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The case was previously dismissed on February 28, after Judge Amon ruled that Heart’s activities were not explicitly targeted at U.S. investors, thus falling outside the SEC’s jurisdiction.

Heart Declares Victory Over SEC

Heart took to X (formerly Twitter) on April 22 to announce that HEX, PulseChain, and PulseX had fully defeated the SEC. He described the case dismissal as a major win for open-source software, cryptocurrency, and free speech, noting that “the SEC actually sued software code itself in this case.”

The SEC originally sued Heart in July 2023, alleging he raised over $1 billion through unregistered securities offerings via HEX, PulseChain (PLS) and PulseX (PLSX).

Despite Interpol issuing a Red Notice for Heart in December 2024, and allegations of tax evasion in Finland, the case has now been dropped without further filings—marking one of the rare complete losses for the SEC in crypto litigation.

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The post SEC Won’t Refile Fraud Case Against Richard Heart! appeared first on Coin Engineer.

The White House AI and crypto czar David Sacks says Meta’s release of its latest AI model, Llama 4, has pushed the United States into the lead in the global artificial intelligence race.

“For the US to win the AI race, we have to win in open source too, and Llama 4 puts us back in the lead,” Sacks said in an April 5 X post, as speculation continues to mount over the US and China competing for the top spot in the global AI race.

Sacks has been vocal about the AI race since taking on his role following US President Donald Trump’s inauguration on Jan. 20. Just over a week into the job, Sacks said he is “confident in the US, but we can’t be complacent.”

Llama 4 “Best in Their Class for Multimodality,” Says Meta

Sack’s latest comment came after Meta’s AI division said in an X post on the same day that it is introducing the fourth generation of its Llama models: Llama 4 Scout and Llama 4 Maverick.

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“These are our most advanced models yet and the best in their class for multimodality,” Meta said.

Meta said its Llama 4 Scout model has 17 billion active parameters and uses 16 experts.

The company claims it outperforms rival large language models — Gemma 3, Gemini 2.0 Flash-lite, and Mistral 3.1 — “across a broad range of widely accepted benchmarks.”

Meanwhile, Llama 4 Maverick also has 17 billion active parameters but is configured with 128 experts. Meta claimed the Maverick model can outperform GPT-4o and Gemini 2.0 Flash “across a broad range of widely accepted benchmarks.”

It also said Maverick can perform similarly to DeepSeek v3 on “reasoning and coding tasks” despite using only half the active parameters.

Zuckerberg’s Vision Arrives Early

Less than a year ago, in July 2024, Meta CEO Mark Zuckerberg said that in 2025, he expects Llama models to become “the most advanced in the industry.” It has been just over two years since Meta first released the limited version of Llama 1 in February 2023.

At the time, Meta said it was “blown away” by the demand, receiving over 100,000 requests for access.

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While acknowledging the benefits of the Lightning Network (LN) in enabling faster and cheaper Bitcoin transactions, Ark Labs highlights the need for channel management and liquidity as a barrier to entry. This often pushes users towards custodial LN wallets, sacrificing self-custody for convenience.

The Ark Protocol: A Simplified Layer 2 Solution

Proposed in 2023, the Ark protocol offers an alternative Layer 2 scaling solution for Bitcoin. It operates alongside the Lightning Network, aiming to provide a more user-friendly experience while preserving self-custody.

Unlike the Lightning Network, users within the Ark ecosystem don’t require managing payment channels or inbound/outbound liquidity. Additionally, setting up personal nodes becomes unnecessary. Transactions can be sent and received using just a light wallet on a smartphone, according to the Ark Labs team.

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How Ark Works

The Ark network relies on Ark Service Providers (ASPs) that users connect to through Ark-compatible wallets. ASPs function as trustless servers. Upon receiving a deposit, they issue “virtual transactions” to users. These virtual transactions can be:

Transferred at minimal cost between users within the same ASP.

Sent to users on different ASPs via the Lightning Network.

Redeemed directly on the Bitcoin blockchain at any time.

“By enabling on-chain redemption, users retain full control over their funds even if their chosen ASP goes offline,” the Ark Labs team emphasizes. ASPs have the ability to collect transaction fees from users making payments within the Ark layer.

Open-Source Development and Commercial Applications

Ark Labs operates under the leadership of experienced Bitcoin developers and receives funding through a grant from bitcoin-native financial services firm Vulpem Ventures. The company will manage an open-source implementation of the Ark protocol, allowing anyone to build ASPs or Ark-enabled wallets.

Several commercial services leveraging the Ark protocol are already under development by Ark Labs, with the first expected to launch later in 2024.

“It’s evident that Bitcoin needs more scaling solutions,” said Cory Klippsten, CEO of Swan Bitcoin and an advisor to Ark Labs. “We’re constantly evaluating new technologies that can improve our Bitcoin services, and Ark is at the forefront. We’re excited to explore ways to integrate Ark to offer users more options for efficient deposits, withdrawals, and payments.”

