Indonesian Crypto Exchange Hit by $20.5M Hack, Lazarus Group Suspected

Web3 security firm Cyvers detected suspicious transactions on Indonesian exchange Indodax’s wallets on September 11th. The attack involved over 150 transactions and digital assets worth an estimated $20.58 million are believed to... Read more »

State Regulator Warns of Crypto Fraud After Investor Loses $750K

The Washington State financial regulator has issued a warning about potential cryptocurrency fraud involving a mining platform and wallet. A Washington investor was scammed out of over $750,000 after investing. Despite the... Read more »

Lawmakers to probe SEC over suspected political favoritism in staffing

Lawmakers have launched a joint investigation into the Securities and Exchange Commission (SEC), raising concerns that the agency may have engaged in politically motivated hiring practices, according to a Sept. 11 letter... Read more »

ENS token surges after PayPal, Venmo adopt Ethereum Name Service

Key Takeaways Ethereum Name Service’s token value increased by 7.5% following PayPal and Venmo’s adoption. Venmo and PayPal users in the US can now send crypto using readable ENS names instead of... Read more »

Fractal Bitcoin Absorbs Over 35% of Bitcoin’s Hashrate After Mainnet Launch

Data reveals that after Fractal Bitcoin’s mainnet went live, the project’s block explorer indicates the blockchain now controls over 35% of Bitcoin’s total hashrate. While Bitcoin hums along at an impressive 681... Read more »

Digital Chamber urges lawmakers to classify NFTs as consumer goods amid SEC enforcement concerns

The Digital Chamber (TDC) has called on Congress to pass legislation that would define certain non-fungible tokens (NFTs) as consumer goods and exempt them from federal securities laws. The move follows growing... Read more »

FCA Files First Charges Against Unregistered Crypto ATM Operator in UK

The UK’s Financial Conduct Authority (FCA) has charged Olumide Osunkoya for operating unregistered crypto ATMs in the country. This case is significant as it represents the first prosecution under UK law for... Read more »

Bitcoin miners stay resilient despite traders’ waning risk appetite — Glassnode

Bitcoin (BTC) miners are demonstrating unwavering commitment as the network’s hash rate approaches an all-time high, according to a recent Glassnode report. The report noted that the 14-day moving average hash rate... Read more »

Putin Acknowledges Russia as a Bitcoin Mining Leader; 54,000 BTC Mined in 2023

During his speech at the Eastern Economic Forum, President Vladimir Putin stated that Russia had become one of the world leaders in bitcoin mining. He explained that this was made possible due... Read more »

Bitwise CIO highlights rapid adoption of Bitcoin ETFs by advisors

Bitwise Chief Information Officer (CIO) Matt Hougan asserted that investment advisors are adopting spot Bitcoin (BTC) exchange-traded funds (ETFs) faster than any other ETF launched in recent history. Hougan made the statement... Read more »
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