Kim Seo-joon’s company Hashed had $3.6 billion wiped since Luna Classic’s April high — with the mental effects of the Terra collapse hospitalizing Seo-joon since July.
Decentral Block Post
Access real-time blockchain and cryptocurrency news updates from around the globe.
Investors are loving SEC's crypto industry crackdown, according to survey
Critics have called out the SEC's "regulation by enforcement" tactics, but to some investors, it's a positive sign they're seeing to invest in digital assets.
Criminal use of crypto an ‘emerging threat’ — Australian police
Law enforcement will need to “continually evolve” in order to keep pace with criminals, Australia’s federal police said.
Wealthy crypto believer and incoming UK PM Rishi Sunak once commissioned a royal NFT
The new leader of the world’s sixth-largest economy is the former chancellor of the exchequer and is said to be richer than King Charles; he is also a firm crypto supporter.
Pan-African crypto exchange Yellow Card wins virtual asset license
Yellow Card CEO said that the Botswana VASP license is the first license for African crypto exchanges established by an African country.
S. Korean watchdog goes after crypto whales to ensure AML compliance
The South Korean regulator noted that popular stablecoins used by the public might become a primary tool for laundering using digital assets.
Japan’s International Payments System will test plastic cards for CBDC
Japan Credit Bureau will develop its CBDC infrastructure in collaboration with IDEMIA and Softspace.
Japan is losing its place as the world's gaming capital because of crypto hostility
From regulation to taxation, Japan has been hostile to cryptocurrency gaming. That stance is threatening the country's position as a global leader in gaming
Amendment to UK financial services bill provides regulation for crypto activities
The bill addressed stablecoin regulation from the start; now the Financial Conduct Authority will be empowered to regulate activities with crypto assets if the amended bill passes.
Uzbeki police get 'how to seize crypto' training from UN security org
Uzbekistan's law enforcers were educated on the topics of blockchain analysis and crypto seizure methods.
Not like China: Hong Kong reportedly wants to legalize crypto trading
Hong Kong’s securities regulator wants to allow retail investors to invest directly in virtual assets and to reconsider current crypto trading requirements.
'Well worth the fight' — Ripple counsel confirms Hinman docs are in their hands
The truth will be shameful and shocking for the SEC according to Ripple boss Brad Garlinghouse.
Put your hands up! Interpol storms into the Metaverse
Interpol’s metaverse is up and running and has been designed to streamline communication between various units, along with providing an avenue to conduct education and training.
US regulator touts to ‘aggressively police' crypto in new report
The Commodity Futures Trading Commission (CFTC) says 20% of its enforcement actions were aimed at the digital assets market in the 2022 fiscal year.
Metaverse casino served emergency cease and desist to halt NFT sales
Explaining the cease and desist orders, the Texas State Securities Board in particular likened Sloties’ NFTs to something that is “similar to stock and other equities.”
Crypto needs to self-regulate before governments crack down
From privacy standards to consumer protection, the cryptocurrency industry needs to better regulate itself before governments crack down.
Acting US FDIC head cautiously optimistic about permissioned stablecoins for payments
Acting Federal Deposit Insurance Corporation chairman Martin Gruenberg said the agency needs more information about crypto, and the crypto industry needs to understand the FDIC better.
SBF: FTX to filter assets it thinks are securities from US listings until registration in place
In a long blogpost full of proposed standards to guide the industry in the absence of regulations, Sam Bankman-Fried says FTX US will not list assets its lawyers think may be securities.