Avalanche Foundation to buy back nearly 2M AVAX sold to Terra in 2022
In 2022, the Avalanche Foundation sold 1.97 million AVAX worth $100 million at the time to Terra’s foundation before its collapse. It’s now buying it all back for $45.5 million.
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New Web App Scans GitHub For Secrets Like Crypto Keys And Passwords
A new web app, called “Shhgit”, will scan the web-based GitHub code repository and search for sensitive secrets, such as private crypto keys.Scanning for private crypto keys and passwordsOn Oct. 17, programmer and security expert Paul Price introduced his new tool, Shhgit. Shhgit scans for secrets across public code repositories that sometimes end up in…

Gov’t can realize gains on gold certificates to buy Bitcoin: Bo Hines
The Trump administration appears poised to grow its Strategic Bitcoin Reserve after the White House’s crypto council head suggested budget-neutral ways for acquiring the digital asset. “There’s been countless ideas” about how the government can acquire more Bitcoin (BTC), Bo Hines, executive director of the President’s Council of Advisers on Digital Assets, said in an

Binance applies to deregister in Cyprus, says focus is on ‘larger markets’
The Cyprus SEC lists the exchange as “under examination for application for deregistration” on the island. 200 Total views 1 Total shares Binance appears to be preparing to exit Cyprus. The Cyprus Securities and Exchange Commission has marked Binance Cyprus Limited as “Under examination for application for deregistration” on its website. Previously, the cryptocurrency exchange received…

Ethereum Futures: The Next Big Derivative to Hit the Market?
The United States Commodity Futures Trading Commission (CFTC) hasn’t come to bury Ether, it’s come to regulate it. That was the message drawn from Heath Tarbert’s remarks from the stage at Yahoo Finance’s All Markets Summit in New York City on Oct. 10, which could have important consequences for the crypto and blockchain industry. He…

Forrester Research: 90% of Blockchain Initiatives by US Firms Will Never Become Operational
About 90 percent of currently active U.S. companies’ blockchain initiatives will ultimately be abandoned. This statistic comes from a study by Forrester Research, cited by Bloomberg in an article July 31. The U.S. market research firm Forrester Research predicts that most of blockchain-powered projects initiated by American companies will be put on hold in 2018.…

CFTC announces $1.8M settlement against brokerage firm FalconX
The regulator reported the firm voluntarily improved its practices after the CFTC’s civil suit with Binance and its former CEO Changpeng Zhao.

StarkNet now open for DApp deployment on Ethereum mainnet
StarkNet hopes to inspire creativity among the developer community and lead the Layer 2 building boom. 106 Total views 3 Total shares StarkNet, the Layer-2 scaling solution established by StarkWare, announced that the first few decentralized apps (DApps) built on the platform have been deployed since it launched on the Ethereum Mainnet in November. StarkWare shared…

G20 International Watchdog Says Regulators Need Better Crypto Risk Assessments
G20’s international watchdog, the Switzerland-based Financial Stability Board (FSB), said in its latest report that regulators need to improve their risk assessment strategies regarding financial activity in the crypto space, according to a report by Reuters on May 31.The report noted that one potential risk assessment metric regulators could look at is banks’ and other…