The Blockchain Association and a Texas-based crypto activist group are suing the SEC over its controversial “Dealer Rule” expansion, arguing it threatens the digital asset industry and innovation.

According to Vasily Nikonov, the founder of Velvet Capital, no users have reported any losses due to the incident.

The New Hampshire duo uses cracking techniques to access lost wallets.

After leaking the entire database of Chivo users in early April, the hacker group CiberInteligenciaSV started releasing the wallet’s code.

A U.S. Securities and Exchange Commission rule expanding the definition of a "dealer" to capture digital assets activity went too far, a lawsuit by the Blockchain Association and Crypto Freedom Alliance of Texas alleged.

The firm maintains the "highest" anti-money laundering standards in the industry, it said in a statement to CoinDesk.

The company from ex-Coinbase employees aims to help developers build better blockchain wallets.

The reentrancy bug was discovered by Asymmetric Research, a core contributor to the Wormhole interoperability protocol.

Investors say they lost thousands of dollars from the 2021 hack and never received a portion of the funds they were promised as compensation.

Current inflows into altcoins are insufficient to offset some of the big token unlocks and selling pressure from VCs.

The latest price moves in bitcoin (BTC) and crypto markets in context for April 23, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

The decentralized cloud computing company also announced its ‘Akash summit’ on Monday, which will take place before Consensus.