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Millennium Management Hedge Fund Gains Exposure to Bitcoin through Grayscale
Millennium Management has gained exposure to Bitcoin (BTC) through Grayscale Bitcoin Trust (GBTC).
Grayscale Files with US SEC to Convert GBTC Into Bitcoin Spot ETF
Grayscale believes that if the SEC approves a futures-based ETF, the agency should be open to approve the physical based ETFs.
Cisco Partners with SingularityNET to Decentralize Artificial Intelligence with Blockchain
Tech conglomerate Cisco and decentralized artificial intelligence (AI) firm SingularityNET have reached a partnership to develop a decentralized Artificial General Intelligence (AGI) project. The ambitious project aims to create more advanced AI technologies that will soon be able to exceed human abilities to learn and perform new tasks.
Grayscale Will Dissolve XRP Trust In Reaction to SEC Lawsuit Against Ripple
Institutional-grade digital asset firm Grayscale will dissolve its XRP Trust as the United States Securities and Exchange Commission (SEC) pursues its lawsuit against Ripple
Grayscale Launches Bitcoin Mining-Centered Investment Entity
Crypto asset management firm Grayscale plans to launch a new private co-investment opportunity in mining hardware that enriches the bitcoin ecosystem.
TempleDAO Hacker Moves Stolen Funds to Sanctioned Crypto Mixer Tornado Cash
According to data from block explorer, Etherscan, the attacker of the TempleDAO hack, has moved the funds stolen via the recently sanctioned crypto mixer, Tornado Cash.
Google Cloud and Polygon Labs partner for Ethereum scaling
Google Cloud will provide framework and developer tools to aid Polygon Labs’ Ethereum scaling protocol. The partnership aims to streamline developer integration for decentralized applications on Polygon.
Taiwanese Singer Chen Lingjiu Implicated in JPEX Cryptocurrency Fraud Case
Taiwanese singer Chen Lingjiu faces fraud case involving JPEX, highlighting potential pitfalls of celebrity endorsements in cryptocurrency investments and the need for robust regulatory measures.
Arbitrum One Achieves a Historic $10 Billion TVL Milestone
Arbitrum One's recent surge to a $10.22 billion TVL not only marks a major milestone for Ethereum Layer 2 networks but also highlights its growing acceptance and diverse asset portfolio, following a substantial funding journey and robust technology development.
Snowtrace to End Etherscan-Powered Service by Nov 30
Snowtrace.io, a blockchain explorer for Avalanche C-Chain, will discontinue its Etherscan-powered explorer on November 30, 2023, due to high EaaS service costs. Users are advised to backup data and Ava Labs suggests a better solution transition.
Germany’s Deutsche Telekom Rolls Out Ethereum Validator Node, Staking Support
Deutsche Telekom is the latest institution to offer Ethereum staking services to its customers.
Billionaire Investor Mike Novogratz Refuses to Lose Faith in Bitcoin
Mike Novogratz, the CEO and founder of Galaxy Digital asset management company, explains why he still loves cryptocurrencies.
$3.6B Worth Bitcoins Scam, Founders of South African Crypto Exchange Africrypt Are Missing
The total value of $3.6 billion Bitcoins disappeared while the founders of South African cryptocurrency exchange AfriCrypt are missing.
Ethereum to Undergo 4 Phases to Tackle the Scalability Issue after Merge
Since the Merge is the first step toward solving the scalability trilemma, Ethereum will have to undergo four more steps to solve this issue.
Binance Integrates ARC-20 Tokens on Inscriptions Marketplace, Offers Zero-Fee Trading
Binance integrates ARC-20 tokens into its Inscriptions Marketplace, offering zero-fee trading from April 3 to June 2, 2024, allowing users to inscribe and trade various inscription tokens within the Binance Web3 Wallet.
Exclusive: What are Top 5 FinTech Career Advice for Graduates?
Prof. Aris Stouraitis presents how Master of Science in Finance (FinTech and Financial Analytics) offered by Hong Kong Baptist University strives to nurture interdisciplinary talents and he offers the top 5 career advice for graduates who wish to work in FinTech and blockchain industry!
Serbian Citizen Extradited to US to Face Crypto-Related Fraud Charges
An accused scammer has arrived in the US from Serbia to face charges that he and other six conspirators involved in a crypto fraud scheme that defrauded investors out of over $70 million.
Ethereum Price Gains 45% in 24 hours, What’s Driving the ETH Price Rally?
The Ethereum price has made its largest single-day price gain in the crypto’s history, surging 45% in the last 24 hours, but what is behind the ETH price rally?
PayPal to Launch Crypto Trading Next Month in the U.K.
Payment provider PayPal Holdings Inc. revealed the company is planning to develop the next market in The United Kingdom to provide its crypto trading services.
IRS Crypto Disclosure Letters Violated US Taxpayer Rights in 2019
The IRS shook up the US crypto sector last year, when it issued Letter 6137 to American taxpayer’s which demanded that all citizens declare any unreported crypto gains within 30 days. One year on and an IRS watchdog has slammed the letter as a violation of the Taxpayer Bill of Rights.
Binance Boosts Web3 Wallet with New Features and $1M Airdrop Campaign
Binance enhances its Web3 Wallet with ERC-404 token support, an Inscriptions Marketplace, and announces a $1M airdrop to engage users.
Texas Authorities Slap “Bitcoin Pope” and Forex Birds with Cease and Desist Order for Fraudulent Investment Scheme
An emergency cease and desist order has been issued against the “Bitcoin Pope” trader, under allegations of fraudulent cryptocurrency investments.
How Can Bitcoin Be A Safe-Haven Asset When It Is So Greatly Influenced by a Tweet, says Peter Schiff
Peter Schiff says Bitcoin is not money, pointing to the influence Elon Musk's tweets has over the cryptocurrency as an explanation.
Invesco Puts Blame on U.S. SEC Rules for Decision to Withdraw Bitcoin Futures ETF
Invesco eventually talked about what prompted it to pull out its filing for Bitcoin futures ETF. The firm faulted SEC rules for the disaster.
Ethereum, Cardano and Other Altcoins Slandered by Blockstream CEO as Ponzi Schemes
Blockstream CEO Adam Back publicly stated that Ethereum and other altcoins were Ponzi schemes, angering Ethereum co-founders Vitalik Buterin and Charles Hoskinson.
Dubai Educational Institution Accepts Bitcoin and Ethereum Payments
Dubai Educational Institution Citizens School accepts Bitcoin and Ethereum payments for tuition.
Hong Kong Regulators Probe Worldcoin for Privacy Risks
Hong Kong's PCPD is investigating Worldcoin, linked to OpenAI's Sam Altman, for potential privacy violations in biometric data collection methods, highlighting global privacy concerns in the crypto and blockchain industry.
Spike in COVID-19 Cybercrime Is Stimulating Mass Adoption of Blockchain in Asia
With COVID-19 forcing businesses to adopt digital means of transacting, there is a spike in blockchain adoption, Bitcoin price surge, rise in Bitcoin scams.
Ripple Sees 1760 Percent Increase in Institutional Over-the-Counter Sales of XRP in Q2 2020
Ripple reported an increase in over-the-counter (OTC) sales of its XRP cryptocurrency in the second quarter of 2020, totaling $32.55 million, compared to $1.75 million in Q1 2020.
Bitcoin Price Surges to 2020 High of $15,960, MicroStrategy Sees $182 Million Increase
The Bitcoin price reached a new high for 2020 gaining over 12% in the last 24 hrs to reach $15,960. MicroStrategy has reported a $182 million gain in their BTC reserve value.
Microsoft Takes Down COVID-19 Cyber Criminals to Eliminate "Business Email Compromise" Attacks
Scammers have been taking advantage of COVID-19 and the worldwide economic crisis revolving around it to retrieve personal information and phish data from Microsoft users.
Accused Co-Founder of $9 Million Crypto Ponzi Scheme Declares Not Guilty in Court
The co-founder of Zima Digital Assets, Zachary Salter and his associate, 28-year-old John Caruso jointly declared not guilty to charges of money laundering and conspiracy to attempt wire fraud during arraignment in an Arizona court on March 4.
Bitcoin Ordinals Founder Proposes Immutable Metadata for Inscriptions
Bitcoin Ordinals (ORDI), a blockchain platform for transforming satoshis into NFTs, plans to introduce plain-text key-value pairs as metadata for inscriptions, enhancing their utility and readability. However, existing inscriptions cannot be retroactively added.
Crypto sleuth debunks 3 FTX hack myths
ZachXBT shares his findings on what he sees as the three most common misconceptions about the FTX hack. The self-proclaimed "on-chain sleuth" debunked speculation that Bahamian officials were behind the hack, that exchanges knew the hacker's true identity, and that the culprit is trading memecoins. FTX filed for bankruptcy Nov. 11, with more than $650 million transferred off the wallet. ZachXBT argues that the 0x59 address associated with the hacker was a blackhat and not affiliated with the FTX team or the Securities Commission of the Bahamas (SCB). He also highlights the potential misinformation surrounding the claim the hacker's identity had been discovered by Kraken or other exchanges. Instead, he claims the transfers have been "spoofed" on the Etherscan network, explaining how transactions can be faked.
Hong Kong Science and Technology Park: Turning Tech Startups' Visions into Reality
Blockchain.News sat down with Peter Mok, Head of Incubation and Acceleration Programmes, HKSTP to gain further insight into the incubation initiative and the custom-made programs, that have been designed to support technology startups, and specifically how they could be utilized by blockchain startups.
Coinbase, Gemini, Binance & Kraken Address Twitter Hack: "Repercussions for Bitcoin Could’ve Been Worse"
Twitter has never in its history experienced as big of a security breach and crypto hack scam as the one that happened earlier this week.
Singapore's MAS Unveils Stablecoin Regulatory Framework
Singapore's MAS releases a regulatory framework for stablecoins after public consultation in 2022. It aims to ensure value stability and sets key requirements for issuers.
Blazar Token Scam: Former New Jersey Corrections Officer Charged by SEC
Former New Jersey State Correctional Police Officer John A. DeSalvo has been charged with fraudulently raising funds through the unregistered offering of the Blazar Token, a crypto asset security. The token, which collapsed in May 2022, was marketed as a replacement for state pension systems. DeSalvo misused investor funds, transferring a large portion to his personal wallets.
Vladimir Putin’s Next Presidential Term Will Depend on Blockchain-Powered Constitutional Amendment Voting
Russia’s upcoming e-voting on Vladimir Putin’s Constitutional amendments will be implemented using blockchain technology. Citizens in Moscow will be able to cast their votes online using blockchain-powered e-voting, according to the Moscow government’s official website. Starting on June 5, Moscow citizens can sign up for the upcoming voting scheduled from June 25 to June 30.
U.S. Justice Department Seizes $9M in Crypto from Romance Scam Ring
The U.S. Justice Department successfully seizes $9M in crypto from a scam ring targeting over 70 victims, showcasing the government's commitment to combating cyber-enabled financial fraud.
Animoca Brands to Cover Losses of Recent Scam Victims
Hong Kong-based Animoca Brands released a statement saying that the company will cover the losses of those who fell victim to an online scam on November 19.
FTX Issues Fresh Warning on Phishing Emails and Scam Sites
FTX issues a fresh warning about phishing emails and scam sites mimicking its Debtors' portal. The alert, dated October 5, 2023, comes amid industry-wide concerns about phishing attacks, including a recent warning from Binance CEO Changpeng Zhao.
Etherscan Acquired Solana to Enhance Services and Ensure Fair Blockchain Data Access
Etherscan's acquisition of Solscan marks a strategic expansion in blockchain exploration, promising enhanced services, innovation, and industry growth.
PayPal CEO Dan Schulman Says He is Bullish on Bitcoin As a Currency
PayPal CEO Daniel Schulman noted in an interview with CNBC that he is bullish on the future of Bitcoin, cryptocurrencies, and Central Bank Digital Currencies
Sushiswap Co-Founder 0xmaki Steps Down from Project Lead as DEX Exchange Begins New Chapter
Sushiswap Co-Founder 0xmaki has stepped down as project lead when the decentralized exchange struggles to navigate challenges of scams.
Dutch Authority Seizes €12 Million in Gambling Platform Scam Investigation
The FIOD has arrested four people and seized €12 million in an investigation into a major online gambling platform scam.
OKX X Layer to Discontinue Swap Product
OKX X Layer announces the discontinuation of its Swap product, effective May 30, 2024.
Core Scientific to Present at 19th Annual Needham Tech & Media Conference
Core Scientific's CEO, Adam Sullivan, is set to present at the 19th Annual Needham Technology, Media, & Consumer Conference.
A16z: Discord's Evolution into a Developer Platform
An overview of Discord's journey from a gaming platform to a developer platform.
Polkadot's JAM: Dr. Gavin Wood's Next Step in Blockchain Scalability
Dr. Gavin Wood, co-founder of Ethereum, is taking blockchain scalability to the next level with his creation of JAM, following his previous project, Polkadot.
Quantum Mechanics Bolsters Drug Discovery with QUELO-G and CUDA Graphs
Quantum mechanics is enhancing drug discovery through the use of QUELO-G and CUDA graphs.
NVIDIA Uses Generative AI to Streamline CVE Analysis at an Enterprise Scale
NVIDIA is leveraging generative AI to streamline the process of scanning and patching software vulnerabilities at an enterprise scale.
Bitcoin (BTC) Scalability Solutions: An In-depth Analysis
An in-depth analysis of Bitcoin scalability solutions including Lightning Network and zero-knowledge rollups.
Binance Pay Offers Up to 20% Discount on Mobile Top-ups
Binance Pay announces a promotion offering up to 20% off on mobile top-ups.
NVIDIA and Cisco Unveil Nexus HyperFabric for Generative AI Infrastructure
NVIDIA and Cisco collaborate on Nexus HyperFabric to scale enterprise generative AI.
NVIDIA Holoscan SDK Integrates OpenCV for Enhanced AI Sensor Processing
NVIDIA integrates OpenCV into Holoscan SDK for zero-copy AI sensor processing.
Devcon Scholars Program Returns for Devcon Southeast Asia, Aiming to Build a Collaborative Community
The Devcon Scholars Program is back, offering scholarships and community-building opportunities for Devcon SEA 2024.
Understanding Experimental Design: Key Concepts and Types
Discover the essentials of experimental design, including key concepts and types.
Cisco Boosts Workload Security with NVIDIA BlueField-3 DPUs
Cisco enhances security and efficiency with NVIDIA BlueField-3 DPUs.
Anyscale Introduces Multi-Tenant Serve Applications with Containerized Runtime Environments
Anyscale unveils multi-tenant serve applications using runtime environments as containers, enhancing efficiency and reducing operational complexity.
WriterDuet Integrates Leonardo's AI to Revolutionize Screenwriting
WriterDuet uses Leonardo.AI's generative technology to enhance screenwriting with AI-powered visuals and trailers.
Top 10 Uses of Streaming Speech-to-Text Technology Today
Discover how streaming speech-to-text technology is revolutionizing various industries.
SFC Suspends Ha Po Kwan for 12 Months Over Misconduct
The Securities and Futures Commission (SFC) has banned Ha Po Kwan from regulated activities for 12 months due to misconduct.
How to Transcribe YouTube Videos and Generate Subtitles Using Node.js
Learn to transcribe YouTube videos and generate SRT subtitles with Node.js and AssemblyAI in this comprehensive guide.
Unveiling Scammer Tactics: 'Too Good to Be True' in The Guardian Papers
The Guardian Papers explore the tactics scammers use, emphasizing the dangers of offers that seem too good to be true. Learn how to protect yourself and your community.
Grayscale Highlights Key Crypto Sector Trends in Q3 2024
Grayscale's latest research report reveals significant trends in the cryptocurrency market for Q3 2024, analyzing key sectors and their performance.
Startups Leverage AI to Revolutionize Bioscience, Skin Care, and More
Startups worldwide are using AI to create groundbreaking tools in bioscience, health care, and skin care, according to Microsoft.
Tezos Introduces Jstz: Empowering Blockchain Development with JavaScript
Tezos announces Jstz, a new initiative enabling JavaScript for blockchain development. This move aims to lower entry barriers for developers.
Anyscale Introduces New Replica Compaction to Optimize Resource Usage
Anyscale launches Replica Compaction to address resource fragmentation, enhancing resource utilization and reducing costs for Ray Serve deployments.
NVIDIA RTX's AI-Powered Upscaling Revolutionizes Video Quality
Discover how NVIDIA RTX's AI-powered upscaling enhances video quality by de-artifacting and upscaling content to 4K, improving streaming experiences.
Stellar (XLM) Introduces State Archival to Combat Blockchain State Bloat
Stellar (XLM)'s State Archival aims to address blockchain state bloat, enhancing scalability, transaction speed, and cost-efficiency.
IBM Research Delves into Fundamental Questions with Exploratory Science
IBM Research is pushing the boundaries of science, mathematics, and computation through its exploratory science initiatives.
NVIDIA Introduces Self-Paced AI and Data Science Career Development Courses
NVIDIA launches self-paced courses for career development in AI and data science, providing essential training and industry insights.
Tezos X: Unveiling the Future of Modular Blockchain Design
Tezos X introduces a modular blockchain design, aiming for high scalability and performance. Key advancements include Smart Rollups and enhanced interoperability.
BNB Chain Introduces Multi-Datastore Solution for BSC Geth
BNB Chain announces a multi-datastore solution for BSC Geth to improve performance and scalability of blockchain data storage.
Gala Games Community Thrives on Discord Engagement
Gala Games' Discord serves as the core of its community, offering real-time updates, team engagement, and valuable discussions.
Building Real-Time Language Translation with AssemblyAI and DeepL in JavaScript
Learn how to create a real-time language translation service using AssemblyAI and DeepL in JavaScript. Step-by-step guide for developers.
BSC Young Boys NFTs Transition to Chiliz (CHZ) Chain in Major Migration
BSC Young Boys will migrate their entire NFT ecosystem from Flow blockchain to Chiliz (CHZ) Chain, enhancing fan experience and NFT management.
Optimizing Parquet String Data Compression with RAPIDS
Discover how to optimize encoding and compression for Parquet string data using RAPIDS, leading to significant performance improvements.
Stellar (XLM) vs. Solana: A Comparative Analysis of State Archival Scalability
Explore the scalability of State Archival on Stellar (XLM) and Solana's Avocado. Detailed analysis of network efficiency and congestion issues.
Chainalysis Launches Operation Spincaster to Combat Crypto Scams
Chainalysis has introduced Operation Spincaster, a collaborative initiative aimed at disrupting and preventing crypto scams through public and private sector cooperation.
LangChain Enhances Core Tool Interfaces and Documentation
LangChain introduces key improvements to its core tool interfaces and documentation, simplifying tool integration, input handling, and error management.
IBM Research Advances in Physical Sciences: Exploring Materials and AI
IBM Research is delving into physical sciences to enhance material understanding, computational platforms, and AI algorithm interpretability.
Dima Romanov Discusses the Future of Layer 2 Blockchains on Public Key Podcast
Dima Romanov, Co-Founder of Layer N, discusses the future of Layer 2 blockchains, scalability, and performance improvements in a podcast episode.
Comprehensive Insights: Your Ethereum (ETH) Questions Answered by Grayscale
Grayscale addresses key Ethereum (ETH) questions, covering topics like blockchain technology, investment potential, and future prospects.
Anyscale and MongoDB Collaborate to Enhance Multi-Modal Search
Anyscale and MongoDB join forces to revamp multi-modal search, offering scalable solutions and improved search relevance for e-commerce platforms.
AI-Driven Molecular De-Extinction: A New Frontier in Combating Drug-Resistant Pathogens
Researchers are using AI to resurrect DNA from extinct species to combat drug-resistant pathogens, potentially revolutionizing antibiotic discovery.
NVIDIA Unveils VISTA-3D NIM Microservice for Advanced CT Scan Analysis
NVIDIA introduces VISTA-3D NIM microservice, enhancing CT scan analysis with advanced organ and disease segmentation capabilities.
Sui Community Fights Scams with Sui Guardians Initiative
The Sui community launches Sui Guardians to combat scams and enhance user security, led by Suiet and the Sui Foundation.
NVIDIA’s AI Masters Triumph in KDD Cup 2024 Data Science Competition
NVIDIA’s AI team secures first place across all five tracks in the Amazon KDD Cup 2024, showcasing their dominance in data science.
Bitcoin (BTC) Heads to Washington in July 2024
Bitcoin (BTC) is set to make a significant impact in Washington this July 2024, according to Grayscale's latest market commentary.
Tezos Showcases JavaScript App Development on Blockchain with Jstz
Tezos Spotlight demonstrates building a JavaScript link shortener on the blockchain using Jstz, showing its potential for JS developers.
Grayscale Reports Market Volatility Amid Late Summer Storms
Grayscale's latest market commentary highlights the impact of late summer storms on market volatility, as reported on August 8, 2024.
Optimal Audio Formats for Speech-to-Text Applications: A Comprehensive Guide
Explore the best audio file formats for speech-to-text applications, focusing on sound quality, file size, and compatibility with STT software.
Ray Training Day 2024: Enhance Your AI and ML Skills in San Francisco
Join Ray Training Day on September 30, 2024, in San Francisco for a comprehensive training session on GenAI and LLMs led by Ray experts.
IBM Research Advances in Automation and Information Processing
IBM Research continues to lead in computer science, focusing on breakthroughs in automation, information processing, and computation.
NVIDIA Unveils AI-Enabled Holoscan Platform for Live Media Applications
NVIDIA introduces Holoscan for Media, an AI-driven platform allowing live video pipelines to run on the same infrastructure as AI, enhancing live media applications.
Exploring the Potential of Decentralized Science (DeSci) in Modern Research
Decentralized Science (DeSci) leverages blockchain to promote transparency, collaboration, and open access in scientific research, addressing the centralization issues of traditional science.
GeForce NOW Expands Cloud Gaming with 'Black Myth: Wukong' and 'FINAL FANTASY XVI Demo' at Gamescom 2024
GeForce NOW unveils 'Black Myth: Wukong' and 'FINAL FANTASY XVI Demo' at Gamescom 2024, enhancing cloud gaming experience.
NVIDIA Unveils Advanced AI and Gaming Technologies at Gamescom 2024
At Gamescom 2024, NVIDIA revealed new AI capabilities, celebrated 600 RTX games, and announced collaborations with MediaTek, pushing gaming technology boundaries.
Gala Games Issues Community Warning Amid Rising Scams
Gala Games warns its community about increasing scams targeting digital communities, highlighting the importance of vigilance and robust security practices.
Anyscale Explores Direct Preference Optimization Using Synthetic Data
Anyscale's latest blog post delves into Direct Preference Optimization (DPO) with synthetic data, highlighting its methodology and applications in tuning language models.
Injective (INJ) Achieves Major Performance Milestone with 0.65-Second Block Times
Injective (INJ) slashes block times to 0.65 seconds, setting new standards in blockchain performance and scalability.
GeForce NOW Integrates Xbox Automatic Sign-In, Expands Game Library Post-Gamescom
NVIDIA's GeForce NOW introduces Xbox automatic sign-in and expands its game library with major titles like Civilization series and Black Myth: Wukong.
Crypto Scams Surge in 2024: ASIC Cracks Down on Fraudulent Schemes
The rise in crypto scams in 2024 underscores the need for vigilance in the Web3 space, according to the Australian Securities and Investments Commission (ASIC).
Keerti Melkote Takes Helm as CEO of Anyscale Amidst Rapid Growth
Anyscale has appointed Keerti Melkote as CEO, following significant growth driven by the adoption of its Ray platform in the AI sector.
Streamline Video Subtitles with AssemblyAI and Zapier Integration
Learn how to generate subtitles for videos using AssemblyAI and Zapier. Follow a step-by-step guide to transcribe videos and upload subtitles to Google Drive.
China Forestry Executives Found Guilty of Market Misconduct
The Market Misconduct Tribunal finds China Forestry's former chairman and CEO guilty of false disclosures and insider trading.
Telegram Unveils Star Reactions, Subscriptions, and Super Channels
Telegram celebrates its 11th anniversary with new features like Star Reactions, Subscriptions, and Super Channels to enhance user experience and support content creators.
Startups Urged to Hire Recruiters Early for Optimal Growth
Startups are encouraged to hire recruiters among their first ten employees to ensure successful scaling and avoid common pitfalls.
Erigon 3 Update Slashes BSC Sync Time from Weeks to 10 Hours
Erigon 3, the latest BSC client, integrates Parlia consensus to cut sync time from weeks to 10 hours, enhancing performance and resource efficiency.
NVIDIA's NIM Agent Blueprint Transforms Drug Discovery with AI-Driven Virtual Screening
NVIDIA's NIM Agent Blueprint leverages generative AI for faster, cost-effective drug discovery, enhancing hit-to-lead transitions.
Hong Kong Monetary Authority Warns Public About Impersonation Scam
The Hong Kong Mortgage Corporation Limited (HKMC) alerts the public to an impersonation scam involving fake loan offers and a fraudulent website.
In-Depth Analysis of the Ethereum (ETH) Ecosystem by Grayscale
Grayscale's latest report provides an in-depth analysis of the Ethereum (ETH) ecosystem, authored by Zach Pandl and Michael Zhao.
NVIDIA Reports Record Q2 Fiscal 2025 Revenue with Strong Data Center Growth
NVIDIA announces record Q2 fiscal 2025 revenue, driven by strong demand in data centers and significant growth in earnings per share.
