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Binance Addresses Alleged Compliance Neglect, Says KYC Efforts Cost The Exchange Billions

Following a June 6 Reuters report which allegedly linked Binance to money laundering schemes involving the top darknet and hacking groups, some members of Binance’s compliance team have cleared the air on the allegations, highlighting some extra efforts put into compliance exercise and how this high scrutiny has also cost the exchange a fortune. “Binance […] дальше »

2022-8-19 23:19


Crypto Could Be Bad For Retirement Savings Plans, The US Labor Dep’t Warns

Retirement plan members should exercise caution before adding crypto to their 401(k) plan’s investment options, the US Department of Labor warned Friday. The warning comes a day after US President Joe Biden signed an executive order establishing a government-wide effort to develop policies for bitcoin and other related assets. дальше »

2022-3-11 15:00


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Joe Biden reportedly works on an executive order on cryptocurrencies

According to a recent report citing anonymous sources familiar with the matter, it appears that US president Joe Biden might be working on a way to regulate digital currencies. The sources claim that Biden is considering an executive order that would bring clarity to the crypto landscape, but also exercise better control over the industry […] The post Joe Biden reportedly works on an executive order on cryptocurrencies appeared first on Invezz. дальше »

2021-10-9 09:23


SEC Chair Says $2.2T Crypto Industry Is At A Level That It Must Be Within A “Public Policy Framework”

According to Gary Gensler, who is set to testify before the European Parliament’s Committee on Economic and Monetary Affairs on Wednesday regarding crypto, DeFi isn’t really a new concept. It has “a fair amount of centralization” as such regulators can exercise authority over these decentralized platforms. дальше »

2021-9-1 16:37


The Second Edition of NFT Awards Announced, Intense Competition Expected

The second edition of NFT Awards is now here. Digital Entertainment Asset Pte Ltd (DEA), a Singapore based new-age digital entertainment major has announced the NFT Awards 2021 – an exercise that enables the crypto industry to recognize some of the best NFT creators and reward them for their contributions to the space. The entire […] дальше »

2021-4-9 10:00


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PancakeSwap, Cream.Finance Suffer DNS Attack, Urge Users to Exercise Caution

Cream.Finance and PancakeSwap tweeted they are under a DNS attack by a third-party. Users Urged to Be Cautious In tweets made today, DeFi protocols Cream.Finance and PancakeSwap reported that their DNS had been compromised leading to a pop-up on the website that asks users for their seed phrase as a precondition to using the dApp.Read More дальше »

2021-3-15 19:05


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Shenzhen’s Digital Yuan Test Records Massive Success

The government of Shenzhen, China, has announced via a WeChat post that its digital yuan test exercise, which went live on January 7, this year, has recorded massive success, as residents have used the central bank digital currency in nearly 140,000 transactions during the testing operation, reports TheBlock on January 18, 2021. China’s CBDC GainingRead More дальше »

2021-1-20 00:00


Trader Exploits Opyn ETH Put Options, Runs Off With $370k Collateral; Team Recovers Over $500k

Opyn, a decentralized finance platform, faced a hack in the early morning hours on Wednesday, 5 August 2020 PT, as hackers made away with about $370,000. The hackers exploited a bug in the code to double exercise the oETH (put options) and make away with part of the collateral on the platform. Opyn’s security and […] дальше »

2020-8-5 19:07