Bitget relaunches UK platform after compliance update with FCA rules
Bitget’s app relaunch in the UK comes a few months after the exchange restricted its website in the UK in accordance with the Financial Promotions regime in May 2024. Go to Source
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Fake Ledger Live app sneaks into Microsoft’s app store, $588K stolen
The $588,000 was stolen across 38 transactions, with the largest transfer totaling $81,200. Go to Source
Cricket World Cup to feature Web3 fan app as ICC taps into Near blockchain
The International Cricket Council will leverage Near’s Blockchain Operating System to power a Web3 fan engagement app during the 2023 Cricket World Cup in India. Go to Source
Shared Web3 userbase could power new social app integrations – Aave CEO
Web3 social layer Lens Protocol aims to power seamless connectivity of applications across blockchain and non-blockchain platforms. Go to Source Powered by WPeMatico
China’s Wechat Adds Support for Digital Yuan Payments
Chinese social media platform Wechat has introduced support for the state-backed digital yuan in its popular payment app. Over a billion users will now ostensibly be able to take advantage of fast payments with the digital currency issued by the People’s Bank of China. Wechat Pay Follows Alipay in Integrating Payments With Digital Yuan The … Read more
US Federal Reserve denies Custodia Bank’s request for Fed supervision
The Federal Reserve Board has denied the request from crypto-focused Custodia Bank to reconsider its membership to the Federal Reserve System. Go to Source Powered by WPeMatico
Crypto Bank Custodia Denied Membership in US Federal Reserve System
The U.S. Federal Reserve Board has rejected the attempt of Custodia Bank to become member of the Federal Reserve System. According to the decision announced Friday, the application submitted by the digital asset bank is inconsistent with legal requirements. Federal Reserve Board Says Business Model Proposed by Custodia Bank Presents Risks Crypto bank Custodia has … Read more
UK’s FCA hints at why its given only 15% of crypto firms the regulatory nod
The UK financial watchdog has received 300 crypto firm registration applications but has approved only 41 applicants. Go to Source Powered by WPeMatico
Ethereum Could Benefit From Stealth Addresses Implementation, Says Vitalik Buterin
Ethereum co-founder Vitalik Buterin published a research post that suggests using stealth addresses to enhance privacy-preserving transfers. Buterin detailed that stealth addresses can be implemented fairly quickly today on Ethereum and would significantly boost user privacy on the blockchain network. Buterin Suggests Stealth Addresses as a Solution to the Privacy Challenges in Ethereum Ecosystem Three … Read more
SBF reportedly files new bail application in the Bahamas Supreme Court
Bahamas media reports that Sam Bankman-Fried lodged a new bid for bail just two days after a judge denied his previous application and called the FTX founder a flight risk. Go to Source Powered by WPeMatico
