Iran’s Nobitex Hacked in Political Attack, Begins Recovery
Nobitex, one of Iran’s leading cryptocurrency exchanges, is slowly resuming operations after being hacked earlier this month by the pro-Israel hacker group Gonjeshke Darande. According to an official statement, starting June 30, only users who have completed identity verification will…
AB DAO and Timor-Leste to Build the World’s First National Blockchain-AI Resort
AB DAO and the AB Charity Foundation have jointly announced the launch of Timor-Leste AB Resort, the world’s first national-level blockchain-themed resort. More than a beachfront getaway, the project is envisioned as a cutting-edge innovation hub combining artificial intelligence (AI),…
FHFA Proposes Including Bitcoin in Mortgage Assets
U.S. housing finance regulation is stepping into the cryptocurrency era. The Federal Housing Finance Agency (FHFA) recently put forward a landmark proposal to include Bitcoin and other digital assets as legitimate financial assets in mortgage approval processes.This shift could reshape…
Coinbase Stock Hits Highest Level Since 2021 Debut
After years of dormancy, the largest U.S. cryptocurrency exchange, Coinbase (Nasdaq: COIN), is experiencing a dramatic resurgence. Following a steep decline of over 90% during the 2022 crypto market crash, the company’s stock has now surged to its highest level…
U.S. Housing Agency Orders Fannie Mae and Freddie Mac to Prepare for Crypto Mortgage Assessment
The U.S. Federal Housing Finance Agency (FHFA) issued a landmark directive on Wednesday, instructing government-sponsored mortgage giants Fannie Mae and Freddie Mac to begin preparing for the inclusion of cryptocurrency in mortgage asset assessments. This move is being hailed as…