Solana-based decentralized exchange Mango Markets could soon be shelling out another $500,000 in fines — this time to settle allegations brought by the Commodity Futures Trading Commission. In a Sept. 22 proposal from Mango Markets’ legal representatives to the Mango DAO, the lawyers noted an “ongoing and nonpublic” investigation from the CFTC. They suggested fronting up half […]
Security News
Kamala Harris finally breaks silence on crypto: Report
Kamala Harris made her first public statement amid her campaign for the United States presidency — vowing to encourage investment in artificial intelligence and digital assets during a Wall Street fundraiser. “We will partner together to invest in America’s competitiveness, to invest in America’s future. We will encourage innovative technologies like AI and digital assets […]
Samourai Wallet forked into ‘Ashigaru’ Open Source Project
On Sept. 20, a mysterious group of developers announced they performed a hard fork of the Samourai Wallet code and released the first version of a mobile wallet building upon the Samourai team’s work under the new “Ashigaru Open Source Project.” The project’s website states that Ashigaru “develops, releases, and maintains free and open-source software” and promises […]
African economies show high potential for digital asset adoption
A number of emerging economies across Africa have the potential to become digital asset hubs. Simultaneously, the cost of compliance for crypto exchanges is increasing as regulatory clarity emerges, according to Ben Caselin, chief marketing officer of VALR, a crypto exchange based in Johannesburg, South Africa. “South Africa is the entryway to the rest of […]
US judge slaps $36M fine on man for 5-year crypto investor fraud
A federal court judge has fined a New York resident $36 million for allegedly swindling crypto investors by promising high returns and using the funds to support his lavish lifestyle. According to a Sept. 20 statement published by the Commodity Futures Trading Commission (CFTC), US district court judge Vince Chhabria ordered William Koo Ichioka “to pay $31 […]
Three-Mile Island nuclear site reopening to power AI
Microsoft has signed a deal with the Constellation Energy Corporation — the owner of the Three-Mile Island nuclear site — to reopen the Pennsylvania facility and provide the tech company with clean energy for its artificial intelligence operations. The 20-year deal between Microsoft and Constellation will see the restoration of the Three-Mile Island Unit 1 […]
Coinbase’s cbBTC wrapped Bitcoin coming to Solana — Breakpoint 2024
7 Coinbase’s country director for Singapore, Hassan Ahmed, recently announced plans to bring Coinbase’s new “cbBTC” — a wrapped Bitcoin asset — to the Solana network at the Breakpoint 2024 event. No date was specified for the launch of the Bitcoin token during the announcement. Ahmed told the audience: “We recently launched cbBTC on base, […]
Nayib Bukele meets Elon Musk at Tesla to discuss AI, future of humanity
Salvadoran President Nayib Bukele visited Tesla headquarters to meet Elon Musk and discuss, among other topics, the role of next-generation technologies, such as artificial intelligence, in shaping humanity’s future. On Sept. 21, Bukele posted a video on X showcasing his visit to Tesla’s gigafactory in Austin, Texas, where he met with Musk. In the brief […]
Powerledger integrates with Solana mainnet ecosystem
Australian energy tech company Powerledger has announced its expansion into the Solana ecosystem, claiming it shares common values with the blockchain network amid wider interest in Regenerative Finance (ReFi). “At the heart of both Powerledger and Solana is a shared vision of innovation, sustainability and transparency — values that are becoming increasingly critical as the […]
Crypto firms cannot naively trust engineers with code, warns Exodus CEO
Crypto firms should never carelessly trust their engineers to upload code without an external review first, says JP Richardson, CEO of the self-custodial crypto platform Exodus. He argued that this is essential to stop bad actors, who are becoming more sophisticated in tricking crypto firms into giving them jobs, from uploading malicious code to the […]