Poloniex Confirms Hacker’s Identity, Offers $10M Bounty
Poloniex, a cryptocurrency exchange, recently identified the individual responsible for over $100M hack from its platform and offered a $10 million bounty to return the stolen assets. PeckShield, a blockchain security firm, disseminated an on-chain message via social media that depicts Poloniex’s communication with the intruder. The exchange reports that they have previously verified the […]
Report Shows Crypto Sector Spends Over $20M on Lobbying Efforts
With over a month remaining until the conclusion of 2023, the cryptocurrency sector in the United States has expended $20 million on lobbying endeavors, almost exceeding 2022’s record of $22.2 million. The crypto lobby in the United States has reportedly spent $20.19 million so far in 2023, excluding fourth-quarter figures, according to a report by […]
Binance To Remove Russian Ruble (RUB) Crypto Trading Pairs
On Friday, the Binance cryptocurrency exchange announced removing specific spot trading pairs, including XRP, ETH, ADA, MATIC, SOL, and 15 other crypto in Russian Ruble (RUB) pairs. The official declaration on November 17 states that on November 20, cryptocurrency exchange Binance will remove and cease trading numerous cryptocurrencies in Russian Ruble (RUB) pairs. DOT/RUB, ADA/RUB, […]
WisdomTree Amends S-1 Form Spot Bitcoin ETF Filing
Exchange-traded fund (ETF) provider WisdomTree has amended its S-1 form spot Bitcoin ETF with the United States Securities and Exchange Commission (SEC). A few months after the resubmission of WisdomTree’s spot Bitcoin ETF application in June 2023, which put forth a proposal for a regulation change to enable the listing and trading of shares of […]
IOSCO Publishes Crypto Regulatory Framework Proposal
The International Organization of Securities Commissions (IOSCO), a regulatory body responsible for international securities markets, recently published its comprehensive report, including policy proposals for cryptocurrency and digital asset (CDA) markets. To address the substantial threats to investor protection and market integrity posed by centralized crypto asset intermediaries called crypto asset service providers (CASPs), the recommendations […]