The United Kingdom is taking cautionary lessons from the collapse of FTX as calls for greater regulation come from public and private sector institutions. The collapse of FTX is being viewed as a cautionary tale and a precursor for more prudent regulation by public and private sector players in the United Kingdom. Bank of England...Continue Reading

Bitcoin exchange users get comfortable as “Do Nothing December” sees BTC price volatility drop to record lows. Bitcoin (BTC) exchange users have forgotten all about the FTX scandal this Christmas, data shows. According to on-chain analytics firm Glassnode, exchange outflows have now hit their lowest levels in over six months. Still not your keys, still...Continue Reading

The BitKeep team confirmed that some APK package downloads have been hijacked by attackers and installed by users. While many are still enjoying the holiday season, hackers are hard at work, draining around $8 million in an ongoing BitKeep wallet exploit.  On Dec. 26, some users of the multichain crypto wallet BitKeep reported that their...Continue Reading

One of the biggest factors harming Ethereum’s credible neutrality is the use of censoring MEV relays by crypto ecosystems and exchanges. For most crypto ecosystems, being compliant with federal sanctions have a negative impact on its global reach. However, when it comes to Ethereum, investors have significant power to decide the degree of compliance the...Continue Reading

The crypto trading firm sees NFTs becoming more intertwined with brand IP, while Web3 apps with “real world utility” gain traction. Despite an eventful year fraught with crypto collapses and price drops, Steven Goulden, a senior research analyst at crypto trading firm Cumberland has pointed to several “green shoots” to break the surface in crypto...Continue Reading

Pokémon Company International has taken an Australian company to court over advertising an unlicensed NFT-based Pokémon game and HSBC has filed for a host of NFT and Metaverse trademarks. NFT-friendly Japanese gaming giant Square Enix has invested 7 billion yen ($52.7 million) into game developer Gumi to create “high-quality” mobile games, blockchain games and a...Continue Reading

SEC’s request to seal documents in the Ripple Labs case has sparked criticism from the community. The United States Securities and Exchange Commission (SEC) has requested to seal the infamous Hinman Speech documents, claiming that they are not relevant to the court’s summary judgment decision. The Motion to Seal Summary Judgment Document was filed by...Continue Reading

The private contact information of Ethereum co-founder Vitalik Buterin, shark tank host Kevin O’Leary and Mark Cuban are among those purportedly for sale. 400 million Twitter users’ data containing private emails and linked phone numbers have reportedly been up for sale on the black market. Cybercrime intelligence firm Hudson Rock highlighted a “credible threat” via...Continue Reading

The hackers created decoy websites impersonating NFT marketplaces, NFT projects and even a DeFi platform. Hackers linked to North Korea’s Lazarus Group are reportedly behind a massive phishing campaign targeting non-fungible token (NFT) investors — utilizing nearly 500 phishing domains to dupe victims. Blockchain security firm SlowMist released a report on Dec. 24, revealing the...Continue Reading

The Bitcoin network hashrate has returned to 241.29 EH/s after a temporary 38% fall to 170.60 EH/s from a weekly peak of 276.40 EH/s. Bitcoin’s network hashrate has returned to regular levels again, days after freezing temperatures across the United States put a strain on the nation’s electricity grid — leading to a temporary drop...Continue Reading