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K-pop Giant and BTS Label HYBE Abandons Blockchain Project

Leave a Comment / Blockchain, Blockchain News, Music, nft, South Korea / best time

Major South Korean record label HYBE has shuttered its blockchain project Binary Korea less than three years after launch due to poor financial performance. The Seoul-based subsidiary will merge with HYBE. Meanwhile, the parent company will focus on the entertainment side of business, specifically artist management. According to AlphaBiz, HYBE stated that the goal of […]

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China and Shrapnel Launch First Licensed Web3 Game on Official RWA Chain

Leave a Comment / Blockchain, Blockchain News, china, Gaming, Web3 / best time

First-person shooter SHRAPNEL will become China’s first licensed Web3 game built on the nation’s official RWA Trusted Copyright Chain. SHRAPNEL is an AAA native Web3 blockchain shooting game by the team from HBO that has worked on globally known titles, such as Halo, Assassin’s Creed, and Star Wars. It’s now joining hands with the Trusted

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Aussie Watchdog Places Crypto ATM Providers ‘On Notice,’ Warns Over Missing AML Checks

Leave a Comment / Australia, Bitcoin ATM, Blockchain News / best time

Australia’s financial intelligence agency AUSTRAC, has warned crypto ATM operators on missing anti-money laundering checks and helping criminals launder money. In a statement released Monday, the AML watchdog highlighted “worrying trends” of suspicious activities and transactions. The notice arrives months after a panel of experts from AUSTRAC formed an internal taskforce to address AML and

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Circle Gears Up for IPO With Bank Hires, Eyes Late April Filing: Report

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Circle, the issuer of the USDC stablecoin, is making a renewed push to go public after years of delays and shifting market conditions. The Boston-based fintech has reportedly hired JPMorgan Chase and Citi to lead its long-anticipated initial public offering. A public filing is expected as early as late April, Fortune reported on Monday. Circle

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South Korean Crypto Traders ‘Duped into Joining Money Laundering Scams’

Leave a Comment / Blockchain News, News, Police, South Korea / best time

Fraudsters are targeting South Korean crypto traders with sophisticated scams that help criminals launder money, police claim. Per a report from the South Korean media outlet CBS NoCut News, scammers are luring crypto wallet holders with offers of “part-time” crypto trading “jobs.” South Korean Crypto Traders: Money Launderers Post ‘Part-time Job Ads’ The media outlet

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Russia’s Irkutsk ‘Could Impose Year-round Crypto Mining Ban from April 1’

Leave a Comment / Blockchain News, Crypto Mining, News, Russia / best time

Russia’s Irkutsk, the nation’s biggest Bitcoin mining hotspot, could impose a year-round ban on all crypto mining activities effective April 1, a news outlet has claimed. Per a report from the Russian newspaper Kommersant, the ban would apply only in the southern part of the Siberian oblast of Irkutsk, but could run until mid-2031. Irkutsk

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New ‘Crocodilus’ Android Malware Steals Sensitive Crypto Wallet Credentials: Research

Leave a Comment / Blockchain News, Crocodilus, Crypto Fraud, Malware / best time

A new “highly capable” mobile banking malware dubbed “Crocodilus,” targets Android devices, extorting sensitive crypto wallet credentials using social engineering tactics. A recent research by cybersecurity firm Threat Fabric found the emergence of a new malware family Crocodilus. The malware is reportedly distributed through a proprietary dropper that bypasses Android 13+ restrictions. “Despite being new,

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South Korean Court Jails Three Members of ‘Crypto Scam Gang’

Leave a Comment / Blockchain News, Legal, News, South Korea / best time

A South Korean court has sent three members of a crypto scam ring to prison after hearing that they stole some $416,000 from victims as part of a concerted campaign. The newspaper Chosun Ilbo reported that a branch of the Busan District Court’s Criminal Division sent the ringleader of the operation to jail for four

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Russian Energy Giant Gazprom Launches Blockchain-powered ‘Digital Assets’

Leave a Comment / Blockchain, Blockchain News, News, Russia / best time

Gazprom, the majority Russian state-owned oil and gas titan, has launched a series of tradable, blockchain technology-powered “digital financial assets” (DFAs). The firm is the latest Russian business heavyweight to foray into the nation’s fast-growing DFAs market. The move appears to indicate that energy industry heavy-hitters are now ready to join commercial banks in the

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Weekly Crypto Regulation News Roundup: SEC to Host Roundtables, Congress Advances Stablecoin Rules

Leave a Comment / Blockchain News, News, Regulation, Securities and Exchange Commission, Stablecoin / best time

Key Takeaways: Regulators open fresh channels to hear crypto community views. Public forums and expert reviews may reshape enforcement methods. Lawmakers push for clearer guidelines on stablecoins and digital assets. Internal debates reveal evolving priorities in oversight. Global tax ideas could alter market behavior. U.S. crypto regulation developments accelerated this week as the Securities and

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