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    Blockchain

    Vitalik Buterin Discloses Twitter SIM Swap Attack That Drained $691K From Users’ Wallets

    Ethereum co-founder Vitalik Buterin revealed that his recent Twitter (X) account hack, that wiped over $691,000 victims’ funds in a fake NFT promo, was a result of a “SIM swap” attack.

    Bankrupt Celsius Founder Alex Mashinsky Asks Court to Dismiss US FTC Case

    Former Celsius CEO Alex Mashinsky, who has been embroiled in legal troubles since his company's bankruptcy and his subsequent arrest, is now seeking to have the Federal Trade Commission (FTC) drop its case against him. 

    FLOKI Addresses Rumors and Denies Association with PetabyteCapital – What’s Going On?

    FLOKI INU, a popular crypto meme project, addressed users on X about allegations and rumors about its projects and warned the crypto community to beware of anyone using their brand name and reputation to promote any project to them, as it is likely a scam. 

    Elon Musk’s Twitter Targeted: Beware of the $25 Million Crypto Scam

    After 10 months of Elon Musk’s rule, crypto scams on X (formerly Twitter) are still thriving.

    SushiSwap Goes Beyond Ethereum Compatibility, Announces Integration With Aptos

    Decentralized digital asset exchange, Sushi has expanded its operations to layer 1 blockchain Aptos integrating its Sushi v2 Automated Market Maker (AMM) and SushiXswap on the network.

    FTX Estate Takes Legal Action Against LayerZero Labs to Recover $86 Million

    FTX’s bankruptcy estate has taken legal action against LayerZero Labs, the development firm behind a cross-chain swap protocol, in a bid to reverse a series of financial transactions conducted by FTX’s former management shortly before the exchange filed for bankruptcy.

    Liquidity in Crypto Markets Highly Concentrated Among Eight Exchanges

    A recent report by crypto researcher Kaiko reveals that crypto trading liquidity is highly concentrated, with eight major exchanges handling almost 90% of the trading volume.

    Binance Executive Rejects Comparisons With Collapsed FTX

    Richard Teng, the head of regional markets at Binance notes that the world’s largest cryptocurrency exchange has no operational similarity with collapsed FTX.

    Animoca Brands Secures $20 Million for Mocaverse, A Web3-Native Gaming Tool Platform

    In the initial funding round for Mocaverse, a prominent project focused on creating Web3-native tools for enhancing products in gaming and entertainment, Animoca secured $20 million in investment led by CMCC Global.

    Friend.tech (TVL) Doubles To Reach Over $20 Million After Being Pronounced Dead

    Friend.tech, a decentralized social media platform, has experienced a rapid resurgence, with its Total Locked Value (TVL) nearly doubling to nearly $20 million in just the past four days.

    Anchorage Digital CEO Highlights ‘Widespread’ Self-Custody Risks After Prime Trust Bankruptcy

    The collapse of crypto custodian Prime Trust in recent months has underscored the inherent risks of self-custody within the cryptocurrency industry, according to Diogo Monica, CEO of San Francisco-based crypto bank Anchorage Digital.

    France Moves To License TradFi and Crypto Influencers

    French authorities have rolled out a licensing program for influencers involved in financial products including cryptocurrencies citing investor protection concerns.

    G20 Leaders Decide on Swift Implementation of Crypto Asset Reporting Framework

    G20 leaders have called to swiftly implement the Crypto Asset Reporting Framework (CARF) while endorsing synthesis paper proposed by IMF and FSB. 

    Coinbase Clarifies Reports of Service Discontinuation in India

    Coinbase has provided clarification on reports of terminating all exchange services for Indian users. 

    India’s Central Bank Explores New Features to Boost Digital Rupee Adoption

    The Reserve Bank of India (RBI) is actively collaborating with financial institutions to introduce innovative features aimed at popularizing the Central Bank Digital Currency (CBDC), Reuters reported. 

    Coinbase CEO Brian Armstrong Asserts the Power of Crypto Voting Block that DC Don’t Realize

    Brian Armstong, CEO of the Coinbase crypto exchange, stressed the power of crypto voting blocks in the upcoming 2024 United States elections. He believes that the politicians don’t fully realize its importance.