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π Sia Next in line for SEC's chopping Board πͺ
π Sia Next in line for SEC's chopping Board πͺ
| | IKEA just used ERC20 tokens to pay its contractor. |
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| π± Coinbase to Pay Users 1.25% Interest on USDC Stablecoin Holdings
Coinbase users can earn interest on their holdings of the dollar-pegged USD Coin (USDC).
Users of the exchange with at least one dollar's worth of USDC in their accounts will automatically receiving interests.
The Interest rate has been said to be "15 times more than the national average or what people might get through a [traditional US] savings account."
| | π΅ SEC reaches settlement with the firm behind Sia Network
Nebulous Inc., the firm behind the Sia (SIA) decentralized cloud storage network, has entered a settlement agreement with SEC.
The securities cited by the SEC were "Siastock" offered in 2014 which entitled owners to "a percentage of future revenue generated from transactions.
Nebulous has agreed to pay penalties and disgorgement of approximately $225,000.
| | π§ Coinexchange.io Closes for Financial Reasons
Altcoin trading platform Coinexchange.io has announced that it is shutting down due to financial difficulties.
The closure was purely a business decision and is not connected to any security breach or other incident.
Trading and deposits on Coinexchange.io will be suspended on Oct. 15. Traders are being urged to halt any activity as soon as possible.
Coinexchange.io has said that it may return in the future should market conditions change.
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