Unfazed by SEC tumult, top banks work to make blockchains interoperable

Swift, the interbank payments network, has enlisted a dozen world-class institutions — and Chainlink — to fix blockchain’s interoperability deficit. Follow up Join us on social networks Amid all the tumult in the crypto world, some of the world’s largest banks have been quietly reflecting on ways to bring digital assets to institutional customers. And …

Hinman docs unsealed: SEC concerned over ‘Ether is not a security’ statement

Hinman risked contradicting himself over the statement Ether isn’t a security, unsealed SEC internal discussion documents show. News Join us on social networks Newly released documents showing edits that were made to a 2018 speech given by former director of the Security and Exchange Commission’s (SEC) corporate finance division Bill Hinman suggest the editors were …

Peter McCormack’s Real Bedford Football Club puts Bitcoin on the map

Buying a small-town soccer club with the aim to propel it into the Premier League — the world’s most popular football league — is a script suitable for a Netflix series. In fact, actor Ryan Reynold’s bid to revitalize lower-league Welsh soccer team Wrexham FC has already caught the attention of Disney+ writers.  It’s a …

Atomic Wallet Attackers Funnel Part Of $35 Million Loot Through Sanctioned Garantex Exchange

Summary: The hackers suspected to be North Korea’s Lazarus group moved stolen funds from Atomic Wallet through Garantex, Elliptic reported. Atomic Wallet was hacked of several cryptos including BTC, ETH, USDT, DOGE, LTC, BNB, and MATIC to the tune of $35 million. Lazarus hackers swapped a portion of the stolen funds to BTC using 1inch …

SEC Shakedown Pushes eToro To Delist ALGO, MANA, DASH, And MATIC

Summary: The investment provider will delist four cryptocurrencies for U.S. customers in response to the SEC’s lawsuits against Binance and Coinbase. Customers will not have the option to open new ALGO, MANA, DASH, and MATIC positions from July 12. Users can still hold and sell their positions until further notice. eToro cited “recent developments” as …

Bitcoin Whales Accumulating Nearly $26,000,000 in BTC per Day Amid Falling Prices: Analytics Firm Santiment

A leading analytics firm says that Bitcoin (BTC) whales are in heavy accumulation mode despite the crypto king’s weak price action over the last few months. Santiment says that Bitcoin whales have been adding nearly $26 million in BTC per day since April 9th when the crypto king traded close to $28,000. According to the …

Former SEC Official Says Coinbase Is Committing ‘Criminal Offense’ in Its Defense Against SEC

A former high-ranking official at the U.S. Securities and Exchange Commission (SEC) says Coinbase can’t use their initial public offering (IPO) approval as any credible defense in regard to their recent legal issues. The SEC sued Coinbase last week, alleging the top US crypto exchange operated as an unregistered securities exchange, broker and clearing agency. Coinbase …

DeFi protocol Sturdy Finance offers $100K bounty to hacker if funds are returned

Sturdy Finance founder Sam Forman said the company will not pursue the issue any further if the hacker accepts the offer and returns the remaining funds. News Join us on social networks Decentralized finance (DeFi) platform Sturdy Finance has offered a $100,000 bounty to the hacker that exploited the protocol. The lending platform said that …

Board member Yat Siu answers community concerns on ApeCoin DAO salary payouts

One community member described the salaries as “insanely out of touch,” while another Twitter user accused those who established the rates of being “disconnected from reality.“ News Join us on social networks Leaders of the decentralized autonomous organization (DAO) governing the ApeCoin (APE) ecosystem have been criticized by community members for what they described as …

Ugandan Bitcoiner dreams of the secular economy: BTC Prague 2023

The Bitcoin community helped Uganda’s Brindon Mwiine travel to BTC Prague after winning tickets for his adoption efforts in East Africa. News Join us on social networks A Ugandan Bitcoiner embarked on a community-funded trip from East Africa to Central Europe after winning tickets to BTC Prague for his adoption-driving efforts in his home country. …

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