Chainalysis Report Reveals Surge in China-Based CSAM Networks and Crypto Scams in 2024
Chainalysis' mid-year update highlights a rise in China-based CSAM networks and evolving crypto scams, including the notorious pig butchering schemes.
BitMEX Announces Scheduled Downtime for Options Trading on September 1
BitMEX has announced a scheduled downtime for options trading on September 1, 2024, from 03:00 UTC to 05:00 UTC.
SFC Imposes Lifetime Ban on Charles Lam Chung Yiu
The Securities and Futures Commission has issued a lifetime ban on Charles Lam Chung Yiu for misconduct.
ElevenLabs and Shapes Introduce AI Friends with Voice Interaction on Discord
ElevenLabs collaborates with Shapes to bring voice interaction to AI friends on Discord, enhancing user experience and customization.
AssemblyAI Unveils C# .NET SDK for Advanced Audio Transcription and Analysis
AssemblyAI releases a C# .NET SDK, enabling developers to transcribe and analyze audio, and apply LLMs using LeMUR.
LangGraph.js v0.2 Enhances JavaScript Agents with Cloud and Studio Support
LangChain releases LangGraph.js v0.2 with new features for building and deploying JavaScript agents, including support for LangGraph Cloud and LangGraph Studio.
How to Create a Discord Voice Bot Using ChatGPT
Learn to build a Discord voice bot that integrates ChatGPT for intelligent responses, utilizing Node.js, AssemblyAI, and ElevenLabs.
Celestia Aims to Revolutionize Blockchain with 1 GB Blocks
Celestia announces its roadmap to scale blockchain data throughput to 1 GB blocks, aiming to drastically improve the performance and scalability of decentralized applications.
Hong Kong Monetary Authority Suspends Registration of LI Shek Tang for Nine Months
The Hong Kong Monetary Authority has suspended the registration of LI Shek Tang for nine months due to misconduct involving the fabrication of a client's signature.
Grayscale Bitcoin Trust (GBTC) Registers with SEC Amid Market Volatility
Grayscale Bitcoin Trust (GBTC) files SEC registration, transitioning to NYSE Arca listing amid ongoing market volatility and evolving digital asset landscape.
SFC Restricts Kingston Securities to Freeze Client Account Amid Corporate Misconduct Probe
The SFC has issued a restriction notice to Kingston Securities Limited to freeze a client account over suspected corporate misconduct.
Polars Launches GPU Engine with RAPIDS cuDF for Enhanced Data Processing
Polars releases GPU engine powered by RAPIDS cuDF, boosting data processing speeds up to 13x on NVIDIA GPUs. Now available in open beta.
Ethereum Post-Merge: Successes and Challenges Explored
Two years after Ethereum's Merge, the network faces scalability and fee challenges despite environmental benefits.
LangChain v0.3 Released With Key Upgrades for Python and JavaScript
LangChain announces the release of version 0.3, introducing significant changes and improvements for both Python and JavaScript ecosystems.
LangChain Unveils LangGraph Templates for Python and JS
LangChain has introduced LangGraph templates for Python and JS, designed for easy configuration and deployment to LangGraph Cloud.
Montai Therapeutics Leverages NVIDIA NIM for Multimodal AI Drug Discovery
Montai Therapeutics collaborates with NVIDIA to develop a multimodal AI platform for drug discovery using NVIDIA NIM microservices.
Binance Announces Dubai Escape Promotion with 60,000 FDUSD in Rewards
Binance launches Dubai Escape promotion, offering up to 60,000 FDUSD in token vouchers and a 2,000 FDUSD travel voucher for traders in MENA and South Asia regions.
BitMEX Announces Scheduled Downtime for Options Trading on September 24
BitMEX will undergo a scheduled downtime for options trading on September 24, 2024, from 04:00 to 04:30 UTC, impacting deposits and trades.
AI Revolution: RAPIDS cuDF Accelerates Data Science Workflows
NVIDIA's RAPIDS cuDF boosts pandas library performance up to 100x on RTX-powered AI PCs, enhancing data science workflows.
Grayscale (GBTC) Highlights Crypto Market Trends for Q4 2024
Grayscale's latest research report delves into the crypto market trends for Q4 2024, analyzing the performance of digital assets and the impact on GBTC.
ElevenLabs Unveils Realistic Scottish Accent Text-to-Speech Technology
ElevenLabs introduces advanced Scottish accent text-to-speech technology, offering nine authentic regional accents. Ideal for storytelling, marketing, and more.
Binance Pool Introduces Merged Mining for LTC with Rewards in LTC, DOGE, and BEL
Binance Pool launches Bellscoin (BEL) merged mining, allowing users to mine Litecoin (LTC) and earn rewards in LTC, Dogecoin (DOGE), and BEL.
Binance Pool Introduces Merged Mining for LTC, DOGE, and Bellscoin (BEL)
Binance Pool now supports merged mining for Litecoin (LTC), offering rewards in LTC, Dogecoin (DOGE), and Bellscoin (BEL).
NVIDIA Holoscan Enhances Real-Time Surgical Guidance Through Multi-Modal Imaging
NVIDIA Holoscan, in collaboration with ImFusion, advances surgical precision by integrating multi-modal imaging for real-time guidance in minimally invasive procedures.
Leveraging AI for Efficient Meeting Transcript Summarization
Discover how AI technology can transform meeting transcript summarization, enhancing productivity and collaboration in virtual meetings through advanced AI models and tools.
Binance Announces Launch of Scroll (SCR) on Launchpool and Pre-Market
Binance unveils Scroll (SCR) as its 60th Launchpool project, offering airdrops through BNB and FDUSD staking, with pre-market trading starting October 11, 2024.
Yale, Moderna, and NVIDIA Harness Quantum Computing for Drug Discovery
Yale, Moderna, and NVIDIA explore quantum machine learning to enhance drug discovery. The collaboration focuses on GPU-accelerated simulation of quantum algorithms for predicting molecular properties.
AI Foundation Models Propel Scientific Discovery Forward
Microsoft's AI foundation models, such as MatterGen and Aurora, are enhancing scientific research by accelerating materials discovery and improving weather predictions.
Exploring Ethereum's Future: The Surge and Scalability
Vitalik Buterin discusses Ethereum's potential future with 'The Surge', focusing on scalability and decentralization through sharding and rollups, aiming for 100,000+ TPS.
Bitfinex Lists SCR Token, Enhancing Ethereum's Layer-2 Scaling
Bitfinex is set to list SCR, the native token of Scroll, a layer-2 scaling solution on Ethereum. Trading commences on October 22, 2024, with pairings against USD and USDT.
BitMEX Announces Scheduled Downtime for Options Trading
BitMEX will undergo a scheduled downtime for options trading on October 23, 2024, from 03:00 to 03:30 UTC, temporarily halting trading activities.
BitMEX Announces SCRUSDT Perpetual Swap with 50x Leverage
BitMEX introduces SCRUSDT perpetual swaps for trading with up to 50x leverage, enhancing trading opportunities for SCR token enthusiasts.
Binance Postpones Scroll (SCR) Listing by One Hour
Binance announces a one-hour postponement for the trading start of Scroll (SCR) from 08:00 to 09:00 UTC on October 22, 2024, ensuring smoother launch operations.
Binance Expands Offerings with Scroll (SCR) on Multiple Platforms
Binance is set to integrate Scroll (SCR) across various platforms including Earn, Buy Crypto, Convert, Margin, and Futures, enhancing trading options for users.
HKMA Warns Against Fraudulent Websites Targeting Bank Julius Baer Clients
The Hong Kong Monetary Authority alerts the public about fraudulent websites and phishing messages impersonating Bank Julius Baer, urging caution and reporting of suspicious activities.
BitMEX Introduces SCRUSDT Perpetual Swap with 50x Leverage
BitMEX launches SCRUSDT perpetual swap, allowing traders to leverage up to 50x on SCR, the native token of Scroll. Discover the new trading opportunities now available.
Denmark Unveils Gefion: A Sovereign AI Supercomputer for Scientific Innovation
Denmark launches Gefion, its first sovereign AI supercomputer, aiming to advance quantum computing, clean energy, and biotechnology through local innovation and global collaboration.
Address Poisoning Scams: A Growing Threat in the Crypto World
Address poisoning scams are emerging as a significant threat in the crypto space, targeting high-value users by mimicking frequent transaction addresses.
Claude.ai Unveils New Analysis Tool Enhancing Data Processing Capabilities
Claude.ai introduces an advanced analysis tool enabling JavaScript code execution for data processing, offering real-time insights and enhanced data analysis capabilities for various teams.
Exploring Scalability Challenges and Innovations in Web3 Networks
Scalability is crucial for the growth of decentralized networks in the Web3 era. Discover the challenges and innovations driving blockchain scalability, including solutions like GalaChain.
NVIDIA's GPU Innovations Revolutionize Drug Discovery Simulations
NVIDIA's latest GPU optimization techniques, including CUDA Graphs and C++ coroutines, promise to accelerate pharmaceutical research by enhancing molecular dynamics simulations.
BitMEX Updates Mark Method for SCRUSDTH25 to Fair Price
BitMEX has switched the Mark Method for SCRUSDTH25 to Fair Price marking, utilizing a new index based on spot prices from Binance, Kucoin, and Bitget.
NVIDIA SHARP: Revolutionizing In-Network Computing for AI and Scientific Applications
NVIDIA SHARP introduces groundbreaking in-network computing solutions, enhancing performance in AI and scientific applications by optimizing data communication across distributed computing systems.
EOS Unveils 2024-2025 Roadmap with Focus on Interoperability and Scalability
EOS has announced its roadmap for 2024-2025, emphasizing scalability, developer efficiency, and cross-chain interoperability through significant upgrades across its ecosystem.
Anyscale and Astronomer Collaborate to Enhance Scalable Machine Learning
Anyscale partners with Astronomer to streamline machine learning workflows using Apache Airflow and Ray, enhancing scalability and efficiency for data teams.
AI-Driven Drug Discovery Revolutionizes Treatment Development
AI's integration into drug discovery is transforming the development of treatments, reducing time and cost significantly, according to NVIDIA's blog.
Top AI-Powered Transcript Summarizers: A Comprehensive Guide
Explore the seven leading AI-powered transcript summarizers, examining their features, accuracy, pricing, and compatibility to help you choose the best tool for your needs.
Campbell Watson Utilizes AI in Earth Science Research
Campbell Watson, an IBM Research scientist, is leveraging AI to improve understanding of climate and environmental changes. His work with geospatial models aids in addressing global sustainability issues.
Binance Pay Offers 11% Discount on Mobile Top-ups with No Minimum Spend
Binance Pay users can avail an 11% discount on mobile top-ups with no minimum spend, applicable in selected regions on a first-come, first-served basis, capped at 2 USDT per user.
NVIDIA RAPIDS 24.10 Enhances NetworkX and Polars with GPU Acceleration
NVIDIA RAPIDS 24.10 introduces GPU-accelerated NetworkX and Polars with zero code changes, enhancing compatibility with Python 3.12 and NumPy 2.x for improved data processing.
NVIDIA Unveils AI-Driven Tools to Revolutionize Scientific Breakthroughs at SC24
NVIDIA introduces AI and supercomputing innovations at SC24, promising advancements in biopharma, climate science, and more. CEO Jensen Huang highlights the transformative role of AI in scientific discovery.
NVIDIA Launches cuEquivariance to Revolutionize AI in Drug and Material Discovery
NVIDIA introduces cuEquivariance, a new math library aimed at enhancing AI models for scientific discovery, addressing challenges in symmetry transformations and computational efficiency.
Anthropic Advocates for Targeted AI Regulation Amid Rapid Advancements
Anthropic stresses the need for targeted AI regulation to harness benefits while mitigating risks, as AI capabilities grow rapidly. The company outlines its Responsible Scaling Policy as a model for proactive safety measures.
Enhanced UMAP Performance on GPUs with RAPIDS cuML
RAPIDS cuML introduces a faster, scalable UMAP implementation using GPU acceleration, addressing challenges in large dataset processing with new algorithms for improved performance.
Innovative SCIPE Tool Enhances LLM Chain Fault Analysis
SCIPE offers developers a powerful tool to analyze and improve performance in LLM chains by identifying problematic nodes and enhancing decision-making accuracy.
Offchain Labs Explores High-Throughput Scaling for Arbitrum with Alt-Clients
Offchain Labs is advancing Arbitrum's scalability with a focus on alt-client solutions like Reth, Erigon, and Nethermind to enhance throughput and efficiency.
Mitsui & Co's Xeureka Utilizes NVIDIA AI for Secure Drug Discovery
Xeureka, a subsidiary of Mitsui & Co, leverages NVIDIA's AI platform to safely share healthcare data, enhancing drug discovery efforts through advanced confidential computing.
Anyscale Recognized as 2024 Cool Vendor in AI Engineering by Gartner
Anyscale has been named a 2024 Cool Vendor in AI Engineering by Gartner, highlighting its role as a leading AI platform overcoming AI complexity challenges.
NVIDIA's cuPyNumeric Enhances GPU Acceleration for Scientific Research
NVIDIA unveils cuPyNumeric, a library that accelerates data analysis by utilizing GPUs, aiding scientists in processing vast datasets efficiently and scaling computations effortlessly.
NVIDIA ALCHEMI: Pioneering AI-Driven Material Discovery
NVIDIA introduces ALCHEMI to revolutionize AI-driven material discovery, aiming to accelerate R&D with machine learning interatomic potentials and high-throughput simulations.
Harnessing AI for Neuroscience: IIT Madras and NVIDIA's Innovative Approach
IIT Madras Brain Centre, in collaboration with NVIDIA, uses AI to revolutionize neuroscience research by enhancing brain imaging analysis through visual question answering and multimodal retrieval.
Japan Faces Challenges in Combating Crypto Money Laundering and Scams
Japan's crypto ecosystem grapples with money laundering and scams, despite low exposure to global illicit entities. Authorities intensify efforts to address these issues.
Golem Network Releases golem-js 3.5 With New Features for Developers
Golem Network introduces the golem-js 3.5 update, offering enhanced features for JavaScript and TypeScript developers, marking a significant step in its ongoing development.
Implementing Speech-to-Text with JavaScript and Node.js
Learn to transform audio into text using AssemblyAI's API with JavaScript and Node.js. This guide provides a step-by-step approach to building a CLI app for transcription.
LangSmith SDK v0.2 Enhances Evaluation Experience with New Features
LangSmith SDK v0.2 introduces simplified evaluation methods, improved performance, and enhanced documentation, significantly improving developer experience across Python and TypeScript.
NVIDIA's AI Model QUEEN Revolutionizes Dynamic Scene Reconstruction
NVIDIA's QUEEN AI model enhances free-viewpoint video streaming, offering immersive experiences and efficient scene reconstruction, suitable for various applications including sports, education, and industrial use.
AI Innovation: Retinal Scans Offer Early Alzheimer's Detection
AI technology, Eye-AD, analyzes retinal scans to detect early signs of Alzheimer's, providing a non-invasive and rapid screening method, according to NVIDIA's study.
Python Audio Transcription Enhanced with AssemblyAI's Universal-1
Discover how to transcribe audio files using Python with AssemblyAI's Universal-1, a model offering near-human accuracy and multiple pricing tiers for diverse needs.
Optimizing Zoom Transcriptions with Multichannel Audio Recording
Enhance Zoom meeting transcriptions by leveraging multichannel audio recordings with AssemblyAI's advanced technology. Learn how to integrate Zoom API for accurate speech-to-text results.
HKMA Introduces Special Mortgage Scheme for Uncompleted Properties
The Hong Kong Monetary Authority has announced a special mortgage scheme to assist homebuyers of uncompleted residential properties facing financial challenges.
Enhancing Audio Transcription: Multichannel and Speaker Diarization Explained
Explore how Multichannel transcription and Speaker Diarization enhance audio transcription by distinguishing speakers, improving accuracy, and organizing transcripts for better analysis.
NVIDIA's 2024 Innovations in AI and Data Science Capture Industry Attention
NVIDIA's 2024 advancements in AI, large language models, and data science optimization have made significant impacts, as highlighted in the year's top posts.
Ethereum Layer 2 Blockchain Eclipse Founder Temporarily Reduces Public Role Amid Sexual Misconduct Allegations
Neel Somani, founder and CEO of Ethereum layer 2 blockchain Eclipse, has temporarily reduced his public role amid sexual misconduct allegations, aiming to clear his name.
PlexCoin Founder Indicted by US Grand Jury for 2017 ICO Securities Fraud
A United States grand jury indictment has been delivered to Plexcoin founder, Dominic Lacroix, as well as Yan Ouellet and Sabrina Paradis-Royer for securities and wire fraud, and conspiracy to launder money, according to the DOJ.
NY Business Examines Core Scientific Securities Fraud
In 2022, Culper Research reported that Core Scientific had oversold its mining and hosting operations in 2021 and waived a 180-day lockup term of approximately 282 million shares, allowing them to be dumped in March. Pomerantz LLP reported that Core Scientific's stock plunged 9.4% on this news. Last month, the same law firm filed a class-action lawsuit against Silvergate Capital for making false and deceptive promises.
BTC Institutional Investor Base Now Targeting Ethereum (ETH), says Grayscale Managing Director
Michael Sonnenshein, the managing director at Grayscale Investment LLC, has disclosed that Ethereum is one of the cryptocurrencies that people are looking at for investment.
Shardeum Seeking to Raise $20m-$30M Seed Fund at $200m Valuation
Nischal Shetty, the co-founder of Indian cryptocurrency exchange WazirX, is seeking a $20 million to $30 million funding round for his blockchain startup Shardeum at a $200 million valuation.
Polygon Announces Beta Launch of Zero-Knowledge Ethereum Virtual Machine
Polygon's zkEVM Ethereum scaling solution will deploy on mainnet beta March 27.
Twitch Offers Bitcoin Discount to 15 million Gaming and Livestreaming Subscribers
Twitch is now leveraging BitPay’s digital currency processing network to facilitate Bitcoin cryptocurrency payments and has announced a special 10% crypto discount promotion.
South Korean Watchdog Uncovers 14 Fake Bank Accounts Used by Crypto Exchanges
The South Korea financial regulator has uncovered 14 fake accounts used by crypto exchanges.
Grayscale's Parent Company DCG Plans to Purchase $50M Shares of Ethereum Classic Trust
Digital Currency Group (DCG), the parent company of the cryptocurrency asset management company Grayscale, announced the firm will buy Grayscale Ethereum Classic Trust shares with a total value of $50 million.
Financially Distressed Core Scientific Owes $1 Billion To Creditors
Core Scientific has sent a warning for a bankruptcy crisis. A breakdown of its debts now stands at $1 billion in unpaid bills.
Leaked FinCEN Files: $137M Linked to Crypto Ponzi Scam OneCoin Laundered Through Bank of New York Mellon
A leaked trove of US official documents revealed that five major banks were involved in illicit transactions pertaining to mobsters and crypto Ponzi schemes.
FTX secretly lent Alameda Research $65B
Environmentalists sued the New York Public Service Commission (PSC) on Jan. 13 for allowing the takeover of a bitcoin mining plant. Plaintiff's argument that approval breaches 2019 New York climate legislation. The Climate Leadership and Community Protection Act aims to reduce 85% of statewide emissions by 2050 and achieve zero-emissions power by 2040, among other goals.
RISC Zero Announces Open Sourcing of Key Technological Innovations
RISC Zero's latest announcement reinforces open-source development ethos and vision for a secure digital world, transforming zero-knowledge cryptography and blockchain technology, enabling developers to create unprecedented solutions.
Forsage Founders Indicted for Alleged $340 Million "Global Ponzi" Scheme on Ethereum Blockchain
Oregon's federal grand jury indicted Forsage's founders. "Global Ponzi and pyramid scam" investors lost $340 million on the site.
Arbitrum DAO Approves Additional Funding for STIP Proposals
Arbitrum Decentralized Autonomous Organization approves $23.4 million budget increase for STIP, supporting emerging builders and creating welcoming environment for new projects, raising total budget to 71.4 million ARB tokens.
Peter Schiff Mocks BTC Reliance on Platforms like PayPal, Says "Gold is Money, Bitcoin is not"
Bitcoin critic Peter Schiff is calling out Bitcoin again for requiring a third-party like PayPal to operate as a payment system, he said that "Gold is money and Bitcoin is not".
IOSCO to Consult on Crypto Regulation
The International Organization of Securities Commissions (IOSCO) plans to launch a consultation for its crypto asset regulation report in Q2 2023. The final recommendations are expected to be published by the end of 2023, with separate workflows dedicated to crypto assets and decentralized finance.
IBM Takes Majority Control of Hyperledger Blockchain Steering Board
IBM has doubled the number of its employees on the technical steering committee (TSC) of Hyperledger according to an announcement by the TSC last week. IBM now holds six out of the eleven committee seats which has raised concerns about the tech giant’s new found influence on the enterprise blockchain consortium.
Public Companies Now Hold Almost $7 Billion Worth Of Bitcoin
At the time of writing, there is almost $7 billion of Bitcoin currently held by 13 publicly listed companies, notably MicroStrategy, Square, Galaxy Digital and Grayscale.
CFTC Charges Four Individuals Behind Alleged Bitcoin Fraud Scheme "Global Trading Club"
The Commodity Futures Trading Commission has charged four people for allegedly soliciting funds from clients to speculate in Bitcoin price movements.
PayPal CEO: "The Time is Now" For Bitcoin To Go Mainstream
PayPal CEO Dan Schulman believes the time for cryptocurrencies like Bitcoin to go mainstream is here, he is bullish on the future potential of digital currency,
Twitter introduces content creator subscriptions
Twitter now allows content creators to monetize their posts through subscriptions, offering exclusive content to paying followers. Creators can keep 97% of revenue up to $50,000, with a revenue split of 80% after. Twitter has partnered with Stripe to process payments and will use AI to combat misinformation.
SEC Raises Objections to Celsius Network's Restructuring Plan Involving Coinbase
The U.S. Securities and Exchange Commission (SEC) has filed a limited objection to the Chapter 11 restructuring plan of crypto lending platform Celsius Network. The objection, dated September 22, 2023, specifically targets the company's proposed arrangement with Coinbase for distribution services. The SEC is also currently engaged in a lawsuit against Coinbase, adding another layer of complexity to the situation.
Cryptos Confiscated from $4.2 Billion PlusToken Scam Likely Sold by Chinese Police, says Journalist Colin Wu
China’s crypto journalist Colin Wu believes that Chinese police have sold cryptocurrencies seized from the $4.2 billion PlusToken Ponzi crackdown.
FTC Settles with Voyager Digital Over Misleading FDIC Claims, Former CEO Charged
The FTC settles with Voyager Digital, barring it from handling consumer assets post allegations of misleading FDIC insurance claims. The settlement highlights regulatory efforts to ensure transparency in the crypto industry amid a broader crackdown on deceptive practices.
Grayscale Bitcoin Survey Reveals More Than 50% of US Investors Are BTC Hungry, Clear Crypto Regulations May Onboard More
Grayscale’s Bitcoin Investor Study revealed that Bitcoin interest and knowledge among investors have been steadily growing this year, accelerated by COVID-19.
Binance Co-Founder Yi He Issues Scam Alert on Telegram Impersonation
Yi He of Binance cautions users against Telegram impersonators discussing investments, highlighting vulnerabilities in platform usernames.
Ripple CTO Advocates for Community Consensus on XRP Ledger's AMM Feature Integration
Ripple's CTO, David Schwartz, stresses the importance of community consensus for integrating the Automated Market Maker (AMM) feature on the XRP Ledger. Through discussions on X (formerly Twitter), Schwartz outlines a methodical approach to addressing concerns and urges validators to support the amendment only after achieving community agreement. The AMM feature, seen as a significant stride in decentralized finance on XRPL, was introduced in rippled version 1.12.0 alongside a potential clawback feature aimed at legal liability protection for developers. Schwartz's engagement exemplifies a balanced approach to evolving XRPL while preserving its decentralized character.
Grayscale Investments Opens Trading for Grayscale Bitcoin Cash and Litecoin Trusts
Grayscale Investments, the world’s largest digital currency asset manager has opened public trading for two prominent altcoins, Bitcoin Cash and Litecoin.
Crypto Scams Took in More Than $30 Million in Taiwan in 2019
Blockchain and cryptocurrency investment scams have risen and have reached $900 million New Taiwan dollars ($30 million) in Taiwan last year, according to Gao Hongan, a political figure in the country.
Grayscale Launches New Entity to Manage Growing Funds
Cryptocurrency asset manager Grayscale Investments has launched a new entity, the Grayscale Funds Trust, to manage its publicly traded financial products in-house. The company has also filed a registration statement for three new cryptocurrency-focused ETFs, including a Bitcoin Composite ETF, Ethereum Futures ETF, and a Privacy ETF.
Launch of First Blockchain School Sets to Bring New Hope for Rwanda
Rwanda is poised to become the next Silicon Valley of Africa. This is demonstrated by many tech businesses launching their operations in the country. Due to Rwanda’s rapid rise to become Africa’s tech hub, a new blockchain training school intends to set its foot in the country. The establishment of the school is expected to introduce new innovative ways to create new African blockchain technology-based products.
Grayscale Files for Three New Crypto ETFs
Grayscale Investments has filed a registration statement with the SEC for three new cryptocurrency-focused ETFs, including a Bitcoin Composite ETF, Ethereum Futures ETF, and a Privacy ETF. Grayscale also announced the launch of its Grayscale Funds Trust to manage its publicly traded financial products in-house.
