The Australian financial regulator has warned the public against an alleged crypto-related scam operating with no license. The Australian Securities and Investments Commission (ASIC) has issued another warning on May 21 against an alleged crypto-related scam project. According to the report, the Australian financial regulator has today published a warning against an alleged scam entity […]
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A portion of the ether stolen from hacked New Zealand-based cryptocurrency exchange has been moved. A portion of the ether (ETH) stolen from hacked New Zealand-based cryptocurrency exchange Cryptopia has been moved and deposited to a different crypto exchange, according to an analysis. Crypto Anti-Money Laundering startup Coinfirm tweeted about their findings on May 20. […]
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Bitfury teamed up with the Astana International Financial Centre to collaborate on blockchain development in the region. Blockchain tech giant Bitfury partnered with major Kazakhstan-based financial hub to apply the technology across multiple industries, local government-backed newspaper The Astana Times reports on May 21. Headquartered in Nur-Sultan, the newly renamed capital of Kazakhstan, the Astana […]
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A fintech research institute established by China’s central bank has posted several new job openings for blockchain talent. A fintech research institute established by China’s central bank, the People’s Bank of China (PBoC), has posted several new job openings for blockchain talent. The three listings were published to Chinese recruitment website Lagou.com on May 21. […]
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The Financial Conduct Authority says crypto investors lost approximately $34 million from scams last year. The primary financial regulator of the United Kingdom, the Financial Conduct Authority (FCA), reports that crypto investors in the country lost over $34 million due to cryptocurrency and forex scams from 2018–2019 the Financial Times reports on May 20. According […]
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A Zimbabwe Stock Exchange (ZSE) executive said that blockchain technology is very good, but the exchange needs regulatory clarity. Zimbabwe Stock Exchange (ZSE) chief executive Justin Bgoni says ZSE is interested in adopting blockchain technology if regulatory certainty can be achieved, according to a report by local news daily The Chronicle on May 20 Bgoni, […]
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The vote to decrease stability fee for MakerDAO’s Ethereum blockchain-based decentralized stablecoin DAI has stalled. The vote to decrease stability fee for MakerDAO’s Ethereum blockchain-based decentralized stablecoin Dai has failed, according to the voting results published on May 20. The vote about whether to decrease the fee by 2% to 17.5% per year started yesterday, […]
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The U.S. IRS has prioritized issuing tax guidance on cryptocurrencies in response to a request from 21 representatives. The United States Internal Revenue Service (IRS) has prioritized issuing tax guidance on cryptocurrencies, according to a May 16 letter. The letter from the IRS comes in response to a request from 21 representatives in Congress, including […]
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Dutch bank ABN AMRO announced that it is launching a blockchain inventory tracking platform dubbed Forcefield. Dutch bank ABN AMRO announced that it is launching a blockchain inventory tracking platform dubbed Forcefield in a press release published on May 17. Per the announcement, the platform is an Internet of Things solution that allows the monitoring […]
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White hat hackers reportedly earned $32,000 in bounties in the past two months for finding and documenting crypto and blockchain security issues. White hat hackers have earned $32,000 in bounties over the last two months by reporting security holes in crypto and blockchain projects, according to a report by Hard Fork on May 20. This […]
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