UK Issues Warning to List of Crypto Exchanges; Eyes Enforcing Regulations.
Serious repercussions may arise from someone not following the new set of rules. Exchanges are taking the required steps to comply with the laws as the FCA has been firm.…
Ripple Labs Chief Financial Officer Kristina Campbell Resigns
Campbell’s tenure lasted for around 2 years and 7 months at Ripple.She also handled the purchase of Metaco, a supplier of services for crypto assets.Kristina Campbell, the CFO of Ripple…
OpenAI CEO Criticizes US Government’s Approach Towards Cryptocurrencies.
Altman shared his thoughts on cryptocurrency on a podcast with Joe Rogan.The CEO is a vocal opponent of central bank digital currencies (CBDCs). In light of the United States government’s…
Galxe Website Compromised, Balancer Hackers Likely Responsible.
Hackers behind the Balancer attack may be responsible for Galxe’s website security breach. Galxe, a Web3 credential project, instructed users not to interact with the platform following a security breach…
How Solana is Thriving Despite FTX/Alameda-Induced Challenges.
Despite challenges like network halts and the FTX/Alameda saga, the Solana blockchain has shown remarkable resilience and continuous improvements.A Nansen analyst recently published a report diving deep into the Solana…
Hong Kong Increases Crypto Exchange Scrutiny Following JPEX Fiasco
Hong Kong’s securities regulator and police have set up a joint task force to monitor and investigate suspicious activity at cryptocurrency exchanges.The move follows the imbroglio at the JPEX crypto…
Shibarium Blockchain Achieves Remarkable 1 Million Blocks Feat
Shibarium had problems with Ethereum’s bridge and block creation soon after its release. The history of Shibarium is intrinsically linked to its goal of solving scalability problems. Investors have taken…
Web3 Community Platform Galxe Protocol Faces DNS Breach.
ZachXBT, a crypto investigator, found evidence of funds being robbed on Galxe. The website was blocked until the problem was fixed.On the 6th of October, the Galxe website, a Web3…
EU Market Regulator Issues Second Consultation Paper on MiCA Mandates
The ESMA has published a lengthy document requesting feedback on 5 aspects of MiCA. By June 30th, 2024, the regulator will have published a final report based on feedback.On October…
Yuga Labs Announces Layoff Citing Global Economic Circumstances.
CEO Daniel Alegre relayed the news to the team, underlining the move’s need.Yuga Labs’ worldwide staff is preparing for the possibility of structural changes.The creative studio behind Bored Ape Yacht…