The suit claims Binance used Ether as a commodity in its financial products, experts explained, which says little about the basic nature of the coin.
Binance launches internal investigation following KYC bypass rumors
Following allegations that Binance employees and volunteers help users bypass KYC protocols, the crypto exchange says it is launching an internal investigation.
Binance employees allegedly help customers in China bypass KYC controls
A new investigation claims that users around the world are manipulating Binance’s billion-dollar security protocols through inside help.
Gensler suggests staking token operators should ‘seek to come into compliance’
The SEC head was speaking impromptu to reporters after a commission meeting when he was asked about a statement made by the CFTC chair.
Web3 Security Company Ironblocks Takes Aim at Spate of DeFi Hacks
Ironblocks is the latest Israeli startup to build a protocol monitoring solution for crypto.
‘AI can be defeated with cryptography,’ says Chelsea Manning at SXSW
Cointelegraph sat down with activist and cybersecurity expert Chelsea Manning to discuss how blockchain technology can combat challenges associated with artificial intelligence.
What Happens If Ether Is a Security?
A recent suit filed by the New York Attorney general could have far-ranging complications for crypto exchanges that list ether and similar tokens.
Multisig wallets vulnerable to exploitation by Starknet apps, says developer Safeheron
The vulnerability allegedly allows Web3 apps using the Starknet protocol to bypass the security protection of private keys in MPC wallets, potentially exposing users’ private keys to wallet providers.
Coinbase CEO reiterates that ‘staking’ products aren’t securities
The SEC is broadening its investigation into crypto exchanges and has targeted staking products for potential securities violations.
Is the SEC’s action against BUSD more about Binance than stablecoins?
The SEC’s enforcement action against BUSD raises questions about whether the regulatory body is focused on the stablecoin market or the crypto exchange Binance.
Uniswap DAO debate shows devs still struggle to secure cross-chain bridges
Developers face tradeoffs between making bridges upgradeable to fix bugs versus making them decentralized.
New Canadian rules for crypto trading platforms leave little room for stablecoins
The Canadian Securities Administrators has tightened registration requirements for crypto exchanges for the second time, after the disorder seen in 2022.
Dapper Lab’s NBA Top Shot Moments qualify as a security, says U.S. judge
Federal judge Victor Marreo reviewed the Howey Test, which determines whether the NFTs qualified as an investment contract subject to U.S. securities laws. Upon denying the motion, the court authorized the case to proceed.
Coinbase discloses recent cyberattack targeting employees
No customers’ funds or information were impacted, according to the company. Coinbase’s engineering team believes the attack is associated with a sophisticated phishing campaign.
PayPal co-leads $20M seed funding for on-chain risk optimizer Chaos Labs
Chaos Labs protects crypto protocols against external exploits and risks with an automated risk management platform.
The fate of dollar-pegged stablecoins in question: Law Decoded, Feb. 13–20
The United States Securities and Exchange Commission (SEC) ordered Paxos Trust to stop issuing Binance USD. That could affect the whole stablecoins ecosystem.
SEC vs. Kraken: A one-off or opening salvo in an assault on crypto?
The U.S. Securities and Exchange Commission may be focused on custodial staking programs today, but does it also have proof-of-stake blockchain networks in its sights?
DeFi platforms can comply with regulations without compromising privacy — Web3 exec
Zero knowledge proofs, DIDs, and more could help DeFi protocols maintain regulatory compliance without exposing their users.
GBBC Digital Finance joins international securities organization as an affiliate member
GBBC Digital Finance is now one of over 200 affiliated members of the International Organization of Securities Commissions, which also includes 35 national regulators.
Breaking: Circle squashes rumors of planned SEC enforcement action
Rumors swirled on Twitter that the stablecoin issuer received a litigation notice from the U.S. securities regulator but a Circle executive rebuffed the claim.