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Mixin’s $20 Million Plea: Platform Transmits Onchain Bid to Reclaim Stolen Assets
27.9.2023
After a cyberattack resulted in a staggering $200 million loss from the decentralized exchange (dex) platform Mixin, the company revealed that its cloud service provider had been compromised. In a bid to recover the stolen funds, Mixin is now extending a $20 million reward to the hacker upon...
Label Foundation Joins Hands with LG Electronics for ‘Tracks’ Music Streaming Service
25.9.2023
PRESS RELEASE. The Label Foundation recently announced an agreement with global electronics giant, LG Electronics, to launch ‘Tracks’, an innovative Web3 music streaming platform, which will be soon available on the latest version of LG Smart TVs. Positioning itself as a leading Life...
Game Pass je destruktivní a má málo předplatitelů, řekl šéf PlayStationu
25.9.2023
Součástí obřího leaku Microsoftu byla i prohlášení Jima Ryana, šéfa Sony Interactive Entertainment, který se domnívá, že konkurenční předplatné Game Pass škodí celému průmyslu. Připomněl také, že základem byznysu zůstanou graficky vymakané příběhové hry
Breaking: Mixin Network's Cloud Service Provider Hacked, $200 Million in Funds Affected
25.9.2023
Mixin Network has revealed that the database of its cloud service provider was attacked on September 23, resulting in the loss of a substantial sum of assets on the mainnet.
As per the official announcement, the amount of funds affected in the hack was $200 million.
The incident prompted Mixin...
Mt Gox Repayment Delayed Again: Creditors Await BTC, BCH, and Yen Payments Until 2024
22.9.2023
According to a new update from the Mt Gox trustee, Nobuaki Kobayashi, the repayment deadline for creditors has been pushed to next year. Kobayashi said discussions with banks, fund transfer service providers and designated cryptocurrency exchanges have caused delays, making it impossible to meet...
South Koreans Hold $99B of Digital Assets Overseas: Tax Service
20.9.2023
The crypto held in overseas accounts for about 70% of all assets held outside the country
CoinEX to resume service with new wallet system following $70M hack
20.9.2023
CoinEx has rebuilt its wallet system following a $70 million hack and is set to resume deposit and withdrawals for select cryptocurrencies
Crypto makes up 70% of South Korean overseas assets: National Tax Service
20.9.2023
1,432 individuals and corporations in South Korea have reported holding $98 million in crypto overseas, which is 70% of all reported assets
Some Binance EU Users Find Fiat Withdrawals Cut Off Even Before Paysafe Ends Service
19.9.2023
Binance says Paysafe gave it short notice that a “very small portion” of European users will be subject to an earlier closure before the payments provider pulls support for the exchange on Sept. 25
South Korean Authorities Take Aim at Unregulated Crypto OTC Desks Amid Money Laundering Concerns
19.9.2023
South Korean prosecutors and regulators are directing their attention toward reported issues concerning unregulated cryptocurrency-based over-the-counter (OTC) trading and deposit enterprises. During the third annual prosecutors’ conference, officials proposed the necessity for enhanced...
Citigroup Launches New Blockchain-Powered Tokenization Service for Institutional Clients – A Boost to Crypto Adoption?
18.9.2023
Major US investment banking conglomerate Citigroup has made its first major foray into the world of crypto and blockchains with the launch of a new token service, as the bank looks to leverage distributed ledger technology (DLT) to improve its product offerings....
Read More: Citigroup Launches...
Fully-Insured Crypto Staking Service in the Works by German Finance Leaders
18.9.2023
Boerse Stuttgart Digital, the crypto-focused division of the Stuttgart Stock Exchange, has revealed plans to launch a fully insured cryptocurrency staking service.
Boerse Stuttgart Digital is a subsidiary of the Boerse Stuttgart Group, which calls itself Europe's sixth-largest stock exchange...
Bitcoin Fog Case Challenges Blockchain Analysis; Chainalysis Software Faces Scrutiny in US Court
15.9.2023
Since his arrest in April 2021, Roman Sterlingov, the alleged operator of the crypto mixing service Bitcoin Fog, has been defending his claimed innocence for more than two years. Recent court filings indicate Sterlingov’s legal team is challenging the Reactor software from Chainalysis, which...
Coinbase CEO Urges Defi Protocols to Challenge Regulatory Crackdowns in Court
15.9.2023
The CEO of the cryptocurrency exchange Coinbase has encouraged decentralized finance (defi) protocols to fight regulators in court if they face regulatory crackdowns. He stressed that the Commodity Futures Trading Commission (CFTC) “should not be creating enforcement actions against decentralized...
SMI Vantage Expands Crypto Reach With New Bitcoin Mining Facility in Sarawak
15.9.2023
The Singapore-based investment management and software-as-a-service (SaaS) provider, SMI Vantage, plans to launch a bitcoin mining facility in the state of Sarawak in Borneo, Malaysia. The company has signed a rental agreement and anticipates operations to begin by the end of the third quarter....
Dueling CBDC Bills Heading for U.S. Digital Dollar Debate in Congressional Hearing
14.9.2023
The idea of a digital dollar in the U.S. is so egregious to Republican lawmakers that it’s become a presidential campaign talking point and the subject of multiple bills to strangle it before it takes a first breath. But Rep. Stephen Lynch (D-Mass.) reintroduced a bill Thursday calling for...
Xbox Game Pass Core Reveals All 36 Games Ahead Of Launch
13.9.2023
The full list of 36 games for Xbox Live Gold’s replacement, Game Pass Core, has been revealed a day ahead of its launch. And they’re...they’re really good.Read more
Paypal Offers More Crypto Payment Options for Web3 Merchants in US
13.9.2023
Payment processor Paypal announced it’s introducing on- and off-ramps to facilitate crypto payments for Web3 platforms. Once integrated, merchants in the sector will be able to employ them to expand their user base by connecting to Paypal’s payments system. Paypal Launches On-...
Ethereum Name Service Allegedly Hacked by SiegedSec – Here's the Latest
12.9.2023
A tweet from Dominic Alvieri, a cybersecurity analyst and security researcher, sent shockwaves through the crypto community as it claimed that the Ethereum Name Service (ENS) had fallen victim to a breach, resulting in data being dumped by SiegedSec....
Read More: Ethereum Name Service Allegedly...
PayPal Enhances Crypto Offering with USD Conversion Service
12.9.2023
Payments giant PayPal is expanding its cryptocurrency offerings with the introduction of a USD conversion service.
The new "off ramp" service enables users to seamlessly convert their digital currencies into US dollars, the company said in a recent press release.
With this service, crypto wallet...