SEC Fines NYSE Parent $10M for Cyberattack Non-Reporting
The SEC fined Intercontinental Exchange $10M for not promptly reporting an April 2021 cyberattack affecting its corporate network. The United States Securities and Exchange Commission (SEC) announced that the Intercontinental Exchange (ICE) will forfeit $10 million for neglecting to notify authorities of a cyber attack. Malicious code was installed onto a VPN device to gain […]
BlackRock Updates Spot Ethereum ETF Filing with SEC
BlackRock updates its Spot Ethereum ETF application with the SEC, signaling potential approval. The largest asset manager in the world, BlackRock, has amended its 19b-4 form and submitted it to the US Securities and Exchange Commission (SEC) for its Spot Ethereum ETF application. This update indicates a possible move in the direction of approval and […]
Ethereum Staking Surpasses $121B
Ethereum’s price surge is driven by increased ETF approval odds and a staking-induced supply crunch, potentially pushing ETH towards $4,000. Due to the increased likelihood that ETH ETFs will be approved, Ethereum (ETH) has experienced an incredible rise recently. Moreover, because a sizable portion of the Ethereum reserve was kept for staking, indications of a […]
Stripchain Secures $10M to Simplify Blockchain UX
Improving UX to enable seamless on-chain transactions across networks is crucial for crypto adoption, and startups are addressing this challenge. In the crypto sector, user experience (UX) remains a major hurdle, preventing adoption among various generations. A useful UX boost for many cryptocurrency users would be the ability to conduct on-chain transactions without having to […]
Yuga Labs Halts CryptoPunks Project Amid ‘Woke’ Community Backlash
Yuga Labs CEO Greg Solano announced that the CryptoPunks project would be halted due to backlash over the new Super Punk World initiative. According to CEO Greg Solano, the nonfungible token (NFT) company Yuga Labs will “no longer touch” the CryptoPunks project in response to community opposition to its new Super Punk World initiative. The […]