Markets
Polygon Zero Alleges Plagiarism by Matter Labs Developers
Polygon Zero, the zero-knowledge extension division of Polygon, has accused Matter Labs developers of copying a significant amount of source code from its Plonky2 library,Cornell Rachel10% Bug Bounty Offered by Curve, Metronome, and Alchemix for Vyper Hack
Decentralized finance (DeFi) platforms Curve, Metronome, and Alchemix have collaboratively unveiled a strategy to recover the funds pilfered in the recent breach ofWayne IngramBlockFi's Chapter 11 Plan Progresses With Conditional Court Approval
BlockFi's reorganization process is making steady progress, as the US Bankruptcy Court of New Jersey has given conditional approval to the company's disclosure statement.Craig GreenX (formerly Twitter) Introduces Option to Hide Blue Checkmark for Subscribers
Twitter's subscription service, known as "X," has introduced an option for users subscribed to the "Blue" service to hide the checkmark badge on their profiles.Wayne IngramOman Seeks Feedback on Virtual Assets Framework
Oman is poised to introduce its own regulations for virtual assets, and its financial markets regulator is inviting public input on its proposed framework for overseeing digital assets like cryptocurrencies.Barry StidhamSEC Freezes $50M DEBT Box Assets Over Alleged False Node Licenses
The US Securities and Exchange Commission (SEC) has taken legal action against Digital Licensing Inc., a cryptocurrency firm based in Utah, accusing it of orchestrating a fraudulent cryptocurrency scheme worth $50 million.Martha GrizzardAccused Money Launderer Confesses to 2016 Bitfinex Hack
Ilya Lichtenstein, one of the individuals implied in allegedly laundering billions of dollars worth of cryptocurrencies, has reportedly confessed to orchestrating the 2016 hack of the cryptocurrency exchange Bitfinex.Wayne IngramSamsung and Hyundai Inject $100M into AI Chip Developer for Breakthroughs
On August 3, Tenstorrent, an artificial intelligence (AI) chip developer, revealed the successful closure of a $100 million funding roundChristopher SmithBinance Introduces Zero-Fee BTC/FDUSD and ETH/FDUSD Trading Pairs
Binance, a prominent cryptocurrency exchange, revealed its plans on August 3 to introduce trading pairs for Bitcoin/First Digital Dollar (BTC/FDUSD) and Ether/First Digital Dollar (ETH/FDUSDMartha GrizzardHuobi Dujun Boosts Curve with 10 Million CRV Token Investment
Du Jun, co-founder of Huobi, has acquired 10 million Curve DAO tokens (CRV) for $4 million from Curve Finance founder Michael Egorov.Wayne IngramCore Scientific Appoints New CEO Amid Restructuring
Adam Sullivan has ben appointed as the CEO of Core Scientific, a publicly traded bitcoin (BTC) mining company. Sullivan, who previously selrm's pol SIDENT,Jerry McNeillBendigo Bank Blocks Risky Payments to Crypto Exchanges
Bendigo Bank in Australia has become the fourth major bank in the country to announce a ban on "high-risk cryptocurrency payments"Craig GreenBNB Smart Chain: $73,000 Loss from Copycat Vyper Attack
The BNB Smart Chain (BSC) experienced a copycat attack that exploited a vulnerability in the Vyper programming language,Jerry McNeillAI-Generated NFT of 99-Year-Old Artist Sells for $1.2M
In collaboration with Martin Grasser, Hungarian artist Vera Molnár's computer-generated non-fungible token (NFT) collection,Craig GreenJuly Crypto Market: $486M Loss, Largest since 2022
In July 2023, the cryptocurrency market experienced its worst month, with reported losses totaling $486 million, more than six times the losses seen in the entire year of 2022.Cornell RachelPhoenix Technology Contemplates UAE IPO Amid Crypto Mining Boom
Cryptocurrency mining hardware provider Phoenix Technology is reportedly in discussions for an initial public offering (IPO) in the United Arab Emirates (UAE),Sherry CantwellGrayscale Pushes for Simultaneous Approval of All Bitcoin ETFs by SEC
Crypto fund manager Grayscale has urged the US Securities and Exchange Commission (SEC) to approve all proposed spot bitcoin exchange-traded funds (ETFs) simultaneously,Martha GrizzardSequoia Slashes Crypto Fund by 66% Following Industry Crash
Sequoia Capital, a prominent venture capital firm, has reportedly downsized its cryptocurrency fund from $585 million to $200 million due to liquidity challengesWayne IngramMakerDAO Raises DAI Yield: Boosting Demand in DeFi
The MakerDAO community approved a proposal on July 27th to introduce the Enhanced Dai Savings Rate (EDSR),Jerry McNeillSmart Contracts Thrive Despite Downturn: BNB Chain Q2 Report
Q2 2023 has been viewed differently by various observers, with some considering it a loss-making quarterJames Dean
