Crypto titans back clothing firm’s suit against SEC’s unwritten rules

Crypto titans back clothing firm’s suit against SEC’s unwritten rules

Coinbase, a16z, Multicoin Capital, and Paradigm have filed an amicus brief supporting Beba LLC and DeFi Education Fund’s preemptive lawsuit against the SEC. News COINTELEGRAPH IN YOUR SOCIAL FEED Crypto firms and organizations have been filing supporting briefs in a lawsuit filed by a Texas apparel company and the DeFi Education Fund (DEF) against the…

1inch, Bruce Lee family launch ‘seriousLee’ DeFi campaign

1inch, Bruce Lee family launch ‘seriousLee’ DeFi campaign

1inch has teamed up with the Bruce Lee Family Company for the “Take crypto seriousLee” campaign, merging DeFi and Lee’s legacy to shift public perception of cryptocurrencies. 1inch, a decentralized finance (DeFi) platform, has partnered with the Bruce Lee Family Company to promote DeFi adoption through the “Take crypto seriousLee” campaign. The collaboration aims to…

Bitcoin ETFs could soon cross 1M BTC as traders expect November tailwinds

Bitcoin ETFs could soon cross 1M BTC as traders expect November tailwinds

Spot Bitcoin ETFs will need to make an average of $301 million in net inflows per day to get it done this week.  The United States spot Bitcoin exchange-traded funds (ETF) are set to scoop up its one-millionth Bitcoin as soon as this week as traders gear up for potential crypto tailwinds in November.  These…

Bitmain-linked firm Sophgo denies supplying AI chips to Huawei

Bitmain-linked firm Sophgo denies supplying AI chips to Huawei

Chinese chip manufacturer Xiamen Sophgo has denied having any business relationship with Huawei after being cut off by Taiwan Semiconductor Manufacturing Company.  Chinese chip designer Xiamen Sophgo a firm with links to Bitmain has denied any business relationship with Huawei, after Taiwan Semiconductor Manufacturing Company (TSMC) cut dealings with it following a United States probe…

Bitstamp secures trading facility license in Europe

Bitstamp secures trading facility license in Europe

Bitstamp is now authorized to offer crypto derivatives products, such as perpetual swaps, to institutional clients.  News COINTELEGRAPH IN YOUR SOCIAL FEED Bitstamp has received a MiFID Multilateral Trading Facility (MTF) license from Slovenia’s Securities Market Agency. This license will enable the exchange to offer more sophisticated financial products to its institutional and retail clients….

Stablecoins and the dollar: Allies or adversaries in the new financial era?

Stablecoins and the dollar: Allies or adversaries in the new financial era?

As Americans gear up for the elections, the digital dollar comes back into focus. What roles will a CBDC and stablecoins play in shaping the future of the US economy? One of the key topics linking cryptocurrencies to all Americans, regardless of whether they are in crypto, could be the prospect of a digital dollar…

Vitalik Buterin seen as dark horse for 2024 Nobel Prize in Economics

Vitalik Buterin seen as dark horse for 2024 Nobel Prize in Economics

The co-founder of Ethereum is considered a “non-traditional” pick, but his contributions are undeniable. Economists Tyler Cowen and Alex Tabarrok, the creators of the popular economics blog Marginal Revolution, recently shared their predictions for the 2024 Nobel Prize in Economics during an episode of their Marginal Revolution podcast on October 8. The duo discussed various…

Symbiotic X hacked, malware is infecting SVG files: Crypto-Sec

Symbiotic X hacked, malware is infecting SVG files: Crypto-Sec

The Symbiotic X account has been promoting a phishing site for two days, and researchers found malware in image files. Phish of the week: Symbiotic X account is compromised A report from PeckShield revealed that on October 5, the X account (formerly Twitter) of the staking protocol Symbiotic was hacked. As of October 7, Symbiotic’s…

Near patches critical bug that could crash every node on the network

Near patches critical bug that could crash every node on the network

Researchers identified a critical vulnerability in NEAR’s peer-to-peer networking protocol that had the potential to crash any node on the network. Fortunately, the issue was addressed and patched before any malicious actors could exploit it. This proactive fix helped maintain the security and stability of the NEAR ecosystem, protecting it from potential disruption. Near Protocol,…

Solana has 100M active wallets, but most are empty

Solana has 100M active wallets, but most are empty

Solana has recently seen its monthly active address count surpass 100 million, reaching an all-time high, according to data from Artemis Terminal. This marks a significant increase from just 509,000 monthly active addresses at the beginning of 2024. However, despite the impressive numbers, most active wallets do not hold any Solana (SOL), leading some skeptics…