Jump Crypto & Oasis.app counter exploits Wormhole hacker for $225M
The counter exploit came after the High Court of England and Wales ordered Oasis.app to work with Jump Crypto to retrieve the stolen funds....
US Indicts Four Co-Founders of $340M Forsage Ponzi Scheme
<p>The United States authorities have charged four co-founders of the cryptocurrency <a href=”https://www.financemagnates.com/terms/p/ponzi-scheme/” class=”terms__main-term” id=”43e13ed7-9295-4761-824f-9d9c98eb15a5″ target=”_blank”>Ponzi scheme</a> Forsage, which raised around $340 million by running...
Canada Gives 30-Day Registration Ultimatum to Crypto Exchanges
<p>On Wednesday, the Canadian Securities Administrators (CSA) published a notice with enhanced regulatory guidelines around “investor protection commitments” for <a href=”https://www.financemagnates.com/terms/c/cryptocurrencies/” class=”terms__main-term” id=”b091101e-6e02-4b36-aa0e-7c972dfdd6ed” target=”_blank”>cryptocurrencies</a>, mandating...
Bitcoin vs. Altcoins: Comparing Investment Opportunities and Risks
<p>Cryptocurrencies have grown in popularity as an investment option in recent years. Although Bitcoin is the most well-known cryptocurrency, there are numerous other digital currencies...
FTX Japan Resumes Withdrawals in Fiat and Crypto
<p>FTX Japan, the Japanese subsidiary of the fallen crypto exchange <a href=”https://www.financemagnates.com/cryptocurrency/ftx-the-rise-the-fall-and-the-reaction/” target=”_blank” rel=”follow”>FTX</a>, resumed withdrawals of customer holdings on Tuesday at noon (Japan Standard...
Hong Kong and Singapore: Open to Crypto
<p>Hostile moves by US regulators towards the crypto industry tend to dominate the headlines, which can sometimes lead people to overlook the fact that crypto...
DZ Bank Counts on Metaco to Offer Crypto Assets Custody
<p>DZ Bank, one of the largest German banks in terms of held assets, has announced its newest partnership with Metaco, a digital assets <a href=”https://www.financemagnates.com/terms/t/technology-provider/”...
IMF Doesn’t Want Bitcoin in the Bowels of Financial System
<p>The International Monetary Fund (IMF) published a nine point-action plan discussing policies around crypto assets and recommending countries not to give them legal tender status.</p><p>IMF...
Crypto Wallet Security and Best Practices
<p>Crypto wallets are tools for storing, managing, and transferring cryptocurrencies like Bitcoin, Ethereum, and Litecoin. While cryptocurrency wallets provide a convenient and secure method of...
Huobi to Launch Huobi Hong Kong Crypto Exchange amid Regulatory Update
<p>Huobi, a major crypto <a href=”https://www.financemagnates.com/terms/e/exchange/” class=”terms__main-term” id=”b5da6e64-2afe-421d-9b81-16404b7d59d6″ target=”_blank”>exchange</a> founded in China, has revealed its plans to obtain regulatory approval in Hong Kong to provide...