Digital Assets – Page 38

Thai Securities and Exchange Commission Lifts Restrictions on Digital Asset Investments

January 19, 2024

Thailand’s securities regulator has removed investment restrictions on retail investors who invest in real estate-based digital tokens. The Thai Securities and Exchange Commission (SEC) said digital asset entities that want to diversify to other businesses need to get its approval first. Balancing Between Protecting Investors and Promoting Innovation The Thai Securities and Exchange Commission (SEC)…
Read more

In Social Media Buzz, Investment Giant Franklin Templeton Commends Ethereum and Solana’s Advances

January 18, 2024

Based in San Mateo, the prominent investment management firm, Franklin Templeton, has been actively posting about digital assets on social media following the recent approval of its new spot bitcoin exchange-traded fund (ETF). The firm’s U.S. X account now sports a modified logo featuring Benjamin Franklin with laser eyes. This Wednesday, the account prominently recognized…
Read more

North Korea-Affiliated Hackers Stole $600 Million in 2023 — Ten Times More Damaging Than Anyone Else

January 10, 2024

North Korea-affiliated hackers stole digital assets worth $600 million in the past year. According to a TRM Labs report, this figure will likely rise to $700 million if additional attacks which occurred at the tail end of the year are traced to the same hackers. North Korea and its affiliates reportedly now possess a hacking…
Read more

America’s Bitcoin Crossroads: Path to Leadership or Decline?

January 8, 2024

In the rapidly evolving world of digital assets, the United States seems to be cautiously lagging behind, while other nations sprint ahead. This hesitance is not just a matter of policy inertia but reflects a deeper resistance. The establishment often views these emerging technologies as a threat, reluctant to disrupt the status quo that favors…
Read more

Gamma Heist — Over $3M in Digital Assets Drained, 1,000 ETH Moved to Tornado Cash

January 6, 2024

On Jan. 4, the decentralized finance protocol Gamma Strategies was a victim of a hacking attack which saw criminals make off with digital assets worth over $3 million. To pre-empt further attacks, Gamma Strategies said it has shut off all deposits on any of its “public-facing vaults.” Hacker Transfers 1,000 Ethereum to Crypto Tumbler Tornado…
Read more

Defi Platform Radiant Capital Loses Digital Assets Worth $4.5 Million After Flash Loan Attack

January 4, 2024

Radiant Capital, a decentralized finance (defi) platform, confirmed on Jan. 3, 2023, that it fell victim to an attack which saw the “protocol accruing bad debt in the WETH market, totaling about 1.3% of total protocol TVL” or $4.5 million. Radiant Capital has urged the hackers to establish contact with the defi platform before law…
Read more

Kyberswap Exploit Fallout: Platform’s Workforce Cut by 50%

December 28, 2023

The CEO of Kyberswap, the decentralized finance aggregator, revealed on Christmas Day that the platform recently laid off 50% of its workforce. The CEO added his organization is in the process of creating a voluntary database that is expected to help these workers secure new jobs in the Web3 space. Continuing Impact of the November…
Read more

Tackling NFT Theft With the Three Address Protocol

December 21, 2023

The Three Address Protocol offers a structured strategy to safeguard non-fungible tokens (NFTs), dividing activities across three specialized addresses to combat digital asset theft. TAP: Candidate For The New Standard in NFT Security The NFT community has long been plagued by NFT thefts, with high-profile cases often involving losses of digital assets worth hundreds of…
Read more

World’s Largest Oil Company Saudi Aramco Partners With SBI Holdings to Potentially Invest in Digital Assets

December 13, 2023

Saudi Aramco, the largest oil and gas company by market cap, has partnered with SBI Holdings, a financial services group in Japan, to explore a potential collaboration for investing in digital assets. SBI also contemplates the launch of a subsidiary in the Middle East to expand its influence in the region. Oil Colossus Saudi Aramco…
Read more

Report: 47% of Nigerians Engaged in Crypto-Related Activities

December 11, 2023

A new study has found that as much as 47% of Nigerians are actively engaged in crypto trading which is now increasingly incorporated in their financial lives. The analysis also showed that crypto ownership in the country grew by 15% between 2020 and 2023. Cryptocurrencies No Longer Seen as Speculative Assets According to an analysis…
Read more

Category: Digital Assets