Myanmar's military government has proposed a life imprisonment sentence for individuals convicted of cryptocurrency scams. This move is part of a broader effort to combat financial fraud and protect investors in the rapidly evolving digital currency landscape. The proposal comes amid increasing concerns over the rise of scams
CME Group and Intercontinental Exchange (ICE) are urging U.S. regulators to investigate Hyperliquid, a cryptocurrency trading platform, due to concerns over potential market manipulation. They argue that Hyperliquid's trading practices could pose risks to market integrity, particularly in the context of its high-frequency trading capabilities. The companies
Lombard has joined a significant migration of assets, with approximately $4 billion transitioning from LayerZero to Chainlink's bridge. This shift highlights a growing trend among crypto projects seeking more reliable and secure infrastructure. The movement underscores concerns about LayerZero's capabilities and the increasing trust in Chainlink&
Saudi Arabia is initiating a project to tokenize its economy, which is valued in the trillions of dollars, as a strategy to safeguard its wealth against global economic fluctuations. The initiative aims to enhance transparency and efficiency in financial transactions while attracting foreign investment. By leveraging blockchain technology, the country
Tether co-founder and billionaire, Giancarlo Devasini, has made it onto the UK's richest people list, with a net worth estimated at £1.5 billion. His rise in wealth comes amid scrutiny over a £100,000 donation made to former UKIP leader Nigel Farage, which is currently under investigation