Hong Kong’s central bank, the Hong Kong Monetary Authority (HKMA), issued a warning on November 15 regarding the misuse of the term "bank" by unlicensed crypto companies operating in the region. The HKMA cautioned that such misrepresentations could...
On November 14, the X account of memecoin Dogwifhat was hacked to promote newly created tokens on Solana. The attackers used the account to manipulate the prices of newly created tokens, including popwifnut (POPWNUT), muu (MUU), and DogWifDoge...
The European Banking Authority (EBA) has issued new guidelines for payment service providers (PSPs) and crypto-asset service providers (CASPs) to ensure compliance with the European Union’s sanctions when transferring funds or crypto assets. Released on November 14, the...
The G20's Financial Stability Board (FSB) have raised issues about the implications of artificial intelligence (AI) on the stability of the global financial sector. In its recent report, the Board highlighted AI's transformative potential and identified significant risks...
Blockchain infrastructure firm Consensys is working on a new project to create a platform enabling individuals to declare personal sovereignty within Web3 and the AI-driven global economy. According to the company's founder, Joe Lubin, in an X post...
South Korea's Financial Intelligence Unit (FIU) has reportedly launched an intensive review of Upbit's operations over alleged non-compliance with Know Your Customer (KYC) requirements. The regulator allegedly uncovered 500,000 to 600,000 cases where the country's largest cryptocurrency exchange...
Consensys 's blockchain infrastructure protocol, Infura, has announced a significant enhancement to its Decentralized Infrastructure Network (DIN) through a partnership with Ethereum's EigenLayer restaking protocol. DIN, a decentralized "app store" for blockchain APIs, provides developers with access to...
Artnames, a new project that enables users to transform their online usernames into one-of-a-kind digital art NFTs, launched officially today, November 14, 2024. The project, built on Coinbase’s Layer 2 Network, Base, is a collaborative effort among six...
Bithumb, South Korea's second-largest cryptocurrency exchange, has announced it will terminate trading support for Radiant Capital’s RDNT token due to unresolved security issues. The exchange stated that the move follows a directive from the Digital Asset Exchange Association...
Irish authorities have reportedly seized more than $3.42 million worth of cryptocurrencies suspected to be linked to a widespread "pig butchering" scam. According to the Irish Independent, the seizure is part of an ongoing investigation by local and...
