Security Financial News

03.04 / 22:39

Blockchain Ethereum defi regulation SEC security stocks INX security token platform gets its first token from a public company, Greenbriar

INX has launched its first securities token issued by a public company, according to an Apr. 3 announcement from the tokenization platform.

03.04 / 10:45

Adoption regulation privacy security ChatGPT chatbot Italian regulator draws criticism for blocking AI chatbot ChatGPT

Italy's ban on conversational artificial intelligence (AI) ChatGPT sparked major controversy among the tech industry as well as in the country. The Italian Deputy Prime Minister Matteo Salvini expressed criticism that the block over privacy concerns seemed excessive.

02.04 / 05:47

business Law Binance CFTC regulation security Court CZ, Binance, influencers face $1B lawsuit for unregistered securities promo

Just five days after Binance and its CEO Changpeng ‘CZ’ Zhao got sued by the United States Commodity Futures Trading Commission (CFTC) for alleged trading violations, a new $1 billion lawsuit was filed against the crypto exchange, CZ, and three crypto influencers for promoting unregistered securities.

31.03 / 10:25

business Blockchain Adoption security Telecommunications Future week Future of telecom industry unveiled at Paris Blockchain Week

Paris Blockchain Week has risen to the public’s attention as one of the most esteemed annual events in the industry. The event has since aimed to bring together blockchain enthusiasts, developers, entrepreneurs and other stakeholders from across the globe to explore the latest opportunities in the blockchain industry. Participants can engage in various activities at the event, including keynote speeches, panel discussions, workshops, hackathons and networking events. Through these activities, Paris Blockchain Week continues to give organizations and individual thought leaders a chance to spark ideas and present solutions for mass adoption. One of the most notable at this year’s event was using the decentralized ledger in telecommunications.

30.03 / 18:59

Ethereum defi hacks Cybersecurity security Uniswap Gnosis Gnosis launches Hashi bridge aggregator to help prevent hacks

Gnosis, the team behind Gnosis Safe multi-sig and Gnosis Chain, has launched a hash oracle aggregator for blockchain bridges, according to an announcement from the company. In a conversation with Cointelegraph, Gnosis CEO Martin Köppelmann stated that the new aggregator should make bridges more secure by requiring more than one bridge to validate a withdrawal before it can be confirmed.

30.03 / 16:43

regulation security Kraken Kraken aims for restricted dealer registration in Canada to comply with new rules

Crypto exchange Kraken has filed a preregistration undertaking with the Ontario Securities Commission in Canada seeking restricted dealer status. U.S.-based Kraken is already active in Canada and is acting to comply with new guidance.

30.03 / 15:29

Blockchain Ethereum Crime Google security Fraud Bitcoin Premium Today in Crypto: Malware Disguised as Tor Used to Steal $400,000 in Crypto in 2023, Telegram Premium Can be Purchased with TON, Boerse Stuttgart Digital Licensed by BaFin for Crypto Custody Business

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________

30.03 / 08:21

defi Hackers regulation security Decentralization KYC NOT DeFi KYC: Not an issue as ‘99% have nothing to hide,’ industry execs say

DeFi execs at a WOW Summit panel argued that implementing “Know Your Customer” (KYC) measures will tackle the “biggest issue” in decentralized finance (DeFi), which is hackers laundering millions of stolen funds into “clean money.”

29.03 / 19:39

regulation SEC security Beaxy exchange shutters after SEC presses multiple charges against founder, execs

Beaxy suspended operations on March 28 “due to the uncertain regulatory environment surrounding our business,” according to the cryptocurrency exchange’s blog. The suspension came a day before the United States Securities and Exchange Commission (SEC) announced it was charging Beaxy and its executives with failing to register as a national securities exchange, broker and clearing agency.

