Hong Kong flags 7 unregulated crypto exchanges for noncompliance

Zabu confirmed that the attacker successfully pulled out 4.5 billion tokens in Zabu Farm Contract and stole around $600K. 686 Total views 11 Total shares Zabu Finance, a DeFi application on the Avalanche blockchain, has reportedly been exploited for crypto tokens worth $3.2 million. The removal of a large number of tokens eventually reduced the…

Massachusetts Senator Elizabeth Warren is once again smearing the cryptocurrency industry and attempting to make Americans more dependent on big banks. Warren vowed in February to reintroduce the Digital Assets Anti-Money Laundering Act, a proposal that went nowhere when she first introduced it with Kansas Senator Roger Marshall in December 2022. While the proposal’s stated purpose…

The average deal size of crypto mergers and acquisitions reached $180 million in 2021, surging from $53 million in 2020, PwC said. 718 Total views 36 Total shares Merger and acquisition deals in the cryptocurrency industry, simply known as M&As, have massively increased in 2021, with associated value jumping nearly 5,000%, according to PwC, one…

Yes Bank’s app UPI integration is the first for the Indian retail CBDC, which has seen a variety of projects since its pilot launch since December. 41 Total views 1 Total shares The Reserve Bank of India (RBI) central bank digital currency (CBDC), the digital rupee, will have enhanced usability, Yes Bank announced Aug. 30.

Julian Assange is currently locked in a London jail fighting a four-year court battle against his extradition to the US. 173 Total views 1 Total shares The “Don’t Extradite Assange Campaign,” dedicated to gathering support against the extradition of Wikileaks founder Julian Assange to the United States, is launching a virtual political rally in the…

Japanese shipping company Nippon Yusen K.K. (NYK) is reportedly launching its own digital currency for crew members, Bloomberg reported Nov. 20.Established in 1885, Nippon Yusen is Japan’s largest shipping line in terms of sales. From April 1 to Sept. 30, 2018, NYK Group’s consolidated revenue was 915.6 billion yen ($8.1 billion).People familiar with the matter…

Online broker Monex Group, known for buying hacked Japanese crypto exchange Coincheck in April, has announced it will launch cryptocurrency trading in the United States, Cointelegraph Japan reports Wednesday, Dec. 12.Monex held a conference in Tokyo, where John Bartleman — president of Monex’s U.S. subsidiary TradeStation Group, Inc. — took part. He announced that crypto…

"There’s no reason to treat the crypto market differently just because different technology is used," said Gary Gensler. 595 Total views 22 Total shares Gary Gensler, chair of the United States Securities and Exchange Commission, said the agency’s protections that apply to investors of traditional assets should extend to those in the crypto market.In prepared…

The payments giant is bullish on stablecoins, but may be overlooking the potential of DeFi 2902 Total views 10 Total shares During the Visa Q1 earnings call on Thursday, chairman and CEO Al Kelly devoted a portion of his comments to reaffirming the financial giant’s commitment to crypto payments and onramps, as well as explaining…