According to the Korea Customs Service report, the value of unlawful foreign exchange transactions made using virtual currency was estimated to be worth $4 billion last year.
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While TradFi is the main source of demand for blockchain tech, digital identity and supply chain are exciting areas too, according to Google Cloud Head of Web3 James Tromans.
The HKMA said that funds placed on unlicensed “crypto banks” are not protected by the region’s deposit protection scheme.
The HKMA said that funds placed on unlicensed "crypto banks" are not protected by the region's deposit protection scheme.
Base surpassed other layer-2 networks like Optimism and Arbitrum in terms of daily transactions but still lagged behind Polygon and BSC.
Paxos’ $500K Bitcoin fee, FTX tokens sales set to begin and other news: Hodler’s Digest, Sept. 10-16
Paxos makes a mistake, pays $500k in Bitcoin transfer; FTX receives court approval for token sales, and Gemini Earn users receive plan for fund recovery.
During a panel moderated by Cointelegraph editor-in-chief Kristina Lucrezia Cornèr at Swiss Web3 Fest, industry experts provided insights into how tokenization is enabling solutions never seen before.
Brushfam founder Markian Ivanichok claimed that the Polkadot ecosystem "doesn't care about users" and expressed frustration on the governance process.
3LAU noted that there risks were necessarily high, but that he has a “responsibility” to avoid any regulatory gray areas.
Mark Cuban confirmed that he was hacked, but doesn’t appear to know exactly how it happened as of yet.
Despite Brian Shroder resigning as CEO of the exchange’s US wing amid SEC and CFTC lawsuits, Binance CEO Changpeng Zhao claimed that the departure was normal.
Holešky testnet has a 1.6-billion ETH supply at launch, making it potentially more accessible than the older Goerli network.
According to local media, Nikkei.com, this updated system is specifically applicable to a category of funds known as Investment Business Limited Partnerships (LPS).
Bitcoin explorer Mempool shared blockchain data that confirmed the funds were sent back on Sept. 15.
Germany's blockchain sector saw a total of $355 million in venture capital funding across 34 deals, which is a 3% year-on-year increase.
Deaton is known for his active engagements in legal proceedings and discussions surrounding cryptocurrency regulations and legal actions.
SEC said in a court filing that Binance.US has produced only 220 documents during the discovery process many of which were “unintelligible screenshots and documents without dates or signatures.”
One of ANZ’s banking executives, Nigel Dobson said the bank sees “real value” in tokenizing real-world assets on-chain like the Aussie dollar.
Crypto games have garnered a bad reputation among traditional gamers, but the future of Web3 games and blockchain-based worlds is far from over, says Nolan Bushnell.