6 Part Crypto Guide

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Dexsport detects hack, user funds unaffected

Dexsport, a Web3 betting platform that supports cryptocurrency payment, reported a hacking incident that ended up in $400,000 in BUSD being stolen. According to the Dexsport team, on November 30, hackers exploited a vulnerability in the off-chain part related to the case-sensitive recording of unique transaction identifiers for processing deposits...

Santander Is Ending All Payments to Crypto Exchanges

Santander – a UK-based financial institution – has announced it’s not going to allow any crypto exchange payments beginning in 2023. Thus, anyone who has a crypto wallet tied to their traditional bank account that tries to wire money to an attached crypto exchange to purchase assets will instantly be blocked. Santander...

Dubai Is Creating a New Crypto Regulatory Agenda

Dubai – which has grown exponentially over the years as a leading digital currency hub – is expanding its reputation thanks in part to the Dubai Financial Services Authority (DFSA), the regulatory entity of the region. The organization is now unveiling a new digital currency regime designed to boost crypto-based innovation and...

Did Binance Help Iran Avoid Financial Sanctions?

Iran is a sanctioned country. It’s not allowed to engage in certain activities unless the United States says so. Despite all this, popular digital currency exchange Binance still enabled the country to engage in crypto trades nearing $8 billion at press time. Binance Is Alleged to Have Aided Iran Almost all the...