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Digital Asset Platforms Lose a Record $2.1B in 2024, Mostly Due to Hacks
30.9.2024
A Cyvers report reveals that centralized and decentralized digital asset platforms suffered $2.114 billion in losses in the first nine months of 2024, surpassing 2023’s total. Hacks and breaches account for the majority of these losses, emphasizing the need for enhanced security measures....
CFTC Sues Over $3.6M Digital Asset Fraud Targeting Asian Americans
29.9.2024
The U.S. Commodity Futures Trading Commission (CFTC) has initiated legal action against a fake trading platform and its associates for defrauding investors out of $3.6 million. The scheme, which targeted Asian Americans, involved soliciting funds in fiat and digital assets, with false promises...
$1.1B TIA token release to push October’s crypto unlocks to almost $2B
27.9.2024
Celestia tokens worth $1.1 billion will be unlocked on Oct. 31, while $300 million in Cheelee tokens will be released on Oct. 10.
SEC chair Gensler plugs changes to exchange definition that worries crypto
26.9.2024
Gary Gensler reminded a conference on Treasury bonds about a proposed rule change that would impact DeFi, too
South Korean foundation to recover funds from defunct crypto exchanges
25.9.2024
The Digital Asset User Protection Foundation will be set up by the DAXA self-regulatory organization and receive support from financial authorities
South Korean foundation to recover funds from defunct crypto exchanges
25.9.2024
The Digital Asset User Protection Foundation will be set up by the DAXA self-regulatory organization and receive support from financial authorities
The Galois Capital Settlement Signals a New Era for Digital Asset Custody
25.9.2024
Fed’s 50bps Reduction Triggers $321M in Digital Asset Inflows, Coinshares Reports
23.9.2024
Digital asset investment products recorded inflows of $321 million in the second consecutive week of positive activity, according to a report by Coinshares. The surge in inflows is largely attributed to the Federal Open Market Committee’s (FOMC) decision to cut interest rates by 50 basis...
Digital Asset, DTCC complete collateral tokenization pilot
23.9.2024
The project aimed for speed, privacy and legal compliance while using highly accessible and desirable US Treasury bonds as a collateral asset
Digital Asset, DTCC complete collateral tokenization pilot
23.9.2024
The project aimed for speed, privacy and legal compliance while using highly accessible and desirable US Treasury bonds as a collateral asset
Digital Asset Funds See Second Consecutive Week of Inflows: CoinShares
23.9.2024
Bitcoin-linked products led with $284 million of inflows, while their ether equivalents saw outflows of $29 million
African economies show high potential for digital asset adoption
22.9.2024
South Africa emerges as a leading digital asset hub, driving growth in crypto with proactive regulations and expanding platforms like VALR
Court Orders New York Man to Pay $36M for Forex, Digital Asset Fraud
21.9.2024
William Koo Ichioka has been ordered to pay over $36 million after admitting to a forex and digital asset fraud scheme. His scam, which started in 2018, involved falsifying financial documents and misusing investor funds for personal luxuries like cars and jewelry. In addition to financial...
Hashgraph Association to explore digital asset use cases with Qatar stakeholders
20.9.2024
The Hashgraph Association will explore digital asset use cases like equity and real estate tokenization with stakeholders in Qatar.
Hashgraph Association to explore digital asset use cases with Qatar stakeholders
20.9.2024
The Hashgraph Association will explore digital asset use cases such as equity and real estate tokenization with stakeholders in Qatar.
FBI Cracks Down on Illegal Gambling Network Using Fake Crypto
19.9.2024
A Denver resident has been convicted of running an illegal gambling business involving several parlors across Colorado. The scheme involved electronic games and a fake cryptocurrency to conceal the exchange of credits for cash, revealing fraud and money laundering. The only function of this crypto...
Binance Seeks Release of Jailed Employee Before Pursuing Nigerian License
19.9.2024
Binance has made the release of Tigran Gambaryan a condition for seeking registration in Nigeria. The exchange is reluctant to register due to outstanding issues with the government. It reportedly believes the SEC’s hastily formulated framework is not supported by law. Despite this, Binance...
US Lawmakers Call for Clear SEC Rules on Digital Asset Airdrops
19.9.2024
Congressman Tom Emmer is pushing the U.S. Securities and Exchange Commission (SEC) to provide clear rules on digital asset airdrops, arguing that current regulatory uncertainty is stifling innovation and blocking American participation in blockchain projects. He emphasized the importance...
Ethereum’s Battle Continues: Coinshares Reports Outflows Persist as Market Recovers
16.9.2024
The latest flows report from Coinshares, led by its top market analyst James Butterfill, uncovers a strong recovery in digital asset investments, hitting a total of $436 million. The report emphasizes bitcoin as the frontrunner, while ethereum is still facing challenges with continued outflows....
Does Hong Kong’s slow approach to crypto regulation risk stifling digital asset growth?
14.9.2024
Hong Kong risks falling behind in crypto as the city is urged to speed up regulation to keep pace with the rapidly evolving industry