Category: Ethereum News
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Tether stablecoin issuer and Tron launch financial crime unit
Tron, the largest network for the USDT stablecoin, will provide its technical expertise to identify and freeze illicit USDT transactions within the new financial crime unit.
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Indonesia’s licensing regime sparks ‘monopolistic’ market concerns
IADERN principal Tuhu Nugraha believes that the prolonged and complex registration process hampers growth and innovation in Indonesia’s crypto ecosystem.
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Singapore probes illegal Worldcoin accounts and token sales
Singapore investigates unauthorized Worldcoin account sales as regulators raise concerns over data misuse and criminal activity.
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SEC ‘dug in’ on bank crypto custody rule as agency’s stance ‘unchanged’
SEC chief accountant Paul Munter said agency staff views on a divisive rule curtailing banks from offering crypto custody services “remain unchanged.”
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SEC crypto enforcement hits $4.7B this year, rising 3,000% from 2023
The SEC is having a record crypto enforcement year, bolstered by a $4.47 billion settlement with Terraform Labs and former CEO Do Kwon.
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FTX pencils deal to access $600M in Robinhood shares
FTX debtors will pay Emergent $14 million to cover administrative expenses in exchange for the firm withdrawing any claims to $600 million in Robinhood shares and cash.
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North Carolina Senate overrides governor veto to pass Fed CBDC ban bill
A Senate veto-busting vote saw 12 Democrats who initially voted for North Carolina’s CBDC banning bill switch to backing Governor Roy Cooper’s veto.
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2 auditors miss $27M Penpie flaw, Pythia’s ‘claim rewards’ bug: Crypto-Sec
Two smart contract auditors miss a Penpie bug that resulted in a $27M exploit, Pythia Finance attacker claims way too many rewards: Crypto-Sec
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FBI reports Americans lost $5.6B to cryptocurrency fraud in 2023
The elderly were the most vulnerable, and crypto ATMs have a variety of illicit uses, the report found.
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UK Parliament could summon Elon Musk over X operations
Labour MP Dawn Butler wants Musk to discuss the operations of his social media network X and its role in spreading misinformation.