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Once again, here is the latest major data from the crypto world. Today we have another weirdness from the U.S. Securities and Exchange Commission (SEC), some hacking news, and new achievements (good and not-so-good).
SEC calls the FTT token of bankrupt crypto exchange FTX a “security.”
Here is what Miles Deutscher – crypto analyst and investor – thinks about it:
For the first in the world, the Republic of the Marshall Islands passed the Decentralized Autonomous Organizations (DAO) Act of 2022, which legally recognizes DAOs and allows legal entities to formally adopt DAO structures and governance tools.
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North Korean hackers have stolen $1.2 billion in crypto worldwide over the past five years. South Korean experts say the DPRK resorted to this to bolster its fragile economy and finance its nuclear program in the face of UN sanctions. This was reported by local media, citing Seoul’s main spy agency, NIS. More than half of the roughly $1.2 billion in assets stolen since 2017 were stolen this year, with $78 million coming from South Korea.
According to Certik research, a total of more than 500,000 people have become buyers or sellers of fake KYC services. The price of an actor
The next financial crisis could be caused by private cryptocurrencies if these assets are allowed to grow, warned Shaktikanta Das, governor of the Reserve Bank of India. His main concern is that cryptocurrencies have no underlying value, calling them “speculative” and adding that they should be banned.
“It should be prohibited, because if it is allowed to grow…say it’s regulated and allowed to grow…please mark my words that the next financial crisis will come from private cryptocurrencies,” he said.
Das’ comments came at a time when the central bank is seeking to introduce its own digital version of the Indian rupee
Hello, fellow crypto enthusiasts! 👋 As we embark on another week in the ever-evolving crypto…
EigenLayer, a protocol for Ethereum restaking, recently announced an airdrop plan that garnered both praise…
Keonne Rodriguez, a figure linked to the cryptocurrency mixing service Samourai Wallet, has entered a…
The debut of spot crypto exchange-traded funds (ETFs) on the Hong Kong stock market is…
Tether, renowned for its dominant stablecoin USDT, has embarked on a significant investment journey after…
Bitcoin analyst Willy Woo forecasts that the cryptocurrency industry could achieve its first billion users…