Friday, September 30, 2022
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Many NFT projects lack adequate smart contract testing, says nameless founder

Jimmy McNelis, the founder of Web3 tech firm nameless, says there are too many NFT projects rushing to market without proper smart contract testing — potentially leading to millions lost. Speaking with Cryptox, McNelis suggested that a lot of NFT projects often rush to market without fully simulating how its

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SEC Willing To Approve a Spot Bitcoin ETF if Adequate Surveillance Measures Are in Place

The United States Securities and Exchange Commission seems willing to approve a spot ETF if adequate surveillance measures are in place.A footnote in a recent letter said as much, saying that it would overcome concerns about investor protection.The SEC is stubborn in its demands for investor protection and wants more

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Half of assessed jurisdictions don’t have ‘adequate laws and regulatory structures’ — FATF

The Financial Action Task Force, or FATF, reported that many countries, including those with virtual asset service providers (VASPs), are not in compliance with its standards on Combating the Financing of Terrorism (CFT) and Anti-Money Laundering (AML).In a report released Tuesday on the "State of Effectiveness and Compliance with the

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