Tether appoints Paolo Ardoino as new CEO
Ardoino takes Tether’s helm after serving as the USDT stablecoin issuer’s chief technical officer since 2017.
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Russian hackers may be behind FTX hack: Elliptic
The research firm said that on-chain data point toward Russian hackers, instead of the previously-suspected North Korean Lazarus Group.
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Israel-Palestine crisis: Navigating the intersection of conflict, aid and blockchain
Top blockchain and crypto news: Gaza tensions, digital tremors, NFTs are not dancing in September, Joe Lubin talks traditional system’s twilight.
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ESMA says DeFi can bring greater financial inclusion, but warns of volatility risks
The regulator said that DeFi doesn’t pose a risk to financial stability, due to its small size, but said it needs to be monitored in the future.
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NFTs are here to stay — just not as we once knew them
Once driven by speculation and vanity car plate-like profile images, NFTs are now becoming more useful — with value that is not captured by market prices.
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Bitmain reportedly suspended employee salaries from September
Bitmain, one of the world’s largest Bitcoin application-specific integrated circuit (ASIC) manufacturers, has suspended employee salary payments from September, according to a Tuesday report by China-based tech news outlet Leiphone. See related article: Hamas crypto donation accounts frozen by Israel police Fast Facts See related article: CMCC Global raises US$100 mln to launch Hong Kong…
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Blockchain’s 2 billionth user could be an AI, says Joe Lubin
The CEO of blockchain services provider Consensys and co-founder of Ethereum spoke to Forkast at the Token 2049 crypto conference in Singapore. He discussed decentralization and what he sees as the crucial role to be played by blockchain in AI and vice-versa.
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Israel crypto firms launch emergency crypto fund
Crypto Aid Israel, a fund aiding war-impacted citizens, uses a multi-signature wallet for Bitcoin, Ether, and stablecoins donations.
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Crypto investment products record highest inflows since July: CoinShares
Inflows in cryptocurrency investment products reached US$78 million last week, the highest volume since July, according to crypto asset manager CoinShares. See related article: Alameda had a US$65 bln line of credit, says FTX co-founder Gary Wang Fast Facts See related article: DOJ seeks to block Bankman-Fried from bringing up Anthropic fundraise in court
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Can Asia’s progressive regulators tame crypto’s Wild West?
The Web3 sun is shining in Hong Kong, Singapore and Japan, where forward-thinking regulations are fostering crypto’s growth while boosting investor protections.