Beyond the Ballot: How DeFi Is Preparing for DC’s Next Chapter

Innovation, consumer protection and financial inclusion are neither Republican nor Democratic values — they're American ones, says Rebecca Rettig, Chief Legal & Policy Officer at Polygon Labs. дальше »

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Web3’s responsibility is to advance data privacy | Opinion

Web3 projects must take themselves more seriously as champions of data privacy and protection within a cratered regulatory landscape worldwide. дальше »

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California permanently cuts off BlockFi’s license over bad lending practices

The California Department of Financial Protection and Innovation has permanently revoked BlockFi’s lending license following its bankruptcy and regulatory issues. BlockFi, a crypto lending platform, collapsed in 2022 amid financial troubles tied to the downfall of crypto exchange FTX.  BlockFi… дальше »

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California Revokes BlockFi License for Unsafe Lending Violations

California’s DFPI permanently revoked BlockFi’s license for regulatory violations, emphasizing consumer protection following BlockFi’s bankruptcy. The post California Revokes BlockFi License for Unsafe Lending Violations appeared first on BeInCrypto. дальше »

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Korean Digital Asset Exchange Association suspends trading for ORB and TEMCO

The Korea Digital Asset Exchange Association has assigned trade warnings and terminated support for ORB and TEMCO tokens, stating both projects have violated the Virtual Asset User Protection Act that may impact on their asset values. South Korean crypto exchange… дальше »

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Encryption Wars: Is FHE a Superior Solution to Traditional E2EE?

The terms ‘sensitive data’ and ‘encryption’ go together like warm apple pie and ice cream. Yet, debates rage about which encryption provides the strongest security protection for sensitive information. дальше »

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BingX unveils wallet firewall one month after multi-million hack

Crypto exchange BingX says it has restored full operations, launching a new feature designed to provide “advanced protection against external threats.” BingX, a Singapore-based crypto exchange, is bringing up a new security feature just one month after a major breach… дальше »

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Millions left in limbo as Korean crypto exchanges shut down amid regulations: report

More than a dozen crypto exchanges in South Korea have closed or suspended operations in 2024, leaving nearly $13 million in assets unclaimed by almost 34,000 subscribers. As South Korea enforces the Virtual Asset User Protection Act, more than a… дальше »

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Samsung integrates blockchain for enhanced security in AI home devices

South Korean tech giant Samsung is doubling down on blockchain to enhance protection across its AI home appliances. Samsung is set to expand its use of blockchain, unveiling plans to boost security across its artificial intelligence home appliances. In a… дальше »

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EU markets regulator demands enhanced cybersecurity audits for crypto firms: report

The EU’s markets watchdog is reportedly set to call for mandatory external audits of crypto companies’ cyber defenses to enhance consumer protection amid rising security breaches. The European Securities and Markets Authority is said to be gearing up to advocate… дальше »

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Phantom Wallet adds support for Coinbase’s Base network

Phantom Wallet adds beta support for Coinbase’s Base layer-2 network. Phantom users can now send, receive, and purchase Base-based assets via multiple methods. Base network faces security risks, but Phantom strengthens user protection features. дальше »

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National Bank of Bahrain rolls out its first Bitcoin investment fund

The Bitcoin investment fund is designed for institutional investors and will offer exposure to BTC gains capped at a predefined threshold, with 100% loss protection on the downside. дальше »

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The future of crypto security: Trustless MPC is the next big thing | Opinion

Trustless multi-party computation represents the future of digital asset security, offering an unparalleled level of protection. дальше »

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South Korea levies $860K fine on Worldcoin for compliance failures related to data collection

South Korea’s Personal Information Protection Commission (PIPC) imposed a collective fine of KRW 1. 14 billion ($861,408) on Worldcoin and its affiliate Tools for Humanity (TFH) for failures related to disclosure requirements, according to a Sept. дальше »

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UAE introduces strict crypto marketing guidelines to curb risks

Dubai’s Virtual Assets Regulatory Authority (VARA) announced updated marketing guidelines for firms promoting virtual assets, marking a significant step toward strengthening investor protection in the UAE. дальше »

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South Korean foundation to recover funds from defunct crypto exchanges

The Digital Asset User Protection Foundation will be set up by the DAXA self-regulatory organization and receive support from financial authorities. дальше »

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SEC has the tools to provide clear guidelines but chose not to — Commissioner Hester Peirce

The SEC's reluctance to provide clear crypto guidelines may hinder market growth and investor protection, highlighting inefficiencies in regulation. The post SEC has the tools to provide clear guidelines but chose not to — Commissioner Hester Peirce appeared first on Crypto Briefing. дальше »

