The US Securities and Exchange Commission (SEC) has pushed back against Hex founder Richard Heart’s attempt to dismiss the $1 billion securities fraud lawsuit filed against him. The SEC filed an opposition brief in a New York federal court, arguing that Heart’s motion to dismiss does not adequately address the allegations in the complaint and
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German authorities recently seized nearly 250,000 euros and 13 crypto ATMs during a nationwide crackdown on unlicensed cryptocurrency machines. The operation, led by the Federal Financial Supervisory Authority (BaFin), aimed to strengthen regulatory oversight in Germany’s rapidly expanding crypto sector. On August 20, officials targeted 35 locations where crypto ATMs were allegedly operating without proper
Delving into the world of cryptocurrency was not initially the path Opeyemi had envisioned for himself. However, over two years ago, he took a leap of faith and entered this exciting and unique realm. Since then, Opeyemi has been captivated by the intricacies of blockchain technology and has dedicated his time to unraveling the complexities
The DeFi Education Fund and the Blockchain Association have raised significant privacy and security concerns regarding the Securities and Exchange Commission’s (SEC) Consolidated Audit Trail (CAT). The CAT, launched in April, aims to track all securities trades across US markets, creating the largest government-mandated collection of personal financial data in history. The NCLA initiated a
Cryptocurrency has become a popular topic of discussion in recent years, drawing in individuals from all walks of life. One such individual is Opeyemi, a dedicated writer and enthusiast in the world of digital assets. Despite not originally choosing this path, Opeyemi has found himself deeply engrossed in the complexities of blockchain technology and the
Opeyemi is a skilled writer and an enthusiast in the exciting and unique realm of cryptocurrencies. Despite the fact that the digital assets industry was not his first choice, he has remained absolutely drawn to it since he ventured into the space over two years ago. Opeyemi takes pride in creating unique pieces that unravel
Recently, a new malicious browser extension known as the “Bull Checker” has been causing havoc among Solana users on Reddit. This extension, disguised as a meme coin tracker, has managed to evade detection systems and drain the wallets of unsuspecting users. The implications of such malicious extensions are far-reaching and highlight the need for users
German authorities recently carried out a coordinated nationwide operation aimed at curbing unlicensed activities within the country’s rapidly expanding crypto market. The operation, spearheaded by the Federal Financial Supervisory Authority (BaFin), resulted in the confiscation of $28 million in cash and 13 crypto ATMs. This action underscores Germany’s commitment to mitigating the risks associated with
The Nigerian Federal Inland Revenue Service (FIRS) is set to implement new legislation aimed at taxing the rapidly growing crypto sector in the country. This decision was revealed by FIRS Executive Chairman Zacch Adedeji during a meeting with the National Assembly’s Finance Committees. The primary objective of this new regulation is to stimulate economic growth
Recently, blockchain investigator ZachXBT revealed shocking information about North Korean developers who managed to steal $1.3 million from a project’s treasury. This brazen act of theft involved the use of fake identities to inject malicious code into the system, enabling the unauthorized transfer of funds. The stolen funds were cleverly laundered through various channels, including