SEC wins in killing Kraken’s major questions doctrine defense

1. How does payment fraud happen? Fraudsters are getting increasingly creative — meaning constant vigilance is essential to protect crypto. Ghost platforms that mimic legitimate exchanges. Fake platforms that invent users in order to make their business seem real. Clones of addresses that at first glance seem identical to the places you usually send funds.…

Data released hours after the Merge prompted concerns about the alleged centralization of PoS. 966 Total views 14 Total shares Analysis from Santiment indicates that 46.15% of Ethereum’s PoS nodes are controlled by only 2 addresses.Hours after the Merge, the first address has validated about 188 blocks or 28.97% of the nodes, and the second…

Associate law professor and member of the Securities and Exchange Commission’s Investor Advisory Committee J.W. Verret is calling for the government agency to open for public comment in regards to digital asset regulation.In a petition addressed to SEC Secretary Vanessa Countryman, Verret said opening the floor to comments on digital assets could function as a…

The Ethereum network has come a long way over the last few years. Everything from the rise of decentralized finance (DeFi) to the recent London upgrade has made the network the most compelling attempt to instill a ‘world computer,’ but there’s still work to be done. For global adoption to be the backbone of Web 3.0,…

The bill will now be carried with support to the Senate for passing before a final sign-off into law by Governor Hochul. The New York State Assembly passed a bill late on Tuesday April 26 that would place a two-year ban on all new proof-of-work (PoW) cryptocurrency mining facilities in the state that use a…

Russia is planning on creating legal statutes allowing the government to achieve the impossible: confiscation of Bitcoin (BTC). As local financial news outlet RBC reported on Nov. 7 citing sources familiar with the matter, Russia’s interior ministry will work with various state organs to draw up the plans, which could enter into law in 2021. Confiscating the…

With sanctions coming from the U.S. and allied NATO nations, it is unclear how the local BTC sector and the broader market will be impacted, however, Russian crypto mining appears to be operating smoothly for the time being. 249 Total views 30 Total shares Russian Bitcoin (BTC) miners are reportedly running as usual despite the…

A Russian court dedicated to intellectual property cases has successfully tested a blockchain network for storing copyright data. The technology was reportedly used for the first time in the judicial area in Russia, major Russian news agency TASS writes Monday, Dec. 3.According to TASS, the court recorded a change in a group of right holders,…