The U.S. financial landscape for decentralized finance (DeFi) appears to be shifting, as the Securities and Exchange Commission (SEC) has terminated its investigation into Uniswap Labs, a prominent decentralized crypto exchange. The probe, which spanned over a year, accused Uniswap of functioning as an unregistered broker exchange and clearing agency while issuing unregistered securities.
Asia is poised to claim nearly half of the world’s fintech transactions by the end of 2025, solidifying its position as a global leader in the sector, according to a new report from Singapore-based UnaFinancial.
The UK Government is reportedly considering dissolving the Payment Systems Regulator (PSR) and integrating it into the Financial Conduct Authority (FCA) as part of its broader economic growth agenda. The PSR, while fully independent, already shares some operational services with the FCA.
Bybit has confirmed that hackers executed a "sophisticated attack" on one of its Ethereum (ETH) cold wallets, resulting in the theft of approximately 401,346 ETH, valued at over $1.4 billion.
Phishing isn’t the only threat to worry about. The FBI has issued a critical advisory about Ghost, a ransomware campaign exploiting known software vulnerabilities instead of relying on phishing. Active in over 70 countries, Ghost targets sectors worldwide, using publicly available code to infiltrate unpatched internet-facing servers.
The U.S. Securities and Exchange Commission (SEC) has established the Cyber and Emerging Technologies Unit (CETU) to address cyber-related misconduct and protect retail investors from technology-driven fraud.
Source: LexisNexis
LexisNexis Risk Solutions, part of RELX, closed its acquisition of IDVerse, a provider of AI-powered document authentication and fraud detection solutions.
Hackers are using Google Tag Manager (GTM) to inject malware into Magento-based eCommerce websites, enabling them to steal credit card numbers during customer checkout.
