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Judge Lewis Kaplan Rejects Sam Bankman-Fried's Pre-Trial Release Plea – Here's the Latest
13.9.2023
SDNY Judge Lewis Kaplan has rejected a plea from Sam Bankman-Fried's legal team to release the FTX founder before his upcoming trial to better prepare for the legal proceedings.
The decision was grounded in several key arguments presented by Judge Kaplan in a three-page memo on Tuesday pertaining...
Today in Crypto: BNB Chain Developers Reveal Public Launch of opBNB's Mainnet, Nansen Launches New AI-Powered Version, Ripple Will do 80% of Hiring This Year Outside the US
13.9.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: BNB Chain Developers Reveal Public Launch of opBNB's Mainnet, Nansen Launches New AI-Powered Version...
Huobi Crypto Exchange Rebrands to HTX to Mark 10-Year Anniversary – Here’s the Latest
13.9.2023
Digital asset exchange, Huobi rebrands to HTX as it celebrates its 10th anniversary offering rewards to the community.
Although no official announcement was made, the exchange has changed its official social media handles and community pages to HTX. The company’s web pages now bear HTX including...
Pantera Capital to Increase VC Reach to Mid-Stage Crypto Firms
13.9.2023
Digital assets investment giant Pantera Capital is increasing its venture capital (VC) reach to mid-stage crypto-centric companies, at a time when investors are interested in artificial intelligence (AI), particularly after the crypto market rout.
The plan is “probably the bigger change in...
CBDC Collaboration Between Hong Kong and Israel Prioritizes Data Privacy and Security
13.9.2023
A collaboration between the Bank for International Settlements (BIS) and the central banks of Hong Kong and Israel has demonstrated that central bank digital currencies (CBDCs) can settle on centralized ledgers without compromising privacy.
Dubbed Project Sela, the joint experiment has proven that...
MetaMask Snaps Open Beta goes live
13.9.2023
MetaMask has announced the launch of MetaMask Snaps in an open beta version. That is, users can test the development that has been made so far, give their feedback, and continue helping the product before it is widely made available for others. Snaps is a product that enables developers to join...
India Tops Chainalysis' Global Crypto Adoption Index Despite Heavy Tax Regulations
13.9.2023
India has claimed the top spot in Chainalysis' 2023 Global Crypto Adoption Index despite stringent tax regulations in the country.
Chainalysis, a global blockchain surveillance firm, recently released an excerpt from its annual crypto adoption report, shedding light on how various countries...
Ripple CEO Advises Crypto Startups to Avoid US, Suggests Jurisdictions with Smart Policies
13.9.2023
Ripple CEO Brad Garlinghouse has described the United States as a bad destination for crypto startups due to the country’s uncertain policies around digital assets.
Speaking at a panel at Token 2049 in Singapore, he stated that the United States is the worst place to start up a crypto-based firm...
Binance.US CEO Brian Shroder Departs, Exchange to Cut One-Third of Workforce
13.9.2023
The head of Binance.US, the US offshoot of the largest crypto exchange Binance, has left the digital assets giant as the company is reportedly cutting its workforce by one-third.
The crypto exchange is planning to eliminate 100 positions, a company spokesperson said in a statement....
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Republican Lawmakers Reintroduce CBDC Anti-Surveillance State Act to Block Digital Dollar
13.9.2023
U.S. Congressman Tom Emmer, with the support of 49 Republican lawmakers, reintroduced the CBDC Anti-Surveillance State Act.
This legislation seeks to block the issuance of a retail central bank digital currency (CBDC) that could undermine Americans' right to financial privacy, as per the...
CoinEx Crypto Exchange Hit by $28 Million Exploit, Four Hot Wallets Drained
12.9.2023
On September 12, CoinEx, a cryptocurrency exchange, experienced a suspected attack following a substantial outflow from four of its hot wallets, which was promptly detected and reported by the blockchain security firm Cyvers.
According to Cyvers Alert, the breach resulted in losses exceeding...
Bitfinex and Tether CTO Faces Deposition in Market Manipulation Case – Here's the Latest
12.9.2023
Paolo Ardoino – the outspoken CTO of Tether and Bitfinex – is set to testify this week as part of a years-long class action lawsuit against both exchanges after the executive's attempt to delay deposition was rejected by the court.
On Friday, legal counsel for the stablecoin issuer and crypto...
Crypto KYC Regulations Expected to Get Stricter, Says Bitget Managing Director
12.9.2023
Gracy Chen, Managing Director at crypto exchange Bitget, has indicated that crypto know-your-customer (KYC) measures are expected to become increasingly stringent in the near future.
Speaking in an interview with crypto news outlet The Block published on Monday, Chen suggested that crypto exchange...
Ethereum Name Service Allegedly Hacked by SiegedSec – Here's the Latest
12.9.2023
A tweet from Dominic Alvieri, a cybersecurity analyst and security researcher, sent shockwaves through the crypto community as it claimed that the Ethereum Name Service (ENS) had fallen victim to a breach, resulting in data being dumped by SiegedSec....
Read More: Ethereum Name Service Allegedly...
Banana Gun’s Token Plummets Over 99% Within Hours Due to Contract Bug – Here’s What Happened
12.9.2023
Telegram bot Banana Gun's native token, BANANA is the latest victim of a crypto exploit due to a “bug” in their contract.
The highly anticipated token fell to a disastrous low within three hours of its launch as the incident led to a sharp drop in prices.
The token plummeted over 99% from $8.70...
Binance.US Opposes SEC, Calls Requests “Unduly Burdensome” in New Filing
12.9.2023
Binance.US has called the ‘compel and reply’ motion by the Securities and Exchange Commission (SEC) unreasonable and “unduly burdensome.”
According to court documents filed on Sept. 12 by BAM Trading Services, the legal entity of Binance.US, the exchange claims the depositions requested by...
Offchain Labs announces partnership with Espresso System
12.9.2023
Offchain Labs has announced a partnership with Espresso Systems. The objective is to bring sequencing technology to Ethereum roll-ups, provided they meet the nature of being open-source and decentralized. The partnership is based on the assumption that a total of three elements will be integrated....
Bitget Unveils $100M Fund to Expand Ecosystem and Foster Strategic Partnerships
12.9.2023
Bitget, a crypto exchange platform, announces a new $100 million to focus on the growth of its ecosystem. The fund is believed to be focused on developing regional exchanges, analytics firms, and media organizations.
Bitget, the Seychelles-based company, commenced a series of funding earlier this...
Luno Exchange to Temporarily Halt Certain UK Client Investments Due to Upcoming FCA Regulations
12.9.2023
Luno, a crypto exchange owned by Barry Silbert’s Digital Currency Group (DCG), plans to stop certain UK clients from trading crypto due to regulatory changes that are coming into effect.
The new regulations, introduced by the UK’s Financial Conduct Authority (FCA) and expected to come into effect...
Sony and Startale Labs form partnership to build a blockchain
12.9.2023
Startale Labs recently announced a joint venture with Sony Network Communications. The collaboration will see the parties develop a blockchain for Sony. The blockchain network will be used to support the worldwide Web3 infrastructure. Both parties will merge their partner networks, expertise,...