Blackrock's Bitcoin ETF flips gold fund
Blackrock’s IBIT ETF now holds upwards of $33 billion in assets, more than the asset manager’s gold fund.
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M2 crypto exchange hacked for $13M, user funds already restored
The industry is still recovering from the $230 million WazirX hack, which occurred less than four months ago.
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GitHub faces widespread malware attacks affecting projects, including crypto
The developer who found the vulnerability requested developers to sign their revisions with the GPG key to ensure all their revisions on the project can be verified. Major developer platform GitHub faced a widespread malware attack and reported 35,000 “code hits” on a day that saw thousands of Solana-based wallets drained for millions of dollars.The…
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Vanuatu Extradicts Six Chinese Citizens Allegedly Involved in Crypto Scheme
Vanuatu, a Pacific Island country, has extradited six Chinese citizens to the mainland, according to a report by Odaily Planet Daily on July 10. The suspects were reportedly arrested in the course of an ongoing investigation of the PlusToken cryptocurrency platform which, according to the Yancheng Public Security Bureau, is a pyramid scheme. As per the report,…
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Animoca Brands leads $7M funding round for Param Labs
The lack of Web3 gaming infrastructure remains the biggest hurdle for mainstream adoption, according to Param Labs' CEO.
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IMF urges Kenya to align crypto laws with global standards
IMF recommends Kenya overhaul outdated regulations, address scams and align its crypto framework with global standards for financial stability.
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BlockFi files for bankruptcy, as many expected, cites FTX collapse for its troubles
The crypto lender was previously "rescued" by FTX following the LUNA stablecoin collapse. 1284 Total views 5 Total shares BlockFi announced on Nov. 28 that it has filed for Chapter 11 bankruptcy. The filing in the United States Bankruptcy Court for the District of New Jersey pertains to the company and its eight subsidiaries. The…
Ensuring integrity of blockchain transactions: Trust through audits
Blockchain auditing is the process of examining and verifying the data and transactions stored within a blockchain network. It focuses on assessing the integrity and accuracy of the information recorded on the blockchain to ensure it aligns with the intended rules, protocols and regulations.Through the audit process, smart contract code is painstakingly examined to identify…
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Gemini legal team accuses DCG of ‘gaslighting’ Genesis creditors
Lawyers representing Gemini Trust filed a response in bankruptcy court to Digital Currency Group’s plan claiming to offer unsecured creditors a “70–90% recovery." Lawyers representing Gemini Trust have pushed back against a plan proposed by Digital Currency Group (DCG) for creditors of Genesis Global.In a Sept. 15 filing in the United States Bankruptcy Court for