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The Crypto Cleanup: South Africa’s New Bid to Exit FATF’s Grey List


South Africa’s Financial Intelligence Centre has issued Directive 9, requiring digital asset platforms to collect and store identity information for cryptocurrency transactions. New Rules Force Crypto Platforms to Track User Identities A South African financial intelligence unit has issued...

Gensler’s Anticipated Exit Raises Questions: Who Will Lead the SEC Next?


SEC Chair Gary Gensler is expected to resign before completing his term, sparking debate over his successor and the potential impact on cryptocurrency oversight and regulation. Speculation Mounts Over Gensler’s Resignation and His SEC Successor Discussion about the next U.S. Securities and Exchange...

Is Gensler Resigning: SEC Chair’s Cryptic Remarks Ignite Exit Speculation


SEC Chair Gary Gensler’s reflection on his tenure has fueled speculation he may step down before Trump’s administration can move to replace him. ‘It’s Been a Great Honor to Serve…’ U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler reiterated the agency’s focus...

Close, Exit, Cancel: How to End User Interactions Well


What’s in a word? Actions. In the realm of user interfaces, a word is construed as the telltale of a control’s action. Sometimes it points us in the correct direction, and sometimes it leads us astray. We talk a lot … Close, Exit, Cancel: How to End User Interactions Well originally...

Matter Labs Restructures, Cuts 16% of Workforce Amid Strategy Shift


Matter Labs, a key player in the crypto industry, is restructuring, resulting in a 16% workforce reduction. The decision, made to align with evolving market demands and internal strategy shifts, was difficult but necessary, according to the CEO Alex Gluchowski. Departing employees will receive...

Crypto Hacks and Scams Cost $300 Million in August


In August, approximately $310.9 million was lost to exploits, hacks, and scams. However, digital assets worth $10.3 million were recovered, resulting in a net loss of $300.6 million. According to the security firm Certik, this is the second-highest monthly loss in 2024 so far. While May had...

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