Tag: Developer

SEC Serves Fresh Lawsuit To Metamask Developer Consensys

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The US Securities and Exchange Commission (SEC) has instituted a lawsuit against Metamask developer, Consensys. The Commission alleges that the crypto firm violated securities laws by acting as an unregistered securities broker. Related Reading SEC Accuses Consensys Of Violating Securities Laws Using Metamask According to the court document, the SEC claims that Consensys has acted “as an unregistered broker of crypto asset securities through its MetaMask Swaps service” since October 2020. The Commission also accused the crypto firm of engaging in the unregistered offer and sale of securities through crypto…

Bitcoin defi tool developer ALEX Lab says Lazarus Group likely behind $4m hack

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The developer of Bitcoin-focused defi platform ALEX Lab says North Korean hackers are likely behind the latest $4 million attack. North Korean hacker group Lazarus Group is very likely responsible for the attack that left Bitcoin-focused defi platform ALEX Lab without $4 million worth of tokens earlier in May. In an X post on Jun. 25, ALEX Lab’s official account said there’s “substantial transaction evidence” showing that the attack is linked to the Lazarus Group. Update on the ALEX Incident Investigation Dear ALEX Community,We wish to share an important update…

Solana Developer Shares “Big News” That Could Send The SOL Price Flying

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Mert Mumtaz, CEO of Solana’s development platform Helius Labs, recently shared “big news” that presents a bullish outlook for the Solana ecosystem. This development could also positively impact Solana’s price, which has recently been on a downtrend.  A New Dawn For Solana Mumtaz mentioned in an X (formerly Twitter) post that “ZK compression” is being introduced directly on the Solana network without requiring layer-2 networks. He claimed that this changes everything and every impression one has about Solana and scaling layer-1 networks. Mumtaz further explained what the ZK compression is…

Artificial Intelligence (AI) Tokens RNDR, TAO, AGIX Prices Slump as Apple’s Developer Event Fails to Impress

The decline happened as expectations were high for the tech giant to reveal its AI plans and how it would weave artificial intelligence into its offerings at this week’s Apple Worldwide Developers Conference (WWDC2024). The firm on Monday announced Apple Intelligence, a suite of AI features for iPhones, Mac and other products, and a partnership with Sam Altman’s OpenAI to integrate ChatGPT into Apple software. Source

Med tech developer Semler Scientific puts additional $17m in Bitcoin

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Healthcare tech developer Semler Scientific has announced an additional purchase of 247 BTC for $17 million in cash. Santa Clara-based healthcare tech firm Semler Scientific has acquired an additional 247 BTC for $17 million in cash as part of its ongoing strategy to hedge against inflation risks. As per a press release on Jun. 7, the acquisition brings Semler Scientific’s total Bitcoin reserves to 828 BTC, purchased at an aggregate cost of $57 million. Commenting on the purchase, Semler Scientific chief executive Doug Murphy-Chutorian highlighted the firm’s commitment to Bitcoin…

Tornado Cash Developer Alexey Pertsev Sentenced to 64 Months for Money Laundering

A Dutch court has sentenced Tornado Cash developer Alexey Pertsev to five years and four months in prison for laundering $2.2 billion through the cryptocurrency mixing service. The case represents a pivotal moment for decentralized finance (defi) regulation and crypto privacy. Dutch Court Imprisons Tornado Cash Developer for $2.2 Billion Money Laundering via Crypto Mixing […] Source CryptoX Portal