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Day: October 29, 2023

  1. Home
  2. 2023
  3. October
  4. 29
Millions in Crypto Assets Stolen from LastPass Users in Recent Hack
  • bob
  • 2023-10-29
  • Cryptocurrency Market Analysis
  • Cryptocurrency Regulations
  • Financial Scams and Security
  • World

Millions in Crypto Assets Stolen from LastPass Users in Recent Hack

Users of the LastPass password manager application have suffered a significant loss of $4.4 million worth of crypto assets in a single day. This comes a year after LastPass disclosed a previous security breach where hackers gained access to its cloud storage keys and dual storage container decryption keys. The recent asset loss was discovered […]

Read More
FTX CEO Defends Actions in Testimony, Emphasizes Errors and Political Contributions
  • bob
  • 2023-10-29
  • Company News
  • Cryptocurrency Exchanges
  • Financial Scams and Security
  • North America

FTX CEO Defends Actions in Testimony, Emphasizes Errors and Political Contributions

Sam “SBF” Bankman-Fried, the CEO of FTX and Alameda Research, testified in his ongoing criminal trial in the Southern District Court of New York. He denied any wrongdoing between the two companies but admitted to making mistakes during their rapid growth.Bankman-Fried refuted claims that he directed his inner circle to make political donations, although he […]

Read More
Elon Musk’s X Payments Set to Revolutionize Banking by 2024
  • bob
  • 2023-10-29
  • Company News
  • Cryptocurrency Innovations
  • Fintech and Blockchain Startups
  • North America

Elon Musk’s X Payments Set to Revolutionize Banking by 2024

Elon Musk, the owner of X (formerly known as Twitter), recently revealed new details about the company’s planned payment services. During an all-hands staff meeting, Musk stated that the app will cover almost all areas of finance, including money, securities, and more. He emphasized that X aims to be more than just a platform for […]

Read More
Taiwan Introduces Bill to Regulate Crypto Industry and Protect Investors
  • bob
  • 2023-10-29
  • Asia
  • Cryptocurrency Regulations
  • Government Policies and Cryptocurrency Adoption
  • Regulatory Developments

Taiwan Introduces Bill to Regulate Crypto Industry and Protect Investors

Taiwan has introduced a new bill called the “Virtual Asset Management Regulations Draft” in an effort to regulate its growing virtual asset market. The bill aims to establish a comprehensive regulatory framework for the crypto industry, with the primary goal of protecting investors and maintaining financial stability. Currently, Taiwan only requires virtual asset service providers […]

Read More



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