Key takeaways: The European Securities and Markets Authority (ESMA) has recently sounded alarms regarding Maximum Extractable Value (MEV) in the crypto market, raising the specter of potential market abuse. MEV, a practice where blockchain operators manipulate transaction orders to boost…
Key takeaways: Ripple, the creator behind the XRP ledger, has recently announced its upcoming launch of a stablecoin pegged to the US dollar. Set to debut later this year, Ripple’s stablecoin will be available on both the XRP ledger and…
Key Takeaways: In a significant turn of events, HKVAEX, a crypto exchange associated with the world’s largest exchange Binance, has withdrawn its virtual asset trading platform license application from the Hong Kong Securities and Futures Commission (SFC). The move comes…
Key Takeaways: A recent ruling by a UK judge has garnered attention in the cryptocurrency community as Craig Wright, a controversial figure claiming to be the inventor of Bitcoin, faces legal ramifications. The judge issued a worldwide freezing order on…
Key Takeaways: The detention of Mr. Tigran Gambaryan, an executive of Binance, has sparked legal action against Nigerian authorities, with a filing related to violation of fundamental human rights Alongside Binance’s Africa Regional Manager, Mr. Nadeem Anjarwalla, who is currently…
Key Takeaways: In the fast-paced world of blockchain technology, even the most innovative solutions can encounter bumps along the road. Recently, Polygon zkEVM, a Layer 2 platform built on Ethereum, faced a significant network outage during its anniversary week, raising…
Key takeaways: In the ever-evolving landscape of cryptocurrency exchanges, Binance, a pivotal player in the digital asset trading sphere, has recently made headlines with its implementation of stricter compliance measures. This move comes amidst heightened scrutiny from regulators and a…
Key takeaways: Hong Kong’s Securities and Futures Commission (SFC) has flagged Dubai-based derivatives exchange Bybit and 11 of its products as ‘suspicious’ in a recent announcement. The SFC included Bybit in its ‘Suspicious Virtual Asset Trading Platforms Alert List’, citing…
Key Takeaways: The Hong Kong Monetary Authority (HKMA) has embarked on the second phase of its pilot program to explore the innovative potential of a central bank digital currency (CBDC) for public use.  This initiative comes five months after the…
Key Takeaways: Cryptocurrency exchange OKX announced that it has received in-principle approval for a digital asset license from Singapore’s central bank, marking a significant milestone towards achieving full regulatory compliance in the country. The Monetary Authority of Singapore (MAS) has…
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