Day: 13 June 2023

Hong Kong's financial authorities are taking proactive steps to establish comprehensive regulations for the stablecoin market by the end of 2024. The Hong Kong Monetary Authority (HKMA) recently completed a public consultation aimed at gathering feedback and proposals on stablecoin regulations. The consultation focused on key areas such as issuance, ...

After much anticipation, the long-awaited documents regarding William Hinman and the U.S. Securities and Exchange Commission's (SEC) stance on classifying cryptocurrencies have finally been released. These documents have significant implications for the U.S. SEC's ongoing lawsuit against Ripple Labs as it sheds light on the regulator's internal discussions and opinions. ...

BoomFi, a company aiming to revolutionize crypto and digital currency payments across various sectors, has successfully raised $3.8 million in its recent series funding round.  According to the company's press release, the funds will used to enhance product development, establish strategic partnerships, and expand the merchant base, particularly within the ...

Sam Forman, the creator of Sturdy Finance, has announced a $100,000 offer for the hacker responsible for the recent exploit on the protocol. The platform hopes that by offering the bounty, they can reach a resolution and potentially retrieve the stolen funds. We've sent the following message to the Sturdy ...

Apple has issued a warning to Damus, a decentralized social media app, regarding its compliance with Apple's standards. The tech giant has threatened to remove the app from the App Store if it fails to meet the required guidelines.  According to a tweet from Damus on June 13, 2023, Apple ...

Binance.US has opposed the U.S. Securities and Exchange Commission’s (SEC) motion for a temporary restraining order that seeks to freeze its assets. In a filing submitted on June 12, 2023, Binance.US labelled the SEC's emergency application as "draconian and unduly burdensome," claiming that it would effectively result in the company's ...