A class-action suit filed last week in federal court in California accuses major individuals in the Solana ecosystem of illegally benefitting off SOL, which the suit claims are unregistered security. “The cornerstone of the value of SOL securities is...
Blockchain technology is being used by more and more governments in projects that require decentralization and transparency. The main technological organization in Colombia, the Ministry of Information Technologies and Communications, has released a roadmap that outlines how blockchain should...
The CEO of Binance, Changpeng Zhao, popularly known as CZ, has disclosed that he believes in staying clear of the deals that FTX is getting involved in, at the moment. FTX's CEO, Sam Bankman-Fried has actively been involved in...
Boring Company intends to Accept Dogecoin as payment to use its Las Vegas transit system, Loop. Elon Musk, the founder, confirmed this by commenting on a tweet written by a Dogecoin-focused Twitter account that made the announcement. In his...
Kris Marszalek, the CEO of Crypto.com believes that the exchange will continue to grow, not minding the issues that some crypto firms are facing as a result of the bear market and the crash of the Terra network. In...
The UK government is seeking public opinion on how to tax loans and staking for crypto assets in the context of decentralized finance (DeFi). The government is particularly keen on learning more about the taxes on crypto-asset loans and...
Despite warning against cryptocurrencies, the International Monetary Fund (IMF) has pointed out that digital assets could be useful replacements for traditional financial instruments. According to a blog post, some cryptocurrencies and central bank digital currencies (CBDCs) may be more...
According to a Pentagon-commissioned assessment, the blockchain is not decentralized, can be attacked, and uses out-of-date software. According to the report tagged; "Are Blockchains Decentralized, Unintended Centralities in Distributed Ledgers?", a fraction of participants may exert centralized control over...
According to a South China Morning Post report, China's non-fungible token (NFT) business has released a "self-discipline initiative" that guarantees identification checks for users, adherence to the country's cryptocurrency prohibition, and a promise to not develop secondary marketplaces to...
The British Army lost its Twitter and YouTube accounts to hackers that promoted crypto and NFT scams on their pages. As a result of the incident, the United Kingdom Defense Ministry announced to the public that they were aware...
