Labour victory in UK elections renews crypto industry optimism
The Labour Party has promised to make the UK “a global leader in tokenization.”
Related Posts


New York District Judge Rules That CFTC Can Permanently Ban Crypto Firm
The U.S. Commodities Futures Trading Commission (CFTC) has won a court order to permanently bar the operator of the New York-based firm CabbageTech Corp. for cryptocurrency-related “bold and vicious fraud,” Bloomberg reported August 24. Earlier this year, Patrick McDonnell, cryptocurrency promoter and operator of CabbageTech Corp., was charged with “fraud and misappropriation in connection with…

Deutsche Bank builds L2 blockchain on Ethereum: Bloomberg
Deutsche Bank is building a layer-2 blockchain on Ethereum using ZKsync to enhance compliance in regulated finance.

Binance’s indecision to freeze BNB wallets drew controversy in this $11M rug pull
A BNB Chain rug pull scams users out of $2 million ($11 million at today's BNB prices). Users ask Binance for help. Binance says it has frozen the funds but then retracts the statement. The funds sat in the address for nearly two years when Binance suddenly took action to freeze the scammer's wallet, which

FOMC versus BTC price ‘local bottom’ — 5 things to know in Bitcoin this week
Bitcoin (BTC) starts the new week with optimism as traders greet the first green weekly candle in over a month.BTC price strength appears to be gradually improving after a weak August and start of September, with BTC/USD climbing toward $27,000.A solid weekly close provides the backdrop to what promises to be an interesting few days

DeFi ‘circuit breaker’ could slash hack losses by 70%: Finance Redefined
Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you the most significant developments from the past week.Amid the growing number of hacks in the DeFi ecosystem, a smart contract developer has made a new Ethereum request for comment (ERC) proposal to introduce a circuit…

Report: North Korea-Sponsored Hacks Comprise 65 Percent of Total Crypto Stolen
Hacker group “Lazarus,” reportedly funded by North Korea, has stolen a staggering $571 million in cryptocurrencies since early 2017, a study conducted by cybercrime company Group-IB reveals. Key takeaways from the study were published Tuesday, Oct. 16, alongside the full annual report, entitled “Hi-Tech Crime Trends.”The report, dedicated to hacks in 2017 and 2018, identifies…

Do Kwon and Terraform Labs ask judge to toss SEC’s lawsuit
Do Kwon, the co-founder now-collapsed Terraform ecosystem maintains he and his firm did not skirt U.S. securities laws. 168 Total views 2 Total shares Terraform Labs co-founder Do Kwon has requested a United States district judge to reject the securities and fraud suit from the federal securities regulator, claiming it has failed to prove they

Alameda sent $4.1B of FTT tokens to FTX before crash: Nansen report
Nansen analysts observed “unusual transactions between FTX and Alameda” in the days leading up to FTX’s bankruptcy. 478 Total views 4 Total shares Blockchain data analysts from Nansen have revisited the days leading up to the collapse of FTX, including the transfer of $4.1 billion worth of FTT tokens between the exchange and Alameda Research.A