The United States Securities and Exchange Commission (SEC) is grappling with challenges in serving a lawsuit against Richard Heart, also known as Richard Schueler, the founder of Pulsechain, PulseX, and the controversial project Hex. This legal action was filed on July 31st, accusing Heart of selling unregistered securities and deceiving investors. However, the process of
Blockchain
ADDX, the blockchain-powered private markets exchange based in Singapore, has recently added a deep-value equity fund to its platform. This fund is managed by Aggregate Asset Management (AAM), an investment management firm that utilizes machine learning to optimize investment strategy and returns. The fund aims to achieve a compound annual growth rate of 8% and
Nubank, the Brazilian neobanking unicorn, has been making waves in the crypto industry with its continuous efforts to adopt and expand its cryptocurrency offerings. The bank has recently added support for five more altcoins to its banking app, including Polkadot, Avalanche, Stella Lumens, Arbitrum, and Optimism. This move comes after the successful launch of crypto
Hackers are currently leveraging a critical vulnerability in the Apache ActiveMQ protocol to target Linux machines with malware and crypto miners. This article discusses the details of the vulnerability, the impact it poses, and the necessary measures organizations should take to mitigate the risks associated with this cyber threat. Trend Micro researchers have identified a
Coinbase CEO, Brian Armstrong, has emphasized the significance of compliance and rule clarity in the cryptocurrency industry, following Binance’s recent settlement with the Department of Justice (DOJ). In a tweet, Armstrong highlighted the need for companies to prioritize adherence to regulations to prevent regulators from imposing substantial fines. He stressed that Coinbase has been committed
Multinational crypto mining and blockchain giant Phoenix Group has achieved a significant milestone in its initial public offering (IPO) raise. The mining company recently announced that its IPO was oversubscribed 33 times, indicating a strong interest in its global mining activities. This overwhelming response from investors underscores the confidence they have in Phoenix Group’s mining
Japan’s financial landscape is on the brink of a major transformation with the upcoming launch of the country’s first-ever digital securities trading platform. Osaka Digital Exchange Co. (ODX) is spearheading this revolutionary shift in the market, aiming to enhance accessibility and liquidity for security tokens. With influential players from traditional finance in Japan, including SBI
The decentralized exchange dYdX has recently fallen victim to a targeted attack resulting in significant losses. In this article, we will explore the details of the attack, the impact on dYdX and the broader crypto industry, and the measures taken to prevent future incidents. On November 17th, dYdX experienced a targeted attack that specifically targeted
The US Securities and Exchange Commission (SEC) has recently announced the postponement of its decisions on spot Bitcoin exchange-traded fund (ETF) applications submitted by Global X and Franklin Templeton. This move by the regulatory body has raised questions and concerns within the crypto market, as investors eagerly await the launch of a spot Bitcoin ETF.
GS Partners, a company accused of defrauding cryptocurrency investors through fraudulent schemes, is facing regulatory crackdown in several U.S. states, including California and Texas. Authorities have accused GS Partners of violating securities laws by making false claims and omitting key details, ultimately deceiving retail investors. The enforcement action primarily targets entities such as GSB Gold
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