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Future Blockchain Summit announces the 1inch network as its 2023 headline sponsor
13.9.2023
Decentralized protocol powerhouse the 1inch Network has been announced as the official sponsor of the highly anticipated 2023 edition of the Future Blockchain Summit from October 15 to 18 at Dubai Harbour. “This is a major global event for the space, with Dubai as one of the established blockchain...
Blockchain active users can be misleading metric: Crypto data scientist
13.9.2023
0xScope co-founder Philip Torres says it doesn’t take much effort to spin up thousands of blockchain wallet addresses and pump up user metrics
Binance.US CEO Brian Shroder Departs, Exchange to Cut One-Third of Workforce
13.9.2023
The head of Binance.US, the US offshoot of the largest crypto exchange Binance, has left the digital assets giant as the company is reportedly cutting its workforce by one-third.
The crypto exchange is planning to eliminate 100 positions, a company spokesperson said in a statement....
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Republican Lawmakers Reintroduce CBDC Anti-Surveillance State Act to Block Digital Dollar
13.9.2023
U.S. Congressman Tom Emmer, with the support of 49 Republican lawmakers, reintroduced the CBDC Anti-Surveillance State Act.
This legislation seeks to block the issuance of a retail central bank digital currency (CBDC) that could undermine Americans' right to financial privacy, as per the...
21co Unwraps New Suite of Wrapped Cryptocurrencies
12.9.2023
21.co, the parent company of crypto exchange-traded products provider 21shares, has introduced a suite of wrapped tokens pegged to top crypto assets across multiple blockchains. The wrapped tokens are designed to increase liquidity and interoperability between different crypto networks. 21co...
CoinEx Crypto Exchange Hit by $28 Million Exploit, Four Hot Wallets Drained
12.9.2023
On September 12, CoinEx, a cryptocurrency exchange, experienced a suspected attack following a substantial outflow from four of its hot wallets, which was promptly detected and reported by the blockchain security firm Cyvers.
According to Cyvers Alert, the breach resulted in losses exceeding...
Bitfinex and Tether CTO Faces Deposition in Market Manipulation Case – Here's the Latest
12.9.2023
Paolo Ardoino – the outspoken CTO of Tether and Bitfinex – is set to testify this week as part of a years-long class action lawsuit against both exchanges after the executive's attempt to delay deposition was rejected by the court.
On Friday, legal counsel for the stablecoin issuer and crypto...
Crypto KYC Regulations Expected to Get Stricter, Says Bitget Managing Director
12.9.2023
Gracy Chen, Managing Director at crypto exchange Bitget, has indicated that crypto know-your-customer (KYC) measures are expected to become increasingly stringent in the near future.
Speaking in an interview with crypto news outlet The Block published on Monday, Chen suggested that crypto exchange...
NYU law professors argue ‘personal growth bets’ using smart contracts should be legal
12.9.2023
The duo’s paper says self-contracts can help you quit smoking or lose weight, but incentives such as putting a bomb in your skull would surely test the limits of the law
Suspected $28 Million Coinex Hot Wallet Hack Emerges
12.9.2023
Numerous reports have surfaced, pointing to a potential security breach in Coinex’s hot wallets, suggesting a hacker’s involvement. Peckshield, a blockchain security and data analytics firm, observed a concerning pattern – an unusual outflow of substantial assets originating...
Ethereum Name Service Allegedly Hacked by SiegedSec – Here's the Latest
12.9.2023
A tweet from Dominic Alvieri, a cybersecurity analyst and security researcher, sent shockwaves through the crypto community as it claimed that the Ethereum Name Service (ENS) had fallen victim to a breach, resulting in data being dumped by SiegedSec....
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Banana Gun’s Token Plummets Over 99% Within Hours Due to Contract Bug – Here’s What Happened
12.9.2023
Telegram bot Banana Gun's native token, BANANA is the latest victim of a crypto exploit due to a “bug” in their contract.
The highly anticipated token fell to a disastrous low within three hours of its launch as the incident led to a sharp drop in prices.
The token plummeted over 99% from $8.70...
Binance.US Opposes SEC, Calls Requests “Unduly Burdensome” in New Filing
12.9.2023
Binance.US has called the ‘compel and reply’ motion by the Securities and Exchange Commission (SEC) unreasonable and “unduly burdensome.”
According to court documents filed on Sept. 12 by BAM Trading Services, the legal entity of Binance.US, the exchange claims the depositions requested by...
Offchain Labs announces partnership with Espresso System
12.9.2023
Offchain Labs has announced a partnership with Espresso Systems. The objective is to bring sequencing technology to Ethereum roll-ups, provided they meet the nature of being open-source and decentralized. The partnership is based on the assumption that a total of three elements will be integrated....
Fabian Vogesteller’s Lukso Blockchain Adds ‘Universal Profiles,’ in Push for ‘Fancy’ Ethereum
12.9.2023
The Universal Profiles are a feature, currently in beta, designed to give users a holistic “on-chain identity” that comes with a recoverable crypto account as well as a profile for interacting with decentralized applications
Bitget Unveils $100M Fund to Expand Ecosystem and Foster Strategic Partnerships
12.9.2023
Bitget, a crypto exchange platform, announces a new $100 million to focus on the growth of its ecosystem. The fund is believed to be focused on developing regional exchanges, analytics firms, and media organizations.
Bitget, the Seychelles-based company, commenced a series of funding earlier this...
Wirex and Polygon CDK Join Forces to Revolutionize Digital Payments With W-Pay
12.9.2023
PRESS RELEASE. Wirex, a major player in crypto payments with over 6 million users, has chosen to partner with Polygon CDK (Chain Development Kit) to create a new App Chain focused on payments, named W-Pay. This move marks a significant development in the world of cryptocurrency payments....
Luno Exchange to Temporarily Halt Certain UK Client Investments Due to Upcoming FCA Regulations
12.9.2023
Luno, a crypto exchange owned by Barry Silbert’s Digital Currency Group (DCG), plans to stop certain UK clients from trading crypto due to regulatory changes that are coming into effect.
The new regulations, introduced by the UK’s Financial Conduct Authority (FCA) and expected to come into effect...
Sony and Startale Labs form partnership to build a blockchain
12.9.2023
Startale Labs recently announced a joint venture with Sony Network Communications. The collaboration will see the parties develop a blockchain for Sony. The blockchain network will be used to support the worldwide Web3 infrastructure. Both parties will merge their partner networks, expertise,...
Tron's Justin Sun Considers Buying FTX's Holdings Tokens to Ease Selling Impact on Markets
12.9.2023
A potential liquidation of FTX holding tokens will have a significant impact on the market as the figure hits $1.3 billion in assets experts opine.
Justin Sun, the founder of Tron Network contemplates making a bid for the assets held by FTX to reduce the impact a sale could have on the market...