-
Worldcoin Addresses Critical Vulnerability: Ensuring Security and Integrity

Blockchain security company CertiK shed light on a serious flaw within the Worldcoin system, raising concerns about its security and integrity. The vulnerability had the potential to compromise the system’s operations by granting Orb operators unrestricted access, thereby exposing collected …
-
Quantstamp Settles with SEC Over Violation of Securities Laws

The United States Securities and Exchange Commission (SEC) reached a settlement with crypto firm Quantstamp following charges of securities law violations. Quantstamp agreed to settle with the SEC without admitting or denying the charges. Back in October-November 2017, Quantstamp conducted …
-
Coinbase CEO Addresses Rumors of Exiting US Market in Definitive Statement

In a resolute statement, Brian Armstrong, the CEO of Coinbase, has reaffirmed the exchange’s unwavering commitment to the United States market. Contrary to recent rumors, Armstrong made it clear that Coinbase will not be relocating to a more crypto-friendly country …
-
Block Inc’s Stellar Performance Driven by Bitcoin Revenue and Cash App Growth

Block Inc, the payments startup led by Twitter founder Jack Dorsey, has enjoyed remarkable success in the second quarter of 2023. With exceptional earnings of $5.5 billion in revenue, Block Inc has demonstrated its resilience and adaptability in the ever-evolving …
-
Genesis Global’s Mediation Journey Nears Its Climax: A Race Against Time

Genesis Global Holdco LLC’s ongoing bankruptcy mediation has become a subject of interest. With the latest development revealing an impending end to the mediation process, the fate of this bankrupt crypto lender hangs in the balance. After months of extensive …
-
BlockFi Receives Conditional Approval for Bankruptcy Plan, Offering Relief to Creditors

BlockFi, a renowned cryptocurrency lender, has recently announced that its bankruptcy plan has received conditional approval from a US court. This milestone paves the way for the implementation of the plan, which aims to retrieve funds from defunct companies such …

