Singapore to Require Crypto Exchanges to Safeguard Customer Assets Singapore’s Monetary Authority (MAS) has announced that by the end of the year, cryptocurrency exchanges will be required to keep customer assets in a trust. This new requirement comes in response to the implosion…
AzukiDAO Launches Proposal to Recover 20,000 ETH AzukiDAO has launched a proposal called “Hire a lawyer” to recover 20,000 ETH from Azuki founder Zagabond. The proposal aims to file a lawsuit against Zagabond for alleged misconduct and retrieve the funds for the Azuki…
The Monetary Authority of Singapore (MAS) announces new requirements for crypto firms – Crypto firms in Singapore must keep customers’ funds in a statutory trust before the end of the year. – The requirements aim to mitigate the risk of loss or misuse…
Huobi Crypto Exchange Fixes Data Breach, Securing User Assets Crypto exchange Huobi recently addressed a data breach that had put users’ assets at risk since June 2021. The breach involved the exposure of credentials granting write privileges to Huobi’s AWS S3 buckets, which…
Cameron Winklevoss: SEC’s Refusal to Approve Spot Bitcoin ETF is Harmful to Investors Cameron Winklevoss, the Co-Founder and President of crypto exchange Gemini, has expressed his concern over the US Securities and Exchange Commission’s (SEC) refusal to approve a Spot Bitcoin exchange-traded fund…
Crypto Attorney John Deaton Raises Questions about SEC Lawsuit Against Ripple Crypto attorney and founder of CryptoLaw, John Deaton, is questioning the true intent behind the SEC’s lawsuit against Ripple Labs. In a series of tweets and live broadcasts, Deaton has raised concerns…
Bybit Enhances Copy Trading with Automated Trading Features – Bybit, a cryptocurrency exchange, has upgraded its copy trading platform to offer advanced opportunities through automated trading. – Traders now have access to the main derivatives terminal, providing a range of features and third-party…
Hot Take: Crypto Industry Gains Traction as Asset Management Companies File ETF Applications In the month of June, the crypto industry experienced various events that had a significant impact on the market. The SEC’s legal action against Binance and Coinbase caused tremors in…
Litecoin (LTC) Makes a Comeback on EDX Markets Litecoin (LTC), often referred to as the “silver” to Bitcoin’s “digital gold,” is experiencing a remarkable resurgence. This renewed interest is primarily driven by investors who have taken notice of the recent listing of Litecoin…