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Crypto Briefing

  • CoinList pays $1.2M to OFAC for Ukraine sanction breaches

    CoinList pays $1.2M to OFAC for Ukraine sanction breaches

    CoinList Settles with OFAC for $1.2 Million Over Sanctions Violations in Crimea, a move reflecting scrutiny in the cryptocurrency industry.

    News

  • UBS, Santander and other Euro Banks team up with Fnality to use blockchain for payments

    UBS, Santander and other Euro Banks team up with Fnality to use blockchain for payments

    Fnality a company focused on DLT payment systems, has successfully initiated the first phase of its Sterling Fnality Payment System (£FnPS).

    News

  • Ex-Amazon dev pleads guilty to Nirvana Finance hack, agrees to pay $12 million

    Ex-Amazon dev pleads guilty to Nirvana Finance hack, agrees to pay $12 million

    Shakeeb Ahmed, a former software security engineer at Amazon, awaits sentencing on March 13, 2024, facing a maximum of five years in prison.

    Hacks

  • Galaxy Digital plans to launch Euro stablecoin with DWS and Flow Traders

    Galaxy Digital plans to launch Euro stablecoin with DWS and Flow Traders

    AllUnity is set to accelerate the mass market adoption of digital assets with a fully collateralized EUR-denominated stablecoin.

    News

  • FASB issues crypto accounting rules, setting a new standard

    FASB issues crypto accounting rules, setting a new standard

    FASB's new rules mandate fair value measurement of crypto assets each reporting period, enhancing transparency in financial reporting.

    News

  • Ledger resolves security flaw affecting dApps, $500k in user losses

    Ledger resolves security flaw affecting dApps, $500k in user losses

    The hardware wallet manufacturer traces the exploit's origins to a phishing attack targeting a former employee.

    News

  • Philippines SEC prepares to ban Binance in three months

    Philippines SEC prepares to ban Binance in three months

    The financial regulator will ban and block the crypto exchange by late February if it does not comply by registering for a VASP license.

    Regulation

  • Bitcoin will break $80,000 in 2024, Bitwise predicts

    Bitcoin will break $80,000 in 2024, Bitwise predicts

    From Bitcoin's all-time high to the rise of stablecoins and Ethereum's market volume.

    News