Korean Politician To Sell Crypto Assets Amid Public Criticism
Kim Nam-kuk, a lawyer and politician from South Korea, will apparently liquidate his bitcoin holdings due to a conflict of interest with his holdings.
Aadrika Sharma
Opyn Co-Founders Resign in Light of Recent CFTC Measures
Key Takeaways: In the dynamic realm of decentralized finance (DeFi), Opyn, a prominent options protocol, finds itself at a crossroads, with recent regulatory developments prompting a significant shake-up in its leadership. Co-founders Zubin Koticha and Alexis Gauba have made the…
Zipmex’s $100m buyout in trouble as investors fail payment timeline
Key takeaways: As a result of an investor missing a deadline to make a US$1.25 million payment, the troubled cryptocurrency exchange Zipmex is having problems with its US$100 million venture capital acquisition, according to Bloomberg. After being impacted by the…
Tron’s Justin Sun charged by SEC over Market Manipulation Charges
Justin Sun, the creator of Tron, has been accused of fraud and selling unregistered securities, according to the Securities and Exchange Commission.
RBI and UAE’s Central Bank to collaborate on improving CBDC interoperability
The Central Bank of the United Arab Emirates (UAE) and the Reserve Bank of India (RBI) have decided to work together on cross-border central bank digital currency (CBDC) transactions for commerce and remittances.
Ethereum Whale Burns $4.5 Million, shocks community
key takeaways: In a recent jaw-dropping turn of events, the crypto community was left in awe as a significant 2,500 Ether (ETH), valued at a staggering $4.5 million, was deliberately burned. The mysterious act, orchestrated through the Ethereum Name Service…
Mango Markets attackers ordered into detention
Avraham Eisenberg, the Mango Markets exploiter, has received a detention warrant.
Hong Kong lawmaker wants CBDC with Defi features
In an effort to come up with new ideas for a central bank digital currency, Hong Kong officials are thinking about releasing a CBDC in the form of a stablecoin supported by the government
Bithumb’s Largest Shareholder Committed Suicide
Key takeaways: The vice president of Vidente Co. (surname Park) was discovered dead in front of his residence in southern Seoul, as per local South Korean news outlets. The company is Bithumb Holdings Co.’s largest stakeholder, and Bithumb Holdings Co.…
Bitcoin and Ethereum Are Not Securities : Belgium’s FSMA
As per the financial watchdog in Belgium, cryptocurrencies like bitcoin and ether cannot be categorised as securities or investment instruments
