Circle freezes $63m in USDC in response to Multichain breach

Following the detection of a substantial token movement from Multichain’s bridging networks to an undisclosed address, the platform has temporarily suspended its services. On-chain investigators had previously speculated about a potential multimillion-dollar exploit as they observed cryptocurrency being withdrawn from… дальше »

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Analysts Puts Bitcoin At $125,000 By 2024, How Is This Possible?

Matrixport, a crypto financial services platform, has always been bullish on Bitcoin, especially in 2023. So its latest prediction for the digital asset comes as no surprise to investors. This time around, Matrixport analysts have predicted that the price of BTC will push forward to as high as $125,000 by the end of 2024. дальше »

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Majority of finance customers comfortable with crypto, less so AI – Salesforce survey

A 2023 H1 survey from Salesforce, which covered 6,058 financial service institution (FSI) customers worldwide, offered significant insights into sentiments surrounding artificial intelligence (AI), cryptocurrency, and the digital shift in the financial services industry. дальше »

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Multichain Halts Operations, Warning Users of Mysterious $126M Outflow

Multichain, a cross-chain bridge platform, has unexpectedly suspended its services and cautioned its user base against transacting after a staggering $126 million asset outflow. This exodus, initially reported by security... дальше »

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Flare and Ankr Unite to Provide Web3 Infrastructure Services for Developers

Flare Network partners with Ankr, expanding its suite of RPC tooling for developers. They aim to streamline dApp development and enhance blockchain utility. The post Flare and Ankr Unite to Provide Web3 Infrastructure Services for Developers appeared first on NFT News Today. дальше »

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Multichain halts services after $126M exploit

Cross-chain protocol Multichain (MULTI) stopped services today after confirming the abnormal movements of funds from its MPC address. Blockchain security firm Peckshield reported that Multichain was exploited for $126 million, with the attacker moving funds from its  Fantom (FTM) and Moonriver (MOVR) bridge. дальше »

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Exploit of Fantom, Moonriver and Dogechain Crypto Bridges Confirmed by Multichain Team

“It is recommended that all users suspend the use of Multichain services and revoke all contract approvals related to Multichain,” developers said early Friday. дальше »

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Crypto services provider Matrixport predicts Bitcoin to $125k by the end of 2024

Key takeaways Matrixport believes that Bitcoin could rally to $125k by the end of next year. The crypto services provider points out that Bitcoin has already touched its bottom after rallying to the $31k level last month. дальше »

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Twitter receives money transmitter licenses in 3 US states

Twitter has recently obtained money transmitter licenses in Michigan, Missouri, and New Hampshire, as confirmed by Nationwide Multistate Licensing System database records. This development indicates the social media platform's intention to potentially expand into the realm of payment services. дальше »

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South Korean Regulator Sets Crypto Reporting Guidelines for Its Employees

South Korea's Financial Services Commission (FSC) has ordered its employees to report their cryptocurrency holdings. The move is part of the country's efforts to regulate the crypto market. The post South Korean Regulator Sets Crypto Reporting Guidelines for Its Employees appeared first on BeInCrypto. дальше »

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Google’s Privacy Policy Shifts: Allowing Data Scraping for AI Training

“Google’s Revised Privacy Policy Opens Doors to AI Training Using Publicly Available Data” Google recently introduced updates to its privacy policy, granting itself the permission to leverage publicly accessible information for training its diverse range of AI products and services. дальше »

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Google updates its privacy policy to allow data scraping for AI training

The latest updates to Google’s privacy policy reveal that Google may use any public information available to train its various AI products and services. дальше »

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Bankrupt Voyager Digital’s Creditors Racks Up $5.1M in Legal Fees

The creditors of the bankrupt crypto firm, Voyager Digital, face a $5.1 million bill. The New York law firm McDermott Will & Emery is seeking compensation for legal services provided... дальше »

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Dior Unveils B33 Sneaker Range with Blockchain Integration

Dior launches its B33 sneaker range, embedding NFTs for authenticity and special services. The release signals an increased adoption of Web3 tech in fashion. The post Dior Unveils B33 Sneaker Range with Blockchain Integration appeared first on NFT News Today. дальше »

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How Will South Korea’s New Digital Asset Regulations Affect Crypto Companies?

