Canadian crypto exchange gambled away $9.5M of users’ Bitcoin and Ether

Coming every Sunday, Hodler’s Digest tracks every important crypto news story from the previous week. Essential reading for all Hodlers!Top Stories This WeekCFTC charges BitMEX with illegally operating derivatives exchangeThe U.S. Commodity Futures Trading Commission has charged the derivatives exchange BitMEX with operating an unregistered trading platform and violating Anti-Money Laundering regulations.A civil enforcement action…

Most cryptocurrencies are likely to be regulated as securities in the United States according to the CEO of Intercontinental Exchange Inc (ICE), Jeffrey Sprecher, and Senator Elizabeth Warren. The renewed focus on regulating cryptocurrencies as securities comes in light of FTX’s recent implosion, which wiped countless billions from the market, put consumer funds in limbo…

Data negates the possibility of liquidators behind the fund transfers due to the use of mixing tools and extensive planning to hide transaction paths. 238 Total views 2 Total shares Ho-ho-ho! Get Limited Holiday Trait!Collect this article as an NFT30 cryptocurrency wallets linked to Alameda Research, the bankrupt sister company of crypto exchange FTX, became…

With the rising interest in digital assets from institutional and retail investors, custody options have also experienced parallel growth. As a result, different kinds of custody choices have evolved as the market changes, and new providers are working to establish the structures and controls that are most effective for particular markets and offerings.Self-custody, exchange wallets…

Elon Musk will accumulate Bitcoin, but will he spend it? The Tesla CEO now has the chance to pay his rent in BTC following its adoption by the real-estate firm he uses. 423 Total views 9 Total shares After becoming a corporate pioneer in cryptocurrency adoption, Elon Musk could be about to take the next…

Chinese technology experts held a seminar titled "Blockchain technology helps China's new social credit system" on Jan. 14. English-language news outlet China.org.cn reported on Jan. 22 that over 20 experts from universities, research institutes and businesses attended the event.China’s social credit system is a citizen reputation system that the Chinese government is currently developing. Social…

A new proof-of-concept will be tested to send fiat-backed stablecoins between banks to reduce fees and transaction times on international payments. 839 Total views 14 Total shares South Korea’s Shinhan Bank and Hedera Hashgraph (HBAR) have completed a proof of concept that is designed to conduct international remittances using stablecoins on the Hedera Network.The new…

When making a cryptocurrency purchase, users must decide between a broker, a digital asset exchange or a direct exchange with a seller. Although there are several different methods to purchase cryptocurrencies, the most common question investors will ask is if they should use a broker or an exchange. Perhaps, the most common between the two…

Circle CEO Jeremy Allaire revealed four of the biggest reasons he’s “more optimistic” about crypto and stablecoins than ever before.