Search Results for: Technical

SEC Brands Terraform Labs a "House of Cards" as Civil Trial Commences

The United States Securities and Exchange Commission (SEC) has launched a scathing indictment against Terraform Labs PTE Ltd., accusing the blockchain company of creating what an SEC attorney called a “fraudulent empire.” The civil trial, which commenced this year, follows a lawsuit filed by the SEC in February 2023. The legal action comes after the … Continue reading SEC Brands Terraform Labs a "House of Cards" as Civil Trial Commences

Fantom (FTM) Foundation CEO Reveals Exciting Plans for Sonic's Launch and Future Development

Michael Kong, CEO of Fantom Foundation, has revealed the exciting launch plans and future development of Sonic, a revolutionary blockchain technology. Kong highlighted the significant advancements made since the debut of the Opera network in 2019, which laid the groundwork for Sonic’s creation. The Opera network, based on concepts studied by Andre Cronje, offered improved … Continue reading Fantom (FTM) Foundation CEO Reveals Exciting Plans for Sonic's Launch and Future Development

BIS and Global Central Banks to Explore Asset Tokenization in "Project Agora"

The Bank for International Settlements (BIS) has announced a collaborative initiative with several central banks from various countries, including France, Japan, South Korea, Mexico, Switzerland, the UK, and the US Federal Reserve Banks, to explore the potential benefits and implications of asset tokenization within the global monetary system. The initiative, dubbed “Project Agora,” aims to … Continue reading BIS and Global Central Banks to Explore Asset Tokenization in "Project Agora"

Binance to Support BNB Beacon Chain and BNB Smart Chain Network Upgrades and Hard Forks

Binance, a trusted platform for digital asset trading, has confirmed its commitment to ensuring the best user experience by supporting the network upgrades and hard forks of the BNB Beacon Chain (BEP2) and BNB Smart Chain (BEP20). The aim is to enhance the functionality and stability of these chains. To facilitate the wallet maintenance required … Continue reading Binance to Support BNB Beacon Chain and BNB Smart Chain Network Upgrades and Hard Forks

HashKey Group Announces HashKey Chain

HashKey Group, a prominent player in Asia’s digital asset financial services sector, has unveiled its latest venture in the burgeoning Web3 landscape – the HashKey Chain, according to press release shared with Blockchain.News. This Ethereum Layer-2 network was announced at the 2024 Hong Kong Web3 Festival, marking a significant expansion of HashKey’s Web3 Ecosystem. HashKey … Continue reading HashKey Group Announces HashKey Chain

BitMEX Co-Founder Ben Delo Faces Class-Action Lawsuit Over Alleged Market Manipulation

BitMEX co-founder Ben Delo, a British citizen, is set to face a class-action lawsuit from users after U.S. District Court Judge Andrew Carter determined that he played a central role in an alleged price manipulation scheme on the cryptocurrency exchange. The ruling came after Delo had asked to dismiss the suit, but Judge Carter concluded … Continue reading BitMEX Co-Founder Ben Delo Faces Class-Action Lawsuit Over Alleged Market Manipulation

Chinese Police Investigate STFIL Team Members in Filecoin (FIL) Liquid Staking Protocol

Chinese police have launched an investigation into the core technical team members of STFIL, a prominent Filecoin (FIL) liquid staking protocol. The reasons for the investigation have not been disclosed, but STFIL has confirmed the situation and has engaged legal representation to manage the case and provide support to the individuals implicated. During the investigation … Continue reading Chinese Police Investigate STFIL Team Members in Filecoin (FIL) Liquid Staking Protocol

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