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Here’s How the Latest Hot US CPI Numbers Impacted Crypto Markets
12.10.2023
Hotter-than-expected US Consumer Price Index (CPI) inflation numbers did little the shift sentiment in the crypto market on Thursday.
Bitcoin (BTC) was last trading just under $26,700, just to the north of its 50-Day Moving Average (DMA), which appears to be offering support for now, but still...
Scroll zkEVM Launches, Blockchain Data Shows, Competing With Polygon, Matter Labs
12.10.2023
The new Ethereum layer-2 network's debut adds to the competition among rival providers of so-called "zkEVMs," including Polygon and Matter Labs
Blockchain Analysts Just Added This New Coin to Their Portfolio – What Do They Know?
12.10.2023
As Bitcoin prepares for its next halving event, expected post-April 2024, blockchain analysts are showing interest in yPredict, an AI trading platform currently in the latter stages of its crypto presale. The attention to yPredict comes on the heels of predictions by crypto analyst PlanB,...
Charlie Munger's Zoomtopia Keynote: Crypto, AI, and Life Wisdom
12.10.2023
Charlie Munger, renowned investor and Vice-Chairman of Berkshire Hathaway, took the stage during video conferencing company Zoom’s Zoomtopia conference on October 4, sharing his thoughts on crypto, artificial intelligence (AI), and valuable life lessons.
This exclusive event was closed to...
Elliptic: FTX Hacker Laundered Stolen Crypto Funds Through Russian Crime Networks
12.10.2023
Close to a year has passed, and the hacker responsible for the staggering $477 million heist from the now-defunct crypto exchange FTX still remains elusive. Yet, Elliptic, a leading blockchain analytics firm, has meticulously mapped the intricate journey of the stolen funds, shedding light on...
Court Approves Genesis and FTX $175 Million Settlement Deal Despite Outrage from Creditors
12.10.2023
A United States court has approved the settlement terms of bankrupt digital asset lender, Genesis and FTX's sister company, Alameda Research.
A Court filing on Oct 11 shows judicial accent cloaked the agreement which was entered by both companies in the course of the bankruptcy...
Stablecoin-Issuer Circle Pushes for USDC Adoption in the Philippines – What's Going On?
12.10.2023
Stablecoin issuer Circle has teamed up with Coins.ph, a major Philippine crypto exchange and crypto wallet provider, to enhance financial inclusion and improve remittances in the Philippines.
According to an announcement published by Circle on Wednesday, the partnership aims to raise awareness...
Mastercard announces successful wrapped CBDC trial results
12.10.2023
The experiment demonstrated that CBDCs could be wrapped to purchase NFTs on blockchains such as Ethereum
Coinbase Trading Volume Plunges 52% to $76 Billion, Marks Lowest Quarter After Public Listing
12.10.2023
Coinbase, the largest cryptocurrency exchange by volume in the United States, recorded a significant decline in spot trading volumes as the crypto bear season drags on.
On Oct 11 Bloomberg reported that the low figures posted by the popular exchange in the last quarter could be its lowest in...
Examining Crypto: Was It Ever More Than a Solution in Search of a Problem?
12.10.2023
As FTX executives testify to the sheer magnitude of ex-boss Sam Bankman-Fried’s seismic crypto fraud during his trial, some can’t help but wonder what legitimate purpose the industry can ever actually serve.
In an opinion piece for the Wall Street Journal on Wednesday, contributing columnist Adam...
Indonesia to conduct blockchain trials for public services
12.10.2023
Tuhu Nugraha, who works with the Indonesian government, said that the country will soon conduct trials on applying blockchain technology in public service use cases
JPMorgan settles its first blockchain-based collateral
12.10.2023
JPMorgan Chase & Co. has successfully carried out its initial collateral settlement for clients with the help of blockchain. This is at a time when the biggest bank in the US is looking into commercial applications that are created on the technology that is at the heart of crypto. BlackRock...
Alameda Research Lost $200M to Several Phishing Attacks Due to “Poor Security Practices”: Ex-FTX Engineer
12.10.2023
Former Alameda Research software engineer Aditya Baradwaj has exposed several security flaws that reportedly caused the FTX’s sister hedge fund at least a staggering $200 million.
In a series of posts on X (Twitter), titled ‘The Hacks,’ the whistleblower revealed, “poor security practices...
LayerZero goes live on OpBNB
12.10.2023
LayerZero Labs has announced that applications built on BNB Chain can now be expanded to OpBNB. New applications will not have to do a lot; however, existing applications that have already integrated the BNB Chain will have to expand their horizons following the announcement. OpBNB is a layer-2...
TON Foundation Aims to Secure Guinness World Record as the World's Fastest Blockchain
12.10.2023
On October 11, the Open Network Foundation (TON Foundation) announced its participation in a Guinness World Records-approved competition to claim the title of "world's fastest blockchain." The public network performance test is slated to take place on October 31, 2023, at 15:00 UTC. During this...
Avalanche-based Star Arena Recovers 90% of Hacked Funds, Offers 10% Bounty
12.10.2023
On-chain social platform, Star Arena has announced a recovery of assets drained from its platform over the weekend following an agreement with the hacker.
In a post on X (formerly Twitter), the platform disclosed that 90% of user assets have been recovered while the hacker was offered a...
Japanese Firms to Use Digital Currency for Clean Energy Certificate Settlements
12.10.2023
A consortium of Japanese firms is set to launch a yen-based digital currency, "DCJPY," by July 2024, that will be used in transaction and settlement of clean energy certificates.
Cryptocurrency exchange DeCurret revealed the issuance of a new digital currency today that will be used by various...
Bank of Ghana Launches Hackathon to Explore Various Use Cases of CBDC
12.10.2023
The Ghanaian central bank said it will be hosting a 12-week hackathon where participants are expected to explore the e-cedi’s nine different use cases. At the end of the hackathon, the central bank will hold a conference where individuals with outstanding solutions are recognized. Addressing...
Computable Functions Verified on Bitcoin — How BitVM Seeks to Elevate BTC’s Smart Contract Game
12.10.2023
A new computing model, BitVM, aims to enhance Bitcoin’s smart contract capabilities without requiring changes to the blockchain’s consensus rules. The white paper, published on October 9, 2023, has drawn significant attention and its fair share of criticism. Can BitVM Set a...
Parsec Crypto Analytics Firm Raises $4 Million in Investment Round Led by Uniswap and Billionaire Novogratz’s Galaxy Digital
12.10.2023
Pro on-chain DeFi and NFT analytics platform Parsec has secured $4 million in an investment round.
Sharing the news on X, the crypto-facing analytics platform revealed that the investment round was led by billionaire pro-crypto investor Mike Novogratz’s Galaxy Digital.
Other key investors...