BarnBridge DAO, founders settle SEC charges for $1.7 million over unregistered SMART Yield bonds. The SEC alleged failure to register cryptocurrency securities and cited securities law violations. Gurbir Grewal emphasizes blockchain compliance while emphasizing universal application of securities laws. Decentralized finance (DeFi) protocol BarnBridge DAO and its founders Tyler Ward and Troy Murray will pay more than $1.7 million to settle a lawsuit filed by the Securities and Exchange Commission (SEC). The charges against BarnBridge relate to failing to register the offer and sale of structured crypto-asset securities known as SMART Yield bonds. The SEC alleged that DAO and its…
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reporter Posted on: December 23, 2023 BNB now ranks below Solana in terms of market capitalization. BNB has witnessed a surge in demand over the past four days. AMBCrypto reports that Solana (SOL) has surpassed Binance Coin (BNB) to become the fourth-largest cryptocurrency by market capitalization. This comes a day after SOL surpassed XRP to take fifth place. At press time, SOL had a market capitalization of $42 billion. BNB followed with a market capitalization of $41 billion. BNB holds its own. Despite falling in the ranking of cryptocurrencies by market capitalization, BNB has seen a 6% price increase in…
Little did I know that I would wake up this morning and have a ‘mummified Santa Claus’ wrapped around my head at 10am. what? Ah, the world of video slots is forever fascinating. I thought I’d seen it all as far as game themes go, but it couldn’t get any weirder than floating goats and singing peanuts, right? wrong. Today we introduce you to Santa Mummy slot from Belatra Games. Yes, somewhere in ancient Egypt, in the middle of a hot desert, a rotting corpse from many months ago has decided to become everyone’s favorite Christmas dad. Do you think…
Secure Finance Aims to Push the Limits of Existing DeFi Lending Models – Chainwire housenewsroomSecured Finance aims to surpass the limitations of existing DeFi lending models. We use cookies to make Chainwire’s website a better experience. Cookies help us give you a more personalized experience, relevant advertising and provide us with web analytics. Technical storage or access is strictly necessary for the legitimate purpose of enabling the use of specific services explicitly requested by the subscriber or user, or for the sole purpose of transmitting communications over electronic communications networks. Technical storage or access is necessary for the…
BarnBridge DAO, which operates a small DeFi protocol, and its founders will pay more than $1.7 million to settle charges brought by the Securities and Exchange Commission over their failure to register cryptocurrency offerings and sales.The SEC said BarnBridge and its founders Tyler Ward, 34, and Troy Murray, 38, ““The offering and sale of structured crypto-asset securities, known as SMART Yield Bonds,” the SEC said, adding that the DAO sold these bonds to the public against asset-backed securities. name On Friday. BarnBridge did not acknowledge or deny the agency’s findings. SMART Yield pooled cryptocurrencies deposited by investors and used those…
all Final Total Difficulty (TTD) ~ Of 50000000000000000 Selected for Ropsten Merge.Stakers and node operators manually TTD On both execution and consensus layer clients Before June 7, 2022.The proof-of-work testnet may have an unstable hash rate, and the exact timing of the merge in Ropsten is difficult to predict with precision. Assuming there are no unexpected hash rate fluctuations, we expect the merge to occur as follows: June 8-9, 2022.Synchronizing execution layer clients in Ropsten can take several hours to several days. essential Run The Merge. background Earlier this week, the Ropsten testnet switched to proof-of-stake. It was announced. Because…
Argentina’s Foreign Minister Javier Milei has confirmed that his government will allow Bitcoin contracts, cementing hopes in the cryptocurrency community. Javier Milei’s recent election victory in Argentina actually shocked financial markets. However, this has sent a wave of enthusiasm and anticipation through one particular sector of the economy, namely the cryptocurrency industry. Argentina prepares Bitcoin contract ratification by officials Open to crypto enthusiasts in Argentina. Diana Mondino, Argentina’s Minister of Foreign Affairs, wrote on X (Twitter): “We ratify and confirm that contracts can be agreed in Bitcoin in Argentina. There are also other cryptocurrencies and/or species, such as kilograms of…
join us telegram A channel to stay up to date on breaking news coverage The success of the SpongeBob token ($SPONGE), which recorded an incredible 100x return during the May meme season, set the stage for the Sponge V2 token. Investors interested in achieving similar returns are closely watching the progress of this recently introduced memecoin. What is Sponge V2 ($SPONGEV2)? Sponge V2 is an improved version of the original Sponge token and aims to improve the memecoin community experience by creating a more engaging environment. This upgrade contributes to the overall improvement of the Sponge brand by introducing unique…
Posted 1 minute ago In ~ The Bulgarian Prosecutor’s Office has closed its criminal case against cryptocurrency lender Nexo, finding no evidence of money laundering, tax crimes, computer fraud or other criminal activity. According to an official statement, the main reason for this decision is that cryptocurrency assets are not considered financial instruments in the country and fall outside the scope of the law on payment services and systems. The charges span from 2018 to January 2023 and alleged that defendants Antoni Trenchev, Kosta Kanchev, Kalin Metodiev and Trayan Nikolov participated in an organized crime group. “The Bulgarian Prosecutor’s Office’s…
There is one final hurdle for potential issuers ahead of the January deadline for the Securities and Exchange Commission to approve, reject or delay a decision on spot Bitcoin ETFs. This is an approved participant.Bloomberg Intelligence analyst Eric Balchunas predicted that each Bitcoin ETF would need to have explicitly approved participant parameters in its S-1 before being considered for approval.“This is not an easy final step and may stop some out of the starting gate,” Balchunas said Friday. on twitter. He then developed the hypothesis that “AP agreement + cash generation = approval.”https://twitter.com/EricBalchunas/status/1738287502111244593The approved participant wrinkle appears to be another…