Bybit to issue scholarships for top performers at AUS

Bybit has partnered with the American University of Sharjah (AUS) to award scholarships of around $272,000 (AED 1 million)  to high-achieving students дальше »

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Terra users face domain issue amidst legal drama

Terra issues are being warned of a temporary issue with Terra.money domains. Caution urged against access due to potential phishing threats. дальше »

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AITECH airdrop could be another scam by Park First founder

The upcoming $AITECH airdrop could be another well-orchestrated scam that could cost investors millions of dollars. A person familiar with the issue wrote to iNvezz with details about the token and its creator. дальше »

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The Protocol: Blockchains Keep Launching, From Sei to Shibarium

In this week's issue, we cover Coinbase's launch of "Base," a layer-2 network atop Ethereum, along with the crypto community's reaction to PayPal's new stablecoin and the brouhaha over Matter Labs' use of Polygon-crafted open-source software. дальше »

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Shiba Inu Lead Shytoshi Kusama Claims There's No Bridge Issue: 'Funds Are Safu'

Shiba Inu's newly launched blockchain layer, Shibarium, faced unexpected technical challenges due to overwhelming surge in user activity дальше »

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Shibarium Blockchain Bridge: How To Bridge Coins From Ethereum To Shibarium

With the recent updates to the Shibarium Bridge, users can now seamlessly bridge their assets from Ethereum (ETH) to Shibarium. Here’s a step-by-step guide on how to do it: A Word of Caution: Currently, there’s an issue where ETH assets can get stuck in the contract. дальше »

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Bitcoin Update: Peter Todd Proposes Expiration Dates For BTC Addresses

In a forward-thinking post to the Bitcoin-Dev mailing list, renowned Bitcoin Core developer and founder of OpenTimestamps, Peter Todd, has advanced the Bitcoin Improvement Proposal 352 (BIP-352) for integrating user-defined expiration dates to silent payment addresses in a bid to address concerns related to compromised or lost wallets. дальше »

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Uzbekistan banks to issue crypto cards merging TradFi and DeFi

Private banks Kapital Bank and Ravnaq Bank gained approval to issue crypto cards. The crypto cards are meant to integrate traditional banking services with direct crypto exchange access. UzbThe post Uzbekistan banks to issue crypto cards merging TradFi and DeFi appeared first on AMBCrypto. дальше »

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Uzbekistan permits two banks to issue crypto cards

Kapital Bank and Ravnaq Bank got approval from the National Agency for Perspective Projects to participate in the digital sandbox of crypto regulation. дальше »

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Jon Stewart Claims Wall Street is as Corrupt as Sam Bankman-Fried

Jon Stewart has criticised Wall Street in his podcast, comparing it to the alleged corruption of former FTX CEO Sam Bankman-Fried. He discussed the issue with Mark Cuban, who agreed with him. The post Jon Stewart Claims Wall Street is as Corrupt as Sam Bankman-Fried appeared first on BeInCrypto. дальше »

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Disappearance of $900K Puts Focus on Vintage Bitcoin Project Libbitcoin

The issue, dubbed “Milk Sad,” was discovered in late July by information security firm Distrust. дальше »

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Using courts for every crypto issue will squash innovation — Grayscale CEO

Grayscale CEO Michael Sonnenshein emphasized the need for a balanced regulatory approach to cryptocurrency to avoid hindering innovation in the United States. дальше »

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Libbitcoin vulnerability leads to $900k theft from Bitcoin wallets

A vulnerability in the Libbitcoin Explorer 3.x library has led to the theft of over $900,000 from Bitcoin users. Blockchain security firm SlowMist reported the issue. It could also affect users of other digital currencies like Ethereum (ETH), Ripple (XRP),… дальше »

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Nigeria national agency to authenticate government certificates using blockchain

The National Information Technology Development Agency (NITDA) of Nigeria is to use blockchain technology to issue National Youth Service Corps (NYSC) certificates to combat forgery. The agency’s director general Yusuf Kashafu disclosed this at a policy dialogue on implementing a national blockchain. дальше »

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Binance CEO Addresses BitForge Vulnerability: Funds Are Safe

Binance’s CEO, Changpeng Zhao, has come forward to address concerns regarding the BitForge vulnerability. This security issue, as uncovered by the Fireblocks research team, has been identified in some of the most widely adopted multi-party computation (MPC) protocols, including the likes of GG-18, GG-20, and Lindell17. дальше »

