New York Regulator Turns Attention to Stablecoin Issuer Paxos
The New York Department of Financial Services (NYDFS) is looking into Paxos, a crypto exchange and stablecoin issuer, to see whether it is following guidelines regarding customer crypto asset custody.
De-facto Bithumb Exchange Owner Arrested in South Korea
Prosecutors in South Korea have detained Kang Jong-Hyun, the anonymous chairman and owner of Bithumb, the country's biggest cryptocurrency exchange, on embezzlement and stock manipulation accusations.
Binance Academy Fellowship For Filipino Students To Improve Web 3.0 Skills In The Philippines
Binance Academy, the educational platform of the world's top blockchain ecosystem and cryptocurrency infrastructure provider, has announced the Binance Scholar Philippines Web 3.0 Scholarship in collaboration with Edukasyon.ph, the Philippines' biggest education technology platform.
Dubai Has Implemented New Cryptocurrency Regulations, With Fines Of Up To $135,000 Imposed
Dubai has signed a major regulation that dictates how the Emirate will regulate cryptocurrency activity in the face of a falling market and burnt investors.
UN says North Korea stole $630m of crypto last year in lowball estimate
According to a Reuters story, the United Nations (UN) disclosed in a classified assessment that North Korea stole $630 million last year.
Logan Paul faces class-action lawsuit over failed CryptoZoo NFT project
According to the lawsuit, Logan Paul and his friends pulled a "rug pull" on the unsuccessful CryptoZoo operation.
Binance CZ says stablecoin regulation would boost adoption
On February 1, CZ stated that stablecoin regulation might assist boost adoption and praised Hong Kong's "determined approach."
What Is the Ethereum Blockchain’s Shanghai Hard Fork, and Why Does It Matter?
The network upgrade, scheduled for March, will handle staked ether withdrawals as well as developer gas charge reductions. Following last year's much-touted move to a more energy-efficient "proof-of-stake" blockchain, the achievement will usher in a new age for the Ethereum ecosystem.
The Difference Between DApps and Traditional Apps
This article examines the differences between distributed apps (DApps) and traditional apps. It discusses the functionality, security, cost, and adoption of each type of app and explains why DApps are becoming more popular. The article also looks at the advantages and drawbacks of both types of apps, helping readers make an informed decision when choosing the right application for their needs.
BlockFi permitted to pay $10M in staff bonuses in spite of bankruptcy
According to previous sources, the company retains approximately 125 employees.
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