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SAB 121 under fire: Bipartisan push to rescind controversial bulletin

Lawmakers urge SEC to rescind SAB 121 over concerns about consumer protection and innovation. SEC Chair Gensler faces scrutiny during Congress testimony regarding cryptocurrency regulation and The post SAB 121 under fire: Bipartisan push to rescind controversial bulletin appeared first on AMBCrypto. дальше »

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BlackRock Report: Hedge With Bitcoin Against Fed’s $35T Debt Dilemma

BlackRock, the world's largest asset manager with a staggering $9 trillion under management, says Bitcoin has much to offer in terms of protection against a potential Federal Reserve dollar crisis. дальше »

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Pudgy Penguins CEO unfazed by SEC actions against the NFT sector

While the SEC focuses on investor protection, Pudgy Penguins CEO Luca Schnetzler believes that investors should also hold some form of accountability for their purchases.  дальше »

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AI Agents and Financial Protection: a Deep Dive with AgentLayer

AgentLayer uses AI and blockchain to enhance financial security through AgentOS, ensuring encrypted data management and proactive threat detection. The post AI Agents and Financial Protection: a Deep Dive with AgentLayer appeared first on BeInCrypto. дальше »

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GoPlus partners with Neo for node-level security on Neo X Sidechain

Web3 security platform GoPlus has partnered with Neo’s EVM-compatible sidechain, Neo X, to enhance node-level security. This makes Neo (NEO) X the first blockchain to integrate GoPlus’ Security Module, which delivers a basic layer of protection for users on the… дальше »

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New UK Bill to Protect Crypto and NFT Owners

The UK introduces a bill classifying Bitcoin and NFTs as personal property, giving owners legal protection and reinforcing its role as a global leader in digital assets. The post New UK Bill to Protect Crypto and NFT Owners appeared first on NFT News Today. дальше »

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UK introduces new bill clarifying crypto as personal property

UK’s new bill recognises Bitcoin and other digital assets as personal property. Under the new law, crypto owners will enjoy greater legal protection. The UK parliament has introduced a new bill that clarifies digital assets ownership by recognizing Bitcoin and other crypto assets as personal property. дальше »

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UK Parliament Introduces Bill to Recognize Bitcoin and Crypto as Personal Property

The new legislation aims to provide legal clarity and protection for Bitcoin and digital asset owners. дальше »

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UK Introduces Bill to Clarify Crypto's Legal Status

The Labour government said the bill will give owners of bitcoin and other digital assets greater legal protection. дальше »

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Elastos – Smarter Bitcoin, Smarter Web, Smarter Everything

Jon Hargreaves is the Global Head of growth at Elastos, a public blockchain project building modern Internet infrastructure that provides protection for privacy and digital asset ownership. дальше »

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South Korea increases scrutiny on crypto exchanges with FSS inspections

Crypto exchanges in South Korea face increased scrutiny as regulators intensify inspections to combat fraud and enhance user protection. дальше »

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Crypto platform resumes UK registrations after 10-month FCA compliance pause

The crypto lending platform took the 10-month pause to realign its onboarding process with the FCA's guidelines oriented towards investor protection. дальше »

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Worldcoin under fire in Colombia over potential data protection lapses

Colombia’s Superintendence of Industry and Commerce (SIC) has initiated formal proceedings against Worldcoin Foundation and Tools for Humanity over alleged violations of the country’s personal data protection regulations. дальше »

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Binance and Macau police team up to fight against online scams

The collaboration between Binance and Macau police could significantly enhance user protection and reduce financial crimes in the crypto space. The post Binance and Macau police team up to fight against online scams appeared first on Crypto Briefing. дальше »

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Bybit unveils new listing framework to elevate crypto market standards

Bybit has launched a comprehensive new listing and delisting framework for cryptocurrencies in a bid to improve user protection. The exchange, which is the world’s second largest by trading volume, announced the changes in an Aug. 13 press statement. In… дальше »

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After cyber attack on WazirX, rival CoinDCX forms Rs 500 M investors protection fund

CoinDCX, India’s largest crypto exchange has announced the establishment of a Crypto Investors Protection Fund (CIPF) to compensate users for losses in rare scenarios like a security breach or other such adverse events. дальше »

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CoinDCX launches $6m customer protection fund following WazirX hack

Crypto exchange CoinDCX has established a $6 million contingency fund in a bid to protect customer assets as the Indian crypto market struggles to recover from the aftermath of the $230 million WazirX hack. A press release shared with crypto.news… дальше »

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M2 crypto exchange to allow UAE residents to trade crypto using bank accounts

M2 enables UAE residents to trade BTC and ETH directly with bank accounts. Integration supports dirham deposits, withdrawals, and market-responsive trading. UAE has strict regulations to ensure consumer protection and market transparency. дальше »

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US Copyright Office reports ‘urgent need’ for protection from deepfakes

The office is calling for the creation of a new law to deal with digital replicas.

