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South Korea to Regularly Inspect Crypto Risks With New Monitoring Tools – Regulation Bitcoin News

South Korea’s financial regulator is developing new tools to regularly monitor crypto risks. The regulator warned that while the impact of the crypto market on the traditional financial system is still low, the risks posed by crypto to the country’s financial stability could increase sharply in the future. Korean Regulator Developing

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SEC Will Use All Available Tools to Crack Down on Crypto Firms That Aren’t in Compliance With Its Rules, Says Chair Gensler – Regulation Bitcoin News

The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, has revealed that the regulator will use all available tools to bring crypto platforms into compliance with its rules. In addition, the SEC chief said: “Proof of reserves is neither a full accounting of the assets and liability

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Opera launches security tools to protect users against malicious Web3 actors

Web3 browser Opera has announced a new set of security tools intended to help its users mitigate common risks associated with malicious actors in the Web3 ecosystem.The new set of security tools called Web3 Guard is a suite of browser security features that promises to protect users against malicious decentralized

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Telegram founder wants to build new decentralized tools to combat power abuse

Telegram is set to build a set of decentralized tools, including noncustodial wallets and decentralized exchanges, according to founder Pavel Durov via his Telegram channel on Nov. 30.The initiative is a response to the recent FTX collapse, said Durov, as the industry ended up being concentrated in the "hands of a

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Toda City in Japan Is Using Metaverse Tools to Combat School Absenteeism – Metaverse Bitcoin News

Toda City, located north of Tokyo in Saitama prefecture, is using metaverse-based tools to fight the absenteeism problem that Japan faces. The city includes children in virtual spaces where they can explore virtual campuses and attend classes online, while preparing to eventually rejoin regular classes again. Toda City Is Battling

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Europol Sees Tools to Tackle Crime in Cryptocurrency and Blockchain Technologies – Blockchain Bitcoin News

Abuse expands with use in the case of cryptocurrency, Europol has acknowledged while also noting that blockchain technologies offer authorities a new opportunity to fight crime. Europe’s law enforcement agency also says they can help investigate money laundering networks. Understanding Cryptocurrencies Is Vital to Tackling Organized Crime, Europol Says The growing use

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KuCoin CEO Debunks Rumor that the Exchange Has Only 300 Bitcoin, States On-Chain Tools Can’t Track Unlabeled Exchange Wallets

Summary: KuCoin CEO, Johnny Lyu, has debunked another rumor that the exchange only has 300 Bitcoin in its wallets. According to Mr. Lyu, popular tracking tools cannot identify exchange addresses because many are not labeled. He was responding to another tweet that showed that KuCoin had over 16,000 Bitcoin in its wallets. KuCoin CEO,

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