Cryptocurrency

South Korean financial authorities have intensified their regulatory oversight of the cryptocurrency sector by soliciting public reports on unlicensed crypto exchanges. This move underscores the nation’s commitment to ensuring compliance and transparency in the rapidly evolving digital asset landscape.

In a surprising turn of events, a French court has allowed two brothers, Mohammed M. and Benamar M., to walk free despite their involvement in an $8.5 million theft from the decentralized finance (DeFi) protocol Platypus. The brothers' defense that they were acting as 'ethical hackers' swayed the court's decision, leaving Platypus to grapple with the financial aftermath.

Cryptocurrency exchange Binance is reportedly in the spotlight following claims that its executives provided select VIP traders with advance information about a substantial settlement with U.S. authorities. This alleged disclosure, which occurred at an exclusive dinner in Singapore, suggests that certain Binance traders were privy to sensitive company negotiations well before the public.

The crypto market is witnessing a notable upswing, with its net valuation reaching $1.427 trillion for the first time since May 2022. This surge is largely attributed to MicroStrategy's recent Bitcoin purchases and the anticipatory buzz around the upcoming U.S. Securities and Exchange Commission's decision on Bitcoin exchange-traded fund (ETF) applications.

Australia is taking a renewed and more strategic approach to combat scams in the 'future sectors', including cryptocurrencies and related digital assets, through the introduction of the “Proposed Scams Code Framework.” This move, initiated by the Department of the Treasury, marks a significant step in addressing the increasing challenge of consumer and business scams, particularly in the rapidly evolving digital finance sector.

Bitcoin (BTC) is on track to secure its highest monthly close since May 2022, demonstrating resilience and a bullish trend in a market often influenced by macroeconomic factors. Despite the release of key United States macro data, Bitcoin's price has remained largely stable, showcasing a notable divergence from traditional market responses.

Changpeng “CZ“ Zhao, the former CEO of Binance, has stepped down as chairman of the board at Binance.US. This move comes amidst various regulatory challenges faced by the company.

Dive into the rich investment wisdom of Charlie Munger and uncover valuable lessons for crypto traders, despite his aversion to Bitcoin.

Discover the latest trends in Japan's cryptocurrency tax compliance, including a decrease in undeclared crypto value and an increase in tax evasion investigations.