Nasdaq Crypto Move, $160M DeFi Hack, Hong Kong CBDC + More News – Cryptonews | Jewelry Dukan

Source: AdobeStock / JHVEPhoto

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

exchange messages

  • Nasdaq Inc., the second largest exchange, is hiring a new group to oversee digital assets, Bloomberg reported. This new group will initially offer custody services for Bitcoin and Ether to institutional investors, she quoted Tal Cohen, the company’s executive vice president and head of North American markets. Nasdaq hired Ira Auerbach, who ran prime brokerage services at the crypto exchange Twinsto lead the new Nasdaq Digital Assets entity.
  • trading company Alameda Research will repay around $200 million in loans to the bankrupt crypto lender Voyager Digital. According to a court filing, Alameda will return 6,553 in Bitcoin (BTC) and 51,204 in Ether (ETH) in capital and loan fees, as well as smaller amounts in seven other tokens. The loans are to be repaid by September 30th.
  • Indian crypto exchange WazirX has announced the delisting of the major stablecoins Tether (USDT), Pax Dollar (USDP) and True USD (TUSD). Instead, the company will convert the existing balances of users of these stablecoins into Binance USD (BUSD) at a 1:1 ratio.
  • binance Canada has selected Solidus Labs as a transaction monitoring and market surveillance partner in Canada. The exchange is used GLORIOLESolidus’ crypto-native Market Integrity Hub to streamline several key risk monitoring and compliance services, the announcement reads.

Security News

  • British crypto market maker winter mute suffered a hack worth about $160 million, according to to Evgeny Gaevoy, the company’s founder and CEO. Over 70 different tokens were transferred to “Wintermute Exploiter” via Etherscan, including stablecoins Tether (USDT) and USDC. “Cefi and OTC operations will not be affected. We are solvent as we have more than double the equity left,” Gaevoy claimed, adding, “Out of 90 assets hacked, only two were for over $1 million in nominal value (and none more than $2.5 million ), so it shouldn’t be a big sell-off of any kind.”
  • The official Twitter account of the India-based crypto exchange CoinDCX was hacked and used to post fake XRP promos along with phishing links. The official CoinDCX customer support handle warned its users not to click any links or messages originating from the compromised account and say they are working to recover it and are doing so investigate the incident.

CBDC News

  • Hong Kong will begin testing a digital coin called e-HKD from Q4, paving the way for virtual currency implementation and eventual roll-out to be used by the public for shopping, dining, and money transfers in the future . The South China Morning Post reported. The pilot project will be accompanied by changes in the law and a digital infrastructure to support the e-HKD.
  • That People’s Bank of China (PBOC) will expand e-CNY trials to Guangdong, Hebei Jiangsu and Sichuan provinces, the South China Morning Post reported, citing Fan Yifei, the bank’s deputy governor. The official is quoted as saying that the number of users, merchants and transactions is “growing steadily”.

Regulatory news

  • The USA Exchange Commission (SEC) has claimed that Ethereum (ETH) transactions occur in the United States because Ethereum nodes are “more densely clustered” there than in any other country. The argument was made in a September 19 lawsuit against YouTuber Ian Balina, stating, “The US-based investors in Balina’s pool irrevocably committed to the transaction when they made their ETH contributions from within the United States transferred to Balina’s pool. At this point, their ETH contributions were validated by a network of nodes on the Ethereum blockchain, which are more densely clustered in the United States than in any other country. As a result, these transactions took place in the United States.”
  • Sam Bankman-Fried, CEO and founder of the crypto exchange FTX, warned that “a scammer is posing as FTX in the UK over the phone” and telling users that “FTX will never call you over the phone”. This comes after the UK Financial Services Authority, the Financial Regulator (FCA) said it suspected FTX was operating without proper authorization.

Legal news

  • That U.S. Securities and Exchange Commission (SEC) has appointed crypto firm Sparkster and its CEO Sajjad Daya to pay more than $35 million in compensation to “amaged investors.” The SEC issued a cease and desist order against the pair on Monday, claiming they raised $30 million from 4,000 investors during an “unregistered crypto asset offering” in 2018.

investment news

  • Fraud Detection Platform sardine has closed a $51.5 million Series B round led by Andreessen Horowitz (a16z) while other investors included ING Ventures, ConsenSys, Cross River Digital, VisasEric Schmidt and Google Venturesreported TechCrunch.
  • US software company MicroStrategy added an additional BTC 301 worth around $6 million to its balance sheet at an average price of $19,851 per BTC, a filing revealed. Per Founder and former CEO Michael Saylor, as of September 19, MicroStrategy holds approximately 130,000 BTC, which was acquired for $3.98 billion at an average price of $30,639 per coin.
  • Domain and digital identity platform Unstoppable Domains announced integration with crypto prices and portfolio tracker CoinStats, which allows people to manage and track their entire crypto portfolio simply by linking their non-fungible token (NFT) domain to CoinStats. This integration will give users’ NFT domains one-click access to a dashboard to track and manage their portfolios without having to manually link wallets, according to an announcement.
  • GRNGrida renewable energy-focused Layer 1 blockchain, announced that it has received a $50 million investment from the venture capital firm GEM Digital. The new funds will be invested in further connectivity with top crypto exchanges, adding new global professional partnerships, and expanding blockchain technology and infrastructure, GRNGrid said.

payment messages

  • Cloud-native payments company Gr4vy announced a strategic partnership with a crypto payment processor BitPay to enable its merchants to accept crypto payments via BitPay’s checkout offering. As part of Gr4vy’s No-Code Payment Orchestration Platform (POP), merchants can now implement and offer BitPay’s crypto payment options while expanding into new global markets, they said.
  • Web3 payment platform fuse has announced its partnership with ChromePay to launch a decentralized identity service that will enable millions of African users to participate in the Web3 economy, the announcement said. The integration will allow ChromePay users to access both traditional and blockchain-based payments on their mobile devices, and ChromePay will also create a decentralized marketplace with a fiat driveway.

Web3 News

  • BNB chain announced the successful migration of gamete, a playful Web3 DApp for games. By leveraging BNB Chain’s vast gaming ecosystem, Gameta is able to bring popular Web3 gaming dapps not only to existing Web3 players, but also to mainstream mobile users who are still new to blockchain gaming, ie it in the press release shared with Cryptonews.com. Additionally, Gameta can now collaborate and build relationships within the BNB chain ecosystem and expand its user base and services with other projects.
  • NFT Marketplace Open sea announced that it has updated its process for minting NFTs with a new “immersive” drop experience. Creators can launch their collections with dedicated drop pages and better discoverability, and collectors can mint directly from an OpenSea page.

Blockchain News

  • Archiean enterprise-class Infrastructure-as-a-Service (IaaS) provider, has partnered with Google cloud to further accelerate the growth of distributed ledger applications hedera, enterprise-class public ledger for the decentralized economy. Arkhia will allow application developers to build both backend and client-side applications to leverage and grow the burgeoning Hedera ecosystem, according to the press release shared with Cryptonews.com.
  • Decentralized public infrastructure layer IDNTTY today announced the launch of its public testnet. It encourages public auditors to conduct stress tests and optimize its blockchain network, which will mark a significant next step in the roadmap to launch the platform’s mainnet. IDNTTY is launching a dedicated solution and suite of services that will enable developers to build applications and integrate digital identities into existing services, while keeping users in full control of their private data, according to an announcement.

Leave a Comment