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FTX’s Cold Wallets Relocate $19 Million to Various Exchanges – What’s Going On?
27.10.2023
The group overseeing the cold wallets tied to bankrupt crypto exchange FTX has sent over $19 million worth of crypto to various exchanges, according to blockchain data. On-chain analytics firm Peckshield reported that around 470,000 SOL tokens, with a value of around $15.5 million, were moved...
Deutsche Bank and Standard Chartered Venture into SWIFT Alternative for CBDCs
27.10.2023
Deutsche Bank and Standard Chartered’s venture arm SC Ventures are exploring a solution that aims to enable seamless communication between blockchain-based transactions, stablecoins, and central bank digital currencies (CBDCs). The two banks are actively testing the concept using...
SBF’s Legal Battle: Scaramucci’s Grim Outlook on Testimony
27.10.2023
FTX founder Sam Bankman-Fried began testimony in his own fraud trial on Thursday, defending himself from accusations of intentionally defrauding his exchange’s customers. Prior to taking the stand, SkyBridge Capital founder Anthony Scaramucci said that the former crypto mogul’s odds...
SBF Testifies FTX had no Risk Management Team, Denies Defrauding Anyone: “A lot of people got hurt”
27.10.2023
Bankman-Fried began his formal testimony in front of the jury shortly before 10 a.m. this morning in his landmark fraud case. It comes after his “dry-run” in front of Judge Kaplan yesterday afternoon following disputes between the prosecution and defense over what the defendant could...
Blockchain congestion and transaction queues actually deter ‘nefarious actors’ — Study
27.10.2023
According to the study, a blockchain’s “fullness” is directly related to its security
Crypto Expert Says Withdraw From Binance Now – Is It FUD?
27.10.2023
A crypto expert has urged his customers to withdraw their crypto from the world’s largest cryptocurrency exchange Binance as soon as possible, telling them that “what we’re hearing about Binance is abnormal”. As reported in a tweet on X by Simply Bitcoin, the CEO of crypto...
Goldman Sachs Analysis: Ethereum’s Path to Scalability
27.10.2023
Ethereum (ETH) ‘s upcoming Dencun upgrade, expected in the first quarter of 2024, will play a crucial role in the blockchain’s journey towards scalability as a settlement layer. In a recent note, Goldman Sachs highlighted the primary impact of the Dencun upgrade, which is increasing...
UK Residents Flags Privacy Concerns in Digital Pound Consultations: Bank of England
27.10.2023
The Bank of England (BOE) says the majority of 50,000 feedbacks it received from the public consultation on the digital pound revolve around privacy and fiat scarcity concerns. Jon Cunliffe, the bank’s Deputy Governor disclosed in a speech, Money and payments: a ‘black ships’...
Fintech, DeFi, GameFi, and more: Web3 startups kick off Cointelegraph Accelerator second cohort
27.10.2023
Sixteen startups selected from over 1000 applications will present their projects to a global audience
dYdX launches layer 1 blockchain, validators and stakers set to receive all fees
27.10.2023
dYdX completes the launch of its layer 1 proof-of-stake blockchain with the creation of its genesis block by chain validators
Terrorism Funding Claims Contradicted by Lack of Evidence for Substantial Crypto Donations to Hamas
27.10.2023
Blockchain analytics company Elliptic refuted claims on Wednesday that Hamas received millions in crypto donations in the months leading up to its attack on Israel earlier this month. Elliptic stated in a blog post that there is “no evidence to support the assertion that Hamas has received...
Today in Crypto: Digital Asset Product AUM Surged to $31.7 Billion in October, Binance Validated 300 User-suggested Features
27.10.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. __________ Investment news In October, the total assets under management (AUM) for digital asset products surged by 6.74% to reach...
Revenue for TRON DAO goes up by 14% in Q3
27.10.2023
Justin Sun has published numbers for revenue and profit for the third quarter, with both of them meeting expectations and setting the right tone for the final quarter of 2023. Sun has said that the group has collectively registered an increase of 14% in revenue for Q3-2023. The Justin Sun group...
Gumi Cryptos Capital and Arcane Group Lead $5.4M Investment in Moonveil Web3 Game Studio – Crypto Gaming Making a Comeback?
27.10.2023
Web3 game studio Mooveil has announced the successful completion of a pre-seed/seed round fundraising, securing a total of $5.4 million in investments. The funding round was led by Gumi Cryptos Capital and Arcane Group, two prominent players in the crypto investment landscape. In addition...
Kaspersky Unveils Powerful Malware Posing as Crypto Miner Infecting Over 1 Million Computers
27.10.2023
Global cybersecurity and digital privacy firm Kaspersky’s researchers have discovered highly sophisticated malware affecting over a million victims since 2017. The malware – “StripedFly” – initially masqueraded as a cryptocurrency miner and was later found to be...
Horizen launches EVM-compatible sidechain Horizen EON Mainnet
27.10.2023
Horizen recently announced the launch of its EVM-compatible ecosystem, the Horizen EON mainnet. The launch marks a new milestone in Horizen’s next-gen multichain ecosystem. The announcement was made on the official X/Twitter account of Horizen. The network also released an official post to inform...
No Evidence Hamas Received Significant Crypto Donations: Elliptic Says Data Has Been Misrepresented
27.10.2023
Blockchain analytics firm Elliptic says there is no evidence that Hamas has received significant volumes of cryptocurrency donations, emphasizing that crypto data it provides on the matter has been misrepresented. Noting that crypto accounts linked to Hamas have been seized or frozen, Elliptic...
Blockchain for a Better Planet: CEO Sunny Lu Explains How Vechain (VET) is Fighting the Climate Crisis – Next Big Trend?
27.10.2023
As the crypto industry pushes the limits of blockchain, the constant pursuit of innovation and sustainability takes center stage, with various consensus mechanisms vying for the spotlight, among them, Proof of Authority (PoA), employed by Vechain, emerges as a growing alternative, challenging...
Fantasy football game on Telegram: Fanton joins Cointelegraph Accelerator
27.10.2023
Fanton brings blockchain-based fantasy football to Telegram thanks to the IM service’s recent integration with the TON blockchain
Changpeng Zhao’s Net Worth Plummets by 82% Amid Binance Regulatory Turmoil
27.10.2023
The CEO and co-founder of Binance Changpeng Zhao has taken personal hits from the market with his net worth falling due to low trading volumes. The Bloomberg Billionaire Index Index released on Oct 26, shows the net worth of Zhao cut by $11.9 billion, a massive decline from his $96.9 billion...