Is South Korea Equipped to Combat Crypto Crime?
In connection with criminal investigations, South Korea has so far confiscated nearly $1.5 million in cryptocurrency. North Korea is a world record holder when it comes to crimes associated with…
Berlin-Based Crypto Exchange, Nuri Shuts Down
Nuri the crypto exchange previously known as Bitwala has closed its business after struggling to find investors. The Berlin-based exchange with over 500,000 customers filed for insolvency in August. German crypto financial…
Grayscale vs SEC: Coinbase Backs up Grayscale’s ETF
The crypto exchange empire, Coinbase filed an amicus brief in support of Grayscale in its lawsuit with the SEC. Grayscale called the SEC’s decision to reject the conversion of its…
The Future of Web3 and Metaverse Does Not Evolve Around Facebook
Meta fell short of building the future of online social experiences and not giving its users the best. The future of the internet is a collaborative effort of many different…
Asset Regulation Bill, (MICA) is Put to Law by the EU
The European Council, Commission, and Parliament have finally come to an agreement for MICA’s implementation. Europe’s top securities regulator has warned that soaring inflation may drive retail investors into risky…
XRPL Sidechain is Compatible with Ethereum Smart Contracts: Will XRP Surge?
The Ethereum Virtual Machine Sidechain is now live on the XRP Devnet allowing developers to choose between Ethereum (ETH) and Ripple (XRP) blockchains. Ripple has also introduced an EVM-compatible chain…
Three Arrows Capital Gets Jumbled up With the SEC and CFTC
The SEC and the CFTC are fully hands-on, in an investigation of the failed hedge fund Three Arrows Capital (3AC). The bankruptcy became popular when Bitcoin (BTC) and Ethereum (ETH)…
“Trading Strategy”or Hack? Mango’s Pirate Eisenberg Turns Himself in
On Tuesday, Solana-based trading platform, Mango Markets was hacked and $100 million in funds were taken. Avraham Eisenberg, the mastermind of the exploit turns himself in, “what I did was…
Polkadot’s Development Activity Lands on High Ground with Network Upgrade Yet to Come
14,930 developers’ contributions were recorded on Polkadot’s GitHub in the month of September. Polkadot’s founder Rob Habermeier published a roadmap outlining a series of new in-development features in the network.…
Interim Stop Placed on Holon Funds by Aussie Regulator
Sidney-based crypto funds, Holon Investments is suspended due to non-compliant target market determinations (TMDs). The suspension applies to Holons Bitcoin, Ethereum, and Filecoin funds. Holon investments are suspended for 21…
