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Industry Talk

January 19, 2023

2022 crypto-related activities: SEC fines hit $2.6 billion

The US Securities and Exchange Commission (SEC), has announced that it has accrued more than $2.6 billion in fines and penalties; from the cryptocurrency industry throughout 2022. These fines are related to various violations of US financial regulations, including unregistered securities offerings, frauds, misappropriations, market manipulation, and other misconduct. First, the key points: The US […]

Industry Talk

January 15, 2023

The US SEC files lawsuit against Gemini and Genesis

On Thursday, the U.S. Securities and Exchange Commission declared that Genesis Global Capital LLC and Gemini Trust Company LLC. Were unlawfully selling securities to hundreds of thousands of investors through their crypto lending program – a consequential violation of federal regulations. The SEC alleges that the two companies, owned by the Winklevoss twins, Tyler and […]

Industry Talk

January 14, 2023

Crypto.com reduces workforce, cites negative economic conditions

Crypto.com, one of the world’s largest cryptocurrency companies. Has announced that it is reducing its workforce as a result of the negative economic conditions caused by the COVID-19 pandemic. The company has stated that the decision was made, to ensure financial stability and position itself for growth when markets; stabilize and recover. Today, Crypto.com Exchange’s […]

Industry Talk

January 5, 2023

DLCs on The Lightning equals Bitcoin Smart Contracts

DLCs on Lightning Open the Door for Bitcoin Smart Contracts The first successful discrete log contract was completed on the Lightning Network by introducing a new type of transaction while opening a Lightning channel. The first successful discrete log contract was completed on the Lightning Network by introducing a new type of transaction while opening […]

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