Stay updated on KYC news in crypto, including identity checks, AML rules, compliance trends, and exchange onboarding changes.
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Proposed GENIUS Act rules could require issuers to retain identifying records for five years despite a string of damaging data breaches.
Copied support records exposed varying combinations of identity, location and compliance data, while private keys and customer funds remained safe.
Only notified business users are covered; access restrictions follow Aug. 21 and market-price liquidation starts Sept. 21.
Blockchain data shows Shelbit processed billions through rotating wallets and had $318 million in transactions involving Russia’s sanctioned A7 network.
Covered users must close positions and withdraw by 23:59 UTC, while the wider platform keeps two Aug. 26 clocks.
Binance's unaudited figures suggest most EU funds withdrawn after the MiCA cutoff went to self-custody rather than regulated rival platforms.
A third-party ecommerce compromise can doxx buyers and sharpen social-engineering attacks even when private keys remain safe.
By adopting blockchain technology, Bhutan sets a precedent for other nations seeking to protect digital identities in a decentralized manner.
The hackers breached one of Gokal's email accounts days before the incident, which has no relation with Coinbase's recent data breach.
