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    Blockchain

    Grayscale Revealed as Second-Largest BTC Entity by Arkham Intelligence

    In a September 6 thread on X, Arkham Intelligence, an on-chain analytics platform, asserted that Grayscale is the second-largest BTC entity worldwide with over 1,750 wallet addresses associated with the holdings of Grayscale Bitcoin Trust (GBTC).

    Crypto Project TON Foundation Completes Transition, Registers as Swiss Non-Profit

    The team overseeing The Open Network(TON) blockchain has completed its transition into a Swiss non-profit organization.

    Ex-FTX Co-Chief Executive Ryan Salame to Plead Guilty in Court – Will SBF Follow Suit?

    Former co-CEO of FTX Digital Market Ryan Dalame plans a guilty plea over criminal charges associated with the collapse of FTX in November. 

    Nigerian Blockchain Association Knocks Central Bank Over Failure To Implement A Crypto Strategy

    A group of Nigerian blockchain experts have criticized the nation's Central Bank for its decision to prohibit the use of cryptocurrencies in 2021.

    Google Updates Crypto Ads Policy, Clarifies Rules for Blockchain Games

    Search engine behemoth Google has revised its advertisement policy on cryptos, allowing blockchain-based non-fungible token (NFT) ads, as long as they adhere to ad requirements and do not advocate gambling-related content.

    Russia: Illegal Crypto Miner ‘Stole $225,000 From Grid’

    An illegal crypto miner in Russia caused “considerable damage” to a local grid and stole around $225,000 worth of electricity, a power provider has claimed.

    Genesis Sues Parent Firm DCG Over $600 Million Loan Repayment

    Genesis Global Capital (GGC), a subsidiary of Digital Currency Group (DCG) based in New York, has initiated two lawsuits against DCG and its international arm, DCGI, aiming to secure the repayment of loans totaling $600 million.

    80% of South Koreans Consider Crypto a Form of Gambling, Survey Finds

    A South Korean survey has found that 80% of citizens think crypto is a form of “gambling,” while many expressed fears about the dangers of rug-pulls and token price manipulation.

    Government Websites Hacked by MetaMask Scammers to Target Crypto Investors

    Multiple government-owned websites are being leveraged by crypto scammers to con visitors with fake redirection links related to the popular crypto wallet, MetaMask.

    Ex Celsius CEO Mashinsky Assets Frozen by Court – Here’s the Latest

    A federal court has ordered assets and bank accounts belonging to Alex Mashinsky, the former CEO of bankrupt crypto lender Celsius to be frozen.

    Binance Eastern Europe VP and Other Execs Announce Departure as Exchange Mulls Russian Exit

    Binance Eastern Europe Vice President Gleb Kostarev and CIS Manager Vladimir Smerkis have announced their departure from the company as the exchange considers a possible exit from Russia.

    Japan’s SBI Group and Ripple Join to Provide International Remittance Services in Three Countries

    SBI Remit, a subsidiary of Japanese financial conglomerate SBI Group, has partnered with SBI Ripple Asia to introduce Ripple’s XRP-enabled international remittance solution to bank accounts in the Philippines, Vietnam and Indonesia.

    Lido DAO Receives Request for $1.5 Million Funding to Expand Solana Liquid Staking

    A group known as the P2P team has requested $1.5 million in funding from the popular staking provider Lido DAO to further develop Lido’s staking service for the Solana (SOL) network.

    Crypto Market-Making Profit Margins Take a Hit, Down 30% Amid Industry Changes

    The once-lucrative business of market-making in crypto, facilitating trades and profiting from the spread between buying and selling prices, has faced headwinds recently.

    Gleen Raises Funds with Tech-Savvy Chatbot for Discord and Slack, Solana Founder Invests

    Gleen, a chatbot service based in California, has secured $4.9 million in funding in an oversubscribed round.

    Coinbase Increases and Extends Bond Buyback Program with Enhanced Terms – Here’s What You Need to Know

    On September 5 Coinbase revealed that it would expand its bond buyback program from $150 million to $180 million. This adjustment comes as the company strives to repurchase more of its 3.625% senior notes due in 2031.