Fireblocks discloses massive vulnerability affecting crypto wallets
10.8.2023
Fireblocks said the vulnerabilities affecting Coinbase, Binance, and Zengo have since been fixed and has reached out to more than 12 others still at risk
SEC Seeks to Appeal Ripple-XRP Ruling — Requests Stay of Proceedings
10.8.2023
The U.S. Securities and Exchange Commission (SEC) has sent a letter to District Judge Analisa Torres seeking permission to file an interlocutory appeal in the SEC v. Ripple case over XRP. In addition, the securities regulator’s motion will “seek to stay the district court...
Rise in Chinese Citizens, Firms Using Digital Yuan to Pay Taxes
10.8.2023
More Chinese citizens and firms are using the digital yuan, China’s central bank digital currency (CBDC), to pay their taxes, state organs, and government-owned banks have claimed.
Per Xinhuanet, the claims were made by Hunan Province’s Tax Bureau, as well as the Changsha Central branch of...
Fed Launches New Crypto Oversight Program, Issues Dollar Stablecoin Guidelines
10.8.2023
The Federal Reserve has established a new supervisory program to increase oversight of crypto activities by the banks it regulates. The U.S. central bank also released additional guidelines for banks to follow before engaging in the issuance, possession, or transactions involving U.S. dollar...
Bitcoin miner Riot Platforms trims Q2 loss to $27.7M
10.8.2023
The firm managed to narrow net loss in the quarter as it ramped up Bitcoin production
Launchpad XYZ Makes it Easy for Crypto Newcomers to Find the Next Viral Coin Using AI and Blockchain Data – How Does it Work?
10.8.2023
Historically, trading has evolved from simple bartering systems to intricate stock exchanges and now, into decentralized exchanges trading digital assets. As trading methods transform, AI trading is becoming an instrumental tool for spotting promising opportunities in this digital era....
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SEC to seek interlocutory appeal in Ripple Case
10.8.2023
The SEC's interlocutory appeal comes nearly a month after Judge Analisa Torre's laid out her non-final ruling
The Protocol: Coinbase Launches Own Blockchain as Sleuths Scour PayPal's Stablecoin Software
10.8.2023
In this week's issue, we cover Coinbase's launch of "Base," a layer-2 network atop Ethereum, along with the crypto community's reaction to PayPal's new stablecoin and the brouhaha over Matter Labs' use of Polygon-crafted open-source software. The Protocol is CoinDesk's weekly newsletter devoted...
Putin and Ramaphosa Discuss BRICS Summit, Trade and Cooperation; Russian President to Join via Video Link
10.8.2023
Russian president Vladimir Putin and South African president Cyril Ramaphosa recently addressed cooperation, trade, and preparations for the upcoming BRICS summit. The two leaders conversed about practical cooperation and the expansion of the organization, reflecting a shared commitment...
SEC Will Appeal XRP Ruling in Case Against Ripple, Regulator Says
9.8.2023
The U.S. Securities and Exchange Commission (SEC) said it would file an "interlocutory appeal" of a judge's ruling on Ripple's programmatic sales of XRP, the regulator said in a court filing Wednesday
Bitcoin Miner Riot Posts Mixed Q2 Earnings Report, Sees Growing Consolidation in Industry
9.8.2023
Riot reported its second-quarter earnings after the close on Wednesday
Fireblocks Discloses ‘Zero Day’ Vulnerabilities Impacting Leading MPC Wallets
9.8.2023
It’s unlikely users were impacted by the vulnerabilities – collectively referred to as “BitForge” – but Fireblocks says they could’ve let hackers “drain funds from the wallets of millions of retail and institutional customers in seconds” if left unfixed