Crypto lender Shezmu recovers hacked funds through negotiation
Shezmu recovers nearly $5 million in stolen crypto through negotiations with the hacker, agreeing to a higher bounty. Meanwhile, WazirX struggles with unresolved losses.
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The cryptocurrency sector is overflowing with dead projects
In 2017, when everything concerned with cryptocurrency and blockchain still looked fresh and interesting, it seemed that there would be no day without a new “revolutionary” project or idea. Decentralized financial system, decentralized torrent tracker, decentralized office documentation system. Decentralized, decentralized, decentralized.The overuse of terms like “transparent,” “distributed” and “blockchain-based” soon made most press papers…

Gemini won’t hire MIT grads unless university drops ex-SEC chair Gensler
Gemini CEO Tyler Winklevoss said the exchange won’t hire from MIT due to the university rehiring Gary Gensler, a boycott that one commentator called “overkill.”

How to keep your crypto safe in 2023: a few tips from an analyst
Lead on-chain analyst at Glassnode, James Check, explains why taking self-custody of your private keys has become more important than ever and how to do it in a few simple steps. 93 Total views 2 Total shares Ho-ho-ho! Get Limited Holiday Trait!Collect this article as an NFTThere is no excuse for not putting a few…

US SEC Postpones Verdict on VanEck ETF Application, Again
The United States Securities and Exchange Commission (SEC) has delayed its decision on the VanEck bitcoin (BTC) exchange-traded fund (ETF) proposal, according to an official SEC filing on May 20.The SEC has added a 35 day period for gathering more information and opinions on the proposal, which was initially filed by the Chicago Board Options…

SEC commissioner Elad Roisman will leave by end of January
Roisman was sworn into the SEC in 2018 and served as acting chair until January 2021, with his term as commissioner originally set to expire in 2023. Elad Roisman, one of five members of the Securities and Exchange Commission’s board, has announced his intention to resign from the government agency.In a Monday announcement, Roisman said…

Sam Bankman-Fried seeks expert to counter testimony from DOJ witnesses
Former FTX CEO Sam Bankman-Fried intends to call on a financial expert to rebuff testimonies from Caroline Ellison, Gary Wang, Nishad Singh and Adam Yedidia. 990 Total views 2 Total shares Sam Bankman-Fried’s lawyers are planning to put forward an expert witness to counter testimony from former Alameda Research CEO Caroline Ellison and other witnesses

Navigating decentralized governance in Web3: Balance of transparency and control
As the digital landscape evolves, decentralized governance has become an important notion to foster a fair and inclusive ecosystem. In the trend toward transparency and collaborative decision-making, analyzing companies’ roles and responsibilities in this new paradigm is critical as we navigate the exciting realm of decentralized governance in search of the ideal balance of transparency

Base hits 1M daily active addresses as Basenames takes off
Coinbase layer-2 network Base has notched a record number of daily active addresses amid a surge in growth of the new “basenames” service.