The hack was allegedly caused by “a missing onlyMigrator check.”

The city notice effectively stops the facility from conducting “any cryptocurrency mining or related operations” until Blockfusion is in compliance with local zoning ordinances.

The Soroban Adoption Fund incentivizes developers to begin building products and tools on the new smart contract platform.

The upgrade is intended to fix the exploit that drained the platform of $100 million.

Similar to its December 2021 rejection of a WisdomTree spot Bitcoin investment vehicle, the SEC cited concerns about fraud and market manipulation.

From reversible transactions to increased regulation and a rising tide of censorship, mass adoption is going to make crypto look more like the systems we’re trying to escape.

The bank will store private keys and provide bookkeeping services equivalent to those offered to fund managers in traditional assets.

Bittrex agreed to pay more than $29 million in a settlement with FinCEN, but the regulator said it will credit a $24-million payment “to settle its potential liability with OFAC.”

There are over 4,000 active DAOs, with treasuries totaling around $20 billion, which has many speculating that DAOs may still be a growing trend.

Josipa Majic explains what she and her partners did to build a crypto company at a time when investors were fleeing the space.