Crypto-friendly financial institution Evolve Bank and Trust was embroiled in a massive data breach. The bank admitted it had been aware of the incident, which involved the theft of 33 terabytes of user…
Bybit to compensate users after Notcoin listing debacle, China gaming firm’s profits up 1100% after $200M crypto buy, and more: Asia Express. Source link
The Executive Office of US President Joe Biden has announced its stance on proposed legislation, H.J. Res. 109, that would allow highly regulated financial firms to act as custodians for Bitcoin and other cryptocurrencies. JUST…
According to Charles Gasparino of Fox Business, financial firms feel confident that the Securities and Exchange Commission (SEC) is going to rule in favor of approving spot Bitcoin Exchange-Traded Funds (ETFs) after January…
Behind the wave of companies moving or deploying initiatives in the UAE is regulation. The country has introduced regulatory frameworks for decentralized autonomous organizations (DAOs), virtual asset providers, metaverses and other Web3-related entities….
Wally Adeyemo, deputy secretary of the United States Treasury Department, said his department is looking into new sanctions tools to pursue bad actors in the crypto space, citing a recent settlement with Binance….
Top Stories This Week Grayscale files for new spot Bitcoin ETF on NYSE Arca Major cryptocurrency investment firm Grayscale Investments has filed a new application with the U.S. Securities and Exchange Commission for…
Exchanges and broker-dealers looking to lure customers will naturally take all reasonable steps to appear reputable and transparent. But some go much further and claim legal status that they do not rightfully possess….
The Financial Conduct Authority (FCA), the United Kingdom’s financial markets regulator, has again expressed its concern over the lack of engagement on the part of crypto firms that will soon be subject to…
TRM Labs report revealed that this year alone, North Korean hackers were responsible for 20% of all crypto-related exploits. North Korean hackers have been a significant concern for the cryptocurrency community. Over the…
Despite recent narratives suggesting differently, the United States won’t be losing its allure as a crypto hub, according to the CEO of blockchain analytics firm Merkle Science. A swathe of hostile regulatory actions leveled…
Financial firms like Deloitte, S&P Global, and Moody’s have come together to support the launch of the Canton Network, a blockchain designed to streamline financial markets with Web3 tech. The network aims to…
Almost 400 virtual asset service providers (VASPS) have voluntarily shut down or had their authorizations revoked in Estonia following the government’s recently enhanced Terrorist Financing Prevention and Anti-Money Laundering laws (AML) that came…
Technology conglomerate Alphabet has expanded the Google for Startups Cloud Program. As of April 25, the program now includes Web3 firms such as Alchemy, Aptos, Base, Celo, Flow, Hedera, Nansen, Near, Polygon, Solana…
A “fast track” option for licensed crypto firms in France to get regulated under the upcoming Markets in Crypto-Assets (MiCA) laws has been mulled by the country’s financial regulator. In a statement published…
The new regulation will be applied to all crypto firms with a BitLicense. The New York State Department of Financial Services (NYDFS) has introduced a regulation enabling them to evaluate licensed crypto firms’…