Toncoin (TON) Surges Amid Telegram Integration, Becoming a Prominent Cryptocurrency
Toncoin (TON) has been experiencing a surge in value, driven in part by its integration into the Telegram platform through the cryptocurrency wallet Ton Space. Over the past month, Toncoin has gained nearly 50% in value, with an average increase of 20% in the past week and an average increase of 10% ...
PNP ACG Issues Warning on Risks of P2E Gaming: Focus on Axie Infinity and Cryptocurrency Investments
The PNP ACG has issued a warning about the potential risks of the project. Police say P2E gaming poses even more dangers than direct investment in cryptocurrency. According to media reports, 40% of Axie Infinity players are Filipinos. Many of them lost all their s ...
Central Bank of Kazakhstan Explores Digital Tenge Implementation for National Payments
In January, the regulator said the CBDC pilot will start by the end of 2023. The agency is still assessing the benefits and risks of introducing such a means of mutual settlements. The Central Bank of Kazakhstan made a presentation on the project of implementing ...
Easy Crypto Co-founder Criticizes New Zealand Banks for Intimidating Customers in Cryptocurrency Transactions
Co-founder of the cryptocurrency company Easy Crypto criticized major New Zealand banks for "intimidating customers" who make cryptotransactions. Janine Grainger announced that in the last week alone, three different banks refused Easy Crypto an account to launch the new ...
BitFlyer Fined $1.2 Million for Violating Cybersecurity Regulations by NYDFS
The New York State Department of Financial Services (NYDFS) fined cryptocurrency exchange BitFlyer $1.2 million for violating cybersecurity regulations. In 2017, BitFlyer USA, a subsidiary of BitFlyer Holdings, received a license from the New York regulator allowing the e ...
Seychelles Ministry of Finance Develops Crypto Regulatory Framework to Protect Users
The Seychelles Ministry of Finance has announced the initiation of a regulatory framework for the cryptocurrency industry in order to protect users from risks. During a meeting of the National Assembly, Finance Minister Naadir Hassan explained that the government is developing requirements for th ...
Coinbase tests ChatGPT for Smart Contract Risk Assessment
Coinbase recently tested the effectiveness of ChatGPT in evaluating the risk levels of various tokens. To conduct the experiment, Coinbase's employees analyzed 20 smart contracts of different tokens for potential risks and then compared their findings to ChatGPT's results. In 12 of the 20 cases, ...