Cybercriminals attack GoDaddy-based cryptocurrency platforms

The attackers used social engineering to defraud the GoDaddy staff. Yesterday, security researcher KrebsOnSecurity reported that several cryptocurrency platforms hosted by popular hosting provider Godaddy have been attacked over the past week. According to KrebsOnSecurity, the attacks began on or around November 13th on cryptocurrency trading platform liquid.com. Liquid CEO Mike Kayamori said GoDaddy incorrectly […]

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Indian crypto industry expanding, regulators seem reluctant to engage

As Cashaa launches crypto banking services in India, the cryptocurrency industry continues to grow despite uncertain regulations. The people of India are awaiting access to crypto banking services, as British-based fintech firm Cashaa has collaborated with India’s United Multistate Credit Cooperative Society to launch a crypto-centric banking company called Unicas that will initially open 34 […]

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DBS Digital Exchange shows crypto has gone mainstream in Asia: JST Capital

The forthcoming digital asset exchange from Singapore’s largest bank DBS is expected to encourage other Asian financial institutions to reveal their crypto strategies. A now-deleted webpage announcing that Singapore’s largest bank is planning to launch a “digital exchange” supporting crypto asset trading is the latest sign of increasing institutional adoption of virtual currencies. The document, […]

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Singapore’s largest bank reportedly launching crypto trading and custody

Another global bank believes that digital assets are the future of the global economy. DBS, Singapore’s largest retail and commercial bank, seems to be entering the cryptocurrency space with three new offerings. According to information seen by Cointelegrpah, DBS is launching cryptocurrency trading and custody as well as a platform for conducting security token offerings. […]

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Kenya’s central bank exploring CBDCs due to ‘mushrooming’ of private cryptos

The Governor of the Central Bank of Kenya told reporters the institution is “already feeling left out.” The Central Bank of Kenya, or CBK, has reportedly started discussions with international central banks to explore the possibility of entering the central bank digital currency space. CBK governor Dr. Patrick Njoroge told reporters during Georgetown’s DC Fintech […]

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