CRYPTO TECH

Buterin has finally said his piece about the transactions. He reminded the community that the funds were transferred not for his personal gain but for "some charity or nonprofit or other projects." The receiving organization sometimes uses the funds to meet its operating expenses.

The rumor that Ripple would go public started last month before the company held its "Proper Party" to celebrate its legal victory over the SEC.

Binance is currently looking for a partner authorized by the FCA, but since it has none at the moment, temporary restrictions will take effect along with the new U.K. regulations.

The U.S. government was initially unbothered by the Bitcoin mine in Wyoming, but things changed when Microsoft submitted a report to the Committee on Foreign Investment in August 2022.

While The Money Mongers report included exploits committed by malicious actors, it did not include exit scams, rug pulls, or theft committed by employees.

Welly "represents the first step in making Welly a bridge between the web3 and web2 worlds," its community manager Piergiorgio Petoia said.

Elliptic acknowledged the potential that an insider may have carried out or aided the exploit. It pointed out the possibility that some employees at FTX could have taken advantage of the turmoil that ensued when the company declared bankruptcy to move its cryptocurrency assets.

The wallet also eliminates the necessity of retaining and recalling the complex 12-word seed phrase, significantly simplifying the process of creating a wallet, even for individuals unfamiliar with web3.

Blockchain analysis firm Arkham Intelligence said that Tornado Cash has recovered more than a year after the U.S. government imposed sanctions on the platform and arrested several key figures behind the business.

The use of crypto by terror groups and organizations trying to evade financial sanctions across the globe is nothing new. In fact, since 2021, Israeli authorities have seized around 190 Binance accounts allegedly linked to terror groups.

Ellison revealed that she experienced persistent anxiety, explaining that they would need to rely on their FTX credit line, which was subject to potential withdrawal at any moment.

Binance aided authorities in identifying and deactivating the alleged crypto donation accounts of the Islamic Resistance Movement.

The recent claim seemingly aligned with the previous report, which, aside from claiming that Alameda Research is the second-biggest donor of Tether, had estimated that the crypto hedge fund minted $36.7 billion.

Wang testified in court last Thursday and admitted that he, Bankman-Fried, Caroline Ellison, the former CEO of Alameda Research, and Nishad Singh, the FTX director of engineering, committed wire fraud, securities fraud and commodities fraud.

But while the non-profit organization has been mum on the reason behind its latest move, data from token flow-oriented data platform EigenPhi revealed that when it sold 1,700 ETH via Uniswap v3, it came under a Sandwich attack by MEV Bot (0x00...6B40).

Kusama seemingly hinted that the development team is preparing to roll out a new initiative for the community in the coming weeks.

Binance announced the rollout of a new subpage to cater to its customers in the United Kingdom in line with the country's changing regulations.

A report said that more than 173,939 workers at U.S.-based tech companies have been laid off in mass job cuts so far in 2023.

The HTX Global attack has been classified as a white hat incident since all the stolen funds have now been returned.

Gary Wang revealed that Bankman-Fried handled duties involving facing the public, talking to the media and lobbying, while his role was limited to coding.

The crypto world may have just glimpsed Block's BitKey, the new hardware wallet announced in 2022 via a beta tester's tweet.

Shytohi Kusama resurfaced after a social media hiatus this week and surprised the community by mentioning some "secret initiatives," including AI initiatives for SHIB.

This latest development on Coinbase and Ripple Labs' operations in Singapore marks a crucial stride toward wider adoption of digital assets in the country and in the world.

One of the upgrades involves the use of nBTC, which is intend to not only streamline and decentralize available methods of bringing Bitcoin into the Cosmos Network, but also empower users.

What Ryoshi and Kusama did not explicitly reveal to the Shib Army was the groundbreaking role of Shibarium in revolutionizing SHIB, the native token of the ecosystem. This was pointed out by Bitrue chief strategy officer Robert Quartly-Janeiro.

Aside from the report, the committee recommended that the Directorate of Criminal Investigations start probing Tools for Humanity Corp and Tools for Humanity Gmbh, two companies affiliated with Worldcoin, for allegedly operating in Kenya illegally.

Google Cloud, a suite of public cloud computing services offered by search engine giant Google, is now an official validator for the layer-2 blockchain Polygon proof-of-stake (PoS) network, joining more than 100 other validators in securing the network.

The timing of the transfers raises suspicions within the crypto community, especially since Sam Bankman-Fried's first criminal trial is scheduled for Oct. 4.

The SEC included the conversation between Kwon and Shin in the documents filed in court as part of its efforts to depose the TFL CEO in the United States.