Kraken Donates $100K to Cryptocurrency Think Tank Coin Center, Following Grayscale’s Footsteps
Kraken crypto exchange has applauded Coin Center for the crypto research institute has played in furthering the cryptocurrency industry.
Scroll's 2024 Agenda: Lower Costs, Enhanced Security, and Increased Decentralization
In 2024, Scroll plans to make blockchain technology more accessible, secure, and decentralized. The company will reduce operational costs by 50%, integrate data compression techniques, and implement 4844 data blobs. It will also enhance compatibility with Ethereum Improvement Proposals and SHA256 precompile.
Hong Kong Blockchain Ecosystem Feb 2020 - New Members
Hong Kong Blockchain Ecosystem Feb 2020 - New Members
Blockchain Technology Powers Brazil's National Identity Card Issuance
Brazil has commenced the use of blockchain technology for issuing the National Identity Card (CIN) to enhance security and data integrity in the new identity issuance process. The initial phase begins in three states with a nationwide deadline set for November 6, 2023. This move is part of Brazil's broader initiative towards leveraging blockchain for public service improvement, aligning with global trends of digital identity verification.
Reddit to Discontinue Blockchain-Based Community Points Program
Reddit is discontinuing its blockchain-based Community Points program due to scalability issues, moving towards more scalable rewards programs. Despite initial promise, high transaction fees and bandwidth limitations on Ethereum led to a transition to Arbitrum Nova in 2022. However, scaling challenges persisted, prompting the phase-out by early November 2021. The termination caused a significant drop in associated token values. Reddit now focuses on other community incentive programs like the Moderator Rewards Program and the Contributor Program.
Ethereum Layer 2s See Surge in Popularity in Q1 2023
Alchemy's Q1 2023 report shows Ethereum layer 2 networks, including Optimism, Arbitrum and Polygon, saw a 44% increase in bridged crypto assets compared to Q4 2022, and a 518% increase compared to Q1 2022. The report suggests this growth may have been driven by successful airdrops from Optimism and Arbitrum. Additionally, the deployment of smart contracts related to layer 2s increased by 160% compared to Q1 2022, despite a 30% decrease from Q4 2022.
Digital Currency Group Lands $600M Debt Funding
Grayscale Investments’ parent company Digital Currency Group (DCG) said it has secured a $600 million credit funding, billed to power its many diverse operations.
Scaramucci's Skybridge Capital to Launch Venture Fund for Web3 & Crypto Investments
SkyBridge Capital is planning to unveil a dedicated venture fund that will invest in web3 and crypto companies.
Invesco Partners with Mike Novogratz’s Galaxy Digital to Rollout Suite of Crypto ETFs
Investment management firm, Invesco, is preparing to make crypto ETFs available to investors. The company has partnered with Galaxy Digital Holdings Ltd to expand its existing exchange-traded funds.
FBI Arrests 2 Hackers for Ransomware and “Crypto-Jacking” Scams, 5 Chinese Suspects Still at Large
The DoJ and the FBI seized two criminals connected to a cybercrime targeting over 100 companies in the US and abroad with ransomware, crypto jacking and more.
Gibraltar Financial Services Commission Comprehensive Updates to its DLT Regulations
The Gibraltar Financial Services Commission (GFSC) has updated its guidance notes for distributed ledger technology (DLT) providers in the country.
Russian Civil Servants Required to Declare Crypto Holdings Beginning in 2021
Russia’s public officials will be obligated to declare all their private cryptocurrency and digital asset holdings, effective from the start of 2021.
Beware of an Overseas Crypto Scam, Thai Regulator Stipulates
The Thai Securities and Exchange Commission (SEC) has discovered a crypto scam where overseas companies are involved.
Coindesk May Be Sold as Parent Company DCG Struggles
CoinDesk may sell. Digital Currency Group (DCG), its parent firm, looks to be struggling financially. DCG has received many bids over $200 million for the media group in recent months.
US Investment Giant Charles Schwab Not Interested in Direct Trade of Crypto
Charles Schwab the US-based brokerage giant, which manages over $3.2 trillion in assets, are dismissing cryptocurrencies for the time being. This decision comes in spite of their competitors ‘Fidelity’ rushing to embrace this new market.
Core Scientific Partners with Foundry in Financing Deal up to $23 Million
The financing from Foundry will enable Core Scientific and its clients to continue shifting global mining operations to North America
Morgan Stanley Buys Up To $40 Million Worth of Grayscale Bitcoin Trust Shares
Morgan Stanley recently bought more shares in Grayscale Bitcoin Trust to expand its allocation in Bitcoin investment. The move indicates a continued and ever-increasing position in crypto-related assets.
ZeroSync to Bring ZK-Proofs to Expedite Bitcoin Validation
Swiss-based nonprofit, ZeroSync Association, is developing open-source tooling that enables users to validate the state of the Bitcoin network using zero-knowledge proofs (ZK-proofs) without downloading the entire blockchain. ZeroSync uses StarkWare's proprietary Zero-Knowledge Scalable Transparent Argument of Knowledge (zk-STARK) validity proofs to generate succinct ZK-proofs for the Bitcoin blockchain, promising to overhaul the process of verifying the Bitcoin blockchain, which still requires node operators to download a large amount of data to synchronize the correct state of the Bitcoin network.
JPEX Claims 70% of Voting Users Agree to Dividend Scheme; Lawmaker Warns of Debt Risks
JPEX, a virtual asset trading platform suspected of illegal operations, has proposed a DAO stakeholder dividend scheme. While 70% of participating users have agreed, lawmaker Huang Junshuo warns of potential debt risks. The platform is also under legal scrutiny, with ongoing investigations into fraud.
Investment Fraudsters Sentenced to Over Six Years for Telecoin Crypto Scam
Two fraudsters, Ross Jay and Michael Freckleton, were sentenced to over six years for a £500,000 scam involving a fictitious cryptocurrency "Telecoin."
DoJ Charges BitClub Promoter for Role in $722 Million Crypto Fraud Scheme
A Californian man pleaded guilty for his involvement in perpetrating BitClub Network, a cryptocurrency mining scheme that generated at least $722 million.
South Carolina to Play Home for Greenidge's 175 Acre Crypto Mining Farm
Nasdaq-listed Greenidge Holdings has announced its plans to establish a new data center for mining cryptocurrencies in Spartanburg County, South Carolina State.
Deutsche Bank Ignored Suspicious Activity of Child Sex Trafficker Jeffrey Epstein, Bitcoin Community Screams Hypocrisy
The NY State Department of Financial Services has slapped Deutsche Bank with a $150 million dollar fine, Bitcoin Community has been quick to call out the institutional bank’s shortcomings in funding international sex trafficker Jeffrey Epstein.
Debt Box vs SEC: Court Reverses Asset Freeze, Raises Questions on SEC's Conduct
Debt Box is suing the SEC for misrepresentation of evidence in obtaining an asset freeze, citing potential sanctions for misleading arguments.
Breaking: Binance Sells Russian Operations to CommEX, Exits Market
Binance has announced the sale of its entire Russia business to CommEX, citing compliance issues as the primary reason for the exit. The transition process for existing Russian users is expected to take up to one year, with no financial strings attached to the deal for Binance.
CIA Eyes Blockchain Technology with New Research Lab
US Central Intelligence Agency has rolled an in-house R&D arm dubbed CIA Labs to scale up technological and scientific breakthroughs for future intelligence challenges.
Bitcoin Surges Past $28,000 and GBTC Discount Narrows to 17%
Bitcoin's value surged to $28,142 on Binance after Grayscale Investments won a lawsuit against the SEC, converting its Grayscale Bitcoin Trust into an ETF.
Grayscale Goes to Court After SEC Rejects its Proposed ETF Bid
The United States Securities and Exchange Commission (SEC) dashed the hopes of Grayscale Investments with a rejection of its application to convert the Grayscale Bitcoin Trust product to a full-spot Exchange Traded Fund (ETF)
Grayscale AUM up $3.4 Billion in a Week, $500 Million in a Day, GBTC 33% Premium Shows High Bitcoin Demand
Institutional-grade digital asset manager, Grayscale Investments is up $3.4 billion in assets under management (AUM) over the last week, bringing total AUM to $16.4 billion.
Asset Manager Invesco Files for 2 Crypto ETFs in the US
American independent investment management company Invesco Ltd has announced the launch of two Exchange Traded Funds in the U.S.
Google AI and Robotic Systems Forge New Frontier in Material Discovery
Google AI and robotic systems have predicted the stability of nearly 400,000 new substances, accelerating material discovery and synthesis, with implications for clean-energy technologies and other fields.
Solana's SOL Price Predicted to Surpass $3000 in Bullish Scenario by 2030
VanEck's analysis suggests Solana could reach significant valuation by 2030 due to its technical innovations and user-focused applications. However, challenges like financial sustainability, technical stability, and developer adoption need to be addressed for this potential.
Singapore Regulators and Banks Develop Crypto Customer Screening Standards
Singapore's monetary authority and police forces are collaborating with traditional banks to optimize their procedures for opening accounts for digital asset service providers. After six months, results and conclusions for risk management and due diligence will be published. The guidelines will cover stablecoins, NFTs, and transferable gaming or streaming credits, with banks reserving the right to make decisions based on their own risk assessment.
Dutch Central Bank Aims to Play Leading Role in Developing CBDC in Europe as Part of Plan to Become Increasingly Digital
The Dutch central bank, De Nederlandsche Bank made an announcement in its bulletin, saying that it aims to become the world leader in the development of central bank digital currencies (CBDCs). The report highlighted that the topic of CBDC has gained more public exposure in the Netherlands than in “several other euro area countries for several reasons.”
Telecommunications Giant Deutsche Telekom Invests in Blockchain Payments Platform Celo
Deutsche Telekom, a German-based telecommunications company, has entered the crypto space by investing in Celo, a San Francisco-based blockchain payment platform that offers crypto on mobile phones.
Following Investigations in Brazil for Crypto Scams, Ronaldinho Faces Arrest for Using Fake Passport
Ronaldinho, the widely celebrated football player faces arrest for attempting to use fake passports to enter Paraguay after the scandal of his involvement in cryptocurrency scams.
Ethereum’s Zinken Testnet Launch Is a Huge Success, Buterin Says “Scalability Will Go Up” on Eth 2.0
Ethereum developers have finally achieved a successful testnet release with Zinken.
ING Bank-Led Security Token-Focused Project Pyctor Was Selected by UK's FCA for its Regulatory Sandbox
Led by ING Bank, in collaboration with ABN AMRO, BNP Paribas Securities Services, Invesco US, Société Générale – Forge, State Street, and others have launched a digital asset project — Pcytor.
Smart Contracts Enables Commodity Trading Transformation, GSCG Report Shows
Given that commodity trading is highly fragmented, blockchain-driven smart contracts can transform this sector by redefining market transactions and transparency, according to a Global Smart Commodity Group (GSCG) report.
Hope Finance Scam Leaves Prospective DeFi Users Out of Pocket
Arbitrum-based algorithmic stablecoin startup Hope Finance loses $2 million to a smart contract attack.
American Fugitive Wanted for $722 Million Crypto Scam Arrested in Indonesia for Child Sex Offenses
An American fraud fugitive wanted by the US Federal Bureau of Investigation (FBI) for a $722 million cryptocurrency scam has been nabbed in Jakarta, Indonesia, for child sex crimes.
Investors Enjoy Growing Enthusiasm & Popularity of Bitcoin: Grayscale's Study
A recent survey conducted by Grayscale Investments, a Digital Currency Group (DCG) owned crypto asset manager has revealed the growing enthusiasm and popularity of Bitcoin as an investable asset class.
3 Website Operators Lured Romance-Seeking Victims Into Their Fraud
Three website operators lured romance seekers with their bogus bitcoin investment scam.
Pablo Escobar’s Drug Runner Yasutaka Nakamoto "Could be" Satoshi Nakamoto
Who is Yasutaka Nakamoto? Who is Satoshi Nakamoto? Are they the same person – Olof Gustaffson believes that Yasutaka had the technical knowledge of creating Bitcoin, as he has had extensive experience with microprocessors and semiconductors. Roberto Escobar, brother of the drug kingpin Pablo Escobar has launched a fork of the Bitcoin blockchain, known as “Dietbitcoin,” in 2019, which later on relocated to Ethereum’s ERC-20 standard. Roberto Escobar claimed that he has encountered a US government agent posing as Satoshi Nakamoto, which he reached the conclusion that the US government created Bitcoin. He further believes that the US government will one day crash the market completely by selling all of Nakamoto’s Bitcoins.
Three Ex-Citi Executives Launch Crypto Investment Firm
Three former Citi executives have started a new crypto investment firm named Motus Capital.
Ripple Files Lawsuit Against YouTube Over Cryptocurrency Investment Scam
Ripple crypto firm has hit YouTube with a lawsuit accusing the streaming platform of failing to take action against crypto scams that impersonate the cryptocurrency company.
Fantom (FTM) Foundation CEO Reveals Exciting Plans for Sonic's Launch and Future Development
Michael Kong, CEO of Fantom Foundation, has unveiled the highly anticipated launch of Sonic, a groundbreaking blockchain technology that promises unparalleled scalability and security. With plans to create a shared sequencer for L1 and L2 chains and introduce simplified staking and liquid staking support, the Fantom team is poised to revolutionize the world of blockchain. Stay tuned for more exciting updates and partnerships in the coming weeks.
Polygon Co-Founder Proposes zk-Powered ApeChain
A proposal for developing a dedicated Layer-2 chain, ApeChain, to support ApeCoin ecosystem’s growth was made within the ApeCoin DAO community by Sandeep Nailwal of Polygon Labs. The initiative aims to solve scalability issues and promote ApeCoin-integrated projects through a collaborative effort between ApeCoin DAO and Polygon Labs. Estimated at an annual cost of $200,000 funded by ApeCoin DAO, the proposal garnered support as well as raised concerns and queries from the community regarding its financial, technical, and strategic aspects.
Peter Schiff Criticizes Investors who Succeeded in Getting Wall Street to Buy into the Bitcoin Mania
Peter Schiff has yet again expressed his disappointment at BTC proponents that has stirred increased Wall Street participation in crypto.
Ethereum Devs Launch Spadina Testnet, What Needs to be Perfected for ETH 2.0?
Ethereum developers have launched a short-term testnet, dubbed Spadina, in preparation for Ethereum 2.0 mainnet.
Cardano Founder Charles Hoskinson Addresses an Alleged ADA Scam in China
Scammers are capitalizing on the recent success of Cardano’s native altcoin, ADA, and using it for their own personal gain. For the first time in over a year, ADA has moved above $0.10, and has picked up by over 200 percent.
Grayscale's 33% GBTC Premium Signals “Outrageous” Institutional Demand For Bitcoin, says Willy Woo
Grayscale Bitcoin Trust's (GBTC) premium on Bitcoin has risen to 33%, indicating “outrageous demand” for BTC from institutional investors as its price consolidates at $23,000.
Scallop Protocol Secures $3 Million Funding
Scallop Protocol, a leading DeFi platform on Sui Network, successfully raises $3M in strategic investment round for expansion.
Investors Need to Accept the Trajectory and Level of Volatility in Bitcoin, Says SkyBridge Capital Founder
Anthony Scaramucci, the founder of SkyBridge Capital and former White House communications director, believes that as Bitcoin (BTC) continues being widely adopted, investors ought to accept the trajectory and level of volatility in the leading cryptocurrency.
US FinCEN Files Show Deutsche Bank Tops List of Suspicious Transactions, So Cut Bitcoin Some Slack
German central bank, Deutsche Bundesbank appears to have facilitated over one trillion dollars of suspicious transactions flagged by US FinCEN.
Grayscale Launches New Crypto Dealer as Genesis Got Incapacitated With 3AC Bankruptcy
Grayscale Investments, one of the largest asset managers in the digital currency ecosystem has launched a new broker-dealer dubbed Grayscale Securities, recent filings with the United States Securities and Exchange Commission show
Dave Portnoy Offers to be The Savior of Bitcoin and Chainlink (LINK), Angering Crypto Twitter
After declaring that he may be quitting crypto trading altogether, Dave Portnoy is now hinting that he will “save Bitcoin and crypto.”
NFT project was actually a "social experiment" designed to shed light
Little Shapes' creator said he lied about his past to promote his exposé.
SkyBridge Capital Achieves Record Year with Crypto Investments, Scaramucci Foresees Bright Future for Bitcoin
Anthony Scaramucci's SkyBridge Capital records its best year in 2023 with a 130% rise in crypto investments, primarily in Bitcoin, Ethereum, and Solana. Scaramucci predicts Bitcoin will surpass its all-time high, bolstered by the recent approval of Bitcoin ETFs by the SEC.
Thailand's Commercial Bank SCB Terminates Deal to Acquire BitKub Crypto Exchange
Siam Commercial Bank (SCB), the oldest commercial banking institution in Thailand has announced the effective termination of its proposed deal to acquire the BitKub exchange.
Core Scientific Faces Bankruptcy With Over 78% collapse in Share Value
Bitcoin mining firm Core Scientific to file for Bankruptcy
Grayscale Announces the Launch of its Diversified Crypto Investment System for Trading
Grayscale Investments, the American-based crypto management fund, announced a plan to launch its diversified crypto investment system for trading. This investment product is known as Grayscale Digital Large Cap Fund (GDLCF), and trading will begin in no distant time with access to US securities.
Ethereum's Dencun Upgrade: Catalyst for Ecosystem Expansion and Price Surge in 2024
The Ethereum network is poised for significant growth in 2024, thanks to the Dencun Upgrade, which aims to enhance network efficiency, scalability, and decrease transaction costs.
Vitalik Buterin Announces Ethereum's Upcoming Milestones: Verkle Trees and History Expiry
Ethereum's network takes a major leap in scalability with the completion of the "Basic rollup scaling" milestone, paving the way for verkle trees and history expiry.
First Bitcoin Mixer Slapped with $60M Fine by FinCEN in Money Laundering Crackdown
FinCEN charged a Bitcoin-mixing operator with a $60 million civil money penalty for violating anti-money laundering regulations.
Grayscale Predicts Bitcoin Price and Use-Cases to Increase as Economic Inflation Accelerates
Grayscale believes that the US floating the economy with aggressive quantitative easing has seen Bitcoin investors convert to long-term holders
U.S. Seizes $1.4M in Tether Linked to Tech Support Scam Targeting Elderly
The U.S. Attorney's Office in Chicago has seized approximately $1.4 million in Tether (USDT) linked to an alleged tech support scam that primarily targeted elderly victims across the United States.
Bitcoin Ordinals: Over 30M Inscriptions with $50M in Accumulated Fees
As of recent data from Dune Analytics, the Bitcoin Ordinals Protocol has seen a total of 30,329,662 inscriptions, with an accumulated fee of ₿1,998.1707 (Bitcoin), equivalent to approximately $51,681,834 USD. These inscriptions, known as "Bitcoin-native Digital Artifacts," allow users to embed data directly into the Bitcoin Blockchain.
Coinbase Amplifies Anti-Terrorism Financing Measures Through Blockchain Analytics
Coinbase, on October 17, 2023, outlined its robust measures to curb terrorism financing and other illicit activities through a rigorous compliance framework and blockchain analytics. The discourse emphasizes the importance of regulatory clarity in the U.S to minimize offshore risks associated with digital assets. With a dedicated team and technological tools, Coinbase demonstrates a proactive approach in maintaining the integrity of the crypto ecosystem.
Studying Bitcoin Always Lead to Investing in it: Skybridge Capital CEO
Scaramucci pointed out that those who do their homework by studying cryptocurrency are always fascinated by its potential and invest in it.
Verizon Cybersecurity CPO, Alex Schlager on Why 5G Networks Require a Whole New Approach to Enterprise Online Data Security
Alex Schlager, CPO of Security Services for Verizon Business believes 5G networks require a completely new way of thinking about security.
Grayscale Bitcoin Trust Purchases another 10,000 BTC, Surpassing $22 Billion in AUM
Grayscale Bitcoin Trust has gone from $3 billion in assets under management (AUM) to around $22.9 billion now.
Core Scientific Set for Post-Bankruptcy Revival with NASDAQ Relisting
Core Scientific is set to emerge from bankruptcy in January 2024, with plans to distribute convertible notes and stock, and relist on NASDAQ, marking a significant turnaround for the Bitcoin miner.
Korea's Financial Services Commission Officials Mandated to Declare their Crypto Holdings
Korea's Financial Services Commission employees are to report their digital currency holdings by May 7, as there have been concerns about insider information.
Substack Plans to Start Accepting Bitcoin Payment for Digital Subscriptions
Online publishing platform Substack has announced plans to begin accepting Bitcoin for digital subscription payments.
Grayscale's Court Victory Influences SEC's Landmark Approval of Bitcoin ETFs
The U.S. SEC, under Chair Gary Gensler, has approved several spot Bitcoin ETFs, a significant regulatory shift influenced by a court victory by Grayscale. This decision marks a new era in cryptocurrency regulation, signaling greater acceptance and potential mainstream adoption of digital assets.
Trezor Wallet Investigating Potential Email Phishing Campaign
In yet another spate of attacks on prominent digital currency entities and hardware wallets, Trezor has issued a note of caution to its community of users about a potential phishing campaign it is currently investigating.
UNICEF to Commemorate its 75th Anniversary of Changing Children’s Lives by Selling 1,000 NFTs
To celebrate efforts of saving children's lives and defending their rights for seventy-five years, UNICEF intends to sell 1,000 data-driven NFTs.
Twitter Massive Hack Attack Traced Back to Crypto Wallet Using BitPay and Coinbase
In the massive Bitcoin scheme that happened earlier this week, reputed coin exchanges such as Binance, Gemini, and Coinbase were targeted by crypto scammers, and officials have been hard at work investigating the digital trail that may lead back to the crypto scammers.
Senator Warren Focuses on Crypto Scam Risks for Seniors, Advocates New Legislation
Senator Warren emphasized the Digital Asset Anti-Money Laundering Act, gaining bipartisan support to regulate crypto activities and protect vulnerable populations from financial fraud.
Ripple on the Brink of Decisive Win as SEC Legal Battle Nears End
Ripple is expected to win a legal battle with the SEC, potentially settling $20 million or less. This victory is expected due to legal perspectives and the recent Second Circuit Court ruling, impacting digital currency regulation.
Crypto Investors Unable to Access Their Money: 8 Things to Consider Before Investing in Cryptocurrency
On Tuesday, the News York Times reported about frustrated crypto investors demanding their money back. But things are thick than expected. The situation reflects similar cases in which many cryptocurrency investors frequently fall into trap each year. The article, therefore, highlights important things that crypto investors should think about before investing in cryptocurrency.
GBTC's Discount to NAV Hits New Record Low after SEC Declining its Bitcoin Spot ETF Application
Grayscale’s flagship product GBTC has continued to widen its discount. The discount signals the poor performance of the Bitcoin fund. As a solution, Grayscale wants to convert the GBTC into a spot Bitcoin ETF.
SEC Gains Upper Hand: Ripple Ordered to Disclose XRP Sales Data
A US district judge has ordered Ripple to disclose XRP's financial and institutional sales data, a significant victory for the SEC amid allegations of unregistered sales.
Billionaire Investor Tim Draper: Why Millennials Should Consider Investing in Bitcoin
The future of Bitcoin remains a hot topic. Billionaire venture capitalist, Tim Draper, calls Bitcoin as the way of the future. Draper had a recent interview with Foxbusiness, a session whereby he advised millennials that if they really want to retire rich, then they need to invest in Bitcoin.
SEC Considers Filecoin a Security, Grayscale Disagrees
According to the SEC, Grayscale's Filecoin Trust's underlying asset, Filecoin (FIL), should be classified as a security under federal securities laws. The regulatory body's viewpoint has sparked a dispute, as Grayscale holds a differing opinion on the matter.
Curve Finance Launches MIM/crvUSD Pool on Arbitrum, Bolstering DeFi Ecosystem
Curve Finance's new MIM/crvUSD liquidity pool on Arbitrum marks a significant advancement in DeFi, offering enhanced liquidity and user experience. This strategic move leverages Arbitrum's layer 2 capabilities for faster, cost-effective transactions, underlining Curve's commitment to innovation and community-driven governance.
Long-term Dormant Ethereum ICO Participant Activates $3.2 Million Worth of ETH
An Ethereum ICO participant re-emerged after 8.2 years of inactivity, transferring 2,000 ETH ($3.2 million) to four different addresses on October 21, 2023. Acquired at a mere $620 at the Ethereum Genesis, this move not only underscores Ethereum's substantial price appreciation but also hints at potential market dynamics as long-dormant assets re-enter circulation. The transaction could signal various intents, from cashing out to redistributing or reinvesting the holdings, each with its own set of implications for the Ethereum market.
Etherscan Made 100% Inaccessible by China's Great Firewall
Etherscan.io, one of the most widely used Ethereum block explorers, was found to be inaccessible from IP addresses inside of mainland China. According to the tests performed locally, the country’s Great Firewall, which is used by the government to regulate citizens’ access to foreign internet sites has blocked the Ethereum blockchain data site.
eToro Sees More Bitcoin Demands Than Supply, Set To Ration Bitcoin Sales
eToro has noted that it has more demand for Bitcoin (BTC) than its current supply can support and the possibility of rationing sales is high
German Crypto Firm USI Tech Founder Charged in $150 Million Fraud Scheme
Horst Jicha, founder of USI Tech, has been charged with defrauding investors of $150 million in a fraudulent crypto scheme, marking a significant development in regulatory action against crypto-related crimes.
