Firms could also face fines of up to $155,000 (NT $5 million) for failing to complete their registrations in time.
Cryptocurrency adoption in online casino platforms is a transformative development that benefits both players and operators.
The broader crypto market saw a sharp downturn in early October, with AI and big data tokens losing $4.7 billion in market cap within three days.
Visa announced its tokenized asset platform for issuing and managing digital assets, which includes stablecoins and CBDCs, to meet growing demand in the blockchain space.
Telegram has been experiencing massive outages in several countries since around 10:30 am UTC on Oct. 3.
The likes of BlackRock and Franklin Templeton could see tokenized shares of their money-market funds pledged in trading after a major group under the aegis of the Commodity Futures Trading Commission (CFTC) approved guidelines for their use, Bloomberg reported on Thursday.
SWIFT, the global bank messaging network, announced that banks across North America, Europe, and Asia will begin live trials of digital assets and currency transactions over its network starting next year, according to an Oct. 3 statement.
In the third quarter of 2024, cryptocurrency investors faced significant losses, with over $750 million stolen through phishing attacks and private key leaks, according to a report from blockchain analytics firm CertiK. In Q3, malicious actors stole a total of $753.1 million across 155 security incidents, marking a 9.
SWIFT is set to begin live digital asset transaction trials with banks next year, aiming to enhance platform interoperability and prevent fragmented “digital islands” in the blockchain space.
A recent study has found that despite the long-held belief that crypto assets facilitate criminal activity, perpetrators still overwhelmingly prefer cash for their illicit transactions.
A Binance report flags the dangers of inflated valuations and centralization of token ownership, warning of potential destabilization if unchecked.
In recent crypto news, NuFi has integrated the Cardano Wallet Snap into the MetaMask Snap Directory, allowing users to connect to the Cardano blockchain directly through MetaMask.
TL;DR Despite a decline in the number of crypto hacks, cybercriminals stole $750 million in Q3 2024 according to CertiK, a 9.5% increase from the previous quarter. Phishing attacks and private key compromises were the most prevalent methods, causing over $667 million in losses. Recovery of stolen assets dropped significantly, with only 4.
The Taiwanese FSC has released new Anti-Money Laundering laws that will completely replace its current regulations and require the full compliance of VASPs.
The Cryptocurrency Open Patent Alliance has partnered with Unified Patents to launch Blockchain Zone, an initiative aimed at combating patent trolls in the crypto industry. The partnership seeks to protect blockchain and related technologies from unwarranted patent assertions by non-practising entities.
SWIFT will trial live transactions of tokenized assets and digital currencies in 2025, aiming to integrate blockchain-based tokens into the broader financial system.
A new study has revealed that almost half of U.S. voters are in favor of pro-crypto policies, showing a growing willingness to cross party lines for candidates supporting cryptocurrency. The survey, conducted by HarrisX and Consensys indicates that 85% of those polled want presidential candidates to adopt a pro-crypto stance, highlighting the importance of crypto in the political arena.
As the United States electorate is nearing a crucial presidential election, what is bothering Democrats is their inability to craft a sensible policy on one of the sensitive topics emerging in the US election campaign: the revamping of the country's cryptocurrency policy.
Telecommunications giant AT&T is facing renewed legal challenges in a case linked to a SIM swap hack. A federal appeals court revived a lawsuit where a customer lost over $24 million in crypto after the company allegedly let hackers gain control of a phone number linked to their crypto accounts.
Here's a look at how the adoption of tokenized collateral could impact financial markets.
Taiwan's Financial Supervisory Commission has drafted new anti-money laundering regulations for virtual asset service providers, which will soon require compliance or lead to penalties.
Despite widespread misconceptions, cash remains the dominant tool for illicit finance, while blockchain offers greater transparency and traceability, a new study reveals.
A period in prison can be the lowest point of a person's life. It can bring numerous hardships – those concerning one's financial aspirations would be the worst. No argument there, for there is no reason for a period of remorsefulness to be better than what it is now.
