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Posts published on September 13, 2023 go to media archive 2/4
What Has the Blockchain Association Actually Achieved?
Court approves sale of FTX digital assets
Assets will be sold off weekly, with special handling for BTC, ETH and "insider-affiliated tokens."
Paxos confirms it’s responsible for $500K mistaken Bitcoin transaction
The account that paid $500,000 to move $2,000 worth of Bitcoin was a Paxos server, the company stated.
This Latest Move Suggests SEC Lawsuit Against Ripple Is Pushing The Crypto Firm Outside The US
Ripple may be in the process of leaving the United States market for good as the prominent crypto firm has stated that it will be acquiring the majority of its employee candidates from countries outside the US. Ripple Will Recruit A Workforce…
Drivechains Are Stupid, Prove Me Wrong
Shinobi’s Strawman is a weekly series where our Technical Editor Shinobi challenges the Bitcoin community, aiming to stir up conversation around heated technical debates.______________________________________________________________We are going to…
Ripple says security incident accelerated its acquisition of Fortress Trust
A multimillion-dollar security breach involving a third-party vendor hastened Ripple’s acquisition of Fortress Trust on Sept. 8.
Google to allow NFT game ads, metaverse ‘hot’ in Asia: Nifty Newsletter
Google will allow NFT game advertisements that do not have any gambling or gambling services included within the games.
EU parliament votes overwhelmingly in support of DAC8 crypto tax reporting rule
The measure received 535 votes for with 57 against and 60 abstentions in a plenary session.
DCG And Gemini Ink A Plan: Users To Receive All Their Crypto?
Per a report from TheBlock, Digital Currency Group (DCG) reached an agreement with crypto exchange Gemini. The two parties have been negotiating for months after the collapse of crypto lender Genesis, a DCG subsidiary, and the Gemini Earn program…
SEC Charges Stoner Cats Over $8M Unregistered NFT Offering: Mila Kunis-Backed NFT Project to Pay $1M Penalty
The Securities and Exchange Commission (SEC) charged Stoner Cats 2 LLC (SC2) with conducting an unregistered offering of crypto asset securities in the form of non-fungible tokens (NFTs) that raised about $8 million from investors to finance an…
Judge Allows Bankrupt FTX to Sell Its Crypto Holdings, Including BTC and SOL
Crypto exchange FTX can sell and invest its crypto holdings to pay back creditors, a judge in the U.S. Bankruptcy Court for the District of Delaware ruled Wednesday.
PayPal Reportedly Overpaid $510,750 In The Largest USD Bitcoin Transaction Fee Ever
In a surprising turn of events, PayPal, the global online payments giant, reportedly overpaid a staggering $510,750 on a Bitcoin transaction fee. The incident, initially thought to be a "fat-fingered" mistake, has now been traced back to an…
Cosmos Hub upgrades to offer liquid staking
The upgrade introduces a liquid staking module, eliminating a 21-day locking period applied for unstaked ATOM tokens.
The Protocol: The CFTC Is Cracking Down on Crypto
The U.S. Commodity Futures Trading Commission placed a trio of decentralized crypto platforms into its crosshairs last week. An aggressive set of charges from the CFTC – which zeroed in on how the trading platforms handle certain kinds of…
Analyst Sounds Buy Alarm For Bitcoin, But There Is A Catch
Bitcoin (BTC) soared by over 5% on Tuesday to trade above $26,000 for the first time this week. A major contributor to this price rise was an increase in positive sentiment around the token as a result of Franklin Templeton, a $1.45 trillion asset…
SEC charges company behind Stoner Cats NFT series with unregistered securities sale
The animated series, accessible only to NFT holders, had a cast that included Vitalik Buterin, Gary Vaynerchuk and Hollywood A-listers.
Lazarus Group Suspected in $54M Coinex Hack Following Recent Stake.com Breach
The North Korean hacking syndicate Lazarus Group was likely behind the recent Coinex hack on Tuesday, according to onchain analyst Zachxbt. He revealed that the hackers inadvertently connected the funds to the recent Stake.com breach. North Korean…
By The Numbers: How Much Crypto Has Been Lost In The CoinEx Hack So Far
On Tuesday, September 12, centralized crypto exchange CoinEx became the latest victim of a hack. At the time of the reports, over $27 million in crypto had already been carted away by the attackers. However, almost 24 hours later, the reports…
Bitcoin at $25K: Discount or disaster?
This week, The Market Report discusses Bitcoin’s recent dip below $25,000 and what it means for the near future. Was it a discount or a disaster?
Surprisingly Few U.S. Customers Want Their Bittrex Money Back
The U.S. Secret Service kept millions on the exchange, company lawyers told a bankruptcy court – but other creditors have been strangely reluctant to ask for their funds back.
Crypto’s Interest in Rates
Todd Groth of CoinDesk Indices explores the relationship between interest rates and bitcoin.
What Correlations Tell Us About the Value of Multi-Asset Crypto Portfolios
Max Freccia of Truvius does some number-crunching to evaluate the benefits of expanding beyond the biggest cryptos.
Coinbase CEO Confirms Exchange Will Support Lightning, Which Dramatically Speeds Up Bitcoin Payments
Coinbase CEO Brian Armstrong says the crypto exchange will indeed add support for the Lightning Network, one of the biggest endorsements yet for the blockchain that makes bitcoin (BTC) a more realistic option for payments by dramatically speeding…
Biggest Movers: TON Closes In on $2 After News of Telegram Partnership
Toncoin moved closer to the $2.00 level on Wednesday, as markets reacted to the protocol’s partnership with Telegram. The agreement will see the token made available to over 800 million Telegram Wallet users. Stellar, on the other hand, was…
Hello Holesky, Ethereum’s Newest Testnet
The new network comes after years of growth for Ethereum’s developer community, and will replace the Goerli testnet.
TON Jumps By Nearly 8% Following Wallet Integration On Telegram
Telegram Messenger has unveiled a self-custodial crypto wallet for its more than 800 million active users worldwide. This move comes almost three years after the popular messaging platform initially revealed its plans to delve into the Web3 space…
Can Bitcoin Replace Home Ownership Dreams For New Immigrants?
For centuries, the United States has been a country of immigrants seeking better futures and offering a sanctuary for refugees fleeing war and prosecution. Alongside the dark history of exploitation and injustice, from the genocide of Native…
Digital Trading Platform MetaComp Offers Clients Stablecoin-to-TradFi Security Path, Claiming Singapore First
Trading volume has climbed to around $50 million since the service was introduced last month.