Crypto firms vulnerability to CrowdStrike blackout: Analyst insights

Although no major crypto exchange was affected by the CrowdStrike downtime, analysts provided possible impacts in a case where they are.

View Details

Alex Labs rolls out post-exploit recovery plan

Alex Labs has revealed a recovery roadmap and enhanced security measures post-exploit aimed at rebuilding community trust and resuming operations.

View Details

Hong Kong crypto exchange folds to regulatory pressure

Gate.HK plans a major overhaul to comply with regulations and aims to relaunch services after obtaining the necessary licenses.

View Details

Crypto Executives Enhance Security Measures After Series of Abductions: Report

In the wake of recent kidnappings targeting cryptocurrency executives, enhanced security measures are being implemented to ensure safety within the industry. With the growing popularity and value of digital assets, concerns about personal safety have escalated among prominent figures in the crypto space. Individuals and companies involved in the cryptocurrency sector are taking proactive steps [...]

View Details

Recent kidnappings prompt increased security measures for French cryptocurrency entrepreneurs: Report

In light of recent security concerns and attacks targeting French crypto entrepreneurs and their families, additional measures are being implemented to enhance their safety. The growing popularity of cryptocurrencies has brought about an increased risk of cyberattacks and physical threats, prompting authorities to take action to protect those involved in the crypto industry. The French [...]

View Details

Japan to Apply Tougher Crypto AML Regulations, ‘Travel Rule’ in June

Stricter anti-money laundering (AML) measures for the crypto sector in Japan will enter into force next month, local media reported. The new rules were adopted to align the country’s legal framework for cryptocurrencies with global standards in the field. Japan to Enforce Legislation Allowing the Tracing of Crypto Transactions The Cabinet of Japan, the executive

The post Japan to Apply Tougher Crypto AML Regulations, ‘Travel Rule’ in June appeared first on BTC Ethereum Crypto Currency Blog.

View Details

KuCoin Twitter Hack Leads to Loss of Funds

KuCoin's official Twitter account was hacked, leading to users losing their funds in a fake giveaway event. The exchange pledged to reimburse the victims and improve security measures to prevent similar incidents. This incident highlights the growing trend of hackers taking over official Twitter accounts of crypto exchanges and NFT projects to promote scams. (Read More)

View Details

China doles out millions in digital yuan in bid to boost adoption: Report

Multiple Chinese city governments have given away millions worth of e-CNY to try to promote consumption around the holiday season.

View Details

Manitoba Halts New Crypto Mining Projects Due to Expected High Energy Demand

Authorities in Manitoba are temporarily suspending the connection of new crypto mining facilities to the power grid. The Canadian province, which relies heavily on hydroelectric generation and attracts miners with low electricity rates, fears it may face overwhelming energy demand. Manitoba Suspends New Crypto Mining Operations Citing Possible Increase in Electricity Usage The government of

The post Manitoba Halts New Crypto Mining Projects Due to Expected High Energy Demand appeared first on BTC Ethereum Crypto Currency Blog.

View Details

Swiss regulators consider UBS takeover of Credit Suisse to prevent collapse

Swiss regulators are reportedly considering emergency measures to accelerate the acquisition of Credit Suisse by UBS, Switzerland's largest bank. The Swiss National Bank and the Swiss Financial Market Supervisory Authority believe that the acquisition is the only way to prevent a collapse in confidence in Credit Suisse following a series of financial scandals. (Read More)

View Details

Switzerland preparing emergency measures for UBS’ takeover of Credit Suisse: Report

The Swiss National Bank (SNB) and Switzerland’s financial regulator reportedly believe that the acquisition of investment bank Credit Suisse by UBS, Switzerland’s largest bank, is the “only option” to prevent a “collapse in confidence” in Credit Suisse. According to a March 18 Financial Times report citing three people familiar with the situation, Switzerland is preparing [...]

The post Switzerland preparing emergency measures for UBS’ takeover of Credit Suisse: Report appeared first on Crypto Breaking News.

