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hbar drives real world asset tokenization on hedera platform

Hedera's platform is revolutionizing the tokenization of real-world assets, such as stocks and real estate, through its efficient tools and the native cryptocurrency, HBAR. The Hedera Token Service and Consensus Service ensure secure, scalable, and compliant asset management, with low transaction fees enhancing accessibility for businesses.In 2024, HBAR's market capitalization surged to $12 billion, outpacing notable tokens, despite facing challenges like price corrections. Institutional interest is growing, with potential developments like the HBAR ETF and partnerships aimed at advancing tokenization in various sectors, positioning Hedera for significant future growth.

crypto research firm warns of fake sosotoken on binance smart chain

SoSoValue has issued a warning about a fraudulent token, SOSO, on the Binance Smart Chain, clarifying that it has not launched any official cryptocurrency. This alert follows the identification of a fake contract and phishing attempts linked to the company's recent $15 million funding announcement. Users are urged to remain vigilant against scams exploiting the crypto space.

Japan South Korea and US issue warning on North Korean crypto thefts

Japan, South Korea, and the US issued a joint warning about North Korean cyber threats targeting the crypto industry, highlighting significant hacks in 2024 that resulted in over $370 million in losses. The notorious Lazarus Group employs malware and social engineering tactics, prompting governments to enhance cybersecurity measures and collaboration with the private sector. In 2024 alone, North Korean actors were responsible for $1.3 billion in crypto theft, marking a 103% increase from the previous year.

Senator Warren urges Treasury Secretary to regulate cryptocurrencies amid Trump administration

Senator Elizabeth Warren has expressed concerns over Scott Bessent's appointment as Treasury Secretary, criticizing his lack of government experience and warning against the use of cryptocurrencies for illicit activities. Despite a pro-crypto administration under Trump, Warren highlights the risks posed by bad actors in the crypto space, referencing national security threats linked to money laundering and terrorism financing. As the political landscape shifts, Trump will need to navigate these challenges to maintain support for his economic policies.

BYDFi enhances XRP trading with innovative features and strong compliance measures

BYDFi has enhanced its perpetual contract system for XRP trading with features like using unrealized profits as margin, a hedging option for simultaneous long and short positions, and cross margin mode for better fund stability. The platform ensures compliance and security with dual MSB licenses, cold wallet storage, and two-factor authentication. As XRP surges in value, BYDFi stands out for its low trading fees and robust liquidity, making it a preferred choice for investors navigating the evolving crypto landscape.

Chainalysis acquires Alterya for 150 million to enhance fraud detection capabilities

Chainalysis has acquired AI startup Alterya for $150 million to enhance its fraud detection and blockchain security capabilities. Alterya's technology, which has already protected over 100 million users by identifying scams and malicious identities, will enable Chainalysis to proactively combat fraud in both fiat and crypto transactions.This acquisition aligns with Chainalysis's strategy to strengthen its financial crime prevention tools, particularly as it addresses risks associated with advanced technologies like generative AI. The integration of Alterya's systems is expected to bolster the company's efforts in safeguarding users and maintaining confidence in the crypto space.

binance review 2025 features fees and legal challenges for investors

Shiba Inu announces TREAT token launch and airdrop details amid scam warnings

Shiba Inu is set to launch its new token, TREAT, on January 14, 2025, with major exchanges like KuCoin, Gate.io, and Bitget participating in a special airdrop. Users can claim tokens by creating accounts on these platforms and following specific steps outlined by Shibarium’s Marketing Strategist, LUCIE. However, caution is advised as scammers are exploiting the excitement around TREAT, with warnings to avoid clicking on suspicious links or connecting wallets.

Binance dominates South Korean market and secures global Bitcoin transactions

Binance dominates the South Korean market with a 97% share and accounts for half of global Bitcoin transactions. In 2024, the platform's user safety systems successfully prevented over $4 billion in potential losses, highlighting its commitment to security.

crypto laundering surges to 1.3 billion as hackers adapt in 2024

In 2024, crypto laundering from hacking surged to $1.3 billion, a 280% increase from the previous year, driven by a booming market and innovative techniques like chain hopping and coin mixing. While phishing losses fell to $834.5 million, advanced tactics such as social engineering and address poisoning emerged, complicating prevention efforts.
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