / DLT in Capital Market Infrastructure,”…