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Trader swaps 131k stablecoins for $0 during USDR depeg

An attempt to withdraw USDR stablecoins amid a liquidity crunch appears to have gone horribly wrong.

Mastercard announces successful wrapped CBDC trial results

The experiment demonstrated that CBDCs could be wrapped to purchase NFTs on blockchains such as Ethereum.

Elon Musk streams, Amazon partners with Immutable, MetalCore preview: Web3 Gamer

X’s new gaming feature, exclusive Q&A with Cronos Labs’ Ella Qiang, Immutable’s cloud titan partner.

Indonesia to conduct blockchain trials for public services

Tuhu Nugraha, who works with the Indonesian government, said that the country will soon conduct trials on applying blockchain technology in public service use cases.

Eleanor Terrett on impersonators and a better crypto industry: Hall of Flame

Fox Business producer Eleanor Terrett’s following exploded after she began providing commentary on the SESC v. Ripple lawsuit.

Circle admitted by judge as amicus curiae in SEC vs Binance lawsuit: Report

The orders to pass the pending motion come just a day before the key hearing between Binance and SEC on Oct. 12.

Crypto lending invalidated by Chinese court in second landmark ruling

Plaintiff Mr. Ming will have no judicial relief to recoup his 80,000 Tether loan after its borrower defaulted.

Platypus DeFi loses $2.2M in another flash loan exploit

The attack marks the third time that Platypus was exploited in 2023, with one incident taking $8.5 million in February and another taking $157,000 back in July.

Coinbase spot trading volume falls by 52% compared to 2022: Report

Coinbase recorded around $76 billion in spot trading volume, showing a sharp decline compared to the same quarter in 2022.

First Abu Dhabi Bank completes cross-border payments testing on JPMorgan Onyx

The FAB pilot follows Bank ABC’s in Bahrain. JPMorgan also just launched its Tokenization Collateral Network on Onyx.

CoinMarketCap launches ChatGPT plugin

The plugin is free to use and features up-to-date crypto data sourced from CoinMarketCap.

Beyond crypto: Zero-knowledge proofs show potential from voting to finance

An emerging cryptographic technology may provide help with two gaping 21st-century needs: Privacy and truth.

Startup demos upcoming decentralized GPU infrastructure network to OpenAI, Uber

io.net has built a decentralized physical infrastructure network that will source GPU computing power for AI and machine learning.

iFinex proposes $150M share buyback from Bitfinex hack affected users: Report

Bitfinex hack victim from 2016 received iFinex shares as a form of compensation as the crypto exchange didn’t have enough cash at hand to make users whole.

JPMorgan debuts tokenization platform TCN with BlackRock among key clients: Report

The platform enables the conversion of traditional assets into digital assets and makes way for faster and more secure settlements on-chain.

British MPs urge action on NFT copyright infringement, crypto fan tokens

A U.K. parliamentary committee called for a crack down on sports fan tokens and recommended the government issue a code of conduct for NFT platforms.

Bitcoin needs Ethereum VM to reach its full potential — Web3 exec

Botanix Labs founder Willem Schroé argues a “huge amount of value” from real-world assets will be captured on Bitcoin, provided it connects to the Ethereum Virtual Machine.

Binance freezes Hamas-linked accounts after Israeli request

The freeze does not affect Binance accounts owned by ordinary Palestinian civilians.

The new Cointelegraph Research Terminal, home to critical crypto data reports

Cointelegraph’s new Research Terminal offers a slick new look and more features to help retail and institutional investors navigate the crypto space.

Circle rolls out native USDC tokens on Polygon

Circle taps into Ethereum layer 2 Polygon to provide USDC liquidity directly on the proof-of-stake scaling protocol.

SBF's Alameda minted $38B USDT to profit off arbitrage trading: Coinbase director

Coinbase director Conor Grogan has flagged on chain data that highlights massive USDT mints ordered by Sam Bankman-Fried’s Alameda Research in 2021.

Sam Bankman-Fried just like Bernie Madoff, Cardano founder says

Charles Hoskinson likened SBF to Bernie Madoff, the mastermind behind the largest Ponzi scheme in history, and says the media is giving him a “free pass.”

Mistake or money laundering? User pays $1.6 million for CrypToadz NFT

The purchase was funded from a digital wallet, which has been a part of the chain of transactions, anonymized by the Ethereum coin mixing service Tornado Cash

Ordswap urges users to recover keys after losing control of website

Before it was taken down, Ordswap users said the compromised website directed users to a phishing link.

FTX hacker could be using SBF trial as a smokescreen: CertiK

The still-unidentified FTX hackers started ramping up their movement of stolen funds in recent weeks, potentially using media attention of the trial as a cover to hide the illicit activity.

Chinese government-owned newspaper to launch NFT platform

China Daily stated that digital collectibles sold on its platform may be bridged to the likes of Opensea and LooksRare.

Astrology NFT project ‘Lucky Star Currency’ rugged for over $1m - Certik

The deployer account for LSC drained over $1 million in tokens from the project, then swapped them to BUSD using PancakeSwap.

Local Web3 community launches ‘Crypto Aid Israel’ to help displaced citizens

The charity campaign aims to raise funds for humanitarian aid to help Israelis affected by the recent conflict.

Bitcoin ASIC manufacturer Bitmain pauses employee salary payments: Report

The firm cited difficulty in achieving "net positive cash flow," in making the decision.

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