News

Major Change for EOS Network: Rebranding to Vaulta

EOS Network has announced a significant change: its rebranding to Vaulta, an important step towards providing modern financial services for Web3 users.

The rebranding will also include the launch of a planned token swap for May 2025. This move comes in the context of the increasing demand for innovative financial solutions in the crypto space and clearer regulations governing the industry.

EOS Network, known for its successful application in the Web3 domain and for using Ethereum Virtual Machine (EVM) to emulate the Ethereum blockchain, is now shifting its focus to the financial sector.

Vaulta will collaborate with banking partners, such as exSat, to offer a wide range of financial services. CEO Yves La Rose emphasized that Vaulta is the result of a well-thought-out development strategy and continuous innovation, and the change represents not just a rebranding, but a broader vision for the future of Web3 financial systems.

Read next

OpenSea cere SEC clarificari privind reglementarea pietelor NFT

OpenSea cere SEC clarificari privind reglementarea pietelor NFT

OpenSea, una dintre cele mai mari platforme pentru tranzactionarea tokenurilor nefungibile (NFT), a transmis o solicitare oficiala catre Comisia pentru Bursa si Valori Mobiliare a Statelor Unite (SEC), cerand ca pietele de NFT sa fie excluse de la reglementarile prevazute de legislatia valorilor mobiliare. Scrisoarea a fost adresata pe 9

OpenSea Asks SEC for Clarification on NFT Regulation

OpenSea Asks SEC for Clarification on NFT Regulation

OpenSea, one of the largest non-fungible token (NFT) marketplaces, has formally submitted a request to the U.S. Securities and Exchange Commission (SEC) to exempt NFT platforms from federal securities regulations. The letter was addressed on April 9 to Commissioner Hester Peirce, who heads the SEC’s Crypto Task Force.

China Sells Seized Bitcoin Through Private Firms, Dodging Crypto Ban

China Sells Seized Bitcoin Through Private Firms, Dodging Crypto Ban

Local governments in China are turning to private companies to sell confiscated cryptocurrencies, bypassing the country’s ban on digital asset trading. This practice arises amid a legislative void that lacks clear guidelines for managing seized crypto assets, leading to non-transparent and risky approaches. According to Reuters, local authorities sold