NongHyup Bank revealed that the leading banks in South Korea, including Industrial Bank of Korea, Shinhan Bank, and Woori Bank, have joined its consortium for security token offerings. The consortium has also witnessed the participation of other financial technology companies such as Funble,...
ADA, the native currency of Cardano, a blockchain smart contracts platform and Ethereum competitor, is not a security, the lead developer of the network, Input Output Global (IOG), has responded in a recent statement. SEC sues Binance and Coinbase Early this week, the United...
In a recent CoinDesk article, the Securities and Exchange Commission (SEC) alleged that Binance CEO Changpeng “CZ” Zhao received billions of dollars in customer funds through their holding company. In response, CZ expressed uncertainty about the accuracy of the allegations. Journalistic uncertainty In...
Steve McNew, a globally recognized blockchain and digital asset investigator, offers a rare glimpse into the twisted maze of crypto fraud and disputes at Money20/20, the world’s most prominent fintech event. Cryptocurrencies have always been shrouded in an air of enigma from their...
In a recent social media skirmish, former Twitter CEO and Bitcoin advocate Jack Dorsey sparked a heated debate by affirming that Ethereum (ETH) could be considered a security. The statement from Dorsey immediately drew attention and triggered a Twitter war with Udi Wertheimer,...
A European Parliament-commissioned study proposes all crypto assets be treated as securities by default and calls for decentralized finance (DeFi) organizations to receive legal status. A recent study commissioned by lawmakers at the European Parliament proposes that all crypto assets should be treated...
Security researchers have recently disclosed a critical zero-day vulnerability in the TRON blockchain that could potentially expose $500 million worth of cryptocurrency to theft. The vulnerability, discovered by the 0d research team at dWallet labs, specifically targeted multisig accounts on the TRON blockchain....
The Cosmos ecosystem is introducing Mesh Security, a collaborative security model designed to enhance the economic security of the network while maintaining the independence of individual blockchains. In the ever-evolving world of blockchain technology, the Cosmos ecosystem is introducing a novel initiative known...
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied In a significant development for the digital asset industry, the US Securities and Exchange Commission (SEC) has officially declared filecoin as a security. On May 17, the crypto investment...
AllianceBlock‘s identity issuance and verification platform, NexeraID, is now a member of the World Wide Web Consortium (W3C), the international organization responsible for developing web standards, a recent press release reveals. Enhancing web2 security with decentralized ID Decentralized Identifiers are designed to offer...