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Bitwave acquires crypto accounting platform Gilded

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  • September 18, 2023

Bitwave announced the acquisition to enhance accounting and enterprise solutions amid improving accounting and tax clarity in the United States News Crypto winter continues sparking consolidation among crypto firms. The latest deal in the industry is the acquisition of payments and accounting platform Gilded by one of its competitors, Bitwave. According to a statement shared […]

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Genesis announces winding down of crypto trading services

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  • September 18, 2023

In January, Genesis Global Capital announced it would eliminate its crypto spot trading services “voluntarily and for business reasons” without additional details. News Crypto lending firm Genesis, a subsidiary of Digital Currency Group (DCG), will stop offering spot and derivatives trading for crypto assets through its British Virgin Islands unit. According to a Sept. 14 […]

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Hong Kong central bank warns against crypto firms using banking terms

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  • September 18, 2023

The HKMA said that funds placed on unlicensed “crypto banks” are not protected by the region’s deposit protection scheme. News The Hong Kong Monetary Authority (HKMA) has issued a warning to users that crypto businesses presenting themselves as banks and using banking terminology could be violating the region’s banking laws.  In a press release, the […]

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What are address poisoning attacks in crypto and how to avoid them?

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  • September 17, 2023

Address poisoning attacks involve tracking, misusing or compromising cryptocurrency addresses. Address poisoning attacks are malicious tactics used by attackers who can reroute traffic, interrupt services, or obtain unauthorized access to sensitive data by inserting bogus data or changing routing tables. The integrity of data and network security are seriously threatened by these assaults, which take […]

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North Korean crypto hacks down 80%, but that could change overnight: Chainalysis

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  • September 17, 2023

Crypto bad actors from the Democratic People’s Republic of Korea have stolen $340.4 million in 2023, down from $1.7 billion from the prior year, but that’s no reason to feel at ease. News Cryptocurrency stolen by North Korea-linked hackers is down a whopping 80% from 2022 — but a blockchain forensics firm says it isn’t […]

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AI token trading volume stagnant despite Worldcoin buzz — Kaiko

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  • September 13, 2023

The data revealed an increase in the trading volume of AI tokens in August, reaching approximately $870 million, up from $570 million at the close of July. News While the debut of Worldcoin WLD $1.01 drew attention to artificial intelligence (AI) tokens, recent trading data from Kaiko indicates that AI tokens have stagnated despite the hype […]

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SEC’s Gary Gensler to hold firm on crypto enforcement in Senate hearing

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  • September 13, 2023

Despite his agency suffering a slew of losses in the courts, Gensler is sticking to his guns at the Senate Banking Committee hearing. News Seemingly unfazed by a recent slew of court setbacks, United States Securities and Exchange Commission Chair Gary Gensler remains resolute that his agency should be the one to reign over crypto, […]

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Venture capital exec says ‘lack of innovation’ drives funding away from crypto

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  • September 12, 2023

Foresight Ventures partner Tony Cheng said that most of the narratives like layer-2 solutions, zero-knowledge tech and nonfungible tokens have already “played out.” Interview Compared to 2022, where the first and second quarters of the year saw a combined $20.3 billion flow into the space through venture capital funding, 2023 has been significantly lacking. Venture […]

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What are peer-to-peer payments, and how can they work offline?

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  • September 12, 2023

Find out why it’s crucial for peer-to-peer (P2P) payment networks to be able to operate offline. What is a peer-to-peer payment protocol, and how does it work? Is Bitcoin truly a peer-to-peer protocol?Why did Satoshi Nakamoto describe Bitcoin as “peer-to-peer electronic cash”?What about other digital payment systems?What would it take for CBDCs to be considered […]

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First-gen blockchain games prioritized crypto-earning over gameplay, leading to an unsustainable growth model. Now, a Web3 gaming platform is about to change that.

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  • September 12, 2023

Many first-generation blockchain games were more concerned with crypto-earning than providing a great gaming experience. In contrast, Gala Games, a blockchain gaming platform with a proven history in the Web3 space, prioritizes fun and aims to address concerns about GameFi adoption. Decentralized gaming, better known as GameFi, has been quickly identified as one of the […]

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