Ex-TON Foundation Execs Launch New TON Society Initiative
The TON Society, a corporation committed to advancing decentralization and community participation within The Open Network (TON), has been established by former executives of the TON Foundation. The new entity, which will oversee all TON events and official community channels, will operate as a spin-off from the TON Foundation, as indicated in a press release […]
US FCC Fines Lingo Telecom $1M for Role in Biden Deepfake Scam
The United States Federal Communications Commission (FCC) has imposed a $1 million sanction on Texas-based Lingo Telecom for its involvement in the illegal Biden deepfake scam. The scheme entailed disseminating a robocall containing an artificial intelligence-generated recording of President Joe Biden’s voice to discourage individuals from voting in the New Hampshire primary election in January. […]
NYSE Issues Noncompliance Letter to Crypto Provider SOS
Due to its underperforming stock prices, the New York Stock Exchange (NYSE) has issued a noncompliance letter to SOS Limited, a blockchain-based service solutions provider. The trading price of its American depositary shares (ADSs) has fallen below $1 for a consecutive 30-trading-day period. To avoid suspension and delisting from the NYSE, SOS must restore its […]
Story Protocol Secures $80M in Series B Funding
Story Protocol has recently secured $80M in a Series B funding round co-led by a16z Crypto and Polychain Capital. The development of Story Protocol, a layer-1 blockchain expressly designed for managing intellectual property (IP), is being supported by a $80-million Series B funding round co-led by a16z Crypto and Polychain Capital. PIP Labs, a Palo […]
Wyoming May Launch Stablecoin in Q1 2025 – Governor
Governor Mark Gordon of Wyoming recently addressed the Wyoming Blockchain Symposium, announcing the imminent introduction of a state-issued dollar-pegged stablecoin in 2025. Gordon, the Chairman of the Wyoming Stable Token Commission, has disclosed that the state is presently securing the stablecoin tokens with US Treasury bills and repurchase agreements. It will then contact exchange partners […]