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Crypto Hacks and Exploits Cost Traders $303M in July; Worst Month of 2023

31.7.2023
Some $52 million of assets were siphoned from Curve Finance just this weekend

Report: SEC Asked Coinbase to Delist All Crypto Assets Except Bitcoin Prior to Filing Lawsuit

31.7.2023
According to Brian Armstrong, the CEO of crypto exchange Coinbase, the U.S. securities regulator reportedly told his company to delist all digital assets save for bitcoin. Armstrong said acceding to the SEC’s demand would have “meant the end of the crypto industry in the U.S.”...

First Mover Americas: Curve Finance Exploit Puts More Than $100M of Crypto at Risk

31.7.2023
The latest price moves in bitcoin (BTC) and crypto markets in context for July 31, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets

Crypto Firms Raised $129M Last Week, Led by Flashbots

31.7.2023
The startup, focused on maximal extractable value (MEV) in blockchain transactions, raised $60 million in funding

Ethereum-Based Casino Coco Achieves $36 Million Transaction Volume On Launch

31.7.2023
Crypto casino platform Coco records a staggering debut as it nets over $36 million within 12 hours according to data on Etherscan. The project launched on the Ethereum blockchain inspired by the Milady NFT project which has attracted many users with recent releases. The staggering growth of...

Crypto Catalysts: Jobs Data to Highlight the Week’s Macro Releases

31.7.2023
Among other reports, investors will be eyeing ADP’s private sector jobs total, which last month, soared beyond expectations, a concern for central bankers and other inflation watchers

Curve DAO is Going to Zero After Blockchain Exploit and AI Crypto Analytics Platform yPredict Just Raised $3.2 Million – How Does it Work?

31.7.2023
Markets have been fuelled with anxiety this morning, after a tumultuous cyber exploit on the weekend which saw multiple Curve liquidity pools raided for $47m. Cyber security experts have now traced the source of the issue back to vulnerabilities in the Vyper (programming language) smart contracts...

Australian Lender Bendigo Bank Blocks “High-Risk” Crypto Payments

31.7.2023
Bendigo Bank, an Australian financial institution, has announced new rules targeting “high-risk” instant payments to crypto exchanges. Announced Monday, the bank has blocked crypto transactions in a move to further enhance protection for the customers from fraud and financial crimes, Bendigo noted...

The Shiba Inu Price Exploded 1,000,000% in a Few Weeks, Will New Crypto Launch Shibie Be a Trending Meme Coin?

31.7.2023
The price of Shiba Inu (SHIB) has dropped by 1% in the past 24 hours, with its fall to $0.00000840 coming as the cryptocurrency market as a whole moves sideways today. SHIB is now up by 7.5% in the last seven days and by 10% in the last 30, yet the meme token is up by only 3.5% since the beginning...

Fantasy-Sports Firm Sorare Looks to Increase Appeal by Diluting Crypto Association

31.7.2023
While Sorare has over 4 million registered users, it is looking to fuel further growth by adding support for the U.S. dollar, euro and British pound

HSBC-Owned Hang Seng Bank Limits Crypto Companies to ‘Simple’ Accounts: Report

31.7.2023
The report comes as Hong Kong’s Monetary Authority (HKMA) reminds banks that there is no ban on offering crypto companies accounts

Japan Blockchain Association Urges Tokyo to Overhaul Crypto Tax System

31.7.2023
An industry organization in Japan has suggested that the government should reform taxation rules for crypto assets and transactions. Its members are convinced that the current tax regulations hinder growth of the Web3 economy in the country and discourage taxpayers from holding and using...

Borneo authorities seize illegal crypto miners running off stolen power

31.7.2023
A Malaysian energy supplier uncovered an illegal cryptocurrency mining operation stealing power from the local grid on the island nation of Borneo

Binance's Activities Are Illegal in Nigeria, Securities Regulator Says

31.7.2023
The regulator also ordered all crypto platform providers to stop reaching out to Nigerian investors

Binance to offer crypto broker-dealer services in Dubai with new license

31.7.2023
Binance is now officially allowed to offer crypto services to institutional and qualified retail investors in Dubai

Crypto companies raise $44M for Web3 & Blockchain scalers

31.7.2023
Some crypto companies, put together, have managed to raise for themselves the amount of $44 million in funding. However, Hi seems to have beaten them all by managing to acquire funding from Animoca Brands to the tune of $30 million. In the case of Hi, it is known to have an entire array of products...