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US crypto industry needs band-aid now, 'long-term solution' later — Uyeda
A fast-tracked temporary crypto regulatory framework could bolster innovation within the US crypto industry while permanent regulations are still in the works, says acting US Securities and Exchange Commission (SEC) chair Mark Uyeda. “A time-limited, conditional exemptive relief framework for registrants and non-registrants could allow for greater innovation with blockchain technology within the United States

NYAG Requests That Bitfinex Be Forced to Release Tether Deal Documents
The New York State Attorney General (NYAG) Letitia James has requested the disclosure of documents concerning an alleged deal made between cryptocurrency exchange Bitfinex and stablecoin operator Tether. The NYAG’s memorandum of law was filed on May 3.The memorandum of law calls for more transparency and claims “that Bitfinex and Tether misled their clients and…

ZkSync denies NFT ‘insider minting,’ claims some minters attended events
Matter Labs stated that its employees were not eligible for the ZK airdrop and did not hand out NFTs to friends or other insiders.

Skyfire launches blockchain payment network that lets AI spend your money
The company is currently focused on B2B, but there are countless potential applications for consumers.

Diabolical Malware Targets Windows Users to Mine Monero
A malware called “Lucifer” is targeting old vulnerabilities in Windows systems to install a well-known Monero mining application. 449 Total views 14 Total shares On June 24, security experts from Palo Alto Networks’ Unit 42 warned about a new self-propagating malware that launches cryptojacking and DDoS attacks against Windows systems. The software operates under the…

JPMorgan report: Eth2 could kick-start $40B staking industry by 2025
CEO Jamie Dimon may not support crypto, but two JPMorgan analysts say proof-of-stake coin yields are attractive investments in this zero-rate environment. 1685 Total views 15 Total shares The launch of the energy efficient Ethereum 2.0 network will popularize the proof-of-stake consensus mechanism and make staking yields a more attractive source of income for both…

Loopring DEX Quickly Fixes Major Bug Before It Can Be Exploited
A security vulnerability on decentralized exchange, Loopring, was identified and quickly patched before it could be exploited. On May 7, Blockchain scalability and privacy specialist, Starkware, discovered a critical security vulnerability in the frontend wallet of Loopring’s decentralized exchange. This bug placed all $5 million worth of the exchange’s funds at risk.Starkware alerted Loopring, who…

$600M XRP token release to bring August crypto unlocks to $1.5B
The month of August is shaping up to be a big month for token unlocks, with just shy of $1.5 billion in tokens being released to the market.