Crypto Brokerage Firm GCEX Partners Fireblocks to Expand Institutional Access

GCEX joined forces with Fireblocks to enhance institutional access to digital assets. Fireblocks’ Policy Engine will help GCEX’s Dubai and Netherlands operations improve governance and risk controls. This partnership follows GCEX’s collaboration with Hex Trust in launching a secured accounts service for institutional digital asset protection in the EU and UK. GCEX Group, a leading…

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Phemex Exchange Suspected of $37 Million Hack

Cybercriminals continue their assault on the crypto industry, with Phemex now in the crosshairs. The attack involved multiple blockchain networks, highlighting vulnerabilities across the entire ecosystem. Crypto hacks have surged 21% from last year, according to blockchain analysis firm Chainalysis with North Korean hacking groups responsible for $1.3 billion of the stolen funds. Cybercriminals have…

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Robinhood Unleashes Crypto Trading and Staking Services in Spain as MiCA Takes Effect

Company demonstrates strong growth with 24 million global users and $5.2B in October deposits, targeting EU market comparable to US size. Strategic expansion includes promotional offers like 1% crypto cashback on deposits and 100% match on ETH staking rewards up to €10,000. Pending Bitstamp acquisition strengthens global presence with over 50 international licenses, positioning for…

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Toncoin Sellers Take Charge since Durov’s Arrest in August 2024, What’s Ahead for TON Price?

Investors have sold over 890,000 TON since Durov’s arrest. During this time, TON price has plummeted by 30%, with its market capitalization shrinking by 29%. Despite the downturn, accumulation indicators show rising investor interest since November. Since the arrest of Telegram founder in France on August 24, 2024, Toncoin has faced major turbulence in its…

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CFTC Acting Chair Launches Roundtables on Crypto and Prediction Markets

Acting Chair Caroline Pham introduced public roundtables for crypto and prediction markets, signaling fresh CFTC regulatory focus. The CFTC faced legal challenges over election contracts with operator Kalshi, but a district court favored broader market freedom. Congress’s potential FIT 21 Act assigns digital asset oversight to SEC or CFTC depending on decentralization, boosting industry certainty….

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