421352
Mia
@mia20 #421352
I love crypto and game music 🎶
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The U.S. Financial Crimes Enforcement Agency discovered that TD Bank failed to report suspicious cryptocurrency transactions. One of its customers transferred $420 million to cryptocurrency service providers in high-risk regions like Colombia. As a result, TD Bank was fined $3 billion for violating anti-money laundering regulations. Toronto-Dominion Bank, one of the largest banks in Canada, also serves over 10 million customers in the United States.
Vitalik published an article exploring ways to improve Ethereum's PoS system. He focused on two main objectives: reaching single-slot finality (where blocks are finalized in just one slot) and making staking more accessible by reducing the minimum staking requirement to 1 ETH. To achieve these objectives, he suggested three possible approaches: enhancing the signature aggregation protocol, introducing the Orbit committee mechanism, and creating a two-tier staking system.
The U.S. government may soon begin selling 69,000 BTC confiscated in connection with the Silk Road case. The court has authorized the sale of these BTC, valued at approximately $4.3 billion.
Degen😍😍
Afik Rechler examined the global search trends for Hamster Kombat, a popular game on the TON network that recently launched its tokens. The search volume is highest in India at 22%, followed by Pakistan at 14%. Bangladesh and Russia each account for 6%, while Nigeria and Indonesia both represent 5%. These percentages also indicate where the game's user base is concentrated.
The issuer of the USDC stablecoin, Circle Internet Financial, will move its global headquarters from Boston to New York. The company's head office will be located on one of the upper floors of the main building of the World Trade Center, also known as the Freedom Tower.
Huma Finance announced the successful completion of a $38 million funding round, consisting of $10 million in equity investment and $28 million in real-world assets (RWA) investment. The round was led by Distributed Global, with contributions from Hashkey Capital, Folius Ventures, and others. Huma plans to use the funds to grow its blockchain-based PayFi platform and intends to expand to the Solana and Stellar Soroban smart contract networks in the coming months.
Flowcarbon, the startup co-founded by former WeWork CEO Adam Neumann, is refunding investors after the Goddess Nature Token was not launched as planned. The company had previously announced a $70 million funding round in May 2022, with at least $38 million coming from token sales. Notable investors included a16z and Samsung NEXT.
Huma Finance announced the successful completion of a $38 million funding round, consisting of $10 million in equity investment and $28 million in real-world assets (RWA) investment. The round was led by Distributed Global, with contributions from Hashkey Capital, Folius Ventures, and others. Huma plans to use the funds to grow its blockchain-based PayFi platform and intends to expand to the Solana and Stellar Soroban smart contract networks in the coming months.
FBI: Americans lost $5.6 billion due to crypto fraud in 2023! (A 45% increase compared to 2022)
Binance's subsidiary, Tokocrypto, has received a physical crypto asset dealer license from Indonesia's Commodity Futures Trading Regulatory Authority. This makes Tokocrypto the third exchange in Indonesia to obtain the PFAK license. The exchange has seen its user base grow to over 4.5 million this year.
Today, the Penpie hacker deposited the remaining 1,661 ETH into Tornado Cash, completing the laundering of approximately 11,261 ETH (valued at $27 million) stolen from Penpie. Despite Penpie's earlier attempt to negotiate a bounty, offering the hacker the chance to return the funds, become a white-hat hacker, and avoid legal consequences, the hacker appeared to ignore the proposal and continued with the transfers.
Switzerland's fourth-largest bank, Cantonal Bank Zurich (ZKB), has introduced cryptocurrency trading and storage services, supporting Bitcoin and Ethereum. These services are seamlessly integrated into ZKB's existing platforms, such as electronic and mobile banking, allowing customers to trade cryptocurrencies 24/7.
Binance Kazakhstan has received formal approval from the Astana Financial Services Authority (AFSA) for a full regulatory license. This will allow Binance Kazakhstan to operate a virtual assets trading platform and offer a variety of virtual asset-related services.
Penpie, a DeFi protocol based on the Pendle tokenized yield platform, was hacked, resulting in the loss of mainly LRT assets, including wstETH, agETH, and rswETH. The hackers exchanged most of the stolen assets for 11,109 ETH, valued at approximately $26.95 million. Of this amount, 1,000 ETH was laundered through Tornado Cash.
Hackers who breached the Indian exchange WazirX have begun moving the stolen funds through the Tornado Cash mixer.
Scammers swindled 250,000 USDT from a Kyiv entrepreneur.
Four criminals, posing as law enforcement officers, intimidated the man with false criminal charges. To "resolve the issue," they demanded 10 million hryvnias in cryptocurrency. The police have arrested the fraudsters, who now face up to 12 years in prison.
Four criminals, posing as law enforcement officers, intimidated the man with false criminal charges. To "resolve the issue," they demanded 10 million hryvnias in cryptocurrency. The police have arrested the fraudsters, who now face up to 12 years in prison.
Galaxy Research reported that since their launch, Ethereum ETFs have been trading at volumes significantly lower than those of Bitcoin ETFs, even when compared to the ETH/BTC volume and market cap ratios on CEXs. This discrepancy is due to various factors, including the fact that prime trading desks have yet to offer margin trading on Ethereum ETFs.
In August, Polymarket's trading volume exceeded the combined trading volume of all NFTs across all networks. While the trading volume for NFTs over the past 30 days was approximately $377 million, Polymarket saw $463 million in activity on its platform.
Top 10 Crypto Fundraising Rounds in August.
Feixiaohao, a leading cryptocurrency market data website in China similar to CoinGecko, is reportedly under investigation by Chinese authorities. The investigation has been ongoing for over six months, and the exact reasons remain unclear. Many of Feixiaohao’s exchange partners have reported that they are unable to make contact with the company.
The Indonesian government is contemplating blocking the live-streaming platforms Bigo Live and Telegram due to accusations that they are being used to spread pornographic content and promote online gambling. Despite receiving warnings, the companies' responses have been deemed inadequate by the authorities.
👍#Crypto
Polymarket has launched two new markets related to the recent events surrounding Pavel Durov and Telegram.
Polymarket has launched two new markets related to the recent events surrounding Pavel Durov and Telegram.