Major South Korean Bank Joins the Crypto Custody Business
We’re suddenly seeing banks lining up to support crypto custody, and KB Kookmin Bank is looking to get in on the action. Go to Source Powered by WPeMatico
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California’s Attorney General Warns People to Be Wary of Crypto Scams
California authorities recently came out with a fresh cautionary statement on crypto crime. Go to Source Powered by WPeMatico
FINRA: An Unnecessary, Unqualified Digital Asset Regulator
The Financial Industry Regulatory Authority’s new request for digital assets activities adds more confusion to the regulatory environment. Go to Source Powered by WPeMatico
North Korea Reportedly Using Altcoins to Convert $1.5B in Stolen Funds to Cash
North Korean hackers are reportedly using untraceable altcoins to convert stolen cryptocurrencies into cash. Go to Source Powered by WPeMatico
‘Crypto Mom’ SEC Commissioner Hester Pierce Voted in Until 2025
Pierce’s successful confirmation was announced on Aug. 6 in a statement from SEC Chairman Jay Clayton and fellow Commissioners. Go to Source Powered by WPeMatico
Ransomware Threatens Production of 300 Ventilators Per Day
The DoppelPaymer gang deployed a ransomware attack against ventilator manufacturer Boyce Technologies amid the COVID-19 pandemic. Go to Source Powered by WPeMatico
Nigerian Crypto Activity Has Been On the Rise Since April
Nigeria outperformed the rest of the world by the level of interest in Bitcoin over recent months. Go to Source Powered by WPeMatico
Someone Transferred a Billion Dollars in Bitcoin for Less Than $5
An unknown Bitcoin wallet paid a mere $4 to transfer over $1 billion. Go to Source Powered by WPeMatico
Kazakhstan May Tax Crypto Mining At a Flat-Rate of 15%
Kazakhstan’s Ministry of the Economy wants to tax crypto mining in an effort to deal with the COVID-19 pandemic. Go to Source Powered by WPeMatico
Funding Rate of Digital Assets: How to Avoid Being Misled
The funding rate is an essential mechanism to allow derivative instruments to track the spot price of their underlying asset. Go to Source Powered by WPeMatico