The Korea Media and Communications Commission said Polymarket’s structure and operations amount to illegal gambling despite its noncustodial design and smart contracts. Read More at https://cointelegraph.com/news/south-korea-block-polymarket-gambling-concerns?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Category Archives: Uncategorized
BitBox patches ‘severe’ wallet flaws that could put funds at risk
BitBox recommended all users update to firmware version 9.26.5 and said it had received no reports of exploitation or fund losses. Read More at https://cointelegraph.com/news/bitbox-patches-severe-wallet-firmware-flaws?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Ethereum Foundation warns some tools may break with Glamsterdam upgrade
Developers have been urged to test on Plataberget before Glamsterdam’s new gas model reaches Ethereum’s other testnets and mainnet. Read More at https://cointelegraph.com/news/ethereum-foundation-warns-some-tools-may-break-with-glamsterdam-upgrade?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
South Korea’s Jeonbuk Bank taps Ripple for cross-border payments
Ripple is bringing its cross-border payments platform to Jeonbuk Bank, but key details including its launch status and settlement asset remain undisclosed. Read More at https://cointelegraph.com/news/jeonbuk-bank-ripple-cross-border-payments?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Alleged $165M crypto Ponzi mastermind faces US charges after Fiji deportation
Prosecutors allege Edward Zimbardi collected crypto from thousands of investors, lost over $34 million on currency trades and spent at least $10 million personally. Read More at https://cointelegraph.com/news/edward-zimbardi-165m-crypto-ponzi-fiji-deportation?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
‘Fabricated rumors’ about BitMart founder, Binance bStocks dominate: Asia Express
Binance’s bStocks are the second largest tokenized stock issuer just two months after launch, and BitMart’s internal feud erupts into the spotlight ahead of its closure Read More at https://cointelegraph.com/magazine/fabricated-rumors-about-bitmart-founder-binance-bstocks-dominate-asia-express?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
OCC approves Trump family crypto company for trust charter
The US financial regulator gave conditional approval for World Liberty Financial’s charter bid as ten Democrats signed onto a bill to “prevent corruption in banking applications.“ Read More at https://cointelegraph.com/news/occ-donald-trump-world-liberty-financial-trust-charter?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Binance to plan UK relaunch with FCA license application: Report
Binance’s UK arm has been barred from offering regulated activities in the country since June 2021, but the company will reportedly move to secure licensing under new crypto rules. Read More at https://cointelegraph.com/news/binance-uk-launch-plans-fca-license?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
CFTC seeks public input on AI compute futures contracts as CME eyes October launch
The regulatory review could shape an emerging market that lets companies and investors trade and hedge the cost of increasingly scarce AI computing power. Read More at https://cointelegraph.com/news/cftc-ai-compute-futures-cme-october-launch?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
US Treasury moves forward with rules on GENIUS Act after July deadline
The stablecoin bill signed into law last year is scheduled to go into effect in January 2027, potentially without finalized regulations from US government agencies. Read More at https://cointelegraph.com/news/us-treasury-public-comment-rules-genius-act?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound