Protection – DIGIT INFO

Coinbase Shares Tips to Protect From Crypto Scams

DIGIT — Thu, 29 Aug 2024 01:30:45 +0000

Crypto exchange Coinbase supports the Australian government’s Scams Awareness Week, emphasizing the importance of consumer education to combat fraud. Coinbase APAC’s managing director offered tips for investors to protect themselves from scams, such as verifying URLs and using two-factor authentication. “Unfortunately, bad actors have been around for centuries and are not going away anytime soon,” […]

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How to protect intellectual property in Web3

DIGIT — Sat, 01 Jun 2024 08:25:00 +0000

Delve into Web3 IP protection basics and utilize strategies for safeguarding your intellectual property.

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Crypto custodian Prime Trust files for Chapter 11 bankruptcy

DIGIT — Tue, 15 Aug 2023 01:55:49 +0000

The crypto custodian’s bankruptcy comes as it’s been unable to honor customer withdrawals for months.

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Hong Kong Judge Rules Crypto Assets as ‘Property,’ Following Similar Rulings Worldwide

DIGIT — Wed, 19 Apr 2023 22:20:03 +0000

In a court case linked to the now-defunct crypto exchange Gatecoin, a Hong Kong judge has ruled that cryptocurrencies are “property” which is “capable of being held on trust.” According to the law firm Hogan Lovells, this case should provide greater clarity to insolvency practitioners and other common law jurisdictions. Hong Kong Judge Designates Crypto […]

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Snoop Dogg Sports Blinged-Out Crypto Hardware Wallet at Wrestlemania 39

DIGIT — Fri, 07 Apr 2023 20:45:03 +0000

Four days ago, the American rapper, entrepreneur, and owner of Death Row Records, Snoop Dogg, hosted WWE’s annual event, Wrestlemania 39, in Hollywood. The rap star was spotted wearing a gold and black diamond Ledger Nano X around his neck on a gold chain. Over the last year, Snoop has been one of several hip-hop […]

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UBS Considers Acquiring Credit Suisse, Requests Government Backstop in Deal

DIGIT — Sun, 19 Mar 2023 00:35:04 +0000

After Credit Suisse Group AG announced it would borrow 50 billion Swiss francs from the Swiss National Bank, UBS Group AG is reportedly considering acquiring the banking giant. However, UBS is requesting that the government issue a backstop to protect against any losses if it purchases Credit Suisse. According to unnamed sources familiar with the […]

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FTX’s $5.5 Billion in Alleged ‘Liquid Assets’ Includes Locked SOL Cache and Illiquid FTT Holdings

DIGIT — Thu, 19 Jan 2023 17:30:50 +0000

Two days ago, bankruptcy administrators and FTX debtors published an update for unsecured creditors claiming the discovery of $5.5 billion in liquid assets. Roughly $3.5 billion of these funds are cryptocurrency assets, with 11 different digital currencies classified as “liquid assets.” However, two of the firm’s top cryptocurrency caches are not liquid as the company’s […]

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Popularity of Crypto Investments Makes Case for Regulations, Australian Securities Watchdog Says

DIGIT — Fri, 12 Aug 2022 11:30:38 +0000

High rates of crypto ownership, with purchases often made on advice from Youtube and Facebook, make “a strong case for regulation,” according to the Australian Securities and Investments Commission. The watchdog backs its stance with poll results showing nearly half of retail investors in Australia keep one coin or another. Australian Securities Regulator Pushes for […]

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Singapore High Court Grants Crypto Lender Vauld Temporary Protection From Creditors

DIGIT — Wed, 03 Aug 2022 04:00:43 +0000

Singapore-based Vauld will have some breathing space after the country’s High Court gave its parent company creditor protection for the next three months. The decision comes as the troubled crypto lending platform seeks acquisition by rival Nexo. Vauld to Have 3 Months for Restructuring, Due Diligence by Nexo The Singapore High Court has granted the […]

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Competition and Hype Drive Young Crypto Investors, UK Watchdog Finds

DIGIT — Thu, 21 Oct 2021 08:00:53 +0000

A sizable majority of young investors seeking high-risk opportunities are motivated by competition and hype, a new survey has indicated. They often turn to cryptocurrency and forex products, according to the poll conducted by the U.K.’s financial regulator. FCA Launches ‘Investsmart’ Campaign Targeting Risk Prone Investors The U.K.’s Financial Conduct Authority (FCA) has carried out […]

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