Visa Unveils Platform for Tokenized Digital Asset Management
Visa has officially launched its new Visa Tokenized Asset Platform (VTAP), aimed at facilitating the issuance and management of digital assets. On October 3, Visa announced the VTAP, which is…
Taiwan’s New AML Laws Put Crypto Firms on Notice
The Financial Supervisory Commission (FSC) of Taiwan has introduced a set of new Anti-Money Laundering (AML) regulations that local virtual asset service providers (VASPs) must comply with by 2025. This…
Banks to Join SWIFT Digital Asset Trials in 2025
Banks across North America, Europe, and Asia are gearing up to participate in upcoming trials involving digital assets organized by the Society for Worldwide Interbank Financial Telecommunication (SWIFT). On October…
Aptos Labs Enters Japan Through HashPalette Acquisition
Aptos Labs, the developer behind the Aptos Network, has taken a significant step to expand its presence in Asia by signing an agreement to acquire HashPalette, a Japanese non-fungible token…
Coinbase Pushes CFTC for Documents to Defend Against SEC
Coinbase has filed a petition in federal court seeking to compel the Commodity Futures Trading Commission (CFTC) to provide communication records with several crypto token issuers. This request is crucial…
Court Revives 2020 AT&T Case Over $24M Crypto Theft via SIM Swap
AT&T is set to return to court facing charges related to its failure to protect user information, following an appeal that overturned part of a summary judgment in the company’s…
BTC Whales Not in Sufficient Profit to Dump on Market
An analysis of the Bitcoin unrealized profit ratio comparing new and old whales indicates that large Bitcoin holders have not yet realized enough profits to justify selling their significant holdings…
UK City Minister Advocates for Blockchain-Based Gilts Despite Government Concerns
Tulip Siddiq, the United Kingdom’s city minister, is advocating for the introduction of blockchain-based gilts, a form of government bond issued using blockchain technology. This initiative aims to modernize the…
Australian Federal Police ‘Decipher’ Seed Phrase to Access Suspect’s $6.4 Million in Cryptocurrency
The Australian Federal Police (AFP) recently announced that they successfully “deciphered” a seed phrase, allowing them to access $6.4 million (approximately 9.3 million Australian dollars) in cryptocurrency linked to a…
Bitcoin ETFs Experience Largest Outflow in a Month Amid Rising Middle East Tensions
Institutional investors appear to be reacting to escalating tensions in the Middle East, leading to significant outflows from United States spot Bitcoin exchange-traded funds (ETFs). On October 1, these ETFs…
Over 80% of 2022 Crypto Startups Remain Active Despite Market Chaos
A recent report from venture capital firm Lattice Fund reveals that more than 80% of early-stage startups that raised funds in 2022 are still operational, despite the tumultuous landscape of…
Geopolitical Tensions, US Elections Favor Bitcoin ‘Debasement Trade’
Investors are increasingly turning to gold and Bitcoin in what is being termed a “debasement trade,” as they brace for a potential “catastrophic scenario” amid rising geopolitical tensions. This insight…
Bank of America Customers See $0 Balances Amid Nationwide Outage
Thousands of Bank of America customers experienced significant service disruptions on October 2, reporting network outages that prevented them from accessing their bank accounts. Many users were alarmed to find…
Liz Cheney Campaigns with Harris and Urges Voters to Reject Trump’s ‘Cruelty’
Liz Cheney, one of Donald Trump’s most prominent conservative critics, has appealed to the millions of undecided Americans who could sway the outcome of the 2024 election. She urged them…
Hacker Pleads Guilty to Stealing $37 Million in Cryptocurrency Through Cyber Intrusion
A hacker who infiltrated a company’s computer servers and stole over $37 million in cryptocurrency from nearly 600 victims has pleaded guilty to charges of conspiracy to commit wire fraud…
Ripple Secures In-Principle License Approval from Dubai Financial Services Authority
Ripple, a prominent provider of crypto payments infrastructure, has taken a significant step toward establishing a foothold in the Middle East by receiving in-principle license approval from the Dubai Financial…
Surge in DeFi Market Fueled by Federal Reserve Cuts, Chinese Economic Policy, and Leading Protocols
Apollo Crypto, an investment management firm specializing in digital assets, recently released a comprehensive report that highlights the potential for a second wave of growth in the decentralized finance (DeFi)…
Indonesia’s Postal Service Introduces NFT-Enabled Postage Stamps
Pos Indonesia, the national postal service of Indonesia, has pioneered its first postage stamps integrated with non-fungible tokens (NFTs), blending age-old traditions with cutting-edge blockchain technology. The announcement made via…
September Crypto Hacks Surpass $120 Million, Centralized Exchanges Hit Hard
Cumulative losses from cryptocurrency hacks exceeded $120 million in September 2024, making it the second-lowest monthly loss from hacks this year, following April. Centralized exchanges remain prime targets for hackers,…
Ripple CEO on SEC Appeal: “We’ll Fight in Court for as Long as We Need”
Brad Garlinghouse, CEO of Ripple Labs, has pledged to contest the United States Securities and Exchange Commission (SEC) in court following the regulator’s announcement that it would appeal a district…