Australia’s financial regulator, ASIC, seeks High Court appeal in the Block Earner case to clarify the definition of a ‘financial product’ in the context of crypto-linked services.
Category: Blockchain
Synthetix Abandons $27M Derive Acquisition Amid Community Objections
Synthetix terminated its proposed $27 million acquisition of crypto options platform Derive due to concerns raised by both the Synthetix and Derive communities regarding the deal’s terms and perceived value.
Pakistan Establishes Digital Asset Authority to Regulate Cryptocurrency Market
Pakistan’s Ministry of Finance has approved the establishment of the Pakistan Digital Assets Authority (PDAA) to regulate the burgeoning cryptocurrency market, aiming to protect consumers, attract investment, and foster innovation.
Microsoft Dismantles Lumma Stealer: A Major Blow to Cybercrime
Microsoft has taken decisive legal action against the Lumma Stealer malware, disrupting its infrastructure and seizing control of critical websites. Here’s what you need to know about this major victory against cybercrime.
Banco Industrial Integrates Blockchain for Cross-Border Payments in Guatemala
Guatemala’s largest bank, Banco Industrial, partners with SukuPay to integrate blockchain technology into its mobile app, Zigi, enabling instant and affordable remittances from the US.