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    Blockchain

    Custody Provider Liminal Receives Approval in Abu Dhabi as it Expands to Middle East

    Liminal, a leading Singapore-based custody services provider, has achieved a significant milestone in its global expansion journey with regulatory approval in Abu Dhabi.

    MoonPay Donates $1 Million To Stand With Crypto Ahead Of 2024 Elections

    MoonPay confirmed to Cryptonews on Monday that it has donated $1 million to the digital advocacy group Stand With Crypto ahead of the 2024 elections.

    Franklin Templeton CEO Bullish on Blockchain Technology and Asset Tokenization Trend

    Franklin Templeton CEO Jenny Johnson, who oversees the $1.6 trillion asset management firm, said she remains a huge fan of blockchain technology and sees exchange-traded funds (ETFs) and mutual funds being on the blockchain during an interview with Bloomberg anchor David Westin.

    Hong Kong’s New Spot Bitcoin ETFs Attract Investors from Mainland China

    The Bitcoin Asia 2024 conference in Hong Kong attracted a large crowd of enthusiasts and especially investors from mainland China.

    North Korean Hackers Kimsuky Deployed Malware Targeting Crypto Firms: Kaspersky

    North Korea’s notorious Kimsuky hacking group, also known as APT43, has been reportedly launching cyberattacks on two South Korean crypto firms using a previously undocumented Golang-based malware named – Durian.

    Russian Energy Firms Prepares to ‘Hunt’ Private Crypto Miners

    Russian energy firms are preparing to “hunt down” private crypto miners and crack down on people mining cryptoassets at home, a report claimed on May 12.

    Stand With Crypto Launches PAC To Back Pro-Crypto Politicians Ahead of November Elections: Reuters

    Digital asset advocacy group Stand With Crypto launched its own political action committee (PAC) on May 10, according to a Friday Reuters report. The committee will support pro-crypto politicians in the lead-up to the November 2024 elections.

    White House Plans to Nominate CFTC Commissioner Johnson for Treasury Position

    The White House is reportedly set to nominate Kristin Johnson, a commissioner at the Commodity Futures Trading Commission (CFTC), to fill a top role at the US Treasury Department overseeing banks, according to a May 9 report by Bloomberg.

    International Monetary Fund Tells Nigeria To Regulate Crypto Trading Platforms

    The International Monetary Fund (IMF) recommended on May 10 that Nigeria regulate crypto trading platforms amid the African nation’s detainment of two Binance executives, according to a United Nations Thursday staff report.

    Kraken Warns SEC’s Claims Could Reorder US Financial Structure

    Crypto exchange Kraken urged the US court to dismiss the SEC claims against it to avoid a “significant reordering” of the US financial regulatory structure.

    Hong Kong Businessman and Son Surrender to Police Over Kidnapping of Crypto Investor in $1.9 Million Dispute

    A Hong Kong businessman and his son have surrendered to police in connection with the abduction of a cryptocurrency investor, according to a local news outlet, the South China Morning Post, citing sources familiar with the matter.

    Franklin Templeton Praises Base Network in SocialFi, Cites Success with Friend.Tech

    Franklin Templeton, a powerhouse asset manager overseeing trillions in assets, has spotlighted Base, an Ethereum Layer 2 network incubated by Coinbase, as a frontrunner in the realm of Social Finance (SocialFi) with its prime application, Friend.tech.

    BlockFi Shuts Web Platform, Partners with Coinbase for Crypto Withdrawals

    Embattled crypto lender BlockFi announced Thursday that it plans to close its web platform this month, and is partnering with Coinbase to distribute funds to clients.

    Taiwan Proposes AML Amendments, Seeks Jail Terms and Fines for Non-Compliant Crypto Service Providers

    Taiwan authorities announced on Thursday that they intend to punish cryptocurrency firms that fail to abide by its anti-money laundering (AML) laws.

    Georgia Protests ‘Are Funded by Overseas Crypto,’ Claims Security Service

    Georgia’s security service has claimed overseas actors are using crypto to fund a spate of protests that have divided the country.

    SEC Stifling Innovation by Hindering Ethereum’s Potential in Banking: Joseph Lubin

    Ethereum Co-Founder Joseph Lubin launched scathing criticisms against the Securities and Exchange Commission (SEC) on May 9, accusing the regulatory body of deliberately impeding innovation and obstructing Ethereum’s transformative potential in the banking landscape.