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A district court judge dismissed a United States Securities and Exchange Commission’s (SEC) lawsuit alleging that Hex founder Richard Heart raised over $1 billion through unregistered crypto offerings and defrauded investors of more than $12 million. Heart, whose real name is Richard Schueler, was a…
DUBAI, United Arab Emirates, Feb. 28, 2025 (GLOBE NEWSWIRE) — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, has announced significant progress in restoring assets and rebuilding trust following a recent security incident. Demonstrating its commitment to transparency …
The US Securities and Exchange Commission, under former chair Gary Gensler, used settlements to pressure founders of decentralized finance platforms from ever working in the industry again, according to venture capital firm Founders Fund partner Joey Krug.“The thing people don’t really know about is…
SAN FRANCISCO, Feb. 27, 2025 (GLOBE NEWSWIRE) — Gala is advancing blockchain interoperability with the launch of the Solana Bridge for GalaChain, enabling seamless asset transfers between GalaChain and Solana. As one of the fastest and most widely adopted blockchain networks, Solana’s integration …
Funds exploited from the crypto industry have exploded in February, with $1.53 billion in losses across 9 hacking incidents — a 20x increase month-over-month — according to the latest report from web3 bug bounty and security services platform Immunefi.The figures also represent an 18x increase on Fe…
Decentralized finance (DeFi) has evolved rapidly, but one major financial component remains largely absent: fixed income. In the latest episode of Hashing It Out, host Elisha Owusu Akyaw speaks with Brandon Goh, co-founder and CEO of Treehouse, about why fixed income is essential for DeFi’s long-ter…
Brazil’s securities regulator has approved the country’s first spot XRP exchange-traded fund, which comes as the asset rose 8% over the past 24 hours. The Hashdex Nasdaq XRP Index Fund has been green-lit for trading in Brazil after being approved by the country’s securities regulator, the Comissão d…
Blockaid, an onchain security platform, announced that it has raised $50 million in Series B funding led by Ribbit Capital, with participation from GV, formerly known as Google Ventures, Variant and Cyberstarts.According to a Feb. 18 announcement, the funding will be applied to research, product, en…
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.Happy Tuesday! As the fallout from the Libra token debacle continues, are this cycle's speculators finally done with memecoins — and could it spark a flight to quality amid bitcoin's "letha…
UniLend Finance will participate in Consensus Hong Kong in Hong Kong on February 18th-20th. Refer to the official tweet by UFT: ä½ å¥½é¦™æ¸¯ 🇭🇰🛫Meet us at , one of the biggest crypto event in town!🤝 Connect with our Marketing & Ops Lead, to chat and unlock fresh synergies in web3 space.🗓ï¸ Feb 18 …
My Neighbor Alice will host an AMA on X on February 19th at 11:30 UTC. Refer to the official tweet by ALICE: Neighbors, it’s time to unwind and connect! 🌸This Wednesday, the Alice & Chill vibes are back, bringing the perfect midweek escape to Lummelunda. 🎙ï¸Join us on Wednesday 19th, at 6:30 AM …
Opinion by: Cheng Wang, chief financial officer of Overclock LabsThere is a significantly important barrier to mainstream adoption often being overlooked: a lack of clarity of use and self-imposed complexity problems. Clinging to jargon and technical obfuscation leads to missed opportunities to onbo…