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11 months agoTether Bolsters Efforts to Combat Illicit Crypto Activities Through Enhanced Collaboration with Law Enforcement
Tether, the stablecoin issuer, is intensifying its efforts to combat illicit crypto activities through enhanced collaboration with law enforcement agencies. The company has shared letters sent to members of the…
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11 months agoTether Freezes $435M USDT for U.S. Authorities in Bid to Strengthen Dollar Dominance
Tether, the world’s largest stablecoin issuer, has reportedly frozen $435 million USDT (USD-pegged tokens) for the U.S. Department of Justice (DOJ), Federal Bureau of Investigation (FBI), and Secret Service. The C…
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11 months agoMillions of Dollars Worth of NFTs Stolen in Security Breach on Peer-to-Peer Trading Platform
A peer-to-peer trading platform called NFT Trader recently experienced a security breach, resulting in the theft of millions of dollars worth of nonfungible tokens (NFTs). The incident was confirmed by NFT Trader…
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11 months agoCardano Community Issues Warning About Crypto Scam Targeting ADA Holders
The Cardano community has been alerted to a crypto scam targeting ADA holders. The scam involves a malicious Berry Pool scam event, where members are lured with fake NFTs and promises of ADA token rewards. The…
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11 months agoSEC Chair Accused of Gaslighting Public in Coinbase Legal Dispute
In the ongoing legal dispute between Coinbase Global Inc. and the U.S. Securities and Exchange Commission (SEC), the XRP holder’s lawyer, John Deaton, has accused the SEC’s top official, Gary Gensler, of ‘ga…
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11 months agoIMF Chief Calls for Crypto Regulations to Safeguard Financial Stability
The head of the International Monetary Fund (IMF) has called for regulations on cryptocurrencies, citing the risks they pose to financial stability. Speaking at a conference in Seoul, IMF Managing Director…
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11 months agoWarning: Multiple DApps Affected by Security Breach in Ledger Library
Ledger, a popular cryptocurrency hardware wallet provider, recently addressed a security vulnerability that affected multiple decentralized applications (DApps) on its platform. The vulnerability stemmed from a…
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11 months agoRipple's Chief Legal Officer Predicts Resolution of SEC Lawsuit and Regulatory Deadlock in 2024
Ripple’s Chief Legal Officer, Stuart Alderoty, has provided insights into the future of the cryptocurrency landscape, specifically focusing on 2024. He discussed predictions regarding Ripple’s ongoing legal dis…
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11 months agoCoinbase Challenges SEC's Denial of Digital Asset Regulations, Files Petition for Judicial Review
In a recent development in the ongoing dispute between Coinbase and the US Securities and Exchange Commission (SEC), the SEC has officially denied Coinbase’s request for new regulations regarding digital assets. I…
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11 months agoGrayscale Evaluates Tax Implications of Spot Bitcoin ETF Amidst Inaccurate Reports
Grayscale, a prominent cryptocurrency investment firm, is currently assessing the potential tax implications surrounding spot Bitcoin exchange-traded funds (ETFs). This evaluation comes in response to inaccurate…
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11 months agoDushyant Bhatia appointed as Head of Key Clients and Family Offices at LGT Private Banking in Dubai
LGT Private Banking has appointed Dushyant Bhatia as the head of key clients and family offices in Dubai. Bhatia, who previously worked as the managing director at Bank of Singapore (BoS) in Dubai for over eight…
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11 months agoBlackRock Unveils AI Co-Pilot and Advances Bitcoin ETF Talks
BlackRock, a prominent investment management company, has made headlines this week with two major developments in the world of technology. Firstly, the company has unveiled its new AI tool, which is set to act as a…
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11 months agoKazakhstan's Digital Tenge Pilot Project Declared a Success, Sets Stage for Future Enhancements
The digital tenge, Kazakhstan’s central bank digital currency (CBDC), has successfully completed a month-long pilot project. The pilot run involved various initiatives, including providing schoolchildren with f…
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11 months agoCoinbase Plans Legal Action Against SEC Over Denial of Regulatory Rules for Cryptocurrency Transactions
Coinbase, the popular cryptocurrency exchange, plans to take legal action against the U.S. Securities and Exchange Commission (SEC) after the regulator rejected Coinbase’s petition for specific regulatory rules f…
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11 months agoEthereum Community Approves Groundbreaking ERC-3643 Standard for Compliant Tokenization
The Ethereum community has approved the ERC-3643 standard, which is the first-ever standard designed specifically for compliant tokenization. This new standard improves upon the widely used ERC-20 standard,…
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11 months agoSEC Holds Discussions with Asset Managers on Spot Bitcoin ETF Approval
The Securities and Exchange Commission (SEC) has engaged in discussions with asset managers regarding the potential approval of a spot Bitcoin exchange-traded fund (ETF) in the United States. The recent meetings…
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11 months agoSafeMoon DeFi Protocol Files for Bankruptcy Amidst Criminal Charges and Token Price Plummets
Decentralized finance (DeFi) protocol SafeMoon has filed for Chapter 7 bankruptcy following the arrest of its executives and criminal charges in the United States. The filing has resulted in a significant drop in…
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11 months agoSEC Denies Coinbase's Petition for Cryptocurrency Securities Rulemaking
The United States Securities and Exchange Commission (SEC) has denied a petition from Coinbase, a cryptocurrency exchange, for a rulemaking on transactions involving cryptocurrencies that are considered securities.…
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11 months agoTether Freezes Hacker's Wallet Address Amidst Security Concerns on Ledger Platform
Tether, the popular stablecoin issuer, has taken action against hackers who exploited the Ledger network. The addresses of the attackers have been frozen, preventing them from accessing the funds they stole.…
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11 months agoCentral Bank Governor Urges Development of CBDCs to Counter Stablecoin Threat
Bank of Korea Governor Chang-yong Rhee has expressed concerns about the rise of stablecoins and their potential impact on central bank money and monetary policies. Speaking at a conference on digital money in…
