DeFi Archives - Page 19 of 31

Blockchain

Paycoin to End Wallet Services in South Korea Amid Regulatory Challenges

September 27, 2024 Dan K

Paycoin to end wallet services in South Korea by 2025, citing regulatory hurdles. Global expansion prioritized. Withdrawals allowed until April 2025.

Cryptocurrency executive accused of bribing Los Angeles cops for extorting digital assets.

FBI Accuses Crypto Exec of Paying LA Cops to Extort Victim’s Digital Assets

September 27, 2024 Dan K

FBI accuses crypto exec Adam Iza of bribing LA deputies to extort digital assets from a business associate, using police data and dubious search warrants.

A view of Hong Kong's skyline, symbolizing its alignment with global financial standards for OTC crypto derivatives.

Hong Kong OTC Crypto Derivatives Market to Align with EU Standards

September 27, 2024 Dan K

Hong Kong will adopt EU-like standards for OTC crypto derivatives reporting by September 2025, ensuring global compliance and market transparency.

Panoramic view of Dubai skyline featuring VARA headquarters in the foreground.

Dubai’s VARA Updates Marketing Regulations and Issues New Guidance for VASPs

September 26, 2024 Dan K

Dubai’s VARA updates marketing regulations for VASPs, effective October 1, to prevent misleading information and ensure transparent consumer communication.

Ethena Labs introduces UStb stablecoin backed by BlackRock's fund on Ethereum.

Ethena Labs to Launch UStb Stablecoin Backed by BlackRock’s Fund on Ethereum

September 26, 2024 Dan K

Ethena Labs unveils UStb, a new stablecoin on Ethereum backed by BlackRock’s fund. This alternative to USDe aims for a more stable, secure digital asset.

An Ethereum coin next to a laptop showing cryptocurrency market data.

Genesis Creditor Liquidates 12,100 ETH Amid Major Sell-Off

September 26, 2024 Dan K

Genesis creditor sold 12,100 ETH, worth $31.43M, after receiving a massive repayment. This liquidation may impact the Ethereum market.

Blockchain

Binance Aids India’s Enforcement Directorate in Busting $47.6M Fiewin Gaming Scam

September 25, 2024 Dan K

Binance helps India’s ED bust a $47.6M Fiewin gaming scam, exposing digital wallets used to lure victims into online betting and seize funds.

SEC building with digital dollar and stablecoin graphics

SEC Delays Ethereum ETF Options Decision Until November

September 25, 2024 Dan K

SEC delays Ethereum ETF options decision to November, impacting BlackRock, Bitwise, and Grayscale’s approval bids amid ongoing regulatory scrutiny.

Blockchain

Exodus Donates $1.3M to Stand With Crypto Ahead of U.S. Elections

September 24, 2024 Dan K

Exodus donates $1.3M to Stand With Crypto, boosting efforts to support pro-crypto candidates in the U.S. elections, influencing future regulations.

Blockchain

Upbit to Store User Data on AWS Servers Starting October 1

September 24, 2024 Dan K

Upbit to store user data on US-based AWS servers from October 1, raising concerns over privacy under the CLOUD Act. Changes aim for service reliability.