Blockchain Archives - Page 6 of 33

Over 50% of crypto transactions in nations like Argentina and Venezuela involve stablecoins, per Chainalysis.

Trump’s Bitcoin Policies Depend on US Economic Standing: Ki Young Ju

December 29, 2024 Dan K

Ki Young Ju says Trump’s Bitcoin policies rely on US dollar dominance. Stablecoins extend USD hegemony as threats to US economy boost BTC demand.

Japanese Financial Services Agency headquarters with a focus on crypto regulation discussions

Japan’s FSA Pushes for Stronger Internal Audits in Crypto Exchanges

December 26, 2024 Dan K

Japan’s FSA urges enhanced internal audits for crypto exchanges in its 2024 guidelines, aiming for better financial oversight and cyber risk mitigation.

A digital illustration of cryptocurrency theft linked to North Korean hackers, highlighting global sanctions and cybercrime.

South Korea Sanctions 15 North Koreans Over Crypto Heists and Cyber Theft

December 26, 2024 Dan K

South Korea sanctioned 15 North Koreans tied to $1.3B crypto thefts in 2024, accusing them of funding DPRK’s nuclear weapons and missile programs.

Graph depicting crypto hack losses in 2024, highlighting the surge in access control-related exploits.

Access Control Exploits Account for Nearly 80% of Crypto Hacks in 2024

December 25, 2024 Dan K

Access control flaws caused 78% of $3B crypto hacks in 2024, targeting DeFi, CeFi, and gaming, Hacken’s report highlights emerging threats.

The National Bank of Poland building with a Bitcoin symbol in the background

Russia Expands Use of Bitcoin in Foreign Trade, Says Finance Minister

December 25, 2024 Dan K

Russia is using Bitcoin and digital assets for foreign trade, bypassing sanctions. Finance Minister Siluanov confirmed these developments on Dec. 25.

Illustration of cryptocurrency under investigation for fraud with legal documents and a magnifying glass.

California Residents Indicted in $22M Crypto Fraud Case

December 22, 2024 Dan K

California residents Gabriel Hay and Gavin Mayo indicted for a $22M crypto fraud involving NFT rugpulls and investor scams, facing decades in prison.

Tai Mo Shan settles with SEC for $123 million over TerraUSD collapse

Jump Crypto Subsidiary Tai Mo Shan Settles with SEC for $123 Million

December 22, 2024 Dan K

Jump Crypto’s Tai Mo Shan settles with SEC for $123M over misleading TerraUSD stability claims, spotlighting stablecoin risks and regulatory impact.

OpenSea CEO Devin Finzer speaking at a crypto conference, discussing SEC regulatory decisions.

Namada Proposal Seeks Approval for NAM Airdrop to Coin Center Donors

December 18, 2024 Dan K

Namada proposes a NAM airdrop to Coin Center donors, funding advocacy efforts. 1–2M tokens, 2-4% of PGF budget, could be allocated in 3 weeks.

Blockchain

Anchorage Digital Secures BitLicense from New York State

December 16, 2024 Dan K

Anchorage Digital secures BitLicense from NYDFS, paving the way for regulated crypto services to New York institutions. Full launch expected in early 2025.

Bybit cryptocurrency exchange announces a bounty program to recover $1.4B stolen by Lazarus Group, with rankings for good and bad actors.

Australia Accelerates AI Industry Growth with National Capability Plan

December 16, 2024 Dan K

Australia launches a National AI Capability Plan to strengthen its AI industry, fostering innovation, investment, and workforce upskilling by 2025.