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Article by Steve Kaaru

FCA issues tougher ad rules for risky assets, pledges to target digital assets next
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4 August, 2022

FCA issues tougher ad rules for risky assets, pledges to target digital assets next

FCA published new guidelines prohibiting flashy ads that don’t portray the risks that such investment comes with, and digital assets...
Federal insurance doesn’t cover digital asset companies, FDIC clarifies
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3 August, 2022

Federal insurance doesn’t cover digital asset companies, FDIC clarifies

FDIC insurance doesn’t protect against insolvency, default, or bankruptcy of any non-bank entity such as digital asset exchanges, custodians, or...
Axie Infinity CEO moved AXS tokens before revealing $625M hack: report
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3 August, 2022

Axie Infinity CEO moved AXS tokens before revealing $625M hack: report

Founder Trung Nguyen moved 48,000 AXS tokens after the $600 million hack was discovered but before the company came clean,...
UK gov’t accused of abandoning national detained in Saudi over North Korea digital currency conference links
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3 August, 2022

UK gov’t accused of abandoning national detained in Saudi over North Korea digital currency conference links

The U.K. national is detained in Saudi under the request of the U.S. government after they were identified as having...
CoinGeek Backstage with Xiaohui Liu: Bitcoin is a well-oiled machine, no other network can measure up
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2 August, 2022

CoinGeek Backstage with Xiaohui Liu: Bitcoin is a well-oiled machine, no other network can measure up

sCrypt founder and CEO Xiaohui Liu marveled at how Bitcoin is open-source and lets rival networks take from it what...
CoinFLEX exchange cuts staff amid $84M margin call dispute with Roger Ver
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2 August, 2022

CoinFLEX exchange cuts staff amid $84M margin call dispute with Roger Ver

The cuts will reduce overheads by up to 60%, CoinFLEX says, further hinting at acquisition possibility even as its $84...

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