SEC seeks sanctions against Elon Musk over Twitter purchase

The U.S. Senate has already confirmed the nomination of Allison Lee's replacement, Jaime Lizárraga, to work at the SEC for a term ending in 2027. 94 Total views 5 Total shares Allison Herren Lee, one of five members of the United States Securities and Exchange Commission’s board, has officially left the regulatory body after more…

Decentralized finance (DeFi) platform Fei Protocol offered a $10 million bounty to hackers in an attempt to negotiate and retrieve a major chunk of the stolen funds from various Rari Fuse pools worth $79,348,385.61 or nearly $80 million.On April 30, Fei Protocol informed its investors about an exploit across numerous Rari Capital Fuse pools while…

The service would only be available to institutional investors for now, but Fidelity is also launching Bitcoin ETFs to cater to retail interest. 617 Total views 6 Total shares As reported by The Globe and Mail, Fidelity Clearing Canada received approval from the Investment Industry Regulatory Organization of Canada on Wednesday to launch a Bitcoin…

A spokesperson said the move came in response to 'changing market and user needs.' 663 Total views 3 Total shares Binance Connect, the regulated buy-and-sell crypto arm of Binance exchange, will shut down on August 16. Cointelegraph confirmed on August 15 via an email with a Binance spokesperson. The same day, BNB Chain decentralized exchange Biswap…

Blockchain use cases have expanded far beyond cryptocurrency in the past years, with multiple industries embracing the technology in a wide range of fields, including healthcare, logistics, and financial services. The hype has many reasons behind it. Blockchains are decentralized, transparent, and increase the capacity of a whole network, opening a window for solutions that require…

Stack Funds’ analysis suggests that Bitcoin’s floor price has yet to be found as the Chinese New Year approaches. 1870 Total views 10 Total shares The upcoming Chinese New Year holidays on Feb. 12 could have an indirect impact on the Bitcoin (BTC) price and drive sell-offs on the market, according to a recent analysis. Per…

Security concerns surrounding public blockchains may be enough to dissuade enterprises from adopting the tech, according to a Salesforce exec. 4979 Total views 44 Total shares Salesforce’s SVP for emerging technology, Adam Caplan, says that is difficult for enterprises to place trust in public blockchains as they do not offer any access and governance controls.During…

‘Uptake of privacy features and assets has been slow,’ the report stated. The overwhelming majority of crypto transactions do not include privacy tokens, with most traders choosing to move funds transparently rather than privately.According to crypto analytics firm Coin Metrics’ Sept. 1 State of the Network report, the combined daily transactions of three privacy coins,…