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SEC adopts cyberattack disclosure rules, listed crypto firms included
28.7.2023
Coinbase, Marathon Digital and Riot Blockchain are among the SEC-registered cryptocurrency firms that would need to comply with the rules
Brazilian Police Swoop on Suspected Crypto Pyramid Operator Braiscompany
28.7.2023
Brazil’s police force has conducted raids on addresses linked with Braiscompany, a suspected crypto pyramid. The firm’s owners have allegedly escaped the country with around $160 million worth of customers’ funds.
Police launched an investigation into the firm, codenamed Operation Halving, earlier...
DOJ Drops Campaign Finance Charge Against Sam Bankman-Fried Due to Treaty Obligations with The Bahamas
28.7.2023
On July 26, the Department of Justice (DOJ) informed federal judge Lewis A. Kaplan that they "do not intend to proceed" with a campaign finance charge against FTX founder Sam Bankman-Fried.
This decision came after consulting with The Bahamas regarding the campaign finance charges mentioned...
Stronghold Expands Operation With $3M Acquisition of 2,000 Canaan Bitcoin Miners
27.7.2023
Stronghold Digital Mining announced Thursday it has acquired 2,000 application-specific integrated circuit (ASIC) bitcoin mining rigs from Canaan. The new machines, costing $3 million, will be delivered to Stronghold’s Panther Creek facility in the third quarter. Stronghold Digital Mining...
Executive Director of Wyoming's Stablecoin Project to Earn More Than Governor Mark Gordon
27.7.2023
The US state of Wyoming is seeking to hire an executive director for its new stablecoin project, and the position will pay an annual salary of $150,000, which is $10,000 more than the state’s governor.
According to the job post for the position, the executive director will be in charge of carrying...
Tokenization News Roundup: Avalanche Invests $50M in RWA
27.7.2023
Competition among blockchains to grab some of the RWA market, new lending pool from Credix that supports Colombian farmer, the first-ever tokenization under Spain’s new laws, how the U.K’s regulations may lead to the country becoming a tokenization hub, and more for the week ending July 27, 2023
CFA Institute Survey: Chinese and Indian Investment Professionals Show Strong Support for CBDC
27.7.2023
Investment professionals in both China and India are largely bullish on Central Bank Digital Currency (CBDC), according to a new survey from the CFA Institute.
The association, which provides credentialing for chartered financial analysts, found that 66% of its members in India and 70% in China...
North Korea's Lazarus Group Suspected in $37 Million Hack on CoinsPaid
27.7.2023
North Korean hackers at the infamous Lazarus Group are suspected to be behind a $37 million attack on crypto payment system CoinsPaid.
The attack, which happened on July 22, successfully drained funds from the company’s own reserves, while customer deposits were unaffected, CoinsPaid said in...
Today in Crypto: BNB Chain Report Shows Web3 Growth Despite Bear Market, Beam Wallet Leveraging Optimism and Base Launches, Binance Withdraws its Crypto License Application in Germany
27.7.2023
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: BNB Chain Report Shows Web3 Growth Despite Bear Market, Beam Wallet Leveraging Optimism and Base Launches...
Amazon Expands Managed Blockchain Services
27.7.2023
The tech giant moves deeper into Web3 infrastructure with AMB Access and Query services for developers
Bank of Italy's Innovation Hub to Work with Polygon and Fireblocks on DeFi Project
27.7.2023
The Bank of Italy announced a partnership with the Ethereum scaling team Polygon and crypto infrastructure provider Fireblocks to initiate a pilot program aimed at establishing a regulated platform for "institutional DeFi."
This collaboration sets a landmark as it involves a G7 Central Bank...
Spain's A&G Launches New Crypto Fund Under Spanish Law with PwC Oversight
27.7.2023
Spanish private bank A&G has launched Spain’s first locally regulated crypto hedge fund, the firm announced this week.
The crypto hedge fund has been registered under the name Criptomonedas, F.I.L., and will be overseen by Spain’s financial markets regulator, Comisión Nacional del Mercado...
UK Move to Digitize Trade Documents Could Rely on Blockchain, Government Says
27.7.2023
The Electronic Trade Documents Act, set to take effect later this year, could make use of blockchain tech to improve security and reduce costs
Cosmos Blockchain Project Faces 'Existential' Challenge with Terra's Fall and Ethereum's Rise
27.7.2023
Cosmos, a once-pioneering blockchain ecosystem renowned for its groundbreaking concept of interconnected blockchains called "appchains" and its innovative proof-of-stake consensus mechanism, is now facing an uphill battle for survival.
The blockchain ecosystem faces existential challenges in...
US House Financial Services Committee Approves First Crypto Regulatory Framework Bill
27.7.2023
A key US House Committee on Wednesday passed a bipartisan bill to ensure regulatory clarity for cryptocurrencies.
The House Financial Services Committee approved a Republican-led bill in a 35-15 vote, with support from some Democrats including Jim Himes of Connecticut and Ritchie Torres of...
Crust Network expands decentralized storage with EVM support for Arbitrum
27.7.2023
Crust Network, a decentralized storage protocol renowned for its exceptional security and efficiency, continues to make headlines with its latest innovation, Crust EVM Storage, which now supports the Arbitrum ecosystem. With a vision to expand the scope of decentralized storage, Crust...
Redditor's hacked Bitcoin is a lesson on the hidden dangers of paper wallets
27.7.2023
"My Bitcoin was taken. How?" A Reddit user thought they were following best practices until two days ago when their Bitcoin wallet was completely cleaned out
SEC Charges Quantstamp $28 million For Conducting an Unregistered Initial Coin Offering
27.7.2023
Quantstamp, a blockchain security firm, has been ordered by the U.S. Securities and Exchange Commission (SEC) to return $28 million raised in a 2017 unregistered initial coin offering (ICO).
On July 21st, the SEC accused Quantstamp of conducting an unregistered ICO, during which they sold their...
House Financial Services Committee Votes in Favor of Crypto, Blockchain Bills
27.7.2023
The House Financial Services Committee advanced a set of crypto bills after a landmark markup on Wednesday
Auradine Unveils Teraflux, New Line of US-Crafted Bitcoin Mining Rigs Providing Up to 270 TH/s
27.7.2023
According to a press release published July 25, 2023, Auradine, a new competitor in the blockchain infrastructure sector, is entering the application-specific integrated circuit (ASIC) bitcoin mining industry with a line of bitcoin mining rigs known as the Teraflux series. Auradine’s...