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    Blockchain

    Report: London Stock Exchange Group Mulls Blockchain-Based Trading for Traditional Financial Assets

    The London Stock Exchange Group (LSEG) is exploring the potential for using blockchain to offer extensive trading of traditional financial assets, a company executive told the Financial Times on Monday.

    FTX-Linked Wallet Moves $10 Million in Altcoins Ahead of Bankruptcy Hearing

    Bankrupt crypto exchange FTX’s Solana wallet has moved $10 million in altocoins to Ethereum network through the Wormhole bridge in the last 4 days, sparking fears of more token dumps in the market. 

    Japan Edging Toward Crypto Tax Reform

    Japan is moving toward crypto tax reforms, with the nation’s top financial regulator set to change the way it taxes domestic crypto firms.

    China’s Central Bank Official Stresses on Use of Digital Yuan in Retail Sectors

    The head of the Digital Currency Research Institute at the People's Bank of China (PBOC), Changchun Mu, has emphasized the necessity of making the digital yuan available for all retail payment scenarios. 

    Crypto Regulation: Binance Australia’s General Manager Ben Rose Provides Perspective on Digital Asset Laws

    During an interview at the Intersekt Fintech conference in Melbourne, Australia, on August 31, Ben Rose, General Manager of Binance Australia, expressed strong confidence in the ability of Australian regulators to make informed decisions regarding digital asset regulations in the country.

    Infamous Chisel Targets Android Crypto Wallets, Raising Security Concerns

    Infamous Chisel, a new malware, is attacking crypto wallets on Android devices, posing serious security concerns for crypto users. The malware was discovered to be extracting sensitive data via the Tor network. 

    Specialists Depart Market-Making Crypto Firm Jump Crypto to Launch Douro Labs – Here’s What You Need to Know

    Jump Trading’s digital asset unit, Jump Crypto, appears to be scaling back after a handful of the company's specialists fled to start building a separate blockchain project.

    Robinhood Agrees $600 Million Buyback of Seized Sam Bankman-Fried HOOD Stake From US Marshal Service

    On August 30, Robinhood entered into a $605.7 million (HOOD) share buyback agreement with the US Marshal Service (USMS) to reclaim shares formerly held by Same Bankman-Fried (SBF) through Emergent Fidelity Technologies.

    Creditors Accuse Crypto Lender Genesis of Vote Buying as Bankruptcy Proceedings Continue

    Creditors of crypto lender Genesis and its parent company the Digital Currency Group (DCG) have opposed a proposed settlement deal leveling accusations of voter manipulation.

    Ron DeSantis’ Crypto Campaign Donations Delayed by Hurricane

    Florida Governor Ron DeSantis, who had been planning to announce the acceptance of crypto contributions for his 2024 presidential campaign, was forced to delay the initiative due to the approach of Hurricane Idalia.

    China Court Classifies Digital Assets As Property Despite Blanket Ban By Government

    A People’s Court in China has stated that under the existing legal framework, digital assets have economic value and are still legal property backed by law.

    Crypto Exchange OKX Looks to Expand into India

    Seychelles-based crypto exchange OKX is looking to expand into India despite the uncertain regulatory environment. 

    French Data Watchdog Conducts ‘Inspections’ at Worldcoin’s Office in Paris

    France's data watchdog, CNIL, made an unannounced visit to the office of Worldcoin in Paris this week, intensifying the scrutiny surrounding the cryptocurrency project's controversial privacy practices.

    Binance’s Asia-Pacific Head Departs Amidst Market Share Decline and Regulatory Pressures

    According to Bloomberg's sources, Leon Foong, who served as the head of Binance Asia-Pacific, is leaving his position at the world's largest cryptocurrency exchange.

    Web3 Loses $1.2 Billion to Hacks and Rug Pulls so far in 2023: Report

    Web 3 platforms have lost over $1.2 billion so far this year in hacks and rugs pulls, according to a report from web3 bug bounty platform Immunefi. 

    Nexo Launches a Crypto-Powered Debit and Credit Mastercard for the European Economic Area (EEA)

    In partnership with Mastercard, Nexo launched the world's first "Dual Mode Crypto Card," offering debit and credit functionalities for European Economic Area (EEA) citizens on August 31.