US DOJ Charges Five Hackers in $6.3M Crypto Hack, Corporate Data Breaches
US DOJ charges five for a $6.3M crypto hacking scheme that used phishing to target tech and crypto firms. If convicted, they may face up to 20 years. The U.S. Department of Justice (DOJ) has charged five individuals in connection with a crypto hacking operation that allegedly stole $6.3 million in cryptocurrency and accessed sensitive corporate data. […]
Digital Currency Group Announces Subsidiary to Boost Bittensor Development
Bittensor development is currently in the spotlight after Digital Currency Group (DCG) names Yuma Group as its new subsidiary. Crypto venture capital firm Digital Currency Group (DCG) has announced its efforts to support the development of Bittensor (TAO), a decentralized Artificial Intelligence (AI) protocol, through its newly launched subsidiary, Yuma Group. Yuma will join DCG’s […]
SEC Provides Reparations to BitClave ICO Investors
The payment is part of a settlement BitClave agreed to pay in 2020 after the SEC sued the search engine for failing to register as a securities offering. The U.S. Securities and Exchange Commission (SEC) announced on Nov. 20 that it has sent $4.6 million in reparations to investors affected by BitClave’s unregistered initial coin […]
Coin Center Lawyers Say Tornado Cash is Not Property
Coin Center is appealing a previous ruling by the United States district court for Northern Florida, which determined that Tornado Cash generates indirect advantages for foreign entities and individuals that qualify as a financial interest subject to sanctions from the Office of Foreign Assets Control (OFAC). Jeffrey S. Hetzel, the legal counsel for Coin Center, […]
Cardano Founder Backs Coinbase’s Brian Armstrong for White House Crypto Role
Cardano founder Charles Hoskinson has endorsed Coinbase CEO Brian Armstrong for the White House crypto position in Trump’s administration. Cardano founder Charles Hoskinson has publicly endorsed Coinbase CEO Brian Armstrong for a potential crypto advisory role in the White House under President Donald Trump. Hoskinson shared his support via a post on X, outlining why […]