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    Blockchain

    FSC Plans New Digital Asset Regulations Draft for Taiwan in September 2024

    The Financial Supervisory Commission (FSC) of Taiwan has announced its intention to propose a new draft of digital asset regulations for the country in September 2024.

    FTX Opens Claim Window, Prices Crypto Assets Significantly Below Market Values

    Fallen crypto exchange FTX has opened its claim window for creditors to retrieve their crypto assets.

    Nigeria’s Financial Watchdog Summons Binance CEO Over Crime Concerns

    New Binance CEO Richard Teng must appear before Nigeria’s House of Representatives Committee on Financial Crimes to answer questions about his company’s lax KYC and AML policies, which may have played a part in terrorism financing and money laundering.

    Hong Kong’s SFC Issues Warning on BitForex Amid Crypto Scam Allegations

    On March 4, ​​Hong Kong’s financial watchdog, the Securities and Futures Commission (SFC), issued a public notice about the cryptocurrency exchange BitForex over alleged fraudulent dealings.

    Why Is Crypto Up Today?

    The crypto market capitalization is up 4% over the past 24 hours. At the time of writing, it stands at $2.544 trillion, according to CoinGecko. Most of the top 100 coins by market capitalization have appreciated in the past day.

    US Court Rules Crypto Trades on Secondary Markets as Securities Transactions

    In a landmark decision, a U.S. court has determined that the trading of certain cryptocurrency assets on secondary markets, including platforms such as Coinbase, are securities transactions.

    Alfa-bank: Russian Financial Behemoth Launches Digital Asset Offerings

    Alfa-bank, one of Russia’s biggest financial institutions, has created a “digital financial asset” (DFA) backed by gold, stocks, and cash.

    Hong Kong SFC Warns of Websites Impersonating Regulated Crypto Exchanges

    The Hong Kong Securities and Futures Commission (SFC) issued a public warning today, urging investors to be cautious of suspicious websites impersonating legitimate virtual asset trading platforms. Two specific platforms were identified: HSKEX, impersonating Hash Blockchain Limited, operating these urls – www.hskexpro.com, www.hskex.com, www.hskexs.com and www.hskexit.com. www.oslexu.com and www.oslint.com were found impersonating OSL Digital Securities Limited.

    Bitcoin NFTs Eclipse Ethereum with $168.5 Million in Weekly Sales

    Bitcoin (BTC) non-fungible token (NFT) sales have outshined Ethereum (ETH) in the past seven days, driven by a sudden surge in Bitcoin Ordinals-based NFT collections. 

    AfreecaTV BJ Falls Victim to South Korean Crypto Scammer

    AfreecaTV BJ (broadcast jockeys) stars have become the latest targets of increasingly sophisticated South Korean crypto scammers.

    Worldcoin Price Dips as Elon Musk Sues OpenAI and Sam Altman

    On Thursday, the price of Worldcoin’s WLD token dipped following news of Elon Musk’s lawsuit against OpenAI and its CEO, Sam Altman, alleging a breach of their nonprofit agreement.

    Bank for International Settlements Releases Executive Summary of Global Stablecoin Recommendations

    The Bank for International Settlements (BIS) released recommendations for the regulation, supervision, and oversight of global stablecoin arrangements in a February 29 executive summary.

    Ordinals Trader Recovers Bitcoin After Fat-Fingered NFT Purchase

    On March 1, a cryptocurrency trader shared a riveting tale on social media, recounting the accidental purchase of a non-fungible token (NFT) at 1,000% above its listing price.

    House Financial Services Committee Votes In Favor of Resolution to Overturn SEC’s SAB 121

    The House Financial Services Committee voted on Thursday to proceed with a resolution that would “reverse” the United States Securities and Exchange Commission’s (SEC) controversial digital asset accounting bulletin, SAB 121.

    Trader Loses $70,000 In Seconds to Binance Hack, Details “Strange” Experience

    On Thursday, a crypto trader lost $70,000 in mere seconds on the Binance crypto exchange to a hacker.

    Nokia Aims for Metaverse Expansion in 2030 Strategy

    Nokia is gearing up for a surge in network demand driven by anticipated advances in the metaverse, Web3, and artificial intelligence (AI) by the year 2030.