SEC crypto enforcement hits $4.7B this year, rising 3,000% from 2023
The SEC is having a record crypto enforcement year, bolstered by a $4.47 billion settlement with Terraform Labs and former CEO Do Kwon. Go to Source
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Computer Scientist: Users Will Value Decentralized Systems More as Web3 Tech Matures
The general public is not actively concerned about whether applications are decentralized because they often cannot tell the difference between centralized and decentralized systems, according to Cais Manai, co-founder of Obscuro Labs. What matters more to them, Manai argues, is how decentralization can address real-world issues. Users Set to Value Decentralized Systems More As an … Read more
OpenSea receives SEC Wells notice, monthly NFT sales fall below $400M: Nifty Newsletter
OpenSea CEO Devin Finzer said that the NFT marketplace received a Wells notice from the SEC, suggesting potential enforcement action from the agency. Go to Source
Crypto liquidations may be way worse than data has let on, suggest researchers
“Liquidation data from exchanges are bogus and a vast underrepresentation of actual liquidation volumes in the market,” according to K33 Research. Go to Source
Web3 CEO outlines Bitcoin’s role in AI data provenance
Since the advent of artificial intelligence, deep fake images, sophisticated phishing attacks, and fake news reports have multiplied. Go to Source
Deciding who owns your ‘digital twin’ will make or break the metaverse
Research indicates we’ll need to develop a secure, biometrically verified digital twin in order for the metaverse to work. Go to Source
EU watchdog sues Elon Musk’s X over alleged AI data violations
As recently as July 25, the DPC seemed to believe the matter would be resolved without court actions. Go to Source
EU MiCA implementation is a “pivotal moment” for crypto regulations: compliance expert
The European Central Bank recently joined forces with Crystal Intelligence, as its blockchain analytics partner for the upcoming MiCA implementation. Go to Source
Bots suspected of pushing Solana over Ethereum — Research
Solana overtakes Ethereum on numerous metrics, but research finds its performance to be inorganic. Go to Source
Monad’s $225M funding: Optimistic parallelization and MonadBFT insights
Monad Labs raised $225 million, led by Paradigm, pushing forward the discussion on parallelized EVM chains. Go to Source
