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Failure to ‘Properly’ Regulate Crypto Has Cost Ukraine $49bn – Study


Source: Vaksmanv/Adobe Ukraine’s failure to adequately regulate the crypto sector cost the nation just shy of $49 billion in the period 2016 to 2022, a study has found. The study was carried out by Ukraine Economic Outlook, in association with the crypto exchange Kuna and an industry group named...

House Approves Amendment to Limit SEC’s Crypto Enforcement Authority


The U.S. House of Representatives has approved an amendment to the Financial Services and General Government Appropriations Act that limits the authority of the U.S. Securities and Exchange Commission (SEC) to carry out enforcement actions against the crypto industry. “Gary Gensler is...

Report: Devs Worked Nights And Weekends To Rush Modern Warfare III Out


Call of Duty: Modern Warfare III’s single-player campaign was panned by critics when it released early on November 2. Reviewers hit it with low scores and said it felt short, rushed, and incomplete. Now Bloomberg reports that the game was rushed out in half the time of a normal Call of Duty sequel...

Meet The Star Wars Game That Feels Like It's Never Coming Out


Back in 2021, developer Zynga (FarmVille, Words With Friends) unveiled a squad-based, Overwatch-like hero shooter using the Star Wars license. Dubbed Star Wars: Hunters, this free-to-play PvP experience was originally slated to launch later that year, but was delayed to 2023 in July 2022. Now,...

NEAR Foundation rolls out NEAR Data Availability layer


NEAR Foundation has successfully introduced the NEAR Data Availability (NEAR DA) layer. Being a segment of the NEAR Open Web Stack, NEAR DA is a landmark innovation providing healthy and cost-effective data accessibility with regard to ETH rollups and Ethereum developers. NEAR DA is being delivered...

Binance Unveils Web3 Wallet to Promote “Self Sovereign Finance”


Source: Adobe Digital asset exchange Binance has rolled out a web3 wallet to offer a simplified gateway to self-custody for its users. The company announced the wallet’s launch at the Binance Blockchain Week Conference in Istanbul highlighting that it can be integrated across 30 blockchain networks...

South Korean Police Swoop on Suspected Crypto Scam, Arrest 25


South Korean police have shut down a firm at the center of a suspected crypto scam that allegedly duped 4,000 people out of their funds, arresting 25 people. Per Maeil Shinmun, the firm is thought to have amassed almost $14 million worth of fiat and crypto from its customers, with suspects detained...

Bank of England and UK’s FCA Propose Plans to Regulate Stablecoins


The UK’s central bank and the financial regulator have both proposed plans to regulate stablecoins in discussion papers, published Monday. The Bank of England (BoE) revealed that the regulatory measures focus on sterling-denominated stablecoins. This is because they have...

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