Web3 Archives - Page 30 of 49

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.

Visa’s new platform for banks to issue fiat-backed tokens, enhancing blockchain integration.

Visa Creates Platform to Aid Banks in Issuing Fiat-Backed Tokens

September 25, 2024 Dan K

Visa’s new platform aids banks in issuing fiat-backed tokens, bridging traditional finance with blockchain technology for modernized transactions.

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.

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.

Binance and Tokocrypto collaborate with Bareskrim to combat crypto fraud in Indonesia.

Binance and Tokocrypto Collaborate with Indonesian Authorities to Combat Crypto Fraud

September 24, 2024 Dan K

Binance and Tokocrypto partnered with Indonesian authorities to combat crypto fraud, resulting in multiple arrests and the seizure of $200,000 in funds.