The heads of two major blockchain platforms, Cardano and Ripple, are at odds over the SEC’s approach to regulating digital assets. In a recent interview, Cardano founder Charles Hoskinson suggested the SEC showed favoritism in declaring Ethereum not a security.…
DOT Holders Could See 17-18% Returns After Polkadot Upgrade
Image Source: Coinmarketcap Polkadot stakers can expect an increase in rewards in the coming weeks. A governance proposal to raise the network’s ideal staking rate from 52% to 60% is scheduled for approval on October 14th. The passing of Referendum…
Hack Reversal: Stars Arena Recovers 90% of Stolen Crypto via Novel Hacker Deal
Social media startup Stars Arena has managed to recover approximately 90% of the cryptocurrency stolen in a security exploit last week, an impressive turnaround enabled by an unusual agreement with the hacker responsible. The Avalanche-based company confirmed that after extensive…
Ledger’s Layoff Alert: Is the Crypto Bear Market Biting Harder Than Expected?
Crypto Wallet Manufacturer Announces Layoffs Source:Pinterest Paris-based Ledger, a prominent name in the crypto hardware wallet industry, has recently announced a significant reduction in its workforce. The company’s CEO, Pascal Gauthier, confirmed that the firm must lay off 12% of…
FTX Lawyers Under Scrutiny Over $200 Million Alameda Loans
Bankman-fried’s defense seeks clarity In a recent development, Sam Bankman-Fried’s legal team is pushing to investigate the alleged role of FTX lawyers in issuing $200 million worth of loans from Alameda. This move comes after an Oct. 1 court decision…
UK Crypto Exchanges Scramble to Comply With New Regulations
Major cryptocurrency exchanges operating in the UK have unveiled plans to adhere to the country’s new Financial Promotions (FinProm) Regime enforced by the Financial Conduct Authority (FCA). The rules aim to promote fairness and transparency in the crypto sector. Binance…
Crypto Dreams on X: Musk Fights SEC to Realize Twitter’s Blockchain Potential
Musk’s bold move against SEC Elon Musk, the tech magnate behind Tesla and SpaceX, has once again found himself in the U.S. Securities and Exchange Commission (SEC) crosshairs. The regulatory body recently filed a lawsuit against Musk, alleging his non-compliance…
Vanished! Pi Network Roadmap Delay Blindsides Eager Community
Pi Network recently revealed that its much-touted mainnet roadmap, which was supposed to clarify the blockchain platform’s launch plans, has been delayed beyond the initial mid-October release target. Roadmap Delay Sows Confusion Among Eager Users Initially, Pi Network CEO Dr.…
UK Financial Watchdog to Launch Digital Assets Sandbox in Early 2024
The UK’s Financial Conduct Authority (FCA) has revealed plans to launch a pioneering Digital Assets Sandbox (DAS) by the first quarter 2024. The move aims to promote digital asset innovation under bespoke regulatory conditions. Tailored rules to enable experimentation According…
Coinecta Brings Innovative Decentralized LaunchPad to Cardano
Cardano has welcomed Coinecta, a pioneering decentralized launchpad, to its rapidly expanding ecosystem. Coinecta introduces an innovative decentralized fundraising model to the Cardano blockchain, allowing fundraisers, investors, and stakers to participate in seed funding campaigns without intermediaries. Operated as an…