Standard Chartered Launches Crypto Custody in UAE
Standard Chartered has expanded its crypto custody services to the UAE after receiving approval from the Dubai Financial Services Authority. Standard Chartered has announced the expansion of its crypto custody service to the United Arab Emirates (UAE) following the acquisition of regulatory sanction in the country. The multinational bank was granted a license by the […]
Bitfarms Delays Meeting Due to Riot’s Board Change Demand
Bitfarms postponed its October shareholders’ meeting to November 6 after Riot Platforms, its largest shareholder, pushed for changes to the board, including appointing Ben Gagnon as CEO. In response to Riot Platforms, the company’s largest shareholder, Bitfarms has rescheduled its October shareholders “special meeting” to November 6. Riot released an open letter to Bitfarms shareholders […]
Telefónica Tech Joins Polygon’s Privado ID as Integrator
Telefónica Tech has become a system integrator for Polygon’s Privado ID, incorporating its tools into Telefónica’s managed blockchain service, TrustOS. Telefónica, a Spanish telecommunications company, has become a system integrator of Polygon’s identity solution, Privado ID, in anticipation of the European Union’s implementation of trusted digital identity purses in all of its member states. Privado […]
Ripple CLO Dismisses Crypto Money Laundering Worries, XRP Community Responds
Ripple CLO Stuart Alderoty criticized the US Federal Reserve and SEC for scapegoating crypto for money laundering, highlighting that traditional finance systems, including the NY Federal Reserve, have also facilitated illicit transfers. On Tuesday, Stuart Alderoty, the chief legal officer (CLO) of Ripple Labs, conveyed apprehension regarding the US Federal Reserve and the U.S. SEC’s […]
Hackers Use Deepfake Tim Cook to Promote Crypto Scam at Apple Event
On September 9, hackers exploited Apple’s highly anticipated “Glowtime” event using Deepfake Tim Cook to run live streams promoting a double-your-cryptocurrency scam. September 9 was a significant day for the tech behemoth Apple, as millions of individuals worldwide anticipated the “Glowtime” event, which would unveil the new iPhone. Scammers capitalized on this opportunity by conducting […]