Matrixport has acquired Crypto Finance's asset management division, rebranding it as Matrixport Asset Management AG to enhance its services and expand its regulatory presence in Europe. The acquisition allows Matrixport to offer innovative, compliant crypto investment solutions, further solidifying its position in the digital asset market.
AnaisWorld Liberty Financial, backed by the Trump family, has launched the KYC process for its WLFI tokens. Accredited US investors and non-US participants can join, while US retail investors are excluded due to regulations. The project hopes to expand access to all US users in the future.
CatherineAs blockchain and crypto adoption rises globally, more users are seeking quick profits. Over the past year, more than 250 individuals in the UK lost over $650,000 to fraudulent Bybit demo accounts. Investigations into these scams are being conducted by blockchain expert ZachXBT.
KikyoIndian YouTuber Ranveer Allahbadia, known as Beer Biceps, experienced a significant cyber attack that resulted in hackers renaming his channels to names associated with Elon Musk, Trump, and Tesla, while deleting most of his content. Fortunately, his channels were restored shortly after, prompting him to emphasize the importance of cybersecurity to his followers.
AnaisEpic Games has sued Google and Samsung, accusing them of restricting competition. The lawsuit claims Samsung’s Auto Blocker prevents app installations outside the Google Play Store, limiting consumer choice and harming developers.
CatherineStarting from 4 October 2024, digital asset firms in Singapore must follow new rules to protect retail investors, including safeguarding customer assets and banning incentives to attract new customers. The second phase, effective 19 June 2025, requires firms to assess retail investors’ understanding of the risks involved with cryptocurrency investments.
WeatherlyGemini is closing all Canadian accounts by December 2024 due to stricter regulations from the Canadian Securities Administrators. Several other exchanges, like Binance and Bybit, have also left Canada because of these new rules.
WeatherlyJesse Pollak, creator of Base, will lead Coinbase Wallet and join the executive team. Experts believe his role could help solve the user experience issues that have slowed cryptocurrency adoption.
KikyoSony Semiconductor Solutions and Raspberry Pi have launched the Raspberry Pi AI Camera, which features the advanced Sony IMX500 sensor for AI image processing. This camera is easy to use, integrates seamlessly with Raspberry Pi devices, and is priced at US$70, making it accessible for hobbyists and developers.
JoyAs crypto regulation discussions heat up, former Chinese Finance Ministry official Zhu Guangyao has urged the government to reconsider its strict ban on virtual assets. He acknowledged the risks of cryptocurrencies while emphasizing the need to analyse global trends and policy changes to guide China's approach.
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