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Cathay Securities is permitted to issue $930,000 worth of tokenized green bonds every six months. Taiwan's financial watchdog, the Financial Supervisory Commission (FSC), has awarded the country's first security token offering (STO) license to Cathay Securities. According to local news reports on Nov. 9, Cathay received regulatory approval for its "Sunshine Green Yield" STO bonds with a time to maturity of six years, initial annual interest of 3.5%, and an initial principal amount of 30 million New Taiwan Dollars ($0.93 million). Through the token subscriptions, enterprise owners can purchase green electricity on the market for environmental, social, and corporate governance initiatives under favorable conditions and receive variable interest rate payments of up to 5.8% per year. Trading for the Subshine Green Yield bonds will debut on Dec. 12 on Cathay's in-house STO exchange platform. Since 2019, the FSC has classified token ized assets as securities, with ...

The decentralized game publisher said their team has witnessed a significant rise in phishing attempts within their community and in the Arbitrum ecosystem. A decentralized autonomous organization (DAO) focusing on gaming has recently warned its users that some of its X accounts were compromised. The company reminded its community that they don’t have airdrop s, new mints or anything else planned.  In a tweet published on July 24, decentralized game publisher Treasure posted that their X accounts Playontreasure and Playbridgeworld were taken over by hackers. The organization warned users to refrain from interacting with links shared by the accounts. PSA Please do not interact with links shared by @PlayOnTreasure + @playbridgeworld at this time. The accounts have unfortunately been hacked and we are working to regain access. There is NO airdrop , new mint of TreasureTags, or anything else planned for today. Be safe. — Treasure (@Treasure_DAO) July 24, 2023 After working to r...

"DCA works," wrote Binance CEO in response to the purchase. On June 28, software analytics firm MicroStrategy announced the corporate purchase of 12,333 Bitcoin (BTC), worth $347 million at the time of publication. After the transaction, the total balance of Bitcoin owned by MicroStrategy has increased to 152,333 ($4.52 billion) with an average purchase price of $29,668 apiece.  The total average purchase price is close to the $28,136 apiece purchase price disclosed in today's announcements. The coins were bought between April 27 and June 27. The purchase was partly financed with the issuance of new stock, as the company wrote: "On May 1, 2023, MicroStrategy entered into a Sales Agreement with Cowen and Company, LLC and Canaccord Genuity LLC, as sales agents, pursuant to which MicroStrategy may issue and sell shares of its class A common stock, par value $0.001 per share ("Shares"), having an aggregate offering price of up to $625.0 million from time to ...

In the aftermath of the attack, Atomic Wallet — along with individual blockchain investigators — have amped up efforts to track and revert stolen funds. A hack that drained $35 million from Atomic Wallet users since June 2 impacted less than 1% of its monthly active users , according to the company. In the aftermath of the attack, Atomic Wallet — along with individual blockchain investigators — have amped up efforts to track and revert stolen funds. Trying to cash in on the commotion, a few verified scam Twitter accounts impersonated Atomic Wallet while sharing phishing links claiming to help users recover lost funds. Pseudonymous on-chain researcher ZachXBT further claimed to have helped a victim recover $1 million of lost funds. However, the recovery process is yet to be disclosed, which ZachXBT allegedly “Will share in time but best not to yet.” A huge shoutout goes to @buffalu__ @brian_smith_0 for helping us successfully rescue $1m from the Atomic Wallet hacker for one of the...

The grant program will award $50 million in HASH, the native token on Provenance Blockchain, to developers. Provenance Blockchain Foundation has announced a $50 million grant program for Blockchain Developers to support the development of regulated financial services on blockchain .  The grant program promise to award $50 million in HASH, which is the native token on Provenance Blockchain, to developers who build core services and experiences that enable the full digitally-native lifecycle of regulated financial assets on blockchain technology. Developers will be evaluated based on a range of factors, including their ability to contribute to asset perfection, asset origination, on/off ramps, security, compliance, wallets, identity, developer tools, and new financial asset use cases. All projects that are awarded grants will have to also undergo "Know Your Customer" screening. Beyond the HASH-based grants, the Provenance Blockchain Foundation said it will also offer additi...

If Back and Finney’s $10 million price prediction becomes true, the BTC market cap will reach approximately $200 trillion. Blockstream CEO Adam Back believes the price of Bitcoin (BTC) could reach $10 million by the end of the sixth halvening in 2032, as long as Bitcoin layer-2 technology and wallet infrastructure improves. In a Feb. 12 Twitter thread, Back, one of the contributors to Bitcoin core, was explaining to his 509,000 followers in what situation Hal Finney’s $10 million price prediction for BTC could come true. He noted that BTC has doubled in price year-on-year on average since 2013 and explained that if that trend continues, BTC price would reach $10M along with a $200 trillion market cap in around nine years time. early this year i was curious of the claim "bitcoin 2x's per year on average". it checks: the decade jan 2013 - dec 2022 #bitcoin went up 2.036x/year (1200x in a decade). if that continues we'll cross $10mil/BTC and $200 tril market cap by end...

SEC's recent charges against crypto exchange Kraken over its staking program have sent tremors through the crypto industry. Members of the crypto community are seemingly outraged over the recent charges laid against crypto exchange Kraken in relation to its staking-as-a-service program in the United States.  On Feb. 9, the United States Securities Exchange Commission (SEC) announced it had settled charges with Kraken over “failing to register the offer and sale of their crypto asset staking-as-a-service program,” which it claims is qualified as securities under its purview. Kraken agreed to settle the charges by paying $30 million in fines and to immediately cease the staking services to U.S. retail investors, though it would continue to be offered offshore. The move appears to have attracted the ire of not only the general crypto community, but also of investors, politicians, and industry executives. Cinneamhain Ventures partner and Ethereum bull, Adam Cochran called out SEC chie...

The electric vehicle maker earned $64 million in profits from Bitcoin trading, which was offset by a $204 million impairment. According to a filing with the United States Securities and Exchange Commission on Jan. 31, electric vehicle manufacturer Tesla disclosed that it recorded a $204 million gross impairment loss during 2022 on its Bitcoin (BTC) holdings. Simultaneously, Tesla recorded a gain of $64 million from converting BTC into fiat currency at various points during the year, resulting in a net loss of $140 million from its cryptocurrency trading activities.   The filing further explained the impact of volatile crypto prices on Tesla's bottom line: "Digital assets are considered indefinite-lived intangible assets under applicable accounting rules. Accordingly, any decrease in their fair values below our carrying values for such assets at any time subsequent to their acquisition will require us to recognize impairment charges, whereas we may make no upward revisions fo...