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Velvet Capital, Backed by Binance Labs, Temporarily Offline Due to Phishing Attack Risk
23.4.2024
Recognizing the potential threat, Velvet Capital swiftly initiated internal investigations and issued a cybersecurity alert advising investors to refrain from approving wallet connection requests until further notice.
The post Velvet Capital, Backed by Binance Labs, Temporarily Offline Due...
$60 Million USDT Already Issued on TON, Making it 11th Largest Blockchain for Tether
22.4.2024
The world's leading stablecoin issuer Tether has made a fast start on The Open Network (TON), issuing $60 million worth of USDT since integrating with the blockchain on April 19th.
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Binance Converts User Emergency Fund Assets into USDC for Enhanced Stability
18.4.2024
Binance has made a significant strategic move by converting the entire pool of assets held in its emergency fund for users into USDC (USD Coin), a stablecoin issued by Circle Internet Financial.
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Asset Manager Bitwise Says Market Underestimates Long-Term Impact of Halving
17.4.2024
Bitwise Asset Management has issued a word of caution ahead of Bitcoin's highly anticipated halving, which is set to occur on April 20.
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Peter Schiff Predicts Bitcoin To Drop to $20K Price Level
15.4.2024
On April 14, well-known Bitcoin critic Peter Schiff projected that the price of BTC may drop to $20K. Additionally, he issued a cautionary statement, stating that in the event of a price collapse, Microstrategy—the biggest corporate Bitcoin holder—may lose an estimated $2.7 billion.
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Stablecoin FDUSD Integrates Sui Blockchain After Ethereum and BNB Chain
10.4.2024
The expansion of FDUSD into Sui also makes it the first top stablecoin natively issued on the Sui network.
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Legal Experts Explain Why Sam Bankman-Fried’s 25-Year Prison Sentence Is Fair
4.4.2024
Former FTX customers are finally able to take a sigh of relief knowing that Sam Bankman-Fried has been sentenced to 25 years in prison. Manhattan Federal Judge Lewis Kaplan issued the 25-year sentence to Bankman-Fried, while prosecutors pegged the FTX saga to be one of the biggest financial frauds...
France’s AMF Issues Warning Against BITGET for Unauthorized Digital Asset Services
2.4.2024
AMF issued a circular on the supervision and issuance of virtual assets in the country, with BITGET on the list of those that offer crypto investments through unauthorized entities.
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CFTC Commissioner Caroline Pham Criticizes Her Own Agency After KuCoin Charges, “Aggressive” Enforcement Action
29.3.2024
Commissioner Caroline Pham of the Commodity Futures Trading Commission (CFTC) issued a statement Friday seemingly criticizing her own agency for its latest “aggressive enforcement action" following the agency's KuCoin charges, saying it might “infringe upon the SEC’s authority.”
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UK Watchdog Clarifies Rules for Memes and Finfluencers in Social Media Promotions
28.3.2024
The UK’s FCA on Tuesday issued new guidelines for financial services promotions on social media. These apply to formats like memes, reels, and gaming streams, highlighting the need for fairness and avoiding any misleading information.
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Hong Kong Regulator Issues Alert Against Suspicious Crypto Platform HKCEXP
25.3.2024
The Securities and Futures Commission of Hong Kong (SFC) has issued a warning regarding HKCEXP, an allegedly suspicious trading platform claiming to be registered with the regulator.
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Newly Issued Gaming Token Exploited on Blast With $4.6M Drained
21.3.2024
A recently issued gaming token on layer-2 network Blast has been exploited with $4.6 million stolen, according to an announcement in the token's Telegram channel
MEXC is Operating Without License in Hong Kong, Regulator Warns
15.3.2024
The Securities and Futures Commission (SFC) of Hong Kong has issued a warning regarding the illegal activities of crypto exchange MEXC.
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Andorra Receives Technical Assistance From IMF on Bitcoin Transactions
14.3.2024
The International Monetary Fund (IMF) has issued technical guidance, charging Andorra with tracking and recording Bitcoin transactions. This follows the European country's seeking guidance from the IMF.
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India Hosts Nearly 8 Million Verifiable Government Documents on Blockchains
6.3.2024
India's National Informatics Centre (NIC), a government agency operating under the Ministry of Electronics and IT (MeitY), has hosted almost eight million government-issued verifiable documents on five blockchains.
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Hong Kong’s SFC Issues Warning on BitForex Amid Crypto Scam Allegations
4.3.2024
On March 4, Hong Kong's financial watchdog, the Securities and Futures Commission (SFC), issued a public notice about the cryptocurrency exchange BitForex over alleged fraudulent dealings. BitForex, although based in Hong Kong, does not possess the license required by the country's regulatory...
Nigeria’s Financial Watchdog Summons Binance CEO Over Crime Concerns
4.3.2024
New Binance CEO Richard Teng must appear before Nigeria’s House of Representatives Committee on Financial Crimes to answer questions about his company’s lax KYC and AML policies, which may have played a part in terrorism financing and money laundering. Committee Chairman Ginger Onwusibe...
Hong Kong SFC Warns of Websites Impersonating Regulated Crypto Exchanges
4.3.2024
The Hong Kong Securities and Futures Commission (SFC) issued a public warning today, urging investors to be cautious of suspicious websites impersonating legitimate virtual asset trading platforms.
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Bitcoin Miner Riot Warns of Profit Risks Due to Chip Shortage and Climate Regulations
26.2.2024
On February 23, popular Bitcoin miner Riot Platforms issued a cautionary statement regarding potential profitability challenges in its business operations. The company cited various factors, including global supply chain disruptions, chip shortages, and increasing regulatory scrutiny around climate...
Bitcoin Advocate Fred Krueger Issues Stark Warning About Ethereum – Here’s What You Need to Know
21.2.2024
On February 21, popular Bitcoin maximalist Fred Krueger issued a stark warning about the world's first-ever smart contract network, Ethereum. In a post on X (formerly Twitter), Krueger stated that Ethereum is rapidly losing its essence amid growing competition in decentralized finance (DeFi).
The...