US SEC Sues Consensys Over Unregistered Broker Activities
The US Securities and Exchange Commission (SEC) has filed a lawsuit against Consensys, a blockchain software technology company, alleging that it has failed to register as a broker through its MetaMask swaps service. The regulator claims that Consensys has collected over $250 million in fees through its unregistered activities.
Consensys operates the popular MetaMask self-custodial crypto wallet, which enables users to store, buy, send, and swap tokens. The company has been accused of failing to register the offer and sale of certain securities through its crypto staking programs, which allow users to lock up tokens for a certain period in exchange for yield.
The US Securities and Exchange Commission has filed a lawsuit against Consensys.
In response to the lawsuit, Consensys has argued that the SEC is attempting to “unlawfully regulate” ether, the world’s second-largest cryptocurrency, through enforcement actions. The company has also claimed that it has received notice that the SEC has closed its investigation into the company, but it will continue its lawsuit in pursuit of a court ruling that the SEC does not have legal authority to regulate software interfaces built on the ethereum blockchain.
OC Sheriff’s New $110 Million Technology Center Opens in Tustin
The Orange County Sheriff’s Department has unveiled its new $110 million technology center in Tustin, California. The center features a real-time communications section, terrorism center, media briefing room, collaborative office spaces for trainees and developers, and a mechanics area for police vehicles.
The Orange County Sheriff’s Department’s new technology center in Tustin, California.
The department will now be able to “synergize technology” that was not necessarily available beforehand, according to Orange County Sheriff Don Barnes. The center brings together three OCSD divisions - technology, operations support and intelligence, and special operations - under one roof, enhancing the department’s ability to protect the community.
One of the key features of the new center is the ability for law enforcement to “tap into” public and private cameras around the county through an interface called Fusus. This will enable the department to connect to cameras at partnering cities, schools, or private businesses to properly assess potential crime or emergency situations.
McKinley Park News Upgrades Technology
The McKinley Park News has completed a major technology upgrade, improving its platform and infrastructure. The upgrade includes a switch to cloud hosting, which is 100% powered by renewable energy, as well as upgrades to the latest versions of the Content Management System (CMS) software and its extensions.
The news site has also implemented a new template framework and front-end layout code, which has fixed many errors and bugs that caused issues with layout and navigation. Additionally, the site has improved its support for mobile devices and has restored all member and community features, including the return of the McKinley Park Neighborhood Forums.
The McKinley Park News has upgraded its technology platform.
The upgrade has also included the implementation of long-planned new features for sponsors and institutions, as well as the ejection of predatory and harmful service providers like Google from the website’s infrastructure.
