Could centralization be the silent killer of AI and cloud innovation?

Explore the risks of centralization in cloud computing and AI and discover how decentralized models are changing the landscape for innovation and independence.

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Attacker drains $1.4M from CUT token pools via mysterious unverified contract

An account used an unreadable function to remove 1.4 million BSC-USD without needing to burn the equivalent LP tokens.

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UAE regulators to allow Dubai-licensed VASPs to service entire country

The agreement between UAE regulators covers the mutual supervision of crypto providers, penalty imposition, information exchange and employee training. 

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Thailand launches regulatory sandbox to test crypto services

Thailand has been moving toward a more crypto-friendly stance throughout 2024, approving a Bitcoin ETF, initiating tax breaks for crypto and more.

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Binance Announces Updates to Spot Liquidity Provider Program

Binance is set to update its Spot Liquidity Provider Program on September 9, 2024, introducing new benchmarks and qualifications. (Read More)

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French regulator accepting CASP applications ahead of MiCA rollout

The AMF is giving firms registered under its current DASP rules ample time to transition, too.

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Taiwan Mobile receives VASP license, entry to crypto market

Taiwans second-largest telecom has found a way into the crypto market, bring resources and experience with it.

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PancakeSwap rewards users with 2.4M ZK token airdrop

PancakeSwap will airdrop 2.4 million ZK tokens to reward its community and boost zkSync PancakeSwap engagement.

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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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Wintermute in $300M funding talks, Tencent interested: Report

The crypto market maker could have a valuation of $2 billion if the talks come to fruition.

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Bitcoin miner Core Scientific strikes $3.5B AI partnership

Core Scientific expects that its AI collaboration with CoreWeave will generate $3.5 billion over 12 years from renting out 18% from its infrastructure.

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MiCA laws come into effect in Europe Heres what you need to know

The EUs Markets in Crypto-Assets Regulation introduces new rules for the cryptocurrency industry, which will affect stablecoins and crypto asset service providers.

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Nigerian SEC announces new rules, compliance program for digital assets

While this application process is intended to improve compliance, VASPs are directed to complete it no later than 30 days from the circular date.

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Zimbabwe consults crypto firms on virtual asset regulation needs

The Zimbabwean government hopes to create a regulatory structure tailored to countrys specific needs and conditions.

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Taiwan proposes tougher AML measures for crypto service providers

Taiwans Ministry of Justice proposed four amendments to the countrys AML regulations focused on cryptocurrency firms that plan to impose hefty penalties for noncompliance.

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PNP Subpoenas Local VASPs, 4.5M in Crypto Frozen by Foreign Exchange in Anson Que Ransom Case

Police uncovered how ransom in the Anson Que case was funneled through unregistered e-wallets linked to junket operators and converted into cryptocurrency.

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ShibaSwap rolls out major upgrade, moves to Shibarium

Previously only available on the Ethereum blockchain, the DEX will now operate on both Shibarium and Ethereum.

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Binance Updates Fiat Liquidity Provider Program to Include MXN and CZK Markets

Binance, one of the leading cryptocurrency exchanges, has announced updates to its Fiat Liquidity Provider Program. The program will now include the addition of MXN and CZK markets, providing more options for liquidity providers. The update will take effect on April 10, 2024. (Read More)

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Binance Co-Founder Changpeng Zhao to Provide Expertise on Blockchain Technology to Kyrgyzstan

Binance CEO Changpeng Zhao Offers Guidance on Crypto to Kyrgyzstan Changpeng Zhao, founder of the renowned cryptocurrency exchange Binance, recently shared his insights on the potential benefits of embracing digital assets with officials from Kyrgyzstan. Zhao discussed the positive impact that cryptocurrencies can have on economic development and financial inclusion during a meeting with representatives [...]

The post Binance Co-Founder Changpeng Zhao to Provide Expertise on Blockchain Technology to Kyrgyzstan appeared first on Crypto Breaking News.

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Crypto Leaders Urge Public to Send Comment About  SECs New Crypto Asset Service Provider Rules

DvCode CEO Eliezer Rabadon and CryptoArt PH Co-Founder Jopet Arias encourage Filipinos to send feedback on the SECs revised CASP guidelines during a BitPinas webcast, citing the importance of public participation in shaping crypto regulations.

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