The development follows the default of a $5 million loan on Goldfinch made to an African robotaxi company. Source link
The astrology-themed NFT project Lucky Star Currency (LSC) has performed an exit scam for over $1 million, according to an October 9 report from blockchain security firm Certik. The project’s deployer account called the ‘withdrawToken’ function on both the...
Gary Wang, a key witness for prosecutors in the trial of his former partner, Sam Bankman-Fried (SBF), revealed that he and SBF committed multiple financial crimes related to their oversight of the now-bankrupt crypto exchange, FTX. This admission, according...
Whales are some of the most relevant entities in the Bitcoin market because of their potential influence on the Bitcoin price through large-volume transactions. Investors and traders often look out for whale transactions, which can trigger a domino effect...
The newest viral application launched nearly a week ago and quickly gained a cult following. Source link
Top Stories This Week Opening arguments begin in Sam Bankman-Fried trial The trial of former FTX CEO Sam “SBF” Bankman-Fried kicked off on Oct. 4 in New York after jury selection began the previous day. Assistant United States Attorney...
Ahead of the implementation of the UK’s newly updated Financial Promotions Regime, Binance has unveiled a dedicated domain for its users in the UK. The crypto exchange has partnered with Rebuildingsociety.com Limited, a Financial Conduct Authority (FCA) regulated firm...
Solana (SOL), a layer 1 proof-of-stake blockchain, has introduced version 1.16, which enhances user privacy through “Confidential Transfers.” This update includes encrypted Solana Program Library (SPL) token transactions, ensuring confidentiality rather than anonymity. The adoption of version 1.16 by...
I have spent the last two years writing a new book, “Web3: Charting the Internet’s Next Economic and Cultural Frontier,” shining a light on the ways in which citizens, entrepreneurs, creators and business leaders are being impacted by Web3....
The Canadian Securities Administrators (CSA) has provided guidance to exchanges and cryptocurrency issuers on its interim approach to what it calls value-referenced crypto assets, with a particular focus on stablecoins. On Oct. 5, the umbrella organization of Canada’s provincial...