Saga CEO discusses crypto industry’s shift toward GOP — ETH Denver

Saga CEO discusses crypto industry’s shift toward GOP — ETH Denver

Rebecca Liao, co-founder and CEO of layer-1 blockchain Saga, believes that digital assets began as a bipartisan issue but gravitated toward the Republican Party in the last election cycle due to the previous administration’s anti-crypto policies. In an interview with Cointelegraph’s Turner Wright during the ETHDenver Conference, Liao pointed to the Securities and Exchange Commission’s…

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SEC agrees to drop Consensys lawsuit

SEC agrees to drop Consensys lawsuit

The United States Securities and Exchange Commission (SEC) has agreed in principle to drop its lawsuit against crypto firm Consensys. The suit claimed that aspects of MetaMask violated securities laws. According to Ethereum co-founder and Conensys founder Joseph Lubin, the SEC has agreed to file a motion effectively ending the case, and the conclusion of…

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Suspicious outflows detected from wallet linked to Mask Network founder

Suspicious outflows detected from wallet linked to Mask Network founder

Onchain cybersecurity platform Cyvers detected suspicious outflows from an address linked to Mask Network founder Suji Yan on Feb. 27. According to Cyvers, the flagged addresses received approximately $4 million in cryptocurrencies — primarily in Ether (ETH)-linked tokens. The stolen digital assets included 113 ETH, valued at over $265,000 at the time of this writing,…

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