Business

FBI dismantles Hive malware network, saves $130 million in ransom payments
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30 January, 2023

FBI dismantles Hive malware network, saves $130 million in ransom payments

The FBI gained access to the network months ago and has been giving decryption keys to Hive victims, before finally...
EU wants banks to back every digital asset held with fiat in new prohibitive measures
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30 January, 2023

EU wants banks to back every digital asset held with fiat in new prohibitive measures

EU legislators voted in favor of a draft bill that seeks to impose new prohibitive measures to curtail banks’ involvement...
Unbounded Capital’s 2022 year in review and 2023 predictions
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30 January, 2023

Unbounded Capital’s 2022 year in review and 2023 predictions

Unbounded Capital projected that 2023 will be the year that a particular app—an existing one or one that hasn't been...
85% of UK firms applying for digital asset registration failed to meet minimum AML standards, FCA says
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30 January, 2023

85% of UK firms applying for digital asset registration failed to meet minimum AML standards, FCA says

The FCA revealed that 5% of firms that had applied for authorization were accepted on the first attempt, while 85%...
Ireland central bank governor calls digital currencies ‘gambling,’ likens them to Ponzi schemes
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30 January, 2023

Ireland central bank governor calls digital currencies ‘gambling,’ likens them to Ponzi schemes

Echoing BoE Governor Andrew Bailey, Irish central bank's Gabriel Makhlouf warns about the volatility of digital currencies and has called...
Indonesia’s new law could see virtual currencies classified as securities
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30 January, 2023

Indonesia’s new law could see virtual currencies classified as securities

The new regulation signed into law on January 12 indicates that digital assets could be treated as securities, which meant...
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