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What Are Rollups? Ethereum’s Main Scaling Solution Examined

20.9.2023
Rollups are structures that have been designed as a way of scaling Ethereum’s capacity to process transactions and data. They group a bunch of tasks and compute them offchain, only posting the result of these transactions to Ethereum, allowing more data to be piled up on L1 (layer one)....

Criminals more reliant on cross-chain bridges than ever after mixer crackdowns

20.9.2023
The sanction of cryptocurrency mixer Tornado Cash in August caused the first major shift, but that is now accelerating even faster than projected

Blockchain Data Visualization Startup Bubblemaps Secures $3.2M in Seed Funding

19.9.2023
Paris-based Bubblemaps, a firm specializing in blockchain data visualization, announced on Monday that it had secured $3.2 million in seed funding from a group of investors. Bubblemaps stated that the newly acquired funds would be directed toward a mission to increase access to blockchain data...

Ant Group Reportedly Plans Withdrawal from $100 Million Crypto Venture A&T Capital

18.9.2023
The Chinese fintech giant Ant Group is in the process of withdrawing its investment from the $100 million A&T Capital fund that was set up to invest in offshore crypto projects, Bloomberg reported today. A&T played a central role in Ant Group's foray into crypto space. A&T Capital has invested...

3 steps crypto investors can take to avoid hacks by the Lazarus Group

17.9.2023
The Lazarus Group has mastered the art of stealing crypto investors’ assets. Here are a few tips on how investors can protect their portfolios

Elliptic Blockchain Surveillance Firm: North Korean Lazarus Group Theft Spree Reaches $240 Million in 104 Days

16.9.2023
Nefarious North Korean hacking group Lazarus has stolen nearly $240 million in cryptocurrencies in the past 104 days alone. In a report published by blockchain surveillance firm Elliptic, Lazarus has been identified as the perpetrator behind a series of major cryptocurrency hacks in recent months...

Sony Announces Joint Initiative to Create Blockchain for Spearheading Its Web3 Strategy

16.9.2023
Sony Network Communications, part of the Sony Group, entered into a joint initiative to create a blockchain project that aims to serve as the “backbone of global Web3 infrastructure.” The new company, created with Startale Labs, a Web3 development startup, aims to provide...

Gemini legal team accuses DCG of 'gaslighting' Genesis creditors

15.9.2023
Lawyers representing Gemini Trust filed a response in bankruptcy court to Digital Currency Group's plan claiming to offer unsecured creditors a "70–90% recovery"

Crypto Exchange Coinex Pens an Open Plea for Dialogue With the Hacker

15.9.2023
On September 12, 2023, Coinex was hacked, losing an estimated $54 million after hackers removed significant amounts of BTC, ETH, TRX, and other tokens. Three days later, Coinex released an open letter to the hackers, hoping to “build a sincere and open channel of communication.”...

Gemini Blasts DCG and Genesis Bankruptcy Plan, Calling It ‘Misleading at Best’

15.9.2023

Remitano Crypto Exchange Faces Possible Hack, $2.7 Million Withdrawn in Suspicious Transactions

15.9.2023
On September 14, crypto exchange Remitano faced an alarming situation with a suspicious withdrawal of approximately $2.7 million in cryptocurrencies, triggering concerns of a potential security breach. Around 12:45 UTC, Cyvers, a blockchain analytics platform, alerted the crypto community about...

Major Aussie bank takes next step to AUD stablecoin after Chainlink test transaction

15.9.2023
One of ANZ’s banking executives, Nigel Dobson said the bank sees “real value” in tokenizing real-world assets on-chain like the Aussie dollar

North Korean crypto hacks down 80% but that could change overnight: Chainalysis

15.9.2023
Crypto bad actors from the DPRK have stolen $340.4 million in 2023, down from $1.7 billion from the prior year, but that's no reason to feel at ease

Genesis announces winding down of crypto trading services

14.9.2023
In January, Genesis Global Capital announced it would eliminate its crypto spot trading services “voluntarily and for business reasons” without additional details

Bright Horizons: Fideum Group Anchors Spot in Mastercard Lighthouse Elite Program

14.9.2023
PRESS RELEASE. Fideum Group, an ambitious financial aggregator renowned for its commitment to enhancing both retail and institutional client experiences, announced its notable inclusion in the prestigious Mastercard Lighthouse FINITIV 2023 Fall Program. As one of 15 selectees from the Nordic...

Gemini Earn Users Could Recover Almost All Assets as Part of New Agreement – Here’s the Latest

13.9.2023
Gemini Earn users may be able to recover almost all their cryptocurrency holdings as part of a new agreement between Digital Currency Group (DCG) and Genesis. In a Wednesday filing, DCG outlined a proposal that will allow creditors to recover between 70% to 90% of their funds, with a significant...

Lazarus Group Suspected in $54M Coinex Hack Following Recent Stake.com Breach

13.9.2023
The North Korean hacking syndicate Lazarus Group was likely behind the recent Coinex hack on Tuesday, according to onchain analyst Zachxbt. He revealed that the hackers inadvertently connected the funds to the recent Stake.com breach. North Korean Hackers Potentially Net $95M in a Week On Tuesday...