Category: Cryptocurrency

Source: Midjourney

Bank of England’s PRA Mandates Firms to Disclose Crypto Asset Exposure by 2025

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. The regulatory arm of the Bank of England (BoE), the Prudential Regulation Authority (PRA), has issued a directive requiring firms to disclose their current and future exposure to crypto assets by March 2025.… Continue reading Bank of England’s PRA Mandates Firms to Disclose Crypto Asset Exposure by 2025

Source: Pixabay

Vancouver City Council Approves Motion to Explore Bitcoin Adoption

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Vancouver City Council has made headlines by approving a motion to assess Bitcoin as part of its financial strategy. The initiative, introduced by Mayor Ken Sim, aims to evaluate the feasibility of accepting… Continue reading Vancouver City Council Approves Motion to Explore Bitcoin Adoption

Source: Midjourney

Alabama’s Bitcoin Reserve Proposal: A Step Toward Financial Innovation

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Alabama State Auditor Andrew Sorrell has proposed the establishment of a Bitcoin reserve to bolster the state’s finances and attract investment. Alabama Auditor Advocates for Bitcoin Reserve Speaking with 1819 News, Sorrell outlined… Continue reading Alabama’s Bitcoin Reserve Proposal: A Step Toward Financial Innovation

Source: Pixabay

Pastor Accused of $6M Crypto Fraud Scheme Targeting Congregants

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. On December 10, the United States Commodity Futures Trading Commission (CFTC) disclosed that it had filed a complaint against Francier Obando Pinillo, a pastor from Washington State, accusing him of orchestrating a $6… Continue reading Pastor Accused of $6M Crypto Fraud Scheme Targeting Congregants

Source: Istock

North Korean Hackers Exploit DeFi Platform Radiant Capital in $50M Heist

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Radiant Capital has confirmed that a sophisticated North Korean threat actor orchestrated a $50 million hack on its decentralized finance (DeFi) Security platform. North Korean Group Executes $50M DeFi Security Breach The attack,… Continue reading North Korean Hackers Exploit DeFi Platform Radiant Capital in $50M Heist

Telegram CEO Pavel Durov Faces Allegations in Paris Over Platform’s Role in Crimes

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Telegram CEO Pavel Durov was formally questioned in a Paris court on December 6, 2024, over allegations that Telegram facilitated illegal activities. Accompanied by his legal team, Durov attended the session amid escalating… Continue reading Telegram CEO Pavel Durov Faces Allegations in Paris Over Platform’s Role in Crimes

Source: Adobestock

Mt. Gox Transfers $2.4 Billion Bitcoin Following Major Price Surge

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Defunct cryptocurrency exchange Mt. Gox has moved over 24,000 Bitcoin, valued at approximately $2.4 billion. The transaction occurred on December 5, just after Bitcoin surpassed the $100,000 milestone. Mt. Gox Transfers $2.4 Billion… Continue reading Mt. Gox Transfers $2.4 Billion Bitcoin Following Major Price Surge