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author

Article by Steve Kaaru

NYDFS to charge digital asset firms for supervision
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19 April, 2023

NYDFS to charge digital asset firms for supervision

First proposed in December, the new regulation was adopted this week and allows the New York Department of Financial Services...
Digital Currency Group’s Luno exchange cuts off Singaporean users
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19 April, 2023

Digital Currency Group’s Luno exchange cuts off Singaporean users

After laying off 35% of its staff in January, Luno is now ceasing its services in Singapore amid increased regulatory...
Australians lost $150M to digital assets scams in 2022
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19 April, 2023

Australians lost $150M to digital assets scams in 2022

A recent report by the ACCC revealed that scammers swindled $2.1 billion in 2022—a new record—with investment scams accounting for...
EU lawmakers want Europe, US to regulate ‘very powerful AI’
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19 April, 2023

EU lawmakers want Europe, US to regulate ‘very powerful AI’

Members of the European Union Parliament want the EU Commission and President Joe Biden to lead the development of governance...
Digital asset phishing scams shot up 40% in 2022: report
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19 April, 2023

Digital asset phishing scams shot up 40% in 2022: report

Kaspersky found over 5 million phishing attempts, up from 3.6 million a year ago despite the 2022 market turmoil, even...
Nigerian stablecoin payments startup Lazerpay shuts down
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19 April, 2023

Nigerian stablecoin payments startup Lazerpay shuts down

Lazerpay’s funding attempts failed, with one of its investors’ funds held up in the FTX collapse, and despite November layoffs,...
The future of Web3 gaming rests on Asian gamers: report
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18 April, 2023

The future of Web3 gaming rests on Asian gamers: report

The DappRadar report found that most of the blockchain gaming is in Asia. It also found that gamers care more...
Montana passes ‘right to mine’ bill to protect miners
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18 April, 2023

Montana passes ‘right to mine’ bill to protect miners

The bill sailed through the Montana Senate and House and now sits at the governor’s desk to be signed into...
Hackers mint 1 quadrillion yUSDT in $11.6M Yearn Finance exploit
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17 April, 2023

Hackers mint 1 quadrillion yUSDT in $11.6M Yearn Finance exploit

The hackers exploited a vulnerability in an outdated Yearn Finance contract, minted the yUSDT and swapped it for millions of...
Arizona governor vetoes bill offering tax reprieve for miners
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17 April, 2023

Arizona governor vetoes bill offering tax reprieve for miners

Governor Katie Hobbs vetoed the bill on the eve of her first 100 days in office, saying it prevents local...
Basketball legend Shaquille O’Neal served FTX lawsuit after 5-month chase
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17 April, 2023

Basketball legend Shaquille O’Neal served FTX lawsuit after 5-month chase

Shaquille O'Neal had reportedly been running and hiding from process servers who took to camping outside TV studios and attacking...
Zambia’s digital asset regulation tests to end in June
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16 April, 2023

Zambia’s digital asset regulation tests to end in June

ICT Minister Felix Mutati says the country is concluding tests that stimulate real-world digital asset use as a first step...

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