A Hong Kong official believes that a government-backed stablecoin would serve as a better entry point to Web3 compared to private stablecoins.

A Hong Kong official believes that a government-backed stablecoin would serve as a better entry point to Web3 compared to private stablecoins.
The hacker had demanded $200,000 to return the breached data back in December but warned that if their conditions are not fulfilled, they will release the data for free.
The SEC wants to see more information included in the $1.022 billion deal between Binance’s U.S. arm and Voyager Digital before it agrees to the acquisition.
Officials reportedly told a bankrup judge they were in the process of seizing 56 million shares of Robinhood tied to FTX and its former CEO Sam Bankman-Fried.
Screen actors and sports stars copped most of the backlash for 2022’s crypto endorsements, while soccer legends appear to have gotten away with it.
With no leadership elected to the House of Representatives, efforts to address fraud allegations at FTX or legislate crypto may be delayed indefinitely.
While regulations were once seen as hurdles to crypto adoption, they are now perceived as the fastest way to attain global mainstream adoption.
Regulators stated that the company had a backlog of 100,000 alerts about potential suspicious customer transactions.
The United Kingdom’s top crime agency is looking to hire a crypto investigator with experience of identifying and recovering seed phrases.
After tasking multiple committees over the years, the Israeli Authority is ready for public comment on its proposal of crypto legal framework
The platform comes as a part of the plan to shift the regulatory oversight from the commodities agency to the securities authority.
United States Attorney Damian Williams said the office is working “around the clock” to respond to the implosion of FTX.
The Fed, FDIC and OCC teamed up to wish the banks they regulate a FUD-filled new year with a warning about the risks associated with crypto assets and their efforts to contain those risks.
Brown Rudnick has worked for the country since March, but the nation's potentially increasing role in the case requires it to register in the United States as a foreign agent.
The former FTX CEO faces eight criminal counts in the United States which could result in 115 years in jail should he be convicted.
David Chaum explained his game plan to create a CBDC that would also be appreciated by the crypto ecosystem in an exclusive interview.
Two unidentified parties are planning to act as sureties for Sam Bankman-Fried's bail, and his legal team wants to ensure they stay that way.
MicroStrategy’s recent sale of a portion of its Bitcoin treasury holdings puts cryptocurrency tax-loss harvesting into the spotlight.
