Richard Heart Faces SEC Lawsuit Alleging Unregistered Token Offerings and Misuse of Investor Funds — The United States Securities and Exchange Commission (SEC) has taken legal action against Richard Schueler, also known as Richard Heart in the crypto community, accusing him of conducting unregistered offerings of three tokens. The SEC alleges that Heart raised over $1 billion through the unregistered sale of crypto asset…

Sam Altman, CEO of OpenAI, finally launched his Worldcoin token which was welcomed with well over 2million sign-ups. Despite a number of delays, it was announced last week that Sam Altmans Worldcoin was launching it’s $WLD token. …

Former FTX CEO, Sam Bankman-Fried, has been relieved of one legal burden as US federal prosecutors recently dropped the campaign finance charges against him. — The charges in question pertained to potential violations in relation to Federal Election campaigns, but now, Bankman-Fried will no longer have to face them in court.

Britain’s Financial Services Minister, Andrew Griffith, stated that treating cryptoassets as gambling would be contrary to global and EU regulations and would not effectively address the risks associated with the sector. \ The Treasury Select Committee suggested regulating certain cryptocurrencies as gambling due to the potential harm to consumers, but…

Uniswap, the world’s largest decentralized cryptocurrency exchange, has launched UniswapX, a groundbreaking blockchain protocol. — UniswapX aims to enhance on-chain trading and self-custody swapping, offering improved user experiences and addressing existing challenges in the decentralized finance (DeFi) landscape. Unleashing the Power of UniswapX🦄 : UniswapX introduces key features to revolutionize decentralized trading. By aggregating liquidity sources, it ensures better prices for traders.

In a 3-year-long lawsuit, last week we FINALLY saw a conclusion. Who would’ve thought the $XRP case would be resolved on a random Thursday? Reports surfaced last Thursday as Ripple Labs secured a victory not just for themselves but for the whole industry as Judge Analisa Torres ruled in favor…

Ripple Labs, the blockchain technology company, achieved a significant legal victory on July 13th in a case filed by the Securities and Exchange Commission (SEC) back in 2020. — The ruling by Judge Analisa Torres in the United States District Court in the Southern District of New York favored Ripple Labs, stating that the XRP token is not a security.

Rodeo Finance, a decentralized finance (DeFi) platform, recently fell victim to a sophisticated attack known as an oracle manipulation. — The attacker managed to abscond with approximately 810 ether, equivalent to $1.5 million, on the Arbitrum network, marking the latest incident in a string of exploits targeting the DeFi space. According to PeckSheild's findings, the attacker swiftly transferred the illicitly obtained funds from Arbitrum to Ethereum. Subsequently, the stolen…

All the current conversations in the industry are around NFTs and their utility. PFP NFTs have come under immense pressure following the Azuki Elementals launch and the data supports it. It was reported that NFT transactions have printed all-time lows with major collections continuing to decline. Bluechip NFTs were always…