IBM has introduced a new solution called IBM Hyper Protect Offline Signing Orchestrator (OSO) to enhance the security and efficiency of digital asset transactions, including cryptocurrencies. This offering aims to address vulnerabilities in current cold storage systems that store digital assets offline. Cold storage solutions often involve manual processes to authorize transactions, which can increase […]
IBM has introduced a new solution called IBM Hyper Protect Offline Signing Orchestrator (OSO) to enhance the security and efficiency of digital asset transactions, including cryptocurrencies. This offering aims to address vulnerabilities in current cold storage systems that store digital assets offline. Cold storage solutions often involve manual processes to authorize transactions, which can increase […]
Hong Kong’s Securities and Futures Commission (SFC) has taken action against two cryptocurrency websites, HongKongDAO and BitCuped, for regulatory violations. The SFC has blocked access to these websites and issued cease and desist letters to the operators. The websites were still accessible outside of Hong Kong at the time of the notice.The SFC specifically mentioned […]
Hong Kong’s Securities and Futures Commission (SFC) has taken action against two cryptocurrency websites, HongKongDAO and BitCuped, for regulatory violations. The SFC has blocked access to these websites and issued cease and desist letters to the operators. The websites were still accessible outside of Hong Kong at the time of the notice.The SFC specifically mentioned […]
Anatoly Legkodymov, co-founder and former CEO of cryptocurrency exchange Bitzlato, has pleaded guilty to operating an unlicensed money services business. In court, Legkodymov agreed to dissolve Bitzlato and forfeit $23 million in cryptocurrency. The exchange was allegedly used by criminals due to lax controls over illicit money transactions.Legkodymov was arrested in Miami during an international […]
Anatoly Legkodymov, co-founder and former CEO of cryptocurrency exchange Bitzlato, has pleaded guilty to operating an unlicensed money services business. In court, Legkodymov agreed to dissolve Bitzlato and forfeit $23 million in cryptocurrency. The exchange was allegedly used by criminals due to lax controls over illicit money transactions.Legkodymov was arrested in Miami during an international […]
Cryptocurrency exchange Binance has announced that it will compensate users who were impacted by a recent price deviation in the Anchored Coins EUR (AEUR) stablecoin. The value of AEUR surged nearly 200% after it was listed on the platform, prompting Binance to suspend trading for the asset’s four trading pairs. Binance attributed the price deviation […]
Cryptocurrency exchange Binance has announced that it will compensate users who were impacted by a recent price deviation in the Anchored Coins EUR (AEUR) stablecoin. The value of AEUR surged nearly 200% after it was listed on the platform, prompting Binance to suspend trading for the asset’s four trading pairs. Binance attributed the price deviation […]
Hong Kong’s Securities and Futures Commission (SFC) has banned two cryptocurrency websites, HongKongDAO and BitCuped, for allegedly scamming investors. The SFC took action after receiving information that the platforms were misleading users. HongKongDAO was found to have deceived users into purchasing a token called “HKD” and falsely claimed to have applied for licenses from the […]
Hong Kong’s Securities and Futures Commission (SFC) has banned two cryptocurrency websites, HongKongDAO and BitCuped, for allegedly scamming investors. The SFC took action after receiving information that the platforms were misleading users. HongKongDAO was found to have deceived users into purchasing a token called “HKD” and falsely claimed to have applied for licenses from the […]
