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KyberSwap hacker demands complete control over Kyber company

Update Nov. 30 1:10PM UTC: This article has been updated to add details on the hackers demands.The hacker behind the $46-million KyberSwap exploit has finally released their conditions for the return of the stolen funds, which include “complete executive control” over the Kyber company.On Nov. 30, the KyberSwap hacker sent

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Binance to Make ‘Complete Exit’ From U.S., Pay Billions to FinCEN, OFAC on Top of DOJ Settlement

Crypto exchange Binance will leave the U.S., pay billions in fines and appoint a monitor for five years to settle charges with the Financial Crimes Enforcement Network (FinCEN) and Office of Foreign Asset Control (OFAC), the U.S. Treasury Department's money laundering and sanctions watchdogs, according to press releases shared Tuesday. Source

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Israel, Hong Kong complete retail CBDC test emphasizing privacy, inclusivity

The Bank for International Settlements and the central banks of Hong Kong and Israel released the results of Project Sela on Sept. 12. The project was a public-private partnership that used private intermediaries to create a retail central bank digital currency (rCBDC) combining the desirable characteristics of cash and the

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New York Federal Reserve, major U.S. banks successfully complete private test using DLT

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The New York Federal Reserve and several large U.S. banks have successfully conducted an experiment using distributed ledger technology (DLT) to facilitate domestic and international transactions among various financial institutions. The “regulated liability network” experiment According to Bloomberg, the

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Zambia to Complete Testing Real-Life Crypto Usage Simulations by June — Government Minister – Bitcoin News

Zambia is set to complete real-life crypto usage simulations by the end of June, Felix Mutati, the country’s science and technology minister has said. The Zambian minister said his country is seeking a balance between innovation and consumer protection. Zambia Needs to Build Digital Infrastructure Before It Introduces Crypto According to

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Former Treasury Official Warns of Complete Economic Implosion if US Dollar Loses Global Reserve Currency Status – Economics Bitcoin News

Former Assistant Secretary for Public Affairs for the U.S. Department of the Treasury Monica Crowley has warned of “catastrophic” consequences if the U.S. dollar loses its status as the world’s reserve currency. “That would mean the end of the U.S. dollar,” she said, predicting that “there would be a complete

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