OpenSea faces criticism for promoting the dormant Fatzuki NFT collection, sparking concerns about the platform's due diligence. The controversy, marked by a sudden surge in Fatzuki's value and echoes of past scandals, raises questions about OpenSea's motives, especially amid recent staff layoffs and the project's questionable activity since July 2023.
JixuWilfred Bonse, a politician, has been arrested for embezzling over 200 million naira from Patricia Technologies' crypto wallet, collaborating with hackers to launder funds. Despite setbacks, Patricia Technologies aims to repay customers after converting assets into Patricia Token, highlighting Nigeria's crypto awareness at 99%.
JixuThe Securities and Exchange Commission (SEC) of Thailand has implemented a trading and asset deposit halt for Zipmex, effective from 25 November, 1pm local time. This decision aligns with local regulations to ensure compliance. The suspension instructs customers seeking fund or asset withdrawals during this period to directly contact the exchange.
JoyGlobal collaboration strengthens AI security with comprehensive guidelines for development and deployment.
Hui XinTron, a fast-growing cryptocurrency network, has overtaken Bitcoin as a platform for crypto transfers associated with groups designated as terror organisations by Israel, the United States, and other countries.
JoyHTX, formerly Huobi, swiftly resumes operations, including Bitcoin transactions, after a $30 million exploit, as part of a series of security challenges in the Sun-linked crypto ecosystem.
Hui XinBinance's former CEO, Changpeng Zhao (CZ), faces travel restrictions in the U.S. as a judge rules to curb potential flight risks amidst legal proceedings.
Hui XinInferno Drainer's shutdown highlights challenges and opportunities in combating cryptocurrency fraud, leaving the community with a mix of relief and vigilance.
Hui XinRavi Menon, Managing Director of the Monetary Authority of Singapore, envisions a future with three main components: central bank digital currencies, tokenised bank liabilities, and "well-regulated" stablecoins.
BrianThe FSC will purportedly provide policy support, encouraging periodic capability evaluations for companies to enhance their anti-money laundering measures.
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