crypto
☠️ After a $1.45 Billion Hack, Crypto Exchange Bybit Strengthens Its Security Paid Members Public
☠️ After a $1.45 Billion Hack, Crypto Exchange Bybit Strengthens Its Security In response to the incident, Bybit announced a partnership with UK-based firm Zodia Custody🇬🇧, which specializes in security for institutional clients. Backed by traditional financial institutions such as Standard Chartered, Zodia offers segregated custody and off-exchange settlement services.
🤩 Binance: between service expansion and security concerns Paid Members Public
🤩 Binance: between service expansion and security concerns While the platform expands its euro deposit options through Apple Pay and Google Pay, it also faces scrutiny over the security of its users’ data. ▶️ At the end of March, a database allegedly containing 132,744 records with emails and passwords linked to
😱 Thailand 🇹🇭: The Securities Commission (SEC) files criminal charges against OKX 🇨🇳 for operating without a license Paid Members Public
😱 Thailand 🇹🇭: The Securities Commission (SEC) files criminal charges against OKX 🇨🇳 for operating without a license The Securities and Exchange Commission (SEC) of Thailand has initiated legal action against OKX, along with nine other individuals, for operating in the country’s cryptocurrency market without the required license. The lawsuit centers around
🎉United Kingdom 🇬🇧: Neobank Revolut launches independent app for its cryptocurrency platform Paid Members Public
🎉United Kingdom 🇬🇧: Neobank Revolut launches independent app for its cryptocurrency platform After facing regulatory challenges that forced Storonsky and Jacenk to suspend services in the United Kingdom 🇬🇧 and the U.S. 🇺🇸, the British-Lithuanian fintech is shifting its focus back to crypto. Learning from past hurdles, Revolut now reinforces its commitment
💸 Switzerland🇨🇭: Debit cards surpass cash, becoming the primary payment method Paid Members Public
💸 Switzerland🇨🇭: Debit cards surpass cash, becoming the primary payment method According to a study by the Swiss National Bank, in 2024, approximately 35% of in-store transactions were made using debit cards, surpassing cash by 5 percentage points. In comparison, in 2017, these figures were 21% and 70%, respectively. ➡️ 18% of
💀 South Korea🇰🇷: sanctions for unregistered crypto exchanges Paid Members Public
💀 South Korea🇰🇷: sanctions for unregistered crypto exchanges The platforms BitMEX, KuCoin, CoinW, Bitunix, and KCEX are under investigation. Authorities are collecting data and analyzing potential sanctions. ➡️ These platforms have offered Korean-language websites, marketing events, and customer support for local investors without complying with the Financial Intelligence Unit (FIU) requirements of
⚡️USA 🇺🇸: cryptocurrency platform Ripple registers a trademark for wallets, custodial services, and SaaS Paid Members Public
⚡️USA 🇺🇸: cryptocurrency platform Ripple registers a trademark for wallets, custodial services, and SaaS The trademark called "Ripple Custody" will offer services related to cryptocurrency storage and asset management. ➡️ The downloadable app is expected to come with software that will allow users to store crypto assets, as well as
🦘 Australia 🇦🇺: new cryptocurrency regulation on the horizon Paid Members Public
🦘 Australia 🇦🇺: new cryptocurrency regulation on the horizon The regulation will impact operators, exchanges, digital asset platforms, as well as custodial services and brokers. ➡️ A statement from the Treasury mentions tokenization, real-world assets (RWA), and central bank digital currencies (CBDC) as part of a broader plan to modernize the financial system.