Hyperliquid Faces Security Concerns Amid DPRK Activity
Hyperliquid, the rising star of Layer 1 blockchains and decentralized exchanges, is facing its first major security test since its token generation event on November 29. Security expert Taylor Monahan, known for her work with MetaMask, flagged suspicious activity involving wallets linked to North Korea’s Democratic People’s Republic (DPRK) on December 22. The flagged wallets, […]
Ripple CTO Explains Crypto Staking’s Unique Nature
Ripple’s Chief Technology Officer, David Schwartz, recently shared key insights on the nature of crypto staking, addressing an ongoing debate about its taxation. Speaking on X, Schwartz clarified the fundamental differences between staking rewards and traditional income, shedding light on a topic that continues to challenge regulators and tax authorities. Staking: Creation vs. Transfer of […]
Kraken Challenges SEC in Court Dispute
Crypto exchange Kraken and the U.S. Securities and Exchange Commission (SEC) have filed a joint stipulation and proposed order, signaling a new phase in their ongoing legal battle. The move comes as Kraken plans to file an objection to a November court ruling favoring the SEC in a discovery dispute. According to a December 23 […]
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