Hours after the crypto exchange HTX (rebranded from Huobi) reported a hack that resulted in a loss of $8 million, Changpeng ‘CZ’ Zhao offered the help of the Binance security team in investigating the attack. Timely intervention is key to tracking down and retrieving stolen cryptocurrencies as hackers attempt to hide their tracks using mixers or converting the loot to…
As the national regulators prepare to lay out their crypto regulation framework this month, Taiwan’s platforms have announced the establishment of an industrial association. MaiCoin Group, BitoGroup and ACE became the first three founders of the Taiwan Virtual Asset Platform and Transaction Business Association. The preparatory group for the association was formed in early September, but legally, the initiative would become…
Concerns over the U.S. dollar’s impact on Bitcoin may be overstated by investors, particularly in the longer term. Source: https://cointelegraph.com/public/index.php/news/bitcoin-price-danger-us-dollar-index-golden-cross
The Dollar Strength Index (DXY) achieved its highest level in nearly 10 months on Sep. 22, indicating growing confidence in the U.S. dollar compared to other fiat currencies like the British pound, euro, Japanese yen, and Swiss franc. DXY “golden cross” confir Moreover, investors are concerned that this surge in demand for the U.S. dollar might pose challenges for Bitcoin…
In June, Binance was ordered to halt its services in Belgium “with immediate effect,” leading to the exchange redirecting Belgian users to its Binance Poland en… Source: https://cointelegraph.com/app/public/index.php/news/crypto-exchange-binance-resumes-services-belgium
The majority of Celsius creditors have voted in favor of a plan that will see approximately $2 billion worth of Bitcoin and Ethereum returned to creditors. Source: https://cointelegraph.com/app/public/index.php/news/crypto-lender-celsius-creditors-vote-favor-reorganization-plan
Bitcoin Ordinals inventor Casey Rodarmor says a fungible token protocol like Runes wouldn’t leave as much “junk” on the Bitcoin network as that of BRC-20 tokens… Source: https://cointelegraph.com/app/public/index.php/news/bitcoin-ordinals-creator-casey-rodarmor-pitches-brc-token-alternative-runes
Crypto influencer Ben Armstrong, previously known as BitBoy, has been arrested while live-streaming outside the house of a former business associate, who he alleges is in possession of his Lamborghini. Before the YouTube stream, he posted that he was “going live soon from a very special location.” I’ll be going live soon from a very special location on YouTube so…
The inventor of Bitcoin Ordinals is proposing a new Bitcoin-based fungible token protocol as a potential alternative to the BRC-20 token standard. The BRC-20 standard was launched in March by an anonymous developer “Domo.” Within two months, the BRC-20 market cap reached $1 billion, with PEPE and ORDI among the most notable BRC-20 tokens created on Bitcoin. New terrible idea…
Crypto exchange Binance is teaming up with Japan’s largest bank, the Mitsubishi UFJ Trust and Banking Corporation (MUTB), to explore the issuance of stablecoins in Japan. On Sept. 25, Binance Japan announced a joint study that aims to see the companies issue yen and other fiat stablecoins to accelerate Web3 adoption in Japan. The pair plan to utilize a platform…
