Binance tight-lipped on projects funded by $1B crypto recovery fund
Binance-initiated IRI fund has only spent some 2.7% of the total of $1.1 billion committed to saving crypto in the aftermath of the FTX collapse, and has still not explained…
SBF’s Alameda minted $38B USDT to profit off arbitrage trading: Coinbase director
Coinbase director Conor Grogan has flagged on chain data that highlights massive USDT mints ordered by Sam Bankman-Fried’s Alameda Research in 2021. Blockchain data flagged by Coinbase director Conor Grogan…
Zimbabwe turns gold-backed digital token into payment method
The Reserve Bank of Zimbabwe first introduced its new project, in which every issued digital token would be backed by a physical amount of gold held in the bank’s reserves,…
Binance users in Hong Kong lose $450K in wave of fraud texts: HK police
Hong Kong police have issued a warning concerning a recent Binance phishing scam targeting Hong Kong users of the platform. Hong Kong’s police force has raised the alarm after 11…
Bitcoin analysts look to November as price action looks to mirror past cycles
Bitcoin’s months of sideways action have been uncannily similar to the previous two BTC market cycles, which saw a pivot in November leading up to a halving event. Bitcoin’s (BTC)…
Ordswap urges users to recover keys after losing control of website
Before it was taken down, Ordswap users said the compromised website directed users to a phishing link. Ordswap, a marketplace that allows users to inscribe, auction, and trade Bitcoin Ordinals,…
Friend.tech adds new security upgrade in wake of SIM-swap attacks
The 2FA security measure is optional for Friend.tech users seeking additional security on the platform. The team behind the decentralized social media platform Friend.tech has added a new security feature…
FTX hacker could be using SBF trial as a smokescreen: CertiK
The still-unidentified FTX hackers started ramping up their movement of stolen funds in recent weeks, potentially using media attention of the trial as a cover to hide the illicit activity.…
3Commas on ‘heightened alert’ after several user accounts hacked
The firm has implemented additional security measures following an investigation that found “only a few” 3Commas user accounts were compromised. Crypto trading bot provider 3Commas is on “heightened alert” after…
Bitcoiner drops BitVM paper — bringing Ethereum-like contracts to Bitcoin
The author of the white paper, Robin Linus, based BitVM’s architecture on Ethereum’s optimistic rollups with fraud proofs and recent Merkle tree developments. A Bitcoin developer has proposed a new…
Michael Lewis’ new book puts a positive spin on Sam Bankman-Fried
Michael Lewis painted an overwhelmingly positive picture of former FTX CEO Sam Bankman-Fried in his new book, “Going Infinite: The Rise and Fall of a New Tycoon.” I haven’t read…
Local Web3 community launches ‘Crypto Aid Israel’ to help displaced citizens
The charity campaign aims to raise funds for humanitarian aid to help Israelis affected by the recent conflict. A collective of local leaders in the cryptocurrency space, including 42Studio, MarketAcross,…
Binance and OKX Adapt to UK’s FCA Regulation; Huobi, KuCoin, and Over 140 Flagged as ‘Non-Authorized’
Crypto exchanges Binance and OKX have taken steps to realign their operations with the UK Financial Conduct Authority’s (FCA) digital asset regulations The regulatory body Go to Source
US Consumer Protection Agency Explores Applying E-Banking Laws to Digital Asset
The Consumer Financial Protection Bureau (CFPB) wants to apply the Electronic Fund Transfer Act (EFTA) to digital assets space. During a speech at the Brookings Go to Source
While Crypto Values Dip, Bitcoin Minetrix Secures $820,000 for Safe Bitcoin Cloud Mining; In Contrast, Rival Coin Falls Short in DEXTools Audit
Much-talked-about Bitcoin cloud-mining project Bitcoin Minetrix ($BTCMTX) has raised more than $822,000 from investors in a week to revolutionize the industry by tokenizing Bitcoin cloud Go to Source