Nexera burns stolen 32.5M NXRA tokens following hack
Burning the stolen NXRA tokens is a significant step to ensure the long-term stability and integrity of the Nexera protocol.
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Judge signs off on expedited schedule for Consensys suit against SEC
While Judge Reed O’Connor granted the SEC an extension to respond to Consensys’ lawsuit, he also approved a timeline for considering the case’s merits proposed by the firm.

US Justice Dept charges Roger Ver with tax fraud
The early crypto investor, often called ‘Bitcoin Jesus,’ faces extradition to the U.S. after being charged with evading nearly $50 million in taxes.

Decentralized social media a game changer for creator monetization — Web3 exec
Decentralized social media platforms could provide the potential for users to own their content and data, and make decisions about monetization. 249 Total views 5 Total shares Own this piece of history Collect this article as an NFTThe idea of decentralized social media platforms continues to gain significant traction, with users becoming increasingly concerned with…

Ethereum in danger of 25% crash as ETH price forms classic bearish technical pattern
Ethereum's native token Ether (ETH) looks ready to undergo a breakdown move in May as it forms a convincing "bear pennant" structure.ETH price to $1,500?ETH's price has been consolidating since May 11 inside a range defined by two converging trendlines. Its sideways move coincides with a drop in trading volumes, underscoring the possibility that ETH/USD…

‘Brutal and unrelentingly hard’: Singapore regulator’s clampdown on crypto
The remarks from the regulator's chief fintech officer could see the city-state lose its perception as one of the most crypto-friendly countries in the world. 442 Total views 5 Total shares Singapore’s financial regulator and central bank has pledged to be “brutal and unrelentingly hard” on any “bad behavior” from the cryptocurrency industry.The comments come…

Swift says blockchain integration ‘more plausible’ than unifying CBDCs
Swift claims that interlinking existing systems with blockchains is better for the short term than bringing CBDCs together with tokenized assets in a single ledger. Bank messaging network Swift has recently shared a report highlighting how Swift can connect with blockchains and solve the issue of interoperability between different blockchain networks. In a report titled “Connecting

Developers propose a solution against ‘stealth mining’ to Ethereum Classic community
Would any well-intended miner propose a deep chain reorganization? Earlier today, Dexaran presented its solution to the Ethereum Classic (ETC) community aimed at preventing future 51% attacks. The presentation came a week after Cardano’s IOHK introduced its checkpointing proposal. Dexaran notably used IOHK’s Crowdcast channel for its competing solution.This new proposal is founded on the assumption…

Bank of America Files Patent for Settlement System Citing ‘Ripple’
Bank of America has filed for a patent for a settlement system citing a ‘ripple’ distributed ledger, according to a filing on Google Patents.The patent in question — the application of which was published on June 6 — describes a system using distributed ledger technology (DLT) as an interbank communication tool. The proposed system would…