Category Archive: Cryptocurrency, No picture

Crypto Compliance Just Got An Upgrade: Deloitte, Chainalysis Team Up

Crypto Compliance Just Got An Upgrade: Deloitte, Chainalysis Team Up

Deloitte, a Big Four accounting firm, and blockchain analysis company Chainalysis announced on July 25 a strategic partnership focused on improving crypto compliance for their mutual clients. The announcement comes after several years of planning and aims to serve primarily U.S. public sector customers and financial institutions. Both companies declined to name the specific clients […]
Musk’s Golden Ticket to Twitter Profitability ? DOGE, X and More

Musk’s Golden Ticket to Twitter Profitability ? DOGE, X and More

Billionaire entrepreneur Elon Musk has given Twitter, the popular social media platform, a rebrand to X. Then, sneakily, the Crypto Twitter noticed that Musk unveiled the Dogecoin logo in his Twitter bio location, following a logo switch from the classic blue bird to the X symbol. These actions, subtle yet symbolic, pushed Dogecoin’s price up […]
DeFi Hack Worth $3.4M Strikes EraLend, zkSync’s Top Lender

DeFi Hack Worth $3.4M Strikes EraLend, zkSync’s Top Lender

EraLend, a lending protocol on Ethereum’s scaling blockchain, zkSync, faced a substantial exploit that resulted in a loss of $3.4 million, according to an analysis by CertiK, a leading firm in blockchain security. The incident was described as a read-only reentrancy attack, a complex strategy allowing the perpetrator to tamper with asset prices via repeated […]
Solana-Based ATMTA’s Star Atlas Announces Restructuring and Staff Cut

Solana-Based ATMTA’s Star Atlas Announces Restructuring and Staff Cut

ATMTA, a Solana-based Web3 gaming company that runs the popular Star Atlas game, has revealed a major restructuring of its operations in response to challenging market conditions. The company’s CEO released a detailed statement outlining the move on its Discord, which includes a significant reduction in headcount to ensure the continued development of Star Atlas: […]
API for Uniswap v3 Applications Now Live with Oku

API for Uniswap v3 Applications Now Live with Oku

Oku has launched its API for applications built on Uniswap v3. Backed by the Uniswap Foundation, the API is designed to democratize access to real-time and historic Uniswap v3 market data, according to Oku’s announcement: “Since we represent pool tick state in a format equivalent to the on-chain layout, switching to using Oku’s API should […]
Ukraine and Binance Boast Transformed Lives with Tech Education Project

Ukraine and Binance Boast Transformed Lives with Tech Education Project

Overcoming job loss caused by the ongoing conflict, more than 2,000 Ukrainians have found solace and empowerment in the IT Generation program, an educational project initiated by Binance in collaboration with Ukraine’s Ministry of Digital Transformation. 1. Education. 147 graduates have secured IT-related jobs from the IT Generation project in Ukraine, a tech scholarship program […]
Russian CBDC Signed into Law; Implementation Expected by 2024

Russian CBDC Signed into Law; Implementation Expected by 2024

The Central Bank of Russia is on course to pilot and launch its own central bank digital currency, called the digial ruble, following President Vladimir Putin signing the digital ruble bill into law on July 24, 2023. Effective August 1, the law introduces all but one of its regulations. The exception, Article number three, makes […]
Could Worldcoin Solve Bot Problem? Buterin Explores

Could Worldcoin Solve Bot Problem? Buterin Explores

Sam Altman launched Worldcoin on July 24, triggering a multitude of responses across the cryptocurrency sphere and Silicon Valley. Despite differing views, the project maintains its objective to address online identity authentication and income inequality, as well as the concept of proof-of-personhood and the system’s potential implications on digital identity. Ethereum co-founder, Vitalik Buterin, has shared […]
After 11-Year Slumber, Bitcoin Wallet Transfers $31M

After 11-Year Slumber, Bitcoin Wallet Transfers $31M

A Bitcoin wallet, idle for 11 years, has become active again, transferring all 1,037 BTC out – currently worth $31 million. This unexpected transaction happened on July 22, according to crypto statistics provider BitInfoCharts. Blockchain data reveals that the wallet first received the Bitcoin stash back in April 2012, when each coin was valued at […]
FTX Targets Founder and Executives in $1B Lawsuit: Questionable Deals and Island Buying Plot

FTX Targets Founder and Executives in $1B Lawsuit: Questionable Deals and Island Buying Plot

FTX and its CEO, John J. Ray III, have sued Sam Bankman-Fried and several former high-ranking executives as a way to recover millions of dollars and undo questionable transactions exceeding $1 billion: “Fraudulent transfers worth over a billion dollars were made for the benefit of Defendants during the period February 2020 to November 2022.” Targeted […]