Blockchain Financial News

Ethereum developers launched a new testnet on Sept. 15. Called “ Holešky,” the network is expected to be used for staking, infrastructure and protocol-development, according to its developer documents. Sepolia will remain the dominant network for application development.

Blockchain researchers say North Korea-linked hackers are likely behind a $70 million theft from crypto exchange CoinEx. CoinEx, which says it is based in Hong Kong, said on Tuesday on social media platform X, formerly known as Twitter, that wallets used to store the exchange's crypto assets had been hacked. It said on Friday it estimates its losses at $70 million, which it said is a «small portion» of its total assets.

Although good-willed people try to flourish in the crypto economy, the crypto space is not completely free from malicious actors. Here are a few of the threats lurking in the shadows of the blockchain world:

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________

Indian crypto exchange that recently celebrated its success and existence as they have been in the business for two years with two lakh plus users, which is still growing with time. With the changing times and our country being a developing country, accepting modern changes brings a lot of changes and innovation to our country. With that innovation and changes, CoinCRED has also stepped up its game and launched India’s first cryptocurrency, Gandercoin, making it the bestcryptoexchangeinIndia. This article lets you through the unique features and its potential to completely change how we transact, invest, and safeguard our financial assets.

Friday, September 15th, 2023 – If you had bought $100 of Bitcoin in 2011, it would have been worth $3m when BTC was trading at $30,000 earlier this year – could Bitcoin BSC repeat that feat?

The Japanese government reportedly plans to permit start-ups to raise public funds through the issuance of crypto, assets, such as currencies, instead of stocks, local media has reported. 

Everlodge (ELDG) is a unique project aiming to disrupt the real estate market. With its innovative approach to property ownership and rewards through the Everlodge Rewards Club, ELDG offers a fresh perspective on how blockchain technology can reshape the real estate industry. This soon-to-come property marketplace will digitize and mint luxurious properties into NFTs.

The Bitcoin (BTC) miner who received the 19.8 BTC in fees has returned the funds to blockchain infrastructure firm Paxos, after its claims that the company made the mistake of paying over $500,000 in BTC transfer fees. 

Fantasy sports platform GameOn has partnered with the Spanish football league LALIGA to develop Web3 games for players in the US and Canada.

Germany has reached an all-time high in global venture capital funding share in 2023 despite a decline in the overall performance of the blockchain market across the globe, according to a report published by Crypto Valley Venture Capital (CVVC). 

Lawyer John Deaton, who represents numerous XRP token holders in the Ripple- Securities Exchange Commission (SEC) lawsuit, has formally submitted his notice of appearance as an Amicus Curiae in the LBRY lawsuit. 

The United States Securities and Exchange Commission (SEC) has accused Binance.US of non-cooperation in the ongoing investigation against the crypto exchange, according to a court filing dated Sept. 14.

Cosmos (ATOM) Hub, an integral blockchain within the Cosmos Network, announced the successful completion of its v12 upgrade. The update introduces the Liquid Staking Module (LSM) that allows ATOM token holders to bypass the previously mandated 21-day unbonding period for unstaking their assets.

Australia and New Zealand Banking Group is one step closer to launching its bank-issued stablecoin A$DC after the bank successfully executed a test transaction on Chainlink’s Cross-Chain Interoperability Protocol.

It’s no secret that traditional gamers harbor a strong sense of disdain for crypto and non-fungible tokens (NFTs) in their games. The reason for this is clear, says Atari founder Nolan Bushnell, it all started with the insane rise of play-to-earn games.

One year after its historic transition to proof of stake, Ethereum has seen a massive reduction in energy use and a marked improvement in access to the network, however, a number of technical issues still mark the road ahead.

Bond Exchange (BBX), the securities solutions management unit of the global investment bank said on Friday. BBX, which was launched in 2020 to simplify bond investing, is the world's first fractional bond exchange. The deal will enable Citi's clients who meet a certain criteria, to become participants on the exchange and trade bonds, with the investment bank providing settlement and custodial services. «The proprietary digital custody technology is scalable and will allow us to provide settlement and custody services for clients investing in assets issued on permissioned blockchain networks and digital financial management information systems (FMIs),» said Nadine Teychenne, head of digital assets for Citi Securities Services. The recent partnership is an extension to Citi being initially chosen by BBX in 2021 to act as a custodian for the underlying bonds issued and traded on its exchange as fractionalized assets. «Digital Custody is the next big step in the transformation of the bond market, making bond markets, more transparent, electronic and accessible to all,» said Rahul Banerjee, CEO and co-founder of BondbloX.

Cryptocurrency stolen by North Korea-linked hackers is down a whopping 80% from 2022 — but a blockchain forensics firm says it isn’t necessarily a sign of progress.

Fortress Trust's recent disclosure of a cryptocurrency theft totaling nearly $15 million has shed light on a complex situation involving a third-party vendor and a phishing attack.

Crypto exchange Remitano experienced large withdrawals under suspicious circumstances on September 14, with some blockchain analysts concluding that it may have been hacked. A total of $2.7 million worth of crypto has been withdrawn through the suspicious transactions. Tether has frozen one address the attacker allegedly used, potentially saving $1.4 million worth of customers' crypto.