Segantii Capital Management Faces Insider Dealing Charges in First District Court Hearing

Segantii Capital Management and its chief investment officer face insider dealing charges in the First District Court, according to apps.sfc.hk. (Read More)

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SEC Statement: Proof-of-Work Mining Not Considered Securities Dealing

The U.S. Securities and Exchange Commission (SEC) has provided clarification regarding the legal status of Proof of Work (PoW) mining operations. The SEC concluded that PoW activities do not necessarily constitute the issuance of securities and therefore may not fall under the regulatory purview of the SEC. This clarification comes as a relief to many [...]

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Bybit Exploit Marks Biggest Crypto Hack Ever, Dealing a Major Blow to Industry Security

The recent security breach on Bybit is considered the largest crypto hack in history. This exploit has raised concerns about the safety of digital assets and highlights the importance of robust security measures in the cryptocurrency space. Bybit, a popular cryptocurrency exchange platform, fell victim to a sophisticated hack that resulted in the loss of [...]

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Korean Crypto Exchanges Upbit, Bithumb Raided Over Lawmaker’s Crypto Dealings

South Korean prosecutors have raided two of the country’s largest coin trading platforms within an investigation into the crypto investments of a politician. They seized materials from Upbit and Bithumb amid suspicions of wrongdoing related to the lawmaker’s cryptocurrency holdings. South Korean Law Enforcement Authorities Check Records From 3 Crypto Platforms Investigators from the Seoul

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