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Friend.tech's Revenue Growth Exceeds 10,000 ETH Milestone


Base-based, Twitter-linked decentralized social network Friend.tech is approaching ETH 11,000 in protocol fees. Friend.tech is a Social-Fi decentralised application (dapp) deployed on Coinbase’s Base. According to Dune Analytics, the total protocol fees hit ETH 10,727.622 (or $17,606,837), where...

Kenyan Authorities Accuse Worldcoin of Espionage and Statehood Threats


Kenyan authorities have accused Worldcoin of engaging in acts of espionage and posing a threat to the country's statehood.  The accusations stem from an ongoing investigation by Kenya's Ad hoc committee, which was initiated following concerns raised by the public regarding Worldcoin's activities...

Here’s How Much Russia’s Biggest Banks Are Spending on CBDC Integration


Rosbank, one of Russia’s biggest banks, has spent around $1.6 million on digital ruble integration – despite the fact that the CBDC pilot is less than two months old. The bank is one of Russia’s most bullish when it comes to CBDC and crypto adoption. Prior to the August launch of the digital...

Congress Passes Funding Bill to Avoid US Government Shutdown


The United States Senate passed a bipartisan bill on Saturday evening, just three hours before the midnight deadline, to prevent a government shutdown.  The bill, which received overwhelming support with a vote of 88 to 9, funds the government for the next 45 days, until November 17.  In a late...

Biggest Crypto Gainers Today on DEXTools – GME, TAIZO, DERP


Bitcoin (BTC) has dipped back below $27,000, but is still trading in the green for the month and to the north of its 50-Day Moving Average (DMA). September is usually one of the worst months of the year for Bitcoin, so this is a strong sign heading into October, a month that is typically much...

Kraken Mulls Offering Traditional Stocks and ETFs


Kraken, a prominent US-based cryptocurrency exchange, is reportedly considering expanding its product offerings to include traditional stocks and exchange-traded funds (ETFs).  The move marks Kraken's first push beyond the realm of crypto assets, Bloomberg Law reported, citing people familiar with...

China Uses Digital Yuan to Recycle Gold, Pay Land Registry Fees


Chinese firms, banks, and city governments are using the digital yuan to recycle gold and pay land registry fees as CBDC adoption efforts continue. Per the fiance-focused media outlet JRJ, the Shenzhen Branch of the central People’s Bank of China (PBoC) has teamed up with the Shanghai Gold...

On-chain Expert Probes the Ethereum Foundation's Link to the Filecoin ICO


An on-chain investigator, known as @BoringSleuth on X (formerly Twitter), has raised questions about the origin of the popular blockchain project Filecoin (FIL) and its initial coin offering (ICO).  In a recent report shared on X, BoringSleuth detailed that they began their investigation...

Fireblocks Platform Now Offers Institutions Access to Tezos


Fireblocks, a platform specializing in crypto custody and settlement services for financial institutions, has added full support for the Tezos (XTZ) network.  The move allows users of the Fireblocks Wallet to securely store Tezos-based assets and leverage the platform's decentralized...

Chinese Tech Giant Tencent Joins CBDC Interoperability Pilot


China’s Tencent, the operator of the WeChat and WeChat Pay platforms, will join central bank-led digital yuan and CBDC interoperability pilots. WeChatPay, along with its rival Alipay, has cornered some 15% of the Chinese payments market. But in recent years, Tencent has moved to align with...

Local US Bank Shut Down after CEO Lost Millions in Crypto Scam


Heartland Tri-State Bank, a community bank in Elkhart, Kansas, has been forced to shut down after its CEO, Shan Hanes, lost millions of dollars in a cryptocurrency scam.  The incident unfolded on July 5 when Hanes, desperate to retrieve his money from a supposed cryptocurrency investment...

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