Author: Cointelegraph by Ezra Reguerra
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South Korea expands Travel Rule regulations in anti-money laundering crackdown
South Korea’s expansion of the Travel Rule strengthens anti-money laundering efforts, increasing regulatory compliance requirements for crypto exchanges and aligning with global financial security standards.
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Solana ETFs Break Streak as XRP ETFs Extend Perfect Run
The divergence in ETF performance highlights shifting investor sentiment and regulatory dynamics, influencing capital allocation between competing blockchain ecosystems.
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Ethereum Validators Increase Gas Limit to 60 Million for Network Capacity
The increase to 60 million gas enhances Ethereum’s transaction throughput and reduces fees, addressing scalability concerns as the network evolves post-Merge.
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Upbit freezes transfers after a $36 million hot wallet breach
The freeze highlights persistent security vulnerabilities in centralized exchanges, potentially eroding user trust and prompting stricter regulatory scrutiny of crypto custodial practices.
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Upbit suffers $36 million Solana hot wallet breach following parent company Naver deal
The breach highlights persistent security vulnerabilities in centralized exchanges, potentially undermining investor confidence and prompting stricter regulatory scrutiny of crypto custodial practices.
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Polygon Founder Considers Reinstating MATIC Brand Name After POL Transition
The founder’s consideration reflects ongoing brand identity challenges within blockchain projects, highlighting the tension between technical upgrades and community recognition for Polygon’s ecosystem.
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UK Financial Conduct Authority Tests Crypto Asset Disclosures in Regulatory Sandbox
The UK’s Financial Conduct Authority is testing crypto asset disclosure requirements with firms in a regulatory sandbox to assess market clarity and investor protection frameworks.
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BIS appoints IMF digital currency specialist to lead its innovation hub
The Bank for International Settlements appoints an IMF digital currency specialist to head its innovation hub, signaling a focus on central bank digital currencies and financial technology.
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Solana double disinflation proposal gains first major backer
The proposal aims to reduce Solana’s inflation rate, addressing long-term tokenomics and supply concerns, which could impact network security and SOL’s valuation.
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Metaplanet doubles Bitcoin-backed borrowing with a new $130 million loan
The company’s strategic move to double its Bitcoin-backed debt signals a growing corporate trend of using cryptocurrency reserves for capital efficiency and balance sheet optimization.