Binance Criticizes NFT Game Despite Generating $115M for its Mint
SkyArk Chronicles just experienced a major nonfungible token mint. However, Binance Labs claims the game developer provided a false account of its investment. SkyArk Chronicles...
Global X Terminates Spot Bitcoin ETF Pursuit
Global X sets an undesired record in becoming the first applicant for the spot Bitcoin exchange-traded fund (ETF) to withdraw a bid. The withdrawal surfaced...
Chinese Government Will Revise Crypto AML Policies Before 2025
The government of China imposed a ban on all blockchain and DeFi activities in 2021. However, Chinese blockchain users managed to keep generating hash rate...
Hester Pierce Faults SEC’s Settlement Gag Rule for ‘Denting Regulatory Principles’
Hester Pierce notes that the SEC often uses settlements to resolve enforcement actions. However, this prevents defendants from expressing themselves. According to a commissioner, a...
China to Unveil Amended Crypto AML Guidelines
China plots holistic amendment to its anti-money laundering (AML) guidelines to incorporate cryptocurrency-associated transactions. This is happening amid calls by the nation’s legislators for improved...
Swiss City of Lugano Ushers Multiple Digital Currencies
The city’s finance executive believes that Bitcoins, stablecoins, and central bank digital currencies can coexist in Lugano since they can serve various purposes for users....
Quantstamp Decries $38.9M loss in January DeFi Exploits
Quantstamp claimed that bad actors utilized attack strategies such as key compromises, smart contract hacks, and scams. The security startup reports that established the top...
Polygon Labs Proposes Regulatory Framework for DeFi
The legal team of Polygon Labs recently claimed that decentralized finance protocols should be classified as critical infrastructures for the national and economic security of...
DOJ Levels Charges to a Trio Alleging Involvement in $1.89 Billion Crypto Scam
The United States Department of Justice (DOJ) revealed in its Monday, January 29 statement that it levelled charges against a trio accused of masterminding the...
Harvest Fund Confirms Filing Spot Bitcoin ETF in Hong Kong
Hong Kong-based unit of Harvest Fund Management reportedly filed a bid for the spot Bitcoin exchange-traded fund (ETF) on Friday, January 26. The bid by...