Search
Hong Kong Cyberport Web3 network grows to 270 blockchain firms
20.11.2024
Cyberport’s rapid growth includes over 270 Web3 enterprises and initiatives for real-world blockchain applications in Hong Kong
Hong Kong Exposes Crypto Firms Misrepresenting as Licensed Banks
16.11.2024
The Hong Kong Monetary Authority (HKMA) has issued a warning about the misuse of the term “bank” by overseas crypto firms operating in Hong Kong, cautioning the public to verify the legitimacy of such claims. The HKMA observed that two crypto firms, which are not licensed banks in Hong Kong...
Hong Kong warns against crypto firms misrepresenting as ‘bank’
15.11.2024
Hong Kong’s central bank said that it’s illegal for unlicensed companies to represent themselves as banks in Hong Kong.
Crypto firms push for SEC changes, crypto out of courts
13.11.2024
After securing a Republican Senate and a pro-crypto White House, crypto firms are now pushing for reforms at the SEC
North Korean hacker BlueNoroff targets crypto firms with new malware
8.11.2024
According to cybersecurity firm Recorded Future, North Korean hacker groups have stolen approximately $3 billion in funds since 2017
Nigerian Crypto Crackdown: Two More Firms Convicted, Forced to Cough Up $30,000
8.11.2024
A Nigerian court has convicted two more cryptocurrency firms, Egomsinachi Road Autos Limited and Chimera Log & Haulage Services Limited, for conducting unauthorized USDT-to-naira transactions. As a result, they’ve been ordered to transfer nearly $30,000 to the federal government....
UAE and Chinese Investment Firms Partner on Ethiopian Energy Infrastructure Project
7.11.2024
Hodler Investments and GCL Energy Investment have partnered to develop a distributed energy infrastructure project in Ethiopia to power next-generation data centers. Boosting Ethiopia’s Data Center Market The United Arab Emirates (UAE) investment firm Hodler Investments has partnered with...
CLS Global Clarifies Position Amid SEC, FBI, DOJ Takedown of Fraudulent Crypto Firms
7.11.2024
In response to recent actions by a U.S. prosecutor and the U.S. Securities and Exchange Commission (SEC) against…
Abu Dhabi Firms Launch Investment Fund to Tokenize U.S. Treasury Bill ETFs
1.11.2024
Two Abu Dhabi firms, Realize and Neovision Wealth Management, have launched a fund that tokenizes U.S. Treasury bill exchange-traded funds. The fund aims to attract investors from the Gulf, Europe, and Southeast Asia. Southeast Asia Investors to Dominate Fund Abu Dhabi firms Realize and Neovision...
SEC cost crypto firms $426M under Gensler — Blockchain Association
31.10.2024
The advocacy group called for crypto voters to support a change in leadership at the SEC, given Gary Gensler’s “regulation by enforcement” approach since 2021
SEC cost crypto firms $426M under Gensler — Blockchain Association
31.10.2024
The advocacy group called for crypto voters to support a change in leadership at the SEC, given Gary Gensler’s “regulation by enforcement” approach since 2021
MyTrade Head First to Plead Guilty Among Group of Firms Accused of Gaming Markets
30.10.2024
The U.S. Department of Justice said it secured a guilty plea from the operator of crypto "market maker" MyTrade, which was one target in a wide-ranging sting that brought manipulation charges to multiple firms and individuals earlier this month
As Hong Kong Firms Downsize, Animoca Built a Workspace the Size of 10 Tennis Courts
29.10.2024
As law firms and traditional finance companies cut back on office space, Yat Siu's Animoca is taking advantage of the renter’s market to expand its headquarters, reinforcing its commitment to Hong Kong as a global Web3 and digital culture hub
FINRA Warns Member Firms of Metaverse Adoption Challenges
27.10.2024
The Financial Industry Regulatory Authority has released a report highlighting the potential benefits and risks of the metaverse for the securities industry. The report emphasizes the importance of addressing challenges identified to ensure the responsible and ethical development of metaverse...
A New Approach to Analyzing Operational Efficiency of Bitcoin Mining Companies
26.10.2024
Discover how Bitcoin mining companies are navigating operational efficiency amid global layoff trends by examining their G&A expenses relative to revenue. Analyzing the Operational Efficiency of Mining Firms Like MARA, CLSK, RIOT, and Other Top Miners The following guest post comes from...
8 Chinese Firms Exposed in High-Stakes Crypto Laundering Operation
26.10.2024
Indictments reveal how eight Chinese firms used cryptocurrency to obscure profits from illegal chemical sales. US Indicts Chinese Firms Using Cryptocurrency in Illicit Trade The U.S. Department of Justice (DOJ) has unsealed indictments against eight China-based chemical companies and employees...
UK crypto rules unclear for firms avoiding Europe’s MiCA regulation
23.10.2024
While some industry execs believe that MiCA could trigger a shift from the EU to the UK, others question the UK’s unclear crypto regulations
UK crypto rules unclear for firms avoiding Europe’s MiCA regulation
23.10.2024
While some industry execs believe that MiCA could trigger a shift from the EU to the UK, others question the UK’s unclear crypto regulations
Nigeria Receives Nearly $100,000 From Unlicensed Crypto Firms
16.10.2024
The Nigerian government received nearly $100,000 from two cryptocurrency firms accused of conducting unlicensed conversions of tether (USDT) to naira and vice versa. The two Nigerian cryptocurrency firms, Paparaxy Global Ventures Limited and Lemskin Technologies Limited were accused of operating...
NYDFS chief’s advice for crypto firms: ‘Never surprise your regulator’
15.10.2024
Adrienne Harris, the head of the New York State Department of Financial Services, has been called the most powerful crypto regulator in the United States.