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Blockchain Forensics Firm Elliptic Challenges Reports on Crypto’s Role in Terrorism Funding

26.10.2023
Recent reports suggesting that crypto has played a significant role in terrorism funding have been debunked by blockchain forensics firm Elliptic. According to a report by Elliptic published this week, the transparency and traceability of the blockchain make it challenging for terrorist groups like...

Binance Labs Investment in SocialFi CyberConnect Propels Token Over 30%

26.10.2023
Web3 social platform, CyberConnect, records a soaring 31.2% growth in the last 24 hours after Binance Labs announced an investment into the firm. The venture capital division of the largest cryptocurrency exchange by volume, Binance Labs revealed on X (Twitter) that it made a follow-on investment...

Mastercard partners with crypto payment firm MoonPay for Web3 services

26.10.2023
MoonPay has announced a partnership with Mastercard, targeting Web3-based experiential marketing or new ways to connect with Mastercard’s consumers

Crypto Recovery Firm Offers to Unlock Former Ripple CTO’s $244 Million Bitcoin Fortune

26.10.2023
Crypto recovery firm Unciphered has extended an offer to former Ripple chief technology officer (CTO) Stefan Thomas to unlock a hard drive containing over 7,000 Bitcoin ( BTC) that he has been unable to access for years. In a Wednesday open letter, Unciphered proposed to unlock Thomas’...

Recovery firm proposes cracking former Ripple CTO's $244M Bitcoin hard drive

25.10.2023
Stefan Thomas, the former chief technology officer at Ripple, has an IronKey hard drive containing 7,002 BTC with only two attempts at guessing a password remaining

Digital Currency Group’s Q3 Shareholder Letter: Surprise Over NYAG Lawsuit

25.10.2023
Crypto industry powerhouse Digital Currency Group (DCG) has provided a response to its latest fraud lawsuit from the New York Attorney General (NYAG) last week, alongside updated Q3 financial figures. The conglomerate raked in $188 million in the third quarter, compared to $153 million in Q3 2022....

Grayscale Forms Strategic Alliance with FTSE Russell for Innovative Crypto Index Venture

25.10.2023
Grayscale Investments, a major US digital asset management firm, has joined forces with FTSE Russell, the index division of the London Stock Exchange-owner LSE Group. According to an announcement from the two companies, the partnership aims to introduce a new crypto index business under the name...

Rug Pulls Account For Majority of Scams as Q3 2023 Exploits Wipe Out $720 Million

25.10.2023
The impact of digital asset scams has been a major talking point around policies, regulations, and developer’s direction this year with millions lost across chains to bad actors. A new report by blockchain security firm Hacken shows a quarter-to-quarter increase in hacks and money drained...

Bain Capital, Polychain, Lead $6M Funding Round For Privacy Protocol Firm Nocturne Labs

25.10.2023
Other investors included Ethereum co-founder Vitalik Buterin, Bankless Ventures and HackVC

Israeli Crypto-Based Aid Organization Says Nearly $200,000 Raised for October 7 Terror Victims

25.10.2023
Nearly $200,000 has been raised by a non-profit organization launched by members of Israel’s Web3 community. More than 30 Web3 companies have since joined the campaign while the accounting firm KPMG is said to be assisting with fundraising and distribution. Web3 Companies Join Campaign Crypto...

North America Is Largest Crypto Market Despite Regulatory Uncertainty, Chainalysis Reports

25.10.2023
North America leads in terms of cryptocurrency usage despite the ongoing regulatory uncertainty, blockchain forensics firm Chainalysis revealed. Meanwhile, stablecoin-related activity has been decreasing with users shifting away from U.S.-based services. The region’s share in decentralized finance...

Microbt Debuts M60 Series in Dubai; Bitcoin Mining Rigs Boast 18.5 J/T Efficiency

25.10.2023
During the Blockchain Life 2023 event in Dubai, Microbt rolled out its latest Whatsminer M60 series, which boasts an efficiency rating of 18.5 joules per terahash (J/T). Whatsminer M60 Series Showcased in Dubai On Tuesday, at the Blockchain Life 2023 conference in Dubai, Microbt showcased three...

Report: Operators of Central African Republic-Based Crypto Investment Firm Disappear With $1.6 Million

25.10.2023
According to reports, the operators of a Central African Republic (CAR) crypto company which promised a high return on money invested have disappeared along with $1.6 million in investor funds. High-profile personalities including lawmakers and senior government employees are among the hundreds...

Privacy firm Nym launches $300M fund, eyes Web3 wallets, RPCs & infrastructure services

24.10.2023
The blockchain security firm will look to support open-source projects building security and privacy tools and services for Web3

Former Israeli Military Intel Personnel Launch New Crypto Firm Blockaid with $33 Million in Funding – What Does it Do?

24.10.2023
Web3 security company Blockaid said it has emerged from stealth with $33 million in funding to protect users from fraud, phishing, and hacks. The company, founded in September 2022, concluded its series A funding round, bringing the total raised to $33 million, led by Ribbit Capital and Variant...

Blockchain Forensics Firm CipherBlade Hit by Alleged Hostile Takeover Amid Founder's Absence

24.10.2023
The founder of the Pennsylvania blockchain forensics firm CipherBlade claims that a group of employees executed a "hostile takeover" in a lawsuit filed in Alaska. The blockchain intelligence firm alleges that a group of its employees carried out a "hostile takeover" while the founder, Richard...

Singapore Firm Strikes Cross-border Digital Yuan Deal with Chinese Bank

24.10.2023
A Singaporean payments firm has sealed a “cross-border” digital yuan cooperation deal with a major Chinese bank, in another breakthrough for the CBDC. Per the Shanghai Securities News, the deal was concluded by Thunes, a global payment infrastructure provider, and the China Construction Bank...