What to Do After Your First Cyber-Attack – Ensuring It Never Happens Again

Phemex Shares Key Takeaways from Unprecedented Cyber-Attack
Even industry leaders aren’t immune to the risks of running an online business. Phemex, a hybrid exchange combining the best features of centralized and decentralized platforms, was targeted by a sophisticated threat actor in late January.
Crypto.com Gains CySEC Approval to Operate in Cyprus, Expanding European Reach

Crypto.com, the rapidly growing cryptocurrency exchange platform, has secured regulatory approval to operate in the Cyprus crypto market, further expanding its presence across Europe.
Coinbase Expands EU Derivatives Offering with Acquisition of Cyprus-Based Entity

Coinbase is set to enhance its derivatives offerings in the European Union by acquiring a Cyprus-based entity licensed under the Markets in Financial Instruments Directive (MiFID II), which governs financial instruments in the EU.
Cyprus Extends Suspension of FTX Europe’s License Until September

The saga of the collapsed cryptocurrency exchange, FTX, continues to unfold, with some of its former operations still grappling to stay afloat.
Cyprus-Based Skich Launches Alternative Gaming Store for iPhone Users

Cyprus-based mobile gaming platform Skich has officially launched Skich Store, an alternative app marketplace designed to revolutionize game discovery and distribution for mobile gamers.
U.S. Senate Advances Stablecoin Bill in Key First Step

The U.S. Senate Banking Committee has approved a bill to regulate stablecoin issuers, marking a significant step toward federal oversight of the cryptocurrency industry. The bill, known as the Guiding and Establishing National Innovation for U.S. Stablecoins Act (GENIUS Act), passed with an 18-6 vote and now moves to the full Senate for consideration.
Ethereum Foundation Appoints Hsiao-Wei Wang to Board of Directors

The Ethereum Foundation has announced the appointment of Hsiao-Wei Wang to its Board of Directors, strengthening its leadership as it continues to drive innovation in blockchain technology.