SEC sues Cumberland DRW for unregistered crypto dealer activities

A crypto user has gone very long on Solana, staking a very small portion of the token for the next 3,000 years, according to blockchain analytics firm Arkham Intelligence. The unknown user staked $0.05 Solana (SOL) in 2023, and it will unlock in the year 5138, Arkham said in an April 5 post to X.

Police claim that wash trading and market manipulation by the owner and management team of the Coinbit exchange netted over 100 billion won. South Korea’s third-largest cryptocurrency exchange, Coinbit, has been seized by police following fraud allegations. According to an Aug. 26 report by the Seoul Shinmun, 99% of transaction volume on the exchange was…

Joe Lubin said Ethereum's robust security and established network free up developers to build on the layer-1 rather than bootstrapping. Ethereum co-founder Joe Lubin discussed the future of the smart contract network at the Digital Asset Summit and said layer-2 (L2) scaling networks would continue to be central to the Ethereum ecosystem. In an exclusive

The company's complaint to the New York regulator reportedly came before the SEC's lawsuit against Paxos over BUSD and NYDFS ordering the firm to "cease minting" the stablecoin. 498 Total views 10 Total shares Own this piece of history Collect this article as an NFTNew York State’s Department of Financial Services, or NYDFS, reportedly received…

Alvi says the company is focused on bringing the next billion users to crypto, and attracting pro traders is a major part of its plans. 41 Total views 1 Total shares Moheeth Alvi, group product manager at Coinbase Advanced, joins Cointelegraph’s Hashing It Out podcast with host Elisha Owusu Akyaw for an in-depth discussion about

Over the weekend hackers stole about $150 million in user funds from a number of hot wallets at KuCoin exchange. Previous instances of hacking usually have a negative impact on crypto prices but as the news broke the price of Bitcoin (BTC) and major altcoins hardly budged.In a recent interview with the Human Rights Foundation,…

EOS began a descending trend 53 days ago and despite the recent 27% weekly gain, the altcoin is not showing any signs of a reversal. As a result, investors are questioning whether the former top-5 cryptocurrency has what it takes to turn around after Daniel Larimer, CTO of the development company behind EOS, resigned in…

Congressman and Blockchain Caucus Co-Chair David Schweikert has advanced a bill to make good on the crypto adage, "code is law." 1030 Total views 8 Total shares Republican Congressman David Schweikert (R-AZ) has referred a new bill to the House Committee on Energy and Commerce that, if passed, would recognize digital signatures on the blockchain as enforceable by…