Unciphered, a renowned cybersecurity firm specializing in the retrieval of misplaced cryptocurrencies, claims to have discovered a method to physically breach the security of the Trezor T hardware wallet. Trezor has acknowledged the existence of a comparable attack vector several years ago.
The SFC's guidelines explicitly forbid the distribution of crypto 'gifts' intended to encourage retail investments, which may encompass airdrops. Additionally, the guidelines state that stablecoins should not be allowed for retail trading until they undergo regulatory oversight.
The regulator, in collaboration with the local police, conducted raids on several sites in Exeter, Nottingham, and Sheffield. They declared that cash-to-crypto conversion services were illegal and posed a risk of money laundering.
Coinbase's Q1 revenue of $773 million exceeded expectations, surging 23% from the preceding quarter's revenue of just $655 million.
Letitia James' pursuit of legal action against companies such as Celsius, CoinEx, and Nexo has led to the introduction of this bill seeking expanded regulatory powers in the cryptocurrency space.
The Federal Open Market Committee's recent meeting left the markets confused due to ambiguous messaging, leaving them struggling to interpret the signals conveyed by both the FOMC statement and Chair Jerome Powell's comments. This is a common occurrence in central bank policy-setting, which often involves abstruse signals. However, the emergence of new tools like blockchain's cryptographic verification systems could potentially aid policymakers in making more informed decisions.
Did you miss out on the discussions at Consensus 2023? Get up to speed on some of the most significant conversations right here.
Bitdeer stated that the agreement represents 'a crucial expansion into Asia' and anticipates initiating fundraising activities later this month.
C Squared Ventures and Goat Capital, the firm co-founded by Twitch founder Justin Kan, were at the forefront of leading the fundraising efforts.
The CoinDesk editorial team came together to offer their valuable insights on the most crucial topics that will have a significant impact on the future course of the cryptocurrency industry.