SEC expands Binance lawsuit: AXS, FIL, ATOM now securities

The developer behind popular NFT projects PUNKS Comic and MetaHero Universe, alongside investors Velvet Sea Ventures and 01A, plan to pioneer Web3 storytelling via new company. 307 Total views 5 Total shares Operator-led venture capital firms Velvet Sea Ventures and 01 Advisors invested $100 million into Pixel Vault, a large nonfungible token collection of superheroes,…

The Swedish government is reacting to an alleged Bitcoin fraud scheme that targeted vulnerable people in Sweden, Australia, New Zealand and the U.K.Ukrainian officials were informed of the allegations in a meeting on March 2, according to an Organized Crime and Corruption Reporting report published on March 3.Foreign policy consequences of the fraudSwedish Minister of…

A loophole in the code allowed the hacker to drain funds worth roughly $455,000 from Arcadia’s Ethereum and Optimism vaults. 411 Total views 1 Total shares A hacker drained approximately $455,000 from noncustodial decentralized finance (DeFi) protocol Arcadia Finance by exploiting a code vulnerability.Blockchain investigator PeckShield alerted about the hack on Arcadia Finance, highlighting the…

The Federal Bureau of Investigations (FBI) expects a rise in the number of crypto scams related to the coronavirus pandemic. In a April 13 press release, the FBI warned that the increase of “cryptocurrency-related fraud schemes” would only be facilitated by more people getting on board with crypto. The elderly are particularly vulnerable, but the agency…

Gary Cohn — former chief economic adviser to U.S. Pres. Donald Trump — has joined the board of advisers of blockchain-related tech company Spring Labs, according to a press release published, Oct. 12.In addition to serving in the Trump administration, Cohn has previously worked as COO of American banking giant Goldman Sachs, and most recently…

On-chain metrics detect strong "sophisticated passive buying" on spot exchanges and a rise in the movements of Bitcoin to whale wallets. 1548 Total views 52 Total shares "Sophisticated passive buying" on Bitcoin (BTC) spot exchanges coincides with the trend of BTC leaving exchanges to cold storage.Adjusted Bitcoin supply shock. Source: Willy WooThe price recovery witnessed…

IOST rallied to a multiyear high after Binance announced a new staking program and the project airdropped tokens to Citadel One mobile wallet users. 3345 Total views 22 Total shares While the past year has been marked by the rise of decentralized finance (DeFi), centralized entities like Coinbase and Binance continue to be some of…

As part of the sponsorship deal with SCC Napoli, the Floki Inu logo will be featured on the back of the football team’s jersey and across LED signs at the team’s home stadium. 360 Total views 6 Total shares The team behind the Floki Inu (FLOKI) token — inspired by Elon Musk’s pet dog of…

Indian state officials are reportedly no longer keen on banning Bitcoin and a crypto regulatory bill may be up for discussion during the Monsoon Session of Parliament. 6761 Total views 5 Total shares The tide may have finally turned for cryptocurrencies in India as reports indicate a softer stance by the government toward crypto.According to…