Regulation Archives - Page 60 of 63

Image depicting stolen Bitcoins related to the DMM Bitcoin hack

North Korea-Backed Lazarus Group Behind $305M DMM Bitcoin Heist

July 15, 2024 Dan K

The notorious Lazarus Group, linked to North Korea, is behind the $305m hack of DMM Bitcoin, making it one of the largest cryptocurrency heists in history.

A digital illustration representing Europe's dominance in global cryptocurrency trading volume.

Crypto Trading Volume to Top $108T in 2024, Europe Dominates

July 14, 2024 Dan K

CoinWire forecasts global crypto trading volume to top $108T by 2024, with Europe leading the charge, signaling explosive growth in the market.

Blockchain

UK’s New Economic Secretary Faces Scrutiny Over Potential ‘Crypto Crackdown’

July 13, 2024 Dan K

Tulip Siddiq, the UK’s new Economic Secretary, faces scrutiny over her past statements on a potential ‘crypto crackdown’ after Labour’s election win.

Representatives of China and Kazakhstan central banks discussing CBDC research partnership

China, Kazakhstan Central Banks Forge CBDC Research Partnership

July 13, 2024 Dan K

China and Kazakhstan’s central banks partner on CBDC research to boost expertise, knowledge sharing, and cross-border transaction efficiency.

SEC Headquarters Building in Washington D.C.

SEC Relaxes Crypto Reporting Rules for Banks and Brokerages

July 12, 2024 Dan K

The SEC announced exemptions, freeing banks and brokerages from reporting customers’ crypto holdings on financial statements, contingent on risk management.

Tornado Cash developer Alexey Pertsev standing in a courtroom.

Tornado Cash Developer Alexey Pertsev Denied Bail

July 12, 2024 Dan K

Dutch court denies bail for Tornado Cash developer Alexey Pertsev, who remains in custody on money laundering charges as he prepares his appeal.

Binance and Megazone logos with a cryptocurrency exchange background

Binance Discusses Selling Gopax Stake to Korean Cloud Provider Megazone

July 11, 2024 Dan K

Binance is nearing a deal to sell its majority stake in Gopax to the Korean cloud provider Megazone, with finalization expected by the end of July.

Screenshot of Huione Guarantee's online scam marketplace interface

Scam Operators Flourish on Huione Guarantee, Elliptic Research Reveals

July 10, 2024 Dan K

Elliptic research uncovers Huione Guarantee’s role in $11b online scam, highlighting blockchain tracking and the rising use of AI in emerging crypto crimes.

Graphic of Chainlink whales buying LINK during market dip

Chainlink Whales Buy the Dip, Grab 6.2 Million LINK

July 9, 2024 Dan K

Chainlink whales seize the crypto downturn to amass 6.2 million LINK, signaling bullish sentiment despite recent price fluctuations and market challenges.

Bitcoin mining rigs operating in a data center, illustrating the increase in mining profitability.

July 9, 2024 Dan K

Bitcoin mining became more profitable in June, driven by a 2% rise in Bitcoin prices and a 5% drop in network hashrate, as the market adjusted to the halving.