Breaking: Dubai Prop Firm Funded Engineer Shuts Down, Files for Bankruptcy
Key Insights Dubai-based prop trading firm Funded Engineer shuts down and plans to file for bankruptcy. The company faced earlier…
Binance Faces October Tax Trial in Nigerian Court as Legal Woes Mount
Key Insights Binance is scheduled to face tax evasion charges in a Nigerian court on October 11, with the company…
Tornado Cash Developer Denied Bail, Faces Extended Jail Time During Appeal
Key Insights Tornado Cash developer convicted of money laundering in the Netherlands, has been denied bail during his appeal process,…
Crypto App CoinStats Hit by Sophisticated Hack, 1,590 Wallets Compromised
Key Insights CoinStats reports a sophisticated cyber attack resulting in the theft of $2.2 million worth of cryptocurrency from 1,590…
ESMA: Crypto Staking Services to Require MiCA Authorization, Client Consent
Key Insights ESMA clarifies that while MiCA doesn’t specifically regulate staking, staking services fall under custody service provisions and require…
Compound Finance Site Hit by Frontend Phishing Attack, User Funds Safe
Key Insights Compound Finance’s frontend compromised, redirecting to phishing site; protocol and existing user deposits remain unaffected. Security expert warns…
EU Ends Four-Year Apple Pay Probe with Landmark Agreement
Key Insights EU antitrust regulators accept Apple’s commitments to open up its tap-and-go payment technology to rivals. Apple agrees to…
State Street Launches Low-Cost Gold Fund in Australia
Key Insights State Street Global Advisors launches Australia’s lowest-cost gold fund at 0.14% p.a. management fee. ANZ Private Bank to…
Citigroup Hit with $136 Million in Fines for Persistent Risk Management Issues
Key Insights Citigroup and Citibank fined $136 million by U.S. regulators for ongoing risk management and data governance issues. Penalties…