Search
XLink onboards Fireblocks, Ancilia to prevent another $10M hack
17.6.2024
The partnerships provide MPC technology, significantly improving security measures compared to traditional multisig solutions or single private keys
StarkWare ZK Threads solution could prevent fund lockups similar to FTX
23.5.2024
StarkWare's ZK Threads introduce a new scaling framework to prevent fund lockups and improve dApp scalability, potentially averting scenarios like the FTX disaster
Terra Luna Classic Price Prediction as LUNC Rallies 4% Despite Failed Governance Proposal – Can It Sustain the Momentum?
8.5.2024
The Terra Luna Classic price (LUNC) has bounced 4% on Wednesday, despite a governance proposal to prevent double network validating falling flat and a stagnant tone to trade across the broader crypto market.
The post Terra Luna Classic Price Prediction as LUNC Rallies 4% Despite Failed Governance...
Ethernity Switches to AI Enhanced Ethereum Layer 2 to Prevent Counterfeit Asset Trading
7.5.2024
Non-fungible token (NFT) platform Ethernity, said it has switched to a artificial intelligence enhanced Ethereum Layer 2 network with advanced capabilities allowing it to combat counterfeit asset trading.
The post Ethernity Switches to AI Enhanced Ethereum Layer 2 to Prevent Counterfeit Asset...
Coincover Unveils ‘Protected Co-Signing’ for Crypto Transactions to Prevent Fraud and Hacks
18.4.2024
Coincover, a provider of protection and insurance for digital assets, is launching an extra layer of protection service which screens transactions to detect risk of fraud or hacking.
The post Coincover Unveils ‘Protected Co-Signing’ for Crypto Transactions to Prevent Fraud and Hacks appeared first...
UK Court Freezes £6 Million of Craig Wright’s Assets to Prevent Evading Court Costs
29.3.2024
A UK judge has froezen Craig Wright's assets, who falsely claimed to be the creator of Bitcoin, from evading court costs.
The post UK Court Freezes £6 Million of Craig Wright’s Assets to Prevent Evading Court Costs appeared first on Cryptonews
Craig Wright Assets Frozen by UK Judge to Prevent Him Evading Court Costs
29.3.2024
Judge James Mellor found earlier this month that Wright was not, as he'd claimed, Bitcoin inventor Satoshi Nakomoto
Binance Urges Prime Brokers to Enhance KYC to Avoid U.S. Investors
19.3.2024
Binance has reportedly urged prime brokers like FalconX and Hidden Road to enhance their client screening processes to prevent U.S. investors from accessing its platform
The post Binance Urges Prime Brokers to Enhance KYC to Avoid U.S. Investors appeared first on Cryptonews
Nigeria Asks Telcom Firms to Restrict Access to Binance, Coinbase Websites – Here’s Why
22.2.2024
Crypto exchange behemoths are facing serious scrutiny in Nigeria, as the country aims to clampdown crypto transactions. The government has directed telcoms to prevent access to crypto websites such as Binance, Coinbase and OctaFX.
The post Nigeria Asks Telcom Firms to Restrict Access to Binance...
South Korea Plans to Block Unlicensed Crypto Exchanges
12.2.2024
South Korea plans to conduct virtual asset exchange inspections to expel ineligible platforms later this year. Authorities are contemplating an advanced suspension system for suspicious transactions. This would rapidly prevent the concealment of illicit funds during all stages of the investigation...
BIS Warns Against Unregulated Metaverse: A Call to Prevent Fragmentation and Corporate Control
8.2.2024
The Bank of International Settlements (BIS) has published a report calling on regulators to “future proof” themselves against the adverse effects of an unregulated metaverse on the digital economy. The 31-page report warns that future money and virtual environments run the risk...
US Treasury Urges Swift Crypto Regulation to Prevent Future Crises
19.1.2024
A high-ranking official at the US Treasury has called upon lawmakers to take immediate action concerning crypto regulation to avert any potential future financial crises preemptively. Graham Steele, the Treasury Assistant Secretary for Financial Institutions, argued that the world of crypto offers...
Uniswap Prioritizes Security, Unveils Permit2 to Stop Hackers Draining User Funds
18.1.2024
Uniswap introduced the Permit2 security upgrade to address vulnerabilities allowing hackers infinite token access and withdrawals. Image by vladim_ka, Adobe Stock. Decentralized exchange Uniswap has unveiled a new security tool called Permit2 today to give users more control over their digital...
United States Lawmakers Introduce Bills to Exclude CBDCs from the Definition of Money
17.1.2024
United States lawmakers have proposed bills in four states to block possible definitions of a Central Bank Digital Currency (CBDC) as money. The bills were introduced in South Carolina, South Dakota, Tennessee, and Utah as anti-CBDC legislators seek to prevent the use of CBDC tokens in those...
Speedrunning Dog Didn’t Set Record At AGDQ 2024, Still Good Boy
16.1.2024
On January 16, Peanut Butter became the first dog to ever speedrun a game at Awesome Games Done Quick. And while the Shiba Inu gamer didn’t set a new record today or beat their previous personal best, Peanut Butter is still a very good boy who deserves all the pets and treats.Read more
South Korea’s Tax Authority, DAXA Form Committee to Prevent Illegal Transactions: Report
8.1.2024
Source: Pixabay South Korea’s tax Authority, the Korea Customs Service group and five major cryptocurrency exchanges including Bithumb Korea, Coinone, Korbit, and Streami have formed a group to prevent illegal foreign transactions, according to a report by News1.KR. The Digital Asset Exchange...
Crypto KYC Solutions Advance to Ensure Adoption and Better User Experience
14.12.2023
Know-your-customer (KYC) measures are becoming more important as the cryptocurrency sector grows. These models have proven to help digital asset service providers prevent against crimes such as money laundering, terrorist financing and more. Yet while KYC processes can help financial firms better...
Tether Freezes Tokens of Sanctioned Individuals Listed by OFAC
11.12.2023
Source: Pixabay Tether (USDT), the company behind the world’s largest stablecoin, has frozen the wallets of individuals sanctioned by the U.S. Office of Foreign Asset Controls (OFAC). In a recent announcement, the company said it aims to prevent potential misuse of its tokens and enhance...
Additional Regulations May be Needed to Prevent Another FTX Style Catastrophe, FSB Report
28.11.2023
Additional regulation may be needed to prevent another FTX-style collapse according to a new report from the Financial Stability Board (FSB) released Tuesday, November 28th. The report’s goal The international financial monitoring body’s report particularly focuses on multifunction crypto-asset...
Judge Bars Former Binance CEO From Leaving US as the Court Weighs Government’s Request
28.11.2023
A federal judge has barred former Binance CEO Changpeng Zhao (CZ) from leaving the U.S. until the court has made a decision on the U.S. government’s motion to prevent his return to the United Arab Emirates (UAE) before sentencing. The government filed the motion in response to a release order...