A total of 105,849 traders were liquidated in the past 24 hours.
Lamborghini and Animoca Brands' division Motorverse are working together on a Web3 racing game in a joint resolve to shape the future of immersive brand engagement within the automotive industry.
The wild and exciting world of crypto is known for its heightened volatility. However, for a trader to make successful and profitable trades, this high intrinsic volatility must be leveraged in a timely fashion.
Michael Terpin, the cryptocurrency investor, has resumed his case against the telecommunication company AT&T in court for allegedly neglecting his data allegiance after losing $24 million worth of cryptocurrency to SIM swap hackers in 2018.
It marks the first time Swift will move beyond experimenting with blockchain transactions in testing environments to real-world settlement.
SWIFT said it is uniquely positioned to interlink the fragmented digital asset landscape with its upcoming digital currency trials in 2025.
A Consensys and Harrisx study found that nearly half of U.S. voters support pro-crypto policies and are willing to cross party lines for pro-crypto candidates. The study revealed that 85% of respondents want presidential candidates to take a pro-crypto position, indicating significant voter interest in the issue.
Ava Protocol's automation tools make it easy to create smart contracts on Soneium, offering no-code solutions to help developers save time and cut costs.
Revolutionizing DeFi with Gamified Experiences and Functional Node Deployment
Gurbir S. Grewal, the U.S. Securities and Exchange Commission's (SEC) Enforcement Director, is officially stepping down on October 11. After three years of running the SEC's enforcement arm, he's out.
The U.S. Securities and Exchange Commission (SEC) announced on 2 October 2024 that Gurbir S. Grewal, the Director of the Division of Enforcement, will depart from his role on 11 October 2024.
Australia's police has confiscated $6.4 million in cryptocurrency as part of a global crackdown on Ghost, an encrypted communications network, authorities allege was “built solely for the criminal underworld,” a statement said.
In Q3, threat actors stole over $750 million worth of cryptocurrency across 150+ security incidents, marking a 9.5% increase in value lost despite 27 fewer incidents compared to Q2.
Despite fewer hacking incidents, crypto thieves stole over $750 million in Q3 2024, with phishing and private key compromises being the primary attack vectors.
Global bank messaging network SWIFT will trial live transactions of tokenised assets and digital currencies next year, it said on Thursday, the latest step in the currently slow-moving integration of such assets into the wider financial system.
BitMEX co-founder Arthur Hayes, also known for his interesting bets and takes on meme coins, seems to have accepted a loss on his fresh trades. He recently accumulated PEPE after ditching Aethir (ATH) and even took his shoot on MOTHER.
Crypto trading firm QCP Capital says the “shallow sell-off” in crypto markets following Iran's recent attack on Israel indicates healthy market demand for risk-on assets. Crypto Market Remains Well Bid For Risk Assets Despite Iran launching over 180 missiles toward Israel yesterday, the sell-off in traditional financial (TradFi) assets was relatively muted.
Amid the market consolidation, a crypto trader has bagged heavy gains, proving how the crypto market is uncertain and full of surprises. Such crypto trading incidents are common, where risk-takers make the best gains, and this is what happened with this one trader.
Binance, the world's largest crypto exchange, has flagged five altcoins for potential delisting.
As October 2024 kicked off, the crypto market has remained steady despite a widespread dip on Tuesday. Since January, there's been an interesting uptick in specific crypto themes, with artificial intelligence (AI) tokens, bridge cryptocurrencies, and meme coins outshining sectors like exchange tokens and store of value coins.
The crypto market cap is down by 6%, with more than half a billion crypto bets liquidated amid flaring geopolitical tensions in the Middle East. Tensions In The Middle East Rattle The Crypto Market The total crypto market cap has dropped by 6%, sliding to $2.
Luxury car manufacturer Lamborghini gears up for the fast lane in the digital world as it unveiled "Fast ForWorld."
Taiwan's FSC will require virtual asset service providers to complete AML registration or face criminal penalties.