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NYDFS Issues New Crypto Firm Guidance for Consumer Complaints
30.5.2024
New York’s top financial regulator has issued new guidance which requires cryptocurrency service providers to collect relevant data to assess whether they are resolving customer service requests and complaints in a timely and fair manner, it announced Thursday
South Korean Universities Face Banking Hurdles in Converting Crypto Donations to Cash
30.5.2024
South Korea’s regulations prohibiting corporations from opening virtual asset exchange accounts are making it impossible for local universities to liquidate their large cryptocurrency donations. Financial authorities cite money laundering concerns as the reason for maintaining the ban. Education...
Sony Announces Smaller PlayStation Showcase Featuring 14 Games
29.5.2024
Sony’s big summer PlayStation showcase has turned out to be a smaller State of Play event scheduled for May 30. The company announced it will include updates on new first-party games coming to PlayStation 5 as well as PS VR2.Read more
Multiversus’ Re-Launch Already Has Its Competitive Fans Upset
28.5.2024
Multiversus, the Warner Bros. crossover platform fighter starring Batman, Shaggy, Arya Stark and more, is out for real this time after going into a year-long hibernation. Now that it’s back and out of beta, the fighting game community is assessing if it could have the longevity of fighting games...
Big PlayStation Sale Is Full Of Discounts On PS5s, Spider-Man 2, And More
28.5.2024
The PlayStation 5 never officially got a price drop, but Sony continues to discount the console so aggressively that it’s basically the same thing. As part of its annual Days of Play sale event, the company’s taking $50 off the regular price of PS5s. Recent exclusives like Spider-Man 2 and Rise...
Hong Kong Will Inspect Offices of Crypto Platforms as Important Compliance Deadline Looms
28.5.2024
Hong Kong's Securities and Futures Commission (SFC) will conduct on-site inspections of those crypto trading platforms interested in continuing to pursue their licensing applications as a key deadline looms, the regulator announced Tuesday
OKX Withdraws VASP License Application in Hong Kong
24.5.2024
OKX announced on Friday that it has withdrawn its Virtual Asset Service Provider (VASP) license application in Hong Kong and will cease to provide trading services to residents.
The post OKX Withdraws VASP License Application in Hong Kong appeared first on Cryptonews
Super Mario 64 Speedrunner Explains How He Just Made History In The Wildest Way Possible
23.5.2024
How many hours would you stand around in Super Mario 64 waiting to do something that’s never been done before? Five? Ten? A whole day? A speedrunner who goes by Marbler recently clocked in over 80 hours with the Nintendo classic to be the first ever player to beat it without pressing the jump...
After Swimming In Gold For Months, Diablo IV Players Are Begging For A Bailout
22.5.2024
When Diablo IV first came out its economy felt hopelessly broken. Incrementally better but mostly worthless gear was incredibly expensive to buy during the main campaign, while gold was so tangential to the end-game grind that players quickly amassed Scrooge McDuck-like fortunes with nothing really...
Layer-2 Network Starknet Gets Ethereum Virtual Machine With Zero-Knowledge Proofs
22.5.2024
The zkEVM, called Kakarot, already in testing, will be available via the Starknet Stack
Hong Kong Police Arrest Three in HK$5.1 Million Virtual Investment Talk Show Ticket Scam
21.5.2024
Hong Kong police have arrested three individuals linked to a fraud syndicate that allegedly defrauded at least 10 residents out of HK$5.1 million (US$653,900) by deceiving the victims into bidding for fake tickets to a virtual investment talk show with the intention of reselling them for...
Brazil Central Bank Crafting Crypto Regulation Plan, Expected by Year’s End
21.5.2024
Brazil's central bank unveiled a multi-phase plan to regulate crypto and virtual asset service providers on Monday. It aims to finalize the regulatory proposals by the end of this year.
The post Brazil Central Bank Crafting Crypto Regulation Plan, Expected by Year’s End appeared first...
Crypto exchange Kraken has ‘no plans’ to delist USDT in Europe for now
20.5.2024
Concerns were raised after a Bloomberg article reported Kraken was “actively reviewing” which tokens it could continue to list under the European Union’s upcoming MiCA framework
US Treasury strategy would tighten virtual asset regs, increase use of AI
17.5.2024
Better regulations, greater enforcement and AI are going to be the focus of the Treasury’s fight against illicit finance
Binance helps Taiwan solve $6.2M crypto fraud
17.5.2024
Working with Binance, Taiwan prosecutors pieced together the evidence, resulting in the indictment of nine individuals for financial crimes, including money laundering and fraud
Chinese Police Arrest Six Suspects in $300 Million Cryptocurrency Money Laundering Case
13.5.2024
The Public Security Bureau of Panshi City in Jilin Province has cracked down on an illegal operation involving underground banks and virtual currencies.
The post Chinese Police Arrest Six Suspects in $300 Million Cryptocurrency Money Laundering Case appeared first on Cryptonews
Religious leaders debate going to church in the metaverse
12.5.2024
With the Pope sounding off on AI recently, the discourse surrounding religion and technology has heated up
279 Crypto Accounts Forfeited to US Government in North Korean Laundering Crackdown
12.5.2024
The U.S. District Court for the District of Columbia has ordered the forfeiture of 279 cryptocurrency accounts containing funds linked to alleged hacks of crypto exchanges by North Korean operatives. This measure is a component of a broader U.S. effort aimed at dismantling cyber operations that...
Interpol Nigeria boosts cybersecurity with virtual asset training
11.5.2024
The training will enable officers to effectively address cybercrimes involving virtual assets, particularly stablecoins
India Approves Crypto Exchanges Binance and Kucoin as Registered Virtual Asset Service Providers
11.5.2024
Cryptocurrency exchanges Binance and Kucoin have successfully registered with India’s Financial Intelligence Unit as Virtual Asset Service Providers (VASPs), a top official has reportedly confirmed. Both crypto exchanges were previously banned in India due to violations of the country’s...