Industry

Over the past few weeks, a group of scammers has hijacked more than eight Twitter accounts belonging to well-known figures in the crypto space to promote phishing scams.

The US Securities and Exchange Commission (SEC) is seeking “alternative services” from the US District Court in Washington, DC, to issue a legal subpoena to the CEO of cryptocurrency exchange Binance, Changpeng Zhao.

The custodian bank took a step forward in its legal battle with the Fed as a federal judge in Wyoming rejected motions to fire both the central bank and the Kansas City Fed.

The us house of reprerentatives Financial Services CommittehaS Released the Third DRAFT of the Stablecoin Bill Presented by ITS Chairman, RepreSentative Patric. K McHenry.

Decentralized wireless (DeWi) network operator World Mobile said on June 8 that it has completed field tests of its DeWi technology in Kenya, Mozambique and Nigeria, bringing it closer to a full rollout on the continent.

Decentralized finance (DeFi) lending platform Defactor Labs said on June 6 that it tokenized $100 million worth of alpha bonds using the ERC-3643 token standard.

On June 5, Ethereum blockchain game developer Illuvium announced a partnership with video game and consumer goods retailer GameStop to launch a series of 20,000 non-fungible tokens (NFTs) starting June 12.

GameStop has fired its CEO, Matt Furlong, the executive responsible for pushing the company's move into non-fungible tokens (NFTs).

A US judge recently dismissed a lawsuit against decentralized finance (DeFi) platform PoolTogether. According to the ruling, the federal court system is not the right place to express concerns about DeFi startups.

Non-fungible token (NFT) platform Enjin has announced its transition to a new mainnet called the Enjin Blockchain, aimed at furthering Web3 adoption. Following the transition, its Polkadot parachain called Efinity forked to the new blockchain.

On June 8, Web3-native game publisher HyperPlay said it closed a Series A funding round after raising $12 million from investors, including co-leads Griffin Gaming Partners and Bitkraft Ventures.

Subsocial network-based chat app Grill.chat has now implemented Ethereum Virtual Machine (EVM) wallet compatibility, allowing users to chat using their Ethereum identities and send cryptocurrencies to each other via Polygon, according to a June 7 announcement.

Global financial services firm JPMorgan continues to explore the benefits of blockchain, deploying the technology to remove some of the constraints of traditional finance.

The latest SEC complaint against Binance may point to why former Binance.US CEO Brian Brooks chose to step down in August 2021, just three months after his appointment.

Former NFL team owner Reginald Fowler sentenced to 6 years in prison for being a “shadow bank” for the cryptocurrency industry, which involved more than $700 million

Apple's new mixed reality headset, the Apple Vision Pro, has attracted both tech enthusiasts' attention and attention after it was unveiled at WWDC on June 5.

Major US options exchange Cboe Digital has applied to offer margin futures contracts on bitcoin (BTC) and ether (ETH), and has received approval from US commodity regulators.

Cryptocurrency exchange Kraken said it investigated issues with several crypto funding gateways, including major avenues such as Bitcoin, Ether and ERC-20, which caused operational delays.

The US Securities and Exchange Commission's (SEC) lawsuit against Binance accusing the cryptocurrency exchange of violating various securities laws has had a direct impact on the cryptocurrency market and the exchange's balance sheet.

Venture capital firm Sequoia Capital has announced an impending spinoff that will see the company split into three different partners serving the US, China and Asia markets.