The post Ark Labs Launches to Build New Self-Custodial Bitcoin Layer 2 Network appeared first on Coin Engineer.

How To Buy BRC-20 Token?

The main way to buy BRC-20 tokens is through the Unisat Wallet application and extension. Unisat Wallet is the first open-source wallet for Ordinals that enables the Bitcoin network. We will use this wallet to buy BRC-20 Tokens. First of all, we should download the application or extension on our devices. We will continue to talk about this over extension type. 

You can download the extension using Google Chrome Web Store. After that, you must set it as a normal cryptocurrency wallet like Metamask, Phantom, Keplr, etc. If you don’t have a Metamask wallet or any more, you can interact with the link below.

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We must click the “Create a new wallet” button. After that, the wallet will present our new screen. In this screen, we will see 12 phrases. We definitely should take these phrases as a note. Because if our device has a problem, we can keep our assets using them. In step 1 we must do them.

After completion of the phase, we will set network addresses, which we will use for trading, swapping in the Bitcoin network. There are available 4 types of network addresses. They are Native Segwit, Nested Segwit, Taproot, Legacy. The most important address is Taproot. Because we will use the address type for deposit and withdraw produces. Especially, if we want to deposit Bitcoin from CEXes, we must use only this address.

You don’t have to choose a custom HdPath and Phrase. You already had a new Bitcoin Wallet and you already were the network user. Congratulations!

We will face a new interface after setting the wallet. In there, we can deposit Bitcoin using the “Buy” button. At the same time, we can send BTC to other addresses and receive from them. We are saying again that you should use the Taproot address when depositing from CEXes. If you select the Segwit address, you must send your assets to Taprrot again. Because right now trading is enabled with that.

How To Use Unisat Marketplace?

You must click the second button below. In there, you will face 4 types of BRC-20 NFTs: Image, text, video, and audio. You can buy them using your BTCs. But the NFTs are selling using sats (satoshi).

How to Deposit Crypto on Unisat Wallet?

You can deposit crypto using any CEX (centralized exchanges) like Binance, OKX, Kucoin, Gate.io, etc. If you don’t have an account, you can click these exchange names. At the same time, you will get a %20 discount for paying fees as a special for CoinEngineer users. We will give an example of Binance. After creating a Binance account we will use our wallet in there. It is available with the “Withdraw” button. We will paste our Taproot address on there and choose BTC as a coin. After a minimum of 15-20 minutes assets will be on Unisat Wallet.

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The post How To Buy BRC-20 Token? appeared first on Coin Engineer.

By integrating game mechanics and incentives, GameFi aims to incentivize users to actively participate in the blockchain project, promoting engagement and loyalty. This innovative approach leverages the principles of both DeFi and gaming to create a unique and immersive user experience.

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Understanding GameFi

GameFi revolves around a simple concept: players enter virtual worlds, compete, level up and achieve success. All while earning valuable crypto assets and NFT’s. These digital rewards can be sold or exchanged on dedicated platforms, allowing players to transform their in-game accomplishments into real-world value. Moreover, in-game assets often come with special features that enhance gameplay and help players earn even more rewards.

Earning Opportunities

In the world of GameFi, players have various ways to earn rewards. Whether it’s completing quests, engaging in battles against other players, or constructing money-making structures within the game, the possibilities are massive. Some games take it up a notch by organizing tournaments and fostering a competitive environment where players can earn passive income without actively playing the game. This can be achieved through staking or lending their game assets to players.

The Rise of GameFi

As blockchain technology continues to advance, GameFi is experiencing a rapid upward trend. The attraction of owning valuable in-game assets and earning money while having fun has captured the attention of gamers worldwide. GameFi represents an innovative shift that bridges the gap between the virtual and real worlds, giving players financial incentives and true ownership over their digital possessions.

Most Popular GameFi Project: Axie Infinity

Axie Infinity is considered one of the earliest and most popular GameFi projects. It’s a game where you can collect and battle adorable creatures called Axies. These virtual pets live on the blockchain, which means their ownership and traits are securely stored.

Players can acquire Axies through various means, such as purchasing them or earning them as rewards. Once you have your Axes, you can train them, equip them with items, and send them into battles against other players or computer-controlled opponents.

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On Gitcoin, the focus is on funding projects that benefit everyone and don’t compete with each other. These projects are called “public goods.” They can be about things like clean air, infrastructure or privacy. However, most of the projects funded by Gitcoin are related to blockchain technology within the Ethereum system. For example, there are projects to translate Ethereum’s source material into different languages, make Gitcoin more decentralized and support educational content creators.

Gitcoin wants to attract talented developers to join their platform. They offer money as an incentive for developers to participate in hackathons, rewards and community grants. If a developer has a project they want to work on, they can submit it on Gitcoin and ask for funding from other contributors. They can also earn extra money through special funding opportunities that happen every three months using Gitcoin’s unique funding system.

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