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AI-Focused Cryptogpt Raises $10 Million in Series A Funding to Expand Into Asian Markets
11.4.2023
A Layer two (L2) project, called Cryptogpt, which leverages ZK-rollup technology and artificial intelligence (AI), has announced that its team has raised $10 million in capital from a Series A funding round. The crypto and AI firm disclosed that the new funds would be used to expand into...
Economists Expect the Fed to Reveal Another 25bps Rate Hike Before Pausing for the Rest of 2023
10.4.2023
After the March rate hike by the Federal Reserve, economists believe that the recent move by Saudi Arabia and several members of the Organization of the Petroleum Exporting Countries (OPEC) to cut oil production could complicate the central bank’s mission. Additionally, the majority of...
Sushiswap Smart Contract Bug Results in Over $3M in Losses; Head Chef Says Hundreds of ETH Recovered
10.4.2023
According to several reports, a bug introduced to the decentralized exchange (dex) protocol Sushiswap’s smart contract has resulted in more than $3 million in losses. The blockchain and smart contract security firm Peckshield explained the exploited contract was “deployed in multiple...
Trustwave Spiderlabs Researchers Warn of New Strain of Malware That Drains Crypto Funds
8.4.2023
According to researchers at Trustwave Spiderlabs, a strain of malware known as Rilide is believed to be helping cybercriminals steal funds from cryptocurrency exchanges. Although the steps being taken to tackle this malware are likely to make life more difficult for cybercriminals, two researchers...
Pheu Thai Candidate Promises Digital Currency Airdrop of $300 to Every Citizen in Thailand if Elected
8.4.2023
A Pheu Thai candidate running for prime minister of Thailand position, Srettha Thavisin, has promised that every citizen in the country will receive 10,000 Thai baht ($300) in digital currency if he wins the general election in May. However, a minister within the prime minister’s office...
Reports Claim Chivo Bitcoin Wallet Is Flagging Wasabi Transactions in El Salvador
7.4.2023
According to several reports, the Salvadoran government-issued bitcoin wallet, Chivo, has been freezing wallets and requesting that owners verify the source of funds. The founder of El Zonte’s Bitcoin Beach stated that the government’s bitcoin wallet software is flagging and freezing...
Today in Crypto: Do Kwon Converted Millions in Illicit Funds to BTC, Robinhood to Pay $10.2M in Penalties, Mt Gox Creditors Repayment Window Now Open
7.4.2023
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: Do Kwon Converted Millions in Illicit Funds to BTC, Robinhood to Pay $10.2M in Penalties, Mt Gox Creditors...
Do Kwon converted stolen funds from Luna to Bitcoin: S.Korean prosecutors
7.4.2023
South Korean prosecutors have reached out to Binance to request a halt on any withdrawal linked to Do Kwon
Report: Binance Asked to Provide More Information as Dubai Tightens Screws Against Crypto Entities
7.4.2023
Dubai’s Virtual Assets Regulatory Authority (VARA) has reportedly asked Binance to share more information about the crypto exchange’s ownership structure and its auditing procedures. According to reports, Dubai regulators are still keen on fostering innovation but without comprising...
Paxful co-founders’ litigation cites misappropriation of funds, money laundering, U.S. sanctions evasion
6.4.2023
A bitter dispute between Paxful's co-founders in Delaware courts may have led to the crypto marketplace's sudden closure
Today in Crypto: Sentiment Recovers 90% of Funds from Hacker, Major Chinese State-owned Company Launching Two Crypto Funds, Australian Regulator Cancels Binance's Derivatives License
6.4.2023
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: Sentiment Recovers 90% of Funds from Hacker, Major Chinese State-owned Company Launching Two Crypto Funds...
Chinese state insurance firm launches two crypto funds in Hong Kong: Report
6.4.2023
The Chinese government-backed CPI Investment Management is launching two crypto funds related to blockchain investment and staking
Terra Co-Founder Shin’s Binance Funds May Be Frozen After Prosecution Request – Will Crypto Exchange Comply?
6.4.2023
South Korean authorities have confirmed that they have asked the crypto exchange Binance to freeze crypto belonging to the Terraform Co-founder Daniel Shin.
The broadcaster KBS reported that the prosecution had “requested a freeze action from” Binance, “in relation to [cryptoassets] that appear...
Chinese State-Owned Company Launches 2 Crypto Funds in Hong Kong
6.4.2023
One of China’s leading insurers has backed the establishment of two crypto investment funds in Hong Kong. The business move comes against the backdrop of the region’s ambitions to become a hub for digital assets, and despite the negative regulatory attitude towards the market in the mainland....
Allbridge to first begin repaying stuck bridge users after recouping funds
5.4.2023
The compensation process is expected to start next week, starting with users who had funds on the bridge “shortly before the shutdown.”
Crypto Funds’ Bitcoin Holdings Rise as Investor Demand Rebounds
4.4.2023
Fund managers have added about 4,000 bitcoins in recent weeks
Euler Labs hacker returns 'all of the recoverable funds' — Timeline
4.4.2023
23 days after the hack, on April 4, Euler Finance announced the total possible recovery of the lost funds, thus ending the $1 million bounty
Euler Says All 'Recoverable Funds' Stolen in $200M Hack Have Been Returned
4.4.2023
Culprit had already apologized
GMO Financial Holdings Buys 10% of Crypto Hedge Fund AWR Capital for Undisclosed Amount
3.4.2023
AWR will act as a market maker at GMO Financial Holdings subsidiary GMO Coin, one of the largest crypto and FX exchanges in Japan
Household Crypto Holdings Included in Bank of Russia’s Consumer Finance Survey
3.4.2023
The Central Bank of Russia has added crypto asset holdings of households to its survey of consumer finances. The statistics reveal that Russian families keep more money in cryptocurrency wallets than in gold investment accounts or mutual funds. Russia’s Central Bank Evaluates Cryptocurrency...