ETHTrustFund DAO transfers $2M treasury in apparent rug pull
According to a report from PeckShield, ETHTrustFund transferred its entire treasury funds to a new account and then attempted to launder the funds through mixer apps.
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MiamiCoin generated $2K every 10 minutes for the city, says mayor
Miami’s mayor believes that if city-specific cryptos succeed, it would mean residents “won’t have to pay a cent in tax.” 1865 Total views 18 Total shares Miami Mayor Francis Suarez has been celebrating the success of a recent initiative to fund municipal projects through the proceeds of a city-specific crypto protocol built atop the Bitcoin blockchain.On…

Ledger Devs Post Warning About Monero Client After User Reportedly Loses 1,680 XMR to Bug
The Ledger developers team posted a warning on Monero’s (XMR) subreddit on March 4 advising users not to use the Nano S Monero app.Apparently, a bug associated with the app had been discovered when, earlier today, user MoneroDontCheeseMe posted on Reddit a claim that he or she believes to “have just lost ~1680 Monero [around…

‘Time is not on our side’ to provide regulatory clarity on crypto, says US lawmaker
"We’ve got to move, pick a regulator, and give the market the certainty and guardrails it deserves," said House Representative Josh Gottheimer. 335 Total views 10 Total shares New Jersey Representative Josh Gottheimer said that United States lawmakers needed to pass legislation clarifying regulators’ role over crypto or risk companies taking their business abroad.Following a…

Tokenizing infrastructure and the need for stronger regulation in DePIN
Strong regulation of decentralized physical infrastructure networks is needed.

Telegram raises $1.7 billion in convertible bond offering
The messaging platform will use most of the proceeds to repay existing bondholders, with the remainder allocated as working capital to support ongoing operations. Telegram, a messaging platform, raised $1.7 billion from investors in a recent bond offering featuring a 9% coupon that closed on May 28. According to Bloomberg, the company will use a

Filecoin Testnet to Launch in December — Mainnet in Q1 2020
Decentralized file hosting protocol Filecoin announced in a post published on its blog on Sept. 24, that its alphanet will be launched tomorrow, testnet on Dec. 11 and mainnet in Q1 2020.“These windows are best estimates”However, the Filecoin team acknowledges that “these windows are best estimates, and could potentially slide.” Per the announcement, this year the…

Australian central bank to launch ‘live pilot’ of CBDC in coming months
The use cases for the CBDC ranged from offline payments to "trusted Web3 commerce" and financial industry participants were invited to undertake a live pilot. 42 Total views 1 Total shares Own this piece of history Collect this article as an NFTThe Reserve Bank of Australia (RBA), the country's central bank, has released a report…

SBI Holdings and SMFG to launch digital securities exchange in 2022
The upcoming digital stock exchange is expected to be the first Japanese exchange to trade digital securities using blockchain technology. 1244 Total views 9 Total shares Japanese finance giaSBI Holdings is building a digital stock exchange in collaboration with Sumitomo Mitsui Financial Group, or SMFG.According to a Jan. 28 Nikkei report, the new digital securities…