Blockchain

In a captivating series of tweets, TruthLabs (@BoringSleuth) has unveiled new details that could potentially identify the enigmatic founders of Shiba Inu ($SHIB). The tweets, dated August 31, 2023, disclose Suzuki's connections to MIT's Media Lab, a Microsoft...

An early crypto trader known as 0x025, previously operating under the alias pepeworldorder.eth, sold 263 billion $PEPE tokens for 226,000 $DAI. The sale occurred at a rate of $0.00068591 per token, resulting in a loss of $174,000, or a 43.4% decrease in value. The...

Leading cryptocurrency news source CoinDesk has lately come under criticism for removing stories that criticised specific players in the industry. The retractions have called into doubt the platform's commitment to balanced reporting and editorial integrity. L0la...

OKX, a global Web3 technology firm and cryptocurrency exchange, disclosed its 10th consecutive monthly Proof of Reserves (PoR) report today. The report shows that the exchange holds USD$10.4 billion in primary assets, such as Bitcoin (BTC), Ethereum (ETH), and Tether...

SEBA Hong Kong, a subsidiary of Swiss-based SEBA Bank AG, has been granted an "Approval-in-Principle" (AIP) by Hong Kong's Securities and Futures Commission (SFC). This preliminary approval positions SEBA Hong Kong to become one of the first licensed corporations in...

Japan's Financial Services Agency (FSA) released its financial administrative policy for the fiscal year 2023 on August 29, outlining key areas of focus. The policy aims to ensure that Japan's economic activities and public life remain stable amidst changing...

Key Points * Binance successfully completes BNB Smart Chain (BEP20) network upgrade and hard fork. * Deposits and withdrawals were temporarily suspended from approximately 07:15 am UTC and have now resumed. * The announcement was made on August 30, 2023, at 11:14 AM,...

Shiba Inu's Layer 2 network, Shibarium, has witnessed an explosive growth in wallet addresses, reaching 306,205 as the time of writing. This marks a staggering 200% increase from just over 100,000 wallet addresses reported yesterday. The network has also processed...

Key Takeaways * Ethereum unveils EELS, a Python-based reference implementation for its execution client. * EELS aims to be a more programmer-friendly successor to the Yellow Paper. * The project has been in development for over a year and is backed by ConsenSys' Quilt...

Reflecting the dynamic nature of the crypto industry, Binance, a global frontrunner in cryptocurrency exchanges, has declared the discontinuation of multiple spot trading pairs. The adjustments are scheduled to be implemented on September 1, 2023, as confirmed by an...

Circle has announced the upcoming launch of native USDC on the Base blockchain. The announcement, part of Circle's #StableSeptember series, outlines the benefits and implications of this integration for both developers and users. Key Takeaways - Native USDC will be...

Canaan Inc. (NASDAQ: CAN), a leading provider of high-performance computing solutions, unveiled its unaudited financial metrics for the second quarter of 2023 on August 29. In the face of market headwinds, the company saw a notable 44.2% sequential growth in total...

Following Grayscale Investments' decisive win in its lawsuit against the U.S. Securities and Exchange Commission (SEC), Bitcoin's value reached an apex of $28,142 on Binance. Concurrently, the discount rate for Grayscale's Bitcoin Trust (GBTC) experienced a notable...

At the latest Group of 20 (G20) summit, Prime Minister Narendra Modi of India highlighted the need for international collaboration in crafting cryptocurrency guidelines. With India holding the G20 presidency, it is actively pushing for a cohesive global strategy on...

OpenAI has revealed that its ChatGPT technology has been adopted by over 80% of Fortune 500 companies within just nine months of its launch. This data is based on the percentage of Fortune 500 companies with registered ChatGPT accounts, identified through corporate...

Google is actively adapting its services to meet the European Union's Digital Services Act (DSA), enacted on November 16, 2022. The DSA  targets platforms and search engines with more than 45 million monthly users in the EU. These are categorized as "very large online...

The U.S. Securities and Exchange Commission (SEC) launched its first enforcement action targeting a non-fungible token (NFT) provider, Impact Theory, LLC. This unprecedented step by the SEC has not only set a new legal benchmark but also ignited internal discussions...

Jasmy has officially launched its Layer 2 solution, Jasmy Chain. Announced just four hours ago, the project is built on the Ethereum blockchain and aims to provide a more efficient, cost-effective, and secure way for users to transact data. Background and Need for...

Sandeep Nailwal, the founder of Polygon, announced a significant technical upgrade to the Polygon ecosystem with the introduction of the POL token. The announcement, made via Twitter, outlines how POL aims to revolutionize multi-chain staking and bring about a new era...

