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Animoca Brands Now the Largest Validator on TON Network


Animoca Brands is now TON blockchain’s largest validator and will henceforth “provide funding, research, and an analytics platform.” The software company said Animoca’s collaboration with TON further reinforces its commitment to the latter’s ecosystem. The Animoca...

Circle Partners With SBI Holdings to Launch USDC in Japan


Circle, a payment services company, and SBI Holdings, a conglomerate of financial companies, have partnered to bring liquidity services for the use of USDC, one of the largest stablecoins in the cryptocurrency market, to Japan, and promote the local use of stablecoins in the Web3 industry. Circle...

KyberSwap’s $47 Million Hacker to Propose Deal in Upcoming Statement


Source: KyberSwap The KyberSwap hacker has indicated plans to propose a deal, with a statement expected on November 30. Following last week’s $47 million exploit of KyberSwap, the hacker has left a message on the network reinstating the inclination to negotiate, with plans to release...

CZ Resigns as Chairman of Binance US, Signaling Strategic Shift


On Tuesday, Binance US, the American branch of Binance.com, revealed that Changpeng Zhao (CZ), its former CEO, has relinquished his position as chairman of the board with immediate effect. The announcement emphasized that Binance US is fully functional and operates independently from Binance.com....

Crypto Payment Provider Alchemy Pay Secures Iowa Money Services License


The Singapore-based payment gateway Alchemy Pay has been granted the money services license by the U.S. state of Iowa. Both this license and the money transmitter license obtained from Arkansas nearly two months earlier underline Alchemy’s “dedication to compliance.” Alchemy...

European Banking Authority Launches New Consultation on Crypto Travel Rule


The European Banking Authority (EBA) has recently launched a new consultation process concerning implementing the so-called travel rule for cryptocurrency transactions. The institution is seeking feedback on the defined procedures that crypto assets service providers (CASPs) must complete...

SEC Struggles to Serve Richard Heart in Multi-Billion Dollar Crypto Case


In an interesting turn of events, the U.S. Securities and Exchange Commission (SEC) faces challenges in its billion-dollar lawsuit against cryptocurrency figure Richard Heart. A recent court filing reveals that the SEC has yet to successfully serve Heart, complicating the high-profile case. Legal...

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