Read latest news and tips on crypto asset security and AML regulation.
In the digital economy, new solutions are emerging to enhance payment systems. One of the most significant recent announcements is Sony’s initiative to create its own stablecoin, which will be primarily tailored for the PlayStation ecosystem. This move strengthens the link between the gaming world and Web3 technologies, promising not only to improve the user experience but also to build a bridge toward new financial […]
The introduction of the digital ruble has become one of the most discussed topics in the context of financial technology in Russia. This move attracts the attention of not only specialists but also the general public, as the transition to a digital currency promises to transform conventional economic processes. Crimea was selected as a pilot region where the experiment for implementing the digital ruble will commence. The process is planned [...]
Introduction: The Dangers of Cryptocurrency Hacks The recent Yearn Finance hack has served as yet another reminder of how critical DeFi security is for users of decentralized finance platforms. During the attack, the project lost approximately $9 million, fueling investor concerns and once again calling the reliability of smart contracts into question. Hackers exploited a vulnerability in the yETH smart contract—one of Yearn Finance's core products. Such […]
A major scandal has erupted in the crypto market concerning technical failures in the MegaETH project. During the token sale, smart contract errors led to an incorrect distribution of tokens, resulting in $500 million being raised instead of the planned $250 million. This caused chaos among investors and severely damaged the project's reputation. Such events […]
The world of cryptocurrency continues to attract investor attention, but its prospects are accompanied by significant risks. Over the past week, key events in the crypto market included the theft of $36.8 million from the South Korean exchange Upbit and the failed launch of the MegaETH project, where an error led to raising $250 million more than planned. Both incidents served as a reminder of how volatility […]
Introduction: Why is China tightening cryptocurrency regulations? China continues to be one of the strictest regulators in the cryptocurrency space. The People's Bank of China (PBOC) and other regulatory bodies have repeatedly emphasized the illegal status of cryptocurrencies, citing their links to illicit operations, including money laundering and financial fraud. The primary reason for such measures is to protect the stability of the country's financial system, as […]
Asset tokenization is already transforming not only traditional trading processes but the entire financial market ecosystem. Companies such as Nasdaq are betting on tokenized digital securities, which promise to accelerate and simplify investment processes. However, interest from regulators, including the SEC, underscores the importance of clear regulation for crypto assets. — Introduction: Why Asset Tokenization is Becoming the Top Story in the Financial World […]
Introduction: Why the Upbit Hack is a Wake-up Call for the Entire Industry The cryptocurrency industry is back in the spotlight following a large-scale hack of the popular South Korean exchange Upbit, which resulted in the theft of $36.8 million in Ethereum (ETH). The incident serves as a reminder of how seriously blockchain vulnerabilities and deficiencies in crypto exchange cybersecurity threaten user safety. This case highlights the weak […]
Asset tokenization is one of the key trends in the modern financial market, capable of becoming a bridge between the traditional economy and the crypto industry. However, this phenomenon is associated with both significant prospects and notable risks for market participants. NASDAQ's recent proposal to introduce tokenized stocks, currently under consideration by the SEC, has only intensified interest in the topic. Is this [...] so revolutionary?
Introduction: Why Stablecoins and the People's Bank of China Are in the Spotlight In recent years, stablecoins have become an integral part of the crypto economy. These digital assets, whose value is pegged to fiat currencies (such as the US dollar), play a crucial role in ensuring stability within a system prone to volatility. Despite their advantages, stablecoins have raised concerns among many regulators, including the People's Bank of China […]
Introduction: The Essence of the News and Consequences China continues to actively strengthen regulation of the cryptocurrency sector. The People's Bank of China (PBOC) has confirmed that digital assets, including cryptocurrencies and stablecoins, do not have legal status. They cannot be used as legal tender, which puts millions of users and traders at risk. The country has tightened laws to combat financial crimes, such as [...]
Introduction: The Core of the News and Its Significance for Investors Stock tokenization is one of the most discussed topics in the world of financial technology. Major players, such as Nasdaq, are particularly active in adopting this technology. The platform aims to obtain SEC approval to launch tokenized equivalents of corporate stocks. This trend promises to facilitate access to investments, as well as increase their transparency and […]
