SEC lists crypto as an examination priority in 2025

U.S. authorities have accused a man of securing COVID-19 relief funds to invest in cryptocurrency. 2295 Total views 23 Total shares A Texas resident was charged by the U.S. Attorney for the Southern District of Texas on July 14. Allegations suggest that he fraudulently filed loan applications for $1.1 million through the Paycheck Protection Program,…

Just don’t use work resources for personal gain. 1398 Total views 17 Total shares A former government contractor in Australia who mined crypto using state-owned supercomputers has avoided jail time. According to The Sydney Morning Herald, Jonathan Khoo was ordered to complete 300 hours of community service for installing code on two supercomputers run by Australia’s…

Security for mobile decentralized exchange usage depends on several factors. 621 Total views 10 Total shares Using a decentralized exchange, or DEX, on a mobile device does not necessarily make for greater hacking risk, according to Kadan Stadelmann, CTO of blockchain platform Komodo. "I don’t think that the risk to a mobile DEX is necessarily higher than…

Major cryptocurrency exchange Kraken made its WebSockets private Application Program Interface (API) available for all Kraken clients.On Oct. 24, Kraken reported on its blog that the first two messages of the private API have gone live to all of its clients after being in beta mode since the beginning of October.The new functionalitiesThe crypto exchange advertises…

Japan’s Mizuho Financial Group plans to introduce a digital currency to be used for remittances and payments in March, English-language Asian media Nikkei reports Dec. 26.According to the article, the fees that the retail shops will be required to pay for accepting the currency will be significantly lower than the fees charged for credit card…

LayerZero has identified 800,000 potential Sybil addresses so far, but the process has antagonized some community members.

A new crypto wallet has just launched in Apple’s App Store store that uses Web2 trickery to ensure users don’t need to interact with seed phrases or passwords.According to a May 11 announcement from the app’s developer, Kresus, the new wallet stores users’ private keys in an Amazon Web Services Hardware Security Module (HSM) and…

El Salvador’s move to make Bitcoin legal tender in the country continues to elicit reactions from legacy finance gatekeepers — this time, from the Bank for International Settlements. 6265 Total views 7 Total shares Benoît Cœuré, Bitcoin (BTC) critic and the head of the innovation hub at the Bank of International Settlements, called El Salvador’s…

Tokenized commodities offer fractional ownership, portfolio diversification and investment accessibility across various asset classes.