Indonesia considering Telegram ban over lack of moderation
Telegram has reportedly failed to improve moderation and issue a resolution over illicit content distribution after several requests from Indonesia.
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Crypto asset manager Cobo raises $40M to launch DeFi-as-a-service
Despite a blanket ban in China and regulatory crackdowns on exchanges in Korea, Asia remains a hotbed for crypto investments. 447 Total views 4 Total shares Digital asset manager Cobo has raised $40 million to advance institutional pathways to decentralized finance products, offering compelling evidence that more Asia-Pacific investors are seeking secure access to the…

Crypto Exchange Bitfinex Denies Rumors of ‘Insolvency’ and ‘Banking Issues’
Major crypto exchange Bitfinex has responded to a recent swathe of online rumors, denying that the firm is “insolvent” or facing banking issues, in an official blog post published October 7.Bitfinex’s rebuttal comes in the wake of last week’s reports that the exchange’s banking partner, Puerto Rico’s Noble Bank International, is seeking a buyer and…

SEC Alleges Minority Communities Targeted By Bottled Water Scam
The United States Securities and Exchange Commission has charged a former pastor and his wife for stealing $500,000 through a trio of fraudulent businesses, including a cryptocurrency offering purportedly backed by a bottled water business.According to a complaint filed on April 2, the pair also sold fake shares in their struggling water business, Teshuater, in…

OPNX token spikes 50% after Su Zhu unexpectedly posts a 'gm' on Twitter
The OX token hit a price high not seen since co-founder Su Zhu was arrested in late September. 259 Total views 2 Total shares Open Exchange Token (OX), the native token of the crypto bankruptcy claims platform OPNX, spiked 50% just 20 minutes after co-founder Su Zhu supposedly posted to X (Twitter) for the first

Is Bitcoin price going to crash again?
Bitcoin (BTC) is still in a bullish reversal when looking at this year's price chart. BTC price has gained 70% after bottoming out at around $16,800 in November 2022, defying rate hike fears while riding on growing ETF approval optimism. However, in recent months, Bitcoin bulls have failed to sustain BTC price above $30,000. Therefore, with the

Nasdaq reportedly prepares for crypto custody services for institutions
The firm reportedly created a new group focusing on digital assets and onboarded Ira Auerbach, who previously worked at Gemini, to lead the unit. 381 Total views 16 Total shares As more institutions become interested in dabbling in cryptocurrencies, multinational financial services firm Nasdaq has reportedly started its preparations to offer digital asset custody services…

Coinbase unveils its Digital Asset Policy Proposal to spark conversation around comprehensive crypto regulation
One of the crypto industry's major players seeks to boost the public debate on how to best fit digital assets into the regulatory perimeter. 57 Total views 3 Total shares On Oct. 14, cryptocurrency exchange platform Coinbase published its Digital Asset Policy Proposal, a document offering both a justification and conceptual framework for comprehensive regulation…

DeFi protocol Nexera hacked for $1.5 million via smart contract exploit
Nexera’s token contract has been paused and the team advises crypto investors to stop trading the NXRA token.