Philippines Financial Watchdog cautions against Binance
This warning was included in a reply given to Infrawatch PH, a public policy research organization advocating for the outlawing of the exchange. Infrawatch PH has warned the Philippines' Securities and Exchange Commission (SEC) about Binance's operations in the country. The group claims that the exchange has shown complete disregard for the law and should be shut down. Infrawatch is seeking a probe into allegations that Binance used unlicensed social media advertisements to attract Filipino investors.
Coinbase and BlackRock collaborates to offer crypto to institutional investors
Coinbase partners with BlackRock to offer its customers direct access to cryptocurrencies. Customers of BlackRock's Aladdin platform will be able to access the most popular cryptocurrency, Bitcoin, directly through their investment management software.
Damage Estimates Uncertain for Thousands of Hacked Solana Wallets
Solana Foundation reported the theft on Wednesday. Value of stolen assets is unknown, as is the nature of the exploit. Wallet providers such as Slope and Phantom were also impacted. Solana received $314 million in fundraising last year, led by Andreessen Horowitz.
Almost $5 million was withdrawn from ZB.com in a possible hack.
Crypto exchange ZB.com may have been hacked after $4.8 million was withdrawn from its hot wallet. Over 20 crypto tokens, including SHIB, USDT, and MATIC, were sold for $2,224 ETH ($3.6 million).
What Is KYC ?
While the crypto space started with complete anonymity, in recent times crypto exchanges have become centralized now more than ever. This means exchanges now have detailed know-your-customer procedures before and after signing up.
What we will expect from Binance after appointing Hi Ye to lead Binance Labs?
He Yi has been a crucial part of the Binance success story since its inception. She will help build on the strides of Binance Labs, which has a sterling record of 2,100% growth. Part of her first assignment will be allocating the proceeds of the $500 million fund raised in June.
How to Protect Yourself from Cybersecurity in Web3
The most common type of cyberattack is phishing. Here's how to safeguard yourself, your cryptocurrency, and your NFTs.
New York regulators slapped a $30 million fine on Robinhood Crypto.
The crypto segment of the corporation breached state anti-money laundering and cybersecurity regulations.
Nomad lost $190m TVL in "Decentralized Robbery"
Token bridge across chains On Monday, Nomad was infiltrated, resulting in a loss of cryptocurrencies worth about $200 million in terms of Total Value Locked (TVL).
COINBASE ETHER STAKING BLOCKCHAIN UPGRADE INSTITUTION
Coinbase now offers Ethereum staking to institutional clients in the United States.
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