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SEC Takes Action Against Crypto Trading Platform Beaxy and Its Executives – Regulation Bitcoin News

The U.S. Securities and Exchange Commission (SEC) has filed charges against crypto trading platform Beaxy and its executives. Additionally, the regulator alleged that the cryptocurrency exchange’s founder raised $8 million in an unregistered crypto token offering and “misappropriated at least $900,000 for personal use, including gambling.” SEC Charges Crypto Exchange Platform

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US CFTC takes legal action against Binance, crypto markets fall

The commodity futures trading commission (CFTC) has initiated legal action against leading cryptocurrency exchange Binance for allegedly violating the Commodity Exchange Act by operating without proper registration and compliance measures. The commodity futures trading commission (CFTC) has recently initiated legal proceedings against Binance, one of the world’s largest cryptocurrency exchanges, over

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TikTok CEO Takes Hot Seat before US Congress to Dispel National Security Threat Allegations

On Thursday, TikTok CEO Shou Zi Chew appeared before US Congress to address several pertinent issues, including user data protection.  Yesterday, TikTok CEO Shou Zi Chew concluded his first public hearing before the US Congress. Chew attempted to dispel legislators’ claims that the Chinese-based social media platform threatens US national security. At the

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White House Takes Aim at Crypto in Scathing Economic Report

"It has been argued that crypto assets may provide other benefits, such as improving payment systems, increasing financial inclusion, and creating mechanisms for the distribution of intellectual property and financial value that bypass intermediaries that extract value from both the provider and recipient. Looking under the hood at these arguments,

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International Operation Takes Down Crypto Mixer Chipmixer — Creator Could Face 40 Years in Prison – Regulation Bitcoin News

An international operation has taken down Chipmixer, a cryptocurrency mixing service that allegedly laundered more than $3 billion worth of cryptocurrency, according to the U.S. Department of Justice (DOJ). The operation involved national authorities in the U.S., Germany, Belgium, Poland, and Switzerland — with Europol’s support. International Operation Takes Down Chipmixer The

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Web3 Security Company Ironblocks Takes Aim at Spate of DeFi Hacks

The funding frenzy and competitive landscape speaks to the growth of the on-chain security landscape. While once only inhabited by tracing companies that retroactively follow the money, it's now buzzing with smart contract auditors, economic risk analysis firms, white hats and monitoring platforms that seek to mitigate the damage. Source

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Gitcoin and Metalabel ‘Vitalik’ NFT Collection Takes Top Spot on Opensea

The mint, executed by blockchain funding company Gitcoin and NFT platform Metalabel, aims to commemorate a 2018 paper about Quadratic Funding, a public fundraising mechanism authored by Ethereum Foundation founder Vitalik Buterin, Harvard economist Zoë Hitzig, and social activism organization RadicalxChange founder Glen Weyl. Original Source

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