South Korea's crypto exchanges face an existential crisis as recent incidents expose a lack of decentralization and blockchain security, raising questions about their value and role in the financial system.
#YonhapInfomax #CryptoExchanges #Bithumb #Blockchain #Decentralization #TradingVolume #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=104690
[From the Field]Crypto Exchanges Face Existential Crisis

South Korea's crypto exchanges face an existential crisis as recent incidents expose a lack of decentralization and blockchain security, raising questions about their value and role in the financial system.

Yonhap Infomax
From pizza purchases to DAG networks, here's a friendly tour through crypto’s earliest milestones and how they shaped the decentralized world we use today. https://hackernoon.com/5-crypto-firsts-you-should-know-from-the-first-exchange-to-the-first-dag #cryptoexchanges
5+ Crypto ‘Firsts’ You Should Know: From the First Exchange to the First DAG | HackerNoon

From pizza purchases to DAG networks, here's a friendly tour through crypto’s earliest milestones and how they shaped the decentralized world we use today.

Everyone - let's jump into the deep end of the pool!

Like other exchanges, Crypto.com has filed a national trust bank charter application. A national trust bank is a limited-purpose national bank, and as such can provide custody, safekeeping and other fiduciary services nationwide.

Note: it is NOT a full-service commercial bank and does not take FDIC-insured deposits or make traditional loans. Accounts will likely be “skinny” master accounts that do not pay interest payments on account balances or provide overdraft protection.

The filing is not an approval, and Crypto.com’s proposal targets institutional custody rather than consumer deposit accounts. https://finance.yahoo.com/news/crypto-com-files-national-bank-155451459.html #Crypto #CryptoExchanges #CryptodotCcom #NationalTrustBank #Banking #FDIC

United Kingdom’s Financial Conduct Authority (FCA) has filed a lawsuit against digital asset exchange HTX, formerly known as Huobi, accusing the platform of unlawfully promoting cryptoasset services to consumers. HTX is tied to Justin Sun, who serves as an adviser.

HTX breached the country’s financial promotions regime by targeting UK users without proper authorization or registration. HTX had been previously warned on multiple occasions going back 2023.

“The FCA has commenced civil proceedings in the High Court against HTX, a global crypto exchange, for unlawfully promoting cryptoasset services to UK consumers,”.

Violations constitute a criminal offense, carrying penalties of up to two years in prison, an unlimited fine, or both. https://cryptonews.com/news/fca-moves-against-htx-in-london-over-illegal-crypto-promotions-warning-to-other-exchanges/ #Crypto #CryptoExchanges #HTX #UK #UKFCA #CivilLawsuit #Lawsuit #CryptoCurrencies #DigitalAssets

Crypto Exchanges: Importance, Process & Benefits of Crypto KYC

Crypto exchanges explained- importance, how Crypto exchanges KYC in crypto works, its pros & cons, and top platforms to trade securely and legally.

https://www.finowings.com/Crypto-Currency/crypto-exchanges

#Cryptoexchanges #cryptoexchangesfinowings #cryptokyc #cryptoexchangesbenifits

BlockBlasters je jeu qui vole vos crypto par l'intermédiaire de valve ... Null n'est a l'abri et Steam est visé aussi, a bon entendeur ...

https://www.generation-nt.com/actualites/steam-malware-blockblasters-cryptomonnaie-piratage-2062807

#steam #jeuvideo #security #cryptoExchanges

Comment un jeu "vérifié" sur Steam a-t-il pu voler les dons d'un streamer malade ?

GNT est le portail Hi-Tech français consacré aux nouvelles technologies (internet, logiciel, matériel, mobilité, entreprise) et au jeu vidéo PC et consoles.

Génération NT

Crypto and Regulation - Wake up People!

"the crypto ecosystem poses real and growing challenges. An approach to crypto regulation that prioritizes public safety and long-term economic resilience is not only sound policy, but a necessary safeguard for the broader economy."

See Table 2 - Example Policy Recommendations towards the bottom of this piece - it's good.

One important measure would be prohibiting elected officials and high-level public servants from holding or promoting cryptocurrencies while in office. Doing so would help preserve impartial policy making and reinforce public trust. Examples:
1) Requiring public financial disclosures of crypto holdings by officials.
2) Banning crypto token launches, endorsements, or promotional activities by officeholders.
3) Prohibiting elected officials from investing in or advising crypto firms while in office.

https://www.brookings.edu/articles/protecting-the-american-public-from-crypto-risks-and-harms/ #Crypto #CryptoRegulation #CryptoPolicies #memecoins #stablecoins #CryptoExchanges #BlockChain #Brookings

South Korea's FSC allows coin liquidation for non-profits and exchanges, tightens listing criteria to protect investors from meme coins and market manipulation.
#YonhapInfomax #VirtualAssetRegulation #CoinLiquidation #ListingCriteria #FinancialServicesCommission #CryptoExchanges #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=61355
Coin Liquidation for Schools and Exchanges Allowed from Next Month, Listing Reviews to be Tightened

South Korea's FSC allows coin liquidation for non-profits and exchanges, tightens listing criteria to protect investors from meme coins and market manipulation.

Yonhap Infomax

Als je crypto's hebt, pas dan op.

#Cryptoexchanges zijn onlangs getroffen door #phishingaanvallen, waarbij persoonlijke #gebruikersdata werd gestolen en verhandeld op het #darkweb. Dit vormt een serieuze dreiging voor de privacy en veiligheid van crypto-gebruikers wereldwijd. Lees meer over hoe je jezelf kunt beschermen: https://www.ccinfo.nl/menu-nieuws-trends/darkweb/2460389_crypto-exchanges-getroffen-door-phishing-data-verkocht-op-het-darkweb

Crypto-exchanges getroffen door phishing, data verkocht op het darkweb / Darkweb / Menu Nieuws & Trends | Cybercrimeinfo (ccinfo.nl)

Crypto-exchanges zijn getroffen door phishingaanvallen, waarbij gebruikersdata op het darkweb wordt verhandeld. Lees hoe deze datalekken de veiligheid bedreigen en hoe je jezelf kunt beschermen.