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South Korea FSC chairman: 'Difficult for crypto to replace legal tender'

South Korea urged caution on spot Bitcoin ETFs, prioritizing financial stability and regulatory review. Kim Byung-hwan emphasizes investor protection over market development in cryptocurrency pThe post South Korea FSC chairman: 'Difficult for crypto to replace legal tender' appeared first on AMBCrypto. дальше »

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US House passes act to add crypto industry to team combatting terrorism financing

The United States House of Representatives has unanimously passed the Financial Technology Protection Act, which aims to curb the use of digital for illicit activities and terrorism financing. Representative Zach Nunn introduced the bill on April 27, 2023, and it was approved on July 22, 2024. дальше »

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South Korea implements new crypto regulations, details here

South Korea's new regulations enhance user protection in the cryptocurrency industry. VASPs must keep 80% of user crypto deposits in cold storage. South Korea boasts one of the world's most The post South Korea implements new crypto regulations, details here appeared first on AMBCrypto. дальше »

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South Korea’s New Crypto Investor Protection Law Goes Into Effect

This Friday, the first South Korean crypto regulatory framework has gone into effect after the one-year preparation period. The new law requires firms in the country to comply with stricter requirements to protect investors and their assets. дальше »

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WazirX reports $230M hack to police and cyber unit, implements recovery efforts

The WazirX hack underscores the urgent need for robust crypto regulations in India to ensure security, accountability, and consumer protection. The post WazirX reports $230M hack to police and cyber unit, implements recovery efforts appeared first on Crypto Briefing. дальше »

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South Korea's latest crypto law - Here's everything to know!

South Korea crypto exchanges  to implement new monitoring systems by 19th July. The virtual assets user protection act (VAUPA) will introduce regulations to prevent unfair crypto trading practThe post South Korea's latest crypto law - Here's everything to know! appeared first on AMBCrypto. дальше »

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Hypernative activates ecosystem-wide protection for Stacks, Bitcoin’s leading L2

Hypernative has announced the activation of its real-time threat detection and response solution for applications and smart contracts on Stacks, Bitcoin’s leading Layer 2 (L2) solution. This collaboration aims to enhance the security of the Stacks ecosystem, providing projects with access to advanced cybersecurity tools and improved protocol security. дальше »

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SEC wants retailer’s crypto suit tossed as it’s based on ‘phantom’ policy

A Texas bag retailer sued the SEC to get legal protection for a token airdrop, but the regulator says the suit was based on a policy that doesn’t exist. дальше »

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Consensys acquires Wallet Guard to bolster MetaMask user protection

Consensys, the Ethereum developer firm behind the MetaMask wallet, has acquired Web3 security app Wallet Guard. The MetaMask developer will use the deal to bring a new layer of security to the popular non-custodial wallet app, offering users further protection… дальше »

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South Korea crypto body says mass token delistings ‘unlikely’ amid new laws

South Korea’s incoming crypto investor protection laws will see local exchanges review over 1,300 listed tokens over the next six months. дальше »

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Smart Money Transfer 20 Million LINK and WIF Tokens, The Crypto AI Sector Might Be The Only Protection

The Crypto AI sector might be the only sector protected from the bearish trend witnessed by altcoins in the past week. With Chainlink and Dogwifhat whales transferring up to 20 million tokens to other exchanges, their prices plummet further. дальше »

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Enforcement of South Korean virtual assets law prescribed in decree

The details of enforcing the Protection of Virtual Asset Users Act are not contained in the bill, which comes into force July 19. дальше »

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Bitstamp delists Euro Tether (EURT) as MiCA rules are rolled out

Bitstamp delists Euro Tether (EURT) to comply with EU’s new MiCA regulations. MiCA requires stablecoins to be fully backed by liquid reserves for consumer protection. Non-euro stablecoins remain available on Bitstamp but limited to certain products for EU customers. дальше »

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Crypto Security Tool Harpie Expands Theft Protection to Three New Blockchains

New York, NY, United States, 25th June 2024, Chainwire

The post Crypto Security Tool Harpie Expands Theft Protection to Three New Blockchains appeared first on CoinJournal.

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