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$BTC According to PANews, the U.S. Securities and Exchange Commission (SEC) has released a statement through its Division of Corporation Finance to clarify the application of federal securities laws in the crypto asset market. This guidance aims to assist with the registration and disclosure requirements for securities related to networks, applications, and crypto assets, including those that are part of investment contracts. The statement addresses key disclosure elements in documents such as Regulation S-K, Form S-1, and Form 10. These elements include business descriptions, risk factors, characteristics of the securities, management information, financial statements, and the presentation of smart contract code. The SEC's guidance is intended to provide clarity on how these requirements apply to equity and debt securities associated with crypto assets.
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#SECGuidance According to PANews, the U.S. Securities and Exchange Commission (SEC) has released a statement through its Division of Corporation Finance to clarify the application of federal securities laws in the crypto asset market. This guidance aims to assist with the registration and disclosure requirements for securities related to networks, applications, and crypto assets, including those that are part of investment contracts. The statement addresses key disclosure elements in documents such as Regulation S-K, Form S-1, and Form 10. These elements include business descriptions, risk factors, characteristics of the securities, management information, financial statements, and the presentation of smart contract code. The SEC's guidance is intended to provide clarity on how these requirements apply to equity and debt securities associated with crypto assets.
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#BinanceSafetyInsights Binance, the world’s biggest cryptocurrency exchange, confirmed on Friday that $570 million had been stolen in a hack of a blockchain it runs that serves as a bridge for asset transfers between networks. The attack on the Binance Smart Chain network highlighted weaknesses in decentralized finance, or DeFi, where transactions are controlled by code. “Software code is never bug free,” Binance’s chief executive, Changpeng Zhao, said in an interview with CNBC. He emphasized that no users had lost money in the hack but said that so-called cross-chain bridges were particularly vulnerable to hacks and the industry needed to get better at learning from them.
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$ETH U.S. Weekly Jobless Claims Reach 223,000 in Early April According to Odaily, the number of initial jobless claims in the United States for the week ending April 5 reached 223,000. This figure aligns with expectations and shows an increase from the previous week's count of 219,000.
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#CPI&JoblessClaimsWatch U.S. Weekly Jobless Claims Reach 223,000 in Early April According to Odaily, the number of initial jobless claims in the United States for the week ending April 5 reached 223,000. This figure aligns with expectations and shows an increase from the previous week's count of 219,000.
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