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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.
OpenSea ‘unaware’ of any involvement of former exec in $60M rug pull
A former OpenSea employee has been accused of assisting the infamous AnubisDAO rug pull in 2021; however, some commentators have raised doubts.
Gitcoin screws up transfer, sends $460K to unrecoverable address
Gitcoin’s project lead said the snafu has resulted in nearly half a million in funds being forever locked in a one-way contract address.
Ripple CTO seeks community consensus for XRPL AMM feature adoption
Schwartz stated that if the majority supports the amendment, the changes could be implemented in as little as two weeks.
Stars Arena secures funds to plug $3M exploit, set to reopen after security audit
Stars Arena was hacked for roughly $3 million worth of AVAX tokens, with the hacker reportedly sending the funds to the Fixed Float crypto exchange.
SBF trial underway, Mashinsky trial set, Binance’s market share shrinks: Hodler’s Digest, Oct. 1-7
Sam Bankman-Fried trial is underway, Alex Mashinsky trial data is set, and Binance’s market share shrinks.
What is finality in blockchain, and why does it matter?
Finality ensures irreversible transactions — crucial for trust and security — prevents double-spending and fraud, and keeps blockchain records immutable.
Long and short positions, explained
Long positions involve buying assets to profit from price increases, while short positions entail selling borrowed crypto, aiming to repurchase it cheaper for profit.
Elon Musk's X platform faces backlash over XRP account suspension
Crypto Eri, a prominent figure in crypto, contacted Elon Musk on X, seeking clarification about the account suspension.
September sets 2023 exploit record, and DAOs can democratize science: Finance Redefined
September was the biggest exploit month in DeFi, with over $300 million in losses, taking the crown from August.
Latest from Web3 gaming: Gaming Demo Day with Cointelegraph Accelerator, Animoca Brands, BGA, Metaera, Cipholio and Sandbox
Cointelegraph Accelerator, Animoca Brands, BGA, Metaera, Cipholio and Sandbox the second Gaming Demo Day to showcase seven new projects from the Web3 gaming space.
3AC fugitives in disarray as OPNX faces new peril: Asia Express
3AC co-founder Su Zhu was arrested in Singapore, leaving several disgraced blockchain executives’ entrepreneurial ventures in disarray.
ConsenSys exec on MetaMask Snaps security: 'consent is king’
ConsenSys head of developer community Francesco Andreoli explained that users could get more transaction insights through MetaMask Snaps.
First Look: Art gallery in Dubai to educate artists on NFTs, Web3
37xDubai founder Danilo Carlucci said the gallery uses NFTs based on the Tree of Life art display as its membership token.
OKX exec says KYC will ‘raise the bar,’ bring real capital into crypto: Blockchain Economy Dubai 2023
Lennix Lai, OKX’s global chief commercial officer, told Cointelegraph that bringing traditional finance investors into the space would require raising compliance standards.
THORSwap goes into 'maintenance mode' to counter illicit funds movement
THORSwap acknowledged the ongoing illicit use of the DEX and are acting to find a permanent block to the misuse.
SocialFi app Stars Arena dispels ‘coordinated FUD' after patching ‘noob’ vulnerability
A fault in the Stars Arena price function allowed hackers to escape with roughly $2,000, however the vulnerability has since been patched.
Friend.tech copycat StarsArena patches exploit after some funds were drained
StarsArena announced that attackers were draining funds through a loophole, but the contract has been patched to prevent further damage.
Nearly half of crypto users invest to boost living standards: Report
A survey from crypto exchange Bitget featured more than 1,500 respondents across 20 countries.
Crypto VC funding falls to 3-year lows as market rout continues
Venture capitalists are doing fewer deals and the average deal size is getting much smaller, according to researchers.