Day: 8 October 2024

South Korea Considers FX Regulations for Stablecoins in Cross-Border Trade

South Korea is reportedly considering implementing foreign exchange controls on stablecoins amid rising concerns about their increasing use in cross-border transactions. According to The Korea Economic Daily, the country’s Ministry of Economy and Finance is evaluating strategies to strengthen the stability of cryptocurrency transactions, particularly those related to stablecoins. While ...

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Blockchain Security Firm PeckShield Raises Red Flags Over Cardi B’s WAP Memecoin Promotion on X, Suspects Account Hack

Blockchain security firm PeckShield has raised concerns about the legitimacy of a memecoin promotion posted on the official X account of American hip-hop star Cardi B on Monday, October 7.  PeckShield suspects that Cardi B's account may have been compromised, cautioning users to avoid interacting with any links or wallet ...

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