The decentralized exchange increased margin requirements on several markets on Nov. 18, after an alleged targeted attack on the YFI token triggered massive liquidations.
Former Bithumb chair faces 8-year imprisonment
According to prosecutors, Lee Jeong-hoon intended to revamp Bithumb’s governance to gain from exchange coins, circumventing financial regulations.
Blockdaemon among founders of BSN Spartan Network governing body
The BSN Foundation’s “non-cryptocurrency” approach aims to create a stable network that would not be as volatile as traditional cryptocurrencies like Bitcoin.
Philippines to sell $179M in tokenized treasury bonds for the first time
Real-world asset tokenization as a concept has existed for some time. However, in 2023, with the growing interest of institutions, various governments have started experimenting with the idea.
Solana (SOL), Avalanche (AVAX) and dYdX produce double-digit gains as Bitcoin reclaims $37K
SOL, AVAX and DYDX rank among the top-performing altcoins this month. Cointelegraph investigates what is behind the move.
Binance Labs invests in ARKM, the native token of Arkham platform
Binance Labs, the venture capital arm of Binance Exchange, has invested in ARKM, the native token of the crypto intelligence platform Arkham.
Singapore introduces five new pilots to test asset tokenization
The latest initiatives led by the Monetary Authority of Singapore aim to develop foundational capabilities to scale tokenized markets.
Australia to impose capital gains tax on wrapped cryptocurrency tokens
Delivering a major hit to Australian crypto investors, the ATO stated that wrapping or unwrapping tokens — irrespective of their price at the time — will be subject to capital gains tax.
GROK Token, Inspired by Elon Musk’s Grok AI, Hits $160M Capitalization in Latest Frenzy
Total liquidity for the token is a paltry $3.5 million on decentralized exchanges, meaning a single significant sale could instantly topple the rise.
Indian Supreme court rejects crypto petition, highlights legislative nature
Listening to the plea, the bench headed by the Chief Justice of India (CJI) remarked that the petitioner’s demands are more legislative in nature.
UK cryptocurrency scams jump 23%, young investors prime targets: Lloyds Bank
According to the bank, potential cryptocurrency investors usually make an average of three payments before recognizing they’ve fallen victim to a scam.
Is it altseason? Altcoin 30-day performance and total market cap flash bullish
3 key data points highlight the 60-day strength shown by altcoins.
Pay and dump? How businesses accepting crypto payments influence adoption
Crypto payments are often seen as a way to boost adoption, but is adoption growing if the business sells crypto right back? The answer is complex.
Yuga Labs addresses Apefest ‘vision damage’ issue; community calls out poor management
The Bored Ape community was not very impressed by the Yuga Labs’ reaction to the mishap, calling out their lack of basic health management at the event.
Hong Kong regulator issues tokenized investments requirements amid demand
The intent behind the tokenization of SFC-authorized investment products is tied to rising market demand and the government’s willingness to facilitate market development.
Blockchain adoption continues unabated — Bloomberg analyst
Blockchain adoption has been “unabated” throughout bull and bear markets over the past years, says Bloomberg analyst Jamie Coutts.
Coinbase user agreement dispute reaches US Supreme Court
The Supreme Court’s choice to take up this case represents a pivotal development for firms utilizing arbitration clauses.
SafeMoon addresses recent exploits amid SEC charges
SafeMoon says it is closely examining the recent developments and will work to resolve the situation promptly.
Ripple to power Georgia’s central bank digital currency, the digital Lari
The National Bank of Georgia will use the CBDC platform to assess Digital Lari’s benefits for the government, businesses, and retail users.
Dubai VARA grants ‘initial approval’ to crypto firm WadzPay
The license allows WadzPay to begin preparing to provide virtual asset services and activities under the VASP License for Transfer and Settlement and Broker/Dealer activities.