Author: Sahil Thakur
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Near Protocol’s X page hacked for the second time, until it was revealed to be a marketing plot
On September 4, Near Protocol’s X page was reportedly hacked, though unlike most crypto hacks, this breach didn’t involve promoting scams or phishing. Instead, the hackers posted a series of anti-crypto messages directed at the cryptocurrency community and the broader web3 space. Later, it was revealed that this was in fact a marketing plot by…
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Trump family accounts hacked to pull off Solana scam
Hackers have targeted the X accounts of Lara and Tiffany Trump, posting deceptive links to sham crypto projects. The official X accounts were compromised on September 4th, with the hackers promoting fake blockchain addresses for the upcoming World Liberty Financial (WLF) project. Eric Trump, Lara’s husband, confirmed the breach in a now-deleted post, urging users…
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Qatar brings regulatory framework for digital assets
The Qatar Financial Centre (QFC) has introduced a comprehensive regulatory framework for digital assets, aiming to build a secure and transparent ecosystem that adheres to international standards. The new framework aligns with Qatar’s Third Financial Sector Strategy and is expected to attract both domestic and international players, bolstering the country’s financial services sector. The QFC’s…
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Australia with highest growth in Bitcoin ATMs
Bitcoin ATMs are rapidly proliferating in Australia, making it the fastest-growing market for these kiosks globally. Users of these ATMs can deposit cash to receive cryptocurrency in digital wallets or withdraw cash from crypto sales. The United States leads the market with around 32,000 machines, followed by Canada with 3,000. Australia has surged to third…
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BlackRock Bitcoin ETF sees $13.5M in outflows.
BlackRock’s spot Bitcoin exchange-traded fund (ETF), the iShares Bitcoin Trust (IBIT), experienced net outflows of $13.5 million on August 29, marking its first major loss in four months. This downturn follows similar outflows in May, where the fund saw losses totaling $36.9 million. The outflows are notable given the ETF’s popularity among retail traders seeking…
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Elon Musk cleared of Doge price manipulation charges
A Manhattan judge has permanently dismissed a lawsuit accusing Elon Musk and Tesla of manipulating the price of Dogecoin (DOGE) by leveraging Musk’s social media presence and public statements. U.S. District Judge Alvin Hellerstein ruled that Musk’s comments about Dogecoin were “aspirational and puffery,” rather than factual claims, making them unreliable for reasonable investors. Hellerstein…
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Only certain Palestinian accounts frozen by Binance: Richard Teng
Binance has come under scrutiny after blocking a limited number of Palestinian user accounts linked to illicit funds. This action, clarified by Yi He, Binance’s co-founder and chief customer service officer, followed accusations that the company had seized all Palestinian assets at the request of Israeli authorities. Yi He responded to these claims on X,…
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OpenSea gets Wells Notice from the SEC
OpenSea, a prominent NFT marketplace, has received a Wells notice from the U.S. Securities and Exchange Commission (SEC), signaling the agency’s intention to pursue enforcement action. CEO Devin Finzer disclosed on X that the SEC believes NFTs traded on the platform might be classified as securities, a stance that could have significant implications for the…
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Vitalik Buterin reportedly donates $517k to mobile project ethOS
Vitalik Buterin appears to have financially supported ethOS, a project touted as the world’s first Ethereum-based mobile operating system. Data from Arkham shows that Buterin transferred 199.9 ETH, worth over $517,000, to a Gnosis Safe multi-signature contract, which is believed to be a donation to ethOS. This open-source project, developed by Freedom Factory, was initially…
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Polymarket odds slim for August release of Pavel Durov
After the arrest of Telegram founder Pavel Durov in France on 24th August, betting site Polymarket has had a prediction of “Pavel Durov released in August?” live. At the time of writing, the markets do not seem favourable for Pavel with only 36% people betting on an August release. There were some reports (now deleted)…