ChainCatcher news, according to The Block, Interpol has issued a red notice to Hex and PulseChain founder Richard Heart on behalf of Finland, accusing him of serious tax evasion and assault.It is reported that a red notice is a formal warning issued to Interpol member countries, informing them that a valid national arrest warrant has been issued for a specific individual. If the wanted person is detained in another country, this notice typically triggers extradition procedures.Previous news, Finnish police are investigating Hex founder Richard Heart for serious tax evasion and assault charges.

ChainCatcher news, according to Cryptonews, analysis company Chainalysis announced its acquisition of Web3 security company Hexagate, which specializes in detecting and mitigating real-time threats on blockchain networks. Hexagate focuses on detecting threats, including network vulnerabilities, hacking attacks, and governance risks. The security company's machine learning models monitor blockchain networks in real-time, identifying suspicious patterns and anomalous transactions. Hexagate's clients include Coinbase and Consensys.Chainalysis stated that by acquiring Hexagate, the company will be able to provide clients with comprehensive risk management covering prevention, compliance, and remediation.

ChainCatcher news, Hex and PulseChain founder Richard Schueler (also known as Richard Heard or Richard Heart) is currently under criminal investigation in Finland for serious tax evasion and assault charges.According to local Finnish media YLE, Finnish police suspect Schueler, who resides in Helsinki, of serious tax evasion and assault. Helsinki detective Harri Saaristola stated that Schueler is suspected of owing hundreds of millions of euros in taxes to Finland. Harri Saaristola explained that discrepancies between Schueler's tax returns and the revenue assessments from the tax office prompted the investigation.Authorities are currently unclear about his whereabouts. Finnish authorities estimate that Schueler's income for 2023 exceeds 15.2 million euros, but the tax evasion allegations are unrelated to his capital income. Finnish law enforcement believes that the cryptocurrency founder created, launched, and marketed his cryptocurrency in Finland, and that the marketing scope of these projects extends internationally.

ChainCatcher news, according to TheBlock, the U.S. Securities and Exchange Commission (SEC) has rebutted Hex founder Richard Heart's attempt to dismiss the lawsuit against him, stating that it has the right to continue pursuing the case. The SEC accuses Heart of raising over $1 billion through the issuance of unregistered securities and using the funds for personal luxury purchases. Heart's lawyer argues that Hex, PulseChain, and Pulse X are not securities, and that Heart did not promise investment returns, thus not constituting fraud. The SEC insists that these assets are investment contracts and fall under the category of securities. The next hearing in the case is scheduled for October 24.Previous report, on July 31, the SEC sued Hex and Pulsechain project founder Richard Heart for allegedly selling unregistered securities. The SEC claims that Richard Heart misappropriated at least $12 million of client funds for personal luxury purchases instead of developing the protocol, thereby deceiving investors.

According to ChainCatcher, as reported by Cointelegraph, a U.S. appeals court partially overturned the dismissal of a class action lawsuit against Binance.US, which alleges that the exchange illegally manipulated the price of the HEX token. A panel of three judges from the Ninth Circuit Court of Appeals overturned the district court's previous dismissal of the class action, stating that plaintiff Ryan Cox's claims against Binance.US and CoinMarketCap were reasonable.Cox first filed the class action in 2021, accusing Binance Capital Management and Binance.US of artificially limiting HEX's ranking on CoinMarketCap, the cryptocurrency price tracking platform owned by Binance. Cox claimed this led to a lower trading price for HEX, while Binance's own cryptocurrency ranked higher. In February 2023, a district court judge initially dismissed the lawsuit, ruling that Cox failed to establish any specific connection between activities in Arizona (the state where Cox originally filed the lawsuit) and Binance.US that could link Binance.US to the manipulation of HEX.In an opinion on August 12, the judges disagreed with the district court's initial conclusion that Cox must prove there was "sufficient minimum contacts" between Binance.US and Arizona for the court to establish personal jurisdiction.Additionally, the appeals court found that Cox's lawsuit presented reasonable allegations of price manipulation against Binance.US and noted that they have been sent back for reconsideration.

ChainCatcher news, according to The Block, the crypto custody firm Hex Trust has received in-principle approval for a Major Payment Institution (MPI) license in Singapore, which allows it to provide cryptocurrency custody and over-the-counter trading services in Singapore.Hex Trust previously obtained a virtual asset service provider license in Dubai in November 2023.

ChainCatcher news, according to CoinDesk, Hong Kong cryptocurrency custody company Hex Trust has issued the stablecoin USDX on the Layer 1 blockchain Flare.USDX becomes the first native stablecoin on Flare. It will be used in lending protocols and trading platforms, and it also features a dedicated T-Pool staking mechanism created by the decentralized credit market Clearpool. The stablecoin is pegged to the US dollar or equivalent assets at a 1:1 ratio, and USDX stakers will receive yields from RWA and cUSDX as rewards.Additionally, the Web3 asset data platform RootData shows that Hex Trust is a certified and insured provider of bank-grade digital asset custody. Through its proprietary platform Hex Safe, Hex Trust offers custody, DeFi, brokerage, and financing solutions for financial institutions, digital asset organizations, enterprises, and private clients. Hex Trust has offices in Singapore, Hong Kong, Dubai, Italy, and Vietnam.

ChainCatcher news, Hong Kong cryptocurrency custodian Hex Trust announced on the X platform that it has obtained Deloitte SOC 1 Type II certification.According to previous news, Hex Trust plans to conduct a new round of financing this year, but due to investors' cautious attitude, it has not yet been determined whether it will take place in the first half or the second half of this year.

