SEC opposes Richard Heart’s bid to dismiss $1B securities lawsuit
The SEC hit back at Richard Heart’s bid to dismiss its lawsuit, claiming it has sway over him as his alleged illicit securities sales targeted the US.
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DApp activity rises 3.7% in August for the first time since May: Finance Redefined
Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you significant developments over the last week.Decentralized applications, or DApps, finally showed a glimmer of recovery in August as the daily average of unique active wallets rose by 3.7% compared to May.With just under a week…

On-chain messages on Ethereum uncover tales of love, loss and scams
“I feel kinda pathetic reaching out to you this way, but what can I do,” one hopeless romantic told their ex-lover in an on-chain message.

Bitcoin SV Miners Saw Gross Losses of $2.2 Million Since Fork: BitMEX
A tweet published on April 12 by the research arm of major cryptocurrency derivatives platform BitMEX estimates that Bitcoin SV (BSV) miners have accumulated gross losses of $2.2 million.The report released by BitMEX Research claims that BSV miners perceived a negative gross profit margin of 12% since the coin was created in a hard fork…

Czech Republic to Impose Stricter Crypto Regulations than EU Requires
The Czech Republic is expected to enforce stricter oversight of cryptocurrencies than that required by the European Union’s bloc-wide Anti-Money-Laundering (AML) regulatory regime. According to a report from local newspaper Hospodářské Noviny on Aug. 8, the Czech Republic’s transposition of the European Union (EU)’s Fifth AML Directive (AMLD5) looks set to impose yet stricter requirements on…

Continental Unveils Demo Earning App for Blockchain-Based Car Platform
Automotive supplier Continental has unveiled an application called Earn As You Drive, which uses blockchain technology to monetize car user information.Parking space data for digital currencyForbes reported the news on Aug. 29. Per the report, Continental has partnered with tech firm Hewlett Packard Enterprise and open source network provider Crossbar.io to create Earn As You…

Study: 14% of Major Crypto Exchanges Are Licensed by Regulators
Only 14 percent of 216 global crypto exchanges were confirmed as being licensed by regulators, regulatory technology (regtech) startup Coinfirm found in its crypto exchange risk report released on March 27.Coinfirm, а London-based regulatory tech firm for digital currencies and blockchain, studied 216 global cryptocurrency exchanges to outline the key risks that can be associated…

ETH Zero-Proof Prototype Models: Has Ernst & Young Done What Ethereum Could Not?
Multinational auditing and consulting firm, Ernst & Young (EY), announced on October 30 the launch of their EY Ops Chain Public Edition (PE) prototype, the world's first implementation of zero-knowledge proof (ZKP) technology on the public Ethereum blockchain.This system aims to overcome three main barriers of current transactions and asset transfers on a public blockchain:The…

Nifty’s Inc. launches social NFT platform with Warner Bros. partnership
The Nifty community plans to be an “inviting home base for new and experienced explorers of the NFT universe,” according to CEO and co-founder Jeff Marsilio. 315 Total views 3 Total shares The debut of Nifty’s social NFT platform came with much fanfare on Monday after the company announced a major partnership with Warner Bros.…