Skip to content Skip to sidebar Skip to footer

News

freepik  candid image photography natural textures highly r  42416

Crypto Hacks Plummet to $24.7M in December, Marking 2024’s Lowest Monthly Loss: Reports

Key Takeaways: Crypto hack losses dropped to $24.7 million in December 2024, the year's lowest, reflecting a 71% decline from November’s $85.53 million, likely due to stronger security measures. Despite this improvement, 165 Web3 attacks caused $2.3 billion in losses for 2024, a 40% rise from 2023, though $1.3 billion was recovered using advanced forensics.…

Read more

1208d1aa5ad102c44150480ebd83ad4a XL

Investment Banking Giants Morgan Stanley Considers Adding Crypto Trading to Services 

Morgan Stanley’s retail brokerage arm E*Trade is considering adding crypto trading to the services it offers its clients per report from the information.  A proposed onboarding into crypto trading for Morgan Stanley, a world-leading investment bank with over $1.5 trillion in Assets Under Management (AUM) has sparked a lot of excitement and speculation in the…

Read more

Brazilian Government Investigates Binance

Binance Becomes First Crypto Exchange to Obtain a Broker License in Brazil 

Binance, the largest crypto exchange by Market capitalization announced that it has secured approval from the Central Bank of Brazil for the acquisition of a locally licensed broker-dealer institution in the country.  Binance announced the development via its official website remarking that the approval marks the firm's 21st global regulatory milestone.  “ In a development…

Read more

freepik  candid image photography natural textures highly r  24900

Memecoins Reshape Digital Asset Markets with Explosive Growth: DWF Labs Report

The rise of memecoins has transformed the cryptocurrency landscape, merging social dynamics and financial markets to create a new model for value creation. From Dogecoin's satirical origins to a $120 billion sector in 2024, memecoins now challenge traditional asset classes by prioritizing community engagement over institutional backing. Market Growth and Institutional Interest “The memecoin sector…

Read more

tether eu mica

Blockchain Consultant Calls for Moderation and Strategic Timing from MICA over Spat with Tether

Alex Pawlowski, Managing Director at Ascent Partner called for a moderate approach and strategic timing from Europe's MICA in its ongoing spat with Tether (USDT). On the 30th of December 2024, Tether the largest stablecoin issuer in the world became officially non-compliant following stringent measures for stablecoins put in place by European Union’s Markets…

Read more

Jolani

Syria’s Transitional Government Proposes Plan to Legitimize Bitcoin and Digitize Local currency

The Syrian Centre for Economic Research under the transitional government of Syria proposed a bill seeking to legitimize Bitcoin in the country and Digitize the nation's Local currency.  The Bill titled “ Bitcoin Policy in Syria” looks to accelerate reconstruction, ensure market freedom, and protect Syrian citizens from inflation and currency devaluation.  The Bill also…

Read more