Genesis Global has recently been granted approval by the bankruptcy court to sell approximately 35 million shares of Grayscale Bitcoin Trust, with a total estimated value of $1.3 billion. This decision was made by U.S. Bankruptcy Judge Sean Lane during a court hearing in White Plains, New York. The authorization given to Genesis allows them
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Recently, Hayden Adams, the founder of Uniswap, took to social media to warn the crypto community about a new wave of scams targeting users through deceptive user interfaces (UIs) in crypto wallets. Adams highlighted how scammers are using fake clones of Ethereum Name Service (ENS) domains to trick users into sending funds to the wrong
Gary Gensler, the chair of the U.S. Securities and Exchange Commission (SEC), recently addressed lawmakers regarding a breach of the SEC’s X account. This breach occurred on Jan. 9 when an unknown actor performed a SIM swap attack on the SEC’s X account and published a false message claiming that the SEC had approved several
The Korea Financial Intelligence Unit (KoFIU) has recently made an announcement regarding their plans to implement a more stringent supervision of the crypto industry in South Korea. This initiative aims to enhance financial oversight and consumer protection within the fast-evolving digital asset industry. The new measures are part of KoFIU’s comprehensive strategy for 2024, developed