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    Blockchain

    Coinbase’s Ethereum Layer-2 Network, Base, Nears Mainnet Launch

    Coinbase’s layer 2 blockchain, Base, is preparing its mainnet launch after completing a series of security audits. 

    Ledger Hardware Wallet Firm Launches Institutional-Grade Trading Network with Major Crypto Partners

    French hardware wallet maker Ledger has ventured into the institutional trading technology market with the launch of the custodial trading platform Ledger Enterprise TRADELINK.

    Ex-Trader Ackerman Ordered to Pay $54 Million Fine for Crypto Fraud

    The former New York Stock Exchange broker Micahel Ackerman has been ordered to pay $54 million in penalties by a federal court for running a crypto fraud, as per a release from the Commodity Futures Trading Commission (CFTC).

    Warner Music and Polygon Labs Unleash the Power of Blockchain for Music Innovation

    Warner Music Group and Polygon Labs have joined forces to launch a game-changing music accelerator program. This program aims to fuel innovation at the intersection of Web3 and music by supporting developers and dApps on the Polygon network. 

    FTX Files Lawsuit Against Ex-Compliance Chief Friedberg Over Alleged ‘Hush Money’ Payments

    The lawyers of defunct crypto exchange FTX are suing the company’s former compliance chief officer Daniel Friedberg for paying off insiders who threatened to reveal the exchange's illegal activities. 

    Binance’s Powerful Co-founder Yi He Breaks Silence Amidst Regulatory Turmoil

    Despite a long history spent away from the public spotlight, Binance co-founder and senior executive Yi He is finally speaking up as two of the United States’ chief market regulators sue her company.

    Russia’s Supreme Court: Criminals’ Bitcoin-to-Fiat Trades Constitute Money Laundering

    Russia’s Supreme Court has ruled that criminals’ Bitcoin (BTC)-to-fiat trades can be considered money laundering.

    Argentinian Regulator Says it Wants to Adopt FATF Crypto Regulations

    Argentina’s top financial regulator says it wants to adopt the crypto regulations set out by the Financial Action Task Force (FATF), the international money laundering and terrorist financing watchdog.

    KuCoin Implements Mandatory KYC for All Users, Strengthening Security Measures

    KuCoin, a major cryptocurrency exchange, will require all users to undergo mandatory know-your-customer (KYC) procedures before July 15, 2023. 

    UK Law Commission Calls for Special Legal Framework for Crypto as Collateral

    The Law Commission of England and Wales has recommended a national legal framework tailored to dealing with digital assets that addresses collateral arrangements using crypto to back loans.The commission, funded by the Ministry of Justice, noted that such collateral arrangements offer “various benefits” such as improving market liquidity and allowing investors to “extract” the value of otherwise “underutilized” assets. However, risks exist for borrowers providing such collateral if the lender they operate with goes bankrupt, in which case they may not have a claim on all of their funds.“If a collateral taker enters insolvency proceedings, a collateral provider would have only an unsecured claim for the amount constituting surplus proceeds, rather than a proprietary claim to the assets,” wrote the commission in a 304-page report published on Wednesday. 

    Crypto Exchange FTX Puts a Pause on Anthropic Stake Sale

    Bankrupt crypto exchange FTX has put a pause on the sale of its stake in the AI startup Anthropic. 

    Prime Trust Faces Closure as Nevada Regulators Take Action – Another Bear Market Victim?

    Crypto custodian Prime Trust is facing imminent closure as Nevada regulators move to shut down the troubled company, potentially making it the latest victim of the crypto bear market.

    Bank of England’s CBDC ‘Britcoin’ May Not Rely on Blockchain

    The Bank of England is still mulling over which technology will underpin its Central Bank-Backed Digital Currency (CBDC). 

    Breaking: FTX Has Begun Talks to Relaunch International Exchange – Rebranding Will Likely Be Part of the Process

    The failed crypto company FTX is apparently having initial talks with investors on bringing back the FTX.com exchange through structures such as a joint venture, a WSJ report said.

    1 in 5 French Workers Wants to Get Paid in Crypto, Survey Finds

    A fifth of French workers would like to receive all or part of their salaries in crypto, a survey has found.

    Stealthy Crypto Malware Found in Popular Super Mario Game – Here’s the Latest

    Hackers are using a resurgence in popularity around the Super Mario Bros. franchise to sneak stealthy crypto malware onto unsuspecting gamers’ personal computers.As reported by Cyble Research & Intelligence Labs on Friday, a legitimate installer for the fan-made game “Super Mario 3: Mario Forever” secretely includes “an XMR miner, SupremeBot mining client, and the Open-source Umbral stealer,” on top of the actual game.