CRYPTO TECH

While Certik maintains that it has no responsibility for what transpired at MerlinDEX, it "is actively investigating" the recent exit scam.

The hacker accused the wallets of involvement in hacking activities and alleged that they are controlled by Russia's Foreign Military Intelligence Agency (GRU), Foreign Intelligence Service (SVR), and Federal Security Service (FSB).

A recent evaluation conducted by participants of Apple's Beta Software Program showed that the beta version of the upcoming macOS update, macOS Ventura 13.4, no longer contains the crucial cryptocurrency document.

While developer Good Luck Games did not mention the reason behind the shutdown, the widely-held assumption is that the Web3 game "Storybook Brawl" was caught in the chaos of FTX.

"Kucoin will fully reimburse all verified asset losses caused by the social media breach and the fake activity," the exchange announced after it successfully regained access to its official Twitter account.

The Binance-backed crypto wallet admitted that there is around "$88k total balance left on affected addresses," underlining that these funds are still vulnerable.

Intel expects to stop getting orders for the crypto mining chip, dubbed Blockscale, by Oct. 20, 2023, and terminate shipping of the said product line by April 20, 2024.

Aside from systems design, Kusama also disclosed that they are also working on "UI (user interface) for some secret projects" and "some surprises to help move businesses that don't understand the MV (metaverse)."

The SEC issued a Wells Notice to Coinbase last month, informing the exchange that it intends to sue the platform for allegedly violating a number of investor-protection laws.

The exchange said it is removing Shiba Inu (SHIB), along with other crypto assets from the Innovation Zone, noting that the decision was based on "recent reviews."

"We ask for your understanding that it is difficult to confirm the resumption point of deposit and withdrawal as the investigation is currently underway," South Korea-based cryptocurrency exchange GDAC said.

Unfortunately, while Brian Armstrong seemingly confirmed the integration of the Bitcoin Lightning Network on Coinbase, he did not provide more details about it.

The struggle Binance.US is currently facing stemmed from the collapse of crypto-friendly banks, particularly Signature Bank, leaving it without a banking partner.

State securities regulators also discovered deficiencies in Robinhood's review and approval process for margin accounts.

The TRON founder allegedly reached out to potential investors and held talks over the past weeks regarding the sale of his stake in Huobi Global.

The Virtual Assets Regulatory Authority (VARA) in Dubai has asked Binance and other crypto platforms to provide more information about their operations.

So far, it isn't clear how many people are affected by this decision by Menai Financial Group.

To some, Musk's recent move was to prove a point--he owns the social media platform Twitter and has sweeping influence, especially in the cryptocurrency community.

An analyst said that the situation is "more indicative of the institutional reluctance to offer liquidity in the space," adding that "a lot of crypto firms don't want to get caught in the middle of a battle between US regulators and exchanges."

"When you put out a seemingly unachievable goal, the innovation that happens can be incredible," LunarCrush CEO Joe Vezzani said.

"We believe we are approaching an inflection point, where the promised potential of blockchain will be realized," analysts at Citigroup said in a recent report.

"Next Saturday, the BTC Monthly Candle will have closed above the Macro Downtrend to confirm a new Bull Market," a crypto analyst said.

Last week, Brian Armstrong assured Coinbase's customers and clients that while the platform is under scrutiny by the financial regulator, it will keep on building the "most trusted products and services" to "update the financial system."

Over the past months, reports about Amazon exploring the world of NFT and supposedly launching an NFT marketplace have been making rounds online.

Edge's beta build uncovered this month revealed that Microsoft is exploring integrating a crypto wallet into its browser.

According to a former Ethereum Foundation developer, while the motive behind the message is unclear, it could be an attempt to see if Euler Finance's exploiter would fall for the ploy.

Last week, the NYDFS said that it intervened in the business of Signature bank because regulators lost faith in its management.

"Euler has always been a security-minded project. The Euler smart contracts, including the vulnerable lines of code, were audited," Eluer Finance CEO said in a tweet following the $197 million hack.

"I'm going to roast these Low IQ plebs and their lawyers," tweeted BitBoy Crypto, one of the named "defendants" in the lawsuit.