A skilled computer security engineer has been charged with wire fraud and money laundering related to an attack on a decentralized exchange. A former security engineer for an international technology firm has been arrested and charged for allegedly using a smart contract bug to steal $9 million in cryptocurrency from a Solana-based decentralized crypto exchange....Continue Reading

BlackRock’s commitment to advancing its crypto efforts only lends to the validity of Bitcoin as an asset class, said Michael Sonnenshein. The recent tsunami of spot Bitcoin (BTC) exchange-traded fund (ETF) filings should be seen as a “moment of validation” for Bitcoin, says Grayscale Investments CEO Michael Sonnenshein. During a July 12 interview on CNBC’s...Continue Reading

In January, lawyer John Deaton persuaded the Judge in the SEC vs LBRY case that secondary LBC token sales don’t constitute a securities offering. Ripple may be holding its breath a bit longer after a United States District Judge refused to rule on if the secondary sale of LBRY Credits (LBC) constitutes a security. On...Continue Reading

Arkham CEO Miguel Morel said public blockchains are “probably the worst possible way of keeping one’s private information private.” The chief of the startup blockchain intelligence platform Arkham has refuted claims by the crypto community that its new “Intel Exchange” is a “snitch-to-earn” or “dox-to-earn” system. On a July 11 Twitter Space, Arkham CEO Miguel...Continue Reading

The European Commission has laid out its plans for becoming a “world leader” in Web 4.0 and the Metaverse. The European Commission has tipped “extended reality” — technology that enables people to interact with virtual worlds — to create as many as 860,000 jobs in Europe by 2025.  Extended reality or XR is an umbrella...Continue Reading

The surveillance-sharing agreements are a measure recommended by the SEC in March, which says they can prevent fraud and protect investors. Exchange operator Cboe Global Markets has amended five spot Bitcoin (BTC) Exchange-Traded Fund (ETF) applications to include a surveillance-sharing agreement (SSA) with Coinbase. On July 11, Cboe amended filings with the United States Securities...Continue Reading

Community members may want to read up on the intricacies of tax law before they respond, but they have two months to do so. United States Senate Financial Services Committee Chair Ron Wyden and ranking member Mike Crapo released an open letter to the digital asset community on July 11 asking for input on the...Continue Reading

Fir Tree hinted at potential additional litigation against Grayscale and parent company Digital Currency Group based on what its GBTC documentation may reveal. Grayscale Investments has reached an agreement with New York-based investment firm Fir Tree Capital Management over its Bitcoin Trust. According to a July 11 announcement from Fir Tree, Grayscale agreed to provide...Continue Reading

Artificial intelligence has proven effective at identifying security vulnerabilities, but early tests indicate it won’t be able to replace humans for a while. While artificial intelligence (AI) has already transformed a myriad of industries, from healthcare and automotive to marketing and finance, its potential is now being put to the test in one of the...Continue Reading