State Street Now Exploring a Stablecoin and Tokenized Deposits Launch.
State Street plans to integrate blockchain for payment settlements, aligning with its strategy to include digital assets.State Street Corp., a Boston-based major player in traditional finance, is exploring the launch…
Businessman Scammed Out of $400K in Crypto, 3 Arrested in Hong Kong.
The victim transferred $399,000 worth USDT stablecoin to the scammers’ digital wallet.Three individuals have been arrested by the Hong Kong police suspected of defrauding a businessman out of HK$3.11 million,…
Russian Lawmaker Calls for Ban on Telegram’s Token Mining Game App Hamster Kombat.
Aksakov warns about Hamster Kombat’s impact on public finances, citing rising susceptibility to external influences and potential harm. Anatoly Aksakov, head of Russia’s State Duma Banking Committee, has called for…
TON Network Reach $760M Total Value Locked and Move to Top 10 Blockchains.
Despite being new, the TON Network has surpassed Optimism to become the 10th largest blockchain by total value locked (TVL). The Open Network (TON), initially developed by Telegram, has surpassed…
Bitcoin Price Sky Rockets To $66.4k
During a worldwide computer outage on Friday, Bitcoin and cryptocurrencies stayed fully functional. Bitcoin’s price surged back above $66,000 on Friday, reclaiming its highest market value since early June. The…
Binance.US get judge’s approval to invest customer assets in US Treasury bills.
Judge Amy Berman Jackson ordered Finance.US to invest customers’ assets in U.S. Treasury bills, which are considered safe investments because the U.S. Treasury Department backs them. Binance.US also has to…
Bitzlato Founder Sentenced to Prison for Facilitating Money Laundering.
The judge ruled Legkodymov’s 18 months in Brooklyn’s MDC was sufficient punishment for $700M in illicit proceeds from the Russian dark web. On July 18, Judge Eric Vitaliano sentenced the…
Bybit Bitcoin and USDT Holdings Is on The Rise.
Bybit maintains strong reserve ratios, with BTC reserves at 107% and USDT at 103%, showcasing its financial stability. Singapore-based cryptocurrency exchange – Bybit – has released its 12th proof of…
Senator Lummis Hail Bitcoin Amid Microsoft Cyber Outage.
On July 19, 2024, Senator Cynthia Lummis, a prominent advocate for digital currencies, once again praised Bitcoin’s resilience amidst a significant Microsoft outage. Lummis made a post on X, saying,…
WazirX and Laminal Blame Each Other $230 Million Hack.
WazirX and Liminal Custody, the lead actors of yesterday’s hacking fiasco are playing the Blame Game with each other for the success of the attack. The staggering $230 million crypto…