Search
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....
Read More: Ethereum Name Service Allegedly...
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...
FLOKI Addresses Rumors and Denies Association with PetabyteCapital – What's Going On?
12.9.2023
FLOKI INU, a popular crypto meme project, addressed users on X about allegations and rumors about its projects and warned the crypto community to beware of anyone using their brand name and reputation to promote any project to them, as it is likely a scam.
FLOKI used their X handle @RealFlokiInu...
Bankrupt Celsius Founder Alex Mashinsky Asks Court to Dismiss US FTC Case
12.9.2023
Former Celsius CEO Alex Mashinsky, who has been embroiled in legal troubles since his company's bankruptcy and his subsequent arrest, is now seeking to have the Federal Trade Commission (FTC) drop its case against him.
In a recent court filing, Mashinsky's legal team has argued that the FTC's...
Vitalik Buterin Discloses Twitter SIM Swap Attack That Drained $691K From Users’ Wallets
12.9.2023
Ethereum co-founder Vitalik Buterin revealed that his recent Twitter (X) account hack, that wiped over $691,000 victims’ funds in a fake NFT promo, was a result of a “SIM swap” attack.
Blockchain analyst ZachXBT, which confirmed $691,000 had been drained from people's wallets, declined...
Shocking Sybil Attack Uncovered: Individual Controls Over 21,000 Wallets on zkSync Network
12.9.2023
According to a recent X thread, it has recently come to light that an individual has orchestrated an incredibly sophisticated Sybil attack on zkSync, a layer-2 scaling solution for Ethereum.
This Sybil attack has given this individual control over a staggering 21,877 wallets within the network....
Five Arrested in Thailand for Alleged Involvement in $76M Crypto Scam
12.9.2023
In a coordinated cross-border operation, Thai authorities have arrested four Chinese nationals and one Lao citizen suspected of orchestrating a massive 2.7 billion baht ($76 million) crypto scam, Bangkok Post reported.
The investigation, led by the Cyber Crime Investigation Bureau (CCIB)...
Decentralized Exchange Sushi Ventures Beyond Ethereum by Expanding to Aptos
12.9.2023
The decentralized crypto exchange Sushi is expanding to the Aptos blockchain. The team noted that the move marks Sushi’s first expansion onto a non-EVM blockchain. From Ethereum to Aptos Sushi is a decentralized exchange (dex) and automated market maker (AMM) built on the Ethereum blockchain....