Coinbase, a United States-based cryptocurrency exchange, has recently obtained a Major Payment Institution (MPI) license from the Monetary Authority of Singapore. This license enables the company to expand its digital payment token services to individuals and institutions in the country. The license also allows Coinbase to conduct payment services without being subjected to transaction limits […]
Bitcoin prices have surged to a new high of $28,000 during the Monday morning Asian trading session. Analyst ‘CrediBULL Crypto’ said that the move was expected and could have significant implications if it holds over the next couple of days. Will Clemente added that BTC was trading at major technical indicators at this level.Ethereum has […]
September has been a disastrous month for crypto-related exploits, with a total of $329.8 million stolen. The most significant contributor to this figure was the Mixin Network attack, which resulted in a loss of $200 million. Other major incidents included the CoinEx and Stake.com attacks, resulting in losses of $53 million and $41 million respectively. […]
The North Korean hacking collective Lazarus Group has been using a new type of “sophisticated” malware, LightlessCan, as part of its fake employment scams. According to ESET’s senior malware researcher Peter Kálnai, LightlessCan is a “significant advancement” compared to its predecessor BlindingCan, as it mimics the functionalities of a wide range of native Windows commands, […]
The JPEX saga continues with the latest development of 18 suspects being arrested in Hong Kong and Macau in connection with the crypto exchange case. A total of $2.8 million has been seized in both cash and gold.Charges have been filed against two individuals in Hong Kong for allegedly using Macau casinos to launder illicit […]
At the Bitmain World Digital Mining Summit (WDMS) in Hong Kong, the common narrative around miners’ handling of block rewards and its effect on Bitcoin’s price was challenged. Jeff Taylor of Core Scientific revealed that they have built a 10,000 Bitcoin hoard and sell their Bitcoin production each day. This insight debunked the belief of […]
Honda Motor Co., a Tokyo-based manufacturer of automobiles, motorcycles, and power equipment, has partnered with the blockchain payment system FCF Pay to allow clients to lease or purchase company products in digital currencies instead of fiat. The accepted assets include Bitcoin (BTC), Ether (ETH), Ripple (XRP), Shiba Inu (SHIB), Binance Coin (BNB), Polkadot (DOT), Pepe […]
Zhu Su, co-founder of the now-bankrupt Three Arrows Capital (3AC), has been arrested in Singapore, according to a tweet from online news aggregator db. The reason behind the arrest and the nature of any charges brought are currently unknown.3AC’s downfall was a shocking event in the crypto industry, given its prominent position and substantial investment […]
An unnamed individual in China was fined 1.06 million Yuan ($144,907) for using a virtual private network (VPN) to access restricted websites as part of a remote work routine for a foreign employer. Chinese law prohibits the use of VPNs to bypass the country’s “Great Firewall” that blocks popular sites such as Google, Wikipedia, and […]
Michael Egorov, the founder of decentralized finance (DeFi) protocol Curve, has recently settled his loans on the lending platform Aave, reducing his debt position to $42.7 million across other DeFi protocols. According to the on-chain analytics platform Lookonchain, the Curve founder deposited 68 million CRV tokens, worth $35.5 million, to lending protocol Silo and borrowed […]
