The trading platform agreed to pay $1.5 million as part of the settlement with the SEC. Source: https://cointelegraph.com/news/e-toro-cease-crypto-trading-sec-settlement?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Month: September 2024
1inch Network releases cross-chain innovation white paper
The white paper comes shortly after Polygon Labs and Ethereum co-founder Vitalik Buterin revealed new cross-chain interoperability solutions. Source: https://cointelegraph.com/news/1inch-releases-cross-chain-innovation-white-paper?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Gameloft Reveals ‘Claynosaurz’ Mobile Game Based on Solana NFTs
Popular Solana NFT collection Claynosaurz and the 3D animation studio behind it are expanding into gaming. On Thursday, the makers of Claynosaurz announced a collaboration with leading game publisher Gameloft to develop a mobile game based on the brand. While specific details about the game have yet to be fully revealed, the development team hinted that it will combine elements…
Massive discount fee exploit discovered in DeFi protocol DittoETH patch
A ‘warden’ of the platform discovered that an attacker could mint massive amounts of tokens by forcing token prices to diverge from their oracle prices. Source: https://cointelegraph.com/news/code4rena-discount-fee-exploit-defi?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Robinhood Is Well Positioned as Investors Increasingly Prefer Crypto, Says Bernstein
A new Bernstein report highlights how U.S. brokerage Robinhood will benefit from a growing generational shift in financial preferences, with younger investors increasingly turning to crypto and blockchain-based solutions while older generations remain skeptical. Younger investors preferring new tech isn’t exactly shocking. But it has impacted how Bernstein rates some of the publicly traded finance and tech companies it tracks.…
Rebranded Fantom Project, Sonic Labs, Set to Redefine Blockchain Speed With 720ms Finality
Earlier this year, the blockchain project previously known as Fantom rebranded as Sonic Labs, generating significant buzz within the crypto community. Recently, Sonic Labs’ chief technology officer Andre Cronje showcased the network’s testnet performance, highlighting a transaction finality of 720 milliseconds. This achievement suggests the project could set a new standard as the fastest distributed […] Source: https://news.bitcoin.com/rebranded-fantom-project-sonic-labs-set-to-redefine-blockchain-speed-with-720ms-finality/
CEX.IO resumes UK operations, backs stricter crypto rules
Following a voluntary suspension in October 2023, CEX.io has successfully resumed operations in the UK after ensuring compliance with new FCA regulations. Source: https://cointelegraph.com/news/cexio-resumes-uk-operations-backs-stricter-crypto-rules?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
DOGS memecoin ease of access can be a ‘double-edged sword’
Bitget CEO Gracy Chen believes that despite DOGS memecoin’s record-breaking adoption, its ease of access for non-crypto natives may hinder its long-term success. Source: https://cointelegraph.com/news/dogs-token-record-breaking-adoption-long-term-challenges?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Greece plans new $330M data center to boost AI expansion
Paris-based Data4 plans to invest in Greece to develop a major AI data center hub outside of Athens, signaling a boost to the country’s digital infrastructure and economy. Source: https://cointelegraph.com/news/greece-300m-data-center-ai-expansion?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Court Sentences Missouri Man to 3 Years in Prison for Crypto and Tax Fraud
Missouri resident Lyell Champagne Jr. has been sentenced to three years in federal prison for fraud and tax offenses involving cryptocurrency. He and his accomplice attempted to steal funds by accessing victims’ bank accounts and filing false tax returns. Law enforcement recovered most of the stolen funds. Champagne pleaded guilty to multiple charges in June […] Source: https://news.bitcoin.com/court-sentences-missouri-man-to-3-years-in-prison-for-crypto-and-tax-fraud/