Twitter whistleblower Peiter “Mudge” Zatko testified before the Senate Judiciary Committee on Tuesday, portraying the company as incapable or unwilling to provide even the most basic data security assurances to its millions of users. “[Twitter executives] don’t know what data they have, where it ...Read More

America’s first experiment with DeFi didn’t end well and the second one is going badly, too. Can we learn the lessons of history to make the third try a success? Believe it or not, the blockchain era is really America’s second experiment with decentralized ...Read More

Gary Gensler had strong words for the crypto industry in a Thursday speech, telling an audience of lawyers that the “vast majority” of the nearly 10,000 existing crypto tokens are securities, being issued to the public in violation of federal laws. “The investing public ...Read More

There’s a legal test US regulators use to determine what qualifies as an investment contract, and therefore should be regulated by the US Securities and Exchange Commission. And the head of the SEC says most cryptocurrencies pass it. “Of the nearly 10,000 tokens in ...Read More

Gary Gensler is coming after digital currency companies. In his recent opinion piece published on the Wall Street Journal, the chairman of the U.S. Securities and Exchange Commission fired a warning shot at the digital currency industry. There’s no reason to treat the crypto ...Read More

The SEC’s decision on Friday to reverse Trump-era restrictions on its whistleblower program divided the five-member body, with its newest member citing concerns about the program’s secrecy that were outlined in a recent Bloomberg Law investigation. “The Whistleblower Program has come under increasing scrutiny from ...Read More