Canada to Sanction LiquiTrade for Violating Securities Act
British Columbia Securities Commission (BCSC) panel reports that LiquiTrade is guilty of operating an illegal exchange in Canada, which could result in sanctions ranging from fines to a ban In November 2022, LiquiTrade’s Latoken crypto exchange was initially accused of violating Canada’s Securities Act for processing $300 million in daily transactions for its 1.5 million […]
Pancake Bunny Hacker Moves $2.9M in Ether After 3 Years
After three years of inactivity, stolen funds worth $2.9M ETH associated with the Pancake Bunny hack were transferred through the privacy protocol Tornado Cash. Pancake Bunny experienced a flash loan attack in May 2021, losing approximately 697,000 BUNNY tokens and 114,000 BNB. This event significantly impacted the value of the BUNNY token, which plummeted by […]
Digital Asset Inflows See $441M as BTC Price Weakens
A recent report from CoinShares has revealed $441 million in inflows for digital asset investment products over the past week, driven by Bitcoin price weakness. The July 8 report also emphasized a $398 million inflow into Bitcoin. The probable causes of investors’ purchasing sprees, as per CoinShares, were the weakness of Bitcoin prices, activity from […]
German Government Transfers 3K BTC in 1 hour
The German government transferred over 3,000 Bitcoins in an hour, bringing the total combined inflow and outflow to over 6,000 BTC. The transactions persist in the Bitcoin sell-off trend initiated by the German government last week, despite the imploring of parliamentary members, including the German lawmaker and BTC activist Joana Cotar, to “refrain” from doing […]
Ronin Network Introduces PHPC Stablecoin to Enhance Filipino Crypto Adoption
In collaboration with Coins.ph and under Bangko Sentral ng Pilipinas regulation, the Ronin Network includes PHPC, a Philippine peso-pegged stablecoin, to promote affordable remittances and crypto adoption in the Philippines. The Ronin Network has announced the addition of PHPC, a Philippine peso-pegged stablecoin, to its platform. Ronin’s X (formerly Twitter) account announced this development, emphasizing […]