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Elliptic Report Reveals $7 Billion in Crypto Laundering via DEXs and Bridges


A recent report from blockchain surveillance firm Elliptic has uncovered that $7 billion in "illicit or high-risk funds" has been laundered through decentralized exchanges (DEXs), cross-chain bridges, and non-KYC exchanges. This staggering sum was already reached by July of this year, exceeding...

Living Standards and Finance Education Drives Crypto Adoption Metric: Report


Nearly 50% of digital asset users view added financial liquidity as a major reason for investing in cryptocurrencies, a new survey shows. A new study conducted by cryptocurrency exchange, Bitget unveiled the regional dynamics of cryptocurrency investments, its impact on gender, and other social...

An Urban Farmstead Emerges From 3AC Co-Founder’s Bankrupt-Shadowed Mansion


According to a report, the spouse of Three Arrows Capital (3AC) co-founder Su Zhu has transformed their residence into a farmstead. The farm reportedly boasts numerous garden beds, a variety of composting zones, and the couple’s swimming pool has been converted into a natural pond. Report...

Report: Sega Just Canceled Its Most Expensive Game Ever


A new report claims that Sega’s recently canceled online extraction shooter, Hyenas, was the publisher’s most expensive game production ever, beating out even Sega AM2’s historically pricey adventure game Shenmue, which famously cost $70 million in turn-of-the-century dollars to develop. Read more

Binance Russian Users Are Moving to Other Platforms, Not Just CommEx: Report


A significant number of Binance's Russian clients have migrated to alternative platforms, not only to the platform's new owner CommEx.  The shift is evident from the decreased activity in peer-to-peer (p2p) operations, Dmitry Stepanin, the CEO of Satoshkin, said in a recent interview with local...

Uptober Begins: Bitcoin’s Rally Sparks $40K Hopes; Yet $20K Threat Lingers


The price of bitcoin (BTC) has risen 6% over the previous 30 days, pushed higher by factors such as its finite availability and growing investor confidence, according to this week’s Bitfinex Alpha report. Moreover, on October 1, a popular cryptocurrency trader suggested that $40,000 could...

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