Elon Musk lashes out at EU over ‘illegal’ free speech deal
The European Commission and Elon Musk’s social media site, X, look set to battle over alleged transparency violations.
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ECB president reiterates calls for ‘MiCA II’ in response to FTX collapse
In June, Christine Lagarde said a potential MiCA II framework “should regulate the activities of crypto-asset staking and lending, which are definitely increasing.” 660 Total views 25 Total shares Christine Lagarde, president of the European Central Bank, or ECB, has once again called regulation and supervision of crypto an “absolute necessity” for the EU in…

Rari Fuze hacker offered $10M bounty by Fei Protocol to return $80M loot
Decentralized finance (DeFi) platform Fei Protocol offered a $10 million bounty to hackers in an attempt to negotiate and retrieve a major chunk of the stolen funds from various Rari Fuse pools worth $79,348,385.61 or nearly $80 million.On April 30, Fei Protocol informed its investors about an exploit across numerous Rari Capital Fuse pools while…

Chile: Crypto Exchange Loses Ongoing Legal Battle in Supreme Court Ruling
The Chilean Supreme Court has ruled against crypto exchange Orionx, allowing a state-owned bank to close its account, local news outlet Emol reported Dec. 4.The third chamber of the high court has revoked the decision taken in July that had guaranteed protection to Orionx and forced local state-owned bank Banco del Estado to reopen its…

FTX may be planning to purchase stake in BlockFi: Report
The reportedly ongoing talks followed BlockFi signing a term sheet with FTX to secure a $250 million revolving credit facility on Tuesday. Crypto exchange FTX is reportedly in talks to acquire a stake in BlockFi following the company issuing a $250 million credit to the lending firm.According to a Friday report from the Wall Street…

Accenture–Fujitsu Project Hopes to Solve Blockchain Interoperability
While interoperability continues to pose serious challenges for enterprises leveraging blockchain networks, companies may be one step closer to breaking down these barriers. An open-source project initiated by Fortune 500 company Accenture and Fujitsu joined Hyperledger’s Greenhouse on May 13, 2020. The project, formerly known as the “Blockchain Integration Framework,” spent six months in development in…

Hackers post racist and offensive messages to Blockfolio users
A breach of Blockfolio’s signal feed saw racist messages sent to some users of the crypto portfolio platform. 2349 Total views 12 Total shares Some Blockfolio users received shocking messages from the app on Tuesday in what has now been confirmed as a breach of the platform’s signal feed.The hackers responsible for the breach sent…

Edward Snowden reveals he was one of six who helped launch Zcash
It turns out the pseudonymous John Dobbertin, who was one of the six participants in the Zcash Ceremony, was Edward Snowden all along. 548 Total views 3 Total shares Cybersecurity poster boy and government surveillance whistleblower Edward Snowden has revealed he played a pivotal role in the creation of privacy token Zcash (ZEC).A video from…

Washington Utility Temporarily Stops Accepting Applications for Crypto Mining
A customer-owned utilities company in rural Washington has stopped accepting applications for electricity from crypto mining and similar blockchain operations, the Seattle Times reported July 30. The Franklin Public Utility District commissioners (PUD) have approved a moratorium that will allow time for staff to investigate the impact of cryptocurrency mining on the electrical system before…