Paxos reportedly under probe by New York regulators
The New York Department of Financial Services (NYDFS) is reportedly looking into Paxos Trust Company, the stablecoin issuer responsible for Binance USD (BUSD) and Paxos Dollar (USDP), although, the reason for the investigation hasn’t been revealed. According to a Feb. 10 report by Bloomberg, “a source familiar with the situation,” the investigation’s precise purpose is […]
China launches National Blockchain Technology Innovation Center
The National Blockchain Technology Innovation Center in Beijing, China will help encourage more blockchain adoption and also speed up the country’s industry through engagement inblockchain technology. The Center will establish a research network with the local colleges, think tanks, and blockchain firms to carry out investigations into fundamental blockchain technologies, according to a story from […]
South Korea sets sanctions for North Korea over crypto theft
In response to cryptocurrency thefts and cyberattacks against well-known North Korean hacking groups, individuals, and organizations South Korea has imposed its first round of independent sanctions. Four North Korean people and seven firms have reportedly been added to a blacklist for allegedly participating in cyberattacks and cryptocurrency theft , according to Seoul’s Ministry of Foreign […]
Bitzlato co-founder reportedly released after brief arrest
The co-founder of Bitzlato, Anton Shkurenko, was held in Moscow on February 6 at Interpol’s request, according to local Russian media reports on Monday after which he has now been released. However, according to a CoinDesk story from February 10th, Shkurenko was stopped and held by the neighborhood police for an identification check before being […]
7 Crypto Projects to watch out for in 2023
Despite the harsh conditions of this crypto winter, there are a select few projects that are showing promise with the innovative solutions they propose. This article reveals the top 7 crypto projects to watch out for in 2023 . The year 2023 is shaping up to be a very exciting one for the crypto sector. […]