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.
