Source: Dalle-3The United States Securities and Exchange Commission (SEC) has announced that it obtained a court order to enforce an investigative subpoena against two NovaTech crypto investment scheme promoters. In a recent press release, the financial regulator disclosed updates in its investigation against NovaTech Crypto Investment promoters. On Feb 13, the US District Court for...
Source: DALL·E 3Following last year’s closure of crypto checkout gateway Wyre, non-custodial wallet RockWallet is stepping in to acquire its user base. The self-managed crypto wallet acquired the entirety of Wyre’s customer base on Thursday, around eight months after the latter’s shutdown in June 2023. RockWallet said it reached out to Wyre’s users, offering a...
Source: Dalle-3Debt Box, a software firm entangled in a legal battle with the United States Securities and Exchange Commission (SEC), has launched a countermove against the regulatory body’s attempt to dismiss the case. Filed on February 14, Debt Box’s response characterized the SEC’s motion as a strategic maneuver aimed at sidestepping potential sanctions and the...
Source: Dalle-3Get your daily, bite-sized digest of blockchain and crypto news – investigating the stories flying under the radar of today’s news. In today’s crypto news: Asia Still Attractive to Crypto Players, But US Sees Increased Interest Post-ETF Approval Tokenization is Future of Finance, Despite Slump Bitfinex Reveals the Launch of TorogozDev’s New Lightning Node...
Source: Dalle-3Spanish Telco company Telefonica has announced a partnership with Chainlink to provide secure connections for web3 smart contracts. In a recent press release, the company highlighted plans focused on GSMA Open Gateway API security with blockchain technology at the forefront. According to the release, the partnership will secure the operations of telecommunications networks to...
Hacker with computer and golden coins on dark background. Cybercrime concept, hacker without a face is trying to steal cryptocurrency using a computer, AI GeneratedThe US Treasury’s Undersecretary for Terrorism and Financial Intelligence, Brian Nelson, confirmed in a testimony before the House Financial Services Committee that the media and Washington lawmakers exaggerated earlier reports of...
TradFi assets are moving on-chain. Big four American banking giant Citi has just completed a proof-of-concept (PoC) to tokenize traditional finance (TradFi) assets and distribute them on blockchain. The multinational investment bank and financial services corporation used Avalanche’s Evergreen subnet Spruce “for its multi-level permissioning, EVM compatibility, institutional focus, and customizability” according to a report...
Source: PixabayIllicit cryptocurrency transactions fell roughly 30% in 2023, according to Chainalysis’ newly released 2024 Crypto Crime Report. This decrease signals a major shift in crypto money laundering trends. The report also stated that total funds sent between illicit addresses dropped by 14.9% as well. Crypto Money Laundering Trends: Why the Big Drop? According to...
Source: PixabayRenowned YouTube personality Olajide Olayinka Williams Olatunji, widely known as “KSI,” has found himself embroiled in controversy once again, facing allegations of cryptocurrency pump and dump schemes after reactivating a crypto-focused account on social media platform X. Does this still work? — KSICRYPTO (@ksicrypto) February 13, 2024 The YouTuber has come under scrutiny from...
Image by ZayNyi, Adobe Stock.A popular cybersecurity expert known by the pseudonym Samczsun has created a non-profit entity called Security Alliance (SEAL) for white-hat hackers in the crypto world. Security Alliance is a group of white-hat hackers with the aim of protecting crypto projects from the growing risks of cyber attacks. Samczsun, who works as...