Meme coins are not securities and, hence, aren't subject to federal laws regulating the financial instruments, according to the Securities and Exchange Commission. The agency has issued its official stance on meme coins, comparing them to collectibles, since their value is "derived from speculative trading and the collective sentiment of the market." Meme coins do not fit the defini [...]
Hackers claim a massive PayPal breach involving 15.8 million logins, although experts doubt authenticity, and the company insists it ties back to older incidents. [...]