DWF Labs finds itself under the spotlight once again. Recently, the firm made headlines after depositing a substantial 3 million TOKEN ($322,000) onto the Gate.io platform just 15 hours ago. This move comes after DWF Labs received 120 million TOKEN from the Floki team back on November 1, 2023, when
The Hong Kong Monetary Authority announced the launch of e-CNY wallets for local users in a press release on May 17. The project advocating for Cross-Boundary payments has been in effect since 2019.The e-CNY is a pilot program of China’s experimentation with digital fiat currency payment systems in connection with
Alchemy Pay, announced its collaboration with Victory Securities on May 16. The Singaporean payment gateway, connecting cryptocurrency with fiat currencies, provides services in 173 countries. The collaboration is aimed at enabling investors to access Bitcoin and Ethereum Spot ETFs through the platform, stated Alchemy Pay’s press release. Victory Securities, the
Coinbase, a leading cryptocurrency exchange, is gearing up to introduce a specialized service aimed at Australia’s self-managed pension sector, according to insights shared by John O’Loghlen, the Managing Director for the Asia-Pacific region at Coinbase, says Bloomberg. The move comes as self-managed superannuation funds in Australia have increasingly shown interest
Two police officers in South Korea are facing trial over an alleged bribery case involving a high-profile crypto fraud case. It involves an alleged crypto fraudster surnamed Tak. Tak was accused of orchestrating an art-themed altcoin scam and for running a fake Ethereum and NFT-related project convincing people to invest
A core developer of solana based DEX platform Cypher confessed to stealing user funds amounting to $300K on his X account. The core contributor known as Hoak released a public statement accepting the allegations imposed on him and apologised for it. The loss of funds came to contributors’ notice after
Federal court orders Elon Musk to testify again in the Securities and Exchange Commission’s (SEC) investigation into his $44 billion Twitter takeover. The court ruled in favor of the SEC’s request after Musk refused to attend an initial interview in September 2023, claiming “harassment.” The investigation centers on whether Musk
The UK elections scheduled to happen later this year, are expected to maintain currents in the crypto sector. Industry stakeholders and Government officials have made statements on the UK’s approach to crypto. Amidst the crypto tug-of-war in the US Elections, the UK has steered clear of controversies. The country has
Tether has frozen 5.2 million USDT from 12 Ethereum addresses linked to phishing groups. These addresses are tagged as USDT-banned addresses by MistTrack. It is an anti-money laundering tracking system developed by SlowMist AML, and used in on-chain analytics to trace illicit funds. Historically, stablecoin issuers ban suspicious addresses for
In a recent exchange between cryptocurrency industry leaders, the Tether CEO replied for comments made by the Ripple CEO, shedding light on the stability and compliance measures of the stablecoin amidst speculation of government scrutiny. Brad Garlinghouse, CEO of Ripple, had suggested a potential investigation by US authorities into Tether,
