Coinbase raises bond buyback limit to $180M amid a surge in investor interest

Coinbase increased its bond buyback limit to $180 million and extended its deadline to Sept. 18, according to a Sept. 5 statement. Coinbase extended its deadline due to unexpectedly high interest in... Read more »

Gala Games co-founders clash in opposing lawsuits seeking $130M, $600M in damages

The co-founders behind the blockchain firm Gala Games have initiated legal proceedings against each other, according to recent court filings. First case concerns alleged $130M theft The first case, which Gala co-founder... Read more »

Binance-backed BUSD circulating supply drops to less than $3B

The circulating supply of Binance USD (BUSD) has fallen to $2.8 billion, marking its lowest point since early 2021, when the stablecoin was still relatively new to the crypto market, according to... Read more »

The savvy holder’s guide to NFT lending

Fuelled by early movers such as NFTfi and Blend, NFT lending is one of the hottest sectors in the crypto market, attracting outsize attention and funding. Everyone’s betting on the growth of... Read more »

FTX cold wallet moved almost $10M in altcoins to Ethereum since Aug. 31

A cold wallet owned by collapsed crypto exchange FTX moved almost $10 million in altcoins from Solana to Ethereum since Aug. 31 for undisclosed reasons, according to on-chain data. The altcoins include... Read more »

New Russian malware, dubbed ‘Infamous Chisel,’ identified targeting Binance, Coinbase, and Trust wallets

Newly discovered malware dubbed “Infamous Chisel” targets crypto wallets and other Android apps, according to a U.K. government report on Sept. 1. The U.K.’s National Cyber Security Centre (NCSC) said that the... Read more »

Bitwise makes surprise ETH and BTC Market Cap ETF application withdrawal

Bitwise Trust Fund has withdrawn its application for a Bitcoin and Ethereum Market Cap Weight Strategy exchange-traded fund (ETF) from the U.S. Securities and Exchange Commission (SEC). Per its withdrawal statement, Bitwise... Read more »

Prosecutors rebuff complaints from Bankman-Fried’s lawyers regarding excessive evidence

U.S. prosecutors responded to complaints from accused former FTX CEO Sam Bankman-Fried and his legal team in a filing on Aug. 29. Bankman-Fried and his team previously objected to the government’s decision... Read more »

OpenAI debuts ChatGPT Enterprise with high-speed GPT-4 access, used by 80% of Fortune 500 companies

OpenAI announced the launch of ChatGPT Enterprise on Aug. 28. This new offering provides enterprise-grade security and privacy, unlimited higher-speed GPT-4 access, longer context windows for extended inputs, advanced data analysis capabilities,... Read more »

Balancer suffers breach despite prior warnings; TVL falls $164M

Decentralized exchange Balancer confirmed that its V2 pools were exploited for an undisclosed sum despite its previous warning about vulnerabilities. In an Aug. 27 post on its official X account, the Ethereum-based... Read more »
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