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SBI VC Trade Acquires DMM Bitcoin Assets Following $320M Cyberattack

Key Takeaways SBI VC Trade will acquire DMM Bitcoin’s assets after a May 2024 cyberattack. Investigators linked the $320 million bitcoin theft to North Korea’s TraderTraitor group. The transfer, scheduled for March 2025, will ensure seamless account migration and improved security. SBI VC Trade, a Japanese cryptocurrency asset management company, announced it will acquire the assets…

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Animoca Brands Hit by X Account Hack: Urgent Warning Issued to Users on Fake Solana Token Scam

Animoca Brands warns users of a hack on Chairman Yat Siu’s X account promoting a fake Solana token. Learn how to protect yourself and verify information. Key Takeaways The hacked X account has been secured, with no compromise of Animoca Brands’ official platforms. Community members are advised to rely on official channels for updates.…

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Bitcoin Reserves Spark Debate: U.S. States and Trump’s National Crypto Plan Take Shape

In a groundbreaking move, several U.S. states are actively considering the establishment of strategic Bitcoin reserves, aligning with President-elect Donald Trump's federal initiative to create a national Bitcoin stockpile. This development marks a significant shift in the adoption of cryptocurrency within governmental financial strategies. Pennsylvania's Legislative Proposal On November 12, Pennsylvania State Representative Mike…

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BNB Chain Achieves 58.2% TVL Growth and Security Milestones in 2024 Annual Report

Explore BNB Chain’s 2024 highlights, including scalability advancements, a 58.2% TVL surge, and security improvements, as it leads blockchain innovation into 2025. SINGAPORE, December 23, 2024 The BNB Chain ecosystem experienced a transformative 2024, marked by significant milestones in scalability, developer support, and ecosystem growth. Consolidating under the "One BNB" multichain strategy, the platform made…

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Turkey Rolls Out Stricter Crypto Rules to Fight Money Laundering by 2025

Key Takeaways: Turkey’s new crypto rules, effective January 1, 2025, target money laundering and boost transparency. Exchanges must verify identities, monitor transactions, and report suspicious activities to authorities. Non-compliance risks fines or license loss, ensuring market stability and investor protection. Turkey has introduced tougher cryptocurrency regulations to combat money laundering and terrorism financing. The rules,…

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