Author: Cointelegraph By Arijit Sarkar

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Grayscale sheds $20B from Bitcoin and Ether ETFs

Grayscale’s BTC and ETH ETFs face significant outflows, while other approved ETF participants maintain a positive balance. Source link

BlackRock imposters target crypto ETF investors

BlackRock warns investors about a rise in crypto scams targeting its iShares Bitcoin and Ether ETFs, urging caution against social media impersonators. Source link

Cash, not crypto, still top funding choice for terrorists, Singapore reports

Singapore’s 2024 terrorism threat assessment reveals a continued reliance on cash transfers for funding by terrorist groups despite some increase in crypto usage. Source link

India cracks down on darknet drug deals using crypto tracking

India’s NCB forms a special task force and initiates digital forensics training to tackle the growing misuse of cryptocurrencies in drug trafficking. Source link

Europol anticipates rise in AI-driven cybercrime: Report

Europol’s 2024 report highlights AI tools enabling non-technical individuals to conduct sophisticated cybercrimes. Source link

Singapore commits $74.3M for quantum and AI in finance

MAS injects funds to enhance quantum computing and AI in Singapore’s finance sector, supporting local institutions with substantial co-funding. Source link

HKX joins list of crypto exchanges to quit Hong Kong market

HKX management advises users to withdraw assets following its decision to halt operations in Hong Kong due to regulatory compliance issues. Source link

Bitcoin Runes protocol sees sharp decline in popularity

The Bitcoin Runes protocol initially dominated daily transactions post-launch but is now seeing a decline, with BTC reclaiming its network dominance. Source link

Hong Kong flags 7 unregulated crypto exchanges for noncompliance

The Hong Kong Securities and Futures Commission added seven crypto trading platforms to its alert list for operating without licenses, raising concerns over investor safety. Source link

UK Law Commission sees no need for DAO-specific legal entity

The UK Law Commission scoping paper suggested legal reforms for DAOs, a review of the Companies Act and international cooperation on AML and tax frameworks. Source link