Friday, April 19, 2024
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ConsenSys exec on MetaMask Snaps security: ‘Consent is king’

As malicious actors continue their attempts to steal users’ crypto assets, wallet provider MetaMask has developed a way to give users more insights into the transactions and interactions within the application. In an interview with Cryptox, Francesco Andreoli, developer community head at ConsenSys, spoke about ensuring that the recently released MetaMask

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US Requests Bahamas Consent to Continue FTX Bankman-Fried Post-extradition Charges

The Bahamas government’s response will determine whether to go on with or drop some of the cases. Sam Bankman-Fried was apprehended last year in the Bahamas and subsequently transferred to the United States. The allegations against him involve multiple charges relating to financial fraud and the collapse of FTX. Bankman-Fried is

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Aussie billionaire sues Facebook over crypto scams with AG’s consent

Australian billionaire Andrew “Twiggy” Forrest is taking Facebook to court over scammy cryptocurrency ads that he alleges used his name to defraud victims.The Fortescue Metals chairman is accusing Facebook of breaching Australia’s money-laundering laws, claiming that it “knowingly profits from this cycle of illegal ads” that it failed to remove.

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American CryptoFed DAO seeks US SEC consent for stable utility tokens

American CryptoFed DAO, a Wyoming-based decentralized autonomous organization, has filed two forms with the United States Securities and Exchange Commission, or SEC, to launch two variants of inter-dependent stablecoins named Locke and Ducat.According to CryptoFed’s Form 10 submission, the tokens are awaiting their registration as utility tokens hosted on the

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NYAG shuts down Coinseed for converting customer funds into DOGE without consent

The New York Attorney General (NYAG) has won a victory against crypto exchange Coinseed for its dodgy dealings with Dogecoin and defrauding its customers. On Sept. 13 NYAG Letitia James ordered Coinseed Inc. to permanently halt operations and pay $3 million in fines after it had been accused of freezing withdrawals

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