Bitcoin Price Bull Run Sees Grayscale Investments add $300M AUM in One Day
Grayscale Investments CEO Barry Silbert has announced a breathtaking increase of $300 million in AUM after a single day this week as Bitcoin went on its $13K bull run.
MicroStrategy's Bitcoin Investment Earns $103 Million with ROI of 24.3% in the Last 79 Days
Bitcoin's price is currently around $13.8K. Since Aug. 11, with Microstrategy's purchase of Bitcoin, the company has earned $2.7k per BTC for a total of $103 million.
Charles Hoskinson Proposes Solution to Fix Twitter’s Problem, Taking Digital Identity to the Blockchain Age
With the recent Twitter hack, implicating individuals including Elon Musk, Bill Gates, Joe Biden, and a few others, Cardano founder Charles Hoskinson spoke about the issue in his most recent Whiteboard video.
Invesco Mutual Fund Files to the India‘s SEC to Invest in Blockchain Fund
The fund management giant Invesco Mutual Fund has submitted documents to the SEC of India to invest in Invesco Elwood Global Blockchain UCITS Exchange Traded Fund.
A16z Crypto Introduces Jolt zkVM for Blockchain Scaling
Andreessen Horowitz (A16z) Crypto has introduced Jolt, a zero-knowledge solution that integrates SNARKs, enabling faster SNARK-based Layer 2 solutions and enhanced security for developers.
US SEC Rejects One River Spot Bitcoin ETF Application
The United States Securities and Exchange Commission (SEC) has rejected the spot Bitcoin Exchange Traded Fund (ETF) Application filed by One River Asset Management
Litecoin vs Ethereum: The 8 Differences that You Should Know
Litecoin and Ethereum have proven to be among the most fundamental digital assets in the crypto space. According to the Coin Market Cap, Ethereum is ranked the second most popular cryptocurrency after Bitcoin, whereas Litecoin is ranked seventh. Despite their popularity, their intentions are entirely different. It, therefore, becomes crucial to comprehend their unique aspects.
US Senator Demands Answers from Twitter Over Massive Bitcoin Hack Incident
US senator Josh Hawley has urged Twitter to cooperate with fed agencies and take necessary measures to secure the social media site before the cyber hacking accounts of celebrities, politicians, technology moguls, and major firms in an apparent Bitcoin scam expands further.
Crypto Project Baer Chain Has Been Classified as a Ponzi Scheme by the Chinese Police Department
The police department of the Haizhou district in Lianyungang, a coastal city in China published a notice on " information verification and registration of investment members of the Baer Chain case” on June 15. According to the notice, the project has been classified as a Ponzi scheme.
Binance's Market Dominance Challenged as OKX and Upbit Gain Ground
The 2023 CEX Market Report shows Binance's dominance diminishing as OKX and Upbit gain market share. Factors like on-chain data, user growth, and social media presence contribute to the evolving CEX landscape.
Core Scientific Signs Hosting Deal to Add 75 MW to ASIC Server Capacity
US-based crypto mining company Core Scientific has signed a colocation agreement to secure at least 75 megawatts of energy capacity for its data centres.
Crypto.com Grabs Naming Rights of Staples Center for $700M
Hong Kong-based Crypto.com signed a 20-year cooperation deal worth $700 million with Anschutz Entertainment Group (AEG), which owns the Staples Center and the L.A. Live.
Core Scientific to Host CoreWeave's AI and HPC Workloads in $100M+ Deal
Core Scientific has signed a multi-year contract to provide CoreWeave with up to 16 MW of data center infrastructure for AI and HPC workloads, with potential revenue exceeding $100 million.
Puerto Rican Regulators Closes Peter Schiff's Bank - a Case for Decentralization?
Puerto Rican authorities have closed down the Euro Pacific Bank, a local financial institution that belongs to Peter Schiff, the world’s most vocal Bitcoin (BTC) critic.
SEC Withdraws Lawsuit Against Debt Box Amid Misleading Evidence Controversy
The SEC has withdrawn its lawsuit against Debt Box, accusing it of a $50 million fraudulent scheme, paving the way for future charges and a significant shift in crypto firm regulatory landscape.
Argo Blockchain Inks Bitcoin Mining Machine Swap Agreement with Core Scientific
The London-listed Bitcoin mining company, Argo Blockchain, has inked a partnership with Core Scientific that will see both companies swap their BTC mining machines over the next few months.
Total Value Locked in DeFi Jumps to $208 Billion with Ethereum Taking the Lion’s Share
According to DefiLlama, a ranking and metrics provider for DeFi protocols, the total value locked (TVL) in this sector stands at $208.03 billion.
Web3 Security CertiK X Account Compromised in Phishing Scam
CertiK, a blockchain security firm, suffered a cyber attack on its X account, leading to phishing scams, raising concerns about crypto security vulnerabilities and sophisticated social engineering tactics.
Celsius Denies Allegation of CEO Leaving US
Celsius Network has denied its CEO's leaving from the US, claiming that all related allegations are false. Alex Mashinsky was reportedly stopped by authorities, amid insolvency rumours about his company.
Intel to Discontinue Blockscale Bitcoin Mining Chips
Intel plans to cut costs by discontinuing its Blockscale Bitcoin mining chips, with the company stopping orders for the ASICs by Oct. 20 and ending shipping roughly in April 2024. Intel launched the Blockscale mining chips in April 2022 with a hash rate of up to 580 gigahash per second. The move is part of Intel's strategy to prioritize certain chips for outside customers while monitoring market opportunities in the crypto space.
Gibraltar Introduces New Legislation to Combat Insider Trading and Market Manipulation
The Gibraltar Financial Services Commission (GFSC) has updated its regulatory guidelines for the digital currency ecosystem to include a 10th clause that addresses insider trading and market manipulation.
Degen Zoo NFT Game Draws Huge Interest After Logan Paul's Crypto Zoo Scandal
Degen Zoo, an NFT game inspired by Logan Paul's controversial Crypto Zoo concept, has attracted massive interest, with over 115,000 wallets registering to join the game, pledging over $700 million. The game aims to raise awareness of the impact of capitalism on animal extinction and features a deflationary token and an NFT collection of 120 endangered species. However, the project's success follows Paul's Crypto Zoo scandal, which was criticized as a scam, leading to a class-action lawsuit accusing Paul and Crypto Zoo executives of stealing millions of dollars worth of cryptocurrency from purchasers through a fraudulent scheme.
British Army Recovers Twitter & YouTube Accounts following Crypto Scam Hack
The British Army recovered from crypto scams after hackers breached its YouTube and Twitter accounts on July 3.
Third Co-Founder of Centra Tech Pleads Guilty for $25 Million ICO Fraud
It has recently been announced that the third co-founder of Centra Tech has agreed to plead guilty for his role in the $25 Million Initial Coin Offering (ICO) Scam his cryptocurrency firm was involved in.
Jackson City in Tennessee Plans to Accept Property Tax Payment in Bitcoin
US Jackson City in Tennessee State intends to permit its residents to pay property tax in Bitcoin, Mayor Scott Conger reveals.
TIME Magazine to Start Accepting Cryptocurrencies as Subscription Payments
TIME Magazine has partnered with Crypto.com to roll out a crypto payment system for its magazine subscriptions.
Romanian Programmer Confesses to Orchestrating BitClub Crypto Scam Worth $722 Million
Silviu Catalin Balaci, a 35-year old Romanian citizen living in Germany, has owned up to helping create BitClub Network, a crypto mining Ponzi scheme that siphoned off investors’ funds worth $722 million.
Core Scientific Sold 1,975 Bitcoins More That It Mined in July
Core Scientific mentioned that curtailment activities related to power shutdowns limited its Bitcoin production activities during the month of July. The company, however, said it mined more Bitcoins during July than the previous month.
Russian Blockchain E-Voter Identities Can be Exposed Through Vulnerability
On the final day of Russia’s vote on the proposed constitutional amendments—a vulnerability in the blockchain-based system that allows user’s votes to be decrypted has been exposed by Russian media.
Bitcoin Crowned ‘Most Viewed Asset in the US’ Last Month, Along with Tesla Stock
This week, Bitcoin surged in the market again, recording new highs that have not been seen of the digital asset since June of last year.
Bitwise CIO Matt Hougan Discusses Amended Spot Bitcoin ETF Application
Matt Hougan, CIO of Bitwise, used a Twitter thread to elaborate on the firm's amended spot Bitcoin ETF application. He emphasized the need to prove that the CME bitcoin futures market is a "regulated market of significant size" for surveillance purposes and highlighted Bitwise's history of original research in their ETF filings.
Will Gold Bull Peter Schiff Change His Mind on Bitcoin? Crypto Twitter Backs BTC
Peter Schiff and his son have brought their friendly banter regarding Bitcoin investments to crypto Twitter.
AI's 2024 Outlook: Insights from Germanidis, Hooker, Liang, Luccioni, Moiloa, and Scott
Batch Issue 229 envisions AI's 2024 vision, emphasizing inclusive, transparent, and ethical development, focusing on multimodal models, real-time interactivity, language gap, transparency, governance, and human contributions.
Ripple Releases One Billion Tokens from Escrow Again, Does This Influence XRP's Price Movement?
Ripple released a total of 1 billion XRP from its Ripple escrow account in two separate transactions of 500 million tokens each. Will XRP price plummet?
Bitmain Commits $54 Million Investment in Core Scientific, Inc. Amid New Supply Contract
Core Scientific has secured a $53.9 million investment from Bitmain, a leading manufacturer of digital currency mining servers. The deal involves a $23.1 million cash payment and an equity exchange worth $53.9 million in Core Scientific common stock. The partnership aims to boost the Bitcoin Network's efficiency and contribute to the company's self-mining hash rate.
BORA to Establish Cross Chain with Polygon in expanding Web 3.0 Market: KBW 2022
South Korean-based and blockchain-based content platform operator BORANETWORK (BORA) announced Wednesday to establish a cross-chain with Polygon to expand the global ecosystem and user liquidity contact points.
Crypto Scams Have Swindled At Least $1B From Nearly 50,000 People Since 2021 - FTC
Despite crypto penetrating the masses from Bitcoin ATMs to Super Bowl ads, scams in this sector have been going through the roof because more than $1 billion has been lost since 2021, according to a study by the Federal Trade Commission (FTC).
Ethereum’s Transaction Volume Hits a 5-Month High
Despite Ethereum (ETH) correcting from the historic high of $4,860 attained recently, the second-largest cryptocurrency is still experiencing high transaction volume on its network.
CFTC Nabs 2 Crypto Fraudsters Involving in a $44M Ponzi Scheme
Two suspected cryptocurrency fraudsters Sam Ikkurty of Portland, Oregon, and Ravishankar Avadhanam of Illinois have been charged by the United States Commodity Futures Trading Commission (CFTC) for illegally soliciting as much as $44 million through Ponzi-like scheme
Miller Opportunity Trust Says It Could Invest Up To $300 Million In Grayscale’s Bitcoin Trust
Miller Opportunity Trust plans to invest up to $300 million, or 15% of its net assets, into the Grayscale Bitcoin Trust.
XRP staking scam
A phoney staking scheme is targeting XRP investors. XRP staking websites and emails have been faked. The swindle promises 12%–27% profits.
Arbitrum's New ArbOS 11: A Game Changer for Blockchain and Crypto
The recent implementation of ArbOS 11 by the Arbitrum community introduces key improvements, including EVM Shanghai support and gas efficiency enhancements, fostering optimism in the crypto market for ARB.
New Zealand Police Froze $140 Million in Assets and Crypto From Alleged BTC-e Exchange Money-Launderer Alexander Vinnik
New Zealand police said they have frozen $140 million linked to Russian crypto fraud suspect, Alexander Vinnik, alleged to have been the operator of the now-defunct BTC-e crypto exchange.
Top Lawyer Sydney Schaub Departs from Gemini by Joining Opendoor Technologies Inc.
Schaub resigned her role as general counsel of cryptocurrency exchange Gemini. She is joining an online real estate company Opendoor Technologies Inc. as a chief legal officer.
Will DeFi Migrate to New Blockchain Platforms with the Surge in Ethereum Gas Prices?
The rise of DeFi in 2020 has made experts question whether Ethereum could sustain the sheer volume of transactions in the long run.
OKLink Reveals $103M Blockchain Losses in February 2024
OKLink's February 2024 report details $103M in crypto losses, highlighting the critical need for heightened security measures.
Ripple Impersonated by Scammers in a Fraudulent “XRP Incentive Plan” Token Giveaway
Cryptocurrency scammers have been capitalizing on Ripple’s success by rolling out a new XRP giveaway initiative that proved to be fraudulent.
Trump Ends COVID-19 Pandemic, according to White House Release
The Trump Administration has ended the COVID-19 pandemic, or at least according to the list of his accomplishments from the White House Science and Technology Office.
Cryptocurrency Phishing 2023: Wallet Drainers Steal $295 Million from 324,000 Victims
Scam Sniffer's 2023 report shows a significant rise in sophisticated crypto phishing scams, causing losses of $295 million to over 324,000 victims, highlighting ongoing industry challenges.
"Deutsche Bank share slide fuels global banking fears"
Deutsche Bank's recent share slide has added to concerns about the state of the global banking system and the possibility of a new financial crisis. As governments try to protect the dollar's status as the world reserve currency, concerns about hyperinflation and a historic correction of the economic system are growing. Some members of the Bitcoin community are looking to the cryptocurrency as a potential hedge against inflation.
Taiwan's Financial Regulator Cautions Investors Amidst Crypto Volatility
Taiwan's FSC urges public caution with virtual asset trading due to extreme price volatility, highlighting the speculative nature and risks involved.
OKX Ventures Invests in Celestia Lab's Series B Funding for Modular Blockchain Development
OKX Ventures has invested in Celestia Lab's Series B funding round to advance the development of the first modular blockchain network, Celestia. This investment aligns with the growing trend towards modularity in blockchain technology, aimed at overcoming scalability issues inherent in traditional Layer-1 chains. The initiative also underscores OKX Ventures’ broader commitment to fostering blockchain innovation globally.
Exclusive: Lack of Interdisciplinarity - Culprit for FinTech Talent Shortage
Professor Aris Stouraitis, Department Head of Finance & Decision Sciences at Hong Kong Baptist University shares with us the culprit of FinTech talent shortage! He also highlights how financial institutions, governments, and academic institutions can address this problem.
Hackers Hungry for Bitcoin and Ether Target Indian Prime Minister Narendra Modi
Bitcoin and cryptocurrency hackers seized the social media account of India Prime Minister Narendra Modi today, in an effort to secure Bitcoin and Ether funds.
Tackling DeFi Scams: Making Pre-sale Ecosystems Safer
Investors are aware that “rug pull” scams have negatively affected the reputation of the DEFI/DEX space in recent times. But liquidity protocols could be an effective solution.
FTX debtors report over $4 billion in scheduled assets
FTX debtors have reported over $4 billion in scheduled assets among various company silos as of November 2022 in a filing with the United States Bankruptcy Court. The report revealed that Alameda Research held the majority of scheduled assets but had "potentially material claims that have been filed as undetermined," while the data surrounding cryptocurrency holdings or transactions was limited.
Chinese Crypto Investors Orchestrated Digital Heist to Recuperate Lost Crypto
China-based crypto investors launched a cryptocurrency scam of their own, after having been defrauded themselves.
Deutsche Börse Taps SEBA Bank as the New Issuer of Crypto ETNs
SEBA’s ETNs are designed to deliver investment returns that correspond to the underlying cryptocurrencies' price and performance.
Ronaldinho's Crypto Scam: A Deep Dive into the $61 Million Controversy
Ronaldinho Gaúcho, a Brazilian football icon, is under legal scrutiny for allegedly involving a cryptocurrency scam that could impact his celebrity endorsements, as his venture, '18kRonaldinho', promises daily returns of over 2%.
Peter Schiff’s Bank Investigated in Global Tax Evasion Probe, Gold May Be Dirty
Peter Schiff’s Euro Pacific Bank is currently under a tax evasion probe for hosting numerous financial accounts suspected of tax evasion crimes.
Peter Schiff Sends Stern Warning to Barry Silbert Over Grayscale Bitcoin Trust Price Collapse
Grayscale investments’ national ad campaign has fallen on deaf ears, with shares in Grayscale’s Ethereum Trust plummets 80%. Peter Schiff sends a warning to Grayscale investments CEO Barry Silbert.
Ripple (XRP) Whale Addresses Reach New All-Time High as Price Surges, Despite Regulatory Unclarity
Data suggests that as the number of holders with large amounts of XRP has been rising, also contributed to the coin’s growth.
Chainalysis Exposes Southeast Asia's Human Trafficking and Scam Nexus
Chainalysis reveals the intertwining of human trafficking with crypto scams in Southeast Asia, highlighting the urgency to combat these digital age crimes.
Crypto Scam Revenue Has Dropped by 65% in 2022: Chainalysis
Illicit crypto volumes have been diminishing year-over-year, with scams taking the lion’s drop share, according to a report by blockchain analytic firm Chainalysis.
Grayscale Contacts with SEC over the Securities Status of Three Trusts
Grayscale Investments, a subsidiary of the Digital Currency Group (DCG) has been in contact with a staff of the United States Securities and Exchange Commission (SEC) over the definition of the status of three of its established Trusts.
Extraterrestrial Evidence: A 15-Year Scientific Wager
Astrobiologist Schulze-Makuch and planetary scientist Ian Crawford predict technological extraterrestrial life within 15 years, highlighting rapid space exploration advancements and cosmic significance.
Core Scientific Posts Strong Q4 Amidst 2023 Fiscal Recovery
Core Scientific has announced a significant fiscal recovery for Q4 2023, with a notable increase in self-mined bitcoin and improved financial results.
Mangofarm Scandal: Solana's Blockchain Ensnared in Alleged Ponzi Scheme Ties
Mangofarm, Solana blockchain, cryptocurrency scam, Banana Miner Ponzi scheme, digital currency security, blockchain fraud, crypto investment caution, Richard Matthew John O’Neill, decentralized finance, investor vigilance
Gold Bull Peter Schiff Changes Bitcoin Price Prediction as BTC Smashes New Record of $50,000
Bitcoin has achieved a new record high of $50,000 as institutional support has continued to pile onto the cryptocurrency.
SafeMoon LP Compromised
SafeMoon, a cryptocurrency project endorsed by celebrities, announced its liquidity pool was attacked, but gave no further details. Experts suggest a recent software upgrade may be to blame for the vulnerability that allowed an attacker to remove SafeMoon tokens and sell them at an inflated price.
Report: OKX Ventures Boosts Ecosystem with Investments in Aark Digital, dappOS, and 0xScope
OKX Ventures reveals its September investments in Aark Digital, dappOS, and 0xScope, aimed at bolstering the crypto ecosystem covering Layer2 Derivatives, operating protocol, and knowledge graph protocol. These strategic investments are reflective of OKX Ventures’ continuous endeavor to fuel innovation amidst a rapidly evolving crypto landscape.
ARK Invest Intensifies Investment in Robinhood
ARK Invest, led by Bitcoin enthusiast Cathie Wood, increased its stake in Robinhood, buying 1.1 million shares worth over $9.5 million in a single day. The investment was distributed across three ARK ETFs, with ARKK acquiring the majority.
Bitcoin Is Still the Cryptocurrency to Own Despite Current Struggles, says SkyBridge Capital Founder
SkyBridge Capital founder Anthony Scaramucci believes that Bitcoin is still the cryptocurrency to watch because it has attained “escape velocity."
dYdX Utilizes $9M Insurance Fund Following Alleged Targeted Attack on YFI
dYdX deployed $9 million from v3 insurance fund to cover YFI market liquidations, suspecting targeted attack and market manipulation. No user funds affected, insurance fund remains at $13.5 million.
Biden-Harris Administration Secures AI Commitments from Major Tech Companies
The Biden-Harris Administration has secured voluntary commitments from eight more artificial intelligence (AI) companies to manage AI risks. The commitments emphasize safety, security, and trust, requiring AI products to undergo security testing, share information on risk management, prioritize cybersecurity, and develop mechanisms to inform users. The administration is developing an Executive Order on AI and pursuing bipartisan legislation to position America as a responsible AI developer.
Brazilian Couple Behind $400M Crypto Ponzi Scheme Nabbed in Argentina
Authorities in Argentina have arrested a Brazilian couple accused of masterminding a $400 million cryptocurrency Ponzi scheme.
Deutsche Boerse to Delist Coinbase Shares Citing "Missing Reference Data"
Coinbase shares will be delisted on Deutsche Boerse'trading platforms after "missing reference data" was uncovered.
Grayscale Submits Comment Letter to SEC Regarding Spot Bitcoin ETF Application
Grayscale's legal team submitted a comment letter to the SEC, advocating for the approval of all spot bitcoin ETF applications, emphasizing fair regulation and investor protection.
Georgia Proposes Bill Where Crypto Will be Part of High School Curriculum
Georgia lawmakers have passed a bill that recommends cryptocurrency to be integrated into the high school curriculum.
Crypto Token Backed by $25M Diamond Ponzi Scam Flagged by DoJ
The US Department of Justice charged a Florida native with wire fraud, for soliciting investors in a diamond-backed cryptocurrency Ponzi and investment scam.
Mask Network (MASK) Bonfire Union Achieves $100 Million Milestone
Mask Network launches $100 million fund under Bonfire Union, supporting decentralized social networks and infrastructure, driving Web3 innovation, and contributing to Mastodon and Web3 education through $10 million builder initiative.
Coinbase Rolls Out AI-Driven ERC-20 Scam Token Detection System
Chief Legal Officer Paul Grewal unveils Coinbase's ERC-20 Scam Token Detection System, combining smart contract auditing with machine learning to tackle crypto scams. Disclosed on October 6, 2023, this initiative enhances security and trust in token listings on the platform.
G7 Bank Sector Higher Money Laundering Risk than Crypto Industry, Reports Mexico Financial Intelligence
According to a report released by the Financial Intelligence Unit of Mexico, the G7 banking sector was most at risk of money laundering operations.
Australian and Los Angeles Residents Charged in $25 Million AI Crypto-Trading Ponzi Scheme
The DOJ indicts David Gilbert Saffron and Vincent Anthony Mazzotta Jr. for running a $25M AI crypto Ponzi scheme, involving fictitious entities, false promises, and misuse of investor funds.
'Black Swan' Author Slams Bitcoin, Calls It a 'Gimmick' and a Ponzi Scheme
After having previously invested in Bitcoin, Black Swan author Nassim Taleb has changed his mind regarding the leading cryptocurrency. He now thinks Bitcoin resembles a Ponzi scheme and explains why.
Guggenheim’s Scott Minerd Says Bitcoin Price Should Rise to $400,000
Scott Minerd, Global Chief Investment Officer at Guggenheim Investments, believes that the price of Bitcoin will hit highs of around $400,000 based on its fundamental value.
Binance Research: Ethereum's Roadmap for Scalability and Decentralization
Binance Research reports Ethereum's focus on scalability and decentralization, with Layer-2 solutions and Danksharding being key components. The transition to Proof-of-Stake in 2023 leads to a 257.7% increase in mainnet data publishing fees.
IOSCO Releases Landmark Policy Recommendations for Crypto and Digital Asset Markets
The International Organization of Securities Commissions (IOSCO), a leading international body of securities regulators, recently published an influential report titled 'Policy Recommendations for Crypto and Digital Asset Markets Consultation Report.'
Winklevoss Checks on Bitcoin Critic Peter Schiff as BTC Price Smashes ATH
As the Bitcoin price soars, Tyler Winklevoss checked in on BTC critic Peter Schiff, who is adamant that the market is rising on pure speculation.
Venom Ventures Fund Commits a $5 Million Strategic Investment in the Everscale Blockchain
Venom Ventures Fund, a Web3 and blockchain innovation fund managed by Abu Dhabi-based investment fund manager Iceberg Capital Limited, has announced a strategic partnership with Everscale, a premier blockchain that aims to solve the scalability issues bogging down the Web3 industry.
Sergey Kondratenko: Scam Projects and Fraud - A Trap for Investors
In 2023, over $10 billion in U.S. consumer losses were caused by fraudulent fintech investment projects, including Ponzi Schemes, "Boiler Room" operations, insider information offers, and aggressive marketing.
AI's False Promises: CFTC Warns of Soaring Crypto Scams
The U.S. Commodity Futures Trading Commission (CFTC) alerts the public about the surge in AI-driven crypto scams, emphasizing the technology's inability to predict market trends and the dangers of misleading claims about high returns.
Sharding, pBFT and Linear Scalability - An Interview with Saiba Kataruka at Zilliqa
Saiba Kataruka is the Developer Market Lead at Zilliqa. He began his career as a consultant with IBM in the payment technology field for Asia and Europe. He joined Zilliqa based on his belief that blockchain and decentralization can improve the current social and financial structure.
Ether’s Net Issuance Dropped from Over 4% to 0.21% Last Week
Ethereum's supply continues to diminish based on the London Hardfork or EIP-1559 upgrade.
Coinbase CEO Brian Armstrong hints at Lightning integration
Coinbase CEO Brian Armstrong has hinted that the cryptocurrency exchange may integrate Lightning, a layer 2 scaling solution for Bitcoin. Armstrong did not provide any further details on the potential integration, which would make Coinbase one of the largest trading platforms to adopt the technology.
