News

LG Pulls the Plug on NFT Platform Art Lab as Digital Collectibles Market Continues to Struggle

LG Art Lab, an NFT platform launched in September 2022, will shut down on June 17, 2023, with listed assets transferring to personal...

Russia Proposes Cryptocurrency Fund Using Seized Assets to Boost Financial Strategy

Russia proposes creating a cryptocurrency fund utilizing confiscated digital assets to improve efficiency in managing seized funds. The initiative aligns with growing global...

SEC Declares Proof-of-Work Crypto Mining Not Subject to Securities Regulations in Landmark Statement

The SEC has clarified that proof-of-work cryptocurrency mining activities don't fall under federal securities laws. Mining operations, both solo and pooled, don't meet...

DTCC Joins ERC3643 Association, Uniting Major Financial Players in Tokenization Standards Push

DTCC has joined the ERC3643 Association, which governs the standard for permissioned real-world asset tokens. Major central securities depositories are diverging in their...

Crypto Industry Victories: BitFuFu (NASDAQ: FUFU) Calls for Clear Regulations After SEC Battle

Cryptocurrency industry successfully overcame SEC scrutiny and is now pushing back against the regulator.Companies like BitFuFu Inc. (NASDAQ: FUFU) are advocating for clearer regulatory...

Former Deltec CFO Dan Chen Joins Crypto Exchange Gemini Amid IPO Preparations and Controversial Banking Connections

Former Deltec International CFO Dan Chen has joined Gemini as Chief Financial Officer as the company reportedly prepares for a potential IPO.Chen's past connections...

Bitcoin Volatility Hits 10-Month High as Economic Uncertainty and Trump Tariffs Roil Markets

Bitcoin's 30-day volatility has reached 3.6%, its highest level since August 2023, amid global economic uncertainties.The cryptocurrency has dropped 10% over the past month...

European Central Bank Economist Advocates for Digital Euro to Counter US Payment Dominance

ECB's chief economist Philip Lane calls for a digital euro to counter the dominance of dollar-linked stablecoins and U.S. payment systems in Europe.Lane warns...

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GhostAction compromises two top GitHub devs, hits 340 repos

Two high-profile open-source maintainer accounts were compromised, pushing a malicious workflow into over 340 repositories.The GhostAction campaign has stolen...

OCC fines AmEx $350M over $13B money laundering

The OCC found American Express National Bank processed approximately $13 billion in suspected trade-based money laundering from June 2014...

AnyDesk Linux pre-auth RCE exploit gives root access

Security researchers published AnyPwn, a working exploit for a pre-authentication remote code execution flaw in AnyDesk Linux that grants...

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