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Bitcoin Mining Company Hut 8 to Bid for Natural Gas Power Plants and Bitcoin Facility
7.11.2023
Hut 8, a public Bitcoin mining company, announced it has been cleared to issue a “stalking horse” bid for several natural gas power plants and a Bitcoin mining site. The Canada-based miner hopes to integrate these services to expand its business to sell power to the market and develop...
Yuga Labs addresses Apefest ‘vision damage’ issue; community calls out poor management
6.11.2023
The Bored Ape community was not very impressed by the Yuga Labs' reaction to the mishap, calling out their lack of basic health management at the event
Hong Kong Regulator Planning to Widen Purview of Virtual Assets Supervision
6.11.2023
The Hong Kong Monetary Authority is reportedly planning to expand the purview of its supervision of virtual assets to include entities that issue stablecoins. The Hong Kong regulator said it also wants to create a framework that governs banks’ provision of virtual asset custody services. Hong...
Latam Insights: USDT Takes Over Brazil, Bukele’s Administration Accused of Embezzlement
6.11.2023
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: USDT dominates the Brazilian crypto market, Bukele’s administration is accused of deviating funds for Bitcoin projects, and Venezuelan exchanges...
FBI Dives Into FTX Customer Records — Field Offices Issue Subpoenas to Bankruptcy Consultants
4.11.2023
Reports indicate that the U.S. Federal Bureau of Investigation (FBI) has received data on FTX clients from the advisors of the now-insolvent firm. These consultants have complied with a minimum of five inquiries issued by the bureau’s local offices across various states. FTX Implosion Leads...
Aave pauses several markets after reports of feature issue
4.11.2023
The pause affects multiple markets, including Aave V2 Ethereum Market and certain assets on Aave V2 on Avalanche. In addition, certain assets on Polygon, Arbitrum, and Optimism have been frozen
Aave’s GHO Stablecoin Grapples With Dollar Peg Stability: Liquidity Fixes on the Horizon
4.11.2023
The decentralized finance (defi) protocol Aave’s stablecoin asset called GHO has been struggling to keep its peg to the U.S. dollar. While it is coasting along at $0.966 per unit at the time of writing, five days ago it tapped an all-time low at $0.917 per coin. Aave’s Liquidity Committee aims...
Singapore Police Issue Warning Over WhatsApp Phishing Scam
3.11.2023
Singapore's police force have issued a warning in relation to a new variant of a phishing scam that involves hackers taking over a victim's WhatsApp account and contacts
Hashkey Group to Issue Stablecoin In Partnership With Yuanbi Technology and Zhongan Bank
2.11.2023
At the KUN & Hashkey Exchange strategic cooperation signing ceremony held earlier today, Dr. Xiao Feng, the founder of Hashkey Group, announced plans to issue a stablecoin backed by the Hong Kong dollar. Hashkey Group will partner up with Yuanbi Technology and Zhongan Bank to issue...
Attacker Exploits Rounding Issue to Steal $2.1 Million From Onyx Protocol
1.11.2023
DeFi project Onyx Protocol has fallen victim to a security breach, losing more than $2 million worth of crypto assets. According to a recent post by blockchain security firm Polyzoa, the attacker exploited a rounding issue within the Onyx Protocol to steal $2.1 million worth of funds from...
Latam Insights: Argentina Prepares for Run-off Election With Crypto on the Agenda, Colombia Works on Digital Peso
30.10.2023
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: Argentina prepares for a run-off election with crypto on the agenda, Colombia works to formulate a digital peso, and Prosegur will build a crypto-secure...
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...
Lightning Network Developer States Disclosed Vulnerability Is Not an ‘Intentional Backdoor,’ Calls for Responsible Journalism
25.10.2023
Antoine Riard, a security researcher and developer who exposed a vulnerability in the Lightning Network, Bitcoin’s scaling layer, has clarified this vulnerability is not an “intentional backdoor,” addressing statements made on social media. Riard stressed the problem had been...
‘Bond King’ Bill Gross Predicts Q4 Recession: Loan Delinquencies and Regional Banks in the Crosshairs
24.10.2023
Bill Gross, revered as Wall Street’s ‘Bond King,’ foresees a recession clouding the U.S. economy by the year’s final quarter. He pinpoints the burgeoning issue of overdue car payments and the financial strains beleaguering regional banks as catalysts for the impending...
Egypt Becomes First MENA Country to Issue Chinese Yuan-Denominated Bonds
24.10.2023
Eygpt has reportedly become the first Middle East North Africa (MENA) region country to issue so-called “panda bonds” after it issued Chinese yuan denominated bonds worth $479 million. Issuing panda bonds marks another step in Egypt’s attempts to move away from costly dollar...
Latam Insights: Argentine Digital Currency Bill to Be Introduced ‘as Soon as Possible,’ Bitfinex Free P2P Exchanges
23.10.2023
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: The Central Bank of Argentina is pushing for the introduction of the digital currency “as soon as possible,” Bitfinex makes P2P transactions free...
European Banking Authority, ESMA issue crypto entity suitability guidelines
20.10.2023
The joint guidelines include granting authorization for ART and CASP issuance and conducting prudential assessments for potential acquisitions
Elizabeth Warren and 100 Lawmakers Push Biden on Crypto-Terrorism Action, Despite Less Than 1% Illicit Use
18.10.2023
Elizabeth Warren, the Democratic senator from Massachusetts, is alarmed by the potential of crypto-fueled terrorism. She has rallied over 100 policymakers and approached the Biden administration, urging the executive branch to tackle this pressing issue. The news follows Warren’s recently...
Latam Insights: Venezuela and Argentina Leverage ‘Unique’ Crypto Use Cases, Brazilian Congress Advises Indicting CZ
16.10.2023
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: Venezuela and Argentina use crypto uniquely, according to Chainalysis; the Brazilian Congress recommends indicting Binance CEO Changpeng Zhao, and...
Moscow Exchange Plans to Issue Real Estate Digital Assets by 2024
14.10.2023
The Moscow Exchange, the largest exchange in Russia, has announced plans to issue real estate digital assets in 2024. According to Sergei Kharinov, director of digital assets for the platform, this will lower the entry barrier for qualified and unqualified investors to put part of their portfolio...