One of the most egregious triggers for account restrictions is the failure to meet KYC requirements, particularly the “proof of funds” provision. While KYC is a critical component of anti-money laundering (AML)…
This approval designates Binance as a licensed broker-dealer in Brazil, allowing it to acquire Sim;paul, a São Paulo-based investment platform authorized to distribute securities and issue electronic money. Binance became…
As the cryptocurrency market continues to evolve, exchange tokens are playing a vital role in shaping the industry’s future. Hence, this review of the performance of four major exchange tokens—Binance…
The licensing showcases Hong Kong’s friendly approach to digital assets regulation, compared with mainland China’s restrictive approach. Hong Kong has also been proactive, as Eric Yip, SFC’s Executive Director of…
According to a Friday statement by Germany’s Federal Criminal Police Office (Bundeskriminalamt, or BKA) and the Attorney General’s Office in Frankfurt, the targeted exchanges were allegedly involved in concealing the…
In a surprising update published on its website on Friday 20 July 2023, Bundle, a popular “social payment for cash and crypto” in Nigeria and over 30 African countries, announced…
The United States Securities and Exchange Commission (U.S SEC) and Binance, the biggest digital asset exchange in the world, have both agreed that Binance.US would be allowed to access funds…
Patricia, an alternative payment solutions company that is known to offer crypto-trading and gift-card services, has suffered a hack, according to its 27-March-2023 notice to users via its Twitter handle…
In this article, we focus on the five biggest crypto hacks in history. These hacks involve large-scale attacks on various cryptocurrency exchanges and blockchain networks.
Decentralized exchanges or DEXs are a type of cryptocurrency exchange that operate on a decentralized blockchain network. This means that on a decentralized exchange, there is no central authority or…