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Jeevbhai
@jeevbhai
Here are four recent developments in the cryptocurrency space: 1. The U.S. Securities and Exchange Commission (SEC) is contemplating changes to regulations introduced during President Biden's administration that imposed stricter standards for investment advisors handling cryptocurrencies and other assets. 2. Shark Tank" star Kevin O'Leary noted that the cryptocurrency industry is moving away from its "cowboy era" under President Donald Trump's second term. Following the collapse of cryptocurrency exchange FTX . 3. Canary Capital Group announced plans to launch an exchange-traded fund (ETF) linked to the spot price of Sui, a cryptocurrency from the Sui Network. This proposal adds to the firm's six cryptocurrency ETF filings with the SEC. 4. North Korean hackers, identified as the Lazarus Group, have reportedly extracted $300 million from a recent $1.5 billion cryptocurrency heist, the largest in history. The group exploited security vulnerabilities in the crypto exchange Bybit.
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