This report will provide some essential and quick news about the cryptocurrencies happening worldwide.
1) Vitalik Buterin Calls Crypto Legislation ‘Anarcho-Tyranny’
According to the co-founder of Ethereum, we would all be better off with either anarchy or tyranny, but not both. Vitalik Buterin, the outspoken co-founder of Ethereum, recently expressed his frustration with the current state of cryptocurrency regulation and proposed a viable solution…[continue reading]
2) SEC Charges MetaMask $250M For Unregistered Brokering
The Securities and Exchange Commission has recently filed a lawsuit against ConsenSys, the software company responsible for the popular MetaMask wallet. The lawsuit alleges that the firm violated securities laws by offering unregistered securities through its staking programs, MetaMask swaps service, and operating as an unregistered broker…[continue reading]
3) A U.S. Judge Drops Secondary Sales Charges In Binance’s SEC Case
A federal judge dismissed a portion of the U.S. Securities and Exchange Commission’s (SEC) lawsuit against crypto exchange Binance and its founder, Changpeng Zhao. However, the judge permitted the prosecution of other charges, including those against the holding company for Binance.US…[continue reading]
4) Kraken’s Jesse Powell Contributes $1 Million In Cryptocurrency To The Trump Campaign
Jesse Powell, the co-founder of Kraken, has pledged $1 million in Ether to support Trump, thereby backing pro-crypto policies in opposition to regulatory crackdowns. Jesse Powell, the co-founder of Kraken, has disclosed on X that he has contributed $1 million, primarily in Ether, to Donald Trump’s 2024 presidential campaign…[continue reading]
5) Phantom Wallet On IOS AppStore Steals Funds
According to reports, a Phantom wallet app that is fraudulently available on the Apple Store is capable of draining assets upon account recovery using a private key. Phantom Wallet and Solana users have been informed of the fraudulent application that imitates the legitimate Phantom Wallet…[continue reading]
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