Security News

Cardano is now host to the first legally enforceable smart contract on its network, which was signed in and is under the jurisdiction of Argentina’s courts. The contract is a loan agreement between Cardano ambassadors Mauro Andreoli and Lucas Macchia for 10,000 Cardano ADA$0.3398 tokens — worth $3,380 — payable in 4 months at an interest rate […]

Three so-called market makers in the crypto space, along with associated individuals, have been charged by the United States Securities and Exchange Commission (SEC) with fraud and market manipulation in civil suits filed in the District Court of Massachusetts. The Justice Department and Federal Bureau of Investigation (FBI) were also involved in the investigation. The […]

Former FTX Digital Markets co-CEO Ryan Salame, scheduled to report to a federal correctional institution for a seven-and-a-half-year sentence, asked a judge to delay his self-surrender date by roughly two months. In an Oct. 9 filing in the United States District Court for the Southern District of New York, Salame’s lawyers requested he be allowed […]

Brazilian authorities could soon lift the ban on Elon Musk’s social media platform X after the company paid 28.6 million Brazilian reais (approximately $5.5 million) in fines. According to local media reports, on Oct. 7 X cleared the latest requirement on its path to returning online. In late August, Brazil’s Supreme Federal Court suspended X for failing to […]

The government of Palau has launched Palau Invest, a “blockchain-based savings bonds prototype system.” Since the prototype is complete, a public demonstration system has been initiated as well. Japan’s Ministry of Economy, Trade and Industry and the Soramitsu blockchain are supporting the project, which is intended to provide funds for the country’s infrastructure projects. Bond […]

Tradias, the digital assets arm of the German-licensed and regulated Bankhaus Scheich, has received a securities trading bank license from the German Federal Financial Supervisory Authority (BaFin). In addition, Tradias just completed a Series A round of funding. Tradias had leveraged Bankhaus Scheich’s BaFin license previously. Tradias heading out on its own? Tradias hinted broadly […]

United States Bankruptcy Judge John Dorsey has approved a plan for defunct cryptocurrency exchange FTX to wind down its operations as part of efforts to repay users. In an Oct. 7 hearing in the US Bankruptcy Court for the District of Delaware, Judge Dorsey approved FTX’s liquidation plan. The plan will allow the exchange’s debtors […]

Cryptocurrency-friendly neobank Revolut said it has prevented millions of dollars in potential customer losses from fraudulent crypto transfers over the past three months Revolut said on Oct. 7 that it blocked up to $13.5 million worth of “potentially fraudulent crypto transfers” between June 1 and Sept. 1, 2024, according to an announcement sent to Cointelegraph. […]

A European Central Bank (ECB) official has introduced the idea of a “European ledger” — a continental unified ledger. Such a blockchain could bring European digital assets and money together in one place, leading to greater efficiency and synergy. ECB executive board member Piero Cipollone said Europe’s traditional capital markets are fragmented and have unharmonized legislation to […]

Weekly sales volumes of non-fungible tokens (NFTs) have hit the highest level since August after weeks of lagging sales amid a broader market downturn. Data from the NFT market tracker CryptoSlam! shows weekly sales between Sept. 30 and Oct. 6 topped out at over $84.9 million. It’s the highest weekly NFT sales volumes since the week ending Aug. 25, when […]