Telegram has been disclosing user IPs since 2018, Durov says
Telegram’s disclosure process of IP addresses and phone numbers has been in place “long before last week,” CEO Pavel Durov declared.
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Congressman Torres demands an investigation of the SEC’s deal with Prometheum
The United States Securities Exchange Commission might be investigated for a "haphazard and heavy-handed approach to digital assets.” 196 Total views 2 Total shares The United States Securities Exchange Commission (SEC) could be investigated for a "haphazard and heavy-handed approach to digital assets,” or, more specifically, for its “sweetheart deal” with crypto platform Prometheum. Such requests…

DeFi platform KiloEx to compensate users impacted by $7.5M hack
KiloEx will compensate users hurt by a $7.5 million exploit, pledging full refunds to traders and bonus rewards for stakers after the price oracle attack. Decentralized exchange (DEX) KiloEx said it will compensate traders and stakers hurt by a $7.5 million exploit that temporarily shut down the platform earlier in April. In an April 24

Draft bill suggests separating legislation on payment stablecoins and digital asset markets
The draft bill no longer included aspects of an earlier version that included legislation of custodial service providers and algorithmic stablecoins, as well as a CBDC study. 443 Total views 15 Total shares Own this piece of history Collect this article as an NFTRepublican lawmakers with the United States House Financial Services Committee have released…

India cracks down on darknet drug deals using crypto tracking
India’s NCB forms a special task force and initiates digital forensics training to tackle the growing misuse of cryptocurrencies in drug trafficking.

Past rate cuts indicate potential crypto bull market catalyst — 21Shares
The US Federal Reserve is expected to begin lowering its benchmark interest rate in September.

Acting OCC head warns that ‘fools gold’ in DeFi reminds him of lead-up to GFC
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Researchers Reveal Network of 15K Crypto-Related Scam Bots on Twitter
New research published today, Aug. 6, has shed light on the infamous phenomenon of cryptocurrency-related Twitter accounts advertising fake “giveaways,” revealing a network of at least 15,000 scam bots. The analysis of Twitter bots, which continue to aggravate and even fool unsuspecting users, came from cybersecurity company Duo Security. The project involved a huge tranche…

Animoca Brands unveils plans for K-pop NFT metaverse
Animoca Brands has announced it will partner with Korean record label Cube Entertainment to build a “K-pop metaverse.” 349 Total views 20 Total shares Nonfungible tokens (NFTs) continue to disrupt the mainstream entertainment industries, with NFT gaming firm Animoca Brands partnering with Korean record label, talent agency and music production company, Cube Entertainment, to build…