Decline in Crypto Crime: Insights into 2024 Trends and Challenges
2024 sees a notable decline in crypto crimes, with hacking and scamming activities reduced. However, ransomware and darknet markets show resurgence, emphasizing the need for enhanced security and regulatory measures in the crypto industry.
CertiK: Crypto Social Media Scams Surge
CertiK discusses the growing threat of crypto scams on social media, citing a FTC report revealing over $1 billion lost in the 18 months leading to June 2022, with nearly half coming from social media interactions. It suggests preventive measures like hardware wallets and smart contract security audits.
Is Bitcoin still a Safe Haven? The Crypto Community Debates on Twitter Following Global Stock Market Crash
Is Bitcoin still a safe haven? The Crypto Community takes the debate to Twitter after the biggest stock market crash since 2009.
RIFT Protocol Solves the Scalability Problems in Blockchain
RIFT Protocol is a potential solution that could make the scalability problem in blockchain market a thing of the past.
Apple Co-Founder Steve Wozniak Sues Google and YouTube Over Fraudulent Bitcoin Scam Videos
Legal team for Steve Wozniak, co-founder of tech powerhouse Apple, announced a lawsuit against YouTube and their parent company Google alleging that the media companies failed to take down fraudulent videos that impersonated Wozniak to drive Bitcoin funds.
Core Scientific Reports Strong Financial Performance in Q1 2023
Core Scientific, a Bitcoin miner firm, saw a 49% increase in Q1 2023 revenue to $179.3 million, with a net income of $210.7 million, despite facing risks from Bitcoin price volatility and debt.
News Industry Grapples with Financial Woes and AI Disruption
The news industry faces declining advertising revenue, declining subscriber growth, and AI-driven disruptions, necessitating strategic shifts and legal disputes to adapt to digital advertising trends.
Grayscale Investments Removes XRP from Its Fund and Rebalances Bitcoin, Ethereum, Litecoin, and BCH Assets
Grayscale Investments has joined other exchanges and funds in removing its support of Ripple’s XRP token.
Singapore to Pump $8.9 Million Into National Blockchain Ecosystem
The Singaporean government has deployed a US$ 8.9 million national blockchain initiative dubbed the Singapore Blockchain Innovation Program (SBIP).
Kevin Rose, co-founder of Moonbirds, falls victim to phishing attack
Moonbirds co-founder Kevin Rose. He lost about $1.1 million in NFTs to a phishing fraud.
Dave Portnoy Calls Bitcoin “A Ponzi Scheme,” but Says He Will be Back for Crypto
Dave Portnoy revealed that he had previously bought $1.25 million worth of Bitcoin, despite thinking the cryptocurrency was just a “just one big Ponzi scheme.”
South Africa Sets Year-End Licensing Deadline for Crypto Exchanges
According to Bloomberg, South Africa has mandated that all crypto exchanges operating within its borders must secure licenses by the end of the year. The Financial Sector Conduct Authority (FSCA), the country's financial regulator, has already received approximately 20 applications since the licensing process was initiated a few weeks ago.
Russia Mulling the Idea to Build a Crypto Platform on the Moscow Stock Exchange
Russian lawmakers are mulling the idea that the government could create a cryptocurrency trading platform that will be an offshoot of the Moscow Stock Exchange.
Grayscale Bitcoin Trust Offers Public Access to BTC “Era of Digital Gold”
Grayscale Bitcoin Trust is offering mainstream investors access to the newly proclaimed era of digital gold as Bitcoin evolves into a dominant store of wealth.
Crypto Investment Fraud Generates $27 Million, SEC Charges Scammers Posing as Pastors
The US Securities and Exchange Commission filed a complaint against three men posing as pastors who defrauded churchgoers in a cryptocurrency Ponzi scheme.
Grayscale Taps Top Former Obama's Lawyer in Preparation for Spot BTC ETF Legal Battle
In preparation for this historic verdict from the SEC, Grayscale has onboarded Donald B. Verrilli Jr as the latest member of its legal team.
Core Scientific's Bankruptcy Exit: Financial Revival and Operational Expansion
Core Scientific's court-approved bankruptcy plan sets the stage for its Nasdaq relisting, debt restructuring, and operational expansion, aiming to bolster revenue and shareholder value.
Grayscale Plans to Offer More Digital Asset Products to Meet Rising Investor Demand
Grayscale Investments LLC has announced plans to explore other digital assets.
CFTC Demands $572 Million in Penalty and Restitution for Bitcoin Scam, Defendant Nowhere to be Found
US CFTC demanded that the founder of the Bitcoin cryptocurrency scam company Control-Finance pay $572 million in penalty and restitution fees for Bitcoin fraud.
ACE Exchange President Michael Wang Arrested
Michael Wang, President of ACE Exchange, was recently arrested on charges of fraud and money laundering, marking a significant event in the cryptocurrency industry.
BRC-20 Bitcoin Tokens Surpass $1 Billion Market Cap
BRC-20 Bitcoin tokens reached a market capitalization of $1 billion, with notable tokens like ORDI, NALS, VMPX, PEPE, and MEME experiencing price variance of between +11% and -55%. The token standard uses Ordinals and Inscriptions to manage token contracts, minting, and transfers on the Bitcoin blockchain.
Binance Stops Trading Of Stock Tokens amid increasing Global Regulatory Scrutiny
Binance has announced that it will suspend providing digital versions of stocks such as Coinbase, Apple, and Tesla, a time when the exchange faces rising pressure from regulators across the globe.
Coinbase Secures Registered VASP from Dutch Central Bank
Nasdaq-listed digital currency trading giant Coinbase Global Inc has announced its official registration as a Virtual Asset Service Provider (VASP) with the Dutch Central Bank (De Nederlandsche Bank — DNB).
Orderly Network Pulls $20M Funding to Develop DEX Protocol
Orderly Network, a Decentralized Exchange (DEX) protocol incubated by NEAR and Woo Network has raised $20 million in venture capital funding.
Turkish Crypto Exchange Goes Bankrupt, Customers Locked Out of Their Funds
Thodex crypto exchange has gone offline and its customer service vanished too, thus leaving users in the dark.
Twitter Enables Monetization for Creators
Twitter users can now monetize their content via a new subscription service, allowing creators to charge followers a monthly fee for access to exclusive content. Twitter has partnered with Stripe to payout creators and will take a 3% cut up to $50,000, after which the revenue split drops to 80%. The feature is part of Tesla CEO Elon Musk’s ongoing effort to revamp the social media platform, which includes using artificial intelligence to detect and deter misinformation.
"I Knew Owning Bitcoin Was a Bad Idea," Claims Peter Schiff After Losing Access to His Bitcoin Wallet
"I knew to own Bitcoin was a bad idea, I just never realized it was this bad!" exclaims Peter Schiff, after losing access to his bitcoin wallet and his password being invalidated. The crypto – the community has offered help, but it would seem the BTC has been lost for good.
Vodafone Follows PayPal and Visa to Leave Facebook's Libra Association
Maybe what Facebook is not doing right that costs it to lose founding partners? Breaking news shows that Facebook’s Libra has lost another member of its council. This time round, Vodafone has confirmed to have left Libra Association.
Invesco Unveils Metaverse Fund to Tap into £1.4 Trillion Opportunity
Invesco has launched the fund to invest in startups building the metaverse. The fund will invest in large, medium, and small-scale businesses worldwide.
Nigerian Police Arrest Politician Wilfred Bonse for Involvement in Patricia Technologies Financial Fraud
Nigeria Police Force arrests politician Wilfred Bonse for over 200 million Naira financial fraud at Patricia Technologies, three for romance scam, and USDT recovery in cryptocurrency fraud.
Australia's Crypto King Schebesta Sold $6.5m Penthouse to Buy Bitcoins
Fred Schebesta, who is commonly referred to as ‘Australia's Crypto King', said the current cheap crypto prices means that it is the right time to invest more into crypto.
BRC-20 Tokens Surge in Popularity as Traders Flock to Bitcoin's Latest Token Standard
BRC-20 tokens, the latest token standard on the Bitcoin blockchain, have seen a surge in popularity as traders and investors embrace the novel fungible token. With a market capitalization of over $1 billion and a total trading volume of $207.7 million in the past 24 hours, BRC-20 tokens like ORDI, NALS, VMPX, PEPE, and MEME have experienced significant price variance.
Deutsche Bank Joins JP Morgan’s Blockchain Platform
Germany’s beleaguered banking giant, Deutsche Bank, has joined JP Morgan’s blockchain-based Interbank Information Network (IIN), the Coin Telegraph reports.
Grayscale Debuts First European ETF
Grayscale Investments has announced the launch of its first Exchange Traded Fund (ETF) product in the European Economic Area.
South Korea’s Financial Services Commission to Ban Privacy Coins from Exchanges
South Korea’s Financial Services Commission (FSC) will ban privacy-centric digital assets or “dark coins” from exchanges as they present a high money laundering risk.
Public Chain WormholesChain Receives $10m in Seed Funding
Multi-dimensional public chain WormholesChain said it has completed a $10 million seed round led by Mandra Capital and Timing Capital.
Schwab Q3 Survey: 44% Bullish on U.S. Stock Market and 66% See AI as a Significant Market Impact
The Charles Schwab Trader Sentiment Survey for Q3 indicates a shift in investor sentiment towards optimism, with 44% of traders optimistic about the U.S. stock market, despite concerns about recession, Federal Reserve interest rate hikes, political instability, inflation, and market corrections. Older traders are more optimistic.
US Prosecutors Unseal Indictment of $20 Million Dollar Cryptocurrency Ponzi Scheme
US prosecutors have recently indicted a group of investment scammers who have orchestrated a cryptocurrency mining fraud following a Ponzi scheme protocol.
Twitter introduces content creator subscriptions
Twitter now allows content creators to monetize their posts through subscriptions, offering exclusive content to paying followers. Creators can keep 97% of revenue up to $50,000, with a revenue split of 80% after. Twitter has partnered with Stripe to process payments and will use AI to combat misinformation.
Why Vitalik Buterin Proposed 33% Increase in Gas Limit for Ethereum
Ethereum's Vitalik Buterin proposes a 33% increase in the gas limit to improve network throughput. This first change in three years aims to balance efficiency and stability, addressing scalability.
Algorand Partners with Italian Economic Ministry to Advance Blockchain Initiatives
The Algorand Foundation of Singapore has signed a collaboration agreement with Fondazione Ugo Bordoni aimed at testing and advancing the groundbreaking open-source technology developed by its founder Silvio Micali.
Philippines Warns the Public on Bitcoin Scammers Posing as Government Officials
Finance ministry of the Philippines Government has alerted the public about false information that fraudulently uses the name of Secretary Carlos Dominguez III to promote a fake crypto trading platform recognized as “Bitcoin Revolution”.
Wilshire Phoenix Files for Publicly Traded Bitcoin-Backed Fund Approval Seeking to Challenge Grayscale’s Dominance
The New York-based investment company, Wilshire Phoenix has filed the s-1 registration statement with the SEC for a publicly-traded Bitcoin fund in accordance with regulatory requirements.
Bitcoin Users Have Bigger Problems Than Recent Twitter Scam
The recent spate of Twitter scams appears to indicate that Bitcoin users will face even more sophisticated and devastating attacks in the future.
Debiex Accused of $2.3M Romance Scam by CFTC
The CFTC has charged Debiex and Zhāng Chéng Yáng with conducting a romance scam, misleading customers to invest $2.3 million in a fraudulent scheme.
Bitcoin Price Will Hit $20,000 in 2020? Not Even Close Says Peter Schiff
Bitcoin has been having a good year and a very strong price showing since the Black Thursday stock market crash in March.
British Farmer Attempted £1.4M Bitcoin Extortion from Tesco by Contaminating Baby Food
Nigel Wright, a 45-year-old sheep farmer from Lincolnshire, England, has been accused of trying to extort Bitcoin worth £1.4 million, approximately $1.8 million, from retail giant Tesco. He made this blackmail to reveal the Tesco stores he had planted the contaminated baby food.
Grayscale CEO challenges SEC's denial of application
If GBTC becomes a spot BTC ETF, Grayscale Investments CEO Michael Sonnenshein stated investors will get a "few of billion dollars" back.
Peter Schiff Criticizes Sequoia Capital's Employee BTC Plans, Says It's An Attempt to "Sucker in Buyers"
Bitcoin's price downtrend has caused Peter Schiff to criticize Sequoia's employee remuneration scheme based on Bitcoin.
Intel Launches Second-Generation Bitcoin Mining Chip ‘Blockscale’
Intel is keen on introducing the most efficient blockchain mining chips that enable more energy efficiency and a lightning-fast mining experience.
Grayscale Has Strong Case against SEC: Chief Legal Officer
A legal official of Grayscale Investment said the company has confidence in a lawsuit against the US SEC. The company is applying to convert its Grayscale Bitcoin Trust (GBTC) product to a spot Bitcoin ETF.
CBI and Liminal Collaborate for Digital Asset Security in India Amid Crypto Scams
The Central Bureau of Investigation of India is partnering with Singapore-based Liminal to secure digital assets seized during investigations amid rising cryptocurrency frauds in India.
California Governor Gavin Newsom Warns Bitcoin Scams are Targeting Public In COVID-19 Market
In his official address, Gavin Newsom California governor cautioned the public against individuals asking for advance payment in Bitcoin with the promise of delivering essential commodities.
The University of Pennsylvania Wharton School to Accept Crypto for Tuition Fees
Wharton business school of the University of Pennsylvania has announced that it is developing a new online executive education program that will allow students to pay for tuition fees with cryptocurrencies.
What Will Cryptocurrency Speeds Look Like in 2020?
Each year, more people are converted to the benefits of cryptocurrency. Some are spurred to make the change from traditional fiat currency based on the security and safety features that are present in the blockchains. Others are increasingly convinced it's the future of finance by the transaction speed that cryptocurrency offers.
New Zealand Investigates Second Auckland Church Over OneCoin Scam Links
The Department of Internal Affairs (DIA) in New Zealand is probing the second church in Auckland over allegations that it is linked to OneCoin, a ponzi scheme promoted as a cryptocoin with a private blockchain which has been red flagged as a scam.
White House Heightens Scrutiny on Crypto Miner’s Energy Consumption
Regulatory scrutiny increases as crypto mining activities are rising and consuming huge amounts of energy.
Binance Supports Optimism (OP) Network Upgrade and Hard Fork
Binance confirms support for Optimism (OP) network's upgrade and hard fork on January 12, 2024, enhancing Ethereum's Layer 2 scalability and efficiency.
US SEC Postpones Approval of Grayscale's GBTC to Spot BTC ETF Product
The United States Securities and Exchange Commission (SEC) has once again postponed the approval of the proposal from Grayscale Investments to convert its flagship Bitcoin Trust (GBTC) into a spot Non-Fungible Token (NFT) product.
US NIST Initiates AI Safety Consortium to Promote Trustworthy AI Development
The US National Institute of Standards and Technology (NIST) has launched the Artificial Intelligence Safety Institute Consortium to promote safe AI development and responsible use, inviting organizations to collaborate on identifying proven safety techniques by December 4, 2023.
Web3 Builders Reveals Suite of Tools to Combat DeFi exploits
Nicholas Horelik of Web3 Builders stated, “end users ought to have this functionality” to understand asset security.
Taiwan Regulates Crypto Exchanges, Bans Unregistered Foreign Operators
Taiwan's FSC has released new guidelines for regulating Virtual Asset Service Providers (VASPs) in the country. The guidelines, effective from September 26, 2023, prohibit foreign VASPs from operating in Taiwan without proper registration and encourage self-regulation within the industry.
Samsung Electronics to Use Blockchain in Climate-Focused Reafforestation Program
Samsung Electronics America has committed to the planting of 2 million Mangrove trees in Madagascar in a bid to advance its quota on the fight against climate change.
Thai Bank SCB Acquires Local Crypto Exchange Bitkub for $536.7M
Thailand’s oldest bank Siam Commercial Bank Plc (SCB), has completed the acquisition by acquiring a majority stake of local cryptocurrency exchange Bitkub.
Grayscale withholds on-chain reserve evidence for security reasons
Cryptocurrency investment product provider Grayscale Investments has refused to provide on-chain proof of reserves or wallet addresses to show the underlying assets of its digital currency products. The company cited "security concerns" in a Nov. 18 Twitter thread addressing investor concerns. Pressure mounts for crypto firms to introduce proof of reserve after FTX's liquidity issues and subsequent bankruptcy.
Russia will build a crypto exchange
Russian politicians are amending cryptocurrency laws. Finance Ministry and Central Bank of Russia apparently back the endeavor. Russian currency restrictions and laws wouldn't apply, but transactions would be reported to the tax department.
Deutsche Bank says Bitcoin Is too Important to Ignore
Per a new Deutsche Bank report, Bitcoin's growing market cap has made it impossible to ignore.
Hong Kong Regulator SFC Warns ICOs as Unauthorized Investment Schemes
The Hong Kong Securities and Financial Commission have issued a warning to the public to beware of unregulated investment schemes, such as digital tokens and initial coin offerings (ICO).
Chinese Authorities Crack Down on 54.8 Million USDT Money Laundering Scheme
Chinese authorities crack a major USDT-linked money laundering case, arresting 21 suspects and seizing over 1M yuan.
RBL Bank Partners with Accenture to Build A Digital Bank Infrastructure
RBL Bank announced that it will partner with Accenture, who envisions that it will enhance the bank’s information technology (IT) network and services.
As it Happened: Binance Denies Ripping Off $1 million From a User's Account
Binance, one of the largest crypto exchanges based on trade volume, has hit back at embezzlement claims made in November 2018 after it froze a user’s account with crypto assets worth $1 million. It claims that its actions were based on a tip-off by the South Korean police to return the funds to a scam victim.
SEC Postpones Decision on Grayscale Ethereum Trust's ETF Application
The SEC has extended its review period for Grayscale's Ethereum ETF application to January 2024, reflecting a careful evaluation approach towards cryptocurrency ETFs.
LOST Island to Provide Groundbreaking Escape Game Experience
LOST's entry into the metaverse with LOST Island will provide users with game-changing escape game experiences as the company has initiated various upcoming initiatives, the company told Blockchain.News.
China’s WeBank Makes its First Move to Take its Blockchain Global, Partnering with Singapore's OpenNodes
China’s top digital bank WeBank has announced its partnership with Singaporean government-backed OpenNodes. This partnership will allow China’s FISCO BCOS blockchain platform to be brought to Singaporean academics for innovation and new initiatives. FISCO BCOS was deemed to be China’s version of Hyperledger Fabric when it was launched in 2018. The Financial Blockchain Shenzhen Consortium (FISCO) is backed by more than 100 Chinese organizations, including Huawei, Tencent, JD Finance, and WeBank, which is partly backed by Tencent. Developed by FISCO, the enterprise blockchain protocol was the first blockchain to be supported by China’s Blockchain Service Network.
Three Arrows Capital Becomes 2nd crypto issuer Facing Insolvency
The unfavorable market conditions continue to impact firms operating in the crypto industry. Three Arrows Capital is the latest firm identified to be facing a bankruptcy risk.
Grayscale CEO Optimistic that US Regulators Can't Stop Bitcoin
Barry Silbert, CEO of Grayscale Investments thinks that Bitcoin has too much support from policymakers in the United States to ever be shut down completely.
Chinese Police Arrests Masterminds, Seizes $8.46M in Crypto Connected to Online Pyramid Scheme
Chinese police officers, specifically those operating from the Pingchuan Branch of the Public Security Bureau of Baiyin City, Gansu Province have cracked a case involving a pyramid scheme that was built around the XRP digital currency.
Chainalysis Partners with Wyoming Watchdog to Fight Cybercrime and Crypto Laundering Scams
Chainalysis has announced partnered with Wyoming’s Division of Banking to fight cybercrime, crypto laundering, crypto scams, sanctions violations, and more.
Two US Nationals Charged With SIM-Swap Cryptocurrency Theft
Federal prosecutors have charged two US citizens with a SIM swap and phishing scam that led to a theft of over $16,000 worth of cryptocurrency.
Over $3 Trillion USD Subscribed, Largest IPO Ant Group Blowout is Ready
On Oct. 30, Ant Group and China's Shanghai Stock Exchange announced that the subscription amount for Ant Group's IPO now exceeds 19.05 trillion RMB ($3 trillion US dollars).
Ethereum Scarcity Increases as Net Daily Issuance Hits a 2-Month Low
The daily net issuance in the Ethereum network continues to drop, signifying a supply deficit.
Switzerland Scientists Discovered A New Way to Solve Bitcoin’s Scalability Problem
The discovery of technologies plays a significant role in empowering how people function. This time round, Switzerland scientists have discovered a new approach to tackle Bitcoin’s scalability problem.
Core Scientific Going Public in $4.3 Billion SPAC Merger
Core Scientific becomes the latest crypto-mining to go public via SPAC.
Burnt Ethereum Edges Closer to a Billion-Dollar Value
After the London Hardfork or EIP 1559 upgrade went live on August 5, the first-ever deflationary block on the Ethereum network occurred because scarcity was introduced every time Ether was burnt after being used in transactions.
Ripple May Dump Over 96 Million XRP Soon
Ripple's strategic handling of 240M XRP in December 2023 stabilized the market and may influence future cryptocurrency dynamics.
BitKub CTO Fined by Thai SEC For Insider Trading Offenses
Samret Wajanasathian, the Chief Technology Officer of BitKub, has been fined by the Thai Securities and Exchange Commission (SEC) in a rare insider trading case in the local crypto ecosystem.
Ferrari Terminates Crypto Sponsorship Before 2023 Formula One Season
Ferrari lost $55 million by ending its multi-year partnerships with Velas and Snapdragon before the 2023 season. The 2021 Ferrari-Velas alliance included NFTs and other attempts to engage fans. After canceling its cooperation with FTX, Mercedes lost $15 million.
US-Based Invesco Investment Firm Launches Physical Bitcoin ETP In Europe
Invesco has finally launched a physical Bitcoin exchange-traded product in Europe, just after a few weeks of withdrawing a filing for a Bitcoin future exchange-traded fund in the US.
BNB Chain Launches $160K Incentive Program for BSC Projects in Second Phase
BNB Chain unveils Phase 2 of its TVL Incentive Program, offering a prize pool of up to $160K for BSC projects to boost ecosystem growth.
Several Cryptocurrency Firms Suffer Domain Cyber-Attacks Due to GoDaddy Employee Error
Malicious actors gained control of domains owned by several cryptocurrency firms after tricking GoDaddy employees.
Will Bitcoin Replace Gold as A 'Traditional Safe-Haven Asset?' Experts Debate
Nigel Green, CEO, and founder of financial consultancy firm deVere Group, addressed Bitcoin’s bullish traction on the crypto market and boldly stated on his Twitter platform that the cryptocurrency was potentially going to “knock gold from its long-held position” of being a safe-haven asset.
German Deutsche Borse Exchange Seeks to Launch New Bitcoin Exchange-Traded Product for Trading
Bitcoin the world’s largest cryptocurrency is making another notable milestone in crypto history as it will be the first crypto asset listed as an exchange traded product (ETP). The company announced the exchange-traded product, popularly known as the Bitcoin exchange-traded crypto (BTCE) - is Bitcoin-backed security that would be listed and traded on Deutsche Borse’s Xetra market-based in Germany. ETP is a financial instrument whose value is based on the underlying security (such as currencies, bonds, and stocks) and is traded on stock exchanges.
French Football Star Mbappe Seeks out Crypto Scammers Trying to Score off The PSG Striker's Reputation
Kylian Mbappe PSG star launches lawsuit over Bitcoin scammers who are allegedly using his name and image to convince investors to buy-in.
Doge Army Wins Hot Doge Wieners Bidding for $15,001, Breaking Guinness Record
Food industry leader Oscar Mayer owned by the American food company Kraft Heinz officially tweeted that DogeArmy has pushed the price of its Hot Doge Wieners to $15,001.00.
Australian Business Icon Dick Smith Threatens The Guardian With Lawsuit Over Bitcoin Scam Ads
Australian entrepreneur Dick Smith is threatening The Guardian with legal action after it hosted ads linked to fake news of Smith supporting a Bitcoin and crypto scam.
US SEC Charges “Bitcoiin2Gen” Executives with Defrauding Investors In $11.4 Million Crypto Scheme
Bitcoiin2Gen executives have been charged by the US SEC for allegedly securing millions from investors based on a crypto ICO scam shilled by Steven Seagal.
Cardano Addresses Fake ADA Giveaway Claims on YouTube
Cardano CEO Charles Hoskinson has once again come forward to address the issue of cryptocurrency scams targeting his ADA empire and has been quick to refute any associations phishers made with the Cardano Foundation.
How Can Blockchain in IoT Market Grow 180 times by 2026?
Internet of Things (IoT) is now influencing our day-to-day lives. Today, blockchain has emerged as the probable solution for creating more secure IoT systems. With delegation in place, computation and storage needs can be spread across millions of IoT devices. Thus, the use of blockchain in IoT is benefiting the IoT devices to proficiently scale up. Also, assimilating the blockchain in IoT devices can cut the costs of managing and installing servers for an IoT network.
Singapore-based Online Press Initium Media Accepts Membership Subscription in Crypto
Online Chinese-language press Initium media announced the digital media platform had accepted cryptocurrencies to pay for membership subscriptions.