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Nigeria to issue verifiable blockchain certificates for NYSC

This initiative aims to house all NYSC certificates on the blockchain, providing individuals with the means to easily verify and authenticate them. дальше »

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The Protocol: Coinbase Launches Own Blockchain as Sleuths Scour PayPal's Stablecoin Software

In this week's issue, we cover Coinbase's launch of "Base," a layer-2 network atop Ethereum, along with the crypto community's reaction to PayPal's new stablecoin and the brouhaha over Matter Labs' use of Polygon-crafted open-source software. дальше »

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Stablecoin Market to Soar to Almost $3T in Next 5 Years: Bernstein

Major global financial and consumer platforms are expected to issue co-branded stablecoins resulting in significant growth for these cryptocurrencies, the report said. дальше »

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Here’s What Binance’s Latest Reserves Report Says About Its Ability To Cover User Deposits

Binance, the largest crypto exchange in the world, just released its latest report for its reserves. Following the FTX liquidity issue debacle, crypto exchanges have periodically published reports of their reserve holdings to address investor concerns. дальше »

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Paypal Becomes First Major Company To Issue Dollar-Pegged Stablecoin In Crypto Push

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PayPal to Issue Dollar-Pegged Crypto Stablecoin Based on Ethereum

The PayPal USD will be pegged to U.S. dollars and issued by Paxos Trust. дальше »

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No crypto plans for X: Elon Musk debunks scam token claims

Elon Musk addressed the issue of scam tokens falsely claiming connections to the social media platform.

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Patreon, Platform for Creators, Disables Payouts After ‘Issue’ With Payoneer System

The issue was first identified on Aug. 2. Crypto developers monitor payments glitches on major platforms partly because a key premise of the blockchain industry is to build infrastructure that improves on the current options. дальше »

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U.S. House Committee green lights bill to enable self-custody of cryptos

The bill was intended to protect crypto users' right to maintain custody of their digital assets. The committee acknowledged that the bill would address a key issue which was manifested followiThe post U. дальше »

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Securitize issues tokenized assets in Spain, plans September trading start

The U.S.-based trading platform is set to become the first to issue and trade tokenized assets in both the U.S. and the EU, and will operate under the new DLT pilot regime. дальше »

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EraLend Exploit: Hackers Steal $3.4 Million From zkSync Lending Protocol

EraLend, a decentralized lending protocol operating on the zkSync Layer 2, has fallen victim to an exploit resulting in a loss of $3. 4 million. The attack was confirmed by security analysts at BlockSec, who have been assisting the protocol in addressing the issue. дальше »

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How lawyers overslept crypto revolution | Opinion

There is a growing fintech and web3 industry, yet people often struggle to find legal professionals for a wide variety of legal jobs in this space. Typical inquiries may include how to issue tokens, launch a DAO, or manage a… дальше »

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First Mover Asia: Bitcoin Lingers Below $30K, While XRP Continues Its Rally

PLUS: Last week's partial court victory for Ripple last week buoyed Coinbase's share price by clarifying a nettlesome regulatory issue. The company still needs to recapture trading volume but seems headed for better times, an analyst says. дальше »

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What is a token maker, and how does it work?

A token maker provides the necessary infrastructure and functionalities for individuals or organizations to design, issue and manage their own tokens. дальше »

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First Mover Asia: Bitcoin Holds Steady Over $30K as Inflation Data, Macro Issues Leave Investors Increasingly Unmoved

ALSO: Former CFTC Chair Timothy Massad told CoinDesk TV that regulatory agencies “don’t have to resolve” the stubbornly troublesome issue whether cryptos are commodities or securities. дальше »

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XRP Not A Security: Crypto Lawyer Muses About Lessons from Telegram Case for Ripple vs SEC Lawsuit

Deaton believes that Judge Torres would immediately address the fundamental asset issue and secondary sales in the ongoing lawsuit concerning Ripple, similar to her colleague Judge Castel who presided over the Telegram case in the Southern District of New York. дальше »

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South Korea Wants Companies to Disclose Crypto Holdings

Companies that issue or own crypto will have to make disclosures in their financial statements from next year onwards, say draft rules. дальше »

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Hong Kong bank freezes user accounts previously involved in crypto

Mox Bank, an online-only bank in Hong Kong, blocked some user accounts previously involved in crypto transactions. Some complain they have nothing to do with digital currencies. Although the virtual bank started to review the issue, some users have pointed… дальше »

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Crypto-scam involving 'fake approvals' busted at Revoke

