Wala Na Bang Iba?! Community Questions Govt Offices Choice of Blockchain For National Project

The choice of Venom over more prominent options raises questions about its suitability and the selection process

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Nigerian SEC mandates local offices for crypto firms

The requirement also states that applicants must report customer complaints and emergent risks and be subject to SEC inspections, audits and monitoring.

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Institutional DeFi players will bring commercial real estate onchain: KPMG exec

DeFi activity from institutions would be more permissioned as market participants will want to know who theyre dealing with, KPMGs Kunal Bhasin said.

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Australian Tax Office seeks data from 1.2M crypto exchange users: Report

The personal and crypto-transaction related details could help identify users who failed to report their tax obligations, according to the Australian Tax Office.

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Met Office Leverages Azure Cloud for Enhanced Weather Forecasting

The Met Office transitions to a cloud-based supercomputer system in partnership with Microsoft Azure, promising improved weather forecasting and climate research capabilities. (Read More)

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Bitcoin Supply Shortage Builds Momentum for $200K Price Prediction by 2025 Insights from Bitwises Chief Investment Officer

The tightening supply of Bitcoin is instilling confidence in investors, with some experts predicting a price target of $200,000 by 2025. According to the Chief Investment Officer of Bitwise Asset Management, the decreasing supply of Bitcoin due to halving events and increased institutional adoption is setting the stage for a significant price surge in the [...]

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Blockdaemon gets greenlight for UAE expansion in Abu Dhabi

Blockdaemon gets the go-ahead for further expansion in the UAE with a new office in Abu Dhabi to boost web3 growth and push for institutional-grade adoption.

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Discover How Hackers Conceal Crypto Address-Swapping Malware in Microsoft Office Add-In Bundles

Microsoft Office Extension Packages Conceal Malware, Swap Crypto Addresses Cyber attackers are increasingly using sophisticated methods to target individuals and businesses, with a recent trend involving malware hidden within Microsoft Office extension packages. These malicious extensions are capable of replacing cryptocurrency wallet addresses, resulting in users unknowingly sending funds to the attacker’s wallet instead of [...]

The post Discover How Hackers Conceal Crypto Address-Swapping Malware in Microsoft Office Add-In Bundles appeared first on Crypto Breaking News.

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Worldcoin Faces Investigation by Germany's Regulator

The Bavarian State Office for Data Protection Supervision has initiated an investigation into the Worldcoin crypto project, a new initiative that requires users to provide iris scans in exchange for a digital ID and potentially free cryptocurrency, according to Reuters. (Read More)

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Kenyan Data Regulator Issues Warning as Residents Rush to Get Worldcoin’s ‘Free Money’

The Kenyan data regulator said it is conducting an “assessment of Worldcoin’s practices to ensure compliance with the law.” The data regulator has urged “increased vigilance” by Kenyans who are signing up to receive Worldcoin’s “free money.” Immaculate Kassait warned of the consequences to token recipients and issuers should the data regulator fail to ensure [...]

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OKX seeks Australian expansion citing 'huge appetite' for crypto

The exchange's chief marketing officer believes Australians are above-the-curve when it comes to crypto education and interest.

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FTX lawyers, creditors slam SBF’s petition to get legal fees reimbursed

Sam Bankman Fried’s new petition to have his legal expenses reimbursed has been met with fierce objection from lawyers representing the crypto exchange and its creditors committee. As per previous reporting by Cointelegraph, Bankman-Fried’s lawyers had filed a motion on March 15 seeking to have his court costs covered by directors and officers (D&O) insurance [...]

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UK Approves Charges Against NCA Officer for Suspected Bitcoin Theft

The United Kingdom has recently brought charges against a police officer for his involvement in a Bitcoin theft case. The officer, along with four other individuals, is accused of stealing Bitcoin from criminals. This case sheds light on the vulnerability of digital assets to theft and the importance of securing them properly. The accused officer [...]

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Tether Assists US Government in Seizing $1.4 Million From Unhosted Wallet

Tether, the company behind the issuance of USDT, the largest stablecoin in the cryptocurrency market, announced that it helped the U.S. government to seize $1.4 million linked to an alleged fraud scheme. According to the Northern District of Illinois U.S. Attorney’s Office, the seizure marks one of the first times that the U.S. has recovered [...]

The post Tether Assists US Government in Seizing $1.4 Million From Unhosted Wallet appeared first on Crypto Breaking News.

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Coinbase Files Legal Challenge Against SEC for Crypto Regulation Clarity

In a significant legal confrontation, Coinbase has filed a challenge against the U.S. Securities and Exchange Commission (SEC) in the Third Circuit, contesting the SECs refusal to establish clear rulemaking for digital assets. San Francisco Crypto Exchange Coinbase Initiates Legal Action Against SECs Crypto Regulation Approach Coinbase’s legal action underscores the ongoing tension between the [...]

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ADX-listed stocks now available on eToro

eToro, the trading and investing platform, has added stocks listed on the Abu Dhabi Securities Exchange (ADX) to its platform.

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Canadian Regulator Proposes Changes to Its ‘Capital and Liquidity Approach to Crypto-Assets’

The regulator of financial institutions in Canada said on July 26 that it had started the process of gathering the public’s view on proposals to change its “capital and liquidity approach to crypto-assets.” The draft guidelines are a response to the Basel Committee on Banking Supervision’s new banking standards for crypto-asset exposures. Staying Abreast With [...]

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French Authorities Raid 5 Major Banks Over Accusations of Money Laundering and Fiscal Fraud

On Tuesday, French officials conducted raids on five major banks located in and around Paris, including Societe Generale, BNP Paribas, HSBC, Natixis, and BNP’s Exane Bank, over alleged charges of money laundering and fiscal fraud. According to a spokesperson for France’s Financial Prosecutor’s Office (PNF), the preliminary investigation into four French banks and one international [...]

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Binance Sued by CFTC for Alleged Violations of Trading and Derivatives Rules

The world’s largest crypto exchange by trade volume, Binance Holdings Ltd., has been sued by the U.S. Commodity Futures Trading Commission. Binance CEO Changpeng Zhao has been named in the lawsuit and the charges claim the crypto exchange broke several trading and derivatives rules. The lawsuit also names Binance’s former chief compliance officer, Samuel Lim, [...]

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Top 7 legal and compliance jobs in the crypto market

Explore essential skills for top legal and compliance jobs in the crypto market.

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