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UK’s FCA Flags Over 140 Crypto Exchanges as Non-Authorized
Key Insights:FCA adds 143 exchanges, including Huobi-HTX and KuCoin, to the warning list.
Only 13% of crypto registration applicants since 2020 received FCA...
John Deaton Challenges FTX CEO Amidst Escalating Controversy
TL: DR Breakdown:John Deaton criticizes defenders of former FTX CEO Sam Bankman-Fried amid ongoing legal issues.
FTX's financial records indicate a possible $8...
Judge Torres Rejects SEC’s Appeal, Sending Ripples Through Crypto World
TL: DR Breakdown:Judge Analisa Torres denies SEC's appeal against Ripple Labs, emphasizing a lack of "substantial grounds for difference of opinion."
Ripple's legal...
FTX Co-founder Gary Wang Testifies in Bankman-Fried Trial Over Illicit Activities
Key Insights:Gary Wang admitted to code allowing Alameda unlimited FTX withdrawals.
Alameda's coding error concealed an $8 billion debt settled with customer deposits.
...
Polygon’s Visionary Jaynti Kanani Steps Back, Charts New Horizons
TL: DR Breakdown:Jaynti Kanani, Polygon's co-founder, steps back after six transformative years, aiming to contribute from the sidelines.
Polygon gears up for the...
HKEX Unveils Smart Contract-Powered Settlements
Key Insights:HKEX's Synapse revolutionizes Stock Connect's settlement processes using DAML.
Synapse offers real-time settlement visibility and aligns with T+0 settlement cycles.
Integration with...
Ripple Lands Game-Changing MPI License in Singapore
TL: DR Breakdown:Singapore's progressive crypto regulations attract Ripple, marking a significant win for the industry.
Ripple's commitment to Singapore as an Asia-Pacific hub...
Blockchain Security Firm ‘Cyvers’ Disclose CoinW Hack of $13M
One Crypto exchange CoinW was recently hacked for a huge sum of $13 Million according to Cyvers, a blockchain firm. Most individuals are suspecting...
Crypto Kingpin Bankman-Fried Controversial Trial Begins
Key Insights:Bankman-Fried faces charges of over $8 billion missing funds.
Accused of making unauthorized $100M campaign contributions.
The second trial in March 2024,...
Major Payment Institution License Obtained by Coinbase in Singapore
Kimsy -
Coinbase has obtained a Major Payment Institution License in Singapore.
This license allows Coinbase to offer a broader range of services in the...
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