The Graph ($GRT) has announced the commencement of Phase 3 of its scaling on Layer 2 (L2). The announcement, made via Twitter on August 28, 2023, introduces new L2 Transfer Tools designed to simplify and streamline the transfer of Graph Tokens (GRT) and subgraphs to...

In a move to enhance the security and efficiency of institutional trading, Binance, the world's premier cryptocurrency exchange, has rolled out MirrorX. This off-exchange settlement solution, a collaboration with institutional custody partner Ceffu, underscores the...

OrBit Markets, a Singapore-based institutional liquidity provider in the realm of digital asset options and structured derivatives, has garnered the 2023 Google Cloud Customer of the Year Award for the Financial Services Industry. The accolade is not merely...

Shiba Inu's Ethereum Layer 2 network, Shibarium, has reached a significant milestone, crossing 100,000 wallet addresses and completing over 445,000 transactions, according to data from Shibariumscan, the network's block explorer. This comes after an announcement by...

In a strategic move to diversify its assets and encourage broader external participation, the Grants and Bounties Management Committee (GMC) of Rocket Pool ($RPL) has proposed the integration of USDC into its financial framework. The proposal, detailed on the...

Animoca Brands, a leading figure in the realms of digital entertainment and blockchain technology, has unveiled its financial performance for the year ending 31 December 2022, providing a comprehensive insight into its achievements and future prospects. The company's...

A prominent Bitcoin address has come under the spotlight for allegedly laundering approximately $265 million through various Bitcoin mixers. The address in question, 1EU2pMence1UfifCco2UHJCdoqorAtpT7, was initially funded with 9,999.99 BTC from Binance in May 2018, as...

The House Financial Services Committee's top brass, including Chairman Patrick McHenry (NC-10), Vice Chairman French Hill (AR-02), and Chairman of the Oversight and Investigations Subcommittee, Bill Huizenga (MI-04), have formally expressed their concerns to the...

The team behind the decentralized automation network, Clockwork, has decided to cease active development of the protocol. The announcement was made by Nick, a former Clockwork employee, on the X platform and further elaborated on his Twitter handle, @time_composer....

Bitrace, a leading blockchain analytics firm, has unveiled data highlighting the scale of illegal cryptocurrency activities in Southeast Asia. The insights challenge prevailing media narratives, offering a more detailed perspective on the region's crypto landscape....

FTX, a bankrupt cryptocurrency exchange, has announced the temporary suspension of impacted user access to its claims portal. This decision comes in the wake of a cybersecurity breach at Kroll, a firm overseeing FTX’s ongoing bankruptcy proceedings as the appointed...

On 28 August 2023, HashKey Exchange, the city's first licensed retail virtual asset exchange (crypto exchange), commenced operations today. The official launch, hosted at the Maritime Museum Central, was attended by key figures from the HKSAR government, leading...

The cryptocurrency landscape in Brazil is currently overshadowed by a high-profile investigation involving football icon Ronaldinho Gaúcho. The former Paris Saint-Germain, F.C Barcelona, and AC Milan player is facing legal scrutiny over his alleged ties to a...

Shibarium, the Ethereum layer-2 scaling blockchain, has officially announced its successful operation, marking a significant milestone in the crypto landscape. The platform, which is a proud fork of Polygon, has garnered over 65,000 wallets and witnessed 350,000...

Binance, one of the world's premier cryptocurrency exchanges, has announced the removal of a significant number of liquidity pools from its Liquid Swap platform. This decision stems from Binance's periodic review aimed at refining the trading experience for its users...

The Hong Kong Monetary Authority (HKMA)-backed eTradeConnect, a trade finance platform built on blockchain technology and supported by a group of twelve prominent banks, is set to cease operations by month's end. Launched officially on October 31, the platform's...

Recent data from Arkham indicates that the third-largest Bitcoin holder's address bc1ql49ydapnjafl5t2cp9zqpjwe6pdgmxy98859v2 is controlled by market maker Jump Trading and is stored on the Robinhood custodial service platform. Over the past three months, this address...

Kronos Research, a cryptocurrency quantitative trading team ranked among the top five globally, reportedly suffered a loss of $1.4 million (equivalent to approximately 42 million Taiwanese dollars) in 2020. The root cause of this substantial loss was traced back to...

The fusion of reality and virtual experiences is not only adding a new dimension to our leisure activities but is also unlocking significant economic value. This evolution is primarily driven by innovative technologies, with digital entertainment emerging as a potent...