Hacking Attempts on Upbit Surge to 159,061 in First Half of 2023
Hacking attempts on South Korea's largest cryptocurrency exchange, Upbit, have surged to 159,061 in the first half of 2023, according to data submitted to the National Assembly. The figure represents a 2.17-fold increase compared to the same period last year. Lawmaker Park Sung-jung criticizes the ambiguous role of the Ministry of Science and Technology in regulating the exchange.
Midjourney V6 Alpha Unveils Major Enhancements: A Leap in AI-Driven Image Generation
Midjourney's V6 alpha update, a significant advancement in AI-driven image generation, offers enhanced prompt interpretation, smarter generation, remixing, improved upscaling, and additional image manipulation options. Despite mixed user reactions, the update's detailed, realistic outputs have garnered praise.
What is Grayscale Bitcoin Trust (GBTC)?
The Grayscale Bitcoin Trust is an investment vehicle that is designed to enable investors to trade Bitcoin shares without actually owning BTC.
EOS EVM Mainnet Launch Improves Interoperability Between EOS and Ethereum
The EOS Network Foundation has launched the EOS EVM mainnet, which emulates Ethereum's Virtual Machine and aims to improve interoperability between EOS and Ethereum. This allows for the deployment of decentralized applications (DApps) written in Solidity, offering access to lower fees and faster transactions of the EOS network. Other projects have also been prioritizing EVM compatibility, including Astar Network's smart contracts and Polygon's zkEVM.
Kraken Fights IRS Over Customer Information
Kraken is contesting the United States Internal Revenue Service's demand for critical exchange user information, citing it as an "unjustified treasure hunt." Kraken has requested federal court intervention, pointing out that the IRS has gone "far beyond" its intrusive summons. The fight against IRS is Kraken's response to the agency's February summons, which demanded additional user information to identify Kraken accounts that did at least $20,000 of cryptocurrency trading in any single year between 2016 and 2020.
Ex-CEO of Investment Firm Pleads Guilty to Cryptocurrency Fraud Scheme
Peter Kambolin, the ex-CEO of Systematic Alpha Management, pleaded guilty to a conspiracy to commit commodities fraud involving cryptocurrency futures contracts, as revealed by the DOJ on October 12, 2023. The case, marking a milestone as the first of its kind, unveils a "cherry-picking" scheme where Kambolin misallocated profitable trades to his accounts, misrepresenting trading focuses to investors. With legal proceedings underway, Kambolin faces up to five years in prison, showcasing the authorities' resolve against financial fraud in the crypto sector.
Core Scientific's future is under "substantial doubt"
Core Scientific lost $434.8 million in Q3 2022. After second-quarter net losses of $862 million, 2022 net losses are $1.71 billion. The company expects to run out of cash by 2022. It doubted its ability to raise money through financing or capital markets. In a tweet on Nov. 22, he noted that bitcoin mining had fallen below $10,000.
NVIDIA and NSF Launch Groundbreaking NAIRR AI Research Initiative
NVIDIA and the NSF partner to launch the NAIRR pilot, a major initiative to advance AI research in the U.S. by providing resources and promoting responsible AI innovation, strengthening America's global AI competitiveness.
Ethereum Layer 2s Surpass Prominent Layer 1s in Total Value Locked
The surge of Layer 2 solutions like Arbitrum, Optimism, and BASE, overtaking Layer 1 blockchains Solana and Avalanche in terms of Total Value Locked (TVL) as of September 25, 2023, highlights the pivotal role of Layer 2s in augmenting the scalability and transactional efficiency of the Ethereum network. The data underscores a growing preference for Layer 2 solutions, demonstrating their potential in enhancing the blockchain technology landscape.
Why Regulated Banks Have Greater Potential For Financial Crime Than Bitcoin and Crypto
While agencies focus their attention on transparent Bitcoin transactions, banks have had an official free pass disclaimer to facilitate money laundering the entire time.
Starknet v0.13.1 Launch: Embracing EIP-4844 for Lower Costs and Enhanced Stability
Starknet v0.13.1 upgrades Ethereum data storage costs, offers lower transaction fees, and improves stability and user experience, potentially boosting adoption and advancing Starknet's evolution.
US CFTC Charges New York Crypto Trader with Fraud Involving Digital Asset Ponzi Scheme
A New York native has been charged with fraud for allegedly scamming $5 million from more than 175 investors using a crypto Ponzi scheme.
Bitcoin of America indicted for operating unlicensed kiosks
Bitcoin of America, a Bitcoin technology firm, along with three of its executives, has been indicted for allegedly operating more than 50 unlicensed crypto kiosks in Ohio that knowingly benefited from victims of cryptocurrency scams. The firm is facing charges of money laundering, conspiracy, and other crimes connected to the operation of the kiosks, which authorities believe have been operating and evading regulatory safeguards and financial compliance requirements since 2018.
Hong Kong Suffers Surge in Crypto Scams in 2022
Hong Kong police reported a surge in crypto-related scams in 2022, with losses amounting to HK$1.7 billion ($216.6 million), up 106% from the previous year. The number of crypto-related scam cases reported in Hong Kong also surged by 67% from 2021. Such scams accounted for over 50% of the HK$3.2 billion ($407 million) stolen from city residents in technology crimes. The Hong Kong police CyberDefender website reported almost 23,000 cases of technology-related crimes in 2022. The use of cryptocurrency has made it more complicated for enforcement to track criminal funds, as fraudsters can hide their identities, transactions, and final destination.
1inch Joins Ethereum's zkSync Era for Faster DeFi Transactions
1inch, a decentralized finance (DeFi) protocol, has deployed its aggregation and limit order protocols on Ethereum's zkSync Era. The move is aimed at leveraging faster and cheaper transactions on the layer-2 scaling solution.
Billionaire Chris Kirubi Warns Followers of Bitcoin Scammers Impersonating the Kenyan Tycoon
Dr. Chris Kirubi continues fighting against Bitcoin scams using his name as an endorsement.
Shinhan Bank and SCB TechX Achieve Milestone with Successful Stablecoin Remittance Pilot on Hedera Network
Shinhan Bank, SCB TechX, and Taiwan's largest financial institution have successfully completed a stablecoin remittance proof-of-concept (PoC) pilot on the Hedera network, as announced on July 18th, 2023.
Cryptocurrency Phishing Attacks Rise by 40% Year-on-Year in 2022
Kaspersky, a Russian cybersecurity and anti-virus provider, has reported a 40% year-on-year increase in cryptocurrency phishing attacks in 2022. The attacks involve reaching out to investors through fake websites and communication channels that mimic official companies, prompting users to share personal information such as private keys. Attackers are evolving their strategies to lure unwary crypto investors. Recently, hardware cryptocurrency wallet provider Trezor warned against attempts to steal users' crypto through fake Trezor sites. In a survey, one out of seven respondents admitted to being affected by cryptocurrency phishing.
60-Year-Old Man Cons Over 50 People with Indian Crypto Scam
Police have revealed another crypto scam in India has left more than 50 people counting losses.
AML BitCoin Lobbyist Abramoff to Pay $55K in Convicted Guilt Plea for ICO Fraud
In the civil case filed against Jack Abramoff for his role in the 2018 Initial Coin Offering (ICO) scandal, the AML BitCoin lobbyist is expected to pay $55, 000 in disgorgement and interest for his conspiracy in fraud.
Ethereum Founder Vitalik Buterin Says Layer 2 Scaling Solution Has ‘Basically’ Succeeded
Ethereum has been seeing an upward trend, and demand may increase further in anticipation of the upcoming ETH 2.0 update expected in Q3 2020. Ethereum is scheduled to undergo a major change of its consensus mechanism, transitioning from proof-of-work (PoW) to proof-of-stake (PoS). Ethereum has been expecting its scaling to occur for some time, and according to Ethereum’s creator, Vitalik Buterin, it could already be happening. Vitalik Buterin recently tweeted that the Ethereum blockchain network’s “layer 2 strategy has basically succeeded.”
Meat Food Production Giant Oscar Mayer Auctions Disposable Packaging "Hot DOGE" Wiener
An American meat and cold cut production company Oscar Mayer, owned by the American food giant Kraft Heinz, used the eBay e-commerce platform to auction a single package of "Hot Doge Wieners" worth 10,000 Dogecoins.
Grayscale Investment Company Receives FINRA Approval to Trade Bitcoin Cash and Litecoin Publicly
US regulators have approved shares of Grayscale Investment’s Litecoin and Bitcoin Cash Trusts for public trading.
Vitalik Buterin Analyzes Ethereum's Layer 2 Solutions
On October 31, 2023, Vitalik Buterin discussed Ethereum Layer 2 ecosystem, highlighting trade-offs between Rollups, Validiums, and Disconnected Systems, securing and scalability, pre-confirmations, trustless Ethereum interactions, and potential chain transformation into Validium.
Do I need to Buy One Whole Bitcoin? 3 BTC Questions I’m Tired of Answering
Why is Bitcoin worth anything? Am I too late to buy Bitcoin? It’s too expensive, do I need to buy a whole Bitcoin? 3 questions that hound crypto journalists at parties.
PayPal to Launch Crypto Wallet in Q3 This Year, CEO Reveals
Payment provider PayPal Holdings Inc. published its second-quarter financial report Wednesday. CEO of PayPal Dan Schulman said the company would launch a crypto wallet in the third quarter this year.
SkyBridge Capital's Crypto Pivot Looks to Triple its Assets
Hedge fund SkyBridge founder Anthony Scaramucci said he plans to shift the pace of SkyBridge Capital's investment to virtual digital assets.
Twitter Says Bitcoin Hack Originated From Phone Phishing Attack
On Thursday, Twitter provided an update addressing the massive Bitcoin hack that overtook its platform earlier this month.
Following OSC Prohibition, Crypto.com Delists USDT For Canadians
Effective January 31, Crypto.com will delist Tether (USDT) for Canadian customers. The exchange has warned users that their Tether would be automatically changed into USD Coin if they don't withdraw or convert before the deadline (USDC). Crypto.com reported in August that the Ontario Securities Commission has approved its Canadian pre-registration commitment.
Core Scientific Offloads 7,202 BTC Worth $167m in June
American Nasdaq-listed cryptocurrency mining firm Core Scientific sold as much as 7,202 Bitcoin units in June, worth approximately $167 million at an average price of $23,000.
Google Metadata Implicates SBF in Fraudulent Activities During Trial
The trial on Nov 1, 2023, revealed Google metadata evidence against SBF, revealing his creation of a spreadsheet listing fraudulent financial activities. This evidence, along with testimonies and online meetings, contradicted SBF's claims of ignorance.
RyanAir CEO Declares Bitcoin a Ponzi Scheme, Urges Public Boycott
RyanAir CEO Michael O’Leary has declared Bitcoin (BTC) a Ponzi scheme and has urged the boycott of the premier digital currency.
New Darknet Markets Launch Despite Exit Scams as Demand Rises for Illicit Goods
Despite the recent amount of exit scams on dark web platforms, the darknet sector has seen increasing growth, with new marketplaces launching every year.
Grayscale Hires Former Alerian CEO Davi LaValle As Global Head of ETFs
Grayscale Investments has announced the hire of Davi LaValle as the head of its ETF business.
Twitter CEO Jack Dorsey Apologizes for Bitcoin Hack, But Not Before Dutch Politician Was Compromised
Twitter CEO Jack Dorsey came forward on Thursday to apologize thoroughly for his social network company’s failure to prohibit and shut down Bitcoin scam artists' digital heist of important verified accounts, that ranged from that of tech moguls Elon Musk and Bill Gates to political figure Joe Biden.
Bitcoin Miner Core Scientific Secures $100m Financing amid Bear Market
Core Scientific plans to use the financing to boost its liquidity. Many mining companies face an uphill struggle in the crypto bear market.
PlusToken Crypto Scam Masterminds to Serve 11 Years in Prison
The ringleaders of the PlusToken Ponzi Scheme have been charged with 11 years of prison after they stole cryptocurrencies worth 14.8 billion yuan.
Australian Federal Agency Ex-Employee Evades Prison Despite Illegally Mining Ether and Monero on Supercomputers
A former employee of an Australian federal agency avoided prison despite mining cryptocurrency on government supercomputers.
NFA issues new rule for digital asset commodities
The National Futures Association has issued a new compliance rule to address fraud and misconduct by its over 100 members involved in digital asset commodities. The new rule will take effect on May 31 and applies only to Bitcoin and Ether.
Bitfinex and Polygon zkEVM Facilitate Tether Gold Transactions
Bitfinex has integrated Tether Gold transactions via the Polygon zkEVM transport layer, marking a significant step towards cost-effective and secure digital asset transactions from October 11, 2023.
Grayscale Floats New Smart Contract Fund for 6 Ethereum Competitors
The acclaimed largest digital assets management company, Grayscale Investments has launched a new investment product tagged the Grayscale® Smart Contract Platform Ex-Ethereum Fund (GSCPxE).
Polygon and Google Cloud Partner for Ethereum Scaling Tools
Polygon Labs and Google Cloud have partnered to enhance the development of Ethereum scaling protocol's infrastructure and tools. Google Cloud's framework and developer tools will benefit Polygon's core protocols and simplify developer integration to build, launch and grow Web3 products and decentralized applications (DApps) on Polygon. The partnership is expected to advance Polygon's zero-knowledge development, resulting in faster and cheaper transactions. Polygon will use Google Cloud's Blockchain Node Engine to remove the need for Polygon developers to configure and run Polygon PoS nodes.
Beijing Releases Web 3.0 Innovation and Development White Paper (2023) at Zhongguancun Forum
On May 27, 2023, the Beijing Municipal Science and Technology Commission and the Zhongguancun Science and Technology Park Management Committee unveiled the "Beijing Web 3.0 Innovation and Development White Paper (2023)" at the parallel forum of the Zhongguancun Forum titled "Web 3.0: Future Development of the Internet Industry."
SEC Sues 11 Individuals involving Forsage Crypto Ponzi Scheme
The United States Securities and Exchange Commission (SEC) has filed charges against 11 defendants of the popular Forsage crypto pyramid and Ponzi scheme.
UK’s Financial Watchdog Warns of Fraudsters Impersonating Blockchain.com
The FCA has raised the alarm about fraudsters who want to lure the public using a cloned version of Blockchain.com, a crypto wallet and trading company.
SEC Delays Decision on Invesco-Galaxy Digital's Ether ETF
The SEC has extended the review period for Invesco and Galaxy Digital's Ether ETF, potentially extending it for up to 240 days, allowing for public commentary.
Dee Templeton Joins OpenAI's Board Amidst Corporate Governance Overhaul
Microsoft's Dee Templeton joins OpenAI's board as a nonvoting observer amidst significant corporate governance changes following CEO Sam Altman's brief ouster and reinstatement.
Ugandan Government Forms an Expert Task Force to Delve into Crypto Usage
The Ugandan government has formed a team of experts to research and offer guidance on digital financial operations, such as cryptocurrencies in the wake of recent crypto scams.
Crypto Lender Celsius to Proceed with Chapter 11 Restructuring Plan
Celsius Network, the bankrupt crypto lender, has announced it will proceed with its Chapter 11 restructuring plan, with a disclosure statement containing information for claim holders to be filed on April 12. The proposed restructuring plan is sponsored by NovaWulf.
Coinbase Layer 2 Network
Coinbase's new layer-2 network, Base, has Ethereum supporters. One lawyer thinks the launch "opens the way" for the SEC to expedite its "secondary market agenda."
Ethereum's Blobs: A Milestone in Scaling and Future Development, According to Vitalik Buterin
Ethereum co-founder Vitalik Buterin discusses Dencun hard fork activation and blobs' impact on ecosystem, discussing Ethereum's long-term scaling roadmap and future direction.
Breaking: Binance Pool Introduces Ordinals Inscription Service on Bitcoin network
Binance Pool introduces Ordinals Inscription Service, enabling users to embed data onto satoshis within Bitcoin network, enhancing digital ownership and asset management beyond digital currency.
Barry Silbert Resigns from Grayscale Investments Board Amidst Industry Challenges
Grayscale Investments has announced the resignation of Barry Silbert from its board of directors, following a challenging period in the crypto industry. The company has been advocating for the conversion of the world's largest Bitcoin trust into an ETF. The departures come amid legal battles involving Digital Currency Group.
BNY Mellon Bank Tapped to Provide Grayscales with Bitcoin ETF Services
Grayscale Investments has selected BNY Mellon bank as an asset servicing provider for its Grayscale Bitcoin Trust(GBTC) , handling accounting and administrative services, effective October 1.
DeFi Trading Platform PancakeSwap Tokens Rose Nearly 12% in the Worth $72M Burning Event
Decentralized trading platform PancakeSwap’s native token Cake burned 5,300,000 cake tokens at a total price of $72 million on Monday. Cake's transaction price subsequently increased by 11.63% which s the largest daily increase since June 23.
New York Supreme Court Declares NYAG has Jurisdiction over Bitfinex
The New York State Supreme Court ruled that the New York Attorney General (NYAG) has jurisdiction over the case with cryptocurrency exchange Bitfinex, regarding fraud allegations.
Goldman Sachs to Launch Data Service to Classify Digital Assets
Goldman Sachs has floated a new crypto categorization tool dubbed Datanomy
KuCoin User Linked to Memecoin Scams
Crypto exchange KuCoin confirms a user's address is responsible for launching thousands of memecoin scams but will not freeze assets without official notice from law enforcement. The wallet address has been marked as a fake phishing wallet by blockchain explorer Etherscan.
Core Scientific and Celsius Mining Settle Litigation with Texas Data Center Purchase Agreement
Core Scientific has agreed to sell its Cedarvale Bitcoin mining site in Texas to Celsius Mining LLC for $14 million. The deal will settle ongoing litigation and allow Celsius to expand its Texas data centers. The Cedarvale site, valued at $45 million, will be overseen by US Bitcoin Corp. The transaction is not impacting Core Scientific's mining fleet.
China-Based Crypto Ponzi Scheme Generates $1 Billion Before Being Flagged
A cryptocurrency Ponzi scheme was reported by Chinese law officials, but not before fraudsters reaped more than $1 billion profit from it.
Tyler Winklevoss Continues to Tout Bitcoin as Break past $40,000 Price Level Anticipated
Whether Bitcoin is experiencing a rainy day or not, Gemini co-founder Tyler Winklevoss will always be backing the mainstream cryptocurrency.
Estee Lauder Uses Blockchain Technology to Further Beauty Solutions
Estée Lauder Companies (ELC) has established a blockchain platform to meet sourcing standards for its Madagascan vanilla.
Florida Warns Residents About the Rise of Auto Warranty Scammers Asking Crypto Payments
Consumers lose billions worth of US dollars to fraudulent calls every year, and auto-warranty calls are the biggest source of grief. Florida government warns consumers about scam "auto warranty" robocalls.
Chainlink Introduces SCALE Program to Drive Ecosystem Growth
Chainlink has introduced the Chainlink SCALE program to accelerate access to oracle products and services for both Layer-1 and Layer-2 protocols.
Genesis Global Capital Moves to Liquidate $1.6 Billion in Grayscale Trusts Amid Bankruptcy
Genesis Global Capital has petitioned the U.S. Bankruptcy Court to sell off its Grayscale Bitcoin, Ethereum, and Ethereum Classic Trust holdings, totaling approximately $1.6 billion. This strategic liquidation aims to maximize creditor repayments amidst potential market volatility, following a recent SEC settlement.
Kraken Shuts Down San Francisco-based HQ, Blaming for Local Safety
Kraken, the first cryptocurrency exchange to become a bank in the U.S., has shut down its headquarters in San Francisco on grounds, that blaming local safety is hard to run a business.
Alameda Research Withdraws Grayscale Lawsuit Amid GBTC Shift
Alameda Research has withdrawn its lawsuit against Grayscale Investments following the latter's Bitcoin Trust conversion to an ETF, leading to significant GBTC outflows and reshaping the cryptocurrency investment landscape.
Binance Exchange Fined €3.3M by Netherlands' DNB
The Central Bank of the Netherlands De Nederlandsche Bank (DNB) has fined Binance Exchange €3.3 million for allegedly operating a crypto trading service without receiving the appropriate authorization.
Scammers Involved in Uniswap Founder's Twitter Account Hack Stole $3.6M from Victims
In a recent cybersecurity incident, the Twitter account of Uniswap founder Hayden Adams (@haydenzadams) was hacked by scammers who have reportedly been active since April 2023.
EDX Markets Debuts Cryptocurrency Trading Platform and Wraps Up Latest Investment Round
In a key milestone, EDX Markets has successfully kick-started its cryptocurrency trading operations and completed a fresh funding round
Grayscale Offshoot GDLC Becomes an SEC Reporting Outfit
An offshoot of Grayscale, the Grayscale Digital Large Cap Fund is now an SEC reporting outfit, per the firm's latest announcement.
Singapore’s Central Bank Raises Alarm About a Bitcoin Scam
Singapore’s Central Bank enlightens the public about a Bitcoin Scam with a supposed initiative known as Bitcoin Loophole where investors’ trades are run.
Grayscale Pairs with Coindesk Index to Launch DeFi Fund and Index
Grayscale Investments has made a move to launch a new DeFi fund and index with Coindesk Index. Grayscale said that the new DeFi fund would give investors the ability to invest in the DeFi protocol.
Introducing Scroll Sessions: Native zkEVM Layer 2 for Ethereum
Scroll has unveiled Scroll Sessions, a groundbreaking native zkEVM Layer 2 solution for Ethereum that aims to enhance scalability and reduce transaction costs. This article provides an overview of Scroll Sessions and its potential impact on the Ethereum ecosystem.
Polygon Solutions to Ethereum Scaling Challenges: An Overview
Ethereum's scaling problem is a long-standing issue, with its steady evolution ensuring safety and decentralization. Polygon 2.0 aims to address this by enhancing Ethereum's scalability. Polygon 2.0 consists of Polygon PoS, Polygon zkEVM, and Polygon CDK, designed to be interoperable for swift cross-chain transactions. These chains, which mirror the Ethereum Virtual Machine (EVM), enable developers to develop applications challenging to achieve on account-based systems like Ethereum. Polygon Labs plans to transform Polygon PoS into a zkEVM validium, mirroring Ethereum Virtual Machine (EVM) capabilities.
Metaverse will be a Trillion-dollar Market in Future: Grayscale
Cryptocurrency investment giant Grayscale released a report on Thursday stating that by 2025, the revenue of the virtual gaming world may grow to $400 billion.
SEC Scholars Program Opens Applications for Fall 2023 Internship
The SEC is accepting applications for its Scholars Program for Fall 2023. The program offers internships for undergraduate and graduate students in business and legal programs. The traineeships are paid and range from $15.09 to $35.27 per hour. The SEC encourages students with an interest in blockchain, computer science, and cybersecurity to apply.
Google Sues Unknown Entities for Malware Scheme Disguised as AI Chatbot Bard
Google is suing individuals for a malware distribution scam involving false AI chatbot ads, aiming to protect users and intellectual property amid growing digital security challenges.
SEC Chair Gensler Open to Lawful Revival of FTX
SEC Chair Gary Gensler emphasizes regulatory standards as FTX considers legal and compliant return, following founder Sam Bankman-Fried's conviction, marking a pivotal moment in crypto regulation.
Bitcoin Price Plummets After Bitmex Starts BTC Double Spend Rumor, Grayscale Buys the Dip
BitMex Research incorrectly identified a double spend of around $21 in Bitcoin. The BTC price fell to a low of $28,953.37 and Grayscale Investment bought up $1.2 billion worth.
Nvidia's Soaring Data Center Revenue Signals Strong AI and GPU Market Position
Nvidia's Q3 fiscal 2024 results show a 279% increase in data center revenue and a 206% overall revenue increase to $18.12 billion, highlighting its success in AI and GPU markets. Analysts predict further growth in 2024.
Ethereum Crypto Crashes to $340 After SushiSwap’s Alleged Exit Scam
The price of Ethereum (ETH) crashed recently, dropping to a low of $315 over the weekend, after hitting an all-time high of $487 last Wednesday.
XRP Price Stable As Grayscale Plans to Dissolve XRP Trust Closing Investment Avenue for Institutions, But Why?
Despite the news that Grayscale’s XRP Trust is going to be dissolved and XRP may lose a significant amount of institutional investors, the XRP price has stabilized—But why?
Mysten Labs of Sui Blockchain Hacked on Discord
Mysten Labs has confirmed that the contents stored in its Discord server has been hacked.
Grayscale Investments Parent Company DCG Invests $100 Million Into Bitcoin Mining
Grayscale parent company DCG has announced its entry into Bitcoin mining.
Warren Buffett Changes Attitude on Gold, Not Bitcoin Reminds Peter Schiff
Warren Buffett now started to buy bitcoin, reminding us of the days when he said he would never invest in Bitcoin.
Arbitrum Airdrop Boosts zkSync Growth
Arbitrum's recent airdrop of its governance token has generated significant hype, which has helped another layer-2 scaling solution, zkSync, see significant growth in the last week. Despite not having a native token or announcing any airdrop, zkSync has seen a surge in the number of addresses bridging to its platform, with over 39,000 addresses bridging over $871 million in the last seven days.
Crypto Market Cap Soars Above $2 Trillion
Bitcoin's dominance in the crypto market is reducing, giving room for altcoins to chart their own growth path.
GPT-4 AI Chatbot Scores High on Tests
The latest version of AI chatbot GPT-4 has achieved high scores on high school and law school tests, including the LSAT and Uniform Bar Exam. GPT-4 also scored well on SAT and AP exams in various subjects.
