Rootoshi
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11 months, 2 weeks agoSecurity Update: Ledger Connect Kit Addresses Cyber Attack with Swift Containment Measures
A recent security issue in the Ledger Connect Kit library has put users of Ledger, a prominent hardware wallet company in the cryptocurrency industry, at risk. The malicious version of the software allowed…
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11 months, 2 weeks agoLedger's Connector Library Compromised, Leading to Crypto Wallet Exploits
A security vulnerability in Ledger’s Connector library has led to a major security breach in the crypto community. Attackers were able to replace a genuine version of the library with a malicious file, resulting i…
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11 months, 2 weeks agoPhilippines SEC Chair Announces Plans to Block and Ban Binance within Three Months
The Philippines Securities and Exchange Commission (PSEC) is taking steps to block and ban Binance, a cryptocurrency exchange, within three months. The commission issued an advisory warning users about Binance’s s…
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11 months, 2 weeks agoPositive Economic Indicators Show Strong Growth and Decrease in Unemployment
Despite popular predictions of an impending recession, the data continues to tell a different story. The annualized growth of the gross domestic product in the third quarter was a staggering 5.2%, the fastest pace…
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11 months, 2 weeks agoIMF Managing Director Urges Comprehensive Crypto Regulations for Financial Stability
Kristalina Georgieva, the Managing Director of the International Monetary Fund (IMF), has highlighted the urgent need for comprehensive regulations in the cryptocurrency industry. Speaking at a panel discussion…
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11 months, 2 weeks agoDOJ Indicts Four Individuals in $80 Million Cryptocurrency Scam
The Department of Justice (DOJ) has recently targeted four individuals involved in an $80 million cryptocurrency investment scam. The scheme involved laundering over $20 million through shell companies. The…
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11 months, 2 weeks agoZurich Startup Rulematch Partners with Luzerner Kantonalbank to Launch Exclusive Crypto Trading Platform for Financial Institutions
A former top manager of Credit Suisse and Bitcoin Suisse has launched a new cryptocurrency trading platform called Rulematch, with the support of Luzerner Kantonalbank. The Zurich-based startup is exclusively…
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11 months, 2 weeks agoBasel Committee Proposes Measures to Enhance Stability of Stablecoins
The Basel Committee on Banking Supervision, a part of the Bank for International Settlements (BIS), has proposed measures to enhance the stability of stablecoins. These measures aim to refine prudential standards…
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11 months, 2 weeks agoTeylor and Taurus Partner to Tokenize SME Loans and Provide Monthly Cashflows
Teylor, a German fintech firm, has partnered with digital asset infrastructure provider Taurus to tokenize small and medium enterprise (SME) loans. Through Teylor’s credit platform, SME loans will be originated a…
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11 months, 2 weeks agoZurich-based Asset Manager Holinger Expands Team with Senior Portfolio Manager
Zurich-based asset manager Holinger has expanded its team with the addition of a new portfolio manager. Leonardo Spangaro has been hired as a senior portfolio manager at Holinger Asset Management, specializing in…
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11 months, 2 weeks agoTMX Group to Acquire VettaFi, Expanding into Blockchain ETFs
TMX Group, the operator of Canadian stock exchanges, is set to acquire VettaFi, a major player in the exchange-traded fund (ETF) industry. The deal, valued at $1.03 billion, will see TMX Group acquire the remaining…
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11 months, 2 weeks agoTeylor and Taurus Collaborate to Launch Blockchain-Based Securities for SME Lending
Teylor, a European SME lending company, and Taurus, a crypto startup, have joined forces to launch a blockchain-based security that aims to make SME loans accessible as an asset class. Previously, it has been…
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11 months, 2 weeks agoRussia Explores Allowing Crypto Miners to Export Digital Coins as Products
Russia is considering a new proposal that would allow cryptocurrency miners to categorize the digital coins they generate as export products. This potential shift in regulation could create a framework for…
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11 months, 2 weeks agoUS National Debt Soars to $34 Trillion, Raising Concerns of Economic Sustainability
The US national debt has skyrocketed by $6.7 trillion in just three years, reaching a staggering total of nearly $34 trillion. This alarming increase raises concerns about the country’s fiscal health and economic s…
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11 months, 2 weeks agoFormer Credit Suisse Research Head Joins Lombard Odier as Investment Chief for EMEA
Lombard Odier, the Geneva-based private bank, has hired Nannette Hechler-Fayd’herbe, a former research leader at Credit Suisse. She will be working for her former boss, Michael Strobaek, as the Head of Investment S…
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11 months, 2 weeks agoNew Accounting Rules Open Doors for Bitcoin Integration on Corporate Balance Sheets
The Financial Accounting Standards Board (FASB) has recently adopted new accounting rules for Bitcoin, which will have a significant impact on corporate finance. These rules, effective from fiscal years beginning…
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11 months, 2 weeks agoBasel Committee Proposes Measures to Safeguard Stablecoins in Banking Sector
The Basel Committee on Banking Supervision, a regulatory body comprised of central banks and financial authorities, has proposed measures to adjust its standard on banks’ exposure to cryptoassets. The committee p…
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11 months, 2 weeks agoSwiss Payment System Launches Instant Payment, Revolutionizing Transactions
The introduction of Instant Payment in the Swiss payment system is expected to be the biggest change since the introduction of QR codes on invoices. The Swiss National Bank (SNB) and SIX subsidiary Swiss Interbank…
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11 months, 2 weeks agoCoinW Expands Presence in MENA Region with Strategic Moves in Dubai and Saudi Arabia
CoinW, the world’s pioneering cryptocurrency exchange, has recently strengthened its presence in the Middle East and North Africa (MENA) region. The company participated in two industry events, the DATE Fintech S…
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11 months, 2 weeks agoPhilippine SEC Head Clarifies Three-Month Ban on Binance and Other Unregistered Exchanges
The head of the Philippine Securities and Exchange Commission, Kelvin Lee, has clarified that the ban on cryptocurrency exchange Binance will come into effect three months after the advisory was issued. The…
