Jamie Dimon Was A Believer In Smart Contract Cryptos Long Before JPMorgan Hit The Buy Button On Ethereum ETFs: Here’s What The CEO Said

Jamie Dimon, the CEO of banking heavyweight JPMorgan, has acknowledged the importance of smart contracts-based cryptocurrencies, in stark contrast to his views on Bitcoin (CRYPTO: BTC). What happened: During a CNBC interview in January 2023, the CEO of the world’s most valuable banking company stated that cryptocurrencies with embedded...
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FBI Links $1.5 Billion Bybit Hack to North Korea’s Lazarus Group

The Federal Bureau of Investigation (FBI) has officially attributed the recent $1.5 billion cyberattack on cryptocurrency exchange Bybit to North Korea’s state-sponsored Lazarus Group. The attack, which occurred on February 21, saw hackers infiltrate one of Bybit’s cold wallets and steal over 41,000 ETH. This breach added to a...
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TRUMP, Dogecoin, PEPE Type Memecoins Not Securities, Says The SEC But Fraud Related To Offer And Sale Subject To Enforcement

The Securities and Exchange Commission clarified on Thursday that memecoins do not fall under the purview of federal securities laws, although fraudulent activities involving memecoins could still be subject to legal consequences. What happened: The SEC’s Division of Corporation Finance stated in a press release that cryptocurrencies inspired by...
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Pakistan Plans New Council for Crypto Regulation: Report

According to a recent report by Dawn, Pakistan is set to establish a National Crypto Council to oversee digital asset regulation in the country. This decision marks a significant policy shift as Pakistan moves toward embracing cryptocurrencies, a stance that contrasts with its previous resistance. Pakistan To Create Crypto...
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Ripple Expands In South Korea With Major Partnership

Ripple has announced a strategic partnership with BDACS, a prominent digital asset custody firm in South Korea, on Thursday. The collaboration aims to advance institutional-grade custody services and expand the digital asset ecosystem, particularly for XRP and RLUSD, within the country’s evolving regulatory landscape. Ripple Lands Next Major Customer...
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FBI Points to North Korean Hackers in $1.5 Billion Crypto Breach at Bybit

The Federal Bureau of Investigation has implicated North Korean-backed hacking groups in a major cryptocurrency heist involving $1.5 billion in digital assets. The cyberattack targeted Bybit, a Dubai-based cryptocurrency exchange, making it one of the largest crypto thefts publicly known. This incident has drawn attention to North Korea’s ongoing...
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