A senior FTX executive has been revealed as the reported mystery donor behind a massive $500,000 contribution to the Democratic Party of the American state of Oregon. According to local reports, the Oregon Democrats initially told state election officials that the $500,000 donation was from Prime Trust, a crypto-focused fintech in Nevada. However, on Nov. 1, the party director revealed […]

An emergency update was released to all Lightning Network’s LND node operators on Nov 1., after a critical bug caused LND nodes to fall out of sync chain. This was the second critical bug experienced by the network in less than a month.  According to Lightning Labs, developer of the Bitcoin Lightning Network, some LND nodes stopped syncing due to an […]

America’s largest crypto exchange, Coinbase, has come out in support of Ripple amid its ongoing legal brawl with the Securities and Exchange Commission (SEC), which could get the final say by the first half of 2023.  Coinbase Throws Weight Behind Ripple In a series of tweets on Oct 31, Coinbase’s chief legal officer Paul Grewal announced that the exchange had […]

Decentralized storage network Filecoin has partnered with Protocol Labs and other participants within the Web3 ecosystem to launch the Decentralized Storage Alliance. According to the announcement, one of the main goals of the newly formed alliance is to help Web2 enterprises transition to Web3 through education, advocacy and best practices. The Alliance said it hopes to achieve this by bringing together […]

The Reserve Bank of India (RBI) has announced that it will commence a pilot for a wholesale version of its central bank digital currency (CBDC) on November 1. Digital rupee pilots for the retail segment will begin within a month. What’s The Point Of A Digital Rupee? The Indian central Bank is forging ahead with plans for a digital version […]

Four projects have received some $7 million worth of tokens from the hacker behind the $14.5 million Team Finance exploit on Oct. 27. Over the weekend, the attacker confirmed in a series of messages that they would keep 10% of the stolen fund as a bounty and return the other tokens to the affected projects. The exploiter — a self-described “whitehat” […]

Cleverminu, a hybrid meme and Inu token, comprising the best bits of both, has shared details of its much-anticipated token sale. The public event has seen 1 trillion CLEVERMINU tokens made available to establish a decentralized economy powered by its users. The token sale began on October 27 at 9:00 UTC, supporting price discovery and distributing CLEVERMINU to a global […]

Ripple chief technology officer David Schwartz has pushed back against arguments that the XRP cryptocurrency is a laggard in a recent tweet. While some cryptocurrencies in the market posted new all-time highs in recent months, one angry investor claimed that XRP’s price movement is a “disgrace”. In response, Schwartz indicated that one’s view of the token’s price action is dependent […]