Ripple Releases 1 Billion XRP from Escrow
Ripple has once again released 1 billion XRP from its escrow account.
Grayscale Partners with NYSE Arca to File for Spot Ethereum ETF Conversion
Grayscale Investments has collaborated with NYSE Arca to file Form 19b-4 with the U.S. Securities and Exchange Commission (SEC), aiming to convert the Grayscale Ethereum Trust into a spot Ethereum ETF. This move is a significant part of Grayscale's ongoing strategy to transition its entire range of 17 crypto investment products into ETFs. The filing follows the SEC's recent approval of the first Ethereum futures ETFs.
SEC Delays Decision on Invesco and Galaxy Digital's Ether ETF
The SEC extends the review period for the Invesco and Galaxy Digital's Ether ETF until February 6, 2024, signaling continued caution in cryptocurrency product approvals.
Vietnamese Scientists Revolutionize AI in Mathematics with AlphaGeometry
Vietnamese scientists are advancing in AlphaGeometry, AI Mathematics, and solving geometry problems using synthetic data, neural language models, symbolic engines, Google DeepMind, and educational AI.
Chainlink Labs Taps Former Google CEO as Strategic Advisor
Chainlink Labs, the blockchain oracle service provider has tapped the services of Eric Schmidt, a former Chief Executive Officer of tech giant Google as its new strategic advisor.
Grayscale CEO Calls on SEC to Protect Investors
Grayscale Investments’ CEO Michael Sonnenshein has called on the United States Securities and Exchange Commission (SEC) to protect Grayscale investors by returning the true asset value to them. Sonnenshein stated in a recent interview that the SEC acted arbitrarily by denying approval for the Grayscale Bitcoin Trust (GBTC) to be a spot Bitcoin exchange-traded fund (ETF) in June 2022, while approving Bitcoin Futures ETFs. He explained that the SEC violated the administrative procedures act, and that Grayscale is suing the SEC over the denial of its initial application. Grayscale has over a million investor accounts, and Sonnenshein called on the SEC to protect investors and return the value to them.
Ripple and YouTube Agree on Settling for Lawsuit over XRP Scam Videos
Ripple CEO Brad Garlinghouse has revealed that the lawsuit Ripple has served Youtube with has been settled.
FBI Warns Crypto Ecosystem Investors of DeFi Scams
The United States Federal Bureau of Investigation has issued a public warning to investors, especially those fond of the crypto ecosystem to be aware of scams specifically targeting the Decentralized Finance ecosystem
Deutsche Bank Sees Bitcoin Touch $28,000 By 2022 End, But Warns of Risks Ahead
Deutsche Bank (DB) issued its report on Wednesday that said the free fall in the crypto market could continue due to the complexity of its system.
GBTC Litigation: Fir Tree and Grayscale Reach Agreement
Fir Tree Partners, a significant shareholder of the Grayscale Bitcoin Trust (GBTC), and Grayscale Investments have reached an agreement resolving a lawsuit filed by Fir Tree in December 2022. The litigation sought documents and information from Grayscale about potential mismanagement and conflicts of interest at GBTC.
Grayscale Adds Five New Crypto Investment Trusts including One for Chainlink and Filecoin
Grayscale Investments has expanded its product line by launching new investment trusts including Chainlink, Filecoin, and Basic Attention Token.
Celsius Network Announces Disclosure Statement for Chapter 11 Plan
Celsius Network, a bankrupt crypto lender, has announced it will move forward with its Chapter 11 restructuring plan by filing a disclosure statement on April 12. The statement is aimed at providing "adequate information" for claim holders to vote on the proposed restructuring plan sponsored by NovaWulf. The plan proposes creating a public platform fully owned by Earn creditors called NewCo, with no involvement from Celsius founder.
Scammers adapt to survive during crypto winter
While crypto scam revenue dropped by 46%, scammers adapted and shifted their strategies to prey on people's emotions, with romance and giveaway scams on the rise.
Friend.Tech Boosts Security with CoolWallet on Base Chain
Friend.tech, a decentralized social network on Base's Ethereum layer-2 chain, has seen rapid growth but also faces security risks from phishing attacks. To address this, CoolWallet has launched a Web3 Guardian competition to promote its Web3 SmartScan feature, which screens transactions for malicious behavior.
JPMorgan Develops AI Tool for Federal Reserve Analysis
JPMorgan has created an AI tool using a ChatGPT-based language model to analyze Federal Reserve statements and speeches to detect trading signals. The tool assigns a Hawk-Dove Score to Fed policy signals and can predict changes in central bank tightening. The bank has reportedly found the preliminary applications of the tool to be encouraging.
Fiji Officials Warns Residents of Cryptocurrency Scams
The Fiji Financial Intelligence Unit (FIU) has issued a warning to the members of the public with respect to a scam that is being publicized in the country.
ASIC Bans BitConnect National Executive for His Part in Multi-Billion Dollar Crypto Ponzi Scheme
Australian Securities and Investments Commission (ASIC) has officially banned a former National Representative of BitConnect from providing financial services for seven years.
Grayscale Investments Files Claim over Ethereum Proof of Work Token after the Merge
Grayscale Investments, a leading investment partner for digital currencies is set to distribute Ethereum Proof of Work (ETHPoW)
Facebook Sues Bangkok 'LeadCloak' Software Developer Over Alleged Crypto Scams and Bogus COVID-19 Data
Facebook has sued a Bangkok software engineer whose firm offered software designed to bypass ad review systems and push deceptive ads to run on the media platform.
Scammers Target NFT Users in BLUR Token Airdrop Scam
Scammers are targeting NFT users with fake BLUR token airdrop links on malicious websites, resulting in the loss of over $300,000 in ETH. Legitimate BLUR platform has been rewarding users with tokens through its three-phase airdrop incentive scheme.
FreeInit: A Groundbreaking Approach to Enhance Video Generation by Nanyang Technological University
FreeInit, developed by Nanyang Technological University, enhances video diffusion models by iteratively refining noise initialization, significantly improving temporal consistency in video generation.
Infinity Ventures Crypto's $70M Fund to Focus on Global Startups
Infinity Ventures Crypto has completed its first round of funding with $70 million for investing in startups in Asia and the Americas.
Deutsche Bank's Warning of a Possible Future Crisis Worse Than the Current Pandemic Could Mean the End of Bitcoin
Deutsche Bank has warned that there is a high chance of a crisis far worse than the current coronavirus pandemic and could have a chance of taking out Bitcoin completely.
South Korea's Stance on Virtual Currency Investment and ETFs in 2024
South Korea reaffirms its prohibition of local financial institutions from owning, buying, or investing in cryptocurrencies and businesses offering crypto, including a strict ban on cryptocurrency exchange-traded funds (ETFs).
Schwab to List Its First Crypto-Related ETF on NYSE
Schwab is launching its first crypto-related ETF to provide its customers with an opportunity to gain crypto exposure by investing in firms that derive revenues indirectly or directly from cryptocurrencies.
Grayscale Survey: 55% of US Investors Like Bitcoin in 2020
Grayscale Investments has released a report dubbed Bitcoin Investor Study 2020 showing that 55% of US investors are keeping a watchful eye on purchasing Bitcoin in 2020.
Australia's Government is Bolstering Its Market Regulator's Digital Asset
The new Australian government has devised a "multi-stage strategy" to combat cryptocurrency frauds, safeguard consumers, and increase enforcement.
ETH Price Set to Rally as Institutional Capital Flows into Ethereum
Ether price rallied after GME Ethereum futures contracts launched, posting a new all-time high of $1,780. As institutional money flows in, will Ether's price continue to rally?
Grayscale Files Form 10 with SEC for its 3 Trusts
Grayscale has filed a Form 10 on behalf of Horizen Trust, Stellar Lumens Trust, and Zcash Trust to become the company’s products designated as investment vehicles reporting to the SEC.
Fraudulent Ledger Live App in Microsoft Store Linked to $768K Cryptocurrency Theft
A fake Ledger Live app on Microsoft's App Store stole nearly $768K from the crypto community, involving Bitcoin and Ethereum transactions, raising concerns over app verification processes.
Rothschild Investment Corp Acquires Over 250M Shares in Grayscale ETH Trust
The Rothschild Investment Corp has revealed that it has taken up a new crypto position by purchasing 265,302 shares of Grayscale Ethereum Trust.
Bitcoin Association Bestows First-Ever Satoshi Nakamoto Scholarship to PhD Student
Bitcoin Association, a leading global organization for Bitcoin business, has revealed its first-ever Satoshi Nakamoto Scholarship to a 2nd year Cambridge University Phd student undertaking human genomics. Robin Kohze is the beneficiary of the scholarship after he successfully took part in a series of blockchain competitions, whereby he emerged second at Bitcoin Association’s 2nd Bitcoin SV Hackathon.
UAE Strengthens Crypto Regulations with New Framework
The UAE has announced a new regulatory framework for virtual assets, enhancing compliance and encouraging innovation within the crypto industry.
PreScouter Research: Blockchain Adoption in Life Sciences Wanting
According to a report by PreScouter, a research company that assists business leaders make better corporate and product development decisions, the mindset of leadership in the life sciences sector is hindering blockchain adoption.
Co-Founder of AirBit Club Sentenced to 12 Years for Cryptocurrency Ponzi Scheme
Pablo Renato Rodriguez, co-founder of AirBit Club, has been sentenced to 12 years in prison for orchestrating a global cryptocurrency pyramid scheme. Co-defendants await sentencing, and the group has been ordered to forfeit approximately $100 million in assets.
OpenSea: A Glimpse into January 2024's NFT Landscape
OpenSea's January 2024 digest reveals exciting NFT trends, including Dmitri Cherniak's 'Ringers' sculpture, Disney's 'Steamboat Willie' entering the NFT space, and The Fabricant's AI-driven digital fashion collection. These developments showcase the growing intersection of art, technology, and digital ownership in the NFT marketplace.
Musk Requests Dismissal of $258 Billion Dogecoin Pyramid Scheme Lawsuit
Elon Musk and his legal team have requested the dismissal of a $258 billion lawsuit accusing him of operating a pyramid scheme to promote the cryptocurrency Dogecoin. Musk's lawyers dismissed the lawsuit as a "fanciful work of fiction" in a federal court hearing on March 31.
Scammers Put Gate.io users at Risk as Exchange's Twitter Account Gets Hacked
Gate.io hacked Twitter account appears to be promoting a fake giveaway of 500,000 USDT, putting users at risk of losing funds.
Binance Pay Launches March Promotions with ACH Rewards and Discounts
Binance Pay announces March promotions offering up to 5,070 ACH tokens in rewards and up to 50% discounts for users spending on their platform.
Cambridge Report: 77% of Enterprise Blockchains Are Not 'Truly Transformational'
Following on from its initial 2017 Global Blockchain Benchmarking Study, the new study underlines the significant changes in the industry landscape since the initial version. According to the findings, the new report states, “Two years ago, the industry landscape was mostly dominated by half-hearted experiments and short-lived proofs-of-concept – often announced with great fanfare and publicity – the hype has gradually given way to genuine development of sustainable blockchain networks that are increasingly being deployed in production environments.”
NEAR and Polygon Partner to Launch zkWASM
NEAR Foundation and Polygon Labs are collaborating on zkWASM, a zero-knowledge prover for WASM blockchains, to enhance interoperability with Ethereum and improve scalability and decentralization.
Symbiosis Integrates zkSync to Enhance Token Swaps
Cross-chain DEX Symbiosis has integrated zkSync, a layer-2 scaling protocol, to improve the speed and reduce fees of token swaps on its platform. The integration allows any-to-any native asset swaps and removes the need for users to switch between different wallets and interfaces.
Dual Miners Launches Dual Miners with SHA-256 and Scrypt
Chip design and the manufacturing company Dual Miners announced the launch of SHA-256 and Scrypt, as the first dual-mining machine hardware equipment worldwide, which is expected to be more energy efficient than other algorithms.
Why Grayscale's SEC Victory Is Unlikely to Benefit Bitcoin and Crypto Markets in the Long Run
The US Court of Appeals ruled in favor of Grayscale Investments, ordering the SEC to review its Bitcoin ETF application. This decision has boosted Bitcoin prices but may not provide long-term benefits due to inconsistent market reactions and declining trading volumes.
Deepfake Dangers: Michael Saylor Alerts Followers to Emerging Bitcoin Scams
MicroStrategy Chairman Michael Saylor warns of deepfake scams on YouTube, using AI to mimic him promoting Bitcoin giveaways. He stresses the need for vigilance and verification to protect against these sophisticated frauds.
Dutch Central Bank Forces Crypto Firms to Register Within Two Weeks or Face Cease and Desist
The Dutch Central Bank, De Nederlandsche Bank (DNB) has announced that crypto companies must register with the authority by May 18, or to stop operating immediately. DNB has looking to enforce the Dutch anti-money laundering (AML) laws, which was passed by the Dutch Parliament in April to comply with the Fourth Anti-Money Laundering Directive (AMLD4) laws. The Dutch AML laws are in compliance with the Financial Action Task Force-recommended AML directives and standards.
Optimism (OP) Earns High Praise from Vitalik Buterin for $100M Public Goods Initiative
Ethereum Co-Founder Vitalik Buterin praised Optimism for distributing over $100 million in RetroPGF Round 3, emphasizing its role in funding public goods and supporting the Ethereum ecosystem.
Google Ads Used in $4M Crypto Phishing Scam
Scammers have stolen over $4 million in cryptocurrency from users falling for phishing websites promoted on Google Ads, according to blockchain analytics by ScamSniffer. The fraudulent websites prompt wallet login signature requests that compromise users’ addresses, and have targeted decentralized finance protocols, websites and brands. Metadata from some of the phishing websites has been linked to advertisers in Ukraine and Canada, who bypass Google’s ad review process by manipulating the Google Click ID parameter and using anti-debugging methods. ScamSniffer estimates that scammers spent around $15,000 on advertising which provided a return on their investments of 276%, given the $4 million stolen to date.
Schiff Warns Against Bitcoin ETF Hype as Hoskinson Reacts
Bitcoin critic Peter Schiff warns against Bitcoin ETFs due to limited utility and investment risks, causing Cardano's Charles Hoskinson to respond with humor, highlighting Schiff's early skepticism in 2024.
Fake Arbitrum Airdrop Scam Circulated on Discord
Hackers dropped a phishing link into Arbitrum's Discord server, offering the opportunity to re-claim additional stake in Arbitrum DAO Governance. The link prompted unsuspecting victims to enter personal information, leading to a potential scam. Investors are advised against interacting with the announcement until further clarification from Arbitrum.
Crypto Founder of Ethereum-Based Oyster Protocol Arrested for Tax Evasion in Exit Scam
The founder of Ethereum-based smart contract platform Oyster Protocol has been arrested following an exit scam in which he reaped a multi-million dollar profit.
Elizabeth Warren Wants SEC to Double Down on Crypto Enforcement
Warren wants the SEC to "double down" on crypto enforcement. The U.S. senator said that the previous SEC administration "basically gave the green light" to a cryptocurrency market "full with trash tokens".
Darknet Marketplace Empire Alleged to Have Exit Scammed with $30 Million Worth of Bitcoin
Darknet digital marketplace Empire Market appears to have exit scammed and made off with a hefty profit of 2,638 Bitcoin (BTC).
US Government Grants $162 Million to Microchip Technology for Semiconductor Production Boost
US grants $162M to Microchip Technology, bolstering domestic semiconductor production under the CHIPS & Science Act.
MicroStrategy Q3 2023: 158,400 Bitcoin Holdings at $29,586 per BTC
MicroStrategy Incorporated reveals Q3 2023 financial results, highlighting continuous acquisition of bitcoin and AI software launch. The company's bitcoin holdings now stand at 158,400 with a total cost of $4.69 billion. Software Licenses and Subscription Services Revenues observed notable growth, indicating a positive trajectory in its business intelligence domain.
Coinbase's Base Bootcamp Launches to Address Onchain Developer Shortage
Base, an Ethereum layer-2 network, has announced the launch of Base Bootcamp, an eight-week, cohort-based program aimed at transforming experienced software developers into smart contract developers. The initiative comes as the blockchain industry faces a significant talent gap, with fewer than 30,000 onchain developers compared to nearly 30 million traditional software developers.
BitConnect Founder Charged with Orchestrating Global Crypto Ponzi Scheme Worth $2.4B
A U.S. grand jury indicted Satish Kumbhani, the founder of BitConnect, orchestrating a fraud scheme that siphoned approximately $2.4 billion from investors.
Uniswap to Launch on Polygon's zkEVM
Decentralized exchange Uniswap is set to launch on the Ethereum scaling solution provider Polygon's zero-knowledge Ethereum Virtual Machine (zkEVM) roll-up. The proposal has already passed the 40 million vote threshold required for approval, with 100% of addresses voting in favor.
Crypto Hacks and Scams on the Rise
Over $103 million was lost to crypto exploits, scams, and hacks in April, with the total loss for the year reaching $429.7 million. Major hacks included Bitrue exchange and South Korean GDAC exchange, and flash loan attacks took around $20 million. Exit scams saw a loss of $9.4 million.
United States DoJ Files to Freeze Assets of OneCoin Money Launderer and Recoup $400 Million
The United States Department of Justice has filed to freeze the assets of OneCoin Money Launderer Mark Scott, and Recoup $400 Million.
UK's ICO to Investigate OpenAI CEO's Worldcoin Project
The Information Commissioner's Office (ICO) announced on July 25, 2023, that it plans to initiate an investigation into Worldcoin, a project overseen by OpenAI CEO Sam Altman. The investigation is set to commence shortly after the announcement. ICO is the data regulator in the United Kingdom.
Binance Launches Joint Anti-Scam Campaign
Binance has launched a "Joint Anti-Scam Campaign" in Hong Kong in cooperation with local law enforcement agencies. The initiative involves issuing targeted alerts to potential victims of scams to prevent them from falling victim to fraudulent activity. Binance intends to expand the campaign to other jurisdictions.
FBI seizes $100,000 in cryptocurrency and NFTs
The FBI confiscated the property in October 2022 for violating "federal law," with the NFTs valued over $100,000.
Former IcomTech CEO Marco Ochoa Sentenced for Wire Fraud Involving Crypto Ponzi Scheme
Marco Ochoa, ex-CEO of IcomTech, has been sentenced to five years in prison for wire fraud in a crypto Ponzi scheme, with a $914,000 forfeiture and two years of supervised release.
MetaMask Warns Investors Against Phishing Attempts by Scammers
MetaMask informed customers that it never emails account data or collects KYC information.
Wemade Introduces Etherscan-Developed 'WEMIX Scan'
South Korea-based Wemade has launched WEMIX Scan, a block explorer for WEMIX3.0 Mainnet and testnet, in collaboration with Etherscan. It provides transaction methods, USD value, top 25 NCP data, and gas fees.
Chinese Police Arrest 27 Kingpins of Plus Token Bitcoin Scam Worth $5.7 Billion
Chinese authorities have arrested all 27 primary criminal suspects involved in the Plus Token Ponzi scheme that defrauded nearly 40 billion Chinese yuan, approximately $5.7 billion from victims.
CEO of IcomTech Pleads Guilty in Cryptocurrency Ponzi Scheme
Marco Ruiz Ochoa, former CEO of IcomTech, pleaded guilty to conspiracy to commit wire fraud for his role in a large-scale cryptocurrency Ponzi scheme. The company falsely promised high returns on cryptocurrency investments and used promotional tactics to lure victims. Ochoa now faces up to 20 years in prison.
SEC Regrets Missteps in Debt Box Case: A Lesson in Legal Accountability
The SEC's acknowledgement of errors in the Debt Box case highlights the significance of accuracy and candor in legal proceedings, impacting regulatory practices in the cryptocurrency sector.
Grayscale Investors Buying Bitcoin at Remarkable Rate Despite Goldman Sachs’ Skepticism
New data indicates that institutional clients are increasingly buying Bitcoin via Grayscale Bitcoin Trust despite warning from Goldman Sachs.
Percentage of Crypto Transaction Volume Used for Crime is Reducing: CipherTrace
The growth of the broader cryptocurrency ecosystem is not reflected in the percentage of crypto transaction volumes being used for illicit or fraudulent criminal activities.
New Zealand Police Issues Warning Against “Nasty” Sextortion Blackmail Porn Scam Demanding Bitcoin Ransom
New Zealand police are warning about a new porn blackmail scam that is targeting residents who watch adult content videos in the country. Scammers will take compromising video or photos of the victim while they are watching pornography and later contact them demanding a ransom in Bitcoin to keep the content private.
SEC Delays Decision on Invesco Galaxy's Application for Spot Ether ETF
The US SEC has extended the review period for Invesco Galaxy's application for a spot Ether ETF, with the deadline set for July 5. This follows similar delays for eight other potential Ether ETF issuers, including VanEck. Analysts express skepticism.
Whale Alert Analysis: Scammers Have Bagged Bitcoin Worth $24 Million in the First Half of 2020
Leading blockchain tracking and analytics provider Whale Alert has revealed that scammers have been on a stealing spree as they have made away with $24 million in Bitcoin so far in 2020. Cumulatively, they have siphoned Bitcoin valued at $38 million over the last four years, and this excludes Ponzi schemes as they are a billion-dollar sector on their own.
Grayscale Ends Quarter with Record-Breaking Inflows of $5.7 Billion as Demand for Crypto Goes Up
Grayscale Investments has released their quarterly report assessing the last months of 2020.
Bitcoin.org Hacked, Showing Sign of "Double Return Bitcoin" in Gift Scam
Bitcoin.org, an open-source and peer-to-peer platform focused on bitcoin development, was hacked this Thursday morning by showing bitcoin's giveaway activities.
Spanish Tax Agency Cracks Down on Crypto Holders
The Spanish Tax Administration Agency (AEAT) is increasing its efforts to collect taxes on crypto assets, with plans to send out 328,000 warning notices to those who should pay their taxes for the 2022 fiscal year. The AEAT has only recently begun to take the matter seriously, with a 40% increase in the number of notices sent from the previous year.
Australia Records Over $14 Million Losses to Crypto Scams in 2019
Scamwatch, an Australian website dedicated to reporting scams saw an increase in crypto relating scams amounting to $14 million
Grayscale Wants SEC's Approval for Bitcoin ETF With Public Support
Digital assets manager Grayscale Investments is stirring the public to send a message to the US Securities and Exchange Commission with respect to approving the conversion of its flagship product, the Grayscale Bitcoin Trust (GBTC) to a full-fledged spot Bitcoin Exchange Traded Fund (ETF).
Darknet Empire Offline for Days Has Users Fearing DDoS Attack and Looming Scam
A popular darknet marketplace, Empire Market, has been reported to be offline for over 48 hours, making website users fretful as to the cause behind it.
Trump: Bitcoin, It Just Seems Like a Scam
Former US President Donald Trump is still anti-crypto and he made it known in his latest interview with Fox business news.
BNB Chain Resolves BscScan Lag Issue, opBNB Still Undergoing Fixes
BNB Chain resolves lag issue in BscScan browser, continues to address similar issues in opBNB, with BSC unaffected and users advised to use BSCtrace for updates.
Bitcoin is Making its Way to $12K and Beyond as BTC Supply Expects Massive Shortage
In recent months, MicroStrategy, Square, Stone Ridge Asset Management have all invested in Bitcoin. Will Bitcoin see a massive supply shortage?
Crypto User Scammed Out of $20,000 on Fake Uniswap App
A user has lost $20K after placing his private key backup phrase in a fake Uniswap mobile app available on the Google Play store.
Could Blockchain Increase Diversity in the Way Films are Nominated for the Academy Awards?
The film awards season has finally passed for the year and a look back over the last few weeks, unfortunately, uncovers lingering problems with diversity among the nominations for both the BAFTAs and the Academy Awards (Oscars). Could blockchain provide a solution?
Canadian Investment Fund Manager Receives ‘Favourable Ruling’ From Regulators to Offer Bitcoin Fund
Canadian investment fund manager 3iQ Corp. announced on Oct. 30 that it had received approval from its public hearing by the Ontario Securities Commission (OSC) for a closed-end Bitcoin fund that will be listed for trading on a major Canadian stock exchange.
Scroll Launches zkEVM Mainnet
Scroll unveils its zkEVM mainnet on October 17, enhancing Ethereum’s scalability and developer engagement. Employing zero knowledge proofs, it boosts transaction speeds and reduces costs, promising a near-identical Ethereum experience, without compromising security or decentralization. The launch follows extensive testing, with notable contributions to Ethereum Foundation’s Privacy and Scaling Explorations. The initiative eyes global developer adoption, advancing Ethereum’s Layer 2 solutions.
Crypto Hacks and Scams Rising Alarmingly in 2024
Cryptosecurity firm Immunefi reported a 23% increase in Q2 2024 crypto losses, with Bitget revealing a 245% increase in deep fake scams, with Ethereum, BNB, and Arbitrum targeted.
Bitcoin Miner Core Scientific Apparently Declares Chapter 11 Bankruptcy
Due to dropping income and BTC prices, Core Scientific filed for Chapter 11 bankruptcy in Texas. In July 2021, the company was valued at $4.3 billion. Due to a lengthy bear market, Core Scientific sold 9,618 BTC in April to continue functioning. Microsoft has banned cloud customers from mining cryptocurrency to improve service reliability.
