Category: ICO

Sen. Warren Wants to Know How Drug Agencies Are Pursuing Crypto Ties to Fentanyl

U.S. Sen. Elizabeth Warren (D-Mass.) is demanding to know how the Biden administration is doing in throttling the use of cryptocurrencies in the trafficking of fentanyl, according to a letter she and another lawmaker sent to the White House Office of National Drug Control Policy and the Drug Enforcement Administration (DEA). Warren and Sen. Bill Cassidy (R-La.) asked for updates on “actions to crack down on drug traffickers’ exploitation of crypto to grow their business and launder their ill-gotten gains,” the letter said, arguing that “cryptocurrency has played an increasingly…

Aptos (APT) Integrates Chainlink’s CCIP and Data Feeds to Boost Decentralized App (Dapp) Development

“Joining the Chainlink SCALE program will empower developers on Aptos with new and increased access to Chainlink services, expanding the toolkit of resources on Aptos available to help them build secure, scalable, and fully-featured dApps” said Bashar Lazaar, grants and ecosystem lead at Aptos Foundation, the ecosystem development organization supporting Aptos. Source

Terraform, Do Kwon Agree in Principle to Settle Fraud Case With SEC: Court Filing

The court listing’s title referred to a May 29 telephone conference , “without transcription or recording.” Counsels for all the parties were present. As the parties informed the Court that they reached a settlement in principle, an oral argument previously set for May 29 was cancelled. The parties must file the required documents in support of the settlement in front of Judge Jed S. Rakoff by June 12. Source

NYDFS Issues New Crypto Firm Guidance for Consumer Complaints

“Consumers have a right to a transparent and timely process for resolving complaints and answering questions, irrespective of the company or product in question,” said NYDFS Superintendent Adrienne A. Harris. “This guidance outlines clear expectations for a positive customer experience, which benefits both consumers and business.” Source

Bitcoin Staking Project Babylon Raises $70M Led by Paradigm

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