Alexey Pertsev’s pre-trial detention has been prolonged in another worrying sign for open-source code developers, particularly of privacy-preserving technologies. Pertsev, the developer of the cryptocurrency mixing protocol Tornado Cash, will remain in detention as he awaits his trial, he announced in a Nov. 21 X post: “I am sad to announce that, despite our best efforts, the court […]
Security News
Coin Center warns US policies could scare away crypto investors despite Trump win
Non-profit crypto advocacy group Coin Center has warned that even though a Trump win is a net positive for the crypto industry, entrenched policies could still scare crypto innovators away from the United States. In a Nov. 21 blog post analyzing the landscape of US crypto policy following the 2024 election, Coin Center’s research director Van Valkenburgh […]
CFTC report endorses tokenizing trading collateral
The Commodity Futures Trading Commission (CFTC) has endorsed using blockchain technology to manage trading collateral in United States derivatives markets, according to a Nov. 21 report by the CFTC’s Global Markets Advisory Committee. Blockchain technologies — including distributed ledgers and tokenization — can address longstanding challenges for traditional derivatives exchanges and expand the variety of […]
South Korea’s Delio declared bankrupt with $1.75B in assets lost
South Korean virtual asset deposit platform Delio was declared bankrupt by a court in Seoul on Nov. 22, according to multiple local press reports. Delio, which owes customers 245 billion won ($1.75 billion), halted withdrawals last year. Some hope of making customers whole Delio will begin liquidation proceedings. Customers can make claims through Feb. 21, […]
Potential SEC chair pledges crypto-forward approach after Gensler resignation
Mark Uyeda, a Republican commissioner at the United States Securities and Exchange Commission, has suggested that he would prioritize regulatory clarity for cryptocurrencies if picked and confirmed as the next head of the agency. Speaking to Fox Business on Nov. 22, Uyeda echoed many of President-elect Donald Trump’s talking points on digital assets, saying that […]
Texas taking baby steps toward strategic Bitcoin reserve: Satoshi Action Fund
Strategic Bitcoin reserve legislation is reportedly the subject of preliminary discussions among Texan lawmakers, according to nonprofit advocacy group, the Satoshi Action Fund (SAF). In a Nov. 21 talk at the North American Blockchain Summit in Texas covered by Cointelegraph, CEO of SAF Dennis Porter said the group had spoken with a lawmaker who’s just […]
SEC lawsuits will ‘quietly go away’ after Gensler steps down: Pantera
Many securities lawsuits against crypto companies in the United States will likely “quietly go away” once Securities and Exchange Commission Chair Gary Gensler steps down in January, according to crypto asset manager Pantera. “I think what we’re going to see is some settlements,” said Pantera’s chief legal officer, Katrina Paglia, during a Nov. 21 panel […]
RMIT Blockchain Hub future in doubt amid claims it will ‘shut down’
An Australian university’s blockchain research institute is facing an uncertain future despite a blistering crypto market rally, with one professor claiming on X it has been “shut down.” “The first econ and social science blockchain research center was shut down by RMIT,” Royal Melbourne Institute of Technology (RMIT) Blockchain Innovation Hub member Professor Ellie Rennie […]
Apple rushes out patch fixing zero-day attacks on macOS systems
Tech giant Apple has released a patch for two zero-day vulnerabilities that hackers have used to exploit Intel-based Mac computers. According to the Nov. 19 advisory from Apple, both vulnerabilities have been “actively exploited” and involve “processing maliciously crafted web content.” The vulnerabilities even caught the attention of the co-founder and former CEO of Binance, Changpeng “CZ” Zhao, […]
Bitwise registers Solana ETF in US state Delaware
Digital asset management firm Bitwise has registered a statutory trust for a proposed spot Solana exchange-traded fund (ETF) in Delaware — indicating that it may soon file for an S-1 registration statement with the United States securities regulator. The Bitwise Solana SOL$234.16 ETF was incorporated on Nov. 20, according to the State of Delaware’s Division of Corporations website. The […]