Tag: latest updates
U.S. Compliance Takes Center Stage at OKX Following Industry Jitters
The cryptocurrency exchange OKX has reportedly undergone a significant internal shift, prioritizing its US-based compliance department above all other operational units, according to industry journalists. This move comes amidst growing regulatory scrutiny...
Court Sides with Coinbase on Wallet Service, But Staking Program Remains in Limbo
A recent court decision has delivered a mixed verdict for cryptocurrency exchange Coinbase in its ongoing legal battle with the Securities and Exchange Commission (SEC). The crux of the dispute centers around whether certain Coinbase offerings qualify as...
HSBC Streamlines Gold Investment for Hong Kong Residents with Tokenized Product
Hong Kong residents looking to invest in gold can now do so through a more convenient and accessible method thanks to HSBC’s launch of a tokenized gold product. This innovative initiative, a first-of-its-kind for retail investors in the region according t...
Hong Kong Seen Granting Mainland Investors Access to Crypto via ETFs
Hong Kong’s financial regulator, the Securities and Futures Commission (SFC), is expected to approve a structure for Bitcoin exchange-traded funds (ETFs) that could lure mainland Chinese investors into the cryptocurrency market, according to a Bloomberg I...
Musk’s Legal Bid Against Watchdog Thwarted
Elon Musk’s attempt to silence a watchdog organization known for its research into online hate speech backfired in a California courtroom yesterday. The judge presiding over the case dismissed Musk’s lawsuit entirely, siding with the research group, which...
Spot Bitcoin ETF Outflows Grab Investor Attention
The cryptocurrency market’s spotlight has shifted dramatically towards the movement of money in spot Bitcoin exchange-traded funds (ETFs), pushing traditional market fundamentals aside, according to a recent report by Coinbase. This shift comes on the hee...
Steer Clear: Common Pitfalls to Avoid When Entering the Bitcoin Market
Bitcoin, the trailblazer of cryptocurrencies, continues to capture headlines with its volatile price swings and potential for disruption. However, for the uninitiated, venturing into the world of Bitcoin can be fraught with risk. Here, we explore seven cr...
Apple Faces Mounting Antitrust Scrutiny After DOJ Lawsuit
Apple faces an intensifying global antitrust challenge after the U.S. Department of Justice (DOJ) filed a lawsuit accusing the tech giant of stifling competition through its control of the iPhone ecosystem. This lawsuit adds to a growing chorus of interna...
Tragedy in Treble: Authorities Nab Suspects After Deadly Concert Hall Assault
A horrific attack on a Moscow concert hall has left the nation reeling. Officials report at least 133 fatalities after gunmen stormed the Crocus City Hall venue on Friday evening. In a swift response, authorities have apprehended eleven individuals, inclu...
Patch It Up: Indian Authorities Urge Chrome Users to Update Browser
Indian cybersecurity officials are urging Google Chrome users to take immediate action and update their web browsers to the latest version. The Indian Computer Emergency Response Team (CERT-In) issued a high-severity warning on March 20, 2024, highlightin...
Do Kwon’s Extradition to South Korea Hits Roadblock
Do Kwon, the embattled founder of Terraform Labs, may have secured a temporary reprieve in his ongoing extradition saga. Unverified reports suggest that Montenegro, the European nation currently holding Kwon in custody, has put the brakes on his extraditi...
Crypto Gets Competitive: Green Bitcoin Unveils Gamified Staking with Big Prizes
Green Bitcoin is shaking up the cryptocurrency space with its novel “Gamified Green Staking” model. This system injects a dose of friendly competition into the world of crypto, offering users the chance to earn substantial rewards through accurate price p...
Decentralized Dreams: Web3 Network Aims to Reclaim User Data
A revolutionary web architecture is under construction, promising to wrest control of user data from the grasp of tech giants. This nascent web3 network, spearheaded by companies like Edge & Node, envisions a future where individuals, not corporations...
Digital Diversification: Institutions Eye Established Coins for Crypto Entry
The question of which cryptocurrencies will capture the attention of institutional investors continues to loom large over the digital asset market. While the allure of groundbreaking blockchain technology and niche projects remains undeniable, industry ex...
Judge Rejects Silvergate’s Dismissal in FTX Lawsuit, Bank Faces Fraud Allegations
A California judge has dealt a blow to Silvergate Bank’s attempt to distance itself from the FTX collapse. The ruling denies the bank’s motion to dismiss a lawsuit accusing it of aiding FTX in its alleged fraudulent activities. This decision paves the way...