More

    Blockchain

    Sam Bankman-Fried’s Lawyers Fail to Secure Jail Release Amid Trial Prep Woes

    A judge has denied a request by defense lawyers to release disgraced former FTX CEO Sam Bankman-Fried from jail to help him prepare for the upcoming court case.

    Bank Messaging Firm SWIFT Leans Toward Blockchain Integration Over Unifying Tokenization After Experiments – Here’s the Latest

    Bank messaging network SWIFT has said that blockchain interoperability is a better approach in the short term to financial solutions than uniting Central Bank Digital Currencies (CBDC) and other assets into a single ledger.

    Amazon’s Free NFT Giveaway: Here’s How to Claim Your Loot

    Amazon Prime is dishing out free gaming NFTs to its subscribers through its Prime gaming portal.

    Bloomberg Report: Binance Japan plans to increase number of listed tokens to 100

    According to a Bloomberg report, Binance Japan, the Japanese arm of the world's largest crypto exchange, which recently launched full services, now plans to significantly expand its token offerings, aiming to present a minimum of 100 tokens soon. This intended increase is approximately three times the current selection.

    Major Singapore Banks Named in $740 Million Money-Laundering Scandal in Which Police Seized Millions in Crypto

    Top local and international banks in Singapore have found themselves entangled in one of the city-state’s biggest money-laundering scandals, encompassing over $740 million. 

    FTX Data Breach Update: Sensitive Information Was Leaked – Here’s the Latest

    Sensitive details about FTX customers were compromised during the security breach at FTX’s bankruptcy claims agent Kroll earlier this month, despite Kroll initially claiming only “non-sensitive” was leaked.

    Web3 Lawyer Predicts US Crypto Upturn After Key Industry Wins This Year

    Digital asset lawyer Jeremy McLaughlin has expressed optimism on a re-ignition of the United States cryptocurrency market following landmark wins recorded by Ripple and Grayscale over the Securities and Exchange Commission (SEC). 

    South Korean Prosecutors Seek Arrest Warrants for Golf Star & Bithumb Exec

    South Korean prosecutors have asked a court to arrest an ex-pro golfer and a top executive at Bithumb, one of the country’s leading crypto exchanges.

    Worldcoin Sets New Sign-Up Record in Argentina Despite Ongoing Investigation Over Data Privacy

    Worldcoin, co-founded by Sam Altman, has reported a single-day record of approximately 9,500 Argentinians successfully verifying their World ID despite ongoing investigations into the project over data privacy concerns. 

    BlockFi Seeks Court Approval to Convert Users’ “Trade-Only” Wallet Assets to Withdrawable Stablecoins

    Bankrupt crypto lender BlockFi has filed a motion for order in the US bankruptcy court for the District of New Jersey, seeking permission to convert "trade-only" wallet assets into stablecoins, “that wallet users could then withdraw.”

    Elon Musk’s X Social Media Platform Acquires Crypto Payments License

    The social media platform X, formerly known as Twitter, has acquired a regulatory license that enables it to process cryptocurrency payments in the US.

    Tether Turns to Britannia Bank & Trust Amidst US Crypto Banking Struggles

    Stablecoin issuer Tether has established a banking relationship with Britannia Bank & Trust, a privately-held bank located in the Bahamas, to facilitate dollar transfers, according to unnamed sources cited by Bloomberg.

    TinyTap Unveils New AI Features and Roadmap to Revolutionize Learning Material Creation for Children

    The world's largest educational games library, TinyTap, a subsidiary of Animoca Brands, launches new AI features on its platform and roadmap on August 30, further integrating AI and Web3 for education.

    Web3 and the Financial Sector: Must-Knows for Business Leaders

    Blockchain tech company Paxos published a blog post on Tuesday illustrating how Web3 can empower enterprises in the financial sector, and kickstart a “new era” of digital sovereignty.

    Japanese Regulators Greenlight EOS Token Trading, Enabling Pairing with Japanese Yen

    The EOS Network has secured whitelist approval from Japan's crypto regulator allowing EOS token to be traded against the Japanese yen on the regulated crypto exchanges of Japan.

    US Congressman Calls to Dismiss Gensler as SEC Chair Following Grayscale Ruling

    US Congressman Warren Davidson of Ohio has called for the removal of Gary Gensler as  Securities and Exchange Commission (SEC) chair following the Grayscale ruling on Tuesday.