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BIS and Central Banks of France, Singapore and Switzerland Successfully Test Cross-Border CBDC Using DeFi
28.9.2023
The Bank for International Settlements (BIS) and central banks of France, Singapore, and Switzerland have jointly announced a successful test of cross-border trading and settlement for wholesale central bank digital currencies (wCBDCs).
This test incorporated innovative decentralized finance...
US House Committee Grills SEC Chair Gary Gensler Over Crypto, Dubbed 'Tonya Harding of Regulation'
28.9.2023
In a congressional hearing on September 27, the chair of the United States Securities and Exchange Commission (SEC) Gary Gensler, faced a barrage of questions and criticisms regarding the oversight of crypto markets.
Colorful analogies and sharp rebukes at the hearing shed light on...
Police Make 12 Arrests, Seize $1 Million in Cash and $9.8 Million in Assets in JPEX Case
28.9.2023
On Tuesday, Hong Kong police announced the arrest of 12 suspects in connection with the JPEX cryptocurrency exchange platform scandal.
During a press conference on Wednesday, Chris Tang Ping-Keung, the Secretary for Security of Hong Kong, reassured the public that the police are fully committed...
The Scalability Solution: Understanding Layer One vs. Layer Two Blockchains
28.9.2023
Layer one (L1) and layer two (L2) blockchains offer different approaches to scaling distributed ledger networks. While developers of L1 blockchains focus on improving the base protocol, L2 programmers have moved transactions off-chain to enable faster and cheaper transactions. What Are Layer...
Brazilian Military, Police, Civil Servants Face ‘Crypto Mining Ban’
28.9.2023
The Brazilian state of Santa Catarina has barred public officials, including police and military officers, from mining crypto.
In an updated set of rules for public sector workers, the state wrote that public officials, including members of the armed forces and civil servants, should “refrain”...
Gemini Reportedly Withdrew $280 Million From Genesis Before Crypto Lender Filed for Bankruptcy
28.9.2023
Tyler and Cameron Winklevoss owned Gemini exchange reportedly withdrew approximately $280 million from Genesis Global just months before the crypto lender initiated a freeze on customer deposits and ultimately filed for bankruptcy.
Genesis and Gemini had jointly offered an "Earn" program that...
Do Kwon Fights SEC Extradition Request Over Terra and Luna Stablecoin Collapse
28.9.2023
Do Kwon, founder of Terraform Labs, is fighting a U.S. Securities and Exchange Commission (SEC) request to extradite him for questioning about the collapse of his stablecoins Terra and Luna, according to court documents filed on Wednesday.
The filing, submitted to the U.S. District Court for...
Monetary Transfers Readily Displace Inscriptions on Bitcoin, Glassnode Reveals
27.9.2023
Ordinal inscriptions have quickly consumed Bitcoin’s available block space since their debut last year, a study by blockchain analytics firm Glassnode found. These text and image files act as “packing filler,” filling any remaining space in blocks after higher-value...
"Bye Bye" to Bitcoin? Robert Kiyosaki Weighs In on Citibank's Citi Token Services
27.9.2023
On Tuesday, renowned author and financial literacy advocate, Robert Kiyosaki, sparked off a spirited debate in the cryptocurrency sphere with his remarks on the future of Bitcoin and the US dollar.
The author, famed for his best-selling book "Rich Dad Poor Dad," shared his thoughts on the social...
The Protocol: Google Pushes Deeper into Blockchain
27.9.2023
Google's cloud-computing division is increasingly involved in blockchain, with plans to add 11 networks including Polygon, Optimism, and Polkadot to its 'BigQuery' program for public datasets
Chainlink’s Cross Chain Protocol Goes Live On Base: Here’s The Latest
27.9.2023
Blockchain oracle network Chainlink has integrated its Cross-Chain Interoperability Protocol (CCIP) on the Coinbase layer 2 network, Base.
According to a Sept 27 press release, the cross-chain interoperability protocol is now live on Base giving the network’s developers access to the whole...
Blockchain detectives: Mt. Gox collapse saw birth of Chainalysis
27.9.2023
From solving Mt. Gox to tracing crypto used by child abuse syndicates in Korea, Chainalysis has a long but sometimes controversial history
Cricket World Cup to feature Web3 fan app as ICC taps into NEAR blockchain
27.9.2023
The International Cricket Council will leverage NEAR's Blockchain Operating System to power a Web3 fan engagement app during 2023 Cricket World Cup in India
Google paves way for AI-produced content with new policy
27.9.2023
A subtle change to the description of Google Search’s helpful content system could very well be the beginning of a new era of content distribution on the internet. Something to be embraced or a pause for thought?
Web3’s resilience amidst the bear market: A promising horizon awaits
27.9.2023
In the bear market's quiet, there is ample room for ideation, innovation and the laying of a foundation that will not just withstand, but thrive, in the subsequent bull market
Fraudster Faces 12-year Jail Sentence for $100M Crypto Ponzi Scheme
27.9.2023
Pablo Renato Rodriguez, co-founder of the major crypto-based pyramid scheme AirBit Club, has been sentenced to 12 years in prison by US District Judge George B. Daniels.
Rodriguez and his co-conspirators, including Gutemberg Dos Santos, orchestrated the AirBit Club scheme, which lured unsuspecting...
Binance CMO Hails Istanbul as a Crypto Hub
27.9.2023
Rachel Conlan, the new Chief Marketing Officer (CMO) of Binance, the world's largest cryptocurrency exchange by trading volume, conducted an interview with Serdar Turan as part of CoinDesk Türkiye's Exclusive Interview series
Bitcoin Miner Marathon Reportedly Mines Invalid BTC Block
27.9.2023
Bitcoin mining company Marathon Digital (MARA) has mined an invalid Bitcoin block at height 809478, according to several developers, miners and researchers
NAKA Launching the First Self-Custodial Payment Card/Scheme Working on POS Terminals Worldwide
27.9.2023
PRESS RELEASE. SLOVENIA – Sep 27th, 2023 – NAKA introduces a new decentralized approach to finances, built upon a pioneering blockchain-based payment scheme and a payment card that links to the wallet managed by MetaMask and can be read by any POS terminal worldwide. NAKA has developed...
Mixin Network Proposes $20 Million Bug Bounty to Hacker in $200 Million Security Breach
27.9.2023
Mixin Network, the Beleaguered cross-chain transactional network for digital assets, which suffered an attack on Sept. 23 wiping $200 million, has offered a bug bounty to the exploiter on Wednesday.
“Most of our platform assets were users’, and we hope you can refund them. You can keep $20M of...