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UK Lawmakers Urge Caution in Retail Digital Pound Development

December 3, 2023

UK legislators have raised concerns over the implementation of a retail central bank digital currency (CBDC), or 'digital pound', highlighting potential risks to financial stability. The Parliamentary Treasury Committee recently …

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Turbulent Times for Terra Luna and Do Kwon: An Erudite Examination

December 2, 2023

South Korean entrepreneur Do Kwon, famously known for the creation of the Terra Luna cryptocurrency, has recently been in the headlines due to ongoing legal battles and an international pursuit. …

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North Korean Hackers Amass $3B in Crypto Stealing Spree Over Six Years

December 2, 2023

According to US cybersecurity firm Recorded Future, a North Korean hacker group has accumulated around $3 billion in cryptocurrency since 2017, a hefty portion of which was stolen in the …

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KyberSwap Confirms Treasury Grants Compensation for Hack Victims

December 2, 2023

Decentralized exchange, KyberSwap, revealed plans to compensate users affected by a recent exploit, which led to the loss of $48.8 million in user funds. The platform announced on Dec. 1 …

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Bitcoin Tops $38K as Coinbase Stock Soars Amid Bull Market

December 2, 2023

Bitcoin's meteoric rise continues unabated, charting an impressive 133% uplift year-to-date (YTD) and crossing the $38,000 threshold. Investor behavior indicates strong conviction in the bull market, exemplified by the robust …

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SEC's Struggles with Crypto Regulation Amid Bitcoin ETF Talks

December 2, 2023

The U.S. Securities and Exchange Commission (SEC) is currently involved in several noteworthy interactions with the cryptocurrency industry. Notably, the SEC has filed a lawsuit against a leading cryptocurrency exchange, …

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Learn Concept: The Implication of Crypto Exploits and Thefts in November

December 2, 2023

In the month of November, crypto hackers managed to amass approximately $363 million across several incidents. This marked one of the most devastating months of the year for the industry. …

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Binance Settles DOJ Charges, Pre-Informed VIP Traders

December 1, 2023

Binance, a leading cryptocurrency exchange, navigated through legal troubles with the U.S. authorities resulting in a huge settlement amount of around $4 billion. Reports suggest that high-value traders of the …

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Cristiano Ronaldo Hit with $1B Suit for Binance Promotion

December 1, 2023

Famed soccer star Cristiano Ronaldo faces a $1 billion class action lawsuit over his endorsement of major cryptocurrency exchange Binance. The legal action was initiated in the Southern District of …

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STRK Token Airdrop by Starknet Foundation Awaits Finalization

December 1, 2023

The Starknet Foundation has confirmed that they have completed a snapshot for its upcoming STRK token airdrop, but it has also cautioned against misinterpretation of circulating screenshots taken from drafts …

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