Telo News - Crypto | DeFi | Web3

Robinhood is reportedly considering offering cryptocurrency futures in the US and Europe once its $200m acquisition of Bitstamp closes next year. ▪ Telegram ▪ X ▪ Community ▪ Source

South Korean crypto exchanges will implement new standards on July 19, re-evaluating over 1,300 cryptocurrencies. This includes independent decision-making for listings, compliance with security measures, and thorough documentation. ▪ Telegram ▪ X ▪ Community ▪ Source

Binance announced that as a part of its compliance in Turkey, it will: ⚫ Turn off Turkish language option within three months ⚫ Halt all direct marketing activities for Turkish users ▪ Telegram ▪ X ▪ Community ▪ Source

Digital asset company Paxos received approval from Singapore to offer digital payment token services, enabling it to issue stablecoins. ▪️ Telegram ▪️ X ▪️ Community ▪️ Source

According to Protos, Evolve Bank had 33 TB of user data stolen by the Russian ransomware gang Lockbit after an employee clicked a malicious link. The breach affected 155,586 accounts, including those of Bitfinex, Nomad, and Copper, compromising user names, addresses, social security numbers, and account balances. ▪ Telegram ▪ X ▪ Community ▪ Source

According to Arkham, the German Government transferred 282.74 BTC worth about $17.64m to Bitstamp, Coinbase, and Kraken. Over the past two weeks, the German Government has transferred more than 3,000 BTC to centralized exchanges (CEX). ▪ Telegram ▪ X ▪ Community ▪ Source

HashKey Group launched a 10m airdrop for its HSK token, which users can earn by playing a Telegram game called DejenDog and completing tasks before its third-quarter listing. ▪ Telegram ▪ X ▪ Community ▪ Source

Silvergate settled with the SEC for $50m over allegations of defrauding investors about its anti-money laundering controls and the impact of an FTX collapse. Despite claiming to have effective AML programs, it failed to monitor over $1tr in transactions and overlooked $9bn in suspicious FTX transfers. ▪️ Telegram ▪️ X ▪️ Community ▪️ Source

SEC is sueing Silvergate Bank for securities fraud in Federal Court. ▪ Telegram ▪ X ▪ Community ▪ Source

The US DOJ has officially selected Coinbase Prime for storing and trading confiscated cryptocurrency. ▪ Telegram ▪ X ▪ Community ▪ Source