Bitcoin Cash
Bitcoin Cash

Alameda sent $4.1B of FTT tokens to FTX before crash: Nansen report

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  • October 16, 2023

Nansen analysts observed “unusual transactions between FTX and Alameda” in the days leading up to FTX’s bankruptcy. Blockchain data analysts from Nansen have revisited the days leading up to the collapse of FTX, including the transfer of $4.1 billion worth of FTT tokens between the exchange and Alameda Research. A Nansen report shared with Cointelegraph […]

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Polygon co-founder steps down, will contribute ‘from the sidelines’

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  • October 16, 2023

Jaynti Kanani said he had stepped back “from the day-to-day grind” at Polygon roughly six months ago News Jaynti Kanani, the co-founder of Polygon, announced that he has stepped back “from the day-to-day grind” on the project for the first time in six years. In an Oct. 4 X (formerly Twitter) thread, Kanani said he […]

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Apple briefly pulls MetaMask from App Store

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  • October 15, 2023

MetaMask was removed from Apple’s App Store for a few hours on Oct. 14, reviving concerns about legal challenges with Big Tech. Ethereum wallet MetaMask was removed from Apple’s App Store for several hours on Oct. 14, raising concerns about its complete removal from the marketplace. The wallet is connected to various Web3 decentralized applications […]

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Nigerian gov supports AI initiatives with $290K in grants

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  • October 15, 2023

The recently introduced Nigeria Artificial Intelligence Research Scheme is designed to facilitate the widespread utilization of AI to drive economic advancement. The Nigerian Minister of Communications, Innovation and Digital Economy, Bosun Tijani, revealed on Friday, Oct.13, that the government intends to grant 5 million naira ($6,444) to 45 artificial intelligence (AI)-focused startups and researchers. This initiative […]

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BitVM wasn’t created to make Bitcoin a pseudo-Ethereum, says developer

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  • October 15, 2023

Building a decentralized exchange on Bitcoin would be a “step backward,” for example, said Bitcoin developer Super Testnet. Interview One of the developers working on “BitVM” — a Bitcoin-based virtual machine — reiterates the tech is intended to scale Bitcoin rather than launching Ethereum-like decentralized finance applications on the network. BitVM’s white paper was released […]

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Ferrari to accept crypto payments in the US

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  • October 15, 2023

Ferrari’s decision to accept cryptocurrency payments was driven by market demand and dealer requests, with numerous clients investing in digital currencies. Ferrari will accept cryptocurrency payments for its luxury sports cars in the United States due to customer demand. The carmaker also plans to accept crypto payments in Europe. According to an Oct. 14 report […]

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Singapore MAS proposes digital money standards with major industry players

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  • October 12, 2023

The Monetary Authority of Singapore, with input from major tech giants, released a white paper on the standards for the usage of digital money such as CBDCs and stablecoins. The Monetary Authority of Singapore (MAS) has released a proposal for a common protocol that would specify the conditions for the use of various types of […]

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Crypto VC funding falls to 3-year lows as market rout continues

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  • October 10, 2023

Venture capitalists are doing fewer deals, and the average deal size is getting much smaller, according to researchers. Startup funding in the crypto industry has fallen back to Q4 2020 levels amid the ongoing bear market.  According to an Oct. 5 report by blockchain analytics firm Messari, a total of $2.1 billion was raised by […]

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Ordswap urges users to recover keys after losing control of website

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  • October 10, 2023

Before it was taken down, Ordswap users said the compromised website directed users to a phishing link. Ordswap, a marketplace that allows users to inscribe, auction, and trade Bitcoin Ordinals, has devised a method for users to retrieve their private keys as it scrambles to regain control of its website domain. In an Oct. 10 […]

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Optimism network launches testnet fault-proof system in pursuit of decentralization

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  • October 9, 2023

OP Labs implemented its modular fault-proof system on the OP Goerli testnet. News OP Labs, the developer of the Optimism network, launched a testnet version of its fault-proof system, according to an Oct. 3 blog post. Once it completes testing, it will allow for “a more decentralized and efficient Superchain,” the post stated. The new system […]

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