Crypto News

The South Korea AI Basic Act, set to take effect on January 22, 2025, regulates high-impact AI systems affecting safety and rights but faces criticism from the tech industry for vague guidelines and tight preparation timelines. South Korean tech firms highlight insufficient time and unclear definitions for compliance. High-impact AI includes energy, biometrics, and health […]

South Korea extradited a 29-year-old Lithuanian hacker accused of stealing over 1.7 billion won (about $1.8 million) in cryptocurrency through malware that swapped wallet addresses during transactions, infecting over 3,100 wallets worldwide from 2020 to 2023. Suspect used KMSAuto malware, disguised as Windows activation tool, downloaded over 2 million times globally. Hacking technique altered memory […]

An Australian federal court ordered NGS Crypto, a crypto-based retirement platform, to immediately shut down operations after discovering it operated without a required financial services license, breaching laws and posing serious risks to over 450 investors. Australian regulators identified unlicensed financial services and misleading promises of 16% fixed returns. The court mandated winding up the […]

Uniswap’s UNIfication upgrade is now live on mainnet, burning 100 million UNI tokens worth $635 million from the treasury. This activates fee switches on v2 and select v3 pools, directing proceeds to ongoing UNI burns while setting Labs interface fees to zero. Uniswap UNIfication upgrade burns 100M UNI tokens from treasury on December 28, 2024, […]

Jesse Knutson, Head of Operations at Bitfinex Securities, predicts strong growth for the tokenized real-world assets (RWA) market in 2026, driven primarily by adoption in emerging market economies. This expansion addresses capital access challenges through blockchain tokenization, enabling fractional ownership and efficient on-chain funding without traditional intermediaries. Emerging markets lead tokenized RWA adoption: Knutson highlights […]

An Ahmedabad doctor lost Rs 63 lakh to a fraudulent investment scheme promising high returns on digital assets. Scammers used WhatsApp groups and fake apps to build trust before demanding extra payments for withdrawals, highlighting rising cyber fraud risks in India. Rs 63 lakh loss: 69-year-old doctor targeted via WhatsApp by fake investment advisor. Scammers […]

Midnight Protocol, launched by Cardano creator Charles Hoskinson, is a cross-blockchain privacy solution using zero-knowledge proofs to enhance privacy on Bitcoin, XRP Ledger, and Cardano. It enables compliant private DeFi transactions, potentially boosting Cardano’s ecosystem tenfold while targeting the $10 trillion real-world assets market. Midnight Protocol integrates zero-knowledge proofs for regulatory-compliant privacy across blockchains like […]

Ethereum FOMO is building as validators turn net positive for the first time in four months, with 685,969 entering versus 407,034 exiting, creating a surplus of 278,935. This shift signals rising confidence after weeks of market consolidation between $2.6k and $3k. Ethereum validators show net positive queue, first since August, indicating growing network participation. BitMine […]

Ethereum Price Analysis indicates $ETH is trading range-bound between $3,090 resistance and $2,876 support levels. Liquidity heatmaps highlight institutional interest in these zones, while the long-term trendline near $1,700 serves as a critical accumulation area, influencing market behavior. Ethereum faces $3,090 resistance and $2,876 support in range-bound trading. Liquidity heatmaps show institutional interest at major […]