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Day: December 20, 2023

  1. Home
  2. 2023
  3. December
  4. 20
  5. Page 2
  • bob
  • 2023-12-20
  • Cryptocurrency Market Analysis
  • Cryptocurrency Regulations
  • Financial Scams and Security
  • World

Ledger to Fully Compensate Victims of $600K ConnectKit Exploit and Disable Blind Signing for EVM dApps by June 2024

Hardware wallet provider Ledger has announced that it will fully compensate users who were impacted by a recent vulnerability in its ConnectKit library. The compromise resulted in the theft of approximately $600,000 in digital assets from users who blind-signed on Ethereum virtual machine (EVM) decentralized applications (dApps). Ledger has committed to reimbursing the affected individuals […]

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  • bob
  • 2023-12-20
  • Company News
  • Cryptocurrency Regulations
  • Europe
  • Regulatory Developments

Ripple Establishes EU Base in Ireland Ahead of Crypto Regulation Rollout

Ripple, a leading digital asset company, has chosen Ireland as its base in the European Union (EU) in preparation for the implementation of the EU’s Markets in Crypto-Assets (MiCA) regulation. This move demonstrates Ripple’s commitment to compliance and its readiness to adapt to evolving digital asset regulations.By registering with the Central Bank of Ireland as […]

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  • bob
  • 2023-12-20
  • Cryptocurrency Regulations
  • Fintech and Blockchain Startups
  • North America
  • Regulatory Developments

International Securities Regulators Issue DeFi Policy Recommendations to Safeguard Investors and Market Integrity

The International Organization of Securities Commissions (IOSCO) has released a report providing policy recommendations for Decentralized Finance (DeFi). The aim is to address potential risks to market integrity and investor protection in the wake of recent incidents that caused harm to investors and led to the failure of DeFi platforms.The report emphasizes that DeFi activities […]

Read More
  • bob
  • 2023-12-20
  • Cryptocurrency Regulations
  • Fintech and Blockchain Startups
  • North America
  • Regulatory Developments

International Securities Regulators Issue DeFi Policy Recommendations to Safeguard Investors and Market Integrity

The International Organization of Securities Commissions (IOSCO) has released a report providing policy recommendations for Decentralized Finance (DeFi). The aim is to address potential risks to market integrity and investor protection in the wake of recent incidents that caused harm to investors and led to the failure of DeFi platforms.The report emphasizes that DeFi activities […]

Read More
  • bob
  • 2023-12-20
  • Company News
  • Cryptocurrency Innovations
  • Fintech and Blockchain Startups
  • North America

Solend Expands to Sui Blockchain, Boosting DeFi Momentum

Solend, the leading lending and borrowing protocol on Solana, has announced its upcoming launch on the Sui blockchain. This marks Solend’s first expansion onto a blockchain other than Solana and demonstrates their confidence in Sui’s technology and potential as a long-term partner. Solend currently has over $140 million in total value locked (TVL) and supports […]

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  • bob
  • 2023-12-20
  • Company News
  • Europe
  • Market Analysis and Predictions
  • Mergers and Acquisitions (M&A)

Swiss Financial Managers Achieve Rare Success in Spac Industry

Two well-known financial managers in Switzerland have successfully brought a Spac shell company to fruition, a feat that many of their competitors have not been able to achieve. VT5, the first and only Swiss Spac shell company, completed its listing just before the end of the year and ahead of the deadline. It recently took […]

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  • bob
  • 2023-12-20
  • Company News
  • Investment Insights
  • Sustainable Finance
  • World

LGT Wealth Management Appoints Siobhan Archer as Global Stewardship Lead

Siobhan Archer has been promoted to the position of global stewardship lead at LGT Wealth Management. In her new role, Archer will be responsible for overseeing the firm’s stewardship strategy, which includes activities such as voting, engagement, and policy advocacy. She will also provide strategic input on LGT’s net-zero, biodiversity, and human rights initiatives, and […]

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  • bob
  • 2023-12-20
  • Central Bank Actions
  • Company News
  • Europe
  • Market Updates

Smaller Swiss Banks Follow Suit as Major Bank Eliminates Account Fees

The Zurich Cantonal Bank (ZKB) has announced its plans to eliminate various account and card fees starting in 2024. This move comes as a response to the ongoing digitization in the banking industry, where the cost of maintaining a regular account should be minimal. While these fees may only amount to around 50 Swiss francs […]

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  • bob
  • 2023-12-20
  • Company News
  • Cryptocurrency Innovations
  • Europe
  • Regulatory Developments

Ripple Registered with Ireland’s Central Bank, Expands Services in Europe

Ripple, the blockchain enterprise, has been registered with Ireland’s Central Bank, allowing it to offer digital asset services in the country. This move positions Ripple to expand its services across the European Economic Area once the Markets in Crypto Assets Regulation takes effect in late 2024.Ripple has already established a presence in Ireland, opening an […]

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  • bob
  • 2023-12-20
  • Company News
  • Mergers and Acquisitions (M&A)
  • North America

Adobe Cancels Acquisition of Figma Due to Regulatory Hurdles

The mediation process in Switzerland regarding the abusive dismissal of trade unionists has been put on hold. Federal Councillor Guy Parmelin has made the decision to suspend the process, stating that a mutually agreed solution is currently not feasible. The Federal Department of Economic Affairs, Education, and Research (WBF) released a statement on Monday, explaining […]

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