Floki has formally responded to the Hong Kong SFC’s recent warning, reiterating their commitment to compliance across jurisdictions and explaining the rationale behind their staking program’s high returns. Cryptocurrency Project Floki Counters Hong Kong SFC’s Warning In a detailed blog post dated Jan. 29, Floki, the team behind the dog-themed memecoin, addressed the recent warning […]
In a decisive move following a significant security incident, Ledger, a well known crypto hardware wallet manufacturer and security firm, announced a response plan. Approximately $ 600,000 in assets were stolen from users due to an exploit involving blind signing on EVM decentralized applications (dapps). Ledger detailed on Dec. 20, 2023, that it has …
The U.S. Securities and Exchange Commission (SEC) has rejected cryptocurrency exchange Coinbase’s petition for regulatory clarity in the crypto industry. SEC Chairman Gary Gensler backs his agency’s decision to deny Coinbase’s petition. In response, Coinbase has pursued legal action against the securities regulator to challenge this decision. Coinbase Challenging SEC’s Decision in Court The U.S. […]