Summary: Texas securities regulators said crypto billionaire and FTX CEO Sam Bankman-Fried is under investigation. The American affiliate of the digital asset exchange known as FTX.US and other company executives are subjects of the probe by Texas authorities. Yield-bearing accounts are the crux of the matter, as explained by enforcement director Joe Rotunda during the ongoing Voyager Digital bankruptcy hearing. […]

Ankr, one of the world’s leading Web3 infrastructure providers, today announces that it has become one of the first RPC (Remote Procedure Call) providers to Aptos, a safe and scalable Layer-1 blockchain. Developers can now access Aptos Testnet Community and Premium RPCs, make request calls, and receive information returns that mirror the results they would get by running an Aptos […]

According to a report by CNBC, via a partnership with regulated blockchain infrastructure platform Paxos, Mastercard is “looking to bring crypto to the masses by making it easier for banks to get involved.” Earlier today, CNBC’s Kate Rooney reported that Mastercard plans to act as a bridge between Paxos and banks with Mastercard handling “the regulatory compliance and security.”   […]

Crypto exchange Binance announced it will launch its first index product, the Top 10 Equal-Weighted Index, to kick off its Binance CoinMarketCap (CMC) Index Series. The Top 10 Equal-Weighted Index will monitor the performance of the industry’s top 10 cryptocurrencies by market capitalization, such as Bitcoin (BTC) and Ethereum (ETH). Binance indices will utilize pricing information from crypto price tracker CMC, […]

While highly regarded even at the time of its writing, Marc Andreessen’s 2011 landmark essay, “Why Software Is Eating the World,” has proven even more prophetic than it seemed at the time. At the dawn of a decade when software would prove invaluable to nearly every aspect of modern life, Andreessen argued that every company was now ostensibly a software […]

Indian crypto exchange CoinDCX’s Twitter account was exploited for over 7 hours weeks ago. The hackers took control of @CoinDCX and kept posting a fake XRP giveaway plan with a phishing link embedded in the message. Pantera-backed CoinDCX with a $2.2 billion valuation is India’s highest-valued crypto exchange. The compromised status of the trading platform was first flagged by blockchain […]

When Wintermute, a cryptocurrency market maker, lost $160 million due to a hack, concerns related to the repayment of debt worth $189.4 million surfaced. However, in an exciting turn of events, Wintermute paid back its largest debt due Oct. 15, involving a $92 million Tether (USDT) loan issued by TrueFi. After repayment of TrueFi’s $92 million loan, Wintermute still owes […]

Russians have hopped on stablecoins to circumvent Western sanctions to send trading volumes to new highs. The decision by SWIFT to kick out Russian banks from the network plays a role in the spike in stablecoin use. A recent study shows that Eastern Europe has recorded the highest number of illegal and risky crypto transactions since the start of the […]