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    Blockchain

    Digital Bank Revolut to Suspend Crypto Services For US Customers Citing Regulatory Uncertainty

    Crypto-friendly British neobank Revolut has announced plans to halt its crypto services for US customers. 

    Bernstein Report: Top Crypto Miners Set to Benefit Most as Capacity Surges

    Wealth management company, Berstein has said that digital asset mining firms with high capacity and a low production cost will become the biggest gainers in the wake of recent trends. 

    Binance Appoints New Deputy Chief Compliance Officer and Global Money Laundering Reporting Officer

    On Thursday, Binance announced Kristen Hecht as the new Deputy Chief Compliance Officer (CCO) and Global Money Laundering Reporting Officer (GMLRO), a new role amid potential fraud charges from U.S. regulators.

    Tech Entrepreneur Ilya Lichtenstein Admits to Masterminding $4.5 Billion Bitcoin Heist

    Tech entrepreneur Ilya Lichtensteind, a Russian-American citizen, has admitted to committing the original 2016 Bitfinex hack, CNBC reported.

    Ukraine’s Game4Ukraine Soccer Match Utilizes Metaverse for Fundraising

    Besides the real-world event, Game4Ukraine, a charity soccer match announced by Ukrainian President Volodymyr Zelenskyy, will also be played at a virtual stadium for the metaverse visitors - featuring exclusive perks. 

    US SEC Chair Gary Gensler Sidelines Cryptos and Says AI “Warrants The Hype”

    The head of the US securities and exchange commission (SEC) Gary Gensler thinks that the “transformative” power of artificial intelligence (AI) makes it a regulatory priority than cryptocurrencies.

    Blackberry Cybersecurity Division Identifies Top Crypto Malware Amid Soaring Digital Asset Attacks

    The cybersecurity division of Blackberry, a former smartphone giant, has highlighted the most notorious malware families targeting cryptocurrencies.

    Coinbase Layer 2 Base Mainnet Launch Date Announced — Here’s What You Need to Know

    Coinbase, the largest publicly traded crypto exchange based in the US, revealed its plans to open mainnet for the public, starting August 9.

    Coinbase Analysts Remain Positive Ahead of Q2 Earnings Despite Regulatory Uncertainties

    Crypto trading platform Coinbase is poised for better-than-expected, Q2 earnings despite ongoing legal pressure against the firm and other industry giants, analysts say.

    Google Cloud Partners with Celo Network as Validator, Facilitating Ethereum Layer 2 Migration

    Google Cloud has partnered with the Ethereum Virtual Machine (EVM)-compatible blockchain network Celo (CELO), and is already running a Celo network validator, according to an announcement.

    China Emerges as Binance’s Key Market Despite Cryptocurrency Trading Ban

    China has emerged as the biggest market for major crypto exchange Binance, despite a ban on crypto trading in the country.

    Bankrupt Crypto Exchange FTX Wants Dubai Entity Detangled From US Bankruptcy Filings: Here’s The Latest

    Bankrupt digital asset exchange FTX has filed a motion to exclude its Dubai entity from the ongoing bankruptcy proceedings in the United States. 

    Stablecoin Bill’s Failure Reflects Deepening Political Divide in Crypto

    The passing of a much-discussed stablecoin bill last week in the House Financial Services Committee revealed just how deep the political divide in Washington has become, a recent Fortune Crypto newsletter said.

    WorldCoin to Open its ID System for Government and Private Companies: Report

    Sam Altman co-founded tech firm WorldCoin is extending its reach by enabling governments and private businesses to leverage its controversial iris-scanning and identity-verification technology, Reuters reported. 

    Crypto Platform HashKey Becomes First Licensed Exchange in Hong Kong to Offer Retail Services

    Crypto exchange HashKey has become the first digital asset entity to receive a license under Hong Kong’s new crypto licensing regime.

    Kraken Co-founder Jesse Powell Voices Concerns About FTX 2.0

    The revival plans of crypto exchange FTX have been met with skepticism from industry insiders, with Jesse Powell, co-founder of Kraken, raising concerns about the feasibility of FTX 2.0's aspirations.