Industry
Exploit Concerns Arise as Multi-chain MPC Bridge Outflow Exceeds $100M
Concerns have arisen over a potential multi-million dollar breach following an unusually large outflow of funds from a multi-chain MPC bridge platform.Sherry CantwellReviving Bitcoin's 'Builder Culture': Vitalik Buterin's Insights Resonate
During a Twitter Space session on July 7, Vitalik Buterin, co-founder of Ethereum, expressed his view that the implementation of the sequence number in BitcoinBarry StidhamBitcoin's Q2 Volume Surges to $210 Million - DappRadar Reveals Impressive Growth
According to DappRadar's latest quarterly report, the Bitcoin Ordinals have generated over $210 million in transaction volume, signaling a significant surge in blockchain activity.Craig GreenRegulatory Raid: Binance Australia Office Reportedly Targeted by Local Authorities
Binance Australia is cooperating with local authorities as it strives to comply with regulatory standards following reports of a raid on its offices on July 4.Christopher SmithSouth Africa Set to Issue Cryptocurrency Trading Licenses by 2023- Boosting Market Growth
South Africa's Financial Sector Conduct Authority (FSCA) has announced that all cryptocurrency exchanges operating in the country must obtain a license by the end of the year,Cornell RachelSeeking Clarity: The Urgent Need for Crypto Lending Regulations
The leader of a UK law committee review focusing on the application of UK law to digital assets has emphasized the need for more clarityMartha GrizzardIndia Engages in Global Talks for Cross-Border CBDC Payments
The Reserve Bank of India (RBI) is engaging in discussions with central banks from at least 18 countries to explore the potential use of its central bank digital currency (CBDC),Wayne IngramUAE Free Zone Collaborates with HBAR Foundation to Empower Web3 Startups
RAK Digital Assets Oasis (RAK DAO), a free zone in the United Arab Emirates (UAE) dedicated to cryptocurrency companies, has entered into a Memorandum of Understanding (MOU) with the HBAR Foundation.Hallie GillDenmark Orders Saxo Bank to Erase Crypto Assets: Regulatory Crackdown Ensues
Denmark's financial watchdog, the Danish Financial Supervisory Authority (DFSA), has taken action against cryptocurrency service providersJerry McNeillNasdaq Resubmits Valkyrie's Bitcoin ETF Application with Coinbase as Monitoring Partner
Valkyrie, a cryptocurrency fund manager, has filed an application for a spot bitcoin exchange-traded fund (ETF) in the United States.Sherry CantwellIMF Targets Crypto Asset Taxes, Yet Proposals Remain Scarce
The International Monetary Fund (IMF) acknowledges that governments have not fully addressed all taxation issues related to cryptocurrencies,James DeanIsrael's First Step: Bill Exempting Foreigners from Crypto Taxes Gains Momentum
A bill offering tax exemptions and other benefits to holders of digital assets has passed its first reading in the Israeli parliament.Barry StidhamUAE Embraces Bitcoin Mining: A Middle East Hub for Cryptocurrency
The United Arab Emirates (UAE) is emerging as a preferred destination for Bitcoin mining in the Middle East, solidifying its position as a pro-Web3 country.Craig GreenEU Blockchain Sandbox Unveils Top 20 Use Cases: A Wave of Innovation
After a lengthy wait and the receipt of nearly 90 applications in April, the first blockchain use cases within the European regulatory sandbox were officially launched on July 3.Cornell RachelCanadian Regulator Clarifies Stance on Crypto Collateral and Investment Fund Lending
The Canadian Securities Authority (CSA), Canada's chief financial agency, has expressed its confidence in a regulated cryptocurrency futures market that enables better price discovery.Martha GrizzardOpenAI Halts ChatGPT's Bing Feature Amid Paywall Circumvention Concerns
OpenAI temporarily disabled the browsing feature of ChatGPT, a Bing-based search engine, due to a bug that allowed users to bypass paid content.Hallie GillCuban vs. Stark: Clash Over FTX's Failure Unveils Diverging Perspectives
Billionaire entrepreneur Mark Cuban and ex-securities official John Reed Stark are once again engaged in a disputeJerry McNeillEncrypted Twitter's Exposure Reduced as Rate Limiting Slashes Google Visibility
The Recent Rate Limit Imposed by Twitter has been a significant impact on the indexing and display of tweets on Google's Search Engine, Resulting In Limited VISIBILITY of Information Shared on the Microblogging Site.James DeanAI-Infused Music Eligible for Grammy, Says Recording Academy CEO
The Grammys have clarified that AI-generated music will be eligible for the award starting in 2024,Barry StidhamCFTC Investigators Conclude: Former Celsius CEO Mashinsky Found in Violation of US Rules
According to sources familiar with the matter, investigators at the Commodity Futures Trading Commission (CFTC) have reportedly concluded that CelsiusChristopher Smith
