Wednesday, February 5, 2025
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Solana (SOL), Cardano (ADA) and Polygon (MATIC) Lead Cryptocurrency Crash After SEC Suit Against Binance and CZ

Among the allegations are that the exchange offered a number of unregistered securities to the general public, among them not just Binance’s BNB token and its BUSD stablecoin, but also Solana (SOL), Cardano (ADA), Polygon (MATIC), Coti (COTI), Algorand (ALGO), Filecoin (FIL), Cosmos (ATOM), Sandbox (AXS) and Decentraland (MANA). Source

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Centralized Exchanges (CEX) Will Lead Crypto’s Recovery, With the Right Regulations

Managing a digital asset portfolio is operationally complex, with investors requiring a comprehensive set of capabilities such as custody, trading, investment products, advisory and efficient fiat on-off ramps. In this regard, many CEXes integrate these solutions into a single platform, greatly reducing the technical complexity of owning and managing tokens

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South Korea’s lead party wants crypto disclosure laws to apply earlier: Report

A new bill mandating South Korean lawmakers and high-ranking government officials to declare their cryptocurrency holdings is expected to take effect within the next two months, said the floor leader of the country’s ruling party.On May 23, the Korean publication Yonhap News reported that People Power Party’s Representative Yun Jae-ok

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April’s crypto scams, exploits and hacks lead to $103M lost — CertiK

Crypto exploits, exit scams, and flash loan attacks saw little signs of letting up in April, with more than $103 million of funds stolen from crypto projects and investors in the month. On April 30, crypto security and auditing firm CertiK posted an April roundup of crypto exploits, scams, and hacks, revealing

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