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03 oct. 2023
Binance continues to wind down BUSD by ending borrowing and staking support for the stablecoin
Global crypto exchange Binance announced on Oct. 3 that it will end support for Binance USD (BUSD) borrowing and staking positions by Oct. 25, 2023. This closure appears to be part of a wider plan to phase out the troubled stablecoin, as regulatory scrutiny intensifies.
Binance has urged its use...
India is reportedly developing a comprehensive global database encompassing all crypto exchanges, even those on the dark web, to bolster the detection of cryptocurrency-related crimes.
This initiative is slated to launch by the end of this fiscal year or in March 2024. It forms a crucial part of Ind...
The futures market has traditionally been a barometer for investor sentiment. Open interest, representing the total number of outstanding futures contracts that have not been settled, is a measure of market activity. Historically, rising Bitcoin prices have been correlated with an increase in open i...
Non-custodial Bitcoin (BTC) bridge Nomic revealed that it would soon allow the top cryptocurrency to be "universally accessible" within the Cosmos (ATOM) ecosystem through a planned upgrade scheduled for Oct. 27.
Cosmos, a prominent blockchain network boasting a market capitalization exceeding $2.5 ...
At the ResearchHub SciCon 2023 conference, investor Jason Fang of Sora Ventures spoke about the need for business development in decentralized science.
Fang said a critical risk for decentralized science, also called DeSci, is the longer timeframe compared to other crypto investments. "For us, I thi...
News
03 oct. 2023
South Korean gaming titan Wemade taps Chainlink for interoperable Web3 gaming ecosystem
South Korean gaming giant Wemade (WEMIX) will use Chainlink's (LINK) Cross-Chain Interoperability Protocol (CCIP) to power an interoperable Web3 gaming ecosystem.
According to an Oct. 3 statement, Wemade will power its Unagi omnichain ecosystem with Chainlink CCIP. The Unbound Networking & Accel...
London, United Kingdom, October 3rd, 2023, ChainwireMetacade, the world's first community-led gaming platform, has confirmed a collaboration with Polygon Labs, focused on driving user acquisition, testing and the adoption of 100's of new games and customers on the Polygon protocols. The move opens u...
John Reed Stark, a former official of the U.S. Securities and Exchange Commission (SEC), has outlined three primary reasons why the FTX former CEO Sam Bankman-Fried (SBF) will be convicted at his upcoming trial.
The reasons
In an Oct. 2 post on X (formerly Twitter), Stark highlighted the negative im...
News
03 oct. 2023
Around $20M at risk as Friend Tech’s security comes under scrutiny with users reporting SIM-swap attacks
The security of Friend.Tech users' funds are in question due to a wave of reported compromised accounts and the subsequent loss of funds through SIM-swap attacks and hacks.
Victims
In an Oct. 3 post on X (formerly Twitter), a victim, Daren, revealed how he was SIM swapped and robbed of 22 ETH.
"The ...
News
03 oct. 2023
Binance assists Royal Thai Police in massive crypto scam crackdown, leading to recovery of over $270M
Binance, the world's leading blockchain ecosystem and digital asset infrastructure provider, recently assisted the Royal Thai Police in two primary operations to dismantle criminal networks engaged in crypto scams.
According to a Binance blog post, these significant enforcement actions, marked by th...
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