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The JPEX incident has prompted the Hong Kong government to expedite the approval process for cryptocurrency products to promote compliance in the industry.
According to OSL Compliance Exchange, a licensed virtual asset platform, financial technology solution providers have shown interest in the potential benefits of integrating tokenized platforms ...
9 months ago
Crypto exchange Zipmex Thailand has announced the immediate suspension of digital asset trading until early next year.
The decision was made to ensure proper compliance with the criteria set by Thailand’s Securities and Exchange Commission (SEC), the platform wrote in a Facebook post on Saturday afternoon....
9 months ago
According to Ambient Exchange founder Doug Colkitt, KyberSwap’s $46 million hack was “the most complex and carefully engineered smart contract exploit” and confirmed that what happened was an infinite money glitch.
In a detailed thread on X dated November 23, Colkitt outlined the intricacies of the attack, shedding light on the methods employed by the attacker. Colkitt explained that th...
9 months ago
The UK government has announced the implementation of the Digital Securities Sandbox, a significant initiative aimed at integrating digital assets into the nation’s financial market infrastructure.
The UK government, under Chancellor Jeremy Hunt’s autumn statement, announced plans to implement the Digital Securities Sandbox (DSS), showing how financial markets operate and i...
9 months ago
Following the $4.3 billion fine by the U.S. Department of Justice (DoJ), Binance’s outflow has surpassed the $1 billion mark over the past week.
According to data provided by DeFi Llama, Binance witnessed a negative net outflow of $1.2 billion in the past seven days. This comes while the largest crypto exchange saw a $462 million outflow...
9 months ago
Participants will be restricted to using the CBDC only for payment, without an option to store, exchange, or send it to other users.
The Bank of Korea (BOK) has said it will invite 100,000 Korean citizens to purchase goods with deposit tokens as part of the central bank digital currency (CBDC) pilot. The testing will start &l...
9 months ago
Grayscale executives and lawyers met with the SEC to discuss a rule change to list the Grayscale Bitcoin Trust (GBTC).
Executives from crypto asset manager Grayscale have met with the Securities and Exchange Commission to discuss details of its flagship Bitcoin BTC $36,740 trust, which the firm wa...
9 months ago
The trial of Lee Sang-jun, the CEO of the crypto exchange Bithumb’s parent company, has begun in Seoul, South Korea.
Lee (54), the CEO of Bithumb Holdings, is being tried alongside the former pro golfer and celebrity Ahn Seong-hyeon (42) on charges of “soliciting the listings” of unnamed altcoins.
9 months ago
Validator service provider InfStones disagreed and told Cointelegraph that “nothing close to $1 billion in assets would be at risk,” even in the worst-case scenario.
Blockchain security firm dWallet Labs recently disclosed a vulnerability that it claims could affect up to $1 billion worth of crypto, with assets such as Ether ETH $2,015 Aptos&n...
9 months ago
The Canadian agency also noted privacy violations, social manipulation and bias among the concerns that AI raises.
The Canadian Security Intelligence Service — Canada’s primary national intelligence agency — raised concerns about the disinformation campaigns conducted across the internet us...
10 months ago
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