Coinbase-backed Truflation confirms hack, estimated around $5M

Cryptocurrency exchange Bitfinex deployed its proprietary market surveillance tool to combat market abuse on the platform called “Shimmer.”According to an announcement shared with Cointelegraph on March 24, Shimmer is meant to identify and investigate possible manipulative behaviours and suspicious trading on Bitfinex. The exchange expects that the integration of the tool with its matching engine…

OpenAI’s future remains uncertain as employees threaten a walkout over the firing of former CEO and co-founder Sam Altman. OpenAI’s decision to fire CEO Sam Altman may have put the company’s future in jeopardy. Reportedly, a lion’s share of its employees have threatened to walkout unless the ousting is reversed. Complicating matters further, a number of

As part of 3AC's bankruptcy proceedings, over 300 NFTs from Starry Night Capital were moved this week. 80 Total views 3 Total shares Teneo, the liquidation firm in charge of the Three Arrows Capital (3AC) bankruptcy process, confirmed in a statement to Cointelegraph on Oct. 5 that it has custody of the NFTs moved from…

The main challenge companies face when testing and implementing innovative technologies is the need to amend existing legislation. Developing and testing new products based on distributed ledger technology requires special conditions that are often inconsistent with existing regulations.The solution to this problem would be the introduction of a special “regulatory sandbox” regime. It means the…

Bermuda Premier David Burt said that 24 Exchange’s regulatory approval is the “first license of its kind to be issued in Bermuda.” 116 Total views 1 Total shares A multi-asset class trading firm in Bermuda has secured major regulatory approval allowing it to offer cryptocurrency trading services.Over-the-counter trading platform 24 Exchange has acquired a “Class…

"I didn't worry too much. I knew the developer team, the community supporting Neo wasn't going to quit," said Neo investor Lucas. 664 Total views 33 Total shares It's been a wild ride for Neo investors in the past few years, especially as China began to incrementally introduce harsher crypto regulations applicable to the project, which has…

Aminhossein “Amin” Rad runs an over-the-counter trading desk in Dubai, United Arab Emirates. Searching for a business after dropping out of university, he started to style himself as a Bitcoin broker in 2016. Starting with his first deal after five months of wading through scammers and tire-kickers, Rad went on to found Crypto Desk, a…

Polygon, formerly known as Matic, offers 1inch Network more capabilities, including higher throughput and access to large liquidity pools. 9171 Total views 24 Total shares 1inch Network, a leading decentralized exchange aggregator, has officially expanded to Polygon — a move that opens up additional liquidity sources on Curve, SushiSwap, QuickSwap, Aave V2 and Cometh.1inch announced Thursday…

Despite the so-called FUD, Changpeng Zhao said in reality, the crypto industry has scored a number of massive wins in recent weeks. 150 Total views 2 Total shares Binance co-founder and CEO Changpeng ‘CZ’ Zhao has hosed down recent rumors against his firm, assuring its balance sheet and employee retention remain robust, despite the recent