South Korean regulators will draft security tokens rules in 2022
A separate security tokens market will be established in South Korea and run by Korea Exchange. By the end of 2022, South Korea will unveil its security token regulations. Prior to the official institutionalization, a pilot market with a regulatory sandbox will be implemented concurrently. The Financial Services Commission (FSC), the leading financial regulator in […]
LUNC 1.2% burn tax voting and activation dates revealed
LUNC Burn, a Twitter account that tracks LUNC burn events, said yesterday that the 1.2% tax plan will be up for a vote on September 10 and activated around September 20. “This is the official date’s for the proposal to activate the 1.2% tax burn. The prop will be on or before 10th September, and […]
Mysterious Wallet Sends 73,840 ETH to Huobi as ETH Falls 8%
One of the biggest cryptocurrency exchanges in the world, Huobi, has seen a significant deposit of ETH, according to crypto portal WhaleAlert. The deal, which was completed just a few hours ago, involved 73,840 ETH, which is currently valued at $111 million. The wallet’s owner is unknown, and the transaction’s wallet was anonymous. Although the […]
Roche Freedman might turn Tether class action into sideshow
Kyle Roche, an attorney, previously withdrew from serving as counsel in a number of class actions involving cryptocurrencies, including the Tether and Bitfinex Crypto Asset Litigation. After two legal firms asked the court to remove his law firm Roche Freedman as interim co-lead from the Tether and Bitfinex Crypto Asset Litigation, the fallout from the […]
FBI requests ransomware attackers’ Bitcoin wallet data
The FBI has requested Americans to disclose information that can be used to find the whereabouts of the hackers. This request was made in conjunction with two other federal agencies, CISA and MS-ISAC. Federal Bureau of Investigation (FBI), Cybersecurity and Infrastructure Security Agency, and Multi-State Information Sharing and Analysis Center released coordinated advice in an […]