Binance’s Law Enforcement Portal Breached, Access Sold on Dark Web

A hacker going by the name “Miembro” has recently posted on Breach Forums, offering to sell access to Binance’s law enforcement request panel for $10,000 in Bitcoin or Monero. This access supposedly provides private access exclusively used by law enforcement, allowing unlimited requests to be answered within three to seven days.The hacker claims that inquiries […]

Alchemy Pay Partners with Worldpay to Enable Cryptocurrency Purchases with Credit and Debit Cards

Singaporean fintech firm Alchemy Pay has announced a partnership with UK-based payment processor Worldpay. This collaboration will allow Alchemy Pay users to access Worldpay’s Visa and Mastercard payment rails for purchasing cryptocurrencies using their credit and debit cards.Alchemy Pay aims to facilitate seamless cryptocurrency transactions worldwide, and this partnership with Worldpay will enhance their ability […]

Hex Trust Integrates MetaMask Institutional to Enhance DeFi Access and Security

Hex Trust, an institutional-grade digital asset custodian, has integrated MetaMask Institutional (MMI) into its platform to provide users with direct access to over 17,000 decentralized finance (DeFi) applications. This integration aims to simplify DeFi portfolio management for clients while ensuring compliance with regulatory standards.MMI offers various advanced features, including comprehensive portfolio management, robust transaction reporting […]

Major Financial Firms Accelerate Blockchain Adoption in Traditional Finance

Major financial firms such as JPMorgan and HSBC are increasing their involvement in blockchain technology, signaling a growing acceptance of distributed ledger technology (DLT) in traditional finance. In November, both JPMorgan and HSBC made significant moves in the blockchain space.JPMorgan executed its first decentralized finance (DeFi) trade on a public blockchain on November 3, demonstrating […]

Coinbase Expands Services in Singapore with USD Transfers via SWIFT

Crypto exchange Coinbase has expanded its services in Singapore by announcing support for USD transfers. Retail customers in Singapore can now deposit or withdraw USD using their Coinbase accounts through the SWIFT network. This move is part of Coinbase’s plan to increase its presence in the Singapore market.With the introduction of commission-free trading for US […]

Coinbase Expands Services in Singapore with Support for USD Transfers

Crypto exchange Coinbase has expanded its services in Singapore by announcing support for USD transfers. Retail customers in Singapore can now deposit or withdraw USD using their Coinbase accounts through the SWIFT network. This move is part of Coinbase’s plan to increase its presence in the Singapore market.With the introduction of commission-free trading for US […]

Web3 Venture Builder and Charity Collaborate to Revolutionize Charitable Giving

BlockDown Festival, in collaboration with BlockShow, is set to bring a Web3 event to Hong Kong in May 2024. The conference, supported by Cointelegraph, will take place at Cyberport, a renowned venue for Web3 companies. The event aims to create a Web3 city with various exhibition spaces, meeting zones, and open-air areas.BlockShow has a history […]

Improvements in Swiss Banking Services for Retirees Abroad

Retirees considering a move abroad should take several factors into account. Firstly, it is crucial to research the entry and residency requirements of different countries, as these can vary significantly. Some countries may be more hesitant to grant long-term residency permits to foreign retirees, although investing in the country can improve prospects. It is essential […]

South Korea Exempts NFTs and CBDCs from Crypto Interest Regulation

South Korea has exempted non-fungible tokens (NFTs) and central bank digital currencies (CBDCs) from the crypto interest mandate. The Financial Services Commission (FSC) has released a notification stating that investors in digital assets must receive interest when depositing their cash into an exchange by July 2024. The regulator has also classified virtual assets and established […]

IMF Chief Calls for Crypto Regulations to Safeguard Financial Stability

The head of the International Monetary Fund (IMF) has called for regulations on cryptocurrencies, citing the risks they pose to financial stability. Speaking at a conference in Seoul, IMF Managing Director Kristalina Georgieva emphasized the need to address the risks associated with crypto assets, noting their increasing popularity and adoption in emerging market economies. Georgieva […]