SEC Allegedly Probes Operators Behind World’s Largest Decentralized Exchange,...
According to a recent report, the U.S. Securities and Exchange Commission (SEC) has allegedly started probing the startup that operates the decentralized exchange (dex) Uniswap. The dex platform Uniswap is the largest dex in terms of trade volume with over $10 billion in crypto tokens swapped in the last seven days. Sources from the report also said SEC enforcement is investigating crypto lending applications as well. Unnamed Sources Familiar With Matter Say SEC Is Investigating Defi Exchange Uniswap A recently published report from the Wall Street Journal’s (WSJ) Dave....
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Uniswap Labs, the developer behind the largest decentralized exchange in the crypto space, Uniswap, is being investigated by the Securities and Exchanges Commission (SEC). Crypto regulation has been gaining much traction lately. A lot of cryptocurrency exchanges have been recently subject to probes in their activities. In a bid to determine if their product offerings are […]
Centralized cryptocurrency exchanges (CEX) operators say they are unfazed by the increasing trading volumes on decentralized exchanges (DEX) because the latter’s liquidity is still too insignificant to cause user mass migration. The majority of CEX operators also insist that it is very unlikely the DEXs’ liquidity would surpass their own liquidity in 2 years’ time. The comments by operators of CEX platforms come at the time when traded volumes on DEX applications are increasing courtesy of the rapidly growing Defi ecosystem. Underlining this growth is Uniswap’s....
Hacktivist collective Anonymous has allegedly breached the systems of one of the largest financial institutions in Russia, Sberbank. The attackers announced on social media they have published thousands of emails, phone numbers, and addresses.
Anonymous Hackers Reportedly Gain Access to Sberbank Database
Decentralized hacking group Anonymous claims to have hacked Sberbank. A Twitter account associated with the collective, @YourAnonOne, announced the attack earlier this week, noting the institution is the largest bank in the Russian Federation and the region of Eastern....
The U. S. Attorney for the Southern District of New York filed charges against two men from Florida for allegedly operating an unlicensed bitcoin exchange. This comes weeks after the state rolled out its BitLicense framework covering the digital currency industry and requiring bitcoin companies to secure licenses for their services and products. The filing indicated that Anthony R. Murgio and Yuri Lebedev had been running an underground bitcoin exchange online since 2013. Their service, which is called Coin.mx, had apparently been in violation of the Fed's anti-money laundering regulation.....
Former Bitcoin Core lead developer Gavin Andresen has clarified comments he made comparing growth in the Bitcoin and Ethereum networks. In a tweet on September 25, Andresen said: Many interpreted this statement as a prediction Ethereum would replace Bitcoin as the world’s preeminent cryptocurrency. But that’s not the case. Ethereum Shows Large....