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Elastos Introduces Elacity DRM, Web3’s First Digital Rights Management Tool
9.1.2024
Source: Elastos Elastos has announced the launch of Elacity DRM, a new digital rights management (DRM) tool designed specifically for Web3, focusing on video content creators. Elacity DRM introduces an Access Economy Protocol (AEP) that combines non-fungible token (NFT) technology with...
Zilliqa network upgraded to v9.3.0 successfully
9.1.2024
The Zilliqa v9.3.0 upgrade is officially live on the mainnet. The announcement was made on the X/Twitter account of Zilliqa. The tweet read that the upgrade brings several network improvements. These improvements include EVM enhancements, sharding changes, mining rewards, and general fixes. ...
Thai Government’s Digital Wallet Stimulus Plan Under Scrutiny
9.1.2024
Source: AdobeStock / kikujungboy Has the Thai government’s plan to deposit money in citizens’ digital wallets received approval from the legal adviser? Depends on whom you’re asking. The confusion began on Sunday. According to The Nation, the Council of State has given its opinion...
Iranian Crypto Exchange Bit24.cash Reportedly Exposes Sensitive Data of Nearly 230K Users
9.1.2024
Source: Pixabay Iranian crypto exchange Bit24.cash users reportedly suffered a significant data breach exposing sensitive data of nearly 230K citizens. However, the exchange dismissed the allegation as “wholly untrue.” The breach was attributed to an alleged misconfigured storage system used by...
Russian Experts: 2024 Will Be a Big Year for Cross-border Crypto, CBDC Payments
9.1.2024
Source: hamara/Adobe Russian legal and tech experts think that 2024 will mark a turning point for the use of crypto and CBDCs like the digital ruble in cross-border payments. Per RBC, Andrey Tugarin, the head of the law firm GMT Legal , said: “The main trend to look out for in 2024 will be...
South Korean Lawmaker: Top Crypto Exchanges ‘Neglect Responsibilities’
9.1.2024
Source: efired/Adobe A South Korean lawmaker has claimed that the nation’s leading crypto exchanges are “neglecting their responsibilities to protect investors.” According to a report from Daehan Geumyoong Shinmun, the comments came from Min Byeong-deok. Min is a member of the National Assembly’s...
SEC Chair Gary Gensler Issues Twitter Thread Advising Crypto Investors Ahead of Potential Spot Bitcoin ETF Approval
8.1.2024
SEC chair Gary Gensler. Source: A video screenshot, YouTube / SEC The United States Securities and Exchange Commission (SEC) Chairman Gary Gensler has issued a warning for those considering investing in crypto assets ahead of potential Spot Bitcoin ETF approval. A thread ???? Some things to keep...
Core Scientific Closes $55 Million Equity Offering for Bitcoin Mining Operations
8.1.2024
Source: AdobeStock Bitcoin mining company Core Scientific has disclosed the outcomes of its $55 million Equity Rights Offering (ERO). The ERO, created to raise funds, experienced oversubscription, with total subscriptions surpassing the $55 million cap. In a press release on January 8, the firm...
SEC Chairman Jay Clayton Says Bitcoin ETF Approval Is Inevitable
8.1.2024
Jay Clayton, former chair of the United States Securities and Exchange Commission (SEC), believes it’s only a matter of time before a spot Bitcoin ETF is approved. “Approval’s inevitable” “I think approval’s inevitable,” Clayton shared during an appearance on Squawk Box Monday. “I think...
HyperVerse Promoter “Bitcoin Rodney” Arrested in US: Report
8.1.2024
HyperVerse crypto promoter Rodney Burton, better known as “Rodney Bitcoin,” has been arrested for his role in an elaborate crypt investing scheme, court documents reveal. A $58 million debt Court documents filed on January 4th show Burton has been charged with operating and conspiring to operate...
North Korea’s Lazarus Group Moves $1.2M Bitcoin From Coin Mixer to Holding Wallet
8.1.2024
Source: AdobeStock North Korea-sponsored hacking syndicate Lazarus Group has transferred $1.2 million worth of cryptocurrency from a mixer, marking their largest transaction in over a month. In a post on X (formerly Twitter) on January 8, blockchain analysis firm Arkham reported that the Lazarus...
Cryptocurrency Institutional Funds Record $151 Million Inflows in First Week of 2024
8.1.2024
Source: Adobe / Luisa Digital assets investment funds recorded $151 million in inflows in the first week of 2024 as institutional investors drive adoption following anticipation of a spot Bitcoin (BTC) ETF approval by the Securities and Exchange Commission (SEC). A new CoinShares Digital Asset Fund...
Zengo Sets a Hacker Trap: Breach Our Wallet for a $420K Bitcoin Reward
8.1.2024
Source: zengo / Twitter The keyless crypto wallet maker Zengo will put 10 BTC and a pricy NFT into a Zengo wallet, challenging the hackers to take it – if they can. According to the blog post, the “#ZengoWalletChallenge” will launch on January 9 and last for 15 days. It stated...
CoinsPaid Faces Second Security Breach in Six Months, Unauthorized Transactions Totaling $7.5 Million Detected
8.1.2024
Source: AdobeStock / Sergey Nivens The Estonian payment processor for digital assets, CoinsPaid, has suffered its second security breach in the last six months, with unauthorized transactions totaling almost $7.5 million, web3 security firm Cyvers reported. Cyvers’ artificial intelligence...
Japanese E-commerce Heavyweight Mercari to Accept Bitcoin Payments
8.1.2024
Source: vladim_ka/Adobe Mercari, one of Japan’s biggest e-commerce platforms, says it will start accepting Bitcoin (BTC) from June this year. Per a report from Nikkei, the firm will process Bitcoin payments via its Tokyo-based crypto subsidiary Melcoin. Melcoin will convert all BTC payments into...
VanEck Commits to Donating 5% of BTC ETF Profits to Bitcoin Developers at Brink
6.1.2024
  Asset manager VanEck, a potential provider of a Bitcoin exchange-traded fund (ETF), has revealed plans to donate a portion of the profits from the investment vehicle to Bitcoin core developers upon approval. In a post on X (formerly Twitter) on January 5, VanEck announced a 5% pledge...
Bank of Spain Collaborates with Cecabank, Abanca, and Adhara Blockchain for CBDC Tests
6.1.2024
Source: iStock/Zerbor Spain’s central bank, Banco de España, has revealed its selected collaborators for the testing phase of the central bank digital currency (CBDC) initiative, a year after issuing a call for collaboration. Out of 24 applications received over the past year, Bank of Spain...
Hashdex Launches New Commercial for Spot Bitcoin ETF
5.1.2024
Source: AdobeStock Hashdex, an asset management firm, has released a new commercial ahead of the upcoming US Securities and Exchange Commission (SEC) decision on the listing of spot Bitcoin exchange-traded funds (ETFs) in the country. On January 5, Hashdex posted an advertisement on X (formerly...
North Korea Stole Over $600 Million in Crypto in 2023: Report
5.1.2024
North Korea was responsible for greater than $600 million worth of crypto being stolen in 2023, blockchain intelligence company TRM labs announced Friday. State-sponsored attacks supporting weapons of mass destruction According to TRM Labs’ latest report, the analytics data firm suggests that...
Crypto Firms Across the UK Begin to Roll Out Risk Assesments Ahead of Monday Deadline
5.1.2024
A number of cryptocurrency firms operating in the U.K. are rolling risk assessments ahead of new rules set out by the Financial Conduct Authority (FCA) expected to begin on Monday, January 8th. Key players take action So far, key crypto players such as Coinbase, Gemini, and OKX have all implemented...