Impact Theory, a Los Angeles-based company, has been charged by the SEC with violating federal securities laws by offering unregistered NFTs as investment contracts. (Read More)

PeckShield Inc. has reported a $2.1 million loss on the Balancer platform, affecting multiple pools across Ethereum, Fantom Foundation, and Optimism Foundation. The loss, including Beethoven X, is believed to be miscalculated. (Read More)

The post Bitcoin is Close to A Breakout—Could This Be the First Bullish September in History? appeared first on Coinpedia Fintech News The crypto markets are approaching the end of the August trade and are about to enter the last phase of the Q3 trade. Besides, the volatility continues to remain at grounded levels, which […]

ZepetoX (ZTX), the Jump Crypto and Zepeto-backed initiative, recently raised 13 million for its metaverse platform on Arbitrum. At the same time, experts are still drawn to Borroe ($ROE) as it maintains its stance as the best ICO right now. The game-changing $ROE The volatility of the crypto ecosystem keeps freshmen on the lookout for […]

Clockwork’s planned closure comes about a year after receiving $4 million in a seed round led by Multicoin Capital. The developers behind Solana-based smart contract automation project Clockwork is set to turn off key infrastructure for the protocol at the end of October, citing “limited commercial upside.” In a series of X (Twitter) posts on […]

Several U.S. lawmakers have objected to the Federal Reserve’s stablecoin regulatory guidelines, which they believe “will undoubtedly deter financial institutions from participating in the digital asset ecosystem.” According to the lawmakers, “The Fed has chosen to effectively prevent banks from issuing payments stablecoins — or engaging in the payment stablecoin ecosystem.” Fed’s Efforts ‘Subvert Progress […]

Historically, the 10-year Treasury yield has been a reliable barometer of broader economic sentiment. However, recent data suggests a weakening correlation between this yield and another key asset: gold. This divergence, not seen in decades, has profound implications for investors and the broader market. The 10-year Treasury yield represents the return on investment for U.S. […]

Friend.tech warned users who choose to jump ship to “forks and copies” will see their existing points forfeited. Crypto’s newest decentralized social media (DeSo) app friend.tech has been met with intense criticism over a decision to punish users who opt in to forks or copycat versions of its tokenized social media platform.  “To make sure […]

SEC Commissioners Hester Peirce and  Mark T. Uyeda have vocalized their disagreement over the Commission’s handling of its enforcement action against Impact Theory, marking the first enforcement action of the SEC against a non-fungible token (NFT). The concerns, articulated in a public statement, highlight the complexities surrounding the regulation of NFTs, a rapidly evolving asset […]

OpenAI also claims it is two times faster than GPT-4 with enhanced privacy and security standards. OpenAI, the creators of the artificial intelligence tool ChatGPT, has released ChatGPT Enterprise, a supposedly faster, more secure, and powerful version of the chatbot for businesses. The firm explained in an Aug. 28 post that ChatGPT Enterprise offers unlimited […]