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The objective of setting up special purpose acquisition companies (SPACs) is to raise money through an initial public offering to buy another company. In…
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The interest in cryptocurrencies has grown to a large extent since 2020, and Hawaii has recorded the highest search volume in the United States….
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Today, we got the chance to chat with Sky Guo, the Co-Founder and CEO at Cypherium. In this interview, we discussed Cypherium’s goals, what…
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The interest in cryptocurrencies has grown to a large extent since 2020, and Hawaii has recorded the highest search volume in the United States. With a surge of 687% in user interest for cryptocurrencies, Hawaii leads in the United States with the highest interest in cryptocurrencies. With increasing interest…
According to the Ontario Securities Regulator(OSC), KuCoin is operating as an unregistered crypto exchange. KuCoin is among the exchanges that failed to contact the regulator by the cut-off date set by the regulator for custodial crypto exchanges operating in Canada to initiate compliance conversions. This is a big blow…
The US Department of Justice recently seized $2.3 million worth of Bitcoin from DarkSide cybercriminals, where the target was Colonial Pipeline. The FBI mysteriously obtained the private key to the specific wallet which was traced for the ransom payment. Everyone was suspicious of how the Feds received this information,…
Intergovernmental Fintech Working Group, a South African financial watchdog, will roll out plans to regulate cryptocurrencies in the country. IFWG raised concerns about decentralized platforms that have no centralized intermediary in its position paper. Luno, a popular crypto exchange in Africa, has 2.1 million customers in South Africa. The…
In the first week of June 2021, the largest meat producer in the world, JBS Holdings became a victim of a cyber attack. Criminals sneak into the company’s system and took it over. It led to the suspension of several meat plants in the US, Canada, and Australia. JBS…
El Salvador, a Latin American country, made a historic decision in the early hours of Wednesday by accepting Bitcoin as a Legal tender The bill was passed with the majority paving the way to create a parallel financial structure for the unbanked After El Salvador’s historic decision, many other…
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