Biden Administration Pushes for Crypto Oversight Amid Hamas Worries
The Deputy Treasury Secretary urges the crypto industry to cease its involvement in facilitating terrorist financing.

The Deputy Treasury Secretary urges the crypto industry to cease its involvement in facilitating terrorist financing.
The Layer 1 blockchain network supported by Kakao intends to investigate tokenization methods in collaboration with a shipping division of Korindo, an Indonesian conglomerate.
South Korean authorities have apprehended 49 individuals and frozen £12 million in assets in connection with an alleged international cryptocurrency fraud ring. The group is accused of running a fake cryptocurrency investment platform that attracted investors from abroad, resulting in losses of over £11.5 million for at least 253 victims, highlighting ongoing concerns about cryptocurrency fraud in South Korea.
According to a report by OxScope, Binance currently dominates with over 50% of the total cryptocurrency trading volume on centralized exchanges. However, their spot trading share decreased from 62% a year ago to 40% by October 2023, while their derivatives market share remained around 50% throughout much of the year.
In the most recent incident, a deceitful Xumm plugin was discovered lurking within the Chrome web store, prompting a swift and coordinated response from the vigilant XRPL community.
Meta, Facebook's parent company, tackles AI misuse in political ads, marking a significant move in tech regulation.
Binance addresses and dispels rumours surrounding the alleged release of an exclusive invite-only messenger application.
The ministry says that Coinbase does not have a national licence to issue or trade digital currencies.
Binance unveiled a secure Web3 wallet, employing advanced security measures, as part of its broader expansion into crypto services.
The new T-wallet will be the result of a collaboration between Aptos Labs, Atomrigs Labs, and SK Telecom.