29.03 / 11:23

Blockchain Technology Adoption security transactions Multichain Beyond bridges: A look at the next generation of multichain communication

Achieving seamless interaction between different Layer-1 networks is critical to realizing the full potential of blockchain solutions and accelerating global adoption. However, the decentralized nature of blockchain creates complex hurdles, making it difficult to overcome silos.

28.03 / 15:23

Blockchain security EOS USDC Fidelity Testnet network EVM Today in Crypto: USDC Released on Stellar Throughout Coinme, THORChain Halts & Resumes Network, EOS EVM Testnet Goes Live, OKX to Apply for Hong Kong License

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________

28.03 / 11:01

Blockchain Binance CFTC regulation SEC security Deal Here’s why CFTC suing Binance is a bigger deal than an SEC enforcement

The United States Commodity Futures Trading Commission (CFTC) sued crypto exchange Binance for violations of trading and derivatives laws. The lawsuit, filed on March 27, alleged that the global crypto exchange offered its derivatives trading services to U.S. customers without applying for a derivatives license.

27.03 / 19:55

CFTC regulation SEC security Commodities Investment CFTC calls ETH a commodity in Binance suit, highlighting the complexity of classification

The United States Commodity Futures Trading Commission (CFTC) filed suit against Binance on March 27 for violations of the Commodities Exchange Act and CFTC regulations. Those violations included transactions with Ether (ETH), according to the suit. This claim, at first glance, touched on a notable point of contention between the CFTC and the Securities and Exchange Commission (SEC).

27.03 / 05:45

business Blockchain defi Altcoin security Scams lending exit $4M 'exit scam' suspected as Kokomo Finance flies off radar, token plunges

Optimism-based lending protocol Kokomo Finance has been suspected of a $4 million “exit scam” that has seen user funds plucked out from the platform via a smart contract loophole.

24.03 / 16:49

business Binance regulation security investigation KYC Binance launches internal investigation following KYC bypass rumors

A recent article surfaced alleging that Binance employees and volunteers were assisting Chinese users on how to bypass Know Your Customer (KYC) and other security protocols.

24.03 / 13:49

business Binance regulation security KYC Customers Binance employees allegedly help customers in China bypass KYC controls

Binance, the world’s largest cryptocurrency exchange, has made significant efforts to be a leader in transparency in the industry since the FTX scandal. However, a new report claims that Binance insiders are allegedly helping users bypass security protocols.

20.03 / 13:59

defi security Scams Project claiming to be 'AI-powered' drains $1M from users

As artificial intelligence (AI) recently became a trending topic due to the capabilities displayed by ChatGPT v4, a project claiming to be an “AI-based” decentralized application has taken almost $1 million from its users in a suspected scam.

20.03 / 09:41

Adoption regulation Investments security Innovators Financial Over 80 crypto firms eyeing presence in Hong Kong: Financial Secretary

More than 80 virtual asset-related firms across Mainland China and foreign nations have expressed interest in establishing a presence in Hong Kong, amid efforts from the city to become a leading hub for Web3.

17.03 / 09:31

Blockchain Ethereum Twitter defi Hackers hacks security Euler Finance hacked despite 10 audits in 2 years, says CEO

Ten separate audits conducted over a two-year period of the Ethereum-based lending protocol Euler Finance deemed it to be “nothing higher than low risk” and having “no outstanding issues” prior to it suffering from a $196 million attack.

16.03 / 19:31

Ethereum security Legal Fraud tornado Today in Crypto: 45% Jump in Payment Fraud Attacks on Crypto Exchanges, Court Rejects Reason to Halt Binance.US’ Acquisition of Voyager, India & UAE Partner on CBDC Plans, Xapo Bank Integrates with the Faster Payment System

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16.03 / 02:43

regulation SEC security Proof-of-stake Gensler suggests staking token operators should ‘seek to come into compliance’

United States Securities and Exchange Commission Chair Gary Gensler has again suggested that proof-of-stake coins may be securities. He expressed his view on March 15 after a commission meeting on cybersecurity issues.

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