Coinbase Hit by Breach and SEC Probe Ahead of S&P 500 Entry Coinbase, the leading cryptocurrency exchange platform, has recently found itself in the eye of the storm as it faces the aftermath of a significant breach and a looming investigation by the U.S. Securities and Exchange Commission (SEC). This turbulent period comes at a […]
Tether plans US-based stablecoin launch by 2025
Tether Plans US-Based Stablecoin Launch by 2025 Tether, one of the leading names in the cryptocurrency world, is gearing up for a significant move by planning the launch of a US-based stablecoin by the year 2025. This development marks a notable shift for Tether, known for its international array of products, as it sets its […]
SK Telecom probes cyberattack after weekend breach
SK Telecom Probes Cyberattack After Weekend Breach South Korea’s leading telecommunications company, SK Telecom, is currently under intense scrutiny following a recent cyberattack that compromised customer data. The breach, which occurred over the weekend, has raised significant concerns about the company’s cybersecurity measures and its ability to protect sensitive information. In response to the breach, […]
Ethena Labs shuts down German subsidiary amid regulatory pressure
Ethena Labs Halts Operations in Germany in Response to Regulatory Scrutiny Ethena Labs, a prominent player in the crypto industry, recently announced the closure of its German subsidiary, Ethena GmbH. This decision comes as a response to the escalating regulatory pressure faced by crypto firms in Europe, particularly in light of the impending full implementation […]
New rules in Thailand aim to tackle foreign P2P crypto services
New Regulations in Thailand to Regulate Foreign P2P Crypto Services In a bold move to combat online financial crimes and tighten control over digital asset businesses, the Thai Securities and Exchange Commission (SEC) has recently approved new emergency decrees. These regulations specifically target foreign peer-to-peer (P2P) crypto services operating within the country’s borders. The aim […]
Nigerian court postpones Binance hearing over jurisdictional challenge
Nigerian Court Delays Binance Hearing Amid Jurisdictional Challenge The recent postponement of the Binance hearing by a Nigerian court has sparked renewed interest and debate within the cryptocurrency community. The world-renowned digital asset exchange, Binance, is currently contesting the court’s approval of substituted service, citing concerns that Nigerian authorities may have circumvented essential judicial procedures […]
OnlyFans faces penalty in UK for age check inaccuracy
OnlyFans Faces Penalty in UK for Age Check Inaccuracy In a recent turn of events, popular content subscription platform OnlyFans has found itself in hot water in the United Kingdom. The company is facing a penalty for inaccuracies in its age verification process, highlighting the increasing regulatory scrutiny that tech companies are under to enhance […]
Meta cracks down on misinformation in Australia
Meta Cracks Down on Misinformation in Australia Social media platforms have become an integral part of our daily lives, offering a space for connection, information sharing, and entertainment. However, with great power comes great responsibility, especially when it comes to curbing the spread of misinformation. In Australia, social media companies, including Meta, are facing increasing […]
FTC examines Microsoft’s licensing and AI business strategies
FTC Examines Microsoft’s Licensing and AI Business Strategies The Federal Trade Commission (FTC) has set its sights on tech giant Microsoft, with a particular focus on the company’s cloud strategy, cybersecurity practices, and upcoming licensing rule changes. This move by the FTC underscores the increasing scrutiny that big tech firms are facing regarding their business […]
Trump Says Four Bidders in Play for TikTok Deal ‘Soon’
Four Bidders in Play for TikTok Deal ‘Soon’ As the deadline looms for ByteDance Ltd.’s TikTok to secure a deal for its US operations by April 5, the latest development indicates that there are four potential bidders actively involved in the process. The urgency to finalize an agreement comes as a result of a bipartisan […]