Binance recovers $73M in stolen funds, surpassing 2023 security efforts

The Lummis-Gillibrand Payment Stablecoin Act is a step in the right direction, but enactment in an election year may be difficult.

Senators Elizabeth Warren and William Cassidy say crypto has played an “increasingly prominent role” in the fentanyl industry.

A European Central Bank (ECB) official highlighted the benefits of central bank digital currencies (CBDC) while stressing caution in a speech published by the Bank of International Settlements on May 27.Vitas Vasiliauskas — Chairman of the Board of the Bank of Lithuania and a member of the Governing Council of the ECB — delivered his…

Cryptocurrency giant Binance plans to roll out its over-the-counter (OTC) trading platform for Chinese yuan in October.Chinese market targetsYi He, Binance co-founder and chief marketing officer (CMO) announced the news at a media session on Sept. 17, as Binance confirmed to Cointelegraph on Sept. 19.According to the CMO, Binance’s new OTC onramp is scheduled to…

A number of projects introduced potential scaling solutions prior to Reddit’s July 31 deadline. Most contest participants are existing developers of Layer 2 solutions for Ethereum. The majority of entrants seem to have tweaked their existing technologies to accommodate Reddit’s demands.The terms of the challenge stipulate that proposed technologies should be able to handle “100,000…

Fidelity Crypto will focus on Bitcoin and Ether initially. The brokerage will make money by charging a 1% spread on trades. 173 Total views 2 Total shares Fidelity Investments is expanding retail access to commission-free cryptocurrency trading services — a move designed to recognize growing mainstream interest in digital assets. According to CNBC, Fidelity’s new crypto…

Craig Wright and Roger Ver are finally in the same jurisdiction. Craig Wright, a self-proclaimed creator of Bitcoin (BTC), is reportedly continuing to file more defamation suits against perceived rivals, despite none of his previous attempts turning out to be successful.On Aug. 25, Wright filed a libel suit against major industry figure, Roger Ver, with the…

Bots abound. 1729 Total views 16 Total shares Ethereum may be vulnerable to frontrunners according to Dan Robinson, a research partner with the crypto-asset investment firm Paradigm. Robinson said in a blog post, the design of Ethereum’s mempool, or a set of unconfirmed transactions, is where the vulnerability lies. He said arbitrage bots monitor pending transactions…

Airline passengers can get rewards such as flight upgrades or airport lounge access after completing NFT collections. 89 Total views 2 Total shares Lufthansa, one of the largest airline groups in Europe, has launched its nonfungible token (NFT) loyalty program on the Polygon Network. The program will allow passengers to turn their trips into NFTs