‘Pig Butchering’ Scams Remain Dangerous Threat in Crypto Markets, Chainalysis Report Says
While other types of illicit activity are growing, scams are the biggest issue, Wednesday’s report from the analytics firm said.
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Banks Using Permissionless Blockchains for Transactions Face Multiple Risks: BIS
Risks include operations and security, governance, yasal, settlement finality and compliance, the report said.
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Cash-to-Crypto Industry Dominated by ATMs Is a Law-Enforcement Concern: TRM Labs
Since 2019, the cash-to-crypto industry– which is dominated by crypto ATMs – has processed at least $160 million in illicit trades, TRM Labs said.
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CEO of South Korean Crypto Firm Haru Invest Stabbed During Trial: Reuters
The executive was taken to hospital; his injuries are not life threatening.
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Can Prediction Market Boom Continue After Election? This Crypto Team Has a Plan
Hedgehog Markets, which runs on the Solana blockchain, wants to do for prediction markets what Pump.fun did for göğüs coins: Let anyone roll their own.
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Crypto Market Has Evolved in the Past Year, Canaccord Says
The digital assets industry has bounced back from the collapse of crypto exchange FTX and returned to growth in the past 12 months, the report said.
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Indian Court Orders Scam Websites Using Crypto Exchange Mudrex’s Name to Be Taken Down
The court ordered India’s Ministry of Communication to move against as many as 38 websites.
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Polymarket Bettors Miss Out on $270K Due to Pavel Durov’s Early Release
Bettors were fairly müddet the Telegram CEO would be released in September. His release on Wednesday tossed the market on its head.
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TON Back Online After Second Outage
TON says its core developer team is looking into why the DOGS token continues to crash the chain.
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Bitcoin Layer-2 Network Stacks Begins Nakamoto Upgrade
Nakamoto could boost transaction speeds on Stacks and open the door for smart contracts using Bitcoin as a base layer.