The South Korean Financial Services Commission (FSC) has recently announced significant legislative amendments with the aim of tightening regulations surrounding virtual asset business operators. These changes are specifically focused on increasing accountability and duties of executives within the crypto industry. The introduction of these measures reflects the government’s commitment to fostering a more stable and
The Securities and Futures Commission (SFC) of Hong Kong has issued a stern warning to unregistered Virtual Asset Trading Platforms (VATPs) operating within its jurisdiction. These platforms have been given an ultimatum – either submit their licensing applications by February 29 or face closure of their businesses by May 31. This move by the financial
Bitcoin, the largest cryptocurrency, has been experiencing a stagnation in its price movement in recent weeks. Despite this lackluster price action, on-chain data reveals that large holders, known as whales, have been actively accumulating more Bitcoin in their wallets. This accumulation has brought the total number of wallets to its highest point in 15 months.
The domain registry company NJAL.LA, also known as ‘Njalla’, recently made headlines in the cryptocurrency world due to its questionable acquisition of Mollars.com from the “Mollars Cryptocurrency Project.” The project’s original domain was abruptly shut down without any explanation, causing concern among crypto investors. In an attempt to address the issue, a PSA was issued
Ethereum (ETH), the world’s second-largest cryptocurrency by market cap, has recently witnessed a significant exodus from centralized exchanges. This emerging trend indicates a growing preference among investors to hold their ETH outside of trading platforms. The data shows that the amount of ETH being withdrawn from exchanges has been increasing, raising questions about the motivations
The healthcare sector is recognizing the growing importance of advanced data management solutions to effectively manage, govern, exchange, and analyze both internal and external datasets. As data breaches continue to pose a significant threat to patient privacy, organizations are exploring innovative ways to enhance data protection. In the United States alone, 87 million patients fell
Cryptocurrency exchange Coinbase has recently released a comprehensive report predicting a significantly positive performance for Bitcoin and the overall crypto market in the second quarter of 2024. This optimistic outlook comes as Bitcoin continues its market recovery, with a 3.31% gain in the past week, reaching a trading price above $43,000. In their weekly report,