Cryptocurrency news
Hong Kong to list 'suspicious' crypto platforms in wake of JPEX scandal
In the wake of the ongoing JPEX scandal, the Hong Kong Securities and Futures Commission says it will issue a public list of suspicious crypto trading platforms. One of Hong Kong's principal financial regulators, the Securities and Futures Commission (SFC) has vowed to step up e...
Grayscale officially abandons post-Merge PoW Ethereum tokens
One year after the Ethereum Merge, Grayscale has finally made the decision to abandon all the rights to proof-of-work Ethereum tokens. Major cryptocurrency investment firm Grayscale has finally mad the decision to abandon all the rights to the post-Merge proof-of-work (PoW) Ethe...
Bitcoin Ordinals creator proposes to change inscription numbering system
Casey Rodarmor, the creator of Bitcoin Ordinals, clarified that the inscription numbers would only be changed, not scrapped entirely. Bitcoin Ordinals’s creator and chief coder, Casey Rodarmor, has recently proposed changing the protocol’s numbering system with the aim of simpli...
US lawmakers advance legislation blocking the digital dollar
On Sep. 20 the House Financial Services Committee will mark up two bills blocking a potential digital dollar in the United States. The United States House Financial Services Committee is moving forward with legislation aimed at preventing the issuance of a central bank digital c...
FTX bolsters claims portal security measures following cyber breach
Following the cyber breach of non-sensitive data, bankrupt cryptocurrency exchange FTX has reactivated account access to its customer claims portal. Bankrupt cryptocurrency exchange FTX has restored its customer claims portal with tighter security protocols, which was previously...
Paxos confirms it’s responsible for $500K mistaken Bitcoin transaction
The account that paid $500,000 to move $2,000 worth of Bitcoin was a Paxos server, the company stated. The account that overpaid $500,000 in fees on Sept. 10 for a Bitcoin transfer belonged to Paxos, according to a Sept. 13 statement from the company. Paxos claimed that end user...
SBF’s lawyers want to quiz jurors on crypto, altruism and ADHD
U.S. prosecutors, meanwhile, want to ask prospective jurors their beliefs on how cryptocurrency should be regulated. Potential jurors in the upcoming criminal trial of former FTX CEO Sam Bankman-Fried could be asked their thoughts on crypto, effective altruism and attention-defi...
Hackers behind $41M Stake heist shifts BNB, MATIC in latest move: CertiK
A total of $4.8 million in funds have now been moved by the hacker to Bitcoin and now Avalanche. The hackers behind cryptocurrency casino Stake’s $41 million hack have shifted another $328,000 million worth of Polygon (MATIC) and Binance Coin (BNB) tokens — its latest moves foll...
Animoca plans to develop digital IDs and point system for Web3
Animoca Brands closed a funding round supporting the acceleration of the Mocaverse to create digital IDs and point system for Web3 culture, gaming and entertainment. The gaming and Web3 company Animoca Brands announced on Sept. 11 the closing of a funding round to accelerate the...
What is OpenSea and how to use it?
This guide delves into the significance of the OpenSea decentralized marketplace, its pros and cons, and its role in the NFT revolution. The rise of nonfungible token (NFT) marketplaces has ushered in a new era, fundamentally reshaping the way we perceive and interact with digit...