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Ex-Employee Alleges Firm's Error to be Behind Dramatic Bitcoin Drop in 2021

September 21, 2023

An error by an employee of Alameda Research, a trading firm, is said to have caused Bitcoin's price to drop by 87% on Binance.US in 2021, according to a former …

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UK's Financial Regulator Issues Final Warning to Crypto Firms on Upcoming Compliance Deadlines

September 21, 2023

The Financial Conduct Authority (FCA), the UK's financial markets regulator, has issued a stern warning to cryptocurrency firms about the upcoming financial promotions regime due to start in October. The …

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Binance's Stablecoin Delisting Concern Raises Questions Over MiCA

September 21, 2023

Binance's CEO, Changpeng Zhao has dismissed recent reports stating that his cryptocurrency exchange is planning to delist stablecoins for European users in preparation for the forthcoming Markets in Crypto Assets …

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Web3 Gaming Firm 'Proof of Play' Secures $33 Million in Seed Funding

September 21, 2023

Web3-based gaming company 'Proof of Play', helmed by Farmville's co-creator Amitt Mahajan, has successfully raised $33 million in a recent seed funding round. The raised capital will be used to …

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Near Foundation CEO Marieke Flament Steps Down

September 21, 2023

Marieke Flament, CEO of Near Foundation, which plays an integral role in developing the Near Protocol, has announced her resignation. Chris Donovan, Near Foundation's General Counsel, will assume the role …

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Billionaire-Backed CoinScan Secures $6.3M in Funding, Aims to Revolutionize Crypto Analytics

September 21, 2023

Crypto analytics platform CoinScan has secured $6.3 million in a funding round. Among the backers is Shalom MecKenzie, the largest private shareholder in sports betting company DraftKings. CoinScan offers a …

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25-year-old Footage Reveals Bitcoin Pioneer Hal Finney's Insights on Zero-Knowledge Proofs

September 21, 2023

Recently discovered footage from an annual cryptology conference dating back 25 years documents early Bitcoin pioneer, Hal Finney, elaborating on the concept of zero-knowledge (ZK) proofs. This discussion reportedly took …

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IMX Token Experiences Sudden Price Surge, South Korean Traders Lead the Charge

September 21, 2023

The IMX token, a product of the NFT Platform ImmutableX, experienced an impressive rise in value, with the rate exceeding 30%. The surge was mainly driven by an unexpected increase …

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Tether Reasserts Stability Amid Loan Controversy

September 21, 2023

Despite facing concerns over short-term loan services, stablecoin issuer Tether (USDT) has quietly resumed its secured lending services this past year. Observations from its most recent quarterly financial update reveal …

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Balancer Recovers from DNS Attack, Reclaims Control of Domain

September 21, 2023

The decentralized finance (DeFi) protocol, Balancer, successfully reclaimed its domain after a Domain Name Service (DNS) attack led to a loss of roughly $240,000. The attack was carried out by …

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