CZ Outlines His Next Moves After Being Released
Changpeng “CZ” Zhao, former CEO of Binance, took to social media to make his first statements after being released from a correctional facility where he was confined for compliance crimes.…
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Deep Chainsaw: Milei’s Government Prepares New Measures to Curb Public Spending
Federico Sturzenegger, Argentine President Javier Milei’s Minister of De-Regulation and State Transformation, explained that the administration is preparing to implement new measures to reduce public spending. Calling it “Deep Chainsaw,”…
US License Expiration Imperils Russia-China Trade in Chinese Yuan
A U.S. license allowing transactions with key players in Russia’s financial system expires on Oct. 12. This could make it harder and more expensive for Russian businesses to trade with…
Zimbabwe Devalues Gold-Backed Currency by 44%
The Reserve Bank of Zimbabwe (RBZ) has devalued the Zimbabwe Gold (Zig) by 44%, causing the currency to plummet from 13.98 to 24.3 against the U.S. dollar. This drastic move…
Blackrock Joins Race to Issue New Stablecoin
Blackrock has announced its backing of a new stablecoin, UStb, launched by Ethena Labs. Supported by Blackrock’s BUIDL fund, UStb is designed to provide a reliable alternative in the stablecoin…
Dubai Regulator Increases Scrutiny on Crypto Companies
Dubai’s Virtual Assets Regulatory Authority (VARA) has implemented stricter regulations for crypto companies to enhance investor protection and ensure transparency. The new rules require firms to include risk warnings in…
Worldcoin and Tools for Humanity Fined in South Korea
Worldcoin, the biometric identification project, and its parent company, Tools For Humanity (TFH), have been fined by the Personal Information Protection Commission (PIPC), South Korea’s data protection agency, for violating…
Check Point Discovers Mobile Crypto Drainer App on Google Play Store: $70K Stolen From 10,000 Users
Check Point Research (CPR) has uncovered a new threat: a mobile crypto drainer app found on Google Play. This app, deceptively posing as the legitimate WalletConnect tool, exploited the growing…
Visa Introduces Tokenized Asset Platform for Blockchain-Based Financial Services
Visa has launched the Visa Tokenized Asset Platform (VTAP), a new product designed to help banks issue fiat-backed tokens on the Ethereum blockchain. This platform aims to digitize and automate…
BOS Open-Sources Zero-Knowledge Protocol, Paving the Way for Advanced Cryptography on Bitcoin
BitcoinOS (BOS) has open-sourced its BitSNARK verification protocol, marking a significant advancement in blockchain technology. This protocol, which successfully verified the first zk-SNARK proof on the Bitcoin blockchain, enables zero-knowledge…
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