CFG Scale in Stable Diffusion: A Comprehensive Analysis
The Classifier-Free Guidance Scale (CFG Scale) is a crucial parameter in the Stable Diffusion model, enabling users to balance image fidelity and creativity. It converts textual prompts into visual representations, bridging the gap between human imagination and AI visualization.
Anthony Scaramucci Suspends Redemptions of Legion Strategies Fund
Anthony Scaramucci, the founder of hedge fund SkyBridge, is suspending redemptions of his Legion Strategies fund due to operational difficulties for private companies caused by the sharp fall in the cryptocurrency market, according to Bloomberg.
Binance Insider Allegedly Helps Users Bypass KYC Security Protocols
A report by CNBC alleges that employees and volunteers at Binance have been helping customers in China bypass the exchange's Know Your Customer Controls (KYC). The report points to Binance's Chinese-language chat rooms where users can access shared messages on techniques to bypass KYC, residency, and verification protocols allegedly coming from Binance employees or trained volunteers known as "Angels."
Ethereum's Layer 2s Break New Ground in Scalability
Ethereum has seen a 22% rise in value as of September 2023, largely attributed to the emergence of Layer 2 solutions like BASE by Coinbase, which enhance scalability and user affordability on the network. Leading Layer 2 blockchains, Optimism and Arbitrum, have surpassed major Layer 1 blockchains in Total Value Locked, indicating a growing trust and utilization in the Ethereum ecosystem. Despite centralization concerns, the progressive strides in Layer 2 solutions are poised to bolster Ethereum's standing as a dominant smart contract blockchain.
Bitcoin Scarcity and PayPal Crypto Inclusion Send BTC Prices Higher, Says Pantera Capital
The shortage of Bitcoin supply is the cause of the recent price surge, and PayPal’s entry into the crypto space is having a huge impact on the BTC price.
Mati Greenspan Shocked by Ripple’s XRP Token’s Circulating Supply Up by 26% this Year
Mati Greenspan, the founder of analytics firm Quantum Economics expressed his disbelief that the circulating supply of Ripple’s XRP token has increased by 26% this year.
Victims of BitConnect Ponzi Scheme to Benefit from the Liquidation of $57M Crypto Assets
Victims of BitConnect fraud scheme have a reason to smile about after a court order granted the sale of cryptocurrencies accrued from the scam.
DeFi Giants Launch on Ethereum Layer 2 zkSync Era
Some of the biggest names in decentralized finance, including Uniswap, Sushi, Maker, and Curve, are set to launch on zero-knowledge proof roll-up zkSync Era on March 24. The Ethereum layer 2 scaling network has opened to users in alpha after four years in development, enabling faster and cheaper transactions.
Trump Outraged: Jack Dorsey Faces Senate Subpoena After Twitter Blocks Biden Ukraine Scandal
CEO Jack Dorsey is to testify about the recent incident where Twitter blocked a NY Post news disclosing sensitive information on Joe Biden's scandal in Ukraine.
Bitcoin Ransoms Doubled in 2019, New Report Warns Investors
Crypsis Group, a crypto forensics firm, noted in a recently released security report that crypto-ransoms, such as those involving Bitcoin, rose almost 200 percent for last year, compared to 2018.
BNB Chain Dominates Q1 2023 Rug Pull Scams
According to a report by blockchain security firm Immunefi, BNB Chain saw 73.3% of all rug pull scams in the crypto ecosystem during Q1 2023. The report also revealed that BNB Chain and Ethereum were the two largest targets for hackers and scammers, with 68.8% of total losses from these networks combined.
South Korea probes crypto exchanges for local tokens
Korean Financial Intelligence Unit (KoFIU) launched a probe into crypto exchanges in relation to listing their in-house, self-issued tokens. While Korean crypto exchanges are barred from issuing native tokens, KoFIU's probe into the same is to ensure regulatory adherence for investor's safety. Initial investigations revealed that all crypto exchanges performed lawful operations across South Korea.
Latvian National Extradited to the U.S for Crypto and Wire Fraud
Ivars Auzins, a Latvian citizen, accused of committing securities and wire fraud using eight companies that alleged to mine or invest in crypto assets, was extradited to the United States to face a six-count indictment charge.
Hong Kong Government Alerts Public to AI-Generated Scams Featuring Deepfake of Chief Executive
The Hong Kong government warns against AI-generated scams, including a deepfake video of Chief Executive John Lee, urging public vigilance and caution.
Blockchain.com Signs Dallas Cowboys quarterback Dak Prescott as Brand Ambassador
Cryptocurrency exchange Blockchain.com has announced that it has entered into a multi-year partnership with Dallas Cowboys quarterback Dak Prescott of the National Football League.
YouTuber's Channel Hacked for XRP Scams
DidYouKnowGaming's YouTube channel was hacked to promote XRP scams, with the hacker changing the channel's profile and cover images to Ripple's logo. YouTube intervened quickly to prevent further damage, but the rise of deepfakes remains a threat to crypto investors.
Bankrupt crypto exchange FTX has acknowledged a recent spate of third party scams
FTX alerted consumers about fraudsters stealing account information with promises of asset returns.
Kokomo Finance Accused of $4M Exit Scam
Kokomo Finance, an open-source and noncustodial lending protocol on Optimism, is suspected of an exit scam worth $4 million. The protocol allegedly plucked user funds via a smart contract loophole, causing the Kokomo Finance token to plummet 95% in value. Blockchain security firm CertiK alerted its followers to the situation, noting that Kokomo Finance removed all social media accounts following the incident.
Core's Revolutionary Satoshi Plus Consensus Marries Decentralization, Security, and Scalability
Core is a novel layer one blockchain that is pushing the boundaries within the crypto space. Inspired by Bitcoin and Ethereum, Core progresses beyond those blockchain behemoths by synthesizing each of their superpowers. A student of blockchain history, philosophy, and innovation, Core optimally balances decentralization, security, and scalability.
Bitcoin Bulls Buy the Dip as Analytic Firm says BTC Price Recovery is Optimistic
Bitcoin’s price has recently corrected after weeks of making straight gains, what's next for BTC?
Crypto Escrow Company Promises Bitcoin, Pleads Guilty to Defrauding Client Over $3 Million
Jon Barry Thompson, the executive of Volantis Market Making cryptocurrency escrow company, has pleaded guilty in a crypto escrow scam worth $3.25 million.
Binance Co-Founder Yi He Champions Transparency and Security Amidst Crypto Evolution
Binance Co-Founder Yi He addresses the crypto community with vital announcements on enhancing listing transparency and security measures, showcasing Binance's proactive approach in combating scams and ensuring a trustworthy trading environment.
Ethereum Foundation's 1.7K ETH Sale Signals Potential Price Downturn
The Ethereum Foundation's sale of 1,700 ETH, coupled with pessimistic views from a crypto trading KOL and Mike Alfred, has fueled concerns about Ethereum's financial outlook. These developments may signal a potential downturn in ETH prices.
Arbitrum Discord Server Hacked for Phishing Attack
Hackers dropped a phishing link on Arbitrum's official Discord server, prompting users to enter personal information. The link misspelled the name of the platform as "Arbtirum." Investors are advised to be cautious of unrealistic claims and deceptions.
Digital Currency Group Announces $250M Share Buyback from Crypto Trusts
Digital Currency Group (DCG), the parent company of Grayscale Investments, has announced a new share buyback program projected to be worth $250 million.
Hong Kong Police Crackdowns Crypto Investment Scam, involving $11M HKD
Hong Kong police announced Friday the authority has dismantled a cryptocurrency investment scam involving as much as 60 million Hong Kong dollars. At least 19 people are under arrest.
Digital Currency Group Sells Shares in Subsidiary's Crypto Funds
As the crypto empire struggles, Barry Silbert's Digital Currency Group has divested interests in Grayscale Investments funds.
Guggenheim's Scott Minerd Foresees $8,000 Bottom for Bitcoin
Scott Minerd, a prominent market analyst with Guggenheim Partners is not discounting further drop in the price of Bitcoin (BTC) as the bear market rages on
LinksDAO and Spey Bay Golf Club
"LinksDAO" may acquire a $900,000 Scottish golf course. Voting closes on Feb. 22 at 12pm ET, with 88% of voters supporting the acquisition.
Australian Scammers Prefer Crypto than Credit Cards: Report
Australia's local media outlet disclosed a total loss of $84 million was reported to the ScamWatch website in 2021, a figure that is reasonably higher than the $27 million reported in 2020 and $19 million in 2019.
Fidelity, Schwab, Citadel Securities Launch New Crypto Exchange EDXM
The launch of crypto exchange EDX is the latest evidence Wall Street continues entering the digital asset markets despite the crypto winter.
Sui Donates $1M to London Business School for Web3 Research
Sui, a leading blockchain platform, has donated $1 million to London Business School for Web3 research and education, aiming to prepare future technology and business leaders.
Binance Sued for Cashing Out Illicit Hacked Funds Worth More Than $9 Million
Binance has been taken to court by Fisco, a Japanese crypto exchange, for allegedly facilitating the liquidation of at least $9 million in crypto after the latter was hacked in 2018.
Upbit Announces Dunamu & Partners' Digital Asset Holdings for October 2023
Upbit discloses Dunamu & Partners' #Bitcoin holdings as of October 2023, holding 2,081.84950412 BTC with no sales transactions recorded, aligning with Upbit's transparency principle in digital asset trading.
Celsius Network to File Disclosure Statement for Restructuring Plan
Crypto lender Celsius Network will file a disclosure statement on April 12 regarding its Chapter 11 restructuring plan. The statement is aimed at providing adequate information for claim holders to vote on the proposed plan, which would create a public platform fully owned by Earn creditors called NewCo. The committee of unsecured creditors will appoint the majority of the firm’s board members, with no Celsius founder involvement or relationship.
Wharton Business School Launches Online Metaverse Course, Accepting Payment in Crypto
The Wharton School of the University of Pennsylvania has announced the launch of a six-week online course on "Business in the Metaverse Economy."
RISC Zero Raises $12m in Seed Round Led by Bain Capital Crypto
RISC Zero, a startup that creates scalable blockchains with zero-knowledge (zk) technology, announced that it had raised a $12 million seed round led by Bain Capital Crypto.
Wharton Accepts Cryptos as Tuition Fees for Blockchain Courses
The Wharton School officially accepts crypto as a payment method for blockchain courses through Coinbase exchange.
SlowMist Report: 10 Crypto Incidents Unveiled
The SlowMist Weekly Security Report (Oct 1 - Oct 7, 2023) underscores ten security incidents in the crypto realm, with Stars Arena suffering the heaviest loss of $3 million. From DNS hijacking to Discord hacks, the report highlights the financial repercussions and urges the community to adopt stringent security measures.
Russian Hackers Hijack YouTube Channels to Broadcast Crypto Scams: Google
Search engine giant Google has made a series of claims, accusing Russian hackers of hijacking YouTube channels for malicious purposes.
Grayscale's Strategic Shift: Aiming for Bitcoin Spot ETF with Cash Redemption Model
Grayscale changes GBTC to a spot Bitcoin ETF using cash creation model, complying with SEC guidelines after Barry Silbert's resignation, marking a significant shift in the digital asset landscape.
Friend.tech Users Lose $385K in Ether to SIM-Swap Scammer
A scammer has reportedly stolen approximately $385,000 (234 ETH) within 24 hours by SIM-swapping four Friend.tech users. The incident follows a series of SIM-swap and phishing attacks on the platform, putting its security measures under scrutiny. Blockchain analyst ZachXBT revealed the scam on October 5, 2023, adding to concerns about the vulnerability of Friend.tech's user accounts.
OneCoin's Former Legal Head Pleads Guilty to Fraud and Money Laundering
Irina Dilkinska, former OneCoin legal head, has admitted to wire fraud and money laundering charges in the cryptocurrency pyramid scheme, facing a potential ten-year prison term, while co-founder Ruja Ignatova remains fugitive.
Hedera Council's Major HBAR Allocation Boosts Ecosystem and Governance
Hedera Global Governing Council allocates 4.86 billion HBAR ($408 million) for network development and decentralized governance, focusing on supporting existing initiatives and operational efficiency.
Ledger Postpones the Launch of Ledger Recover Amid Criticisms Aming to Improve Transparency and Security
In light of recent backlash from the crypto community, Ledger, a prominent hardware wallet company, has decided to postpone the launch of its Ledger Recover service.
Dozens of AI-Powered Chatbot Tokens Found to Be Part of honeypot schemes
Blockchain security company PeckShield has warned about "dozens" of BingChatGPT pump-and-dump tokens.
Bitcoin’s Scarcity Feature Makes the Crypto an Aspirational Store of Value for Investors, says Fidelity Digital Assets
Fidelity Digital Assets, the crypto arm of investment firm Fidelity Investments found in its new report that many investors consider Bitcoin to be an “aspirational store of value”. The firm believes that the largest cryptocurrency has the properties of a store of value but has yet to be widely adopted.
Ripple (XRP) CTO responds to phishing scam concerns following Cory Doctorow's $8000 loss
Ripple's CTO David Schwartz emphasizes his cybersecurity savvy, responding to phishing scam concerns after Cory Doctorow's $8000 loss. Ripple educates on scam identification and prevention, amidst increasing social media-based crypto frauds.
Apple's App Store Policies Probed: U.S. Lawmakers Investigate Impact on Blockchain and NFTs
U.S. Representatives probe Apple's App Store policies, raising concerns over potential impact on blockchain and NFTs, and questioning the balance between security and innovation.
Grayscale Bitcoin Trust Inflows Estimated at $1 Billion per Month - Why It Matters for BTC
Bitcoin’s quick ascent to its all-time high of $24K has shown no signs of slowing down, suggesting that the cryptocurrency is in overbought territory.
Canadian Regulator Charges Coinsquare Executives For Crypto Market Manipulation
Coinsquare executives have resigned following a settlement with the Ontario Securities Commission.
Global Financial Indexes Provider MSCI Plans to Launch Crypto Indexes
Global securities index publisher MSCI is considering launching cryptocurrency indexes. Yet, Henry Fernandez, CEO of the MSCI did not disclose what assets any index would focus on nor any timeline for their introduction.
SEC Delays Decision on Ether ETFs to May 2024, Impacting Key Proposals
The SEC has postponed its decision on several Ether ETFs, including Hashdex Nasdaq Ethereum ETF and Grayscale Ethereum Futures ETF, affecting the future of Ethereum-based financial products.
Bitcoin Twitter Hack Investigation Reveals Second Teen Mastermind
US authorities revealed that there may have been another hacker that played a prominent role in the Bitcoin hack that overtook Twitter on July 15.
Teenage Bitcoin Scammer Behind 2020 Massive Twitter Hack Gets Sentenced to 3 Years in Prison
Graham Ivan Clark, a Florida teenager, will serve three years of probation after receiving a jail term of three years in prison.
Vebitcoin Crypto Exchange Shuts Down its Business, Turkish Financial Watchdog Investigates
Vebitcoin has suddenly halted its trading, citing financial strains.
Deutsche Bank Executive Says CBDC is More of a Political Decision
Deutsche Bank Executive Burkhard Balz has noted that the decision to launch a CBDC by any country may be more of a political decision than a technical one.
Twitter Hack Goes Viral as Bill Gates, Elon Musk, and Biden Hit by Massive Bitcoin Scam
Twitter has gone haywire as news of a Bitcoin scam hack targeting multiple high-profile figures such as Bill Gates, Elon Musk, Joe Biden, Jeff Bezos, and even multinational tech company Apple has broken out.
YouTube and Ripple Intertwined In Lawsuit Battle For XRP Scam Videos
Blockchain company Ripple and CEO of the currency exchange network Brad Garlinghouse is suing YouTube for allegedly playing a part in the repeated Ripple (XRP) crypto giveaway scams that have been circulating on the video content platform.
California's FPPC Updates Campaign Disclosure Rules, Including Cryptocurrency Contributions
California's FPPC updated campaign rules, including guidelines for cryptocurrency contributions, ensuring compliance with U.S. regulations and transparency in political financing.
Bitcoin Price Could Continue on Bullish Momentum Towards $15,800 Amid Double-Dip Recession
Bitcoin’s price is currently struggling to continue its push towards $12,000, however, a chance of a double-dip recession could take BTC higher.
Deutsche Bank Survey Predicts Bitcoin Could Plunge Below $20K
Deutsche Bank survey indicates pessimistic Bitcoin price outlook, with 33% expecting it to drop below $20,000 by 2024, while 15% anticipate stabilization between $40,000 and $75,000.
TRON Founder Justin Sun Offers Bounty Reward for Twitter Bitcoin Scammers
As distressed Twitter users scrambled to get a sense of the recent Bitcoin attack that happened earlier this week, TRON founder Justin Sun spoke up and offered a $1 million bounty reward for whoever was able to uncover the identities of those behind the Twitter mass hack.
Crypto Ads in India to Brandish with "Highly Risky" Disclaimer
The Advertising Standards Council of India (ASCI), the sovereign regulatory body for advertisements, has published a new set of guidelines for stakeholders in the digital currency ecosystem.
CryptoQuant CEO: Bitcoin Could Face Correction As Institutional Investment Stalls
CEO of CryptoQuant Ki Young Ju has warned about a potential correction as on-chain data indicates institutional investment into BTC appears to have stalled.
Banking Giant Morgan Stanley Purchases 28,289 Shares of Grayscale Bitcoin Trust
According to the U.S. Securities and Exchange Commission's document, the US leading investment bank Morgan Stanley is buying 28,289 shares of Grayscale Bitcoin Trust through its European Opportunity Fund.
Bank of England halts Silicon Valley Bank UK branch operations
The Bank of England has ordered the Silicon Valley Bank's UK branch to halt its operations as it has limited presence and no critical functions supporting the financial system. The bank will be placed into a Bank Insolvency Procedure, and eligible depositors will be paid out by the Financial Services Compensation Scheme up to the protected limit of £85,000, with the remaining assets and liabilities being managed by bank liquidators. UK venture capitalists and a nonprofit organization have expressed concern as several startups and investors have significant exposure to the SVB UK, including prominent blockchain VCs who have over $6 billion in assets at the bank.
Webaverse Co-Founder Reveals $4 Million Crypto Hack
Webaverse co-founder Ahad Shams sent a public statement about being hacked for $4 million in a hotel lobby.
Exploring the Basel Committee's Draft on Crypto Asset Exposure
The Basel Committee has unveiled a draft document detailing the disclosure requirements for banks' cryptoasset exposures. Standardized templates under a new chapter, DIS55, are introduced to ensure consistency in disclosures. The Committee seeks public and market participants' feedback on the draft until January 31, 2024, with an eye towards implementing the requirements on January 1, 2025.
Breaking: Bitcoin Enters Banking System, El Salvador's Cuscatlan and Agricola Accept it for Loans
El Salvador's Cuscatlan and Agricola banks have announced they will now accept Bitcoin for loan payments, paving the way for Bitcoin to be used directly for credit card debt settlements and loans, potentially setting global banking industry precedents.
Exclusive: Blockchain Trilemma Solved? Secrets Revealed by Turing Award Winner's Algorand
There are numerous blockchain project teams attempting to address the blockchain trilemma, and the Turing Award winning team Algorand is one promising candidate. We have the pleasure to speak with Jing Chen, Chief Scientist of Algorand, on how Algorand attempts to solve blockchain trilemma with its Byzantine agreement. She also explains why Algorand is non-forkable and the restrictions on Algorand’s adversary model!
Blockchain and Human Consciousness
The reState Foundation held a virtual talk between Vitalik Buterin, co-founder of Ethereum, and Sadhguru, founder of the Isha Foundation, discussing how emerging technologies like blockchain will impact human consciousness.
SSV Network Discord Compromise Resolved: Channel Back to Normal and Under Control
SSV Network, a prominent Ethereum staking provider, has confirmed a Discord channel breach, warning its community not to click on fraudulent links, underscoring the need for robust security measures and user awareness.
Ontario Securities Commission Criticizes Binance for Incomplete Registration
The Ontario Securities Commission (OSC) of Canada stated that Binance has not yet obtained the legal operating qualifications for the province of Ontario.
Crypto Groups Mobilize Support for Grayscale Spot Bitcoin ETF Lawsuit Fight
The groups have faulted SEC’s decision to disapprove applications of spot Bitcoin ETFs, yet the regulator had allowed similar, riskier products to enter the market.
Grayscale Now Owns 2.4% of BTC Circulating Supply
Over the past week, crypto fund management firm Grayscale Investments increased its assets under management by $180 million in the firm’s Bitcoin Trust.
Is Ethereum 2.0 Ready For the Bull Run?
The initial stage of Ethereum 2.0 is set to start in a few months, with many experts arguing that it may be the catalyst for a huge industry bull run. Adam Cochran, a partner at MetaCartel Ventures DAO, released a blog which outlined why he believes Ethereum 2.0 “could prove to be the largest economic shift in society.” So, is Ethereum 2.0 ready for the bull run?
John McAfee Indicted for Tax Evasion and for Fraudulently Promoting ICOs Through Twitter
The DOJ is charging John McAfee with tax evasion and failure to file tax returns, according to an unsealed indictment that was revealed yesterday.
Bored Ape Yacht Club NFT Discord Compromised Again with 200 ETH Carted Away
The Discord server of the iconic Non-Fungible Token (NFT) project, Bored Ape Yacht Club (BAYC) has been exploited again as criminals gain access to the manager’s profile to post fake mint links
Aura FAT SPAC Pulls $115m in IPO, Planning to Merge Crypto Firm
Cayman Islands incorporated SPAC Aura FAT Projects Acquisition Corp has announced its successful IPO on the Nasdaq Exchange where it raised the sum of $115 million.
It’s the Age of the Micro Investor and this is Good for Bitcoin – SkyBridge Capital Founder Scaramucci
Anthony Scaramucci believes that it is the age of retail traders, as they have triggered bull runs in stocks like GameStop and this is positive for Bitcoin.
Recent Crypto Sell-Off Hasn’t Deterred Investors, Grayscale CEO Says
Investors are still optimistic despite the current market crash, said Grayscale's CEO.
Core Scientific Records $862m Loss in Q2, follows by 10 % Workforce Laid off
Core Scientific announced its second quarter 2022 update and said it was laying off 10% of its workforce as it reported an $862 million quarterly loss due to impairments such as goodwill and digital assets.
Bitcoin’s Price Boom is Artificially Inflated, says Peter Schiff
Peter Schiff claims that the current rise in bitcoin prices is due to market manipulation.
Ethereum's Layer 2 Debate: Buterin Aligns with Daniel Wang on Validium Classification
Vitalik Buterin agrees with Daniel Wang on classifying Ethereum rollups using external data chains as validiums, not traditional rollups. This debate underscores the nuances in Ethereum's layer-2 scaling solutions, focusing on security and scalability trade-offs.
Mining Capital Coin CEO Indicted for Masterminding $62M Crypto Ponzi Scheme
Mining Capital Coin CEO Luiz Capuci Jr is indicted Friday for orchestrating a scam that defrauded investors around the world of about $62 million, according to the U.S. Department of Justice
Malaysia’s Financial Regulator Says Binance is Not Authorized to Operate in the Country
The Securities Commission (SC) of Malaysia, the country’s financial regulator, has announced that Binance cryptocurrency exchange is not unauthorized to operate in the country. The financial watchdog has, therefore, put the crypto exchange on the list of unlicensed companies.
Malaysia’s Prime Minister Seeking a New Gold Standard
Reportedly Malaysia’s Prime Minister Dr Mahathir Mohamad indicated that he is agreeable to a single currency for the East Asian region backed by gold but critically it would not become the national cash of any current nation.
StanChart and UnionBank of the Philippines Collaborate on PoC of $187 Million Blockchain-Powered Bond
The UnionBank of the Philippines and Standard Chartered have created a proof of concept required in the issuance of a blockchain-powered retail bond.
Malaysia’s Securities Commission Touts Cryptocurrency’s Potential Amid a COVID-19 Digital Normal
The Securities Commission of Malaysia backs cryptocurrency use and says it has great potential, despite a lack of understanding regarding digital assets in the country.
Dell Uses VMware’s Blockchain Solutions to Track Recycled Packaging Materials
Waste management is one of the main challenges after global warming, which affects the natural environment. Dell is committed to developing solutions to enable better waste management. Recently, Dell partners with VMware to track recycled packaging materials using blockchain.
Standard Chartered's Planned Hong Kong Virtual Bank Announced as Mox
Mox is the new virtual bank in Hong Kong to be launched by Standard Chartered in partnership with PCCW, HKT and Trip.com. Launching later this year, the mission of Mox is to help everyone in Hong Kong grow – “your money, your world, your possibilities.”
India Plans to Ban Private Cryptos like Bitcoin in Favor of National Cryptocurrency
India plans introducing a new bill to ban private cryptocurrencies as well as introduce a national digital currency.
Malaysia’s Securities Commission Legalizes Digital Asset and Crypto Trading
Malaysia’s Securities Commission, which is responsible for overseeing compliance with Islamic laws in finance, has allowed trading of digital assets.
A New Era of Smart Banking: Virtual Bank by Standard Chartered Building Digitally-Born Services
During Hong Kong Fintech Week 2019, Blockchain.News spoke with Deniz Güven, the CEO of the Virtual Bank by Standard Chartered, to understand the current developments and the new technology behind it. The Virtual Bank by Standard Chartered was one of the first granted a virtual banking license on March 27, 2019, from the HKMA along with two other licensees, Livi VB Limited and ZhongAn Virtual Finance Limited.