In a turn of events that has stunned the crypto world, Multichain, a prominent cross-chain protocol, is ceasing operations. The unexpected shutdown follows the arrest of its CEO, Zhaojun, in China, an incident that has sent uncertainty through the global
The European Commission has recently unveiled an ambitious plan to make Europe a global leader in extended reality (XR) and Web 4.0. As part of this strategy, the Commission forecasts the creation of as many as 860,000 jobs in Europe’s
A wave of support for increased transparency in the crypto space is building, ignited by recent remarks from Gabriel Shapiro, General Counsel at Delphi Labs. In a contemporary twist on the traditional world of finance, Shapiro champions a “13D-style” approach
Arthur Hayes, co-founder and former CEO of BitMEX, foresees a scenario wherein bitcoin becomes the preferred currency for the increasingly dominant realm of artificial intelligence (AI). In his first piece of a three-part essay series – titled “Massa” – Hayes
Amidst concerns of a potential multimillion-dollar exploit, the Multichain MPC bridge platform has experienced abnormally large outflows, triggering alarm among observers and blockchain security experts. On July 6, a series of substantial withdrawals from the Multichain bridges caught the attention
In the vast and complex world of digital currencies, an unexpected financial archaeologist recently unearthed a forgotten fortune. Conor Grogan, Head of Product at Coinbase, took on a digital treasure hunt that led him to discover hundreds of thousands of
The Australian Securities and Investments Commission (ASIC), the regulatory authority responsible for overseeing financial markets in Australia, has reportedly conducted searches at the offices of Binance Australia. This development comes as ASIC expands its investigation into the exchange’s derivatives operations,
The landscape of the cryptocurrency industry is no stranger to controversies. The recent dispute between Gemini’s co-founder Cameron Winklevoss and the Digital Currency Group’s (DCG) CEO Barry Silbert is a striking case in point. Now John E Deaton, the founder
Coinbase, one of the major cryptocurrency exchanges in the United States, has launched a firm rebuttal to the U.S. Securities and Exchange Commission (SEC). The crypto heavyweight filed an answer and a notice of intent to file a motion to
Blockchain intelligence firm, Santiment, has recently observed a remarkable increase in whale activity for several digital currencies. In a recent tweet, transfers worth over $10 million were observed, making it one of the year’s top three days for whale movement.
In a sudden twist to a complex regulatory saga, major cryptocurrency exchange FTX has filed a lawsuit against its former regulatory and compliance executive Daniel Friedberg. FTX accuses Friedberg of an illicit series of payments designed to silence whistleblowers from
Lookonchain, a blockchain analysis platform, highlighted an ingenious yet deceptive scam concerning fake WETH (Wrapped Ethereum) in the crypto market. The swindle involves scammers creating counterfeit WETH tokens, transferring these from reputable wallets, and buying memecoins. This elaborate trick may
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