Government-backed studies identify decentralized finance (DeFi) and metaverse technologies as crucial opportunities to strengthen the region's standing in the sector, offering a promising future for the industry. On June 25th, the Hong Kong Institute for Monetary and Financial...
Cardano, the renowned blockchain platform, recently withstood a failed distributed denial-of-service (DDoS) attack, prompting its developers to take immediate action in order to fortify the network against future similar incidents. The attack, which commenced at block 10,487,530, aimed...
In a significant victory for law enforcement and cryptocurrency users, a federal jury in Greensboro, North Carolina, has convicted 24-year-old Remy St. Felix of West Palm Beach, Florida, for his role in orchestrating a series of violent home...
The launch of the first spot Ether exchange-traded funds (ETFs) in the United States is progressing smoothly, with Securities and Exchange Commission (SEC) Chair Gary Gensler providing updates on the development at a Bloomberg conference on June 25....
The European Council has unveiled its 14th package of sanctions, focusing on crypto providers outside Europe that support Russia's defense-industrial base. This latest round of measures aims to tighten restrictions on key sectors of the Russian economy, including...
India's central bank digital currency (CBDC), the e-rupee, is experiencing a significant decline in activity after local banks ceased efforts to artificially inflate its usage metrics, according to a new report from Reuters. The Reserve Bank of India...
Hong Kong officials have made a strong pitch to attract Canadian crypto and Web3 startups to set up shop on the island. At the Collision 2024 tech conference in Toronto, Emily Mo, director of the Hong Kong Economic...
Alex Lab, a Bitcoin layer-2 developer, has suggested that the $4 million exploit it suffered in May could be connected to the notorious North Korean hacking group, Lazarus Group. In a June 25 post on X, the team...
American Pop singer Jason Derulo has faced criticism for endorsing a meme coin that experienced a rapid 72% decline in value shortly after its launch. On June 24, Derulo announced the launch of the JASON coin to his...
European digital asset investment manager CoinShares has successfully completed the sale of its claim in the now-defunct crypto exchange, FTX. According to the asset manager's announcement, the transaction finalized today, June 24, 2024, is a significant financial achievement...
