Elliptic exposes $11B scam network via Huione Guarantee
Elliptic’s report reveals how the Huione Guarantee marketplace facilitated massive money laundering and cyber scams using Tether (USDT) transactions.
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Bitcoin Will Follow Ethereum And Move to Proof-of-Stake, Says Bitcoin Suisse Founder
Niklas Nikolajsen, the founder of Swiss crypto broker Bitcoin Suisse, predicts that Bitcoin (BTC) will move to Proof-of-Stake (PoS) once the Ethereum (ETH) network has proved the algorithm’s success.Bitcoin’s current Proof-of-Work (PoW) consensus algorithm — the pioneering concept which in fact pre-existed Bitcoin, but has since come to be indissociable from the cryptocurrency — “will…

Three Arrows buys 156K ETH in the weeks after CEO ‘abandoned ETH’
Only a few weeks ago, CEO Zhu Su was blasting ETH on Twitter for high gas fees and accessibility issues. Now, his company is buying the dip. 1224 Total views 13 Total shares Crypto hedge fund Three Arrows Capital (3AC) has bought more than half a billion dollars worth of Ether in the time since…

Uniswap deploys V3 contracts to four Ethereum testnets
The world’s leading DEX has taken a big step toward launching its third iteration by deploying its contracts to all four of Ethereum’s testnets. 3786 Total views 24 Total shares Leading decentralized exchange Uniswap has taken a step closer to launching its highly anticipated “V3” iteration, announcing the successful deployment of V3’s smart contracts to…

32% of home offices invest in digital assets: Goldman Sachs
While the interest in crypto investments was on the rise last year among the home offices, 2023 saw a massive decline in such investors' certainty about the digital assets market. While the interest in crypto investments has been on the rise last year among the home offices, 2023 saw a massive decline in such investors'…
Breaking: Coinbase to suspend USDT trading for Canadian users
Users will still be able to deposit and withdraw USDT, DAI, and RAI after the deadline, but trading will be suspended. 1121 Total views 3 Total shares Cryptocurrency exchange Coinbase will suspend trading of Tether (USDT), DAI, and RAI stablecoins for Canadian users beginning August 31.In an August 17 email notice to users, Coinbase said…

‘A lot of the bad actors have been shaken out of the market’ — Bitvo CEO
Bitvo president and CEO Pamela Draper spoke with Cointelegraph at the Collision conference in Toronto on the firm almost being acquired by FTX and Canada's regulatory environment. Pamela Draper, president and CEO of crypto platform Bitvo, has weighed in on firms escaping the Canadian market amid the regulatory environment.Speaking to Cointelegraph at the Collision conference…

Texas Democratic Party aims to use NFT sales for fundraising efforts
“We can’t wait to continue turning powerful, exclusive, behind-the-scenes moments into digital assets that help fuel progressive objectives," said Front Row co-founder Parker Butterworth. Front Row, a marketplace geared towards progressive organizations, has said it will be partnering with the Texas Democratic Party to pilot a program aimed at raising money for candidates and causes…

Wuhan omits NFTs from metaverse plan amid regulatory uncertainty in China
The Chinese government has shown a keen interest in developing a metaverse economy, but its stance on NFTs hasn’t been very clear. 116 Total views 2 Total shares The Chinese city of Wuhan had reportedly shelved its aspirational nonfungible tokens (NFTs) plans amid growing regulatory uncertainty around the crypto and Web3 technologies in the country.Wuhan…