KPMG to help US crypto firms uphold reporting standards
KPMG formed a strategic alliance with Cryptio to help crypto firms in the United States adhere to GAAP compliance, enhancing accounting and reporting practices.
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HTC, Alibaba Join $3M Investment in Blockchain Property Rights Startup
Taiwanese blockchain digital property rights startup Bitmark has secured $3 million in a funding round led by Taiwan’s electronics giant HTC.Specializing in securing digital property rights through blockchain technology, Bitmark will use the investment to expand its sales and marketing efforts, according to a press release published on Sept. 3.Other investors include Alibaba, DCG and…
Who was front-running Binance users?
On Jan. 26, a Medium article revealed that an entity with control over multiple Ethereum addresses had consistently purchased cryptocurrencies prior to their listing on Binance, selling them for a million-dollar profit after the event.The article refers to 16 cases from an on-chain analysis perspective, demonstrating how the mysterious entity was aware of Binance listings…
Consensys acquires Wallet Guard to enhance MetaMask security
Consensys integrates Wallet Guard to boost MetaMask’s security, aiming to drive user fund losses to zero amid rising Web3 threats.
FTX blocks Aztec Network privacy DApp, calling it a ‘high risk’ mixer
Some users took to Twitter to bemoan what some are calling a continuing attack on privacy in the wake of the U.S. Treasury Dept.’s action against Tornado Cash. 285 Total views 33 Total shares FTX has reportedly begun blocking accounts that have sent coins through zk.money, a private layer-2 chain provided by the Aztec Network…
Plaintiffs file for Dave Portnoy’s dismissal from SafeMoon lawsuit
Barstool Sports founder Dave Portnoy highlighted that he told people that the project may be a scam before he made his investment. 504 Total views 6 Total shares SafeMoon investors are letting Barstool Sports founder Dave Portnoy off the hook as the plaintiffs filed for his dismissal from the lawsuit against him for allegedly promoting…
Blockchain Exec Says Decentralized Platforms Won’t Necessarily Replace YouTube
While decentralized platforms provide a viable alternative to YouTube, Theta Labs' Wes Levitt believes there is still a place for centralized platforms. YouTube’s bans on crypto-related content has been problematic for the industry and is spurring demand for decentralized alternatives.However, according to Wes Levitt, head of strategy at Theta Labs — the firm behind Theta.tv…
Bitcoin beats out shorts as BTC price attempts to crack $20.5K
Bitcoin (BTC) reclaimed and held $20,000 into Oct. 6 as the latest rebound punished short speculators.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBitcoin preserves "important" $19,600 zoneData from Cointelegraph Markets Pro and TradingView showed BTC/USD bouncing from local lows of $19,740 on Bitstamp around the Oct. 5 Wall Street open.The pair then reversed prior losses, leading…
Moonbirds will store NFT art ‘in chain’ — Raises $50M in Series A funding
PROOF, the private community behind the Moonbirds NFT collection, has announced it is shifting its blue-chip collection completely “in chain” — allowing images to be fully contained within the underlying smart contract. In a community live stream named “Future PROOF” on Aug. 30, Harri Thomas, director of products at PROOF explained that the new approach will…