SEC staff gives guidance on how securities laws could apply to crypto

US Securities and Exchange Commission staff have given guidance on how federal securities laws could apply to crypto, saying companies issuing or dealing with tokens that could be securities should give better details about their business. The SEC’s Division of Corporation Finance said in a staff statement on April 10 that it was giving its … Read more

Senate Dems Slam DOJ’s Decision to Axe Crypto Unit as a ‘Free Pass’ For Criminals

U.S. Deputy Attorney General Todd Blanche is under fire from Senate Democrats following his recent decision to narrow the Department of Justice’s (DOJ) crypto enforcement priorities and disband its crypto enforcement squad. In a Thursday letter to Blanche, six Senate Democrats — Sens. Mazie Hirono (D-Hawaii), Elizabeth Warren (D-Mass.), Dick Durbin (D-Ill.), Sheldon Whitehouse (D-R.I), … Read more

Tesla used car listings skyrocketed in March

A growing number of Tesla owners are putting their used vehicles up for sale, as consumers react to Elon Musk’s political activities and the global protests they have fueled. In March, the number of used Tesla vehicles listed for sale on Autotrader.com skyrocketed, Sherwood News reported, citing data from Autotrader parent company Cox Automotive. The … Read more

Trump signs resolution killing IRS DeFi broker rule

US President Donald Trump on April 10 signed a joint Congressional resolution overturning a Biden-era rule that requires decentralized finance (DeFi) protocols to report to the country’s tax authority, the Internal Revenue Service. The rule would have required DeFi platforms, such as decentralized exchanges, to file their gross proceeds from crypto sales and include information on those … Read more

How Go 1.24 Enhances its WebAssembly Capabilities

Go 1.24 enhances its WebAssembly (Wasm) capabilities with the addition of the go:wasmexport directive and the ability to build a reactor for WebAssembly System Interface (WASI). These features enable Go developers to export Go functions to Wasm, facilitating better integration with Wasm hosts and expanding the possibilities for Go-based Wasm applications. WebAssembly and the WebAssembly … Read more

President Trump Signs Resolution Erasing IRS Crypto Rule Targeting DeFi

With a signature from President Donald Trump, the decentralized financial (DeFi) corner of the crypto sector is now freed from U.S. Internal Revenue Service demands that such platforms be treated as brokers and required to track and report user activity. That narrowly focused IRS rule, approved in the final days of former President Joe Biden’s … Read more

We Want to Know Your Experience With Multi-Level Marketing Companies and Tech

Hi readers, I hope you’re well! I’m investigative reporter Malena Carollo, and I’m back to talk with you about an unexpected space where technology is central: the multi-level marketing world. For the uninitiated, multi-level marketing companies are businesses that sell goods or services to customers through salespeople who also recruit new members to join. You … Read more

How Bybit Rebounded from a Major Hack & Regained Market Share: A Dive into Block Scholes’ Report

📰 How Did Bybit Recover So Quickly After a Major Hack? When a major cryptocurrency exchange faces a hack, the aftermath can often last for months, if not years. So how did Bybit—the world’s second-largest crypto exchange by trading volume—manage to regain market confidence and recover trading volume within weeks? A new report by digital … Read more

Helium Issuer Nova Labs Agrees to Pay SEC $200K to Settle Allegations It Lied to Investors

Nova Labs, the parent company behind the Helium blockchain, has agreed to pay the U.S. Securities and Exchange Commission (SEC) $200,000 to settle civil securities fraud charges the regulator filed against the firm in January, a court filing said Thursday. Without admitting or denying any wrongdoing, Nova Labs agreed to pay the fine to settle … Read more