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UK law enforcement given new powers to seize, destroy digital assets linked to criminals

The UK government enacted new laws on April 26 that grant the National Crime Agency (NCA) and police enhanced powers to seize, freeze, and destroy digital assets linked to criminal activities. The new measures aim to disrupt the financial networks of organized crime groups that increasingly exploit cryptocurrencies to launder money . дальше »

2024-4-27 02:16


Bitcoin Core Version 27.0 Rolls Out: What’s New And Improved?

Bitcoin Core has officially launched version 27. 0, incorporating an array of enhancements and updates designed to bolster the functionality and security of the Bitcoin network. The update, which can be downloaded from the Bitcoin Core website and GitHub, includes notable changes in network protocols, security measures, and wallet operations. дальше »

2024-4-17 09:20


Worldcoin Earns Approval From Ethereum Founder For Privacy Initiatives

A battle between technological advancement and data privacy is brewing around Worldcoin, a project offering digital identity and cryptocurrency in exchange for iris scans. While Ethereum co-founder Vitalik Buterin applauds Worldcoin’s efforts to strengthen privacy measures, Portugal’s data regulator has thrown a wrench into the program by halting biometric data collection for 90 days. Related […] дальше »

2024-3-31 01:00


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Civic introduces new physical ID card to combat AI driven identity fraud threats

Civic, a prominent player in identity and access management solutions, has unveiled a new physical ID card amidst the rising tide of AI-driven identity frauds. With the proliferation of artificial intelligence technologies, the company has recognized the urgent need for enhanced measures to protect individuals’ identities in the digital realm. дальше »

2024-3-27 18:54


North Korea gets 50% of foreign earnings due to weak security measures in crypto industry, UN says

A recent United Nations report highlights North Korea’s significant role in cyberattacks, particularly targeting crypto firms amid sanctions enforcement and nuclear concerns. The United Nations Security Council has released a new report, indicating North Korea‘s escalating involvement in cyberattacks, which… дальше »

2024-3-21 10:51


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Africa Increasingly in Favour of Globally Regulated Cryptos as SPONGE Token Gains Traction

Africa is warming up to regulated crypto, with Sponge’s compliance-focused relaunch attracting attention. In the wake of crypto’s legal victories and the subsequent surge in trading volume, Africa’s growing inclination towards globally regulated cryptocurrencies is becoming more apparent, with Kenya, Nigeria and South Africa at the forefront of taking measures to regulate their crypto markets.  […] дальше »

2024-2-16 17:45


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Orbit Chain tracking down hackers after the new-year eve $81M hack

In what appears to be a bad 2024 start, Orbit Chain, a platform specializing in cross-chain transactions, suffered an $81 million hack on Dec-31-2023 at 08:52 PM UTC. Despite the setback, the platform is taking robust measures to address the situation, involving collaborations with Korean authorities, security agencies, and law enforcement globally. Here are the […] дальше »

2024-1-3 17:01


Singapore Implements New Rules: Crypto Trading Restrictions Now In Effect

According to a Bloomberg report, Singapore has proposed additional regulations to reinforce its stance against retail speculation in crypto assets. The new measures include prohibiting individual investors from borrowing to trade and disallowing digital payment token service providers from offering incentives for retail trading, as well as financing, margin, or leverage transactions.  The Monetary Authority […] дальше »

2023-11-24 03:00


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Singapore further tightens crypto regulations to protect retail investors from speculative risks

The Monetary Authority of Singapore (MAS) has unveiled expanded regulations to safeguard retail crypto users from potential risks within the burgeoning industry. In a Nov. 23 statement, the financial regulator directed Digital Payment Token (DPT) service providers within its jurisdiction to adopt specific measures to discourage retail customers from engaging in speculative crypto activities. дальше »

2023-11-23 19:18