Mango Markets DAO Faces SEC Charges Over Unregistered Token Sales
n a landmark case highlighting the increasing regulatory scrutiny of decentralized autonomous organizations (DAOs), the U.S. Securities and Exchange Commission (SEC) has charged Mango Markets DAO for the unregistered sale of its MNGO tokens.
Dubai’s Future Blockchain Summit 2024
Dubai is once again taking center stage in the blockchain world with the Future Blockchain Summit 2024, scheduled to take place from October 13 to 16 at the iconic Dubai Harbour. This annual event, now recognized as the premier blockchain gathering in the MENA region, promises to bring together over 1,200 investors, 120 exhibitors, and 150+ speakers from more than 50 countries.
USDT on TON Chain Surpasses $1 Billion in Circulating Supply
Tether’s USDT stablecoin has reached a new milestone, surpassing $1 billion in circulating supply on The Open Network (TON), according to data from Token Terminal. This significant achievement underscores USDT's dominance as the leading USD-backed stablecoin, outpacing its rivals like Circle’s U.S. Dollar Coin (USDC).
Circle’s USDC Stablecoin to Launch on the Sui Network
Circle, the issuer of the widely-used USDC stablecoin, has announced that it will be expanding USDC’s reach to the Sui blockchain through its Cross-Chain Transfer Protocol (CCTP). This integration is a significant development for the Sui network, a relatively new blockchain that has been gaining traction in the decentralized finance (DeFi) space.
Thorchain's Major Upgrade: What the Hard Fork Means for the RUNE Token
On September 4, 2024, Thorchain completed a significant hard fork, marking a major milestone for the decentralized liquidity network. This upgrade focused on improving the overall performance of Thorchain’s cross-chain exchange capabilities, with particular attention to supporting Bitcoin Taproot addresses, a crucial enhancement for enabling seamless Bitcoin transactions.
Hedera Donates Entire Codebase to Linux Foundation for Decentralized Trust Project
Hedera’s contribution signifies a massive shift toward greater decentralization, allowing developers worldwide to experiment, adapt, and improve upon Hedera’s technology. By donating its entire codebase, Hedera effectively opens up its network to the public, aligning itself with the ideals of open-source development
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