Amid the ongoing surge of hacks in the crypto industry, Joe Longo, Chair of the Australian Securities and Exchange Commission (ASIC), issued a cyber security warning. Longo emphasized that all firms must prioritize cyber security and cyber resilience. “Organisations must take an active approach to evaluating and managing third-party cyber risk,” Longo stated. ASIC Alerts […]
U.S. SEC Requests Court Investigation into Binance.US Over Document Compliance
The post U.S. SEC Requests Court Investigation into Binance.US Over Document Compliance appeared first on Coinpedia Fintech News In a legal document submitted on Monday, the U.S. Securities and Exchange Commission (SEC) has asked a D.C. court to allow an investigation into Binance US This is because they believe Binance.US hasn’t provided the documents the […]
U.S. court rejects SEC’s plea to inspect Binance U.S. documents
On 18 September, a U.S. court denied the SEC’s request to look into Binance U.S. The crypto exchange stood firm on its stance calling the regulatory watchdog’s request “overboard”.
Crypto VC Firm Blockchain Capital Secures $580M For Expansion Of Investment Funds
Blockchain Capital, a venture capital company founded by Bart Stephens and Brad Stephens in 2013, has successfully closed two new funds, raising a total of $580 million. The firm’s general partner, Spencer Bogart, confirmed the news to TechCrunch, stating that the funds consist of a sixth early-stage fund and the firm’s first “opportunity fund.” Approximately […]
A new ‘low’ for Axie Infinity in 2023 and what that means
As interest in play-to-earn game Axie Infinity continues to drop, its active player count hit its lowest level since the year began.
Ethereum Jumps 6% as Crypto Bulls Shake Off Rate Fears BCH, TON, XEC, Sep. 18
ETH Ethereum posted a gain of 6.4% as the crypto market bulls managed to send the broader market higher. The world’s second-largest crypto project has also recently been involved in some development upgrades. A year after Ethereum’s Merge upgrade, some analysts are worried that the staking feature could affect the ETH network. Around 20% of […]
Canto, Astar blockchains plan migration to Ethereum ecoystem as layer 2s
By inheriting Ethereum’s security, Canto will be more decentralized and will enable trustless guarantees when bridging assets over, Polygon Labs said.
Kazakhstan, Hong Kong join SWIFT’s CBDC interoperability beta test
The new beta test focuses on interlinking CBDCs to foster cross-border payments, while a second test with 30 banks tests trigger-based payments, foreign exchange models. […] Read More… The post Kazakhstan, Hong Kong join SWIFT’s CBDC interoperability beta test appeared first on CoinGeek.
North Korea’s Hacker Army Behind 30% of Crypto Hacks This Year: Chainalysis
A Chainalysis report reveals North Korean hacking groups stole over $340 million in crypto this year, accounting for 30% of all crypto hacks.
Hong Kong Police Arrest Six Linked To Suspended Crypto Exchange JPEX
The Hong Kong Police have arrested six people linked to the halted cryptocurrency exchange JPEX, after receiving a significant amount of fraud complaints. Yesterday, JPEX suspended transactions on its Hong Kong platform, attributing the action to what it perceives as “unfair treatment by relevant institutions,” placing responsibility on its third-party market makers. JPEX Receives A […]