Tag: Cryptocurrency
Fraudulent crypto apps have swindled users out of almost $43m, claims...
An alert by the FBI has warned that bogus cryptocurrency investment apps have swindled at least 244 victims out of close to $43m.
Crypto firm Meow bags $22m in Series A
Meow, a compliant crypto yield offering for corporate treasuries, has scored $22m in a Series A funding round.
Delio launches as South Korea’s first cryptocurrency bank
Delio, a digital finance platform, has introduced the first cryptocurrency bank to be launched in South Korea.
Fed Vice Chair calls for quick action on crypto regulation
The cryptocurrency industry needs strong regulation before it becomes so pervasive it poses financial stability risks, claims Federal Reserve Vice Chair Lael Brainard.
Why the crypto asset meltdown may have far-reaching implications
The collapse of cryptocurrency appears to be underway. Over the past six months, the value of Bitcoin alone has fallen almost 50% - and could be set to fall even further. Will this lead to further-reaching implications?
ECB to issue Eurozone warning on need for crypto regulation
The European Central Bank is expected to issue a warning to Eurozone countries around the need to harmonise cryptocurrency regulation, the Financial Times has reported.
EU lawmakers settle on MiCA regulation for crypto
The Council Presidency and European Parliament have come to an agreement on the Markets in Crypto Assets (MiCA) proposal.
North Korean hackers blamed for $100m heist
North Korean hacking group Lazarus is supposedly the prime suspect in a $100m hack of a cross-chain cryptocurrency bridge called Horizon Bridge.
Why firms should be aware of crypto KYC
The early days of cryptocurrency were based around the idea of anonymity. However, to bring the asset type into the financial ecosystem, this has changed. Know your customer services aim to ensure cryptos cannot be used for illicit activity.
UK to scale back data gathering requirements around unhosted crypto wallets
The UK government has revealed it is planning to scale back its requirements for gathering data from both the senders and recipients of crypto sent to unhosted wallets.