Key Takeaways Coinbase has filed two new Freedom of Information Act (FOIA) requests in an ongoing effort to gain more transparency regarding U.S. cryptocurrency regulations. The first FOIA request seeks documents related to a deposit cap that the Federal Deposit…
Key Takeaways A major blame game has ensued between WazirX, one of India’s leading crypto exchanges, and its custody partner Liminal following a July cyberattack that led to the loss of $235 million in user assets. The hack, which took…
Key Takeaways Grant Colthup, the former CEO of Mine Digital, has been charged with fraud after allegedly misusing $1.47 million (AU$2.2 million) from a Bitcoin investor. On October 21, 2023, the Australian Securities and Investments Commission (ASIC) revealed the charges…
Key Takeaways Chirag Tomar, a 31-year-old Indian national, has been sentenced to five years in prison for his role in a $20 million cryptocurrency fraud scheme that targeted Coinbase users globally. The sentence was handed down by U.S. District Judge…
Key Takeaways The U.S. Securities and Exchange Commission (SEC) has granted approval for the listing and trading of options on spot Bitcoin exchange-traded funds (ETFs) through both the New York Stock Exchange (NYSE) and the Chicago Board Options Exchange (CBOE).…
Key Takeaways The official X (formerly Twitter) account of EigenLayer, a decentralized restaking protocol, has reportedly fallen victim to a hacking incident. Users have been warned against clicking any links shared from the compromised account, which has begun disseminating phishing…
Key Takeaways The Ras Al Khaimah Digital Assets Oasis (RAK DAO), a specialized free economic zone in the United Arab Emirates, is set to introduce a legal framework for decentralized autonomous organizations (DAOs). The new regulatory guidelines will be unveiled…
Key Takeaways The U.S. Securities and Exchange Commission (SEC) has filed an appeal against parts of the court’s decision in favor of Ripple Labs, challenging the ruling on the sales of its cryptocurrency, XRP. On October 17, Ripple’s defense attorney,…
Key Takeaways Leading decentralised finance (DeFi) protocol, Ambient Finance, alerted its users to a cyberattack that compromised its Domain Name System (DNS). The hackers targeted the protocol’s website, embedding malicious links aimed at stealing assets. However, Ambient assured its users…
Key Takeaways Asset Manager Canary Capital has officially filed an application with the U.S. Securities and Exchange Commission (SEC) to launch a spot Litecoin (LTC) exchange-traded fund (ETF). The proposed Litecoin ETF is designed to hold spot Litecoin and track…
