South Korean Regulators Urge Users to Report Unlicensed Crypto Exchanges
On December 4, South Korean financial regulators issued an update requesting that users report any unlicensed crypto exchanges that provide services to users within the region. The initiative was a joint effort between the Financial Intelligence Unit (FIU) of South Korea and the Digital Asset Exchange Association (DAXA). Upbit, Bithumb, Coinone, Korbit, and Gopax are […]
Court Exonerates Platypus Finance Hackers Following $8.5M Hack
A French court took no action against two brothers, Mohammed, and Benamar M, after clearing them of all criminal charges in the $8.5 million theft from the decentralized finance (DeFi) protocol Platypus. By draining and transferring $8.5 million from Platypus via a flash loan attack on February 16, hackers compelled the protocol to suspend trading […]
Trezor Launches Education Program, Funds Bitcoin Awareness in Africa
Hardware cryptocurrency wallet company Trezor has officially launched its educational program in Africa while funding Bitcoin awareness/ education in the region. By introducing a new educational initiative in Africa, the hardware cryptocurrency wallet company Trezor has continued its efforts to promote Bitcoin education internationally. The official introduction of the Trezor Academy took place on December […]
AstraZeneca, AI Company Absci Partner to Find Cancer Cure
AstraZeneca, the pharmaceutical company that developed one of the COVID-19 vaccines, will collaborate with Absci, an artificial intelligence (AI) biologics company based in the United States, to develop a cancer antibody. The Financial Times reported on December 3 that AstraZeneca intends to allocate a maximum of $247 million towards research and development, milestone payments, and […]
Binance Reportedly Informs Market Makers About US Settlement
Executives of the cryptocurrency exchange Binance informed its top market makers about the possible $4.3 billion settlement with U.S. authorities, allowing the exchange to stay in business. According to a report published by Bloomberg on December 1, Binance traders were briefed on a provisional agreement between the cryptocurrency exchange and U.S. officials at an exclusive […]