The Sui blockchain network quietly fixed a bug that could have put “billions of dollars” at risk, according to a May 16 announcement from Zellic, the security firm hired to audit the network’s security.Loss of Funds Bug in Aptos and SuiQuick spotlight on an unpublished (but fixed) loss-of-funds bug in BillionsBitcoinBlockchainBugCriticalcryptoexchangeExchangesFIxesLibrarelatedputRiskSui Read More
Apple is scheduled to release its highly-anticipated mixed-reality headset in the coming weeks, a development that some believe could breathe fresh life into the metaverse industry.In January, the native tokens of blockchain-based metaverse projects Decentraland (MANA) and Sandbox (SAND) witnessed significant surges in price, due partly to swirling rumors about ApplesHeadsetMetaverseputRocketTokens Read More
While the U.S. Securities and Exchange Commission (SEC) continues to rain enforcement fire onto the crypto industry, Kraken’s chief legal officer, Marco Santori, says a specific legal doctrine could undermine the regulator’s authority.
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The whistleblower turned security consultant also says the internet's basic infrastructure is not suited to privacy.
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At the core of the case are how the concepts of fiduciary duty (the obligation to act in the best interest), the duty of care (the obligation to act without negligence), as well as joint and several liability (a responsibility that is shared by multiple parties), apply to the concept CourtDAOsFoundersLiabilityputTest Read More
Voyager Digital’s $1 billion sale to Binance.US has been temporarily halted by a federal judge after a request by the United States government for an emergency stay.The request for an emergency stay was granted by Judge Jennifer Rearden of the U.S. District Court in New York on March 27, meaning Binance.USBitcoinCourtcryptoexchangeExchangesHoldputSaleVoyagers Read More
The California-based CEO of Titanium Blockchain has been sentenced to four years of prison — putting an end to a 2018 initial coin offering (ICO) saga that stripped investors of $21 million. Michael Stollery, who founded Titanium Blockchain Infrastructure Services (TBIS), was a key figure in a “cryptocurrency fraud scheme” which BarsBlockchainCEOFraudICOputTitaniumYears Read More
A put option that expires at $2 is selling for 76 cents on options marketplace Clober.
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Bitcoin's swift move above a resistance dating back to August 2022 has strengthened the case for a continued rally.
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