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Rug Pulls Account For Majority of Scams as Q3 2023 Exploits Wipe Out $720 Million
25.10.2023
The impact of digital asset scams has been a major talking point around policies, regulations, and developer’s direction this year with millions lost across chains to bad actors. A new report by blockchain security firm Hacken shows a quarter-to-quarter increase in hacks and money drained...
Vodafone and Chainlink Collaborate on Blockchain-Enabled Proof of Concept for Global Trade
25.10.2023
Vodafone’s Digital Asset Broker (DAB) announced on Tuesday a collaborative proof of concept with Chainlink Labs, Sumitomo Corporation, and InnoWave. The initiative’s goal is to tackle existing obstacles in the $32 trillion global trade ecosystem. The partners revealed their efforts...
Bitfinex Launches 36-Month Tokenized Bond
25.10.2023
Bitfinex Securities, a subsidiary of the Bitfinex cryptocurrency exchange, has announced the launch of a tokenized bond. This development represents a significant step in the convergence of traditional finance and the world of blockchain and digital assets. ????Bitfinex Securities Announces...
Vodafone DAB and Chainlink Labs work to transform global trade
25.10.2023
Vodafone DAB, Digital Asset Broker, has demonstrated the capabilities to transform global trade through Blockchain innovation. The same has been done in association with Chainlink Labs. DAB leveraged the potential of proof-of-concept to address the challenges of the exchange of data and services....
Mastercard Explores Web3 Alliances: MetaMask and Ledger Included
25.10.2023
Source: Pexels Global payments giant Mastercard is eyeing potential collaborations with self-custody wallet firms, such as MetaMask and Ledger, as part of its strategic push into the Web3 space. Citing an internal report from a Web3 strategy workshop, CoinDesk on Tuesday said Mastercard sees...
NFL Rivals Crypto Game Hits 3 Million Players as Revenue Surges – Adoption on the Rise?
25.10.2023
Popular blockchain-based game NFL Rivals is nearing 3 million signups, just four months after reaching the 1 million milestone.
"We’re closing in on 3 million [new players]," John Linden told The Block.
Linden is an industry veteran and the CEO of Mythical Games, the gaming studio behind...
Nocturne Raises $6M From Vitalik Buterin, Polychain, Bankless and Bain Capital Crypto to Enable Private Accounts on Ethereum
25.10.2023
Nocturne, a protocol enabling private accounts on public blockchains, has raised millions from prominent players in the Ethereum ecosystem, aiming to go live on the mainnet in the coming weeks.
Launched earlier this year, Nocturne today announced its $6 million seed funding round co-led by Bain...
Binance announces Binance Blockchain Week Istanbul 2023 agenda
25.10.2023
Binance Blockchain Week Istanbul 2023 is happening on November 8, 2023, and November 9, 2023. The 2-day event is bringing together experts who hail from different backgrounds. This includes industry leaders, investors, policymakers, and entrepreneurs, among others. The center stage is set...
Coinbase Challenges SEC's Broad Definition of Securities in New Court Filing
25.10.2023
Coinbase's submission of a "final petition" to the court in its ongoing legal battle with the US Securities and Exchange Commission (SEC) argues tokens don't necessarily represent the definition of an investment contract and that the SEC has overstepped its regulatory bounds....
Read More: Coinbase...
Crypto Layoffs Continue: Polkadot Blockchain Developer Parity to Cut 30% Workforce
25.10.2023
Polkadot blockchain developer Parity Technologies is the latest blockchain firm to conduct layoffs.
The DLT infrastructure company confirmed to Bloomberg that it would cut 30% of its employees – around 100 staff – in a move to refocus on its core blockchain services....
Read More: Crypto Layoffs...
Fantom Sonic testnet goes live with major upgrades
25.10.2023
Fantom Foundation has announced the launch of Fantom Sonic. This comes months before the launch of its mainnet, which is tentatively scheduled to happen in Spring 2024. The testnet environment aims to mitigate the issues of limited throughput and slow finality. There are a total of three upgrades...
Binance is Reportedly Behind New Hong Kong Crypto Exchange Seeking License
25.10.2023
Crypto exchange giant Binance seems to have connections with a newly established cryptocurrency trading platform in Hong Kong that has announced its intention to apply for a license in the city, according to a South China Morning Post report.
The trading platform, known as HKVAEX, was created...
FTX Reportedly Considering Bids to Restart Exchange, Decision Expected by Year End
25.10.2023
Fallen crypto exchange FTX is currently evaluating proposals from three prospective bidders seeking to restart the crypto trading platform, according to a recent Bloomberg report.
During a court hearing held in Wilmington, Delaware, Kevin M. Cofsky, the investment banker representing FTX from...
Interview with Shane Rodgers: Navigating the Future of Crypto Markets amidst Regulatory Hurdles and Altcoin Saturation
25.10.2023
Since Bitcoin's inception in 2008, the cryptocurrency industry has witnessed an astronomical rise, transforming the very fabric of the financial landscape. However, this explosive growth has not come without its hurdles.
From the pioneering days of Bitcoin to the plethora of altcoins saturating...
BlockFi Clients Can Now Submit Withdrawal Requests as Bankruptcy Plan Takes Effect
25.10.2023
The US-based crypto lending company BlockFi has emerged from bankruptcy, allowing clients to begin the process of withdrawing their assets.
This development comes nearly 11 months after BlockFi was caught in the turbulence of the cryptocurrency industry, triggered by the disastrous collapse...
Beleaguered Binance Loses Another Chief Executive From its UK Office – What’s Going On?
25.10.2023
Binance’s UK chief Jonathan Farnell who is also the CEO of a subsidiary Bifinity, has resigned from the company, adding to a slew of executive departures in recent times.
His departure comes a week after the world’s largest crypto exchange announced suspending new customer registrations in the...
Chinese Energy Giant PetroChina Sets New Precedent with e-CNY Crude Oil Deal
25.10.2023
In a historical first, PetroChina – a Chinese-state-owned oil and gas company – has officially completed its first international crude oil trade using the digital yuan (e-CNY).
The Shanghai Petroleum and Natural Gas Exchange (SHPGX) announced the transaction on Friday, confirming that PetroChina...
TradFi Continued Interest in Crypto Shows It Is No Longer a Fad: CFTC Commissioner
25.10.2023
Cryptocurrency investing is rapidly breaking into mainstream financial consciousness, according to pro-crypto Commodity Futures Trading Commission (CFTC) Commissioner Summer Mersinger.
Making her thoughts heard in a special appearance on CoinDeskTV, Mersinger noted that crypto trading is no longer...
Ledger Debuts Cloud-based Private Key Recovery Tool Despite Previous Backlash
24.10.2023
Popular hardware wallet company Ledger has launched a cloud-based private key recovery tool called 'Ledger Recover.'
According to the official X announcement on October 24, Coincover, a renowned blockchain protection platform, designed the recovery tool. Ledger Recover will provide users an entry...
How Blockchain Technology Empowers Law Enforcement in Crypto Investigations
24.10.2023
Despite what some have been led to believe, “cryptocurrency isn’t the currency of choice for criminals,” according to Perianne Boring, CEO of the Chamber of Digital Commerce.
Writing in an opinion piece in the Wall Street Journal on Monday, Boring hit back at the accusations made by the same...