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Sept. 16, 2024
Crypto Biweekly Roundup: Security Breaches, Partnerships, and Regulatory Moves
By: Isha Das
WazirX Heist Sparks Concerns Over Customer Fund Recovery
- Hackers stole over $230 million from WazirX, causing concerns about fund recovery for users.
Binance CEO Condemns Nigeria For Inhumane Treatment Of Detained Executive
- Binance CEO criticizes Nigerian government for the treatment of a detained executive.
Metaplanet Partners With SBI For Enhanced Bitcoin Custody and Trading
- Metaplanet teams up with Japan's SBI for Bitcoin trading and custody services.
SEC Potentially Opposes FTX Estate's Plan to Pay Creditors in Stablecoins
- SEC expresses reservations about FTX’s proposal to pay creditors using stablecoins.
Cardano's Change Hard Fork Signals New Era in Blockchain Governance
- Cardano's successful hard fork marks a new era of decentralized governance.
Bitcoin Faces $305 Million Outflows Amid Strong U.S. Economic Data
- Bitcoin sees significant outflows influenced by U.S. economic conditions.
Matter Labs Restructures Amid Ethereum Scaling Pressures
- Matter Labs undertakes restructuring as it faces challenges in Ethereum scaling.
VC Funding For Crypto Startups Soars To $634M In August
- VC funding for crypto startups shows substantial growth.
Binance Executive Seeks Bail Amid Deteriorating Health Issues in Nigeria
- Detained Binance executive requests bail due to health issues.
Bitcoin ETFs Witness Significant Outflows, Largest Since May
- Bitcoin ETFs see major outflows, highlighting a retreat from Bitcoin investments.
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US Bitcoin and Ethereum ETFs Witness Record Outflows Breaking Streak
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