• Chinese companies have reportedly raked in $27 million in crypto payments for selling synthetic opioid chemicals.
• Coinbase has asked for mandamus against the SEC and continues to demand rulemaking.
• Ledger is pushing for open-source transparency with initiatives to quell Ledger Recover fears.
Chinese Companies Selling Synthetic Opioid Chemicals Raked In Crypto Payments
Chinese companies selling synthetic opioid chemicals have reportedly been raking in millions of dollars worth of cryptocurrency payments, according to a recent report. The total amount of crypto payments received by these companies has been estimated to be around $27 million.
Coinbase Asks For Mandamus Against SEC
Coinbase, one of the world’s leading cryptocurrency exchanges, has asked for mandamus against the U.S Securities and Exchange Commission (SEC). The exchange continues to demand rulemaking from the agency as it seeks clarity on its status as a broker-dealer.
Prometheum Becomes First Crypto Company To Be Approved By SEC & FINRA
Prometheum recently became the first crypto company approved by both the U.S Securities and Exchange Commission (SEC) and Financial Industry Regulatory Authority (FINRA) as a special-purpose broker-dealer. This move marks a major milestone for blockchain technology and digital asset regulation in America.
Ledger To Push For Open-Source Transparency To Quell Fears
Ledger has announced plans to push for open-source initiatives in order to quell concerns over its newly launched Ledger Recover service. The company hosted a Twitter space discussing their plans for more transparency through open source code, software verifiability, and better communication about product goals and features. Furthermore, Ledger CEO Pascal Gauthier reiterated the company’s commitment to security while also acknowledging that ease of use was important for users of their hardware wallets.
Solana CEO Deems ChatGPT As Revolutionary As ‘Windows And The Computer Mouse’
Solana CEO Anatoly Yakovenko recently stated that he believes that ChatGPT is just as revolutionary as “Windows or even the computer mouse” were when they came out decades ago. Solana is an open source platform designed to enable high performance distributed applications at scale through its technology stack comprised of consensus algorithms, data structures, virtual machines, runtime systems, programming languages, compilers and toolchains among other components