Three individuals executed a sophisticated theft of $243 million in Bitcoin by using a social engineering attack.

Prediction markets are experiencing growth, with platforms like Polymarket advancing the sector. Castle Capital reported in its latest deep dive that these markets enable users to bet on future events using crypto, moving traditional gambling into a decentralized domain.

In the last year and nine months since December 2022, more than 75 million Ordinal inscriptions have been minted on the Bitcoin blockchain, according to the latest statistics. This technology has given Bitcoin a new role in the world of digital collectibles.

Crypto.com can now offer payment services in Bahrain after the Central Bank approved its local subsidiary

Los Angeles law enforcement arrested at least two persons involved in a $243 million social engineering attack launched against a lone Genesis creditor.

Base network saw over 34,000 high-risk vulnerabilities in its smart contracts, including malicious boolean checks and library tampering, according to new data.

TL;DR Blum has attracted more than six million new users each week, reaching a total of over 60 million active users and 4.8 million Twitter followers. Blum's airdrop is expected to take place in October 2024, although the lack of official announcements has caused concern within the community.

Binance CEO Richard Teng emphasizes the urgent need for Tigran Gambaryan's release. The exchange will not comply with Nigeria's digital asset regulations until Tigran Gambaryan is released from custody.

A man in Komsomolsk-on-Amur, a city in Russia's Far East, has been arrested on suspicion of high treason for allegedly sending cryptocurrency to Ukraine's military forces.

FTX's distribution of creditor funds is still expected to start in Q4. The earliest stage of the process is just weeks away, with $16B of crypto assets set to be released back into circulation.

On-chain sleuth ZachXBT has detailed how a trio of hackers made off with over $240 million in crypto.

Popular crypto analyst Moustache, the altcoin market may soon experience significant volatility. His recent analysis suggests that altcoins could see an explosive move, deviating from the current sideways trend. Drawing comparisons to the bull runs of 2017 and 2021, Moustache suggests that a significant change in the market is approaching.

Two Republican Congress members are seeking clarification from the Securities and Exchange Commission (SEC) regarding the regulation of airdrops.

Two people have been arrested following an investigation into a $243 million heist of a creditor of defunct trading firm Genesis, according to blockchain sleuth ZachXBT.

Three individuals executed a $243 million crypto theft from a single Genesis creditor in August, employing advanced social engineering tactics, according to blockchain investigator ZachXBT. The perpetrators, identified as Greavys (Malone Iam), Wiz (Veer Chetal), and Box (Jeandiel Serrano), orchestrated a multi-step attack that compromised the victim's personal and exchange accounts.

Stablecoin issuers are now among the largest holders of U.S. treasuries alongside sovereign nations like Saudi Arabia and South Korea.

Goldman Sachs-backed blockchain infrastructure provider Blockdaemon is reportedly considering a public listing in 2026. The company, valued at approximately $3.3 billion, is closely monitoring market conditions, particularly in the US and Asia-Pacific (APAC) regions, before making a final decision on its Initial Public Offering (IPO).

Crypto sports sponsorship is cautiously rebounding in 2024, signaling a modest revival from the downturn following the boom in 2021. Despite these signs of recovery, the sector still falls short of reaching the highs witnessed during the peak year.

The partnership will bring cryptocurrency trading and custody solutions to around 700 cooperative banks, with an initial rollout planned for late 2024.

Coinbase has reportedly agreed to a demand for a discovery deadline extension requested by the US SEC.

AVAX jumped 12.5% and APT rose 9.9%, leading the gainers.

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Vishal Sacheendran, Binance's Head of Regional Markets, stated that the upcoming U.S. presidential election is unlikely to significantly influence global regulations surrounding crypto.

OKX has rethought the strategy in three major areas; the look and tech aspects of its application, its approach toward regulation and expansion, and its brand strategy as the primary partner of McLaren Formula 1 Team, OKX CMO Haider Rafique told CoinDesk in an interview.

Cryptocurrency exchange giant Binance has set two specific conditions before it will consider licensing under the Nigerian Securities and Exchange Commission's (SEC) regulatory framework for Virtual Asset Service Providers (VASPs).

Germany's DZ Bank is set to provide its 700 cooperative bank customers access to crypto trading and custody services through a partnership with Boerse Stuttgart Digital.

