SEC
UK's NCA Announces Disruption of World's Most Harmful Cyber Crime Group, LockBit
UK's NCA launched "Operation Cronos" against LockBit, a global cyber crime syndicate, resulting in significant disruptions and the seizure of servers, cryptocurrency accounts, and decryption keys.
China Alerts on Foreign Mapping Firms Using Crypto Rewards for Sensitive Data Collection
The Chinese Ministry of State Security issues a warning about foreign mapping companies using cryptocurrency rewards to encourage unauthorized sensitive geographical data collection in China, posing a threat to national security.
Major Banking and Financial Associations Urge SEC to Amend SAB 121 for Digital Asset Custody
The Bank Policy Institute, American Bankers Association, Financial Services Forum, and SIFMA have requested modifications to Staff Accounting Bulletin No. 121 to address challenges in digital asset custody for US banking organizations. The aim is to align provisions with recent policy developments and practical experience.
Bakkt Advances with $150 Million Capital Raise Initiative
Bakkt Holdings, Inc. receives SEC's nod for a "universal shelf" registration, paving the way for up to $150 million capital infusion over three years, enhancing its strategic financial flexibility and growth potential in the digital asset sector.
PlayDapp's $31 Million Hack: A Blow to Blockchain Gaming Security
PlayDapp, a prominent NFT marketplace, experienced a security breach, resulting in the unauthorized minting of $200 million PLA tokens, worth $31 million.
SEC Chair Gary Gensler Addresses X Account Hack and Security Measures
The SEC's X account was compromised on January 9, 2024, causing market fluctuations and highlighting cybersecurity concerns. The SEC is working with law enforcement to investigate.
European Commission Takes Aim at AI-Generated Disinformation Ahead of Elections
The European Commission mandates major tech platforms to detect AI-generated content to shield European elections from misinformation, highlighting a robust approach towards maintaining democratic integrity.
SEC's Misstep in Debt Box Lawsuit Sparks Senate Republican Critique
Five Republican senators have criticized the SEC for unethical conduct in a lawsuit against Digital Licensing, highlighting concerns about enforcement practices in the crypto sector.
SEC Delays Decision on Invesco-Galaxy Digital's Ether ETF
The SEC has extended the review period for Invesco and Galaxy Digital's Ether ETF, potentially extending it for up to 240 days, allowing for public commentary.
SEC Enacts New Registration Mandate for Key Market Players to Bolster Oversight
The SEC introduced new rules requiring liquidity providers to register as dealers or government securities dealers in February 2024, aiming to improve market stability and transparency.