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1 year, 1 month ago
Telegram's TON Blockchain Project Rebranded as The Open Network
The Open Network (TON) is a decentralized blockchain platform developed by Telegram. It was designed to offer a wide range of services and applications, including decentralized finance (DeFi) and non-fungible…
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1 year, 1 month agoFTX Settles with Genesis in Bankruptcy Case, Receives $175M and Withdraws $1B in Claims
FTX, the collapsed crypto exchange, has reached a settlement agreement with Genesis Global Capital, a crypto lending firm, in their ongoing bankruptcy case. Under the agreement, FTX will receive a $175 million…
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1 year, 1 month agoPolygon 2.0: Revolutionizing Tokenization and Unlocking Trillions in Value
Polygon, a blockchain platform, is revolutionizing the tokenization of assets by introducing its Polygon 2.0 protocol. This protocol consists of interconnected Layer 2 chains and a shared zero-knowledge bridge,…
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1 year, 1 month agoTrezor Celebrates 10th Anniversary with Release of New Hardware Wallets and Private Key Backup Solution
Trezor, a leading provider of hardware cryptocurrency wallets, is celebrating its 10th anniversary by launching three new products. The first is the Trezor Safe 3, a hardware wallet that supports over 7,000…
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1 year, 1 month agoJudge Allows Charitable Contributions as Evidence in FTX Founder's Trial
Judge Lewis Kaplan has made several pretrial evidentiary rulings in the case against FTX founder Sam Bankman-Fried. While he granted reconsideration on certain issues challenged by Bankman-Fried’s defense, he m…
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1 year, 1 month agoBlackRock Takes Legal Action Against Scam Websites Exploiting Its Name
Investment firm BlackRock has taken legal action against the owners of 44 internet domain names that it claims are using its name for fraudulent purposes. The company alleges that these domains, which include…
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1 year, 1 month agoARK Invest and 21Shares' Bitcoin ETF Application Shows Progress with SEC Amendments
A recent amendment to the joint spot Bitcoin exchange-traded fund (ETF) application by ARK Invest and 21Shares is seen as a positive sign of progress and potential approval. The amendment includes additional…
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1 year, 1 month agoCoinMarketCap Launches ChatGPT Plugin for Real-Time Crypto Data Analysis
CoinMarketCap, a crypto data aggregator owned by Binance, has launched a new ChatGPT plugin. This plugin allows users to access real-time data directly from CoinMarketCap. By signing in to their ChatGPT Plus…
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1 year, 1 month agoFormer Alameda Research Engineer Reveals $190 Million Losses Due to Scams and Security Incidents
Former engineer at Alameda Research, Aditya Baridwaj, has claimed that FTX’s sister hedge fund lost at least $190 million due to avoidable scams. Baridwaj alleges that the firm’s agility led to major security inc…
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1 year, 1 month agoPalau's CBDC and Ripple-Powered Stablecoin Drive Financial Inclusion and Efficiency
Palau, a small island nation in the Pacific Ocean, is taking a significant step towards financial modernization by introducing a government-issued stablecoin powered by Ripple. This move aims to address the…
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1 year, 1 month agoBinance CEO and Executives Recommended for Indictment in Brazilian Financial Fraud Investigation
In a recent development, a Brazilian congressional committee has recommended the indictment of Binance CEO Changpeng “CZ” Zhao and three other Binance executives following an extensive investigation into fin…
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1 year, 1 month agoGalxe Refunds Over $396,000 to Users Affected by DNS Attack, Offers Additional Compensation
Galxe, a Web3 credentials and rewards platform, has taken swift action to address a recent DNS attack that left its users vulnerable. The platform has announced a refund of over $396,000 for more than 980 affected…
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1 year, 1 month agoEuropean Regulator: DeFi Poses Limited Risk to Financial Stability, Requires Monitoring
Decentralized finance (DeFi) is currently not a significant threat to overall financial stability, but it does require monitoring, according to the European Union’s financial markets and securities regulator, the E…
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1 year, 1 month agoUS Senators Push for Faster Implementation of Crypto Tax Rules to Prevent Billions in Lost Revenue
U.S. Senators Elizabeth Warren and Angus S. King, Jr. have urged the U.S. Department of the Treasury and the Internal Revenue Service (IRS) to speed up the implementation of new tax reporting rules for…
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1 year, 1 month agoCrypto Exchange WOO Network Severs Ties with Bankrupt Three Arrows Capital in Share and Token Buyback Settlement
Crypto exchange WOO Network has reached a settlement to sever ties with bankrupt hedge fund Three Arrows Capital. WOO will repurchase over 20 million WOO tokens and additional shares acquired by the hedge fund…
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1 year, 1 month agoStars Arena Recovers Majority of Stolen Crypto After Security Breach, Offers Bounty to Hacker
Web3 social media platform Stars Arena has announced that it has recovered almost all of the cryptocurrency that was stolen in a recent exploit. The platform was able to retrieve around 90% of the 266,000 Avalanche…
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1 year, 1 month agoFormer Alameda Research CEO Testifies about Hidden Payments to Chinese Officials in Trial of FTX Founder
During the trial of Sam Bankman-Fried, the founder of crypto exchange FTX, shocking revelations emerged from the testimony of former Alameda Research CEO Caroline Ellison. While Bankman-Fried was not charged with…
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1 year, 1 month agoLido Finance's Ethereum Staking Protocol Faces Slashing Events Due to Infrastructure Issues with Launchnodes Validators
Ethereum staking protocol Lido Finance has experienced 20 slashing events due to infrastructure and signer configuration issues from validators operated by Launchnodes. The incident occurred on October 11,…
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1 year, 1 month agoFormer CEO of FTX, Sam Bankman-Fried, sought capital from Saudi royalty and aimed to crack down on rival Binance, according to court testimony
Former CEO of crypto exchange FTX, Sam Bankman-Fried, was reportedly concerned about various issues leading up to the collapse of the exchange. According to former Alameda Research CEO Caroline Ellison’s personal n…
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1 year, 1 month agoSBF Trial: Explosive Testimony Reveals Ambitions, Bribery, and Controversial Tactics
The sixth day of the trial of FTX founder Sam Bankman-Fried (SBF) revealed new details about his ambitions and the events leading up to the collapse of FTX. Caroline Ellison, the CEO of Alameda Research, testified…
