key takeaways: In a significant development for the cryptocurrency industry, Fidelity Investments, one of the world’s largest asset managers, is preparing to submit a spot Bitcoin exchange-traded fund (ETF) filing. The world’s largest asset management company Fidelity is almost ready…
Key takeaways: In a strategic move to broaden its derivatives offerings across the European Union, cryptocurrency exchange giant Coinbase has announced plans to acquire a MiFID-licensed entity in Cyprus. The endeavor, pending regulatory approval, is set to significantly enhance Coinbase’s…
Key takeaways: In a year marred by significant cybersecurity incidents, North Korea (DPRK) has solidified its position as a formidable player in digital theft through the activities of the highly sophisticated Lazarus group. Accused of orchestrating cryptocurrency hacks amounting to…
Key takeaways: On January 5, CertiK, a prominent firm specializing in blockchain security and smart contract audits, found itself at the center of a cyber attack on its official Twitter account. The incident, which occurred just a day after the…
Key takeaways: Huobi Korea, the South Korean cryptocurrency exchange that originated as the Korean branch of the global exchange HTX, is slated to cease its services on January 29, according to an official announcement released last Friday. The decision comes…
Key takeaways: In a significant policy shift, Nigeria‘s central bank has released updated guidelines for banks handling cryptocurrency accounts, signalling a change in the country’s stance towards digital assets. The move comes after the central bank recently lifted its ban…
Key takeaways: In a move to enhance the resilience of the European Union’s banking sector, the European Banking Authority (EBA) is set to intensify efforts to assess the potential impact of strains in non-bank financial institutions (NBFIs), with a particular…
Key Takeaways: Bill Lou, CEO, and co-founder of Nest Wallet have recently become a target of a sophisticated phishing scam, resulting in the loss of 52 stETH, equivalent to $125,000. The elaborate scheme involved a fraudulent airdrop for the LFG…
Key Takeaways: As the January 10 deadline for the potential approval of spot Bitcoin (BTC) ETFs looms, the Securities and Exchange Commission (SEC) finds itself inundated with a significant volume of paperwork. Despite a surge in the Bitcoin price indicating…
Key takeaways: In a series of cybercrimes, the notorious hacking group known as “Pink Drainer” has been unmasked as the mastermind behind a string of hacks on Discord and Twitter throughout the year. Their illicit activities have resulted in the…
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