German authorities have taken a step in combating cybercrime by closing 47 crypto exchanges as part of the “Operation Final Exchange.” These platforms are accused of enabling cybercriminals to launder illicit funds on a large scale by failing to comply with anti-money laundering regulations. The crackdown is now extending to potential criminal users of these platforms. Did…
Homepage > News > Business > Binance denies WazirX ownership, can’t deny CZ’s ownership Binance denies any responsibility for making WazirX customers whole, while questions remain about how much responsibility Binance’s founder will have for its actions once he’s released from custody. On September 18, the suspected North Korean hackers behind the July 18 exploit…
Mask Network Acquires Decentralized Identity Platform Nametag to Enhance Digital Identity Solutions In a strategic move to solidify its position in the decentralized identity sector, Mask Network has announced its acquisition of Nametag, a prominent decentralized identity platform. The acquisition, which was officially shared via Mask Network’s Medium post on September 20, 2024, aims to…
Blockchain storage layer Xandeum has announced that it will reveal its blueprint for scaling Solana storage at Breakpoint 2024 on September 20, 2024. At the flagship Solana conference in Singapore, Xandeum will also share details of its new storage-enabled liquid staking program and officially announce the launch of the XAND token. Designed to overcome the…
The official YouTube channel of the Supreme Court of India was hacked and used to push a fake XRP crypto scheme. On September 20, the hackers wiped all existing videos, renamed the channel to Ripple, and altered its URL to make it appear authentic to viewers. They then broadcasted videos featuring deepfakes of Ripple Labs CEO Brad Garlinghouse,…
Solana Mobile unveiled its next Web3 Phone, the successor to the Solana Saga, its first product. The phone, referred to previously as “Chapter 2,” is now called the Seeker, and has been confirmed to feature a 6.36” display, with 128GB of storage and 8GB of RAM, “a longer battery” and two cameras. The phone will…
Around 250 BTC from the early days of Bitcoin, known as the “Satoshi era,” were transferred on Friday in five separate transactions, each moving around 50 BTC to new wallets. The total value of the transfers was close to $16 million. The coins were originally mined in January 2009, just months after Bitcoin’s launch, and…
Homepage > News > Business > Nigerian think tank, Soramitsu partner on blockchain study A Nigerian government think tank has partnered with Japanese enterprise blockchain firm Soramitsu to expand blockchain research in the West African nation. Soramitsu announced the collaboration with the Nigerian Institute of Social and Economic Research (NISER) this week, describing it as “a knowledge-industry…
Speaking at Token2049 in Singapore, rapper Iggy Azalea shared her thoughts on how celebrities can thrive in Web3 through meme branding. “If you’re going to be a first mover in memecoins, it would be smart to have a different angle from a tokenized version of a meme,” she said during her panel. Azalea entered the memecoin sphere…
In a turn of events, the US Securities and Exchange Commission (SEC) has requested a court extension on its time to complete the fact discovery requirements for the lawsuit against Coinbase. The extension seeks to delay the deadline by four months, setting the new date after the US elections. SEC Requests Extension For Fact Discovery…