Blockchain

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...