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The cryptocurrency exchange OKX has reacted quickly to a severe security vulnerability in its iOS wallet app. Leading blockchain security firm, CertiK discovered the vulnerability, which prompted OKX to fix the problem promptly and guarantee the security of user funds. Following
This week, the European Union has introduced a fresh wave of sanctions that specifically target Russian nationals in executive roles within the cryptocurrency industry. These sanctions, which were outlined in a declaration released on December 18, aim to block Russian individuals
The U.S. Securities and Exchange Commission (SEC) is actively progressing with its review of Bitcoin ETF applications, having held significant meetings with major applicants Grayscale and BlackRock on December 19, 2023. These meetings are part of an ongoing series of high-level d
The UK Treasury’s consultation on the Digital Securities Sandbox (DSS) has successfully concluded, drawing significant attention and participation from financial industry stakeholders. This consultative process, integral to the Financial Services and Markets Act 2023, was active
Bybit, based in Dubai and noted as the globe’s third-largest exchange in terms of trading volume, has recently enhanced its transparency efforts with an expanded proof-of-reserves (PoR) attestation. This attestation now verifies a broader spectrum of 32 digital currencies. This m
Ledger, a prominent hardware wallet provider, has declared that it will fully compensate the victims of the recent ConnectKit exploit that led to a loss of $600,000. In addition to providing reimbursement, the company has vowed to enhance security by disabling the blind signing f
Brian Armstrong, the CEO of Coinbase, a leading crypto exchange based in San Francisco, has publicly disputed the stance of several United States Senators on cryptocurrency. Utilizing the social media platform X (formerly Twitter), Armstrong voiced his concerns, particularly high
Ripple, a prominent blockchain company, has achieved a significant regulatory milestone by securing the registration of its Irish subsidiary, Ripple Markets Ireland Limited, in the Central Bank of Ireland’s list of Virtual Asset Service Providers (VASPs). Ripple Gains Key Regulat
In an unprecedented court ruling in Poland, a group of 14 individuals with connections to Russia, Belarus, and Ukraine has been adjudicated as culpable for espionage. This clandestine network, active within Polish borders, was exposed for receiving substantial cryptocurrency paym
