Equalizer DEX hacker drains funds: Users warned, investigation underway

The state Department of Financial Protection & Innovation says the crypto-interest account is an unqualified security; Nexo has limited the accounts since the BlockFi settlement with the SEC. 297 Total views 4 Total shares The California Department of Financial Protection & Innovation (DFPI) has filed a desist and refrain order against crypto lending platform Nexo…

Former Bakkt CEO and Georgia's new Senator Kelly Loeffler will help oversee major financial regulator, the Commodity Futures Trading Commission (CFTC).Sworn into the United States Senate on Jan. 6, the crypto-friendly businesswoman has joined the Senate Agriculture Committee, which oversees the CFTC. The news was first reported by farm and policy publication Agri-Pulse on Jan.…

“Spicy” AI chatbot Grok hasn’t been seen by the public yet, but it’ll be worth plenty after this securities issue. 2056 Total views 4 Total shares Elon Musk’s X-linked artificial intelligence modeler xAI has an agreement for the private sale of $865.3 million in unregistered equity securities, according to a filing with the United States

Raising $10 million out of $117 million to date, INX expects to finish the IPO by year's end. 1960 Total views 21 Total shares INX, a global digital asset trading platform, is expanding its ongoing initial public offering with listings on exchanges worldwide.In a move to boost the liquidity in its $117 million IPO, INX…

China’s crackdown on Bitcoin (BTC) mining operations has led to a significant drop in the network’s hash rate, but industry participants believe it presents an incredible opportunity for the wider mining ecosystem.China has long been a major contributor to the Bitcoin mining space, at times accounting for more than 70% of the global hash rate…

Bitcoin has hit a 19-month high, and Matrixport predicts it will keep climbing well into next year. 1117 Total views 2 Total shares Bitcoin (BTC) has reached the $40,000 level for the first time since April 2022, climbing around 2% in 24 hours.Bitcoin surged from under $39,500 to strike above $40,000 on Dec. 3 to

Sequoia’s Alfred Lin stood up for the firm’s $213.5 million investment in the now-bankrupt crypto exchange FTX. American venture capitalist Alfred Lin, a partner at Sequoia Capital, stood up for the firm’s multimillion-dollar investment in the now-bankrupt crypto exchange FTX. Speaking at Bloomberg’s Tech Summit, Lin said if he were tasked with evaluating FTX again for…

The Michigan House of Representatives has passed a bill, HB 4102, on April 9 that would include cryptocurrencies in criminal codes regarding illegal actions for financial gain.Michigan lawmakers have voted to introduce amendments to various sections of the Michigan Penal Code, specifying that cryptocurrency would be included in provisions relating to money laundering, embezzlement, credit…