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    Blockchain

    Ripple CEO Advises Crypto Startups to Avoid US, Suggests Jurisdictions with Smart Policies

    Ripple CEO Brad Garlinghouse has described the United States as a bad destination for crypto startups due to the country’s uncertain policies around digital assets.

    India Tops Chainalysis’ Global Crypto Adoption Index Despite Heavy Tax Regulations

    India has claimed the top spot in Chainalysis' 2023 Global Crypto Adoption Index despite stringent tax regulations in the country. 

    CBDC Collaboration Between Hong Kong and Israel Prioritizes Data Privacy and Security

    A collaboration between the Bank for International Settlements (BIS) and the central banks of Hong Kong and Israel has demonstrated that central bank digital currencies (CBDCs) can settle on centralized ledgers without compromising privacy.

    Pantera Capital to Increase VC Reach to Mid-Stage Crypto Firms

    Digital assets investment giant Pantera Capital is increasing its venture capital (VC) reach to mid-stage crypto-centric companies, at a time when investors are interested in artificial intelligence (AI), particularly after the crypto market rout.

    Republican Lawmakers Reintroduce CBDC Anti-Surveillance State Act to Block Digital Dollar

    U.S. Congressman Tom Emmer, with the support of 49 Republican lawmakers, reintroduced the CBDC Anti-Surveillance State Act. 

    Binance.US CEO Brian Shroder Departs, Exchange to Cut One-Third of Workforce

    The head of Binance.US, the US offshoot of the largest crypto exchange Binance, has left the digital assets giant as the company is reportedly cutting its workforce by one-third.

    CoinEx Crypto Exchange Hit by $28 Million Exploit, Four Hot Wallets Drained

    On September 12, CoinEx, a cryptocurrency exchange, experienced a suspected attack following a substantial outflow from four of its hot wallets, which was promptly detected and reported by the blockchain security firm Cyvers.

    Crypto KYC Regulations Expected to Get Stricter, Says Bitget Managing Director

    Gracy Chen, Managing Director at crypto exchange Bitget, has indicated that crypto know-your-customer (KYC) measures are expected to become increasingly stringent in the near future.

    Bitfinex and Tether CTO Faces Deposition in Market Manipulation Case – Here’s the Latest

    Paolo Ardoino – the outspoken CTO of Tether and Bitfinex – is set to testify this week as part of a years-long class action lawsuit against both exchanges after the executive's attempt to delay deposition was rejected by the court. 

    Banana Gun’s Token Plummets Over 99% Within Hours Due to Contract Bug – Here’s What Happened

    Telegram bot Banana Gun's native token, BANANA is the latest victim of a crypto exploit due to a “bug” in their contract. 

    Ethereum Name Service Allegedly Hacked by SiegedSec – Here’s the Latest

    A tweet from Dominic Alvieri, a cybersecurity analyst and security researcher, sent shockwaves through the crypto community as it claimed that the Ethereum Name Service (ENS) had fallen victim to a breach, resulting in data being dumped by SiegedSec.

    Tron’s Justin Sun Considers Buying FTX’s Holdings Tokens to Ease Selling Impact on Markets

    A potential liquidation of FTX holding tokens will have a significant impact on the market as the figure hits $1.3 billion in assets, experts opine.

    Luno Exchange to Temporarily Halt Certain UK Client Investments Due to Upcoming FCA Regulations

    Luno, a crypto exchange owned by Barry Silbert’s Digital Currency Group (DCG), plans to stop certain UK clients from trading crypto due to regulatory changes that are coming into effect.

    Bitget Unveils $100M Fund to Expand Ecosystem and Foster Strategic Partnerships

    Bitget, a crypto exchange platform, announces a new $100 million to focus on the growth of its ecosystem. The fund is believed to be focused on developing regional exchanges, analytics firms, and media organizations. 

    Binance.US Opposes SEC, Calls Requests “Unduly Burdensome” in New Filing

    Binance.US has called the ‘compel and reply’ motion by the Securities and Exchange Commission (SEC) unreasonable and “unduly burdensome.”

    Shocking Sybil Attack Uncovered: Individual Controls Over 21,000 Wallets on zkSync Network

    According to a recent X thread, it has recently come to light that an individual has orchestrated an incredibly sophisticated Sybil attack on zkSync, a layer-2 scaling solution for Ethereum.