BlockFi confirms July start for interim crypto distributions
BlockFi clients are to note that client communications will exclusively occur via official email channels.
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Chinese trader laundered more than $17M for Lazarus Group in 25 hacks
The North Korean cybercrime group is credited with some of the biggest crypto hacks, including the $600 million Ronin bridge exploit.

Bitcoin price blasts through $43K, hitting its highest price since May
Bitcoin’s breakout above $43,000 puts the price at a multi-month high and possibly reignites the bull market that traders have been anxiously awaiting. 859 Total views 51 Total shares Bitcoin’s (BTC) price rallied to a multi-month high at $43,231 on August 6 and this allowed the digital asset to break free of the trading range…

2022 bear market has been the worst on record — Glassnode
Recent on-chain analysis by Glassnode has shown that the current Bitcoin bear cycle is playing out as the worst one in history. 1197 Total views 18 Total shares Several factors have contributed to making the current crypto bear market the worst ever recorded as most Bitcoin (BTC) traders are underwater and continue to sell at…

Storm Partners launches Web3 innovation sandbox in Geneva
The new blockchain sandbox aims to bolster Geneva’s status as an emerging crypto hub.

Facebook’s David Marcus calls for “fair shot” at crypto payments
In a newly published Medium piece titled "Good stablecoins, a protocol for money, and digital wallets: the formula to fix our broken payment system", Facebook’s crypto pioneer David Marcus shared his views on topics of economic inequality, regulatory challenges and Novi’s proposed stablecoin solution.Marcus has spent the last couple of years building Diem’s crypto wallet…

Astar reduces base staking rewards to curb inflation pressure
Astar Network’s efforts to curb inflation come days after its native token’s price reached a new all-time low. 117 Total views 1 Total shares Blockchain firm Astar Network implemented changes to its tokenomics to reduce inflationary pressures in its ecosystem. On April 18, Astar Network announced that it reduced the blockchain’s base staking rewards to

World Bank Mandates Commonwealth Bank of Australia to Issue Bond Using Blockchain Tech
Commonwealth Bank of Australia (CBA), the largest bank in the country, has been mandated by the World Bank to arrange a bond issue exclusively on a blockchain, according to a press release Aug. 10. CBA will reportedly arrange the first bond globally to be “created, allocated, transferred, and managed using blockchain technology.” The Blockchain Offered…

Kik’s Drama With The SEC May Soon Be At An End
A new round of documents have been filed in the lengthy dispute between the United States Securities and Exchange Commission, or SEC, and Kik Interactive Inc. over the messaging company’s 2017 initial coin offering, or ICO.Both parties are seeking summary judgment, with the SEC submitting a proposed order that it hopes the court will sign.However,…