Dylan Meissner, 31, of Westport, has pleaded guilty to fraud in Hartford federal court, the U.S. Department of Justice (DOJ) announced. Meissner, a former Vice President of Finance at a cryptocurrency research firm, admitted to stealing over $ 4 million from his employer. Starting in January 2022, Meissner secured a $ 170,000 loan …
K9 Finance Validator and Token LIVE on Shiba Inu Blockchain
K9 Finance DAO, a pioneering decentralized autonomous organization dedicated to advancing decentralized finance (DeFi) solutions, proudly announces the successful launch of its validator on the Shiba Inu Layer 2 (L2) mainnet. Concurrently, the DAO introduces its KNINE token on the Shibarium blockchain, leveraging the official ShibaSwap platform for liquidity and trading. Integrating K9 Finance DAO’s […]
Lifi Finance Hit by $8 Million Exploit, Warns Users to Avoid Applications
According to reports, the decentralized finance (defi) protocol Lifi Finance experienced an $ 8 million loss due to an exploit. Lifi confirmed the breach on X and advised users to avoid interacting with Lifi-powered applications. Lifi Finance Loses $ 8 Million to Exploit On Tuesday, the onchain security firm Peckshield revealed that Lifi …
Nigeria’s Finance Minister Urges SEC to Tackle Challenges in Regulating Cryptocurrency
The Nigerian Finance Minister, Wale Edun, has urged the newly inaugurated board of the country’s Securities and Exchange Commission (SEC) to address the complexities of regulating cryptocurrencies. He emphasized the need for stringent oversight to maintain market integrity in the capital market. Edun also highlighted the importance of staying informed and adaptable, especially in fast-evolving […]
Digital Chamber Urges SEC to End Attacks on Crypto Industry, Embrace Future of Finance
The Digital Chamber (TDC) has urged the U.S. Securities and Exchange Commission (SEC) to end its attacks on the crypto industry following its enforcement action against Consensys. The chamber argues the SEC’s actions are overreaching and detrimental to financial innovation and inclusion. Digital Chamber Criticizes SEC’s Action The Digital Chamber (TDC) has called on the […]