On November 15, the United States House Financial Services Subcommittee on Digital Assets, Financial Technology, and Inclusion held a bipartisan hearing titled “Crypto Crime in Context: Breaking Down the Illicit Activity in Digital Assets.” The hearing aimed to explore blockchain’s role in combating crypto crime. Chair French Hill initiated the meeting by referencing an article […]
Investment firm Proof Group is one of many bidders seeking to relaunch bankrupt crypto exchange FTX, according to a person familiar with the matter. Reporting from Yahoo Finance, Wednesday (11/15/2023), this company is also part of the Fahrenheit consortium, a group of crypto investors and companies that won the bid to acquire the remains of […]
In a recent development, cybersecurity experts have uncovered a potential threat to the security of crypto assets, with up to $2.1 billion in digital currencies believed to be at risk. On November 14, Unciphered, a leading cybersecurity company, unveiled a vulnerability named “Randstorm” that affects crypto wallets generated through web browsers from 2011 to 2015. […]
OKX has teamed up with custody provider Komainu and asset manager CoinShares to enable continuous trading of segregated assets, aiming to boost institutional adoption of digital assets. CoinShares will handle trading on the OKX exchange, while Komainu, a third-party custody provider, will manage collateral assets to mitigate counterparty risks. Sebastian Widmann, head of strategy at […]
The Democratic Party of Korea has introduced a new requirement for its candidates, making it mandatory for them to disclose their cryptocurrency holdings, professional backgrounds, academic history, and photos to the public. This move is aimed at enhancing transparency and building public trust ahead of South Korea’s 2024 general election. Han Byung-do, the chairman of […]
Disney has announced a collaboration with NBA Top Shot creator Dapper Labs to launch an NFT collectibles platform named Disney Pinnacle. This platform, inspired by Disney’s physical pins traded at theme parks, will feature digital collectibles minted as NFTs on the Flow blockchain, the same network as NBA Top Shot and NFL All Day. Disney […]
Global macro director at financial services giant Fidelity, Jurrien Timmer shared his bitcoin outlook in a series of posts on social media platform X last week. According to Timmer Bitcoin is a commodity currency that aims to be a store of value and he considers it to be exponential gold. “In my view, bitcoin is […]
In the dynamic realm of cryptocurrency, innovation is key, and Bitlink is stepping into the limelight with its world-class trading platform. This November, the eagerly anticipated Initial DEX Offering (IDO) on the Binance Smart Chain Starter (BSCS) platform is set to take place, marking a significant milestone for Bitlink and its community. Unveiling Web3 Potential […]
Midas, a stablecoin backed by US Treasuries, is set to make waves in the cryptocurrency and traditional finance convergence. The project is introducing its stUSD token to popular decentralized finance (DeFi) platforms like MakerDAO, Uniswap, and Aave in the coming weeks, with plans for a retail launch in early 2024. Midas aims to tap into […]
Jump Crypto, a segment of the Jump Trading group, is currently facing scrutiny from the US Securities and Exchange Commission (SEC) for its alleged involvement in transactions with former Terraform Labs CEO Do Kwon. Reporting from Yahoo Finance, written on Sunday (12/11/2023), the SEC investigation is focused on whether Jump Crypto entered into an agreement […]