Hidden Road Halts Client’s Access to ByBit Exchange
Hidden Road, a brokerage firm sponsored by Citadel, has formally restricted its clients’ access to the ByBit exchange, citing KYC verification policies and AML regulations. As reported by Bloomberg, a divergence in Know Your Customer (KYC) verification protocols and Anti-Money Laundering (AML) regulations between Hidden Road and ByBit led to the restriction on services. ByBit […]
Alex Labs Reveals Recovery Plan Post-exploit
Following a $4.3M exploit, Alex Labs has revealed a recovery plan to enhance security measures and rebuild community trust. After a recent security compromise, Alex Labs, a Bitcoin layer-2 (L2) developer, unveiled its strategic plan to reinstate community confidence and resume platform operations. The re-opening of pools and the implementation of the migration process for […]
US DOJ Arrests Chinese Citizen Over $130M Botnet Cyberscam
The US Department of Justice (DOJ) has arrested a Chinese national, Yunhe Wang, over his suspected involvement in the 130M botnet scam. A 35-year-old national of the People’s Republic of China and citizen-by-investment of St. Kitts and Nevis, Yune Wang, was arrested by the U.S. Department of Justice (DOJ) on suspicion of involvement in a […]
Robinhood Launches Crypto API for US Traders
Robinhood has made public its application programming interface (API) for cryptocurrency trading, which is now available to United States-based consumers. The investing application disclosed its endeavor to access experienced cryptocurrency speculators via an API on May 30. A crypto trading API enables traders in the United States to establish automated trading strategies. According to Robinhood, […]
Milei Meets Top CEOs to Boost Argentina’s Business Relations
Argentina’s President, Javier Milei, will meet with top tech CEOs in the US to discuss advancing business in Argentina. As part of his tour of the United States, Argentine President Javier Milei will privately meet several prominent figures, including leading technology CEOs, in Silicon Valley, California. Press reports indicate he will utilize the occasions to […]