The J5 generates significant leads through events, which, in the past, has helped uncover multi-million-dollar crypto Ponzi schemes such as the BitClub Network.
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‘We were worried about ecosystem startups' — Solana CEO on FTX collapse
Solana co-founder Anatoly Yakovenko reflects on the fallout of FTX's failure and its initial impact on Solana ecosystem builders.
SEC seeks summary judgment in Do Kwon and Terraform Labs case
The “evidence” of violations provided by the SEC points to Kwon’s involvement in misleading crypto investors by creating and marketing Terra and its in-house Terra (LUNA) tokens as securities.
SEC seeks summary judgment in Do Kwon and Terraform Labs case
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The United States Securities and Exchange Commission (SEC) has refuted the jury’s conclusion regarding Terraform Labs’ alleged violations and has demanded a summary judgment on all the claims.
A court filing from Oct. 27 showed the SEC’s reluctance to accept the jury’s leniency on Do Kwon and his involvement in facilitating the frauds that eventually led to the collapse of Terraform Labs. The filing, directed to the U.S. district court - Southern District of New York, read:
“No rational jury could conclude that Kwon was not liable for Terraform’s violations of Exchange Act Section 10(b) and Rule 10b-5 thereunder pursuant to Exchange Act Section 20(a).”
$308M crypto laundering scheme busted, Hashkey token, Hong Kong CBDC: Asia Express
Hong Kong is one step closer to a central bank digital currency (CBDC) with the release of its successful e-HKD phase 1 results in collaboration with Visa, HSBC, and Hang Seng Bank.
According to the November 1 announcement, Visa said that it achieved “near real-time” finality with transfers involving tokenized deposits of the digital Hong Kong dollar (e-HKD).
“Tokenized deposits were burned on the sending bank’s ledger, minted on the receiving bank’s ledger, and simultaneously settled interbank via the simulated wholesale CBDC layer,” the payments firm wrote.
“This would provide for settlement in an atomic manner with better streamlining of any operational dependencies imposed by financial institutions and other intermediaries, thus improving liquidity management.”
The payment processor also stated that its e-HKD test pilot was functional 24/7, surpassing the uptime of traditional financial systems, which typically don’t function after hours or on weekends. In addition, the firm wrote that “tokenized deposits can be fully transacted while remaining encrypted, without revealing information about identity, balances, or transaction amounts to non-bank users.”
$308M crypto laundering scheme busted, Hashkey token, Hong Kong CBDC: Asia Express
Hong Kong is one step closer to a central bank digital currency (CBDC) with the release of its successful e-HKD phase 1 results in collaboration with Visa, HSBC, and Hang Seng Bank.
According to the November 1 announcement, Visa said that it achieved “near real-time” finality with transfers involving tokenized deposits of the digital Hong Kong dollar (e-HKD).
“Tokenized deposits were burned on the sending bank’s ledger, minted on the receiving bank’s ledger, and simultaneously settled interbank via the simulated wholesale CBDC layer,” the payments firm wrote.
“This would provide for settlement in an atomic manner with better streamlining of any operational dependencies imposed by financial institutions and other intermediaries, thus improving liquidity management.”
The payment processor also stated that its e-HKD test pilot was functional 24/7, surpassing the uptime of traditional financial systems, which typically don’t function after hours or on weekends. In addition, the firm wrote that “tokenized deposits can be fully transacted while remaining encrypted, without revealing information about identity, balances, or transaction amounts to non-bank users.”
$308M crypto laundering scheme busted, Hashkey token, Hong Kong CBDC: Asia Express
Hong Kong is one step closer to a central bank digital currency (CBDC) with the release of its successful e-HKD phase 1 results in collaboration with Visa, HSBC, and Hang Seng Bank.
According to the November 1 announcement, Visa said that it achieved “near real-time” finality with transfers involving tokenized deposits of the digital Hong Kong dollar (e-HKD).
“Tokenized deposits were burned on the sending bank’s ledger, minted on the receiving bank’s ledger, and simultaneously settled interbank via the simulated wholesale CBDC layer,” the payments firm wrote.
“This would provide for settlement in an atomic manner with better streamlining of any operational dependencies imposed by financial institutions and other intermediaries, thus improving liquidity management.”
The payment processor also stated that its e-HKD test pilot was functional 24/7, surpassing the uptime of traditional financial systems, which typically don’t function after hours or on weekends. In addition, the firm wrote that “tokenized deposits can be fully transacted while remaining encrypted, without revealing information about identity, balances, or transaction amounts to non-bank users.”
$308M crypto laundering scheme busted, Hashkey token, Hong Kong CBDC: Asia Express
Asia Express: Ringleaders of $308M P2P crypto laundering scheme jailed in China, Visa’s Hong Kong CBDC trial a success, Hashkey token.
$308M crypto laundering scheme busted, Hashkey token, Hong Kong CBDC: Asia Express
Asia Express: Ringleaders of $308M P2P crypto laundering scheme jailed in China, Visa’s Hong Kong CBDC trial a success, Hashkey token.
$308M crypto laundering scheme busted, Hashkey token, Hong Kong CBDC: Asia Express
Asia Express: Ringleaders of $308M P2P crypto laundering scheme jailed in China, Visa’s Hong Kong CBDC trial a success, Hashkey token.
$308M crypto laundering scheme busted, Hashkey token, Hong Kong CBDC: Asia Express
Asia Express: Ringleaders of $308M P2P crypto laundering scheme jailed in China, Visa’s Hong Kong CBDC trial a success, Hashkey token.
NIST establishes AI Safety Institute Consortium in response to Biden executive order
Documentation from NIST states the consortium will adopt a “broad human-centered focus” with “specific policies.”
Bitcoin price cools off, but ‘You can never have too much Bitcoin, says Saylor
BTC price cooled off after an impressive 30% monthly gain, but MicroStrategy CEO Michael Saylor made the case for why he remains bullish on Bitcoin.
XRP, TON win approval in Dubai International Financial Centre free trade zone
The new tokens join the ranks of BTC, ETH and LTC for use by the 4,000-plus companies located in the zone, which is considering new legal measures as well.
Aragon Association to dissolve, will disburse $155M in assets to token holders
The governing body for the aragonOS DAO-creation tool will wind down, transferring its assets to token holders.
Law professor says blockchain tech could ‘revolutionize’ copyright offices
According to the research, blockchain provides several game-changing benefits for intellectual property licensing and management.
Jury directions begin in Sam Bankman-Fried criminal trial
Jury deliberations are to expected to begin shortly and may last until next Monday.
Jury directions begin in Sam Bankman-Fried criminal trial
Jury deliberations are to expected to begin shortly and may last until next Monday.
FCA releases guidance for compliance with new UK crypto asset promotion rules
The regulator has made a few efforts to help crypto firms comply with the rules that came into force on Oct. 8.
BTC price dips 3.5% as 'overheated' Bitcoin derivatives spark angst
Bitcoin eats away at upside which followed the Federal Reserve interest rate announcement, with BTC price action over $1,000 lower.