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    Blockchain

    Stanford University to Return $5.5 Million Worth Gifts Received From Bankrupt FTX

    Stanford University is in talks with the attorneys for the beleaguered FTX to return the “entirety” of gifts that it received from the bankrupt crypto exchange and related entities.

    Chainalysis Report: India Ranks Second in Global Transaction Volume Despite Tax Law Challenges

    India has claimed the second-largest position in the global crypto market, surpassing the UK, Turkey, and Russia in raw transaction volume.

    Brazil Debates Bill To Protect Debtors’ Digital Assets

    Brazilian lawmakers make moves to include cryptocurrencies in the list of debtors-protected assets on behalf of creditors following their recognition as tradable property.

    Former Deutsche Bank Investment Banker Faces up to 30 Years in Prison for Crypto Fraud

    A former investment banker from Deutsche Bank, Rashawn Russell, has pleaded guilty to charges of misappropriating funds from investors through promises of higher returns from cryptocurrency trading, as confirmed by the U.S. Justice Department.

    Crypto Influencer ‘BitBoy’ Claims He Received Death Threats, Begs Followers to Donate For His Legal Fund

    Crypto influencer Ben Armstrong, who was recently ousted from the company he created, claimed he has been receiving death threats from Hit Network.

    Prominent Crypto and Fintech Alumni Launch $60M Oak Grove Ventures Fund

    On September 19th, Oak Grove Ventures made a significant foray into venture capital by launching a substantial $60 million fund. The fund strategically focuses on cutting-edge technology, with a keen interest in artificial intelligence (AI), Web3, and biotech.

    Philippines SEC Collaborates With International Organizations to Strengthen Crypto Enforcement Efforts

    The Philippines Securities and Exchange Commission (SEC) seeks to establish a joint regulatory framework around digital assets and to crack down on bad actors who engage in illicit crypto transactions.

    Binance CEO Rejects SEC’s Allegation Regarding Wallet Provider Ceffu

    Binance CEO Changpeng "CZ" Zhao has responded to allegations the US Securities and Exchange Commission (SEC) raised regarding Binance.US's association with wallet provider Ceffu.

    Polkadot Ecosystem Expands as Circle Introduces Native USDC Stablecoin

    Stablecoin issuer Circle has announced the official launch of USDC, the second largest stablecoin by market cap, in the Polkadot Asset Hub parachain. 

    Binance Sees Big Drop in Bitcoin Trading Volume Amid SEC Scrutiny

    Binance has seen a massive drop in Bitcoin trading volume this month according to new data from K33 Research. A new report revealed that the platform's 7-day average spot trading volume for Bitcoin has plummeted by 57% since the beginning of September.

    More SEC Enforcement Action is Coming With DeFi in Firing Line, Warns Key Agency Official

    The head of the US Security and Exchange Commission (SEC)’s Crypto Assets and Cyber Unit David Hirsch just sent a chilling warning to the crypto industry, which has already found itself heavily in the agency’s crossfire in recent months.

    Standard Chartered’s Zodia Custody to Bring Yield on Crypto Holdings for Institutional Clients

    Zodia Custody, a Standard Chartered Bank-owned crypto entity, is bringing yield on digital assets to institutional clients in partnership with Singapore-based digital asset platform developer, OpenEden.

    Crypto Investment Products See Continuous Outflows, Nearing $500 Million in Nine Weeks

    Capital continued to flow out of crypto-backed investment funds last week, with total outflows for the past nine weeks now nearing $500 million.

    Coinbase Attempts to Push Crypto Legislation Forward in U.S. with Latest Moves

    Coinbase is intensifying its efforts to bring about positive changes in U.S. legislation in the crypto sector with a new media campaign it launched today. The company is spearheading multiple initiatives aimed at influencing lawmakers and ensuring clearer crypto regulation.

    Bastion, Co-Founded by Former a16z Crypto Leaders, Raises $25M to Drive Web3 Adoption

    Crypto startup Bastion has raised $25 million in a funding round led by venture giant Andreessen Horowitz’s crypto arm, a16z crypto.

    These Crypto Websites are Defying the Bear Market – What’s Going On?

    Is 2023 really worth calling a ‘bear market’ year for crypto? A look at website traffic data for major industry domains suggests the answer may be a bit complicated.