Apple’s Rules Jeopardize Jack Dorsey’s Decentralized App

Apple's Rules Jeopardize Jack Dorsey's Decentralized App

In a recent development, Damus, a decentralized social messaging app backed by Twitter co-founder Jack Dorsey, faced the possibility of being removed from the Apple App Store within 14 days. The app had integrated the Lightning Network, a payment protocol enabling direct bitcoin exchanges within the app. Damus claimed that Apple’s concerns revolved around content … Read more

US Sues Binance Founder Zhao for Securities Issues

US Sues Binance Founder Zhao for Securities Issues

The U.S. Securities and Exchange Commission (SEC) has recently taken legal action against Binance, the world’s largest cryptocurrency exchange, and its CEO Changpeng Zhao, alleging a wide range of securities law violations. The SEC’s complaint, which was filed in federal court in Washington, D.C., accuses Binance and Zhao of engaging in deceptive practices and creating … Read more