BCA Responds to Crypto Scam Account Misuse

April 8, 2025

Catenaa, Sunday, April 06, 2025- Bank Central Asia (BCA) has pledged to support law enforcement after its accounts were reportedly exploited in a cryptocurrency scam that defrauded investors.  The scam involved social media platforms like WhatsApp, where fraudsters posed as part of a cryptocurrency investment group managed by a figure called “Professor AS.” They used […]

Blast Network Now Faces Alleged 500 ETH Rug Pull

March 18, 2024

Kaunas, Lithuania, Monday, March 4, 2024 – A layer 2 project built on the Blast network, RiskOnBlast, has been compromised in a significant exploit commonly referred to as a “rug pull,” according to reports. The incident resulted in the loss of approximately 500 Ether (ETH), a cryptocurrency. A rug pull refers to an abrupt withdrawal […]

Hong Kong SFC warns against unregulated HKCEXP platforms

April 12, 2024

Hong Kong, Monday, April 1, 2024-The Hong Kong Securities and Futures Commission (SFC) recently issued a public warning regarding HKCEXP, a platform that trades crypto assets, urging caution among investors. While the exact nature of HKCEXP remains unclear, the SFC emphasized potential risks associated with it. The SFC stressed the importance of conducting thorough research […]

S. Korea Unveils Reforms to Tackle Korea Discount in Stock Market

March 17, 2024

Seoul, Monday, March 4, 2024 – South Korea’s financial regulator unveiled a package of measures today aimed at bolstering its domestic stock market and addressing the persistent “Korea discount.” This phenomenon refers to the tendency for South Korean companies to trade at lower valuations compared to their global counterparts. The full press release can be […]

Wemix CEO Justifies $6.2M Hack Disclosure Delay

March 28, 2025

Catenaa, Thursday, March 27, 2025 – Wemix Foundation’s CEO Kim Seok-hwan has defended the four-day delay in publicly announcing the $6.2 million hack of its Play Bridge platform, saying the decision was made to avoid causing panic in the market. The exploit, which resulted in the theft of 8.65 million Wemix tokens, was first detected […]