Wealth managers and VCs are helping drive institutional crypto adoption — Wave Financial execs
“Things are much more encouraging, even though this is clearly a time of pain," said Wave Financial’s head of business development Mike Jones.
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FBI Issues Alert Concerning Malicious State-Sponsored North Korean Hackers Targeting Crypto Firms
On April 18, the Federal Bureau of Investigation (FBI), the U.S. Treasury Department, and the Cybersecurity and Infrastructure Security Agency (CISA) published a Cybersecurity Advisory (CSA) report concerning malicious North…
Digital Ruble ‘Much Needed,’ Russia’s Central Bank Says, Won’t Delay Testing
The Central Bank of Russia has emphasized the importance of moving forward with its digital ruble project. According to a statement by a top representative, the monetary authority has no…
OFAC Update Claims Ronin Hack Is Tethered to North Korea’s Hacker Syndicate Lazarus Group
According to the U.S. Treasury and the Office of Foreign Assets Control (OFAC), the recent Ronin bridge hack may have been tied to the North Korean hacker syndicate called Lazarus…
Over 80% of African Users on Mineplex Reportedly Interested in Buying Goods With Staked Crypto
A report says over 80% of African users on the Mineplex marketplace have shown an interest in the platform’s commodity staking program since launch. Zero Fee Alternative According to a…
Report: Traditional Banks in Africa Hold Trust Advantage Over Fintechs
A recent report by CR2 on Africa’s fintech transformation suggests traditional financial institutions can still be a part of the fintech financial revolution if they leverage one of their most…
Digital Euro Should Be Attractive But Not ‘Too Successful,’ ECB’s Panetta Says
The digital euro should be an attractive means of payment but its design should prevent it from becoming so successful as a store of value that it threatens banks and…
Colombian Government Might Take Unused Funds From Bank Accounts Inactive for a Year
The budget law for the next year, which was recently approved by the Colombian representative’s chamber, includes a controversial article that allows the state to confiscate a bank customer’s funds…
Nigeria CBDC Countdown: Central Bank Delays E-Naira Rollout
A spokesperson for the Central Bank of Nigeria (CBN), Osita Nwanisobi, has said the launch of the much-hyped e-naira central bank digital currency (CBDC) has now been postponed to a…
IRS Agent Poses as Bitcoin Trader Called ‘Mr. Coins,’ Biden’s IRS Wants ‘Outflow and Inflow’ Data From Banks
Over the last few weeks, Americans have read about the U.S. Internal Revenue Service (IRS) upping its tax enforcement to catch cryptocurrency users who have not paid taxes. According to…