Hacks
Hacker wants 10 Bitcoin in exchange for Chinese citizens’ stolen data
The hacker reportedly gained access to the Chinese Shanghai police database stealing over 26 terabytes of personal data.
Oluwapelumi Adejumo 2 min read
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Legal
Deribit is part of creditors that made 3AC liquidation calls
According to the court filings, Deribit claimed, "the company is or is likely to become unable to pay its debts as they fall due, and therefore insolvent."
Regulation
Three Arrows Capital gets a slap on the wrist from Singapore financial watchdog
The Monetary Authority of Singapore (MAS) reprimanded Three Arrows Capital for providing false information and exceeding their AuM threshold.
Latest Asia Crypto News & Analysis
Hacks
North Korea’s Lazarus Group linked to $100M Harmony exploit
Elliptics says the strategies employed for the Harmony exploit are consistent with the ones used for the Ronin Bridge exploit a few months ago.
CBDCs
Taiwan joins growing list of countries developing CBDCs
Plans are in place to roll out a Taiwanese Central Bank Digital Currency, but concerns over privacy and abuse of power remain.
Crime
North Korea’s ‘illicit’ crypto holdings heavily impacted by market crash
Chainalysis says North Korea’s unlaundered crypto holdings have dropped to $65 million due to the recent crypto market crash.
Regulation
Singapore’s changed stance on crypto
Last year, Singapore was gearing up to be a global crypto hub. Now the regulators are hardening their approach.
Scams
Indian crypto investors have lost $128 million due to fake exchanges and wallets
An estimated $128 million has been stolen by scammers who setup fake cryptocurrency exchanges in India.
Regulation
India will consider 28% additional tax on crypto sales next week
India's federal and state finance ministers will come together at a panel on 28-29 June to discuss whether to implement a new tax on crypto transactions.
More Asia Crypto News Headlines
Exchanges
Crypto.com secures regulatory approval to set up shop in Singapore
Crime
South Korean prosecutors have banned Terra employees from leaving the country
CBDCs
Israel, Hong Kong enter partnership to test new CBDC against cyber risks
Regulation