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South Korea’s financial watchdog wants to ‘quickly’ review crypto legislation: Report
The FSC will reportedly “make institutional supplements that will take a balanced approach to blockchain development, investor protection and market stability" on bills proposed. 191 Total views 6 Total shares The chair of South Korea’s Financial Services Commission said the regulator plans to expedite its review of 13 bills pending in the country’s National Assembly…

Binance-backed WazirX is the latest Indian exchange to launch staking
WazirX is the second Indian crypto exchange to launch in-app staking. The Binance-backed Indian cryptocurrency exchange WazirX has launched a new in-app staking feature on Sept. 1 that will allow its users to stake cryptocurrencies to earn interests.Staking is the process of holding cryptocurrencies in a wallet to support the operations of a proof-of-stake blockchain…

English Football Club Hit With Multi-Million Dollar Ransomware Attack
Cybersecurity authorities in the UK warned that ransomware could threaten the sports sector. The UK National Cyber Security Centre released a report on July 23 that discloses a growing trend in ransomware attacks against the sports sector. They noted a recent example in which attackers demanded that an English Football League club, or EFL, pay…

Sam Bankman-Fried blamed Binance for balance sheet leak to media: Court evidence
An internal document was revealed in court showing Sam Bankman-Fried believed Binance leaked Alameda’s balance sheet to the media in 2022. 359 Total views 2 Total shares Evidence presented in court as a part of the ongoing criminal trial against Sam “SBF” Bankman-Fried, former CEO of crypto exchange FTX, reveals SBF believed Binance leaked an

Google Cloud launches Ethereum-compatible blockchain RPC service
Google Cloud’s Blockchain Remote Procedure Call (RPC) service is compatible with only Ethereum for now, but support for more blockchains is coming.

Coinbase cut costs and bolstered rep, but profits remain challenged: Analysts
Cryptocurrency exchange Coinbase won’t escape from the profitability challenges it will face from the crypto market downturn, despite having a strong brand and credibility in the crypto market, according to investment analysts.Credit rating firm Moody’s released a note on Coinbase on Jan. 19 discussing its downgrade of the company’s senior debt and corporate family rating…

South Korean lawmakers push back against controversial “know-the-sender” rule
If passed, more stringent reporting requirements would apply to domestic and international transactions, which some say would damage the growth of the industry. 1121 Total views 13 Total shares South Korea’s crypto community coul soon face stringent reporting requirements on all cryptocurrency transactions, with the country’s National Assembly currently debating whether “know-the sender” (KTS) rules…

Cardano (ADA) loses top 10 crypto spot as Tron sees growth
ADA falls from the top 10 list of largest cryptocurrencies as competing blockchains see an uptick in users.