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Japan May Become ‘Crypto El Dorado’ – South Korean Experts
4.10.2023
Japan is aiming to become a crypto and Web3 “powerhouse,” South Korean analysts and experts believe – but some think Seoul still has what it takes to surpass Tokyo.
Per Chosun Ilbo, South Korea’s biggest newspaper, Seoul-based crypto firms are concerned by the Japanese government’s proactive...
Dirham-Inspired DRAM Stablecoin Listed on Uniswap, PancakeSwap
4.10.2023
Swiss-based blockchain firm Distributed Technologies Resources (DTR) has announced the launch of a Dirham-backed stablecoin, DRAM. The token launched today, October 3, 2023.
According to founder Akshay Naheta, who served as a SoftBank executive once in his career, the tokenized fiat equivalent...
Royal Thai Police Retrieves $277 Million From Fraudsters With Binance’s Help
3.10.2023
The Cyber Crime Investigation Bureau (CCIB), an arm of the Royal Thai Police, has announced the successful retrieval of $277 million (about 10 billion THB in local currency) in digital funds from internet fraudsters, all thanks to its collaboration with the Binance exchange. ...
Read More: Royal...
New Investment Firm Deus X Capital Targets Crypto Opportunities with $1 Billion in Assets
3.10.2023
Deus X Capital, a newly launched investment firm backed by a family office, has entered the crypto space with a combined $1 billion in fresh capital and existing investments.
The firm's leadership includes Tim Grant, who assumes the role of CEO.
Prior to joining Deus X Capital, Grant served...
Suspicious Activity: FTX Hacker Moves 22,500 ETH Worth $37 Million – What's Going On?
3.10.2023
In a series of concerning transactions, the hacker or group of hackers believed to be behind last year’s infamous FTX hack has moved millions of dollars’ worth of stolen crypto.
In the past few days, the so-called FTX hacker has transferred 22,500 Ether (ETH), equivalent to about $37 million...
Sam Bankman-Fried in the Dock: A Deep Dive into FTX's Bankruptcy and Alleged Crypto Fraud
3.10.2023
Sam Bankman-Fried, the former CEO of FTX, is set to face trial in federal court in Manhattan, starting with jury selection today. The 31-year-old is accused of being the architect behind one of the largest financial crimes in U.S. history, following the bankruptcy of his crypto platform FTX.
The...
Hong Kong's Crypto Advancements Could Boost East Asian Crypto Activity, Says Chainalysis Report
3.10.2023
A recent report from Chainalysis suggests that Hong Kong could play a significant role in reviving crypto activity in the East Asian region, which has faced challenges due to a China-wide ban on crypto trading activities since 2019....
Read More: Hong Kong's Crypto Advancements Could Boost East...
Short Seller Jim Chanos Criticizes Michael Lewis' Defense of FTX, Compares It to Enron
3.10.2023
Famous billionaire short-seller Jim Chanos blasted Big Short author Michael Lewis on Sunday for his charitable defense of FTX founder Sam Bankman-Fried (SBF).
In an episode of CBS’s 60 Minutes this weekend, Lewis discussed his new book “Going Infinite,” in which he told his story on SBF based...
Sygnum Singapore Obtains Major Payment Institution License for Crypto Brokerage Services
3.10.2023
Sygnum Singapore, a subsidiary of the Switzerland-based cryptocurrency bank Sygnum, has received approval for its Major Payment Institution License (MPIL) from the Monetary Authority of Singapore (MAS) to be able to provide crypto brokerage services to accredited investors and institutions...
At Last, Blockchain Developer OP Labs Delivers ‘Fault Proofs’ Missing From Core Design
3.10.2023
The developer’s OP Stack software – the blueprint for Coinbase’s new Base blockchain – had been criticized for the lack of a crucial security feature, likened to driving a fast car without airbags
CFTC Chair Clashes with SEC's Gensler, Argues Majority of Crypto Should Be Seen as Commodities
3.10.2023
Yesterday at the Futures Industry Association Expo, Rostin Behnam, Chair of the U.S. Commodity Futures Trading Commission (CFTC), reiterated his call for a comprehensive regulatory structure for the crypto sector. ...
Read More: CFTC Chair Clashes with SEC's Gensler, Argues Majority of Crypto...
Today in Crypto: Kazakh Mining Firms Stop Machines and Ask the President to Cut Energy Prices, Chainalysis Finds 'Notable' Decline in Eastern Asia’s Crypto Activity
3.10.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: Kazakh Mining Firms Stop Machines and Ask the President to Cut Energy Prices, Chainalysis Finds 'Notable'...
Kazakhstan’s Miners Write Letter to President, Makes Plea For Lower Energy Prices
3.10.2023
Digital asset miners in Kazakhstan have written an open letter to President Kassym-Jomart Tokayev asking for lower energy prices.
According to reports from local media sources, eight major mining firms penned their signatures to the letter as more miners suspend their activities in...
How the actor model could enable better blockchain gaming apps
3.10.2023
Can developments in computing help fix blockchain gaming’s quality problem?
Lido, Coinbase, and Rocket Pool Corner 89% of Ethereum’s Booming $20 Billion Liquid Staking Market
3.10.2023
Since 2020, applications for liquid staking on the Ethereum blockchain have seen steady growth, and as of the first week of October 2023, a total of 23 liquid staking derivatives (LSD) platforms hold 12.4 million ether, valued at over $20 billion. Currently, the top three LSD protocols hold sway...
Web3 gaming takes center stage in the UAE at Future Blockchain Summit
3.10.2023
The gaming landscape has undergone a profound transformation in recent years, ushering in a new era marked by unprecedented innovation and decentralization. At the forefront of this revolution is the rise of Web3 gaming, a groundbreaking paradigm that has rapidly gained traction worldwide. Nowhere...
Bank of Portugal’s Chief Pushes For Global Crypto Regulation – Here’s What You Need to Know
3.10.2023
The governor of Banco de Portugal, Mário Centeno has called for international cooperation towards a global framework for crypto regulation.
According to him, national efforts alone cannot protect investors due to the nature of digital assets as it can lead to regulatory arbitrage creating...
Crypto Venture Investments in Web3 Startups Decline for Seventh Consecutive Quarter
3.10.2023
Venture capital interest in web3 startups continues to wane as data from Crunchbase reveals a seventh consecutive quarter of declining investments in the sector.
The decline, which started in the fourth quarter of 2021 after a peak in crypto venture fundraising, persisted through the third quarter...
Exclusive: Hackers selling discounted tokens linked to CoinEx, Stake hacks
3.10.2023
Blockchain analytics firm Match Systems has made contact with an individual who is believed to be selling tokens linked to the recent CoinEx and Stake hacks at discounted prices
Chia Network Faces IPO Setback, Lays Off 26 Workers – Bear Market Woes Continue?
3.10.2023
The bear has claimed more victims: blockchain and smart-contract platform Chia Network announced today that it has fired nearly 30 of its staff, at the time the company is making moves to go public in the US.
According to the post on the project's Twitter account, Chia has "eliminated...