EddieJayonCrypto

 26 Dec 24

tl;dr

• US and South Korea Partner Against North Korean Crypto Heists: The US and South Korea have launched a joint initiative to combat North Korean crypto theft and laundering, targeting the $1 billion stolen by groups like Lazarus.• Bank of Italy Criticizes Bitcoin P2P Transactions: The Bank of Italy l...

• US and South Korea Partner Against North Korean Crypto Heists: The US and South Korea have launched a joint initiative to combat North Korean crypto theft and laundering, targeting the $1 billion stolen by groups like Lazarus.
• Bank of Italy Criticizes Bitcoin P2P Transactions: The Bank of Italy labeled Bitcoin peer-to-peer services as "crime-as-a-service," citing their use in money laundering and regulatory evasion.
• Crypto.com Expands Custody Services in North America: Crypto.com launched a new trust company to provide digital asset custody services for institutions and high-net-worth individuals in the US and Canada.
• Animoca Brands Co-Founder’s Twitter Account Hacked: Yat Siu’s hacked Twitter account promoted a fake token surge, highlighting the risks of account security vulnerabilities in the crypto space.
• New Zealanders Reject CBDC Amid Privacy Concerns: A majority of New Zealanders oppose the introduction of a CBDC, citing privacy concerns and fears of government surveillance.
• Thailand Advances Crypto Integration in Tourism and Economy: Thailand launched a Digital Asset Regulatory Sandbox, with proposals to pilot Bitcoin for tourism payments and an increase in projected crypto users by 2028.
• Bitcoin Peaks Near $100,000 Before Correcting: Bitcoin surged to almost $100,000 before falling back to $98,000, with a key support level identified at $97,300 amid profit-taking.
• Chainlink’s Whale Activity and SVR Solution Adoption: A whale acquired $34.1M in LINK tokens, while Chainlink introduced SVR to reclaim value for DeFi protocols, with Aave exploring its integration.
• Floki Plans Institutional-Grade ETP in Europe: Floki is collaborating to launch a meme coin exchange-traded product in Europe, following Dogecoin’s lead, targeting institutional and retail investors.
• Singapore Emerges as Southeast Asia’s Crypto Hub: Singapore has issued 13 crypto licenses in 2024, surpassing Hong Kong and attracting major exchanges with its regulatory-friendly environment.

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