The crypto scam surfaced when several Revoke users saw unidentified approval transactions in their transaction history. The platform has addressed the issue by adding a check on approvals with The post Crypto-scam involving 'fake approvals' busted at Revoke appeared first on AMBCrypto. дальше »

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Continued arbitrage in Binance U.S. asset pricing: Bitcoin and USDT

Quick Take Over the past few weeks, there have been noticeable discrepancies in the asset prices on Binance U. S. This issue has come to the forefront due to the abnormal trading rates of Bitcoin (BTC) and Tether (USDT), two of the major cryptocurrencies on the platform. дальше »

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Bitcoin’s Correlation with Traditional Markets and Gold Diminishes: Here’s Why

The correlation between Bitcoin (BTC) and gold, as well as the traditional market continues to be a burning issue. According to IntoTheBlock, a shift is being witnessed because the connection between BTC and the traditional market continues to decline. дальше »

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Retailers buying more bitcoin than miners can supply

Retail holders with less than 1 bitcoin, referred to as "shrimps," are accumulating more coins than miners can issue every month дальше »

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Circle to issue a stablecoin in Japan under the new stablecoins law

Circle’s CEO and co-founder Jeremy Allaire has said that the stablecoin issuer is considering issuing a stablecoin in Japan seeing that the new legislation governing stablecoins started being implemented in the country. дальше »

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Hong Kong University Paper Urges Government to Launch HKD-Backed Stablecoin

A Hong Kong University paper urges the government to issue a Hong Kong dollar stablecoin to promote the currency's liquidity and position Hong Kong as an advanced financial center. The post Hong Kong University Paper Urges Government to Launch HKD-Backed Stablecoin appeared first on BeInCrypto. дальше »

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Could Bank of America Be Next on the U.S. Banking Crisis List?

Bank of America faces $100 billion in bond market paper losses, according to the Federal Deposit Insurance Corporation. The bank's losses are part of an industry-wide issue, with total unrealized losses at a record $620 billion at U. дальше »

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Crypto OG Erik Voorhees believes DeFi has already solved the regulatory clarity problem for altcoins

Shapeshift founder and long-time Bitcoin advocate Erik Voorhees believes that decentralized finance (DeFi) has already solved the issue of regulatory clarity barring people from possessing or trading a majority of cryptocurrencies. дальше »

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Investors still waiting on $1.9M refund Logan Paul promised 6 months ago: Coffeezilla

Coffezilla asserted that the refund process should be easy to sort, and the financial implications aren’t an issue for someone as wealthy as Logan Paul. дальше »

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Shibarium: Key Benefits of SHIB Burn Mechanism Explained by Top Team Member

Here's exactly how Shibarium can solve issue of current low SHIB burn rate дальше »

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“Far From Securities”- Solana, Polygon and Cardano Issue Solid Statements Against SEC Claims

After the SEC lawsuit against Coinbase, which listed several cryptocurrencies as securities, including Solana (SOL), Polygon (MATIC), and Cardano (ADA), the organizations behind these projects are pushing back against the “securities tag.” дальше »

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Australia Acts on De-Banking of Crypto Entities, Supports Policy Recommendations to Tackle Issue

Australia's Treasury said on Wednesday it recognises the seriousness of de-banking and that it understands inaction could drive business underground after instances of banking partners cutting-off crypto platforms in the nation. дальше »

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New exchange EDX reportedly switching out Paxos’ custody services for Anchorage’s

The new exchange does not custody customer funds itself to avoid a conflict of interest — and a hot-button issue with the SEC.

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Wirex may suffer card outage in EEA due to UAB PayrNet licensing issue

Wirex cards may stop working in the European Economic Area, but funds held in the account are safe, the company said.

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MUFG may issue stablecoin via Progmat blockchain platform

Mitsubishi UFJ Financial Group Inc. is currently in negotiations with several businesses about issuing stablecoins, a form of digital asset, through its blockchain platform Progmat. дальше »

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Japan’s Largest Bank MUFG To Introduce Stablecoins Anchored To Global Currencies

One of Japan’s most prominent banks, Mitsubishi UFJ Financial Group (MUFG), has announced its intention to issue global stablecoins linked to various foreign currencies, notably the United States dollar. дальше »

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Japan's Banking Giant MUFG Plans to Issue Stablecoins: Bloomberg

Largest bank of Japan negotiating with stablecoin issuers to start emitting those tokens through its own DLT platform дальше »

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