Changpeng Zhao, widely recognized as CZ, the CEO of Binance, has recently brought to light a concerning issue on his Twitter platform. Users of notable cryptocurrency exchanges FTX, BlockFi, and Genesis are reportedly under the threat of new phishing attacks. This...

On November 30, 2022, Onlyfans' Ethereum (ETH) holdings had a book value of $11.43 million. On that day, the price of ETH was approximately $1,270, suggesting that Onlyfans held around 9,000 ETH. The purchase cost of these holdings was calculated to be $19.889...

According to an official statement on Pepe coin's Twitter account, the coin's Telegram group encountered a major security breach. The group's owner's old account was compromised, leading to the group's takeover. As a result, the group has been locked down, with...

Binance, the world's leading cryptocurrency exchange, has been instrumental in aiding the arrest of key members of the Islamic State – Khorasan Province (ISKP), an affiliate of the global terrorist network ISIS. The operation was a joint effort between Binance, the...

In response to growing speculation surrounding a recently posted photo, Paolo Ardoino, CTO of Tether and Bitfinex, took to Twitter to clarify matters. The image in question showcased a container bearing the "Tether Energy" logo, leading to a myriad of questions and...

The cryptocurrency community is in a stir following a recent announcement from the official $PEPE coin account detailing unexpected transactions. On August 24th, 2023, approximately 16 trillion $PEPE tokens, valued at around $15m USD, were transferred from the $PEPE...

Wintermute Trading has approached the Yearn community with a proposal for a 12-month loan of 350 YFI, equivalent to $1.98 million, from the DAO's treasury. The loan, if sanctioned, would carry a 0.10% interest rate, payable at the term's conclusion. As part of their...

The most recent quarterly report suggests that Dunamu, the company that is responsible for operating the cryptocurrency exchange Upbit, had a net profit of KRW 108 billion during the second quarter of 2023 (April-June), when the period in question was...

According to GlobeNewswire, BIGG Digital Assets Inc. (BIGG) has formalized its intent to acquire all outstanding shares of TerraZero Technologies Inc. not already under its umbrella. The transaction, with an estimated valuation of approximately $20 million, is set to...

Hut 8 Mining Corp. (Nasdaq: HUT) (TSX: HUT), one of North America's leading digital asset and bitcoin mining pioneers, has announced further developments regarding its proposed all-stock merger with U.S. Data Mining Group, Inc., also known as US Bitcoin Corp (USBTC)....

Chairman of the House Financial Services Committee, Patrick McHenry, has publicly voiced his concerns over the Notice of Proposed Rulemaking on digital asset reporting requirements issued by the U.S. Department of the Treasury and the Internal Revenue Service (IRS)....

The US Department of the Treasury and the Internal Revenue Service (IRS) have jointly issued proposed regulations aimed at enhancing transparency and compliance in the digital asset sector. These regulations are set to mandate brokers to report sales and exchanges of...

Upbit, the South Korean-based cryptocurrency exchange, has detailed its plans for the forthcoming LUNA2 airdrop targeting LUNC holders. LUNC, previously known as LUNA, underwent a rebranding and its holders are now on the cusp of receiving LUNA2 tokens. Snapshot...

The deployer associated with Magnate Finance, a project on the Coinbase's BASE platform, has been linked to a series of rug pulls totaling an estimated $16.7M. Beosin Alert, a trusted entity in the Web3 space known for its real-time risk alerts, revealed that this...

In the realm of financial analysis, few voices resonate as loudly as Arthur Hayes. His recent article, titled "Kite or Board," has generated substantial buzz in financial circles. Hayes meticulously evaluates the U.S. Federal Reserve, forecasting significant...

Prime Core Technologies, the parent entity of crypto custodian Prime Trust, disclosed a financial setback of $8 million, largely attributed to investments in the algorithmic stablecoin TerraUSD (USTC). The announcement, stemming from an August 24 filing with the...

With the release of the Hong Kong Monetary Authority's (HKMA) most recent Fintech Promotion Roadmap today, on 25 August 2023, the financial environment in Hong Kong is poised to be more attractive. This thorough manual presents a strategic outlook for the next year...

On 24 August 2023, Plan ₿, an initiative co-founded by Tether and the City of Lugano with the aim of leveraging bitcoin technology to transform the city's financial infrastructure, has announced its official sponsorship of FC Lugano. This historic Swiss football club,...

API3, a pioneering blockchain oracle provider championing the shift from conventional third-party oracle networks to first-party oracle solutions, has rolled out its managed data feed service. This service is designed to support the growth of Total Value Locked (TVL)...

