Circle rolls out native USDC tokens on Polygon
Circle taps into Ethereum layer 2 Polygon to provide USDC liquidity directly on the proof-of-stake scaling protocol.
Day: 10 October 2023
9 factors to consider when choosing a blockchain consensus mechanism
Both broad and narrow considerations come into play when choosing a blockchain project’s consensus mechanism. With great power — and...
UK financial watchdog restricts Binance partner from issuing crypto ads
The Financial Conduct Authority’s marketing requirements for crypto firms went into effect on Oct. 8, requiring some to partner with...
Asian and European stocks rally amid a wave of risk appetite
Asian and European stocks registered a bullish surge on Tuesday owing to the Fed’s hawkish outlook on interest rates. Oct....
Binance freezes Hamas-linked accounts after Israeli request
The freeze does not affect Binance accounts owned by ordinary Palestinian civilians. Crypto exchange Binance has frozen accounts linked to...
Hut 8 boosts self-mined Bitcoin reserves to 9.4K amid USBTC merger
According to Hut 8 CEO Jaime Leverton, the new merged mining business will have “highly diversified fiat revenue streams.” The...
SBF seeks to probe FTX lawyers’ roles in $200M Alameda loans
Sam Bankman-Fried’s legal team is seeking permission to cross-examine Gary Wang over FTX lawyers' involvement in Alameda loan approvals. Sam...
Cyprus to tighten crypto regulations in accordance with FATF
The Ministry of Finance intends to amend the existing Prevention and Suppression of Money Laundering Law. One of the friendliest...
Saudi Arabia and China collaborate on Arabic-based AI system
A university in Saudi Arabia has collaborated with two Chinese universities to create an Arabic-focused AI system called AceGPT. The...
Binance tight-lipped on projects funded by $1B crypto recovery fund
Binance-initiated IRI fund has only spent some 2.7% of the total of $1.1 billion committed to saving crypto in the...
Zimbabwe turns gold-backed digital token into payment method
The Reserve Bank of Zimbabwe first introduced its new project, in which every issued digital token would be backed by...
SBF’s Alameda minted $38B USDT to profit off arbitrage trading: Coinbase director
Coinbase director Conor Grogan has flagged on chain data that highlights massive USDT mints ordered by Sam Bankman-Fried’s Alameda Research...
Sam Bankman-Fried just like Bernie Madoff, Cardano founder says
Charles Hoskinson likened SBF to Bernie Madoff, the mastermind behind the largest Ponzi scheme in history, and says the media...
Mistake or money laundering? User pays $1.6 million for CrypToadz NFT
The purchase was funded from a digital wallet, which has been a part of the chain of transactions, anonymized by...
Bitcoin dominance hits 3-month high as ‘hammered’ altcoins risk dive
Bitcoin price action wobbles but recovers without new lower lows, while altcoins suffer with traders eyeing potential short opportunities.
