The Securities and Exchange Commission (SEC) is currently embroiled in a legal battle with Coinbase, marking a pivotal moment in the cryptocurrency industry. The SEC sued Coinbase in June, accusing the platform of listing “crypto-asset securities” without registering as a securities exchange. This lawsuit has far-reaching consequences and is likely to reshape the regulatory landscape
Blockchain
Web3 blockchain wallet developer WalletConnect has recently launched a groundbreaking subscription-based notification service called Web3Inbox, revolutionizing the way users receive updates from Web3 projects. This innovative service aims to provide customers with custom notification services without relying on traditional Web2 messaging tools such as email registration or profile creation. With Web3Inbox, users can stay informed
In a recent audit conducted by the Ministry of Public Administration and Security in South Korea, it was revealed that two government servers in the city of Daejeon were infected with crypto mining malware. The audit, which was conducted biannually, aimed to assess the security of the city government’s servers. During the most recent audit
The recent approval of 11 Bitcoin spot ETFs by the US Securities and Exchange Commission (SEC) had a significant impact on the South Korean crypto-related KOSDAQ stocks. This article will analyze the market reaction to this news and discuss the implications for the South Korean crypto industry. On January 11, several venture capital firms with
In a surprising turn of events, Uri Kolodny, the CEO and co-founder of StarkWare Industries, has announced his resignation from his role. This decision comes as a result of family health issues that require his full attention. While Kolodny will no longer serve as the CEO, he will continue to be a valuable member of
Brazil has emerged as a significant player in the global cryptocurrency market, particularly in cross-border trading. In a recent report by the Central Bank, it was revealed that the majority of Brazil’s cross-border crypto trade is facilitated by exchanges that buy coins overseas to sell domestically. This article delves into the key findings of the
In a shocking turn of events, a South Korean man has been apprehended by the police in the Philippines for allegedly embezzling $3.5 million from a nursing care fund. What makes this case even more intriguing is that the stolen money was reportedly spent on cryptocurrency. With the suspect’s identity undisclosed for legal reasons, investigators
In a surprising turn of events, cryptocurrency company Ripple Labs has announced that it will repurchase shares worth $285 million from early investors and staff. This move is part of Ripple’s ongoing commitment to provide liquidity for its investors and comes amidst regulatory uncertainties surrounding an ongoing legal battle with the Securities and Exchange Commission
BitPay, the world’s leading Bitcoin and cryptocurrency payment service, has announced a significant update to its payment experience for crypto customers. The company will now support dozens of new cryptocurrencies, allowing customers to make payments with a wider range of community-driven assets. BitPay’s latest update will offer support for popular cryptocurrencies such as Uniswap (UNI),
The Securities and Exchange Commission (SEC) chairman, Gary Gensler, is raising concerns in the cryptocurrency space with his recent online post. He has taken to social media to advise investors to exercise caution and adopt proper risk management practices when engaging with crypto assets. Gensler emphasizes that despite the hype surrounding digital assets as “new