US Agency Warns Against Crypto-Hungry Trinity Ransomware
A United States government agency has issued a warning regarding Trinity ransomware, a malicious threat known for extorting cryptocurrency from its victims in exchange for not leaking sensitive data accessed…
Europe Not a Top Priority for Sam Altman’s Worldcoin, Exec Says
Worldcoin, the digital identity project co-founded by OpenAI CEO Sam Altman, is shifting its focus away from Europe and toward Asia and other regions, according to an executive. Fabian Bodensteiner,…
TON-Based Wallet Drainer Shuts Down, Eyes Bitcoin
A wallet drainer operating on The Open Network (TON) recently announced its closure and directed users to a different crypto-draining service. On October 7, Scam Sniffer, a Web3 anti-scam solution,…
National Bank of Bahrain Launches First Bitcoin Investment Fund
The National Bank of Bahrain (NBB) has made a significant move in the financial landscape by launching its inaugural Bitcoin investment fund, aimed specifically at institutional investors within the Gulf…
Bankruptcy Judge Greenlights FTX’s Liquidation Plan
In a significant development for users of the defunct cryptocurrency exchange FTX, United States Bankruptcy Judge John Dorsey has sanctioned a plan that allows the company to wind down its…
Elizabeth Warren and John Deaton Set for Two October Debates
Massachusetts news outlets are reporting that Democratic Senator Elizabeth Warren and Republican candidate John Deaton will debate each other twice before the 2024 election, on October 15 and October 17.…
NFTs Weekly Sales Volumes Hit Highest Level Since August
Weekly sales volumes of non-fungible tokens (NFTs) have surged, reaching the highest levels since August after experiencing a period of lagging sales amid a broader market downturn. According to data…
Bitcoin Miners Show Mixed Performance in September Amid Market Volatility
Reports from Bitcoin miners in September reveal a diverse performance landscape as the sector adapts to ongoing market volatility. Expanding Operations and Technological Integration While companies like Hut 8 and…
DHS Says It Thwarted More Than 500 Crypto Ransom Attacks in 3 Years
The United States Department of Homeland Security (DHS) has reported significant success in combating ransomware cyberattacks, claiming to have disrupted hundreds of attacks, often before they occurred, and seized billions…
Smart Contract Blockchains Will Become Less Cypherpunk, Says VC Leader
The foundational “cypherpunk” values that initially inspired the development of smart contract platforms are likely to diminish over the next decade, according to Jesse Walden, managing partner of Variant Fund.…
Bitcoin ‘Still the Best-Performing Asset’ After Weak Q3
Bitcoin continues to be the top-performing asset in 2024, even after experiencing a “seasonally weak” third quarter, according to a report from the New York Digital Investment Group (NYDIG). During…
New Ethereum Proposal Aims to Increase Throughput by 50%
A recently introduced Ethereum Improvement Proposal (EIP) seeks to significantly enhance the performance of the Ethereum network by reducing block times by 33% and boosting overall data capacity. Developers claim…
US Files Complaints to Seize Assets from North Korean Hackers
On October 4, the United States government initiated legal action to seize over $2.67 million in digital assets that were reportedly stolen by the notorious Lazarus Group, a hacking organization…
Tether Teases USDT Documentary on 10th Anniversary
On its 10th anniversary, stablecoin issuer Tether announced plans to release a documentary highlighting the impact of USDT on combating inflation. The upcoming film aims to showcase the benefits of…
UAE Exempts Crypto Transfers, Conversion from Value-Added Tax
Recent amendments to the value-added tax (VAT) regulations in the United Arab Emirates (UAE) will exempt transfers and conversions of digital assets, including cryptocurrencies. This significant change is part of…
Telegram to Enable NFT Conversion for New Gifts Feature
Telegram CEO Pavel Durov has teased an exciting new feature that will allow for the conversion of non-fungible tokens (NFTs) amid the launch of the platform’s latest feature, Gifts. This…
LEGO Removes Crypto Scam from Homepage After Being Hacked
LEGO Group, the well-known toy manufacturer, has reportedly eliminated a “LEGO Coin” token scam that briefly appeared on its homepage following a hack on October 5. The incident has raised…
Visa Unveils Platform for Tokenized Digital Asset Management
Visa has officially launched its new Visa Tokenized Asset Platform (VTAP), aimed at facilitating the issuance and management of digital assets. On October 3, Visa announced the VTAP, which is…
Taiwan’s New AML Laws Put Crypto Firms on Notice
The Financial Supervisory Commission (FSC) of Taiwan has introduced a set of new Anti-Money Laundering (AML) regulations that local virtual asset service providers (VASPs) must comply with by 2025. This…
Banks to Join SWIFT Digital Asset Trials in 2025
Banks across North America, Europe, and Asia are gearing up to participate in upcoming trials involving digital assets organized by the Society for Worldwide Interbank Financial Telecommunication (SWIFT). On October…