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Showing posts with the label security

Hacken and Radix partner to enhance security as Shiba Memu presale hits $3.7M

Radix teams up with Hacken for enhanced ecosystem security. Shiba Memu, a unique AI-driven meme token, is revolutionising marketing and interaction. Shiba Memu’s roadmap involves an ongoing presale, centralized exchange listings, AI marketing dashboards, and integration with decentralized apps. In a move aimed at fortifying the security of its ecosystem, Radix, a layer-1 smart contract platform, has partnered with Hacken, a trusted blockchain security auditor. Hacken will now take on the role of the primary security code auditor for projects operating on the Radix platform. Radix, known for its full-stack capabilities and layer-1 smart contract platform, is a pioneering platform that allows developers and users to engage with Web3 and decentralized finance (DeFi) through decentralized applications (dapps). At the core of Radix’s offerings is its Scrypto programming language, which streamlines the creation and execution of smart contracts. Enhanci...

Ripple’s chief legal officer criticizes the SEC argument that XRP is a security

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Join Our Telegram channel to stay up to date on breaking news coverage The chief legal officer at Ripple, Stuart Alderoty, has criticized the decision made by the US Securities and Exchange Commission (SEC) to classify XRP as a security. Alderoty also said that it was not a rare occurrence for the courts to rule against the regulator. Ripple’s legal executive criticizes SEC Alderoty posted a tweet on Saturday where he referred to a 1946 case where the US Supreme Court made a ruling against the SEC. The battle between Ripple and the SEC over the status of CRP as a commodity or security has been one of the most high-profile legal battles in the crypto industry. In 1946, in its Sup Ct “Howey” brief, the SEC unsuccessfully argued that an investment in a “common enterprise” was unnecessary provided there was a “community of interest”. The SEC was wrong then and it is still wrong now. Common Interest ≠ Common Enterprise. pic.twitter.co...