Bitcoin Hits New All-Time High as Institutional Demand Surges Bitcoin, the pioneer of cryptocurrencies, has once again captured the spotlight as it reaches a new all-time high. This impressive feat comes on the heels of a significant surge in institutional demand, signaling a shifting tide in the perception and adoption of digital assets. In recent […]
Hackers steal $180M in Brazil’s biggest bank breach
The Rise of Cybercrime: Hackers Steal $180M in Brazil’s Biggest Bank Breach In a digital age where financial transactions are predominantly conducted online, the threat of cybercrime looms larger than ever. Recently, Brazil faced its biggest bank breach to date, with hackers making away with a staggering $180 million. The authorities are now in a […]
Ripple partners with AMINA Bank to expand in Europe
Ripple Partners with AMINA Bank to Expand in Europe Ripple, a prominent player in the cryptocurrency realm, has recently struck a strategic partnership with AMINA Bank to solidify its presence in Europe. This collaboration marks a significant milestone for both entities, showcasing a mutual commitment to fostering financial innovation and expanding their reach in the […]
Lazarus Group linked to Taiwan exchange hack
Lazarus Group Strikes Again: Suspected in Crypto Theft Targeting Taiwan’s BitoPro Exchange In the ever-evolving landscape of cybersecurity threats, the Lazarus Group has once again made headlines for its suspected involvement in a recent crypto theft targeting Taiwan’s BitoPro exchange. This notorious hacking group, believed to have ties to North Korea, is known for its […]
Hacktivists target Iran’s Bank Sepah in major cyberattack
Hacktivists Strike Bank Sepah in Major Cyberattack In a recent turn of events, Bank Sepah, along with several other military-linked banks, has fallen victim to a significant cyber disruption orchestrated by hacktivists. This attack has raised concerns not only about the vulnerability of financial institutions to cyber threats but also about the motives driving such […]
Bank of America prepares for dollar stablecoin
Bank of America Prepares for Dollar Stablecoin Regulatory clarity is shaping the next steps for major banks entering the stablecoin market. As one of the largest financial institutions in the United States, Bank of America is gearing up to launch its own dollar-pegged stablecoin. This move comes as no surprise, considering the increasing interest in […]
Bank of Italy criticises limited MiCA impact
Bank of Italy Criticises Limited MiCA Impact The Markets in Crypto-Assets Regulation, known as MiCA, was introduced by the European Commission to provide a comprehensive regulatory framework for digital assets, including cryptocurrencies and stablecoins. However, despite the high hopes pinned on MiCA to drive stablecoin adoption and generate interest among Italian intermediaries, the Bank of […]
New Circle system aims to speed up global money transfers
Revolutionizing Global Money Transfers: The Innovative Circle System in Action In the fast-paced world of finance, the need for efficient and seamless money transfers has never been greater. With the rise of digital currencies and blockchain technology, traditional methods of sending money across borders are being challenged. In a groundbreaking move, the issuer of the […]
Banks push to scrap SEC cyber reporting rule
Banks Push to Scrap SEC Cyber Reporting Rule Financial groups are making a bold move in the realm of cybersecurity regulations by calling for the removal of the Securities and Exchange Commission’s (SEC) strict reporting rule. This rule, which mandates that financial institutions report cyber breaches to the SEC within four business days, has been […]
Crypto ownership drops in Singapore
Crypto Ownership Drops in Singapore: Investors Flock to Safer Assets A recent survey has shed light on a significant trend in Singapore’s investment landscape: the decline in crypto ownership. As global markets continue to navigate through uncertainty, investors in the city-state are increasingly turning away from digital currencies and towards safer assets such as cash […]