News with the tag "Nova Labs"

The SEC has charged Nova Labs with fraud, alleging it misled investors about corporate partnerships and conducted unregistered crypto asset offerings, violating federal securities laws. SEC Accuses Nova Labs of Crypto Fraud in Gensler’s Final Act The U.S. Securities and Exchange Commission (SEC) has...

The U.S. Securities and Exchange Commission (SEC) has again cracked down on Nova Labs under Gary Gensler’s leadership. Recently, the SEC filed a lawsuit against Nova Labs, the creator of the open-source Helium Network. The lawsuit alleged the company sold unregistered products and misled investors a...

The United States Securities and Exchange Commission (SEC) has charged Nova Labs, the firm behind the open-source Helium Network, with defrauding investors just days before SEC chair Gary Gensler steps down on January 20. The SEC claims that Helium’s Nova Labs broke several statutes and intends to h...

The SEC's filing against Nova Labs came just days before Gary Gensler, SEC chair and crypto critic, is set to step down from leading the agency.

This week’s Crypto Biz explores Coinbase’s earnings, Reddit’s sale of crypto holdings and Circle’s new fee structure for institutional investors and high-volume traders.

Nova Labs cuts off nearly 40% of its workforce in August, focusing its attention on Helium’s crypto network.

The Nova Labs layoffs affected about 105 employees because the company was supposedly refocusing on its core cellular business and crypto-centered phone plans.

A Solana-based (SOL) wireless crypto project is skyrocketing after partnering up with a telecom firm. In a new press release, Nova Labs, the team behind Helium Mobile (MOBILE), says it’s collaborating with Spanish telecom firm Telefónica to launch mobile hotspots in select parts of Mexico. According...

Blockchain startup Nova Labs has announced the launch of a new phone plan that offers users unlimited text, talk, and data at just $5 per month. In a Tuesday press release, Nova Labs said that the plan will initially be available only to residents of Miami or those who have received an invitation to...