On April 6, 2023, the UK's Financial Conduct Authority (FCA) and Advertising Standards Authority (ASA) released a joint statement warning financial influencers, known as "finfluencers," about promoting fraudulent investment schemes on social media. Cryptocurrencies and non-fungible tokens were...
South Korean authorities have discovered illegally obtained assets worth 414.5 billion won ($314.2 million) in possession of Terraform Labs' co-founder, Do Kwon, and his associates. Out of this amount, about 91.4 billion won ($69 million) has been directly...
The International Organization of Securities Commissions (IOSCO) plans to launch a consultation on its regulatory report on crypto assets in the current quarter (Q2) of this year and aims to release its final recommendations by the end of...
A report by 36Kr indicates that CPIC Investment Management, a subsidiary of China Pacific Insurance (CPI), is collaborating with investment firm Waterdrip Capital to launch two cryptocurrency funds. This development further implies that the Chinese government may have...
Over the last six months, traditional banks in Singapore have been collaborating with regulators to establish consistent criteria for vetting prospective clients in the crypto industry. According to a report published on April 6, the Monetary Authority of...
The Arbitrum Foundation released a set of new Arbitrum Improvement Proposals (AIPs) on April 5, aimed at governing the network more effectively after the chaos that ensued after their initial unsuccessful attempt. Arbitrum, an Ethereum Layer 2 scaling...
On April 5, Michael Saylor, the Executive Chairman of MicroStrategy, a US-based business intelligence company, announced via Twitter that the firm had purchased an additional 1,045 Bitcoin (BTC) at an average cost of $28,016 per BTC, for a...
US President, Joe Biden, has expressed concerns about the safety of artificial intelligence (AI), emphasizing the need for technology companies to prioritize security before releasing their products to the public. During a meeting with science and technology advisers...
Malaysia and China are exploring the possibility of advancing talks about establishing an Asian Monetary Fund as reducing dependence on the US dollar gains more importance in the region. The proposal, introduced last week during the Boao Forum...
XRP Healthcare has announced a partnership with Signals, a biomedical technology company, to develop a range of products that utilize molecular information to promote holistic wellness. According to the press release, the partnership will make Signals' innovative offerings...
