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Ripple President Says SEC on ‘Warpath’ With Crypto Industry
6.6.2024
The president of Ripple Labs has criticized the U.S. Securities and Exchange Commission (SEC)’s approach to regulating the crypto sector, emphasizing that the regulator is on a “warpath” with the industry. She highlighted the inefficiency of the current approach, stating:...
Private firms to join global central bank CBDC project
5.6.2024
As Project mBridge enters its MVP phase, BIS is inviting private sector firms to propose new solutions and use cases to further develop and showcase the platform's potential
Crypto Firms Hit by Newsletter Breach Attack, Mailing Lists Leaked
5.6.2024
Several cryptocurrency businesses are reporting that there is an ongoing "supply chain email breach attack" that uses newsletter mailing lists to send around malicious phishing links
New York Tightens Customer Service Regulations for Crypto Companies
1.6.2024
The New York State Department of Financial Services (DFS) has introduced new guidance mandating regulated cryptocurrency entities to implement customer service policies and procedures. Crypto entities must collect data to ensure timely and fair resolution of issues, maintain records for regulatory...
Legal fees skyrocket in high-profile crypto bankruptcies
31.5.2024
High-profile bankruptcy cases have become a lucrative goldmine for two major law firms involved in the legal proceedings: Sullivan and Cromwell and Kirkland and Ellis
Hong Kong SFC to Conduct On-Site Inspections of Crypto Platforms after Licensing Deadline
29.5.2024
The Hong Kong SFC has announced that it will be conducting on-site inspections of local crypto firms that have not yet completed their regulatory applications after the licensing deadline.
The post Hong Kong SFC to Conduct On-Site Inspections of Crypto Platforms after Licensing Deadline appeared...
Hong Kong SFC to compliance check crypto firms offices after license deadline
29.5.2024
A total of eleven crypto asset companies and exchanges have withdrawn license applications ahead of the deadline
Russian Commodities Firms Turn to Stablecoins for Transactions with Chinese Counterparts
28.5.2024
Russian commodities firms facing challenges in executing financial transactions with Chinese counterparts have turned to stablecoins.
The post Russian Commodities Firms Turn to Stablecoins for Transactions with Chinese Counterparts appeared first on Cryptonews
Crypto firms target custody market as institutional adoption grows
21.5.2024
Fireblocks and Taurus are among the crypto firms expanding services to meet institutional demand for digital asset storage
Crypto firms rally behind FIT21 bill approaching US House floor vote
17.5.2024
Lawmakers expect to vote on a bill clarifying how regulators handle digital assets by June after a majority in both chambers passed a resolution against an SEC crypto rule
DTCC and Chainlink Launch Pilot Program with US Banking Giants to Advance Tokenization in TradFi
17.5.2024
The Depository Trust and Clearing Corporation (DTCC) has partnered with blockchain oracle Chainlink to conclude a pilot program involving several major banking firms in the United States.
The post DTCC and Chainlink Launch Pilot Program with US Banking Giants to Advance Tokenization in TradFi...
Over 600 firms reveal billions in combined investment in Bitcoin ETFs
16.5.2024
Millennium Management is the largest Bitcoin ETF investor with a $1.9 billion investment
Vanguard CEO Salim Ramji Sticks to Firm’s Anti-Crypto Stance, No Plans for Bitcoin ETF
16.5.2024
Salim Ramji, the new CEO of Vanguard and former head of Blackrock’s global ETF business, has affirmed the company’s position against launching a spot bitcoin exchange-traded fund (ETF), emphasizing the need for consistency with Vanguard’s investment philosophy that views crypto as...
Bitcoin Hash Rate Declines as Mining Firms Shut Down Unprofitable Rigs Post-Halving
14.5.2024
The hash rate of the Bitcoin network has experienced a significant decline as mining firms are shutting down unprofitable mining rigs following the fourth Bitcoin halving.
The post Bitcoin Hash Rate Declines as Mining Firms Shut Down Unprofitable Rigs Post-Halving appeared first on Cryptonews
North Korean Hackers Kimsuky Deployed Malware Targeting Crypto Firms: Kaspersky
13.5.2024
Kimsuky hacking group cyberattacks on two South Korean crypto firms using malware dubbed 'Durian'.
The post North Korean Hackers Kimsuky Deployed Malware Targeting Crypto Firms: Kaspersky appeared first on Cryptonews
North Korean Hacker Group Targets South Korean Crypto Firms With New ‘Durian’ Malware
13.5.2024
The North Korean hacker organization Kimsuky has employed a new malware named “Durian” in targeted cyber attacks against at least two South Korean cryptocurrency companies, according to a report by cybersecurity firm Kaspersky. This malware variant, characterized by its multifunctional...
North Korean hackers deploy ‘Durian’ malware, targeting crypto firms
13.5.2024
The state-backed North Korean hacking group Kimsuky reportedly used a new malware variant to target at least two South Korean crypto firms
Russian Energy Firms Prepares to ‘Hunt’ Private Crypto Miners
13.5.2024
Russian energy firms are preparing to “hunt down” and crack down on people mining cryptoassets at home, a report claimed on May 12.
The post Russian Energy Firms Prepares to ‘Hunt’ Private Crypto Miners appeared first on Cryptonews
Crypto firms brace for intensified SEC, CFTC action after regulator warning
10.5.2024
The CFTC warned of another cycle of enforcement actions against crypto firms as investor interest rises
Asian Crypto Venture Firms Launch $128M ETF Liquidity Fund in Hong Kong
8.5.2024
Three Asian-based ventures have joined forces to launch Hong Kong's first-ever ETF liquidity fund. The fund is valued at HK$1b (about $128m), according to a statement published Wednesday.
The post Asian Crypto Venture Firms Launch $128M ETF Liquidity Fund in Hong Kong appeared first on Cryptonews