Your crypto world
In the fast-paced world of cryptocurrencies, security remains a top priority for users and companies alike. However, despite continuous efforts to safeguard against cyber threats, the unfortunate reality is that scams and phishing attempts have become increasingly common. A recent incident involving Coinlist, a reputable cryptocurrency platform, has shaken the crypto community, reminding us all … Read more
In a groundbreaking move, Quam Securities has made history by becoming the first Hong Kong securities firm to venture into the world of crypto trading. The announcement has sent ripples of excitement throughout the financial industry, signaling a significant shift in the landscape of virtual asset trading in the region. Quam Securities’ partnership with HashKey … Read more
In a strongly-worded letter to Gary Gensler, the Chair of the US Securities Exchange Commission (SEC), two senior Republican members of the House of Representatives, Representatives French Hill and Dusty Johnson, expressed their serious concerns about how cryptocurrencies are being regulated. They accused the SEC of using questionable tactics to hinder the progress of comprehensive … Read more
Andrey Kostin, the chairman of VTB Bank, Russia’s second-largest bank, expressed his views on the effects of Western sanctions on Russia and the potential for reshaping the financial system. He stated that by imposing sanctions on Russia, the West has caused an inflation surge and demolished the global trade system. Kostin also pointed out the … Read more
Metis, the leading Web3 platform, has taken swift and decisive action to protect the holdings of METIS token on the Binance Smart Chain (BNB) in response to the recent Poly Network attack. In an announcement made on July 5th through their official Twitter account, Metis revealed their proactive measures to address the security breach effectively. … Read more
OVAL3, a leading digital entertainment platform dedicated to rugby, is set to captivate fans and players alike with the launch of its highly anticipated NFT collection on the Binance NFT marketplace. With the Rugby World Cup just around the corner in September, OVAL3 has secured the official licenses for both the Ligue Nationale de Rugby … Read more
El Salvador’s recent decision to adopt Bitcoin as a legal tender has raised concerns among US lawmakers, leading them to call for a comprehensive risk assessment of the potential impact on bilateral economic relations and law enforcement cooperation. Senators Jim Risch and Bob Menendez have reintroduced a bipartisan bill aimed at requesting a detailed report … Read more
In recent developments, US Securities and Exchange Commission (SEC) Chair Gary Gensler has called for crypto firms to register and comply with securities laws following charges against major players like Binance and Coinbase. Gensler emphasized that while conversations with crypto incumbents have been constructive, it is crucial for these firms to bring their business models … Read more
Kenyan President William Ruto recently made a call to action for African countries to initiate the process of moving away from the U.S. dollar and adopting a pan-African settlement system. During a forum attended by government and private sector officials, President Ruto highlighted the benefits of the Pan-African Payments and Settlement System (PAPSS), which would … Read more
Lula, the President of Brazil, has put forth a proposal aimed at revitalizing the Union of South American Nations (USAN) and emphasizing the importance of shifting away from the dominance of the U.S. dollar in the region. Speaking at a summit attended by 11 South American presidents, Lula highlighted the necessity of reestablishing strong integration … Read more