The Cardano blockchain split into two chains due to a malformed delegated transaction triggering a software bug. The transaction was validated on the newer version of the node, but the older version of the software rejected it, causing the network to fork. The "toxic" transaction exploited a vulnerability in the underlying software repository to split the network into "poisoned" chains containing the transaction and "healthy" chains that did not, Cardano's eco-governance group Intersect said in ...
Paul Atkins, chairperson of the Securities Exchange Commission, said the agency would soon consider developing a formal "token taxonomy" based on long-standing analysis of Howie investment contract securities. The Howie test stems from a 1946 case in which people bought an orange orchard in Florida in the hope of profiting from the work of the grower. It defines securities as financial investments in a common cause and profits from the work of others.
Palestinian sources: Hamas firmly refuses to hand over the area to the International Transitional Council.
Domestic news: 1. The Central Commission for Discipline Inspection issued a notice requiring a quick investigation and strict punishment of the problem of top wind discipline violations. 2. Scientists in our country have made important research progress in the field of polymer electrolytes for solid-state batteries. 3. Special report on the 10th anniversary of the SDGs released: 60% of China's indicators have approached or achieved the 2030 target. 4. The Office of the State Council Safety Commi...
US FTC (FTC): Amazon (AMZN. O) will pay $2.50 billion in fines and consumer compensation for the Prime case. Of that, $1 billion is for fines and $1.50 billion is for user refunds.
On September 23rd, Harry Jung, deputy director of the US President's Digital Asset Advisory Committee, and Patrick Witt, executive director, shared the core goals of the committee's work at the KBW 2025 summit in South Korea: to accelerate the passage of the Digital Asset Act, build a strategic bitcoin reserve, provide clear crypto tax guidance through the Internal Revenue Service and the Treasury Department, and protect the rights and interests of technology developers. The two said that in the...
India's handling of cryptocurrencies has exposed a widening rift between its two largest financial regulators: the Securities and Exchange Board of India (SEBI) and the Reserve Bank of India (RBI). The SEBI has expressed a willingness to regulate some aspects of crypto trading, while the RBI is adamantly opposed to legalizing digital assets on the grounds that they could pose a risk to financial stability. The divergence in their positions highlights India's still unclear and uncertain attitude ...
According to Cointelegraph, the Securities Exchange Commission (SEC) has established a task force to combat cross-border fraud.
U.S. senators have unveiled the latest draft of a major crypto market structure bill that calls on the Securities Exchange Commission (SEC) and the U.S. Commodity Futures Trading Commission (CFTC) to form a joint advisory committee on digital assets, bringing together regulators who sometimes treat crypto assets differently. Although the advisory committee provides only non-binding recommendations, each committee must issue a public statement explaining its decision whether to take action each t...
Swedbank said the Securities Exchange Commission had terminated its investigation of the bank and had not taken any enforcement action. "With this announcement from the Securities Exchange Commission, we bring to a close another investigation into historical issues," Swedbank deputy chief executive Thomas Hedberg said in a statement. The investigation, which is understood to have been launched in 2019, concerns past disclosures by Swedbank. The statement also pointed out that the United States.....