UK cryptocurrency ownership rises to 12% as FCA prepares new regulations
The UK’s top financial regulator, the FCA, has published a regulatory roadmap that plans to release comprehensive cryptocurrency regulations by 2026.
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Crypto lender Polter Finance halts operations after $12M hack
Polter Finance suffered a $12 million flash loan hack and is now investigating stolen funds linked to Binance wallets and offering to negotiate with the attacker.
Circle Announces Support for USDC Stablecoin on Algorand Blockchain
USD Coin, which is a joint venture of Circle and Coinbase, will soon launch on the Algorand blockchain. 1523 Total views 26 Total shares The Algorand Foundation has announced that the USD Coin (USDC) stablecoin will be launched on the Algorand (ALGO) blockchain.The integration will allow customers using Circle APIs or Circle Business Accounts to…
Ronin bridge hack caused by error in upgrade deployment script — Verichains
The upgrade deployment script failed to call an important initialization function, leaving the vote threshold at zero and allowing anyone to withdraw “without signature.”
Crypto firms beware: Lazarus’ new malware can now bypass detection
The malware payload “LightlessCan" — used in fake job scams — is far more challenging to detect than its predecessor, warns cybersecurity researchers at ESET. 200 Total views 6 Total shares North Korean hacking collective Lazarus Group has been using a new type of “sophisticated” malware as part of its fake employment scams — which
Coinbase hit with proposed trademark lawsuit over Nano derivative products
Crypto exchange Coinbase has been named as a defendant in a legal complaint brought by NanoLabs — the company behind the digital currency Nano (NANO) — over alleged trademark infringement. In the Feb. 24 filing with the California Northern District Court, NanoLabs alleged Coinbase's Nano Bitcoin futures contract and Nano Ether futures contract products infringe on…
The SEC’s Guidelines and Statements Show That It’s Slowly Learning to Accept ICOs
Initial coin offerings (ICOs) may be less fashionable than security token offerings (STOs) right now, but that hasn't stopped the United States Securities and Exchange Commission (SEC) from keeping its beady eye trained firmly on them. Ever since it published its investigation into the decentralized autonomous organization (DAO) in July 2017 and declared that ICO tokens…
Crypto Markets Showing Signs of Recovery, Bitcoin Hovers Around $8,200
Monday, Sept. 30 — Bitcoin (BTC), together with most altcoins, has been trading relatively flat in the last 72 hours, but the overall crypto market seems to be ready to turn around.Cryptocurrency market daily overview. Source: Coin360Bitcoin has not yet been able to recover from last Tuesday’s double-digit losses, but the coin is showing signs…
MIT adds the Bank of England to its stable of CBDC digital currency research partners
The Bank of England will launch a yearlong joint research project with MIT, which is already working with the Fed and Bank of Canada. 111 Total views 3 Total shares The Bank of England announced Friday that it had reached an agreement with the Massachusetts Institute of Technology Media Lab Digital Currency Initiative, or DCI,…