SEC sues Nova Labs over alleged unregistered crypto securities offerings

Reddit is following Twitter’s footsteps to join the NFT bandwagon as it explores ways to add NFT profile pictures 1060 Total views 15 Total shares Reddit is testing out NFT profile pictures on its platform, with the news coming just a week or so after Twitter implemented a similar feature. The popular social media platform…

The Ethereum-based synthetic asset issuance platform Synthetix has lost over 37 million synthetic ETH (sETH) in an oracle attack, according to a report by The Block on June 24.While the amount of sETH in question is known to be over 37 million, the price of this loss in U.S. dollars is reportedly unknown due to…

Bitcoin (BTC) mining revenues hit $3.7 billion in the fourth quarter of 2024, a 42% increase from the prior quarter, and are approaching similar levels of around $3.6 billion in Q1 2025, according to data from Coin Metrics.  The revenue uptick suggests miners’ incomes are stabilizing after the Bitcoin network’s “halving” in April 2024 reduced

Major Coinbase shareholders have sold over $14 million of stocks over the past 48 hours. 336 Total views 2 Total shares According to public trading data, Coinbase co-founder Fred Ehrsam and ARK Invest have sold more than $14 million of Coinbase shares over the past 48 hours.Information shared by Insider Tracker, a service that shares

Commissioner Hester Peirce clearly doesn’t see the SEC’s courtroom win against Telegram as a victory for the regulator or innovation in the U.S. 1064 Total views 14 Total shares In her July 21 speech for Blockchain Week Singapore, Securities and Exchange Commissioner Hester Peirce, known among the industry as ‘CryptoMom,’ spoke out on her opposition…

Offenders that use cryptocurrency for illegal activity in Australia are more likely to receive a tougher sentence. 191 Total views 8 Total shares Criminals that used cryptocurrency as part of committing a crime are more likely to receive a tougher sentence in Australian courts, a new study has found. The study, titled “Crime and Cryptocurrency in…

The decentralized finance (DeFi) industry continues to reach unprecedented highs, with daily volume of transactions increasing on a regular basis. Unfortunately, in spite of the billions of funds currently being crossed back and forth, decentralized exchanges (DEXs) are filled with apparent and invisible costs that are a hindrance to market activity.Consequently, the future of DeFi…

On Oct. 23, Mark Zuckerberg, founder and CEO of social media platform Facebook, appeared before the U.S. House Financial Services Committee to testify on the prospective global cryptocurrency Libra, which his company is backing. He ended up enduring almost six hours of mostly critical questioning, as some of the legislators used the occasion to raise…

During the first quarter, the foundation committed $4.34 million in new grants and disbursed $2.79 million in previously committed grants.