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Senator Calls for Audit on Palau’s Ripple-Backed Stablecoin Pilot Program


Palauan senator Mark Rudimch has called for an audit of Palau’s stablecoin pilot program, launched by the country’s ministry of finance in partnership with Ripple in July. In a letter sent to the public auditor Satrunino Tewid, Rudimch reported the Palauan senate had concerns regarding...

FBI Issues Warning on Scam Involving Criminals Impersonating NFT Developers


The Federal Bureau of Investigation (FBI) has issued a Public Service Announcement (PSA) warning about criminals impersonating non-fungible token (NFT) developers in social media. According to the PSA, criminals can impersonate these developers on social media by hijacking accounts or using similar...

Curve Finance Offers Public Bounty of $1.85 Million to Identify Hacker


Curve Finance, the troubled DeFi platform that lost over $60 million last week in an exploit, has announced a bounty of $1.85 million to anyone who can identify the exploiter. In a Tweet Monday, the DeFi protocol noted that the deadline for the “voluntary return of funds” in the Curve Finance...

Kenyan Government Says It Has ‘Suspended’ Worldcoin Activities


The Kenyan interior ministry said on Aug.2 that Worldcoin’s activities in the country have been “suspended” in order to give government agencies an opportunity to assess the cryptocurrency project’s potential risks to public safety. The country’s interior minister...

Prosecutors Want Sam Bankman-Fried Jailed Ahead of Trial


U.S. prosecutors have asked a federal judge to put crypto exchange FTX founder Sam Bankman-Fried in jail over alleged witness tampering before his trial starts in October. While requiring the prosecution to formalize the request and giving the defense enough time to make its case, the judge issued...

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