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Auros Global expects to resume regular operations following restructuring plan

The crypto trading firm reportedly suffered a $20 million dollar exposure in the FTX collapse.

Former Diablo Immortal devs pick ImmutableX for upcoming Web3 MMORPG

Metaverse Game Studios announces partnership with blockchain gaming platform ImmutableX to power upcoming Web3 gaming title Angelic.

Bitcoin miner Greenidge signs $74M debt restructuring agreement with NYDIG

The deal, if executed, would essentially restructure the company into a hosting firm for Bitcoin mining rigs.

Projects would rather get hacked than pay bounties, Web3 developer claims

After reporting and helping patch a smart contract vulnerability, the developer claims that the projects he helped started to ignore him.

Bringing community-based solutions to crypto lending can solve trust issues

The crypto lending space is plagued with trust and security concerns, but crypto lending platform BNPL Pay offers an innovative community-based lending solution.

Busan city drops global crypto exchanges from its digital exchange plans

FTX was one of the key exchange partners for Busan city, but its recent collapse made the administration reconsider its plans of onboarding third-party crypto exchanges.

Coinbase CEO: Regulate centralized actors but leave DeFi alone

Armstrong said that because centralized exchanges and custodians have the most risk of causing consumer harm, regulators must focus there first and foremost.

BlockFi files motion to return frozen crypto to wallet users

Crypto lender BlockFi has asked a U.S. Bankruptcy Court for the authority to return the crypto held in BlockFi Wallets to users.

Vitalik Buterin reveals 3 ‘huge’ opportunities for crypto in 2023

There's still plenty of room for innovation, according to Ethereum's co-founder Vitalik Buterin.

'Huge signal and validation' — Top Activision exec to take Yuga Labs' helm

Kieran Warwick, co-founder of blockchain role-playing game Illuvium believes Yuga Labs latest hire will be a boon for GameFi.

Successful decentralization doesn't need blockchains: Nillion CEO

According to the CEO of Nillion, “decentralization is a spectrum with multiple axes.”

Grayscale CEO highlights 20% GBTC share buyback option if ETF conversion fails

The proposed offer would require both SEC relief and shareholders' approval.

What is the relationship between blockchain and Web3?

Amidst the Web3 revolution, the importance of blockchain in Web3 lies in offering a universal state layer to build the decentralized Web.

Axelar launches $60M startup ecosystem program

The program aims to accelerate the development of decentralized applications and protocols to replace centralized exchanges.

Binance.US set to acquire Voyager Digital assets for $1B

Previously, FTX US was the largest bidder for the firm's assets, with an offer of $1.4 billion.

How will ChatGPT affect the Web3 space? Industry answers

From smart contract auditing to enhancing user interactions, executives point out how ChatGPT can potentially affect Web3.

Ethereum bulls wake up after four years to transfer 22,982 ETH

The ETH tokens in question originated from trading platforms Genesis and Poloniex and were found transferring 13,103.99 ETH and 9,878 ETH, respectively.

$4B OneCoin scam co-founder pleads guilty, faces 60 years jail

The co-founder of the fraudulent scheme is set to be sentenced in April 2023 on charges relating to wire fraud and money laundering.

Israeli court rules authorities can seize crypto in 150 blacklisted wallets

Over 150 crypto wallets blacklisted for alleged links to funding terror groups can now be drained of all funds following a ruling by an Israeli court.

US Senate banking chair floats possibility of banning crypto

Despite suggesting a possible ban, U.S. Senator Sherrod Brown stated it would be “very difficult” to implement because activity “would go offshore.”

Gate.io experiences slowdown in deposits and withdrawals due to node maintenance

In a statement, the crypto exchange said that users' funds are safe and transactions are still being processed.

OKX cites intermittent outage amid Alibaba Cloud equipment anomaly

Alibaba Cloud Hong Kong IDC Zone C server went offline on Saturday at roughly 10 PM ET and failed to recover for over 7 hours at the time of reporting.

Bitvavo to prefund locked DCG assets worth $296.7M amid liquidity crisis

The Digital Currency Group and its affiliates (DCG) cited liquidity problems as it suspended repayments, temporarily halting users from withdrawing their funds.

Argentina’s province to issue US dollar-pegged stablecoin

The bill also authorizes local artists to issue nonfungible tokens (NFT) to promote financial and cultural inclusion.

Corporate America has finally taken notice of Web3: US trademark lawyer

Trademark applications filed this year covered various disparate sectors.

Raydium is attacked, loses $2 million

The team said that authority over the automated market maker and farm programs have been paused, “for now.”

BNB insurance Binance listing? CZ addresses delisted project's claims

While the delisting didn't concern many due to its inactivity, others questioned the focus on price for delisting as it may prompt projects to artificially pump the price.

New House Financial Services Committee chair wants to delay crypto tax changes

U.S. Republican Representative Patrick McHenry called for clarification on a “poorly” written digital asset tax provision in a letter to the Treasury.

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