$600M XRP token release to bring August crypto unlocks to $1.5B
The month of August is shaping up to be a big month for token unlocks, with just shy of $1.5 billion in tokens being released to the market.
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Lazarus Group exploited Chrome vulnerability with fake NFT game
The North Koreans invested great effort in creating and promoting the game that apparently drained users’ wallets.

Mukesh Ambani’s Jio taps Polygon Labs for blockchain upgrades
Reliance Jio will collaborate with Polygon Labs to bring blockchain innovations to its 450 million users in India.

FTX argues releasing ‘valuable’ customer list will harm its sale value
Releasing the nine million-strong list of customers would “impair” the ability to maximize value for FTX creditors, a banker for the exchange said. 46 Total views 1 Total shares The list of around nine million FTX customers is “extraordinarily valuable” and could harm the crypto exchange’s sale value if released, a member of the FTX…

Anti-Human Trafficking Agency Traces Crypto to Fight Modern-Day Slavery
Cryptocurrency could be a game-changer for combating crime, a notion illustrated by CipherTrace’s newly formed partnership with the Anti-Human Trafficking Intelligence Initiative (ATII). CipherTrace, a leader in blockchain security, has announced that it will join forces with ATII to use crypto analytics to advance the organization's goal of combatting global human trafficking.Pamela Clegg, CipherTrace's director…

UAE Flight Attendant Faces Jail Over $100K Crypto Loan Default
A former Etihad Airlines flight attendant says he faces up to three years in jail in the United Arab Emirates (UAE) for being unable to make installments on a $100,000 loan he took out to invest in crypto around the all time high. Reddit user Crypthomie, identified only as a 34-year-old man who is not an…

‘Rich Dad Poor Dad’ Author Says Gold, Silver, and Bitcoin Lie Outside the System
Millionaire businessman and author of the book Rich Dad Poor Dad, Robert Kiyosaki, mentioned Bitcoin (BTC) numerous times in a podcast interview with Morgan Creek Digital co-founder, Anthony Pompliano, referring to the asset as an escape.“The reason I endorse Bitcoin is because is just for one frickin reason — you’re not part of the system,”…

Jack Dorsey warns that FinCEN regulations will drive crypto users offshore
Major U.S crypto firms are united in opposition to new AML laws proposed by FinCEN, warning they could drive users away from regulated platforms and stifle innovation. 890 Total views 5 Total shares Major U.S crypto firms are rallying against FinCEN’s proposed regulations that would force businesses operating with crypto to gather information on the…

mBridge CBDC project preparing for new members, launch of minimum viable product
The project now includes central and commercial banks of China, Hong Kong, Thailand and the UAE. Future new members were not identified. 89 Total views 3 Total shares Project mBridge may soon see significant expansion, according to Hong Kong Monetary Authority (HKMA) CEO Eddie Yue. He outlined the plans for the central bank digital currency