Multimillion FTX hack linked to Russian hackers: Elliptic.

Blockchain intelligence company Elliptic has linked FTX’s $400 million hack to Russian hackers, citing the unsophisticated method of laundering employed by the attacker. Per Elliptic’s report, the attacker was converting the stolen funds to Bitcoin using Renbridge, a service owned by the bankrupt exchange sister company, Alameda Research. origin »

Paolo Ardoino to take over as Tether CEO in December.

Paolo Ardoino will take the reins as Tether’s (USDT) new Chief Executive Officer (CEO) in December, according to an Oct. 13 statement from the stablecoin issuer. Former CEO Jean-Louis van der Velde will transition into an advisory position at the stablecoin firm while retaining his CEO role at Bitfinex crypto exchange. origin »

Polkadot Reportedly Lays Off 300 Employees: What’s The Way Forward?.

Parity Technologies, the developer of Polkadot, a platform at the forefront of blockchain interoperability, has reportedly laid off more than 300 employees. According to an X post shared by “chainyoda,” a core contributor, on October 12, the number retrenched is more than that of developers working on dapps deployed on the blockchain. Parity Technology Game Plan: To […] origin »

Mastercard creates tech to tokenize CBDCs on multiple blockchains.

Mastercard announced the successful demonstration of a central bank digital currency (CBDC) technology designed to integrate CBDCs with multiple blockchain networks, according to a press release. The technology aims to facilitate the tokenization, or “wrapping,” of CBDCs onto different blockchain networks to enhance consumer convenience and transactional security. origin »

CFTC Files Lawsuit Against Voyager Digital And Former CEO For Fraud.

The US Commodity Futures Trading Commission (CFTC) has taken legal action against Voyager Digital and its former CEO, Stephen Ehrlich.   The CFTC filed a complaint in the US District Court for the Southern District of New York, alleging fraud and registration failures related to the operation of the Voyager digital asset platform and an unregistered commodity pool. origin »

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