Cryptocurrencies

Cryptocurrencies

Crypto unicorn CoinDCX teams with Solidus Labs

India’s first crypto unicorn CoinDCX formed a strategic compliance partnership with crypto-native risk monitoring platform Solidus Labs.

US Justice Department performs $3.6bn cryptocurrency seizure

The US Department of Justice (DoJ) has undertaken a seizure of $3.6bn in cryptocurrency in what is being described as its largest-ever financial seizure.

Wormhole hack causes around $320m in stolen cryptocurrency

Blockchain bridge Wormhole has confirmed that around $320m worth of cryptocurrency has been stolen following a hack earlier this week.

India plans to unveil digital rupee in 2023

The Indian government has revealed it plans to launch a digital rupee in 2023 to deal with the growing demand for digital transactions in the country.

BitBuy relies on Eventus for trade surveillance

Eventus Systems, provider of multi-asset class trade surveillance and market risk solutions for customer bases such as broker-dealers, banks and crypto exchanges, has gained its first Canadian client, BitBuy.

UK lawmakers underline key stability and privacy risks of CBDCs

A report by the House of Lords’ Economic Affairs Committee has warned how a digital pound could harm financial stability, raise credit costs and erode privacy.

North Korean cybercriminals stole almost $400m worth of digital assets in 2021

Research by Chainalysis has found North Korean cybercriminals stole close to $400m worth of digital assets across at least seven cyberattacks last year.

HKMA proposes bank-like regulations on stablecoins

The Hong Kong Monetary Authority (HKMA) has called for the regulation of fiat-currency backed stablecoins similar to that of banks.

Why PayPal may be next to enter the stablecoin market

PayPal has confirmed it is looking into developing PayPal Coin, a dollar-backed stablecoin as it looks to expand its footprint in the cryptocurrency space.

UK parliament launches crypto advocacy group

The UK parliament has launched a cross-party group of lawmakers to create a framework to regulate digital asset markets, a report by the Financial...

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