Binance launches anti-scam campaign after Hong Kong pilot run
    04 Mar 2023
    625 Views

    The new campaign features a withdrawal warning message that attempts to prevent users from sending their crypto to scammers. Binance, in cooperation with law enforcement agencies, is launching a campaign to prevent scams by issuing targeted alerts to potential victims, according to a March 3 blog post from the company. The project, called the “Joint Anti-Scam Campaign,”…

    DeFi to be examined at inaugural CFTC tech advisory meeting: Finance Redefined
    04 Mar 2023
    618 Views

    French police arrested two individuals in connection with the Platypus exploit in the month of February. Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you significant developments over the last week. DeFi will be in focus during the inaugural Commodity Futures Trading Commission (CFTC) tech advisory…

    US lawmaker behind crypto mining legislation urges Zuck not to offer metaverse to teenagers
    03 Mar 2023
    576 Views

    A letter from two U.S. senators cited reports of Instagram being behind many teenagers experiencing suicidal thoughts, and Meta’s failure to stop harmful ads aimed at young adults. Two United States senators have penned a letter asking Meta CEO Mark Zuckerberg to halt a plan to allow young adults to access the firm’s metaverse platform,…

    U.S. lawmakers argue SEC accounting policy places crypto customers at risk
    03 Mar 2023
    464 Views

    While the bulletin was intended to provide clarity regarding the accounting treatment for digital assets, it has been criticized by both lawmakers and regulators. Two United States lawmakers have criticized crypto accounting guidelines outlined by the securities regulator, arguing it places crypto customers at greater risk of loss. The guidelines came from the United States…

    Bitcoin price slides 5% in 60 minutes amid Silvergate uncertainty
    03 Mar 2023
    447 Views

    The price of BTC has fallen a steep 5% in 60 minutes in the early hours of Mar. 3, wiping $22 billion from Bitcoin’s market cap. The price of Bitcoin (BTC) has fallen more than 5% from $23,500 to $22,240 in just over 60 minutes, amid a wave of uncertainty concerning crypto-friendly bank Silvergate Capital….

    Decentralized finance to be examined at inaugural CFTC tech advisory meeting
    02 Mar 2023
    442 Views

    A panel at an upcoming advisory meeting for the financial regulator will “explore issues in decentralized finance.” The United States commodities regulator is set to take a close look at the decentralized finance space at an upcoming meeting of its tech committee, where it has also invited crypto industry executives to present. The Commodities Futures…