SEC Demands Increased Monitoring of Cryptocurrency Assets
The U.S. SEC has urged financial professionals to exercise enhanced scrutiny when recommending high-risk or complex products. The Securities and Exchange Commission (SEC) has urged financial professionals to exercise “enhanced scrutiny” when recommending complex or risky products, such as cryptocurrencies or “crypto asset securities” as the agency has described them. The SEC recently emphasized the […]
Abu Dhabi Global Market Proposes Legal framework for DLT foundations
The Registration Authority of the Abu Dhabi Global Market has published a consultation paper on a new legal framework for Distributed Ledger Technology foundations. The Registration Authority of the Abu Dhabi Global Market (ADGM), an international financial center in the UAE capital, has published a consultation paper on a new legal framework for Distributed Ledger […]
Mt Gox Bitcoin wallet transfers $60M after 10 years of dormancy
A Bitcoin wallet connected to the hacked crypto exchange Mt Gox moved 2,071.5 BTC, worth about $60 million, on April 19, 2023. The wallet is connected to Mt Gox, the infamous crypto exchange hacked in 2011 and lost hundreds of thousands of bitcoins. The transaction has sparked curiosity among crypto enthusiasts and analysts. The wallet, […]
OKB Surges 22% Despite Crypto Market Slump
OKB, the native cryptocurrency of the OKX exchange, is defying the odds amid the current crypto market downturn, registering an unexpected surge in price and demand. OKB is trading at $52.98, up 12.34% in the last seven days, according to Co inMarketCap. This surge in price has left many investors and analysts curious about the […]
Schumacher family sues over fake AI interview
The family of former F1 champion Michael Schumacher is taking legal action against a German magazine that published a fake interview with him using artificial intelligence (AI). The magazine, Die Aktuelle, ran a cover story on April 14 promising “the first interview!” with Schumacher since he suffered a brain injury in a skiing accident in […]