Polychain Capital, a prominent digital assets fund management company, recently experienced a security breach on the Twitter account of its CEO, Carlson Wee. In response to the hack, Polychain Capital issued a warning to users advising them not to interact with the compromised account until further notice. The incident came to light when the CEO’s
In a bid to harness the immense potential of artificial intelligence (AI) while ensuring its safe and responsible use, Senator Steve Padilla (D-San Diego) has introduced two new bills, Senate Bills 892 and 893, to establish a robust and ethical AI framework in California. The proposed legislation marks a significant step forward in addressing the
Coinbase UK has recently introduced a new requirement for its users to complete a risk-acknowledgment form in order to comply with the Financial Conduct Authority’s (FCA) new financial promotions regulations. These regulations are set to take effect by January 8th. The move by Coinbase UK aligns with the regulatory efforts in the UK to protect
The crypto exchange Binance recently announced that it is considering delisting three privacy tokens, namely Zcash (ZEC), Monero (XMR), and Horizen (ZEN). This decision comes as a result of these tokens potentially no longer meeting Binance’s listing criteria, as stated in their January 4th statement. Additionally, Binance has placed a “Monitoring tag” on these privacy
Bitcoin, the leading cryptocurrency, experienced a significant decline, dropping to around $40,500. This downward trend was fueled by rumors of a potential rejection for a spot Bitcoin ETF. As a result, the wider crypto market also saw a decline. Even Hedera Hashgraph’s HBAR token, which had reached a new multi-year high the day before, was
South Korea’s city of Incheon has made a powerful move against tax evasion by confiscating $375,000 worth of cryptoassets from residents attempting to hide their earnings in token wallets. This proactive measure was undertaken as part of an ongoing crackdown on crypto-holding tax evaders in various regions across the country, involving both central and local
Cryptocurrency investors are constantly on the lookout for opportunities to maximize their profits. With the recent market sell-off and Bitcoin’s price decline, it is essential to analyze the market carefully for potential investment options. In this article, we will explore five established cryptocurrencies that show the potential to lead the charge during the next bullish
Matrixport, a leading crypto financial services platform, caused a stir in the crypto community when it released two contrasting articles on January 2nd, 2024, about the future of Bitcoin (BTC). The first article painted an optimistic picture, projecting that Bitcoin’s price could reach $50,000 in January. It attributed this potential surge to the anticipated approval
Solana (SOL) has experienced a staggering 722% price increase year-to-date, making it one of the most lucrative investments in the cryptocurrency market. This rapid growth has not only attracted attention but also presented various challenges for the network. As the popularity of Solana-based meme coins and decentralized applications (dApps) continues to rise, so does the
The Ethereum Foundation recently made an exciting announcement regarding the future of the Ethereum developer conference, Devcon. Devcon 7, scheduled for November 12 to 15, 2024, will be hosted in Bangkok, Thailand. However, what sets this event apart is its expanded vision, embracing the entire Southeast Asia region as the stage for the community gathering.