Trezor Crypto wallet Launches Investigation Into Phishing Campaign
Trezor, a provider of cryptocurrency hardware wallets, is investigating a recent phishing campaign after users reported receiving fraudulent emails. ZachXBT, an anonymous blockchain investigator, posted a warning on his Telegram channel on October 26 regarding a fraud attack targeting Trezor customers. ZachXBT referred to an X (previously Twitter) post from the account JHDN, which claimed […]
Fireblocks Assists UniPass Wallet Tackle Account Abstraction Vulnerability
Fireblocks, a company specializing in cryptocurrency infrastructure, has identified and assisted UniPass Wallet in addressing an ERC-4337 account abstraction vulnerability issue. An October 26 announcement revealed an ERC-4337 account abstraction vulnerability in the UniPass smart contract wallet. The vulnerability was reportedly discovered in hundreds of mainnet wallets during a white-hat hacking operation. The two companies […]
Turkey to Finalize Crypto Regulatory Framework in 2024
The Presidential Annual Program for 2024, published in Turkey’s Official Gazette on October 25th, aims to finalize the country’s crypto regulatory framework within the following year. Article 400.5 of the nearly 500-page document details the intended studies to define crypto assets, which may be taxed appropriately in the future. The purveyors of crypto assets, i.e., […]
Taiwan Introduces Virtual Asset Management Bill to Parliament
Legislators from Taiwan introduced the Virtual Asset Management Bill to the unicameral Legislative Yuan on October 25. The bill aims to provide “better protection” for consumers and “properly supervise” the industry. The 30-page bill imposes moderate requirements on the industry. It recommends that virtual asset service providers (VASPs) separate customer funds from the company’s reserve […]
UK Passes Economic Crime and Corporate Transparency Bill
Legislators in the UK have passed the Economic Crime and Corporate Transparency Bill legislation, allowing authorities to seize and hold Bitcoin and other cryptocurrencies used for illicit activities. According to official data on the U.K.’s Parliamentary Acts website, the Economic Crime and Corporate Transparency Bill is expected to receive royal assent on October 26. This […]