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GeneralBeginnerThe US Securities and Exchange Commission (SEC) recently clarified that federal securities rules are unlikely to apply to many non-fungible tokens (NFTs), including those that pay royalties to inventors. In a recent speech, Peirce said that just because an NFT includes a feature allowing artists…
#law#nfts#sec
GeneralBeginnerMicrosoft announced that it had successfully stopped the operation of the infamous Lumma Stealer malware. The tech giant revealed in a May 21 blog post that a federal court in Georgia authorized its Digital Crimes Unit to take legal action, resulting in the takedown or suspension of nearly 2,300…
#microsoft
GeneralBeginnerThe Australian Securities and Investment Commission (ASIC) intends to seek permission from the High Court to appeal a recent court decision that favored the fintech business Block Earner. The lower court determined that Block Earner’s crypto-linked fixed-yield product is not classified as a…
#australia#court
AvalancheBeginnerVanEck, a well-known worldwide asset management firm, wants to launch the VanEck Purpose Built Fund in June 2025, focusing on the Avalanche blockchain ecosystem. This private digital assets fund aims to invest in tokenized Web3 projects across sectors such as gaming, financial services, payments,…
#altcoin#crypto#defi
XRP LedgerBeginnerThe U.S. Securities and Exchange Commission (SEC) has once again postponed decisions on key cryptocurrency exchange-traded funds (ETFs), including Bitwise’s proposal to incorporate staking into its Ether ETF and Grayscale’s application for an XRP ETF. Announced on May 20, these delays were…
#crypto#etfs#sec
HederaBeginnerValidation Cloud has launched its Mavrik-1 AI engine on the Hedera network, with the goal of making decentralized finance (DeFi) data more accessible via natural language searches. This deployment addresses the challenge that, despite DeFi comprising over half of on-chain activity, its data…
#ai#defi#web3
BitcoinBeginnerNew York City Mayor Eric Adams has announced the formation of a digital advisory council aimed at positioning the city as the “crypto capital of the globe.” Speaking at the inaugural New York City Crypto Summit on May 20, Adams emphasized that the initiative is not about following fleeting trends…
#crypto#new-york#tokenization
GeneralBeginnerThe U.S. Securities and Exchange Commission (SEC) has accused crypto platform Unicoin and three of its top executives of misleading investors and raising $100 million through false claims. In a statement released on May 20, the SEC announced charges against Unicoin CEO Alex Konanykhin, board…
#law#sec#united-states
BitcoinBeginnerGenesis, the bankrupt crypto lender, has filed two lawsuits against its parent company, Digital Currency Group (DCG), and DCG CEO Barry Silbert. The allegations? Fraud, reckless mismanagement, and siphoning off more than $1 billion in value, much of it, according to the lawsuits, at the expense of…
#crypto#united-states
SolanaBeginnerAnza, a blockchain infrastructure startup spun out of Solana Labs, announced Alpenglow, a breakthrough consensus protocol that aims to greatly improve the Solana network’s speed. Alpenglow introduces two core components: Votor, a new voting and block finalization mechanism, and Rotor, a data…
#pos
BitcoinBeginnerIndonesia’s DigiAsia Corp has announced plans to raise $100 million to initiate its Bitcoin investment strategy. The Jakarta-based fintech firm, listed on Nasdaq, said on May 19 that its board has approved the creation of a Bitcoin treasury reserve, committing up to 50% of its net profits to…
#crypto#indonesian
GeneralBeginnerBinance is once again at the center of a legal storm, seeking to steer a class-action lawsuit into arbitration. The cryptocurrency exchange has petitioned a U.S. federal court to compel all members of a securities class-action suit to resolve their claims through arbitration, citing its updated…
#binance#court#crypto
