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U.S. Treasury Warns That DeFi Used by North Korea, Scammers to Launder Dirty Money

// In an expected risk assessment, published Thursday, the Treasury Department said thieves, scammers, ransomware cyber criminals and actors for the Democratic People’s Republic of Korea (DPRK) are using DeFi to launder proceeds from crime. 在上週四發布的一份預期風險評估中,美國財政部表示,盜賊、詐騙者、勒索軟件網絡犯罪分子以及北韓政權(DPRK)的人員正在利用去中心化金融(DeFi)來洗錢犯罪所得。 https://www.reddit.com/r/CryptoCurrency/comments/12dlumw/us_treasury_warns_that_defi_used_by_north_korea/ //

OP Crypto Raises $28 Million

// The OP Crypto Fund of Funds (FoF), which calls itself the “first crypto ventures fund of funds focused on investing in emerging managers on a global-scale,” has raised $28 million. “Bridging Asia & the West by backing global blockchain… Continue Reading →

Binance Turned Down Justin Sun’s Offer to Buy His Stake in Huobi

// 消息人士進一步補充說,由於有謠言指加密交易所火幣與中國大陸有關聯,因此幣安並未表現出興趣。3月份,Justin Sun表示有意在香港獲得牌照,並表示新實體應該運營為“火幣香港”。 The sources further added that Binance didn’t show interest due to the rumors that crypto exchange Huobi has ties with mainland China. Last month in March, Justin Sun showed interest in securing a license in Hong Kong… Continue Reading →

Bitquery’s New Streaming API is Changing Web3 Infrastructure … – Bitcoin News

// With Bitquery’s APIs, Web3 builders have had access to extensive data from over 40+ blockchain networks. As the demand for blockchain data continues to grow, Bitquery has been at the forefront of providing reliable and comprehensive data to its… Continue Reading →

Bybit Expands to Hong Kong Amidst Regulatory Crackdown in US

// Dubai-based crypto exchange Bybit has recently announced plans to expand its operations to Hong Kong. Along with this expansion, the platform aims to establish a research and development forum, as well as marketing groups that will operate in the… Continue Reading →

Binance Chief, Jimmy Butler, and Other Influencers Face $1B Lawsuit for Promoting Unregistered Securities

// On similar claims, Binance and influencers including NBA Miami Heat star Jimmy Butler, and YouTubers like Ben Armstrong (BitBoy Crypto) and Graham Stephen face the charges of paying $1 billion in damages caused to customers. Moskowitz said: “We’ve been… Continue Reading →

Web3 can change the world. Why aren’t more people on board? – Yahoo Finance

// While Web3 technology has the potential to be incredibly beneficial to humanity, it is important that it is implemented and maintained responsibly. Fortunately, the development of Web3 technology is in the hands of some of the most passionate and… Continue Reading →

DeFi KYC: Not an issue as ‘99% have nothing to hide,’ industry execs say – Cointelegraph

// DeFi execs at the World of Web3 (WOW) Summit in Hong Kong argued that implementing “Know Your Customer” (KYC) measures will tackle the “biggest issue” in decentralized finance (DeFi), which is hackers laundering millions of stolen funds into “clean… Continue Reading →

Bloom and China Mobile Hong Kong partner up to drive user … – Marketing Interactive

// Bloom is a Web3-based rewards platform that enables all Visa card users to earn Bloom Coins with every purchase made globally. With this spend-to-earn process, members can redeem their Bloom Coins for over 18 different types of cryptocurrencies including… Continue Reading →

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