Gary Gensler will likely resign in 2025 after Biden exit, says 10x Research
A Trump presidency will spell disaster for Gensler and his role as head of the SEC, said 10x Research founder Markus Thielen.
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Researchers in Singapore design new ‘more efficient’ DAO scheme
Scientists at Singapore University of Social Sciences created a novel DAO voting/governance scheme after reviewing current methods. 283 Total views 2 Total shares A team of researchers at the Singapore University of Social Sciences recently conducted an appraisal of existing decentralized autonomous organization (DAO) voting schemes to determine which was most efficient. The researchers ultimately concluded…
Criminal Extradited from Cyprus for Allegedly Stealing Bitcoin
DOJ extradites two criminals, one for stealing Bitcoin, from Cyprus. 2840 Total views 27 Total shares Two alleged criminals, one suspected of stealing thousands of Bitcoin and the other a money launderer with connections to Hezbollah, were extradited from Cyprus, according to the Department of Justice or DOJ.One of the suspects is wanted in Georgia…
Bitcoin still dominates total payments on BitPay despite the bear market
Total crypto payments on BitPay remained stable despite the bear market, with monthly transactions surging from around 58,000 in 2021 to 67,000 in 2022. 524 Total views 26 Total shares The cryptocurrency bear market has had an impact on how people pay with crypto, but Bitcoin (BTC) remains a major payment tool despite huge volatility,…
OpenSea marketplace receives Wells notice from the SEC
CEO Devin Finzer pledged to "stand up and fight" any potential enforcement action the regulator might bring involving NFTs.
Most crypto exchanges are vulnerable by design, says ByBit CEO
Crypto exchange security is once again in the news after hackers breached KuCoin. But this shouldn’t surprise people as exchanges are vulnerable by design, according to ByBit CEO Ben Zhou. Zhou told Cointelegraph that exchanges act as a single point of failure. As a centralized web application, exchanges are susceptible to the same security issues as…
Brave Comes Under Fire for Binance Affiliate Link Autofill
Brave appears to have removed a controversial feature that was auto-filling the company’s affiliate link when a user attempted to access Binance. 1003 Total views 28 Total shares Crypto-powered privacy-focused web browser Brave has come under fire for automatically filling an affiliate link into its address bar when a user attempts to access the website…
Ex-FTX execs team up to build new crypto exchange 12 months after FTX collapse: Report
The cryptocurrency exchanges offers a self-custody solution that integrates a multiparty computation technique to secure funds. 168 Total views 1 Total shares Several former FTX executives have teamed up to help build a new cryptocurrency exchange in Dubai with a specific focus on what FTX failed to do — secure customer funds.Ex-FTX lawyer Can Sun
Bitfinex and Tether Double Down on Claim of No Customers in New York
Lawyers for Bitfinex and Tether, in the course of an ongoing case against the New York Attorney General (NYAG), submitted multiple fillings on July 22 alleging that the companies never served customers within New York. In one filing, attorney Stuart Hoegner noted the provision in Bitfinex’s terms of service that require that customers that transact be…