South Korea's National Assembly has passed its first standalone legislation for digital assets, the Virtual Asset User Protection Act, which establishes safeguards for crypto traders and users, and mandates supervision of virtual asset services providers. дальше »

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Thailand Restricts Crypto Custodial and Lending Services

In an effort to strengthen investor protection in the digital asset space, Thailands Securities and Exchange Commission (SEC) has rolled out a fresh set of directives for firms offering digital... дальше »

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Poly network services ‘remain suspended’ after another major hack

Cross-chain protocol Poly Network said its services would remain temporarily suspended after a hacker exploited 57 crypto assets on ten blockchains, including Ethereum (ETH), BNB Chain, Polygon (MATIC), Avalanche (AVAX), Metis, Optimism (OP) and others on July 2. дальше »

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The SEC’s odd pick: Unmasking Prometheum

The following is a guest post from Hamilton Keats, CEO and co-founder of Krayon Digital. In an attempt to demonstrate that there’s a path forward for crypto firms within the existing regulatory framework, the SEC extended an invitation to Prometheum to the House Financial Services Committee hearing on digital assets. дальше »

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DeFi platform PolyNetwork suspends services following massive hack, CZ comments

Decentralized finance (DeFi) platform PolyNetwork has tweeted about its latest hack (which forced it to suspend its services temporarily). The hacker minted billions in altcoins, including Shiba Inu, Binance USD, and Binance Coin, on blockchains such as Heco, Metis, Polygon, and Avalanche. дальше »

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$11.1 Trillion Giant Fidelity Renews Push For Spot Bitcoin ETF

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UK Law to Regulate Crypto Awaits King Charles’ Signature

The UK government is nearing final approval of a bill that would bring cryptocurrencies under the same rules as traditional assets. The Financial Services and Markets Bill, which was approved... дальше »

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King Charles approves UK legislation for crypto oversight

King Charles has given his official sanction to the UK's Financial Services and Markets Bill, setting the stage for increased supervision of cryptocurrencies and stablecoins. дальше »

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UK’s landmark crypto, stablecoin bill signed into law

The UK has officially recognised crypto and stablecoins as regulated activity after King Charles assented to the Financial Services and Markets Bill (FSMB) into law. On June 19, as reported here, the House of Lords – the upper chamber of the UK parliament – approved the FSMB, putting the bill one step away from becoming […] The post UK’s landmark crypto, stablecoin bill signed into law appeared first on Invezz. дальше »

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Julius Baer Eyes Expansion to Dubai for Crypto Services: Bloomberg

The expansion would be the private bank's first for its crypto offering beyond its native Switzerland, where it has provided digital asset services since the start of 2020. дальше »

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UK Crypto, Stablecoin Rules Receive Royal Assent, Passing Into Law

The Financial Services and Markets Act 2023 classifies crypto as a regulated financial activity. дальше »

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Binance loses Euro payment partner; denied licensing in Germany

Binance has suffered further blows to its European business as the exchange confirmed to CryptoSlate that its Euro payment partner, Paysafe, will stop its bank transfers services from September 25. дальше »

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Japan’s financial giant SBI Group lists Shiba Inu on its crypto asset platform

In an official announcement made on June 28, Japan’s major financial services conglomerate, SBI Group, announced that they will “start handling Shiba Inu (SHIB), Dai (DAI), and Cosmos (ATOM)” on its cryptocurrency platform SBI VC Trade. дальше »

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Crypto debanking could drive industry underground: Australian Treasury

The Australian government is addressing the risks of cutting banking services to crypto exchanges amid a flurry of banks restricting certain services over scams. дальше »

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Binance’s EUR banking partner announces plan to halts support

Paysafe is Binance’s current EUR banking partner. Paysafe will not provide services to Binance users from 25th September 2023. The announcement comes, weeks after Binance. US announced its banking partners had warned to discontinue their services. дальше »

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Crypto Community Reacts as KuCoin Springs KYC Measures on Customers

Starting from July 15, new KuCoin customers will need to complete KYC in order to use the exchange’s products and services. The post Crypto Community Reacts as KuCoin Springs KYC Measures on Customers appeared first on BeInCrypto. дальше »

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KuCoin to introduce mandatory KYC, ending deposits for non-verified users

Crypto exchange KuCoin announced on June 28 that it will soon implement mandatory know-your-customer (KYC) checks for its users, a significant shift from their past policies New KYC rules begin in July KuCoin said that new customers will need to complete KYC checks to access its trading platform and other services starting on July 15, […] The post KuCoin to introduce mandatory KYC, ending deposits for non-verified users appeared first on CryptoSlate. дальше »

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Bitcoin, Other Digital Assets Surge Late in Q2 on Spot Bitcoin Euphoria

The spot bitcoin ETF filings by BlackRock and other financial services giants ensured bitcoin would finish Q2 in positive territory. Now the SEC’s decision on the applications will likely play a big role in digital asset prices for the remainder of the year. дальше »

