Tag: decentralized security

Coinbase Data Breach Spurs Call for Decentralized Security Measures

Coinbase Data Breach Spurs Call for Decentralized Security Measures

• Regulation

In May 2025, a big data breach rocked Coinbase, one of the biggest exchanges in the cryptocurrency ecosystem. This major breach exposed the personally identifiable information of nearly 70,000 customers. The breach revealed sensitive information that had been collected during the company’s Know Your Customer (KYC) process. This event raised...

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Vietnam's New Digital Law Recognizes Crypto Assets Amidst Rising Scams

Vietnam’s legislative landscape is experiencing a remarkable shift with approval of the Law on Digital Technology Industry. This law is scheduled to go into effect on January 1, 2026. It embraces new and emerging crypto assets. It creates promising new incentives for industries of the future, including AI, semiconductors, and...

Paradigm Urges UK to Embrace DeFi in Crypto Regulation

Paradigm, a research-driven investment firm and Paradigm, a research-driven investment firm. They further emphasize the need for inclusivity within this regulatory framework. The UK’s ambition is to be a world-leading hub for digital asset innovation. They don’t want to stifle innovation, they want to increase productivity and create economic returns...

UK and US to Forge Transatlantic Sandbox for Digital Securities

The UK government is set to establish a "UK–US Financial Regulatory Working Group" to explore the creation of a "transatlantic sandbox for digital securities." This new initiative seeks to encourage innovation, as well as the need to work through the regulatory challenges that our fast-paced crypto market presents. The UK...

Crypto Firms Navigate EU's MiCA Framework Amid Regulatory Scrutiny

The European Union’s Markets in Crypto-Assets (MiCA) regulation comes into force in a matter of months. At the same time, major crypto players Gemini and Coinbase are poised to obtain EU licenses, signaling a significant step forward for the emerging digital finance space. This is to create a common governance...

Senate Advances GENIUS Act, Aiming to Regulate Stablecoins and Secure U.S. Dollar Dominance

The U.S. Senate is moving closer to regulating the burgeoning stablecoin market with the "Guaranteeing National Integrity and Undermining Russian (GENIUS) Aggression Act" (GENIUS Act). A new bipartisan competition bill has been introduced, largely at the instigation of Republican Senator Bill Hagerty from Tennessee and Democrat Senator Kirsten Gillibrand from...

Vietnam Passes Landmark Law on Digital Technology Industry

Vietnam recently adopted the Law on Digital Technology Industry. This would make it the first country in the world to adopt comprehensive, standalone legislation targeting the entire digital technology sector. This epochal law requires robust oversight mechanisms to ensure compliance with international standards. It seeks to ensure that Vietnam will...

Crypto Firms Present Frameworks to SEC for Digital Asset Regulation

On June 13, Jito Labs, joined by Blockworks, unveiled a proposal for the framework to the SEC. This framework aims to provide more transparency for token issuers and market makers. Just a day earlier, Solana Labs, Phantom, Superstate, Orca Creative, and several other law firms participated in an important meeting...

Circle's $1.1 Billion Debut Signals Maturing Crypto Market

This move by Circle, the USDC stablecoin’s issuer, sent a strong signal to the growing up of the crypto market. On its first day of trading, the company raised a record-setting $1.1 billion. Yet this milestone symbolizes a monumental shift in the crypto landscape. Growing regulatory clarity and increased institutional...