Regulation Archives - Page 15 of 55

Blockchain transaction flow showing Bybit hack-related laundering activities

Bybit Hackers Resume Laundering, Moving Another 62,200 ETH

March 2, 2025 Dan K

Bybit hackers laundered 62,200 ETH on March 1, raising the total moved funds to 343,000 ETH—68.7% of the stolen $1.4B, despite FBI efforts.

A digital rendering of a Trump-branded virtual world with a metaverse marketplace and NFT trading hub.

Trump Company Files Trademarks for Branded Metaverse, NFT Marketplace

February 28, 2025 Dan K

Trump-owned DTTM Operations filed for trademarks linked to a metaverse and NFT marketplace, allowing virtual shopping, events, and curated digital content.

A digital representation of Ethereum transactions highlighting the Bybit hack and THORChain laundering.

Bybit Hacker Launders $605M ETH, Over 50% of Stolen Funds

February 28, 2025 Dan K

Bybit hacker launders over $605M ETH, over 54% of stolen funds, amid controversy surrounding THORChain’s role and growing concerns over North Korean exploits.

Thai police arrest Chinese nationals involved in crypto scam and kidnapping case

SEC and MetaMask Creator Consensys Agree to End Lawsuit

February 27, 2025 Dan K

The SEC has ended its case against Ethereum developer Consensys, a regulatory win for crypto. Joseph Lubin celebrated the MetaMask creator’s victory.

A digital representation of cybercrime with a hacker in the background and Bitcoin symbols on a screen

Bybit Hack a ‘North Korea Issue,’ Not a Crypto Issue, Says Expert

February 26, 2025 Dan K

The Bybit hack is linked to North Korea’s Lazarus Group, not a crypto flaw, says Meltem Demirors. Experts stress enhanced security and collaboration efforts.

Representatives of U.S. crypto firms showing support for blockchain regulatory clarity in Washington

Circle’s Jeremy Allaire Calls for Mandatory US Stablecoin Registration

February 26, 2025 Dan K

Circle’s Jeremy Allaire says US dollar-based stablecoin issuers should register in the US, preventing regulatory loopholes and ensuring consumer protection.

Kazakhstan's digital finance plans include launching regulated crypto banks

Bybit Takes the Offensive Against Lazarus in $1.4B Crypto Saga

February 25, 2025 Dan K

Bybit launches a 5% bounty for help in recovering $1.4B stolen by Lazarus Group, introducing a public ranking system for good and bad actors.

Korean Crypto Exchange Upbit Hit with 3-Month Restriction on New User Transfers

February 25, 2025 Dan K

South Korea’s FSC has restricted new user transfers at Upbit for three months over financial violations, KYC failures, and suspicious transaction reports.

A view of the Dubai skyline representing the approval of USDC and EURC as stablecoins under the DFSA’s crypto regime.

Dubai Recognizes USDC, EURC as First Stablecoins Under Token Regime

February 24, 2025 Dan K

Dubai’s DFSA has approved USDC and EURC as the first stablecoins under its crypto regime, allowing their integration into DIFC’s digital asset ecosystem.

Kristin Smith speaking at a cryptocurrency policy event

Michael Saylor, Robinhood Discuss Crypto Policy with SEC Task Force

February 24, 2025 Dan K

Michael Saylor and Robinhood met with the SEC’s crypto task force to discuss regulations, signaling a shift in the agency’s approach to digital assets.