FIU steps up AML and CFT compliance for crypto exchanges in India

As a seasoned crypto investor, I’ve witnessed firsthand the rollercoaster ride that is the cryptocurrency market. The latest news regarding India’s regulatory crackdown on unregistered cryptocurrency exchanges under AML and CFT guidelines is a welcome development in my opinion. As a financial analyst, I would rephrase it as: I’m currently observing that Indian authorities are … Read more

BlockTower Capital and Sonne Finance Hit by Major Exploits: Millions Lost in Crypto Heists

As a researcher with extensive experience in the cryptocurrency industry, I find it alarming that two significant players, BlockTower Capital and Sonne Finance, have been victims of exploits within a short period of time. The combined losses are substantial, with at least $1.9 billion affected between the two incidents. Two significant players in the crypto … Read more

Binance Launches Funding Arbitrage Bot and Spot Copy Trading

As a seasoned researcher with extensive experience in the blockchain and cryptocurrency space, I am thrilled about Binance’s latest updates – the launch of the Funding Rate Arbitrage Bot and the full rollout of Spot Copy Trading. These innovative tools add significant value to Binance’s already impressive lineup of automated trading solutions. the debut of … Read more

Solana Developer Admits to Misusing Cypher Funds

As a long-term crypto investor with significant stakes in various decentralized exchanges (DEXs), I can’t help but feel disheartened by the recent revelation of misappropriated funds within Cypher, a DEX on the Solana blockchain. The confession from Hoak, a core developer, that he had gambled away over $300 million meant for compensating hack victims is … Read more

OKX’s Ethereum Layer -2 Network: A Gamechanger

As a seasoned crypto investor with years of experience in the industry, I’m excited about OKX’s recent launch of their public mainnet for X Layer, a Layer-2 network built using Polygon’s chain development kit. The potential to address Ethereum’s scalability issues and offer users a more cost-effective and efficient alternative for conducting transactions and interacting … Read more