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Kidnapping of Ledger Co-Founder Highlights Security Risks in Crypto Industry

In a harrowing incident that has sent shockwaves through the cryptocurrency community, David Balland, the 36-year-old co-founder of French crypto hardware firm Ledger, was kidnapped alongside his partner, Amandine, from their home in Vierzon, central France. The armed assailants demanded a €10 million ransom, and in a brutal act of coercion, severed one of Balland's fingers. This alarming event underscores the escalating personal security...

China’s Ongoing Struggle to Control Underground Cryptocurrency Trading

Despite China's stringent regulations against cryptocurrency trading, underground brokers continue to facilitate large-scale transactions, enabling individuals to convert yuan into digital assets. This clandestine activity poses significant challenges to Beijing's efforts to regulate the economy and prevent capital flight. In 2021, China declared all cryptocurrency transactions illegal, aiming to curb financial risks and maintain economic stability. However, underground brokers have adapted, using sophisticated methods to...
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Binance’s Ongoing Search for a Global Headquarters

Binance, the world's largest cryptocurrency exchange, remains in deliberation over the location of its global headquarters—a decision influenced by complex factors such as tax...

FTX Files $1.8 Billion Lawsuit Against Binance and CEO

In a significant legal development within the cryptocurrency industry, FTX, the now-defunct cryptocurrency exchange, has filed a lawsuit against Binance and its founder, Changpeng...

NYC Dog Mayor Election Disrupted by Crypto Influence

In an unexpected convergence of digital finance and local community events, the New York City honorary dog mayoral election has been embroiled in controversy...

Fuel Labs Launches ‘Ignition’ Rollup Network: A New Era for Ethereum Scaling

Fuel Labs has officially launched the Ignition rollup network, a high-performance Layer-2 solution designed to enhance Ethereum's scalability through advanced parallelization and a unique...

Regulating DeFi: What Does the Future Hold for Decentralized Finance?

Decentralized Finance (DeFi) has emerged as one of the most transformative sectors within the cryptocurrency space, allowing users to access financial services like lending,...

MakerDAO to Launch USDS Stablecoin and Sky Governance Token

On September 18, 2024, MakerDAO, one of the pioneers in decentralized finance (DeFi), will take another major step forward with the launch of its...

BGlobal Cryptocurrency Ownership Surge

In 2023, the global cryptocurrency community witnessed a remarkable surge in ownership, with the total number of crypto users soaring by 34%, reaching an...

Ethereum 2.0 and the Future of Smart Contracts

Ethereum 2.0, also known as Eth2 or Serenity, represents a significant upgrade to the Ethereum blockchain. This transition marks a shift from the energy-intensive...

Poloniex Loses $100M in Heist

In a stark reminder of the persistent vulnerabilities within the cryptocurrency sector, the Poloniex exchange has become the latest victim of a significant security...

Blockchain in the Automotive Industry: Use Cases and Applications

The automotive industry, constantly at the forefront of technological innovation, is now exploring the potential of blockchain technology. This exploration is not just a...

OKX, Binance, and Bybit Triple Their Activity

The cryptocurrency trading landscape has witnessed a remarkable surge in activity, with major exchanges such as OKX, Binance, and Bybit experiencing a tripling of...

Grayscale’s Parent Company Achieves Profitability

In the final quarter of 2023, Digital Currency Group (DCG), the parent company of Grayscale Investments among other cryptocurrency ventures, reported a remarkable achievement:...