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Former Israeli Military Intel Personnel Launch New Crypto Firm Blockaid with $33 Million in Funding – What Does it Do?
24.10.2023
Web3 security company Blockaid said it has emerged from stealth with $33 million in funding to protect users from fraud, phishing, and hacks.
The company, founded in September 2022, concluded its series A funding round, bringing the total raised to $33 million, led by Ribbit Capital and Variant...
Blockchain Forensics Firm CipherBlade Hit by Alleged Hostile Takeover Amid Founder's Absence
24.10.2023
The founder of the Pennsylvania blockchain forensics firm CipherBlade claims that a group of employees executed a "hostile takeover" in a lawsuit filed in Alaska.
The blockchain intelligence firm alleges that a group of its employees carried out a "hostile takeover" while the founder, Richard...
Standard Chartered, Deutsche Complete First Stablecoin Swaps on UDPN Blockchain
24.10.2023
SC Ventures, Standard Chartered Bank’s VC arm, and German banking giant Deutsche Bank have executed the first stablecoin swaps on the Universal Digital Payments Network (UDPN), per a report published Monday.
UDPN is a blockchain-based messaging system supporting government-regulated digital...
DeFi Education Fund, Paradigm File Amicus Brief Supporting James Harper’s appeal against IRS
24.10.2023
DeFi Education Fund (DEF), a crypto research and advocacy group, and crypto investment company Paradigm have filed a separate amicus brief supporting James Harper’s lawsuit against the US Internal Revenue Service (IRS).
Paradigm confirmed Friday that the amicus brief urges the Supreme Court...
Doctor Pleads Guilty to Bitcoin-Paid Darknet Murder Plot Against Girlfriend
23.10.2023
A Georgia medical doctor admitted to using Bitcoin to pay someone $16,000 on the dark web in an attempt to kill his girlfriend, according to the US Attorney's Office, Northern District of Georgia.
On October 17, Dr. James Wan, 54, pleaded guilty in Atlanta federal court to one count of using...
FTX Creditor Claims Priced Above $0.50 in Over-the-Counter Transactions
23.10.2023
A number of over-the-counter (OTC) transactions involving FTX creditor claims are valuing these claims at over 50 cents on the dollar.
According to a report by The Block, the price is a notable increase from earlier, and was revealed by Thomas Braziel, a specialist in FTX debt claims at...
Nigerian Crypto Exchange Patricia Implements Debt Restructuring Using Convertible Notes – What's Going On?
23.10.2023
Patricia, a Nigerian crypto exchange, is embarking on a significant debt restructuring initiative, offering customers the option to convert owed funds into Patricia shares.
The company recently introduced Patricia Tokens (PTK), which it has now made available to customers for this purpose....
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CipherBlade Founder Says Blockchain Sleuthing Firm 'Hijacked'
23.10.2023
Members of the original CipherBlade entity – who no longer control its domain or social platforms – are suing the new ownership
U.S. Lawmakers Press Biden Administration to Address Hamas' Crypto Funding
23.10.2023
The U.S. government is tightening trade restrictions on Hamas-related to entities as Congress presses the Biden administration to do more about the terrorist group’s sources of crypto funding.
On October 17, over 100 senators petitioned U.S. Treasury and White House officials highlighting...
Tracking stolen crypto — How blockchain analysis helps recover funds
23.10.2023
Over $900 million was hacked in crypto in 2023. How can blockchain analysis help in finding and retrieving stolen assets?
Bitmain to Support Aleo’s PoW Blockchain With Latest Antminer Release
23.10.2023
Crypto mining rig manufacturer Bitmain plans to release a new Antminer supporting the proof-of-work (PoW) blockchain network Aleo. The announcement comes after Bitmain’s recent launches of filecoin and kaspa machines and the company’s latest series of bitcoin miners. Aleo’s...
VeChain and BCG announce funds for climate transition
23.10.2023
VeChain has said that it has partnered with BCG, or Boston Consulting Group, to lead the charge in sustainability. Both partners are investing $75 billion in climate transition funds for a brighter future. The same will be the topic of discussion when their respective representatives reach Money...
Blockchain companies are creating AI chatbots to help developers
23.10.2023
Blockchain companies are building AI chatbots to help developers, yet challenges may hamper adoption
Bitmain Diversifies Product Range with Aleo Blockchain Mining Machines
23.10.2023
Bitmain, the leading manufacturer of Bitcoin (BTC) mining machines, has announced plans to launch miners designed for Aleo, a privacy-focused blockchain platform that utilizes zero-knowledge proofs (ZKP).
The China-based firm revealed its plans in a WeChat post on Monday, stating that it will...
Hong Kong Regulator Gives Green Light to Wider Retail Virtual Asset Investments With Applicable Safeguards
23.10.2023
Hong Kong’s financial regulators The Securities and Futures Commission (SFC) and the Hong Kong Monetary Authority (HKMA) have released new guidelines on how intermediaries are to conduct virtual asset-related activities in light of new market developments....
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Hong Kong Regulator Gives Greenlight to Wider Retail Virtual Asset Investments With Applicable Safeguards
23.10.2023
Hong Kong’s financial regulators The Securities and Futures Commission (SFC) and the Hong Kong Monetary Authority (HKMA) have released new guidelines on how intermediaries are to conduct virtual asset-related activities in light of new market developments....
Read More: Hong Kong Regulator Gives...
Thailand Delays Plan to Distribute $15 Billion in Digital Currency to its Citizens
23.10.2023
Thailand's ambitious plan to distribute digital currency to its citizens, with a total value of approximately $15 billion, has hit a roadblock, as Deputy Minister of Finance Julapun Amornvivat announced a delay in the program's launch, local media outlets reported.
The initiative aimed to provide...
Binance Halts Visa Debit Card Service in Europe Amid Regulatory Concerns
23.10.2023
Following Visa and Mastercard's termination of partnerships with Binance a couple of months ago, the world's largest cryptocurrency trading platform is now ceasing service of its Visa debit card in the European Economic Area (EEA)....
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Eyeball-Scanning Project Worldcoin to Reward Operators in WLD Token Instead of USDC - Here's Why
23.10.2023
Eyeball-scanning cryptocurrency project Worldcoin, co-founded by Sam Altman, announced Sunday that the project operators would receive rewards in its native coin WLD, instead of USD Coin (USDC) stablecoins.
Worldcoin operators, who operate the biometric imaging device – Orb – developed by Tools...
Hong Kong Customs Chief Addresses Money-Laundering Risks in Crypto Exchanges Post JPEX Scandal
23.10.2023
Hong Kong's Commissioner of Customs and Excise, Louise Ho Pui-shan, has called for increased oversight and regulatory measures in response to mounting money-laundering risks within the crypto sector.
This call to action comes amid the HK$1.5 billion ($191 million) JPEX scandal that exposed...