The Charles Schwab Trader Sentiment Survey for Q3 reveals a shift in trader expectations towards a more optimistic view of the market environment. After two consecutive quarters of heightened recession anticipation, the latest survey indicates a brighter outlook among...

A group of high-net-worth Russian and CIS investors have filed a class action lawsuit against Atomic Wallet, a prominent cryptocurrency platform, following a security breach in June that resulted in losses of approximately $100 million. The lawsuit, coordinated by...

Base, the Ethereum Layer 2 (L2) solution incubated at Coinbase, recently spotlighted its unwavering dedication to decentralization, aligning seamlessly with the Superchain vision. Born out of a collaboration with the Optimism Collective, Base utilizes the open-source...

A number of charges, including breaches of sanctions and involvement in money laundering, have been brought against the individuals who created the cryptocurrency mixer known as Tornado Cash. The co-founders of Tornado Cash, Roman Storm and Roman Semenov, have been...

Two former developers of Tornado Cash, Roman Storm and Roman Semenov, have been indicted on charges including conspiracy to operate an unlicensed money-transmitting business. The indictment, issued by the United States Office of Foreign Asset Control (OFAC) on August...

Moshe Hogeg, a notable figure in the cryptocurrency sector and the former owner of Beitar Jerusalem FC, is now under intense scrutiny as Israeli police have officially recommended pressing charges against him. These allegations, which have been building over a...

The U.S. Securities and Exchange Commission (SEC) oversees the registration of broker-dealers, individuals or firms engaged in buying and selling securities. This registration ensures adherence to federal securities laws and SEC rules, safeguarding market integrity...

Romero Cabral da Costa Neto, a visiting attorney at a renowned global law firm, has been thrust into the spotlight following insider trading charges announced by the Securities and Exchange Commission (SEC). This incident, coupled with a recent case in the digital...

In a recent publication by Pantera Capital, the firm delved into the concept of a "positive black swan" event in the blockchain industry. The term "black swan" traditionally refers to unpredictable events with potentially severe consequences. However, in this context,...

B2C2, a prominent crypto liquidity provider catering to institutional clients worldwide and a digital asset pioneer shaping the future ecosystem, has finalized its acquisition of Woorton, a leading European entity in market making and over-the-counter transactions for...

Stock Market Overview Amid concerns over higher government bond yields, inflation, China's slowing economy, and its looming debt crisis, major global stock indices have seen three consecutive weeks of declines. The S&P 500 index has dropped over 5% since the end...

Nathaniel Chastain, the former head of product at OpenSea, has been sentenced to three months in prison for his involvement in insider trading with digital assets. Chastain was responsible for selecting which NFTs would be featured prominently on OpenSea's platform....

On August 22, 2023, the Intermediate People's Court of Hangzhou, Zhejiang Province, China, publicly pronounced the verdict on Xiao Yi, a former member of the Jiangxi Provincial Political Consultative Conference (CPPCC) and its vice chairman, for bribery and abuse of...

On August 22, 2023, in San Diego, Finance of America Reverse LLC (FAR), which is a key participant in the reverse mortgage business and a subsidiary of the Finance of America Companies (NYSE: FOA), released its 2023 Home Equity Punch List. This study investigates the...

Mawson Infrastructure Group Inc. (NASDAQ:MIGI), a leading figure in the digital infrastructure and Bitcoin mining landscape, has unveiled its unaudited business and operational update for July 2023. Mawson Infrastructure Group (NASDAQ: MIGI) is not just a digital...

Finance and accounting departments globally are undergoing a digital transformation, aiming to streamline and automate processes, as highlighted in the 2023 ISG Provider Lens™ global Finance and Accounting Outsourcing (FAO) Services report. The push for digitalization...

On 2023-08-23, Binance, one of the leading cryptocurrency exchanges, made an official announcement regarding the removal of specific spot trading pairs. Effective from 2023-08-25 at 03:00 (UTC), the following spot pairs will no longer be available for trading on the...

On August 22, 2023, a new player entered the AI arena, Ideogram AI. Their primary mission revolves around harnessing the power of generative AI to amplify human creativity. The company aims to develop cutting-edge AI tools designed to make creative expression not only...

The Federal Bureau of Investigation (FBI) has recently alerted cryptocurrency firms about blockchain activities linked to the theft of a significant amount of cryptocurrency. Within the past day, the FBI has monitored cryptocurrency pilfered by actors affiliated with...

The Bank for International Settlements (BIS), in partnership with the Consultative Group of Directors of Financial Stability (CGDFS), unveiled a detailed report on August 22, named "Financial stability risks from crypto assets in emerging market economies." This...