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Defi Sector Navigates an Extended Crypto Winter: TVL Dips to February 2021 Levels
2.9.2023
The realm of decentralized finance (defi) is grappling with the aftermath of the sweeping crypto market slump that marked the close of August. As it stands, the total value locked (TVL) in defi, pegged at $37.59 billion, has plummeted to a low last witnessed in the second week of February 2021....
How Web3 can prevent Hollywood strikes - Replay joins Cointelegraph Accelerator
2.9.2023
Hollywood strikes echoed the unbalanced value distribution in the streaming video industry — blockchain can change that
Crypto Regulation: Binance Australia's General Manager Ben Rose Provides Perspective on Digital Asset Laws
2.9.2023
During an interview at the Intersekt Fintech conference in Melbourne, Australia, on August 31, Ben Rose, General Manager of Binance Australia, expressed strong confidence in the ability of Australian regulators to make informed decisions regarding digital asset regulations in the country.
Rose's...
Infamous Chisel Targets Android Crypto Wallets, Raising Security Concerns
2.9.2023
Infamous Chisel, a new malware, is attacking crypto wallets on Android devices, posing serious security concerns for crypto users. The malware was discovered to be extracting sensitive data via the Tor network.
While there is no confirmation, the malware is suspected to be the work of Sandworm,...
Robinhood Agrees $600 Million Buyback of Seized Sam Bankman-Fried HOOD Stake From US Marshal Service
2.9.2023
On August 30, Robinhood entered into a $605.7 million (HOOD) share buyback agreement with the US Marshal Service (USMS) to reclaim shares formerly held by Same Bankman-Fried (SBF) through Emergent Fidelity Technologies....
Read More: Robinhood Agrees $600 Million Buyback of Seized Sam Bankman-Fried...
Specialists Depart Market-Making Crypto Firm Jump Crypto to Launch Douro Labs – Here's What You Need to Know
1.9.2023
Jump Trading’s digital asset unit, Jump Crypto, appears to be scaling back after a handful of the company's specialists fled to start building a separate blockchain project.
Former company employees including Mike Cahill, Jayant Krishnamurthy and Ciaran Cronin have now co-founded Douro Labs, where...
MakerDAO Should Use Solana’s Code to Build Its New Blockchain, Co-Founder Says
1.9.2023
Some community members have already pushed back against the idea
Ron DeSantis' Crypto Campaign Donations Delayed by Hurricane
1.9.2023
Florida Governor Ron DeSantis, who had been planning to announce the acceptance of crypto contributions for his 2024 presidential campaign, was forced to delay the initiative due to the approach of Hurricane Idalia.
The hurricane made landfall in Florida on August 30, prompting DeSantis to focus...
Creditors Accuse Crypto Lender Genesis of Vote Buying as Bankruptcy Proceedings Continue
1.9.2023
Creditors of crypto lender Genesis and its parent company the Digital Currency Group (DCG) have opposed a proposed settlement deal leveling accusations of voter manipulation.
According to a filing on Aug. 31, creditors including digital asset exchange Gemini have criticized the proposal as...
China Court Classifies Digital Assets As Property Despite Blanket Ban By Government
1.9.2023
A People’s Court in China has stated that under the existing legal framework, digital assets have economic value and are still legal property backed by law.
In a recently published report cited by local media analyzing the legality of cryptocurrencies, the court highlighting the criminal...
Navin Vethanayagam, Chief Brain at IQ.wiki, on The Future of AI & Blockchain, Friend.tech, and Grayscale Bitcoin ETF | Ep. 261
1.9.2023
In an exclusive interview with cryptonews.com, Navin Vethanayagam, Chief Brain of IQ.wiki, talks about The future of AI x blockchain, the disruptive potential of collaborative AI-blockchain applications, and blockchain's role in restoring trust by tracking and verifying content...
StarkWare, Herodotus launch tech to verify data from any point in Ethereum's history
1.9.2023
Storage Proofs could prove useful for services like account recovery tapping into the ability to access and verify historical Ethereum data
French Data Watchdog Conducts 'Inspections' at Worldcoin's Office in Paris
1.9.2023
France's data watchdog, CNIL, made an unannounced visit to the office of Worldcoin in Paris this week, intensifying the scrutiny surrounding the cryptocurrency project's controversial privacy practices.
The surprise inspection took place at Worldcoin's Orb center, a facility where individuals'...
Swift unleashes the power of tokenization
1.9.2023
Swift is carrying out multiple experiments to unravel the sheer power of tokenization. The exposure is on the framework that is able to effortlessly initiate the shifting of tokenized value throughout various public and private blockchains. The experimentation will help to do away with...
Crypto Exchange OKX Looks to Expand into India
1.9.2023
Seychelles-based crypto exchange OKX is looking to expand into India despite the uncertain regulatory environment.
In an interview with CoinDesk, OKX’s chief marketing officer confirmed that the exchange is planning to foray into India’s web3 space and recruit local staff.
The crypto exchange...
Web3 Loses $1.2 Billion to Hacks and Rug Pulls so far in 2023: Report
1.9.2023
Web 3 platforms have lost over $1.2 billion so far this year in hacks and rugs pulls, according to a report from web3 bug bounty platform Immunefi.
The report revealed a total of 211 separate incidents contributing to this massive sum, with the month of August alone accounting for $23.4 million...
Binance's Asia-Pacific Head Departs Amidst Market Share Decline and Regulatory Pressures
1.9.2023
According to Bloomberg's sources, Leon Foong, who served as the head of Binance Asia-Pacific, is leaving his position at the world's largest cryptocurrency exchange.
Foong was crucial in Binance's growth in South Korea, Thailand, and Japan. While an official announcement is pending, insiders have...
Nexo Launches a Crypto-Powered Debit and Credit Mastercard for the European Economic Area (EEA)
1.9.2023
In partnership with Mastercard, Nexo launched the world's first "Dual Mode Crypto Card," offering debit and credit functionalities for European Economic Area (EEA) citizens on August 31.
The Nexo "Dual Mode Crypto" Card offers users the ability to optimize tax responsibilities by utilizing Credit...
Court Ruling in Favor of Grayscale Clears Path for Bitcoin Innovation in US: Vivek Ramaswamy
1.9.2023
Grayscale’s court win over the U.S. securities regulator will help keep crypto innovation in America, Republican presidential hopeful Vivek Ramaswamy is convinced. While praising the “strong decision,” Ramaswamy also commented that the case should have never reached the courts. Federal Courts...
Amazon's Free NFT Giveaway: Here's How to Claim Your Loot
31.8.2023
Amazon Prime is dishing out free gaming NFTs to its subscribers through its Prime gaming portal.
The $15 per month subscription lets users claim a variety of free NFTs available on the site, which can also be used in their blockchain's respective games. Items range from special skins to playable...