California Governor Gavin Newsom has officially signed into law the Digital Financial Assets Law, a controversial bill that establishes a regulatory framework for cryptocurrency companies operating within the state. The legislation, passed by California's legislature in September 2023, will...
Haru Invest, a South Korean cryptocurrency platform, has announced plans to suspend its server operations just months after freezing customer withdrawals in June 2023. In an announcement made on October 16, Haru Invest CEO Hugo Lee revealed the company's...
The primary address linked to the infamous Uranium Finance hack of April 2021 has once again moved to transfer a substantial amount of stolen cryptocurrency funds. According to Peck Shield, a leading blockchain security firm, the hacker successfully moved...
The ongoing criminal trial of FTX founder Sam Bankman-Fried, known as SBF, took a dramatic turn on October 11, 2023, as new allegations of bribery and deception emerged. Former Alameda Research CEO Caroline Ellison testified against Bankman-Fried, claiming that...
iFinex, the parent company of the crypto exchange Bitfinex, has reportedly announced plans to repurchase $150 million worth of its shares, which were initially issued as compensation to users affected by Bitfinex's 2016 hack. According to Bloomberg, iFinex proposed...
The European Securities and Markets Authority (ESMA), the EU's top financial regulator, has published a new report assessing the potential advantages and notable risks associated with the DeFi (Decentralized Finance) ecosystem. In the 22-page analysis, ESMA acknowledges the innovative...
Long-term cryptocurrency investors are relentlessly accumulating Bitcoin, thus driving the token's supply scarcity and illiquidity, says blockchain intelligence firm Glassnode. In its latest weekly report, the blockchain analytics firm published that data shows "HODLers," investors with wallets holding Bitcoin...
Ordswap, a marketplace for Bitcoin Ordinals, has taken actions to address a recent security breach that compromised its website. The platform introduced a tool, as announced on its X account on October 10, 2023, to assist users who logged...
A Crypto Toad NFT, typically valued at less than $1,000, astonishingly fetched 1,055 ETH, equivalent to $1.6 million, in a transaction that has raised concerns about potential money laundering. This unusual sale took place on the NFT marketplace OpenSea;...
Hong Kong's Police force has issued a public warning about an ongoing phishing scam targeting Binance users in the region. They shared news of the scam in a Facebook post while urging Binance users who receive suspicious verification messages...
