Global Crypto Rules to Be Grounded on Coming FSB and IMF Synthesis Paper, India Says After G20 Meetings

The basis of coming global crypto rules will be formed on a new synthesis paper, jointly produced by the International Monetary Fund (IMF) and the Financial Stability Board (FSB), announced India as the holder of the Group of 20 (G20) Presidency in Bangalore on Saturday. CoinDesk Global Policy and Regulation Managing Editor Nikhilesh De discusses what to expect.

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Chainalysis Examines Crypto Hacks In the Bear Market

A new Chainalysis report reveals that last year was the biggest annual period ever for crypto hacks, with roughly $3.8 billion stolen from crypto businesses. Chainalysis Director of Research Kim Grauer breaks down the findings, saying, "there are certain types of crimes are really connected to the bear market."

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Explaining Exchange Wallets

To understand exactly what happened it is also important to provide some more detail on Binance’s wallet setup. Deposit Wallets Binance creates millions of these individual wallets regularly for customers, and they are internet-connected to send funds or tokens into the exchange. Hot Wallets Hot …

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