Jump Crypto subsidiary Tai Mo Shan settles with SEC for $123 million
The ensuing fallout from the Terra ecosystem collapse eventually caused Terraform Labs to shut down following a settlement with the SEC.
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‘Evolved Apes’ NFT creator allegedly absconds with $2.7 million
Some members of the NFT project are attempting to continue the development of the game, while efforts are underway to apprehend the alleged culprit. 1197 Total views 18 Total shares Investors in Evolved Apes, a recently launched PFP — short for profile picture — nonfungible token (NFT) projec, are grappling with the disappearance of the…
Orchid Labs CEO Says New VPN Seeks to Enhance Privacy Rights
U.S.-based company launched a VPN app for iOS users after witnessing a surge in VPN services demand across the world. 1130 Total views 23 Total shares On July 9, peer-to-peer bandwidth market company, Orchid, announced the official launch of its crypto-enabled VPN app in the Apple App Store. This move comes after the company witnessed…
Alpha Homora loses $37 million following Iron Bank exploit
Though a "prime suspect" has been identified, how will the protocol make itself whole? 582 Total views 9 Total shares In one of the largest exploits of the DeFi era, this morning an attacker successfully drained over $37 million from Alpha Homora by leveraging Cream’s Iron Bank protocol-to-protocol lending platform. Alpha Finance Lab, whose protocol was…
Orbit Chain hacker moves $48M to Tornado Cash after months of ‘silence’
The cross-chain bridge was exploited for $82 million over New Year’s Eve, with the funds sitting dormant since Jan. 1.
Privado ID spinoff takes identity control solution beyond Polygon
Polygon’s zero-knowledge self-sovereign identity solution looks to provide privacy with assured authenticity.
Crypto Lawyers Are in Hot Demand as the Industry Goes Mainstream, Say Experts
Crypto companies are looking for legal talent as the industry becomes more established. 1508 Total views 21 Total shares The crypto market might soon see an uptick in legal hiring as it is moving out of regulatory gray zones, according to a recent article from Bloomberg Law.The publication interviewed a number of experts from the…
Bitnomial sues SEC over claim that XRP is a security
The XRP token is already regulated as a commodity and the SEC “duplicates and compounds the regulatory burden” by saying it’s a security, Bitnomial said in a lawsuit.
Crypto News From the German-Speaking World: Week in Review
The German-speaking world was highly active as far as crypto was concerned this past week. Among other stories, the German Federal Financial Supervisory Authority (BaFin) issued several items of interest to the crypto community, a new fund for blockchain startups launched in Hamburg and an Austrian crypto ATM service filed for bankruptcy following an armed…