RealVision's chief crypto analyst Jamie Coutts shared his insights on the current crypto market downturn, hinting at a potential bullish shift based on technical indicators. What Happened: In a detailed thread of X, Coutts highlighted a 55% pullback of the top 200 cryptocurrencies equally weighed over the past six months.

UNKJD Soccer, a popular Web3 sports mobile game, has announced a new collaboration with global sportswear brand Puma. The partnership will bring Puma's iconic designs and content to the game, offering players new characters, skins, and exclusive tournaments. UNKJD Soccer Introduces Puma-Inspired Characters and Skins in New Partnership According to the announcement shared with Bitcoin.

The SEC requested a four-month delay in its legal battle with Coinbase, raising questions about political motivations and regulatory strategy.

The creator of the Azuki NFT collection, Chiru Labs, is expanding its digital footprint and enhancing its anime-focused entertainment offerings by launching Anime.com.

The Bank of Canada has been openly researching the implications of a central bank digital currency (CBDC) since 2019.

“I don't see any reason right now for a celebrity to launch a token, whether it's a meme coin or utility-based token,” says Skale Labs CMO

The impact of the first United States interest rate cut in around four years is visible to the global market industry, led by stock indexes, precious metals, and crypto assets. During the mid-London session, the crypto market cap gained nearly 2 percent in the past 24 hours to hover about 2.24 trillion on Thursday.

Under the terms of the partnership with Commerzbank, Crypto Finance will handle trading services, while the bank will focus on the custodianship of assets.

The largest asset manager in the world, BlackRock, has cautioned about the possibility of higher market volatility after U.S. Interest rates were recently lowered by 50 basis points by the Federal Reserve.

As the price of Bitcoin (BTC) reclaims the $62,000 mark during the early Asian trading hours, the cryptocurrency market has experienced a strong bullish recovery with top altcoins heading toward their important resistance levels.

Blockdaemon executive Andrew Vranjes said that tax regulations and the lack of uniform regulations across jurisdictions hold back institutions from adopting blockchain.

The ongoing battle between the U.S. SEC vs Coinbase has taken an unexpected turn. In a recent move, the SEC requested a four-month extension on the fact discovery deadline, pushing it to February 2024—right after the presidential elections. This delay has sparked speculation, especially as the SEC faces mounting challenges in the crypto space.

A stablecoin is a type of digital currency that's designed to keep its value steady, just like the Euro you use every day. The EURe is special because it's fully regulated and backed by real Euro deposits.

Louisiana State Treasurer Dr. John Fleming announced the integration, which allows residents to pay for state services using Bitcoin, Bitcoin Lightning, and USD Coin. The first payment was successfully made to the Louisiana Department of Wildlife and Fisheries. This new system is made possible by a service that converts cryptocurrency into U.S.

As the US presidential election approaches, less than two months before what could be a turning point for the crypto industry, experts are expressing skepticism about its potential impact on the crypto market, according to a CNBC report.

Bitcoin miner Hut 8 is expanding its partnership with Bitmain to introduce a new ASIC miner with direct liquid-to-chip cooling, set to deploy in Q2 2025.

The Australian Central Bank is focusing on a wholesale central bank digital currency (CBDC) due to its potential economic benefits compared to a retail CBDC. The Reserve Bank of Australia (RBA) has launched Project Acacia, a three-year plan to explore wholesale CBDC opportunities.

The first banks will be connected this year, with a phased roll out for selected retail customers.

TL;DR Fed Rate Cut Boosts Crypto: The Federal Reserve's decision to cut interest rates has sparked a significant surge in the crypto market, driving renewed investor interest in digital assets. Bitcoin Leads the Rally: Bitcoin's price surged following the announcement, with analysts predicting it could reach $68,000 by the end of 2024.

The existence of compliant centralized stablecoins will help TradFi users engage with digital assets seamlessly and without worrying.

In addition to CertiK Ventures' $45 million investment plan, CertiK also announced the launch of free community tools including Token Scan and Wallet Scan.

Silvergate Capital Corporation, the parent company of crypto-focused Silvergate Bank, filed for Chapter 11 bankruptcy on September 18 in the US Bankruptcy Court for the District of Delaware. This action concludes an 18-month period of operational wind-down that began in March 2023.