Blockchain Security Technology

Mixin Network: $200 Million Hack Sparks Investigation and Livestream Revelation

The company announced this development on X (formerly Twitter). In response, Mixin Network has enlisted the help of SlowMist, a blockchain security firm, to conduct an investigation. According to SlowMist’s statement, the Mixin Network cloud service provider’s database was compromised during an attack on Saturday. Mixin Network has stated that they plan to reopen these […]

News

The Global Bitcoin Billionaire Trend: Only Six and Counting

According to Henley & Partners’ 2023 Crypto Wealth Report, approximately 500 million people worldwide have invested in cryptocurrencies, but only 22 individuals, a tiny fraction, have amassed assets exceeding $1 billion. As of June 30th, there were roughly 210 million Bitcoin investors globally, with an even larger group of 425 million holding various cryptocurrencies. Bitcoin’s […]

Cryptocurrency Regulations

UK’s FCA Issues Final Warning to Crypto Entities: New Regulations Looming

On October 8th, the UK Financial Conduct Authority (FCA) will begin implementing new regulations regarding the promotion of digital assets. In a final warning, the FCA is urging all crypto entities to adhere to these new policies once they come into effect. Lucy Castledine, Director of Consumer Investments at the FCA, stated that entities unable […]

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ASIC Sues Australian Crypto Exchange Kraken for $13 Million Losses

The Australian Securities & Investments Commission (ASIC) has initiated legal action against Bit Trade, an Australian crypto exchange that offers services through the US-based Kraken platform, due to alleged non-compliance with financial regulations. ASIC oversees financial services and consumer credit in Australia and has accused Bit Trade of failing to meet the design and distribution […]

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Anti-CBDC Bill Gains Momentum with Support from 60 Congress Members

In a significant development, the House Financial Services Committee has successfully passed the CBDC Anti-Surveillance State Act, a bill aimed at preventing the Federal Reserve from issuing a central bank digital currency (CBDC). Representative Tom Emmer, known for his support of decentralized cryptocurrencies, announced on social media that the legislation had received approval from the […]