Ethereum Name Service plans layer-2 migration to reduce gas fees, boost speed
The proposed ENSv2 aims to lower gas fees and improve transaction speed by moving out of Ethereum and transferring to a layer-2 network.
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Bitfinex security token platform goes live in Kazakhstan
While the Bitcoin mining trading is fading in Kazakhstan, Bitfinex debuts its STO platform with a BTC mining-related token. 267 Total views 25 Total shares Major global cryptocurrency exchange Bitfinex is finally moving forward with its security token platform (STO) in Kazakhstan, opening the first day of trading.Bitfinex Securities, Bitfinex’s blockchain-based investment platform, is officially…

Research Suggests Tether Sentiment Could Provide Chance for Manipulation
New research from Augmento suggests a forward correlation between Tether sentiment, market capitalization and price, which could be manipulated or exploited to create arbitrage opportunities. It hypothesizes that Tether sentiment could therefore provide a signal for traders in a blog post published Aug. 22.Sentiment correlation with market capAugmento notes that Tether sentiment does not appear normal.…

US judge tosses SEC fraud suit against Hex founder Richard Heart
A US judge tossed the SEC’s case against Hex founder Richard Heart, stating it couldn’t decide whether he defrauded investors of $12.1 million because the US lacked jurisdiction. A district court judge has dismissed the US securities regulator’s lawsuit accusing Hex founder Richard Heart of raising over $1 billion through unregistered crypto offerings and defrauding

Litecoin Price Hits $100 as Miner Block Rewards Get Halved
All eyes were on Litecoin (LTC) price August 5 as its block reward halving failed to excite markets and produce considerable gains for investors.Litecoin 7-day price chart. Source: Coin360LTC gains fail to materializeData from Coin360 showed Litecoin, which is the fifth-largest cryptocurrency by market cap, trading at around $104 Monday, a few hours after the…

Paxful co-founder Schaback faces 5 years jail, admits AML failure
Artur Schaback, one of the co-founders of crypto exchange Paxful, has agreed to a plea deal with U.S. prosecutors that could see him locked up for five years.

South African Government Establishes Crypto Assets Regulatory Working Group
A crypto assets regulatory working group dedicated to crypto and blockchain has been established by the South African (SA) government. English-language local news outlet BusinessLive reported on the development on Jan. 2.Tito Mboweni — the South African finance minister — declared:“It is anticipated that, following broad industry comment and participation, the crypto assets regulatory working…

Huobi co-founder’s firm recovers 108% of deposits from FTX collapse
The creditors' claims were sold for cash to Delaware-based Ceratosaurus Investors LLC.

SafeMoon pump and dump lawsuit targets Jake Paul, Soulja Boy, and others
The new proposed class action alleges that SafeMoon recruited a number of celebrities to lure investors in with misleading promotions. 339 Total views 5 Total shares A new class-action lawsuit demands a jury trial against A-list celebrities and social influencers for their alleged participation in a classic pump and dump scheme relating to SafeMoon tokens.SafeMoon,…