Private Keys

Grand Base token suffered a $2 million loss in a hacking incident, resulting in a 99% price plummet and significantly undermining community confidence in its security protocols.

Ukrainian authorities have dealt a major blow to corruption, seizing over $1.5 million worth of cryptocurrency from Yurii Shchyhol, the former head of the State Special Communications Service. This decisive action, targeting a high-ranking official, underscores the country's unwavering commitment to purging its political system of graft.

Singapore's central bank head forecasts the decline of private cryptocurrencies for their unreliability. He envisions a future with regulated coins and central bank digital currencies, echoed by Rao, from India's Reserve Bank. The FSB flags risks from complex crypto firms, emphasising the need for robust regulations. The shift towards regulated digital currencies is clear, yet strong oversight remains crucial.

Ravi 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.

Santander Private Banking International, a division of Banco Santander, has unveiled a groundbreaking service, allowing high-net-worth clients, particularly those with Swiss accounts, to trade and invest in major cryptocurrencies such as Bitcoin (BTC) and Ethereum (ETH).

Mastercard introduces NFT certificates, Hang Seng Bank launches a digital wallet, and the Insurance Private Chain for the e-HKD pilot programme.

Russian lawmakers are considering a ban on private citizens participating in cryptocurrency mining, with a focus on legalizing mining for registered businesses. This move comes as the Industrial Mining Association is established to influence the industry's trajectory and improve taxation for industrial miners. The integration of cryptocurrencies into the Russian economy may take some time but is expected to increase in state transactions and trade activities.

Circle, a major stablecoin issuer, to discontinue private consumer accounts, directing attention to institutional and business services amid industry speculation.

The recent Vitalik’s AMA session was a great opportunity to learn more about him in the community and even about his private life.

Crypto wallets serve as the digital equivalents of traditional bank accounts, but it is the undeniable truth that using a crypto wallet is a double-edged sword.