Swiss crypto bank SEBA secures Hong Kong SFC license
License allows SEBA to conduct regulated activities in Hong Kong, encompassing the dealing and distribution of all securities, including virtual assets-related products.
Saniya Raahath
Mutant Ape Planet Developer Arrested For Alleged $2.9m NFT Rug Pull
As per US DOJ, over $2.9 million in purchasers' cryptocurrency was diverted as part of Michel's scheme.
How Profitable Is Bitcoin Mining In Bear Market?
Bitcoin mining is a complex computational and technological process of validating bitcoin transactions over the Bitcoin network.
NFT Wash Trading: Everything You Need to Know
Wash trading and money laundering through the purchase of NFTs were the two most common activities related to NFTs scams.
U.S. Senate Banking Chair States Banning Crypto Is A Potential Option
Sherrod stated that cryptocurrencies are “dangerous” and a “threat to national security.”
Bankrupt FTX Seeks Approval for $744 Million Crypto Trust Asset Sale
Key Takeaways Bankrupt cryptocurrency exchange FTX, along with its debtors, has submitted a request to the U.S. bankruptcy court in Delaware seeking approval to sell trust assets, including funds from Grayscale and Bitwise, valued at an estimated $744 million. The…
Hong Kong SFC Considers Allowing Spot Crypto ETFs: Report
Key Takeaways Regulatory authorities in Hong Kong are currently evaluating the feasibility of enabling retail investor access to spot ETFs investing in cryptocurrencies, with a focus on addressing regulatory concerns effectively. Securities and Futures Commission Chief Executive Officer Julia Leung,…
Bitfinex Addresses Minor Security Breach; User Assets Secure
Key Takeaways Bitfinex, a prominent cryptocurrency exchange, has disclosed a security breach that unfolded between October 30 and November 5. This event transpired when a customer support agent was targeted in a hacking attempt, leading to subsequent phishing attacks on…
SEC Asks Court For Summary Judgment in Terraform Labs, Do Kwon Case
Key Takeaways In a recent legal development, the United States Securities and Exchange Commission (SEC) is contesting the conclusions reached by a jury in the case involving alleged violations by Terraform Labs. The SEC now seeks a summary judgment on…
Ripple Chosen by National Bank of Georgia as Tech Partner for Digital Lari CBDC Project
Key Takeaways In a significant development, Ripple has secured a pivotal role as the official technology partner for the National Bank of Georgia’s (NBG) ambitious Digital Lari (GEL) pilot project. Ripple’s selection as the technology partner for this groundbreaking initiative…
