One SEC commissioner down before Trump’s term — Gary Gensler is next
As Gary Gensler prepares to announce his resignation, some SEC officials have said they will step down before Donald Trump’s inauguration.
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Nifty News: LooksRare the latest NFT market to sack royalties, Twitter’s tweeting tiles, and more
Nonfungible token (NFT) marketplace LooksRare is the latest in a string of NFT markets to do away with enforcing creator royalties by default following the likes of Magic Eden and X2Y2.The platform tweeted on Oct. 27 that it would not be supporting creator royalties by default, instead choosing to share 25% of its protocol fees…

Coinbase and Algorand give divergent reasons for staking reward suspension
Algorand Foundation CEO said the crypto exchange is evaluating its products and services after receiving a Wells Notice. Coinbase denies the claim. 495 Total views 2 Total shares Own this piece of history Collect this article as an NFTAlgorand Foundation CEO Stacy Waden took to Twitter to confirm rumors about Coinbase's decision to discontinue Algorand…

US govt cites ex-FTX exec’s ‘exemplary cooperation’ before sentencing
Prosecutors asked Judge Lewis Kaplan to consider Nishad Singh’s “substantial assistance” to the government in its case against Sam Bankman-Fried at sentencing.

Ripple, Archax debut first tokenized money market fund on XRP Ledger
To kick things off, Ripple’s XRP Ledge will tokenize asset manager asset manager abrdn’s $4.77 billion US dollar Liquidity Fund.

Cybercriminals Use the Blockchain to Relay Secret Messages
SophosLabs published a study that revealed hackers use the blockchain network to share secret messages. 1519 Total views 27 Total shares A group of researchers from SophosLabs state that hackers operating the cryptojacking malware, Glupteba, have been using the Bitcoin blockchain network to communicate in secret.According to the report published on June 24, cybercriminals rely…

Tether Daily Transaction Volume Hits All-Time High
Tether (USDT), the most used fiat-pegged stablecoin, has hit an all-time high by the number of daily transactions, according to blockchain data provider Coin Metrics.On March 31, the amount of Tether transactions hit a high of 38,150, representing a new milestone in the adoption of the major stablecoin launched in 2015.All-time transaction volume of Tether.…

Ripple CEO Hints at IPO, Says More Crypto Firms Will Go Public in 2020
Ripple CEO Brad Garlinghouse predicts that initial public offerings (IPOs) will become more prevalent in the cryptocurrency and blockchain space in 2020.Speaking at the World Economic Forum in Davos yesterday, Jan. 23, Garlinghouse reportedly hinted that Ripple would itself be one of those firms to seek a public flotation:“In the next 12 months, you’ll see…

BendDAO contract drained overnight with 15 ETH left to pay lenders
Many nonfungible tokens (NFTs) that were used as collateral in the platform have defaulted without any bids. 324 Total views 13 Total shares Lending protocol BendDAO has run out of Wrapped Ether (wETH) in its contract. At the time of writing, the contract only has 15 WETH to pay lenders, and an estimated 15,000 Ether…