Key Takeaways North Korean hackers have significantly ramped up their crypto theft activities in 2024, as per a report from blockchain analytics firm Chainalysis. In total, North Korean-affiliated hackers stole an estimated $1.34 billion in digital assets across 47 incidents,…
Key Takeaways The United States Securities and Exchange Commission (SEC) has approved Bitcoin and Ether spot exchange-traded funds (ETFs) from Hashdex and Franklin Templeton. The SEC’s approval, announced on December 19, allows both funds to list on prominent exchanges. Hashdex’s…
Key Takeaways El Salvador has announced plans to continue purchasing the cryptocurrency, potentially at an accelerated pace, following a $1.4 billion financing deal with the International Monetary Fund (IMF). The National Bitcoin Office of El Salvador confirmed on Dec. 19…
Key Takeaways Cryptopia, the defunct New Zealand-based crypto exchange, has commenced the long-awaited process of returning approximately NZ$400 million (about $225 million USD) in digital assets to 10,000 verified account holders. The exchange entered liquidation in 2019 after a devastating…
Key Takeaways A U.S. District Court has ruled in favor of Coinbase, allowing the company to proceed with its plan to delist Wrapped Bitcoin (wBTC) despite a legal challenge from BiT Global, a Hong Kong-based firm with ties to Justin…
Key Takeaways Dylan Meissner, the former vice president of finance at the crypto research firm Delphi Digital, has been sentenced to four years in prison for embezzling approximately $4.5 million from the company. The sentence, issued by Judge Michael P.…
Key Takeaways South Korean lawmaker Kim Nam-kuk is facing potential imprisonment over allegations of failing to disclose crypto holdings during mandatory asset declarations in 2021 and 2022. Prosecutors have requested a six-month prison sentence for Kim, citing concerns over transparency…
Key Takeaways El Salvador has finalized a $1.4 billion loan agreement with the International Monetary Fund (IMF), following the country agreeing to reduce its emphasis on bitcoin-related policies, which have been a source of international debate since El Salvador made…
Key Takeaways The European Securities and Markets Authority (ESMA) has finalized a comprehensive package of regulatory technical standards (RTS) and guidelines necessary for implementing the Markets in Crypto-Assets Regulation (MiCA). European Union is now preparing for MiCA’s full application, scheduled…
Key Takeaways The Australian Securities and Investments Commission (ASIC) has filed a lawsuit against Binance Australia Derivatives, alleging that the company misclassified over 500 retail investors as wholesale clients. The regulator stated that the misclassification denied the investors key consumer…
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