Crypto News

What Is ERC-404? The Experimental Standard Whose First Token Has Rocketed 12,000% in One Week

ERC-404 allows multiple wallets to directly own a single NFT, and, in the future, create a use case where that specific exposure can be tokenized and used to take out loans or stake holdings.Source link

WeMade Dismisses Coin Over-Issuance Fraud Claims Amid Investigation

South Korean game developer WeMade counters fraud allegations by the Seoul Southern District Prosecutors, asserting compliance exemptions for its digital asset systems and Phoenix DEX amidst regulatory investigations. (Read More)Source link

UK’s Planned Stablecoin Rules Need Reworking, Crypto Advocates Say

Crypto industry groups in the U.K. say local regulators’ proposals for supervising stablecoins need reworking.Source link

Binance Co-Founder Offers $10,000 Bounties to Employees Who Report Leaks

Binance co-founder Yi He is offering $10,000 bounties to employees who report colleagues involved in insider trading or leaks.Source link

SBF Faces Curcio Hearing Over Conflicted Representation

Scheduled for a Curcio hearing on February 21, former FTX CEO Sam Bankman-Fried confronts potential legal representation conflicts, spotlighting the intricate legal challenges in the aftermath of FTX's collapse. (Read More)Source link