Security News

Two top-level Hong Kong financial regulators have co-announced their intent to adopt reporting requirements set by the European Securities and Markets Authority (ESMA) for crypto over-the-counter (OTC) derivatives. On Sept. 26, the Hong Kong Monetary Authority (HKMA) and the Securities and Futures Commission (SFC) shared a plan to bring their OTC reporting requirements up to global standards […]

Almost $2 billion in tokens from major projects will be released in October, with 175.75 million Celestia tokens — worth $1.1 billion in current market prices — accounting for a huge chunk of the month’s total unlocks. According to crypto vesting tracker DropsTab, $1.1 billion Celestia tokens will be unlocked on Oct. 31. The tokens […]

New York City Mayor Eric Adams has been indicted following a federal corruption investigation, becoming the first mayor in New York’s history to be charged while in office. Adams’ indictment remains sealed and it is unclear what charges he faces, according to a Sept. 25 report from The New York Times which cited sources familiar with the […]

The United States Department of Justice must put a share of its massive $4.3 billion settlement with Binance toward a fund for victims of state-sponsored terrorism, a lawsuit claims. On Sept. 25, four people who are the victims or family of victims of state-sponsored terrorism sued the DOJ in a Washington, DC federal court claiming it improperly […]

Blockchain-based inflation data platform Truflation confirmed it suffered a malware attack, with blockchain analysts estimating it lost up to $5.2 million. “The Truflation team detected some abnormal activity. An attacker launched an attack using malware,” the project said in a Sept. 25 X post. Truflation added it was monitoring the incident and is taking measures to […]

Global banking conglomerate Societe Generale has partnered with Bitpanda, to grow crypto and stablecoins into a key component of the global financial system. Bitpanda will work with the banking conglomerate’s blockchain subsidiary, Societe Generale-FORGE, to advance the mainstream adoption of its euro-denominated stablecoin EUR CoinVertible (EURCV). The partnership is a crucial step in making stablecoins […]

Polygon will host Assetera, Europe’s first blockchain-based regulated secondary market for tokenized real-world assets (RWAs). Assetera is regulated by the Austrian Financial Market Authority. It will deploy smart contracts developed in-house on the blockchain. Assetera will target retail, professional, and institutional clients, offering tokenized financial instruments — transferable securities, money market instruments, fund units and […]

Coinbase’s lobbying group, Stand With Crypto, has retracted its labeling of Kamala Harris as “supports crypto” on its website and says it has now changed how it scores politicians following strong backlash. The group, which publishes its rankings of United States politicians on their support of crypto based on public comments, gave the Democrat’s presidential […]

More than 40 United States Republicans have called on the US securities regulator to rescind its “disastrous” Staff Accounting Bulletin No. 121 rule after a repeal bill received bipartisan support before being vetoed. SAB 121 upends custody rules for cryptocurrencies, weakens consumer protections, and stifles financial innovation, House Financial Services Committee Chair Patrick McHenry, Senator […]

Green United LLC has lost its bid to dismiss a lawsuit from the United States Securities and Exchange Commission, which has accused its executives of operating a fraudulent crypto mining scheme that raked in $18 million from investors. Defendants Wright Thurston and Kristoffer Krohn — who operated cryptocurrency mining firm Green United LLC — were […]