Former Deutsche Bank exec pleads guilty over ‘R3 Crypto Fund’ scheme
Rashawn Russell faces up to 30 years in prison for his role in the fraudulent cryptocurrency trading scheme.
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Celsius creditors flag renewed phishing attacks ahead of bankruptcy plan
Creditors of crypto lender Celsius Network have reported receiving a new flood of phishing emails, likely resulting from two data breaches in 2022.
Criminals more reliant on cross-chain bridges than ever after mixer crackdowns
The sanction of cryptocurrency mixer Tornado Cash in August caused the first major shift, which is accelerating even faster than projected.
DeFi protocol Balancer frontend is under attack, $238K crypto stolen
The platform notified its community on Sept. 19 at 11:49 pm UTC, urging users to not interact with Balancer's protocol until further notice.
Stand With Crypto campaign to focus on four swing states: Coinbase
A poll of voters in New Hampshire, Nevada, Ohio and Pennsylvania found 55% would be less likely to vote for anti-web3 presidential candidate, said Coinbase.
Philippines SEC teams up with US counterpart to combat crypto fraud
The Philippine SEC is now collaborating with the U.S. SEC and the Asian Development Bank to better combat crypto-related crime.
How Bitcoin miners can survive a hostile market — and the 2024 halving
Bitcoin mining is becoming harder — which means miners will have to spend more to receive fewer rewards. But there are still ways to be profitable.
Chamber of Digital Commerce launches Digital Power Network miners’ coalition
The new advocacy group already represents over half the country’s Bitcoin hash rate and will seek to shape energy policy and champion Bitcoin and blockchain.
Interest rate hikes may pause very soon — Here’s why
This week, The Market Report discusses Bitcoin’s recent price action and the upcoming FOMC meeting, where some speculate interest rates might be paused.
Sam Bankman-Fried's father dragged his mother into an FTX US salary dispute
A complaint filed in bankruptcy court claimed Joseph Bankman involved Barbara Fried when answers from neither his son or FTX US satisfied concerns around his $200,000 annual salary.
CZ post on X about Ceffu and Binance.US contradicts SEC claims, adds to confusion
“It is more than likely that BAM still doesn’t understand what Ceffu is,” the SEC stated after trying to untangle the web of relationships between entities.
Judges weigh early release for Sam Bankman-Fried as lawyers push First Amendment issues: Report
A panel of three judges at the 2nd U.S. Circuit Court of Appeals in New York reportedly will consider requests from Sam Bankman-Fried’s lawyers for early release from jail.
Circle launches USDC stablecoin on Polkadot Asset Hub
Polkadot USDC users should not deposit XCM-transferred USDC from non-Polkadot Asset Hub parachains, Circle has warned.
Indian state governments spur blockchain adoption in public administration
Numerous initiatives by local and state governments in India — from data management systems to verifiable certificate issuances — currently use blockchain technology.
Token2049 captivates Singapore, Huobi rebrands on 10th Anniversary: Asia Express
The 3AC saga continues, Token 2049 kicks off in Singapore and CoffeeDAO gives mom-and-pop cafes a leg up on Starbucks.
AI Eye: Real uses for AI in crypto, Google’s GPT-4 rival, AI edge for bad employees
How Maker, The Sandbox and Near are using AI in crypto, plus terrible workers benefit most from AI and Google’s GPT-4 rival nears release.
Bitcoin futures open interest jumps by $1B: Manipulation or hedge?
Bitcoin spiking above $27,200 amid a big jump in open interest has some analysts asking whether BTC’s price is being manipulated.
OPNX’s $30M Hodlnaut bid rejected as FLEX token plummets 90%: Report
The interim judicial managers of Hodlnaut argued that the $30 million offer of FLEX tokens is “illiquid” and has “speculative value.”
Bitcoin Adoption Fund launched by Japan’s $500B Nomura bank
The Bitcoin Adoption Fund will have long-only exposure to Bitcoin and be available to institutional investors.
Latvia central bank opens to fintech with ‘Innovation Hub’
The Bank of Latvia has been quietly stepping up its game in providing assistance to fintech projects while employing the latest emerging technologies internally.
The Lindy effect and how it presents itself in Web3
The corporate world is filled with the carcasses of companies (and cryptos) who found out too late that the Lindy effect could not save them.
How big is Bitcoin in Lugano? Decentralize with Cointelegraph goes to BTC school
Adam Back, Paolo Ardoino and enthusiastic students from all over the world share insights on Bitcoin school as well as crypto adoption in Switzerland.
Tether authorizes $1B USDT to ‘replenish’ Tron network
Blockchain trackers flag $1 billion “authorised but not issued” USDT mint at Tether’s Treasury, CTO Paolo Ardoino clarifies holdings will be used for ongoing TRON issuance requests and chain swaps.
German crypto regulator calls for global rules to also govern niche finance centers
BaFin's top executive stresses the risks of crypto and calls for global regulation to apply to all financial centers, without exceptions.
FTX founder’s parents sued, accused of stealing millions from crypto exchange
According to the allegations, Sam Bankman-Fried’s father Joseph Bankman was a “de facto officer” at the FTX Group.
Thailand to start taxing overseas income next year, including from crypto
Any person who resides in Thailand for up to 180 days, would be subject to personal income tax on foreign assets, including crypto.
UK House of Lords passes bill to seize stolen crypto
During the bill’s review phase, the House of Lords agreed on certain amendments to clarify its intent of targeting monetary proceeds from fraud or other financial crimes.
Decentralized sensors to combat noise pollution hit the blockchain
A network of 35,000 smartphone sound sensors was deployed on the Peaq Network ecosystem to collect hyper-local noise pollution data for well-being.
Bitcoin Bollinger Bands hit key zone as BTC price fights for $27K
BTC price is at a decision point within the context of the Bollinger Bands, but only time will tell whether Bitcoin can muster a breakout, their creator says.
Hong Kong to tighten crypto regulation in wake of JPEX fraud case
The JPEX fraud saga began last week when the SFC revealed it had received 1,400 complaints against the exchange regarding fraud, withdrawal freezes and declining wallet balances.