June, 2023

June, 2023

Crypto Gets Oily: Olive Oil Company Issued Euro Stablecoin Bond on Obligate
French agricultural firm Lamar Olive Oil has successfully issued an on-chain bond on the Switzerland-based DeFi platform Obligate, marking a notable development in business financing models using cryp...

DOGE Questioned as a Security in Musk’s Class-Action Lawsuit
Elon Musk, CEO of Tesla and owner of Twitter, was issued a third amended complaint in his class-action lawsuit, which introduces new allegations centered around DOGE manipulation and insider trading.....

Binance, CZ Sued by SEC; A ‘Calculated Evasion of the Law’
The United States Securities and Exchange Commission (SEC) has filed a lawsuit against Binance, one of the worlds largest cryptocurrency exchanges, and its CEO, Changpeng CZ Zhao, according to an......

Coinbase Sued by SEC; Another Violation of Securities Laws
The United States Securities and Exchange Commission (SEC) has sued major cryptocurrency exchange Coinbase, alleging violations of national securities law, following its announcement of suing Binance ...

SEC Accuses Binance.US, CZ of Billion-Dollar Investor Fund Risk
The U.S. Securities and Exchange Commission (SEC) has extended its legal proceedings against Binance.US after its initial suit against the exchange, claiming that the industrys largest exchange put in...

USDC Introduced on Ethereum’s Layer 2 Scaling Solution Arbitrum
Circle brought its native USDC on Arbitrum, Ethereums leading layer 2 scaling solution, making Arbitrum the ninth blockchain to extend support for USDC, according to Circles official announcement. The...

Mt. Gox Suspects Charged: Russian Nationals Indicted by DOJ
Alexey Bilyuchenko, 43, and Aleksandr Verner, 29, both Russian nationals, have been charged by the U.S. Department of Justice in connection with the 2011 hacking of prominent cryptocurrency exchange M...

SEC Chair Gensler to Be Dethroned in New House Bill
In order to restore sanity inthe U.S Securities and Exchange Commission and remove its current chair, Gary Gensler, Rep. Warren Davidson (OH-08) and House Majority Whip Tom Emmer (MN-06)proposed a......

SEC Emails Reveal: Hinman Wasn’t Only Official Deliberating ETH Security
Recently released email exchanges from 2018 reveal that multiple U.S. Securities and Exchange Commission (SEC) officials were in deliberation over Ethers status as a security. These emails were publis...

Polkadot, Cosmos to Bridge Pseudonymous IDs via peaq, Fetch.ai
Web3 network peaq and AI automation platform Fetch.ai released a multichain Self-Sovereign Machine Identities, which enables cross-chain data exchanges between connected blockchains via autonomous AI ...

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