Crypto is not just an asset in South Korea; it is a way of life. With over 18 million people trading digital assets, volumes surpass those of the nation’s two major stock markets, the Kospi and Kosdaq. Crypto has become a political force. And with South Korea standing in front of election week, there’s one … Read more
BCP Technologies, a United Kingdom-registered cryptocurrency firm, has launched a new British pound-backed stablecoin following a 14-month review in the Financial Conduct Authority’s (FCA) regulatory sandbox. The company revealed the rollout of its Tokenised GBP (tGBP) stablecoin in an announcement shared with Cointelegraph on June 3. TGBP is now live on BCB Technologies-operated crypto trading … Read more
In the month of May, two separate and distinct markets told contrasting stories for the crypto industry. Activity with venture capital slowed and sank to the weakest level we have seen for the year so far. But the market for mergers and acquisitions did the exact opposite, surging to new heights, driven by a blockbuster … Read more
Key takeaways: A gold-like five-point breakout structure is making a strong case for an Ethereum price boom. Ethereum is also repeating its 2016–2017 fractal and could rally to $5,000–$6,000 if the pattern holds. Fading Solana hype and rising institutional inflows are boosting Ethereum’s fundamental strength. Gold fractal furthers Ethereum’s bull case A multi-year gold fractal … Read more
As market sentiment teeters between cautious optimism and sudden volatility, a handful of cryptocurrencies are showing signs of breakout potential. With tight consolidations, emerging narratives, and overlooked innovations gaining traction, some digital assets are quietly building momentum. Whether driven by utility, community backing, or strategic timing, the next leg of the crypto cycle may favor … Read more
The cross-chain interoperability solution of the Nervos Network, called Force Bridge, seems to have experienced a serious security problem that led to the theft of about $3 million worth of digital assets. The event, first pointed out by the on-chain security platform Cyvers Alerts, has led to an urgent investigation and the halting of Force … Read more
Fintech giant Revolut appears to be gearing up for a move into the crypto derivatives market as a new job posting hints at plans to build the business from scratch. A recent listing for a “General Manager (Crypto Derivatives)” role shows that Revolut is actively recruiting in London, Barcelona and Dubai. The position would oversee … Read more
Insurance companies are considering the launch of kidnap and ransom policies aimed at wealthy cryptocurrency holders, driven by increasing concerns over kidnappings of crypto entrepreneurs. K&R Insurance for Crypto Holders U.S. insurance companies are reportedly contemplating launching products specifically for wealthy cryptocurrency holders. The insurers hope these products, known as “kidnap and ransom (K&R) policies,” … Read more
Australia has implemented stringent new regulations for crypto ATM operators to combat scams and strengthen anti-money laundering (AML) measures. The updated framework introduces a cash transaction limit of 5,000 AUD and mandates enhanced customer verification and scam warnings at crypto ATM locations. AUSTRAC CEO Brendan Thomas emphasized that these measures aim to protect consumers and … Read more
Key Takeaways Coinbase delayed public disclosure of a data breach involving TaskUs until May, despite being aware since January. The breach was linked to a TaskUs employee leaking customer data in exchange for bribes. Crypto exchange Coinbase was aware of a customer data leak at its outsourcing partner, TaskUs, as early as January, months before … Read more