Latest Web3 Finance and Compliance Reports
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[Ben Davis] The $1.5B ByBit Hack: Would Insurance Have Helped?
The cryptocurrency industry was recently shaken by a sophisticated attack on ByBit, resulting in a $1.5 billion loss in ETH. The attack, attributed to North Korea’s sanctioned Lazarus Group,…
4 min read
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[FAILSAFE] Bybit Attack Update: $1.4B Stolen, $42.89M Frozen – What’s Next?
The Largest Breach in Crypto History In what is now the largest breach in cryptocurrency history, Bybit suffered a staggering loss of 499,395 ETH, valued at approximately $1.4 billion. This…
4 min read
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[Kane Wang] ByBit Hack Incident: Overview and Reflections
On the 21st at 22:13 Singapore time, the ByBit team conducted a routine fund transfer. During the approval process, Ben double-checked the Safe{Wallet} URL and the transaction address…
4 min read
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Understanding the Employment Act of Singapore: A Guide for Startups
Introduction The Employment Act (EA) is Singapore’s primary labor law, governing the fundamental terms and conditions of employment. It protects employees by establishing minimum employment standards while ensuring…
4 min read
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[Pragmax Consulting] Redefining Compliance: From Cost to Competitive Advantage
Challenging Compliance Myths: The True Meaning of Compliance: Conclusion: Compliance, when approached strategically, becomes a powerful tool for growth, innovation, and resilience. It empowers businesses not just to…
4 min read
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[51 INSIGHTS] Memecoins: How to Separate Value from Hype
Introduction to Memecoins: The Evolution and Popularity of Memecoins: Challenges and Regulatory Considerations: Memecoins as Strategic Business Tools: For business leaders, memecoins can be leveraged for: Conclusion: Memecoins…
4 min read