ChainCatcher news, institutional digital asset custodian Hex Trust announced the integration of MetaMask, allowing users to directly access over 17,000 DeFi dApps from the Hex Safe dashboard. Additionally, the integration introduces a transaction authorization feature, enabling users to set precise transaction approval rules. This feature allows users to restrict access to decentralized applications (dApps), optimize DeFi transaction processes, and establish specific transaction rules for designated individuals.

ChainCatcher news, in a letter submitted to the U.S. District Court for the Eastern District of New York, the SEC stated that it officially requested the Finnish Ministry of Justice on August 22, 2023, to serve legal documents to Richard Schuele (also known as Richard Heart), the founder of Pulsechain, PulseX, and Hex, and to serve through him to Hex, PulseChain, and PulseX. However, so far, the SEC has not received confirmation of the service of the complaint to Richard Schuele. SEC lawyers will report to the court on the status of their service efforts by December 15, and if service has not been completed by then, they will apply for alternative service.Meanwhile, the conference call originally scheduled for November 28 has been postponed to January 30, 2024.Previously, in July of this year, the U.S. SEC sued Hex and Pulsechain founder Richard Heart for allegedly selling unregistered securities. According to the SEC, Heart raised over $1 billion by selling project tokens. The SEC stated that Heart had previously made comments suggesting that Hex would rise, while the current price of Hex has dropped by 98.4% from its historical peak. Additionally, the SEC pointed out that Heart misappropriated over $12 million of client funds for personal purchases of luxury goods, rather than for developing the protocol.

ChainCatcher news, according to CoinDesk, digital asset custodian Hex Trust has obtained a full operating license from the Dubai Virtual Assets Regulatory Authority (VARA).It is reported that this operating license is the final approval of VARA's regulatory framework for crypto service providers, which came into effect earlier this year. Hex Trust received the minimum viable product (MVP) operating license approved by the regulator in February this year, and completing the final step of the licensing process enables the company to continue providing cryptocurrency custody services to institutional clients and qualified investors in Dubai.

ChainCatcher news, digital asset custodian Hex Trust announced that it will provide custody and staking services for the Celestial token TIA.It is reported that, as the only licensed custodian in the Asia-Pacific region and holder of the FMP license for virtual asset custody services in the Middle East, Hex Trust offers secure custody services for the Celestia token (TIA) through its institutional-grade platform Hex Safe.

ChainCatcher news, Uniswap removed the HEX token from its interface after the U.S. Securities and Exchange Commission (SEC) referred to the HEX token as an unregistered security earlier this week. The HEX token is now listed in the "unsupported" token list on the Uniswap interface, generally indicating that the protocol "infringes trademarks, is proven to be a scam, or is based on other legal considerations."Although Uniswap has removed the token from its interface, the delisting is only at the front-end level, and HEX can still be traded through decentralized protocols.

ChainCatcher news, according to The Block, the U.S. Securities and Exchange Commission (SEC) has sued Richard Schueler (also known as Richard Heart), accusing him of selling unregistered securities.Richard Heart is the founder of the Pulsechain, PulseX, and Hex projects. According to the SEC, Heart raised over $1 billion by selling tokens for these projects, and he had previously made comments suggesting that the value of Hex would increase.The SEC claims that Richard Heart misappropriated at least $12 million of customer funds for personal luxury purchases instead of developing the protocol, thereby deceiving investors.

ChainCatcher news, Web3 mobile game developer Hexacore announced the completion of a $3.5 million financing round, led by Dubai-based tech venture capital Scalo Technologies, with participation from Xsolla, Estoty, and other angel investors. The new funds will be used to accelerate the development of Web3 features for mobile games, including in-app purchases, NFT collectibles, and ad incentives.Hexacore is dedicated to building an open economy for games based on digital ownership, helping Web2 developers integrate blockchain technology into games, and providing services such as embedded wallets, NFT minting and sales, payment channels, blockchain token economics, and digital asset management.

ChainCatcher news, digital asset custodian Hex Trust announced that it has obtained a Minimum Viable Product (MVP) license issued by the Dubai Virtual Assets Regulatory Authority (VARA), allowing Hex Trust to provide a wide range of virtual asset services to institutional clients and mature investors in Dubai under its Virtual Asset Service Provider (VASP) framework.It is reported that Hex Trust received provisional approval from the Dubai Virtual Assets Regulatory Authority in June of this year. (Source link)

ChainCatcher news, the decentralized lending market Clearpool announced its recent operational status on Twitter. Clearpool stated that it has not had direct contact with FTX and Alameda, and its treasury and operational funds are stored in Hex Trust cold wallets. Users providing lending funds to Clearpool have withdrawn nearly $91 million in liquidity since Monday, while borrowers including Amber, Nibbio, and LedgerPrime have repaid their loans, and BlockTower and Jane Street have agreed to close their licensed pools.The loans from the Alameda licensed pool remain unpaid, with funding for that pool provided by Compound Capital and Apollo Capital. Clearpool stated that the team is still focused on the next phase of its ecosystem growth, including the development of a range of new products such as licensed pool v2, term pools, and diversified pools. (source link)

ChainCatcher news, blockchain security company Hexens announced the completion of a $4.2 million seed funding round, led by IOSG Ventures, with participation from Delta Blockchain Fund, ChapterOne VC, Hash Capital, ImToken Ventures, Tenzor Capital, and a group of angel investors from Polygon and other blockchain projects.It is reported that Hexens was founded in 2021, and the products it is building have the potential to become standard toolkits for every developer and security researcher in the blockchain space, enhancing security in areas such as infrastructure auditing, zero-knowledge proofs/new cryptography, DeFi, NFTs, and driving the large-scale adoption of Web3. The company revealed that it will soon launch its first batch of products to help builders, security engineers, projects, companies, and the entire blockchain ecosystem enhance security. (Source link)