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Bitcoin Set to Enter the Cosmos Ecosystem via Nomic Bridge Upgrade
October 3, 2023
The non-custodial Bitcoin (BTC) bridge Nomic is all set to facilitate the entry of Bitcoin into the Cosmos (ATOM) ecosystem. This move comes as part of a planned upgrade scheduled …
Read moreBinance Assists in Major Crypto Scam Crackdown by Royal Thai Police
October 3, 2023
Binance, a global leader in digital asset infrastructure services, has recently aided the Royal Thai Police in two major operations aimed at dismantling criminal networks involved in crypto scams. These …
Read moreKey Developments Ahead of Sam Bankman-Fried's Major Fraud Trial
October 3, 2023
Sam Bankman-Fried, commonly known as SBF, former CEO of the cryptocurrency exchange FTX, faces one of the most significant legal battles in the crypto industry. SBF is charged with executing …
Read moreFriend.Tech Security Under Scrutiny After $20M SIM-Swap Attacks
October 3, 2023
Friend.Tech users are facing security issues as several accounts have reportedly been compromised resulting in significant loss of funds through SIM-swap attacks and hacks. One victim, a user named Daren, …
Read moreHong Kong Could Act as Catalyst for East Asia's Crypto Sector, Reports Chainalysis
October 3, 2023
According to a recent report by blockchain analytics firm, Chainalysis, advancements in cryptocurrency activities in Hong Kong might serve as a potential stimulus for the East Asian region's lagging sector. …
Read moreSilvergate Bank's Collapse Attributed to Crypto-focus and Management Missteps, Autopsy By Fed Reveals
October 3, 2023
The former crypto-friendly Silvergate Bank that collapsed earlier this year, was reportedly led to its doom due to over-reliance on risky crypto deposits coupled with nepotism, resulting in ineffective management. …
Read moreCelsius Network's Revival Plans Include $450M Funding, Aims to Begin Repaying Users by Year-End
October 3, 2023
Celsius Network, a bankrupt cryptocurrency lending firm, is planning its comeback. During the company's bankruptcy proceedings, the legal counsel for Celsius, Christopher S. Koenig, revealed that the relaunch is intended …
Read moreChainalysis and Chia Network Cut Staff Amid Tough Market Conditions
October 3, 2023
The blockchain analytics firm Chainalysis and blockchain platform Chia Network have both laid off a significant portion of their workforce due to challenging market conditions in the cryptocurrency sector. Chainalysis, …
Read moreCrypto News Update: Bitcoin and Solana Soar, Ethereum Struggles Amid Market Resurgence
October 3, 2023
In recent development, crypto investment products have ended a six-week draught with reported net inflows of $21 million. While top cryptocurrencies like Bitcoin captured most of these inflows, emerging coins …
Read moreUnderstanding Fund Tokenization & Real-World Asset Integration on Ethereum
October 3, 2023
Recently, global banking giant UBS has begun a live pilot for tokenizing its Variable Capital Company (VCC) fund on the Ethereum blockchain. This move falls under Project Guardian, an initiative …
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