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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.

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.

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