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Deutsche Bank Enters Digital Asset Custody to Drive Institutional Adoption

Deutsche Bank, one of the world’s leading financial institutions, has applied to the Federal Financial Supervisory Authority of Germany (BaFin), intending to obtain regulatory approval to offer cryptocurrency custody services. дальше »

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Chainlink Data Feeds Go Live on Celo

In April, Celo joined Chainlink Scale to access the data provider’s oracle services at a low cost. дальше »

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Voyager to pay $1.1M in legal fees incurred in April

Certain members holding high positions within the firm bill an hourly rate exceeding $2,000 for their professional services.

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Crypto Exchange KuCoin to Introduce Mandatory ID Checks Next Month

As of July 15, new customers will be required to complete identification checks to use KuCoin's services. дальше »

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KuCoin crypto exchange to introduce mandatory KYC in July

KuCoin’s Know Your Customer checks will require new users to complete identity verification to access all services, while existing non-KYC users will not be able to deposit. дальше »

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New exchange EDX reportedly switching out Paxos’ custody services for Anchorage’s

The new exchange does not custody customer funds itself to avoid a conflict of interest — and a hot-button issue with the SEC.

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Japan Joins Singapore’s Project Guardian in Global FinTech Collaboration

The Japan Financial Services Authority (FSA) joins the list of financial institutions to be taking a collaborative role in Project Guardian, a digital assets initiative launched by the Monetary Authority... дальше »

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Regulators in Japan and Singapore team up to explore digital asset tokenization, more

The Financial Services Authority (FSA) of Japan and the Monetary Authority of Singapore (MAS) have joined forces in Project Guardian. дальше »

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Fidelity set to file for spot Bitcoin ETF

Fidelity, an investment giant with $4. 2 trillion in assets under management, is reportedly set to file for a spot Bitcoin exchange-traded fund (ETF). The imminent application by the Wall Street colossus comes after industry giant BlackRock sparked a wave of spot Bitcoin ETF applications from several investment and financial services providers. дальше »

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Robinhood carries out third round of layoffs

US trading platform Robinhood Markets reportedly cut its workforce for the third time, as the company faces a decline in crypto trading activities and customer demand for its services. дальше »

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Bybit’s MVP license in Dubai ‘very restricted,’ CEO says

Once fully licensed in Dubai, Bybit plans to run a full-scope exchange, offering crypto lending, payments, investment and other services. дальше »

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Fireblocks adds support for AWS, Google Cloud and Alibaba Cloud

Fireblocks, an enterprise-focused crypto custody provider, has expanded its services to leading cloud platforms, including Amazon Web Services (AWS), Google Cloud Platform (GCP) and Alibaba Cloud. дальше »

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Fireblocks Adds Support for Amazon Web Services, Google Cloud Platform and Alibaba Cloud

Cryptocurrency custody technology provider Fireblocks has started offering support for cloud service providers Amazon Web Services (AWS), Google Cloud Platform, Alibaba Cloud, Thales and Securosus, the company announced Tuesday. дальше »

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Bybit Expands Global Presence With Cyprus Crypto License

Bybit, the third biggest crypto exchange in the world, is expanding its global presence. Today, the exchange announced that it has been granted a license to operate a cryptocurrency exchange in Cyprus and provide custody services for digital assets. дальше »

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HSBC Introduces Cryptocurrency Solutions in Hong Kong, According to Report

HSBC Launches Cryptocurrency Trading Services in Hong Kong, Offering Bitcoin and Ethereum ETFs In a significant development, HSBC, the largest bank in Hong Kong, has reportedly introduced its initial range of cryptocurrency services tailored for the local market. дальше »

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Shanghai Clearing House adds support for digital yuan in commodity trading

Shanghai Clearing House, a financial institution under China’s central bank, has introduced digital yuan clearing and settlement services for commodity trading, enhancing cross-border transactions and promoting the internationalization of China’s currency. дальше »

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OKX executive hints at expanding Dubai team after acquiring MVP license

On June 15, the Seychelles-based crypto exchange OKX entered the Middle East after the Dubai Virtual Assets Regulatory Authority (VARA) granted its Minimal Viable Product (MVP) preparatory license. The exchange has also expanded services to Hong Kong, allowing users to… дальше »

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HSBC rolls out cryptocurrency services in Hong Kong: Report

Three crypto ETFs listed on the Stock Exchange of Hong Kong are now reportedly available for trading at Hong Kong’s largest bank. дальше »

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