Upbit Hack Echoes Past Exchange Vulnerabilities in $37M Heist
In a sobering reminder of the crypto industry’s security risks, South Korea’s largest exchange, Upbit, has been hacked for $37 million.
In a sobering reminder of the crypto industry’s security risks, South Korea’s largest exchange, Upbit, has been hacked for $37 million.
The World Federation of Exchanges has urged the regulator not to grant special exemptions that would let crypto companies sell tokenized stocks without being registered broker-dealers.
The rules of the game are changing for crypto in Australia.
South Africa’s central bank has issued a stark warning, declaring the country’s burgeoning crypto market a risk to financial stability.
MoonPay is set to launch crypto custody and over-the-counter trading services for New York clients after being granted a state trust charter.
The Bitwise Dogecoin ETF, ticker symbol BWOW, has been certified for listing by NYSE Arca and could start trading as soon as Wednesday.
By convincingly framing its token as a tool for network participation rather than a speculative asset, the Solana-based project Fuse has secured a critical no-action letter from the SEC.

"A purely peer-to-peer version of electronic cash would allow online
payments to be sent directly from one party to another without going through a
financial institution." - Satoshi Nakamoto (Bitcoin White Paper)
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