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NEAR Foundation Cuts 40% of Workforce Amid Advancements

NEAR Foundation Cuts 40% of Workforce Amid Advancements

Staff reduction was recently announced by the NEAR Foundation, an organization that empowers protocol maintainers and ecosystems. The NEAR Foundation, a highly esteemed organization supporting ecosystems and protocol maintainers globally, recently reduced its staff. This development has sparked considerable speculation throughout the web3 domain. To improve the organization’s functionality and efficiency, the NEAR Foundation intends […]

South Korea Maintains Crypto ETF Ban Despite US Approval

South Korea Confirms Crypto Not Included in New Donation Law

After the U.S. Bitcoin ETF approval, FSC officials assert that the South Korean cryptocurrency market will remain unchanged. In contrast to the United States’ regulatory approval of Spot Bitcoin ETFs, the Financial Services Commission (FSC) of South Korea has steadfastly opposed the prohibition of Crypto ETFs. According to FSC officials, the developments in the United […]

CoinGecko’s Account Compromised in Phishing Attack

CoinGecko's Account Compromised in Phishing Attack

Phishing compromised the CoinGecko account on January 10, revealing the escalating cybersecurity risks in the cryptocurrency industry. CoinGecko, an cryptocurrency data aggregator, experienced a security lapse on January 10 due to a phishing attack that compromised their account. This occurrence highlights the escalating cybersecurity risks faced by the digital finance sector. Users were misled during […]

SEC Seeks FBI Assistance Following False Bitcoin ETF Statement

SEC Seeks FBI Assistance Following False Bitcoin ETF Statement

Concerns regarding digital security and market impact are raised as the SEC and FBI investigate a fabricated Bitcoin ETF approval post. The Federal Bureau of Investigation (FBI) and the U.S. Securities and Exchange Commission (SEC) are collaborating to investigate a misleading social media post concerning the approval of spot Bitcoin ETFs. The occurrence above, which […]

SEC Approves 11 Spot Bitcoin ETFs

Monochrome Launches Australia's First Spot Bitcoin ETF

An unprecedented shift in crypto regulation occurs when the SEC authorizes 11 bitcoin ETFs, sparking investor interest and market excitement. Eleven spot bitcoin exchange-traded funds (ETFs) have been expedited through the Securities and Exchange Commission (SEC) approval procedure. This advancement, first mentioned in a document presently unavailable on the SEC’s website, signifies a substantial progression […]