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Taiwan Notes Rise in Bitcoin, Ethereum Use in Bribery Cases
5.7.2023
Bitcoin (BTC) and Ethereum (ETH)-powered “bribery” cases are on the rise in Taiwan, the nation’s justice ministry has claimed.
Per the China Times, the ministry warned that cash is no longer the only currency used in corruption cases.
The ministry said that BTC, ETH, and other coins were also...
Brazilian Lawmakers Want to Hear from Binance, Bitso & OKX as MPs Target Crypto Scams
5.7.2023
Brazilian lawmakers have summoned the heads of major crypto exchanges to parliament, with representatives of the trading platforms Binance, Bitso, and OKX all set to attend.
Per the Brazilian media outlet Livecoins, a special parliamentary commission for “cryptocurrency-based financial pyramid...
Data Reveals Persistent 'Fake Followers' Problem on Crypto Twitter
4.7.2023
Digital assets token accounts and crypto celebrities on Twitter have gained an “influx of fake followers,” a new report reveals.
One of Elon Musk’s top priorities for Twitter, following his $44 billion deal to buy the social media giant, is cracking down on fake accounts dubbed “spam bots.” Fake...
Justin Bieber Is Down $1.2 Million On His Bored Ape NFT – Here’s What Happened
4.7.2023
Worldwide singer-superstar Justin Bieber is deep in the red ever since joining the NFT world’s infamous Bored Ape Yacht Club (BAYC) last year.
In January 2022, the celebrity notoriously purchased Ape #3001 for 500 ETH, worth $1.3 million at the time. Today, that same collectible is worth just...
Attacker Siphons $10 Million in Crypto From Poly Network – Here's What Happened
4.7.2023
A hacker exploited the Poly Network over the weekend and swapped out nearly $10 million in ETH, security firm Beosin revealed.
Poly Network confirmed via Tweet on July 2nd that it became the latest victim of a DeFi exploit, enabling the hacker to mint $34 billion worth of crypto.
Poly Network,...
Huobi Crypto Exchange Fixes Breach That Leaked Thousands of Users' Contact Information
4.7.2023
Major crypto exchange Huobi has silently resolved a massive vulnerability that allegedly exposed user assets for two years.
Per white hat hacker and researcher Aaron Phillips, Huobi accidentally published a file containing Amazon Web Services (AWS) credentials in June 2021, that leaked contact...
Cipholio Ventures announces partnership with Kadena
4.7.2023
Cipholio Ventures has announced joining hands with Kadena to foster the development of blockchain technology. Both look forward to shaping the future of decentralization. Cipholio Ventures brings to the table its expertise in incubating several projects. Kadena, on the other hand, brings to...
Belarus Looks to Ban P2P Crypto Trading – Crackdown Incoming?
4.7.2023
Belarus is set to ban peer-to-peer (P2P) crypto “exchanges” – in a blow to traders operating in the country.
In a Telegram post from the Ministry of Internal Affairs, government officials said they were “preparing proposals for legislation” that would “prohibit the exchange of cryptocurrency...
Nasdaq Submits Revised Application for BlackRock's Bitcoin ETF to SEC
4.7.2023
What NASDAQ has resubmitted an application to the SEC for the listing of a Bitcoin ETF by BlackrockWhy The SEC had raised concerns last week about the details of the original submissionWhat Next The SEC has not provided a date for its final decision
Nasdaq has resubmitted an application to...
Hut 8 Is Keen On AI Computing As It Relocates 6,400 Rigs, Eyes Growth Amid Legal Battle
3.7.2023
Bitcoin (BTC) mining firm Hut 8 has announced plans to relocate 6,400 rigs from its facility in Ontario, Canada as the demand for AI and high-performance computing surges.
This is part of the firm’s wider plan to revive its dwindling activities after it faced a few hurdles including a legal...
Crypto Exchange OKX Signs $70 Million Deal to Become Official Sleeve Sponsor of Manchester City
3.7.2023
The crypto exchange OKX has signed a sponsorship deal with the English football club Manchester City to become its “official sleeve partner.”
The new sponsorship deal marks an expansion of OKX’s existing deal as Manchester City’s “Official Training Kit Partner” for the 2022 to 2023 season,...
Coinbase Aims to Modernize Direct Deposit Systems via Blockchain Stablecoin Settlements
3.7.2023
Coinbase has said it wants to modernize its direct deposit system using blockchain-based stablecoin settlements instead of the traditional ACH deposits.
According to a blog post written by Yuga Cohler, a senior software engineer at Coinbase, the company's goal is to update the financial system...
Regulatory Investigation Targets South Korean Crypto Lender Delio
3.7.2023
South Korea-based Delio is currently under scrutiny as the country's Financial Services Commission (FSC) investigates the crypto lending firm for alleged fraud, embezzlement, and breach of trust.
According to reports from local news outlet Digital Asset, the investigation sprouts from Delio's...
Crypto Struggles Are Predominantly North American, Says Animoca Brands CEO
3.7.2023
Animoca Brands CEO Yat Siu said that crypto entrepreneurs in North America are facing more struggles than other regions due to macroeconomic and regulatory conditions.
In an interview with Cointelegraph at the Collision conference in Toronto, crypto veteran Siu talked about the contrast in crypto...
dYdX Chain sets the V4 public testnet live on July 5
3.7.2023
dYdX Chain is set to release its public testnet on July 5, 17:00 UTC. The network will comprise an individual L1 blockchain based on Cosmos along with its Tendermint PoS (proof-of-stake) consensus protocol. After the chain goes live, dYdX will release its latest v4 iteration on the network. This...
Harry Styles' Concert App Introduces Blockchain Rewards for Fans
3.7.2023
5,000 fans of British megastar Harry Styles recently used an app that allowed them to open a self-custodial wallet in which to keep their blockchain-based rewards.
The former One Direction member held a concert in Ireland on June 10. The sold-out show saw 80,000 attendees.
All these people were...
Bank of America Forecasts Transformative Role of Tokenization in Finance
2.7.2023
According to a recent research report by Bank of America (BofA), tokenization can revolutionize financial and non-financial infrastructure and financial markets in the next five to 15 years.
The report highlights the transformative power of tokenization and its wide-ranging implications...
Six Clovers Unveils Versal Network for Cross-Border Crypto Payments in Stablecoins and CBDCs
2.7.2023
On June 29, Six Clovers, a company founded by former PayPal business and technology leaders Jim Nguyen and Nas Kavian, introduced the Versal Network on Sui blockchain.
This decentralized global payments network aims to streamline cross-border transactions for businesses worldwide. By utilizing...
Celsius Debtors Can Start Converting Altcoins to Bitcoin and Ether Starting Today
1.7.2023
The United States Bankruptcy Court for the Southern District of New York has allowed Celsius debtors to trade their altcoins for Bitcoin and Ether starting today.
The order issued by the bankruptcy judge Martin Glenn on 30th June will also help the distribution of the funds to creditors in...
Mind Network Secures $2.5M Seed Funding from Binance Labs, Other VCs
30.6.2023
Web3 data security and privacy platform Mind Network has closed a $2.5 million seed round that attracted many key investors, including Binance Labs, the venture capital and incubation arm of Binance.
Mind Network provides users with end-to-end encryption and gives full control over personal data...