View Details

ECB President Lagarde Warns of ‘Major Disaster’ If US Defaults on Debt Obligations

There is a lot of discussion lately about the U.S. government’s debt ceiling and whether Congress will act before defaulting. In a recent interview, Christine Lagarde, the president of the European Central Bank (ECB), said she is confident the U.S. can maintain its debt obligations. However, she warned that if the U.S. were to default [...]

The post ECB President Lagarde Warns of ‘Major Disaster’ If US Defaults on Debt Obligations appeared first on Crypto Breaking News.

View Details

Google Trends Data Shows Bitcoin Search Interest Surged This Week Amid 10-Month Price High

According to worldwide data from Google Trends, the search term “bitcoin” has reached a score of 93 out of 100 in the last seven days. Additionally, the price of bitcoin rose above the $30,000 range for the first time in ten months, or since June 2022. Bitcoin Search Interest Rises as Leading Crypto Asset Taps [...]

The post Google Trends Data Shows Bitcoin Search Interest Surged This Week Amid 10-Month Price High appeared first on Crypto Breaking News.

View Details

EU regulator sets restrictive measure guidelines for crypto providers

Crypto-asset service providers that carry out transfers must choose a screening system that allows them to comply with the EU's restrictive measures regimes.

View Details

Samourai Wallet Response To FinCEN Proposed Rules For Bitcoin Mixing

Last year FinCEN drafted a rule proposal for mixing services that was so broad, insane doesn't quite cover the degree of overstepping it was. Samourai Wallet has drafted a response to their proposal.

View Details

Deflecting Blame — Bank of England Governor Bailey Accuses UK Retailers of Overcharging Customers

After the Covid-19 pandemic, many people believe the implementation of extensive stimulus measures and quantitative easing (QE) policies resulted in an overwhelming surge of inflation that has burdened millions across the globe. While certain individuals attribute this economic turmoil to the actions of central banks, Andrew Bailey, the governor of the Bank of England, firmly [...]

The post Deflecting Blame — Bank of England Governor Bailey Accuses UK Retailers of Overcharging Customers appeared first on Crypto Breaking News.

View Details

Janet Yellen Urges Congress to Enact Stricter Regulations for Crypto Industry Amid SEC Shakedown

In a recent statement, former U.S. Federal Reserve chair and current Treasury secretary, Janet Yellen, expressed her desire for Congress to enact more regulatory measures concerning the cryptocurrency industry. Yellen cited Treasury reports on cryptocurrencies that have pinpointed various risks linked to the fast-growing sector. Yellen Sees ‘Holes in the System Where Additional Regulation Would [...]

The post Janet Yellen Urges Congress to Enact Stricter Regulations for Crypto Industry Amid SEC Shakedown appeared first on Crypto Breaking News.

View Details

SEC Seeks Court Approval to Freeze Binance US Crypto Assets, Citing Customer Safety Concerns

Seeking court approval, the U.S. Securities and Exchange Commission (SEC) is actively pursuing a measure to freeze cryptocurrency assets linked to Binance US. In order to to “ensure the safety of customer assets,” the securities regulator deems this action as an urgent necessity. SEC Files Emergency Motion to Freeze Assets Held by BAM Management US [...]

The post SEC Seeks Court Approval to Freeze Binance US Crypto Assets, Citing Customer Safety Concerns appeared first on Crypto Breaking News.

View Details

Saudi Arabia and OPEC Reveal Surprise Oil Production Cut; White House Insists Cuts Aren’t Advisable Right Now

On Sunday, Saudi Arabia and several major oil producers announced their plan to cut oil production by 1.15 million barrels per day, starting in May and continuing until the end of 2023. According to the Saudi Energy Ministry, the move was coordinated with some members of the Organization of the Petroleum Exporting Countries (OPEC) and [...]

The post Saudi Arabia and OPEC Reveal Surprise Oil Production Cut; White House Insists Cuts Aren’t Advisable Right Now appeared first on Crypto Breaking News.

View Details