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Bitget surpasses 20M users as wallet integration spurs trading volumes
The platform is now among the four largest cryptocurrency exchanges by trading volume after integrating with its recently acquired wallet service BitKeep. 619 Total views 2 Total shares Seychelles-based cryptocurrency derivatives exchange Bitget has seen prolific growth in key metrics through the first half of 2023, driven by the integration of a recently acquired self-custodial wallet…

Bitcoin bond still on hold, El Salvador accused of human rights violations
El Salvador’s finance minister believes the ongoing price volatility of Bitcoin means the awaited “Bitcoin bond” won't be launched anytime soon. Meanwhile the country faces a “human rights crisis.” 252 Total views 6 Total shares El Salvador’s finance minister Alejandro Zelaya has said the country will further delay launching its anticipated billion dollar Bitcoin (BTC)…

Indian crypto exchange falls victim to $235M hack
WazirX’s Safe Multisig wallet on Ethereum was compromised, with funds moved and converted to Ether.

The Revival of General Partnerships in the Age of Tokenomics, Part 2
What should be written in a partnership agreement, and how should a general partnership be run? How can an agreement be concluded remotely using the blockchain? Four business models to manage cryptocurrency and cash flows are outlined below.Relations between partnersTo draft a partnership agreement, partners should identify themselves, their shares and membership interests. They need…

Do algorithmic stablecoins have a future as centralized coins are under scrutiny?
Binance’s native stablecoin — Binance USD (BUSD) — was the third-largest stablecoin pegged to the United States dollar, minted by blockchain infrastructure platform, the Paxos Trust Company, through a transfer of technology agreement between the two firms. However, on Feb. 13, the New York Department of Financial Services ordered Paxos to stop minting any new BUSD…

Cryptocurrency Mining Firm Argo Blockchain Increases its Hashrate
Cryptocurrency mining firm Argo Blockchain is reportedly increasing its hashrate as the company’s stock price soars.An aggressively expanding mining firmUnited Kingdom-based business news outlet ProactiveInvestors reported on Aug. 27 that crypto mining company Argo Blockchain is expanding its mining capabilities after its stock price registered a sharp increase in the past months. Per the report,…

Galaxy Digital hires veteran hedge fund executive as new CFO
Tony Paquette will reportedly assume the chief financial officer position as Alex Loffe transitions into a new role.

White Hat Hackers Earn $32,000 for Finding Crypto Security Exploits in Last Two Months
White hat hackers have earned $32,000 in bounties over the last two months by reporting security holes in crypto and blockchain projects, according to a report by Hard Fork on May 20.This lump sum of over $30,000 was distributed by 15 firms from March 28 to May 16 and documented in 30 public bug reports,…