Ethereum Holesky Testnet Already Seeing Issues, What’s Wrong This Time?
In a rare lapse in technological expertise, the recently unveiled Ethereum testnet, Holesky, failed to launch after developers discovered flaws in the
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Issues
ABN Amro issues 5M euro digital green bond through Polygon-powered Tokeny
Dutch bank ABN Amro has carried out a digital green bond offering that made use of Polygon’s layer-2 Ethereum scaling technology to raise 5 million euros ($5.3 million).The green bond was issued as an ERC-3643 token through Tokeny, an infrastructure platform that uses Polygon to allow financial institutions to issue
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Singapore issues order against Three Arrows Capital founders
The Monetary Authority of Singapore has issued a nine-year prohibition order against the founders of Three Arrows Capital (3AC). The order was issued against Zhu Su and Kyle Livingston Davies for violating different regulatory laws, such as the Securities and Futures Act 2001 (SFA) and Securities and Futures (Licensing and Conduct
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Singapore Central Bank Issues 9-Year Ban to Three Arrows Capital Founders
The MAS has also banned them from managing, acting as a director, or even being a substantial shareholder of any capital market services business operating in Singapore. In the latest development, the central bank of Singapore has issued nine years of prohibitions to the founders of Three Arrows Capital Kyle Davies
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Binance CEO brushes off negativity, assures firm has ‘no liquidity issues’
Binance co-founder and CEO Changpeng ‘CZ’ Zhao has hosed down recent rumors against his firm, assuring its balance sheet and employee retention remain robust, despite the recent market uncertainty. The Binance boss blamed negative news, rumors, bank runs, lawsuits, the closing of fiat channels, product wind-downs and employee turnovers for
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Analyst Issues A Bitcoin Warning, Calls September A Red Month
In a recent video by renowned cryptocurrency analyst Benjamin Cowen, ominous predictions for Bitcoin performance in September have emerged. Cowen, known for
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Binance reportedly loses APAC region head amid regulatory issues
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied One of Binance’s top executives is reportedly exiting the company following several senior executive departures in recent months. Binance Asia-Pacific (APAC) chief Leon Foong is resigning from the firm, Bloomberg reported on Aug. 31, citing people familiar
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Binance to halt BUSD support due to legal issues
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied On Aug. 30, Binance informed users via its in-app notification about its intended discontinuation of the BUSD stablecoin support in early 2024. Binance intends to cease support for the BUSD stablecoin. The move indicates a shift
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US Copyright Office issues notice of inquiry on artificial intelligence
The United States Copyright Office issued an official request for comments and notice of inquiry on copyright and artificial intelligence (AI) in the Federal Register on Aug. 30. The Copyright Office issued a notice of inquiry in the Federal Register seeking public comment on questions about copyright law and policy issues
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SEC Issues First Enforcement Action Targeting NFTs
Impact Theory, a California-based media company, raked in nearly $30 million selling three tiers of NFT offerings the SEC deemed to be securities, according to a Monday statement from the markets regulator. The NFTs qualify as securities because Impact Theory’s team promised investors would profit off the collectibles, touting their
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