The U.S. Securities and Exchange Commission (SEC) has brought 97 cryptocurrency enforcement actions so far. Furthermore, the securities regulator has imposed approximately $2.35 billion in total monetary penalties against digital asset market participants. 97 Crypto Enforcement Actions Cornerstone Research published a report titled “SEC Cryptocurrency Enforcement: 2021 Update” last week. The report analyzes SEC enforcement activities from July 2013 to…
Coin Bureau, a popular information portal for cryptocurrency developments with over 600,000 followers on Twitter, experienced a security breach on its Youtube channel on Monday. Hackers allegedly uploaded a video with links to scam fiat/cryptocurrency addresses soliciting a token sale before being taken down by Youtube. According to Coin Bureau staff, they were baffled by the incident as its accounts…
Satoshi Energy Corporation has raised 60 bitcoin in its latest seed round.The company seeks to power bitcoin with renewable energy by connecting data centers with BTC miners. Satoshi Energy Corporation has raised 60 BTC, worth about $2 million at the time of writing, in a seed round led by Stillmark and its founding partner Alyse Killeen. “The seed funding is…
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Nonfungible tokens (NFT) may be disrupting the trillion-dollar fashion industry, but NFTs are just one piece of a much larger puzzle that is revolutionizing this sector. Rather, blockchain technology as a whole continues to be a game-changer for the fashion industry. While blockchain-based supply chains served as some of the earliest use cases of how the technology could help detect…
The metaverse is the word on everyone’s lips right now, as the persistent, shared virtual world has exploded into the popular consciousness. A virtual land grab is underway, as parcels of digital real estate, represented by non-fungible tokens (NFTs) are being snapped up for millions of dollars. Unsurprisingly, big corporate players are making moves in the metaverse; Facebook has rebranded…
Nasdaq-listed miner CleanSpark said it now boasts 2 EH/s of hashrate capacity.The miner doubled its hashrate capacity in just a few months.CleanSpark is also implementing solutions to maximize mining efficiency, including immersion-cooling. CleanSpark, a Nasdaq-listed bitcoin mining and energy technology company, announced on Monday that its operations have reached two exahashes per second (EH/s) of hashrate capacity, enabling the miner…
The total value locked (TVL) in decentralized finance (defi) protocols has lost 6.8% during the last 24 hours as crypto markets have experienced more losses. However, the Fantom blockchain has seen a TVL increase, jumping 46.62% over the last week. Fantom has managed to knock Binance Smart Chain (BSC) down a notch, as it now holds the third-largest share in…
An exploit on NFT marketplace OpenSea enabled one buyer to purchase Bored Ape Yacht Club (BAYC) NFTs for tens of thousands of dollars less than the collection’s floor price. BAYC #9991 owner Tballer was devastated when his Ape was sold for just 0.77 Ethereum (about $1,700). I just lost an ape guys…. I’m crying…. How did this just happen????😢😢😢😢😢😢😢😢😢😢😢😢😢😢😢 —…
CheckTemplateVerify (CTV) is a soft fork proposal for Bitcoin specified in the Bitcoin Improvement Proposal (BIP) 119. It aims to enable new use cases for the network by adding a basic type of “covenant,” or smart contract, which is more than what can be achieved at the moment. Why Covenants? Bitcoin, as is, doesn’t possess a lot of flexibility in…
