Crypto enthusiast Preston Pysh has scrutinized the recent proposals by the Financial Crimes Enforcement Network (FinCEN) aimed at tracking all cryptocurrency transactions. He contends that these rules are in conflict with several US laws and the Constitution, and they do not align with the traditional scope of bank transfers.
Aerodrome and Velodrome simultaneously announced on social network X that their interfaces had been compromised. Users are currently being cautioned to refrain from using these platforms while investigations are underway.
A recent Reuters article delves into the concerning use of Justin Sun's network in financing terrorist groups.
Spain's National Securities Market Commission (CNMV) has alerted Social Network X to potential violations due to fraudulent cryptocurrency advertisements on the platform.
The Botev Plovdiv football club has embraced the world of digital currency by integrating Bitcoin payments through the Lightning Network. Now, fans can purchase merchandise at the stadium or local fan shops using the leading cryptocurrency.
Founded in 2014, Neo is actively pursuing the creation of a sidechain to bolster compatibility with Ethereum-based dApps, ensuring seamless integration with its N3 network. Neo's founder, Da Hongfei, shared this exciting update during an event in Hong Kong.
Lightning Labs released the alpha version of Taproot Assets mainnet (v0.3), allowing developers to add new assets, including stablecoins, to the Bitcoin network.
The Everscale project team made an announcement about this on the X social network. It's been reported that they are closely collaborating with various exchanges to put a stop to any further leakage of tokens.
Animoca Brands, known for developing the renowned NFT game The Sandbox, has declared a partnership with The Open Network (TON). In this partnership, Animoca has become the foremost validator of the network.
Yves La Rose, the CEO of the EOS Network Foundation, has announced that the company will soon undergo a major restructuring aimed at enhancing the efficiency of various business processes and reducing expenses.
Solana Labs has unveiled an incubator program, aiming to attract startups to leverage its blockchain platform. This initiative is the latest in a series of efforts by Solana to stimulate network growth, complementing other projects like hackathons and an AI accelerator.
Deutsche Bank and SC Ventures have successfully executed the first stablecoin swaps within the Universal Digital Payments Network (UDPN). This platform was established to facilitate transactions using stablecoins and Central Bank Digital Currencies (CBDC).
Previously, we mentioned that the blockchain’s main network had been active since October 10th, with no official announcements from the team.
According to Israeli intelligence agencies, stablecoins such as USDT, USDC, and USDD on the Tron network have emerged as the important conduit for channeling funds to terrorist organizations like Hamas, ISIS, and Hezbollah.
