Web3 Community Platform Galxe Protocol Faces DNS Breach.
ZachXBT, a crypto investigator, found evidence of funds being robbed on Galxe. The website was blocked until the problem was fixed.On the 6th of October, the Galxe website, a Web3…
Voyager Digital Co-Founder Faces CFTC Scrutiny Over Law Violations.
The CFTC is presently contemplating whether to take action against Ehrlich.While agency probes don’t often result in enforcement measures, this one may be an exception.Defunct Voyager Digital is at the…
EU Market Regulator Issues Second Consultation Paper on MiCA Mandates
The ESMA has published a lengthy document requesting feedback on 5 aspects of MiCA. By June 30th, 2024, the regulator will have published a final report based on feedback.On October…
Yuga Labs Announces Layoff Citing Global Economic Circumstances.
CEO Daniel Alegre relayed the news to the team, underlining the move’s need.Yuga Labs’ worldwide staff is preparing for the possibility of structural changes.The creative studio behind Bored Ape Yacht…
Bitcoin Will Surge to $750,000 By 2026, Predicts Arthur Hayes
BitMEX’s outspoken co-founder believes the financial world is approaching the largest bull market in human history.BitMEX co-founder and macro-analyst Arthur Hayes recently predicted that Bitcoin’s price will soar between $750,000…
Wirex Launches Non-custodial Cryptocurrency Debit Card.
Crypto payment provider Wirex boasts a client base of over six million.W-Pay’s incorporation of ZK technology ensures fast and safe transactions.On October 3rd, Wirex, a provider of cryptocurrency payment services,…
FTX Employees Uncovered Backdoor Months Before Collapse – Report
Employees at FTX’s U.S. division found a backdoor in the crypto exchange’s systems. The backdoor allowed Alameda Research to hold negative balances up to $65 billion using customer funds.FTX co-founder…
Ripple Earns Distinction as a Leading Innovator in Digital Assets.
Ripple won “Best Use of Digital Currencies/Assets in Financial Services” at the PAY360 Awards.It has received multiple recent accolades, including awards from Juniper Research and Fortune.Ripple’s On-Demand Liquidity using XRP…
Kraken Eyes Europe Expansion With Acquisition of Dutch Exchange BCM.
Formerly known as Bitcoin Meester, BCM has been in operation since 2017.The firm is recognized by the Dutch central bank, De Nederlandsche Bank.Kraken has announced plans to expand into Europe…
Bankman-Fried’s Lawyers Blame His Ex-Girlfriend and CZ For FTX’s Collapse
Bankman-Fried’s lawyers contend that Alameda’s losses and FTX’s bank run were caused by Caroline Ellison and Changpeng Zhao, respectively. With jury selection finished, FTX co-founder Sam Bankman-Fried’s (SBF)’s trial is…