Thursday, March 28, 2024
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Failed ‘$175M’ real estate token raise draws ire of Texas regulators

The Texas State Securities Board has accused a network of companies under the "GS" brand and operating from Germany of fraudulent activities "tied to digital assets, investments in a staking pool in a proprietary metaverse." The network of companies is controlled by Josip Dortmund Heit.As described by regulators on November

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Airdrop Ethics: VC Firm Draws Ire Following $2.5M Ribbon Finance Exploit

On Friday afternoon, decentralized finance (DeFi) users discovered a researcher for Divergence Ventures, a crypto venture firm, was receiving hundreds of ETH from wallets selling recently airdropped RBN tokens – a sign of an airdrop exploit to which Divergence later admitted.The episode presents the largely unregulated, permissionless DeFi community with

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Ethereum Network Draws Developer Ire After Scheduling New Year’s Day Upgrade

The organization behind ether, the world's second-largest cryptocurrency, is drawing criticism from developers after scheduling an upgrade on New Year's Day - a work holiday in most countries. The Ethereum Foundation on Monday announced the plan to implement the "Muir Glacier" upgrade on Jan. 1. The upgrade will take place

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