Getting informed

Huobi has become a hacker's latest target! While the cryptocurrency exchange, now known as HTX, had a bright future ahead of it, an unfortunate event has disrupted its day-to-day operations. However, things should be less difficult to deal with as the identity of the hacker is not unknown.

Dubai, UAE – The Blockchain Economy Summit, recognized as the world's largest blockchain conference network, is set to redefine the future of finance by bringing together key players and experts from the crypto industry. As the countdown to the event enters its final two weeks, the highly anticipated 8th edition of the summit will take place over two days in Dubai on October 4-5, 2023, in Le Meridien Dubai Hotel & Conference Center, attracting the world's top crypto companies, blockchain entrepreneurs, and AI innovators.

Two years ago, Bitcoin lost any chance of flourishing among Chinese cryptocurrency traders. The Chinese Communist Party didn't seem ready for decentralization, opting for a totalitarian CBDC (Central Bank Digital Currency) rather than an emancipatory BTC (Bitcoin). However, in recent times, the Xi Jinping government has seemingly changed its perception of the flagship cryptocurrency. This decision by a Shanghai court to grant Bitcoin the status of “unique and non-reproducible currency” attests to this change of heart.

After complying with the FSMA's decision, the Belgian regulator for cryptocurrencies and finance, Binance had to suspend its activities in the country back in June. Three months later, the world's largest cryptocurrency exchange announces a triumphant return to Belgium. What has changed since then? Let's delve into it.

LINK, the cryptocurrency of Chainlink, is gaining more attention. Recent developments around the asset seem to have strengthened its appeal, pushing investors to take positions in the crypto.

While an increasing number of countries are considering launching a CBDC (Central Bank Digital Currency), Vitalik Buterin is dashing hopes. Known for being a staunch advocate of crypto, it seems he is less enthusiastic about the direction CBDC creation is taking.

From Bitcoin's meteoric rise, now surpassing Visa in transaction volume, to Binance's bold prediction about the demise of stablecoins in Europe, the news has been as varied as it has been impactful. Citigroup has also made a splashy entry into the crypto world, while the Ethereum ecosystem faces turbulence with the rejection of its Shanghai upgrade. And the FTX case, nearing its resolution, marks a pivotal moment for millions of investors. Dive with us into this weekly roundup to stay informed about the significant events of the past week.

The dominance of Bitcoin (BTC) in the crypto ecosystem has recently reached a yearly high, piquing the curiosity of investors and experts. Why this sudden resurgence? And what are the implications for altcoins?

SWITZERLAND, September X, 2023 - The DFINITY Foundation, a not-for-profit research and development organization and major contributor to the Internet Computer blockchain (ICP), today announced a strategic partnership with The Game Co. LLC (TGC), the company dedicated to enabling gaming enthusiasts to enjoy and earn like never before.

Zilliqa is a public blockchain known for its use of sharding, a scaling technique that enhances the ability of certain blockchains to process a high volume of transactions in parallel. This ultimately increases their throughput and performance. The strategic alliance between Zilliqa and Google Cloud is expected to have a positive impact on the overall efficiency of this network.

In an environment where crypto regulation is tightening and legal battles are intensifying, Binance, the world's leading exchange platform, is facing challenges in several jurisdictions. We had the opportunity to interview David Prinçay, CEO of Binance France, to find out more about the current situation.

Bitmain will supply Core Scientific with 27,000 latest generation bitcoin miners and signs new hosting agreement

Things are looking up for the American miner Core Scientific, which has been on the brink of bankruptcy for a year.

In the face of a diverging path of U.S. dollar inflation from its usual trajectory, the United States Federal Reserve (FED) finds itself in a delicate situation. While the digital dollar project seemed to be the first line of defense, the FED now appears to be turning to a 'Plan B': the tokenization of real-world assets (RWA). Why such a pivot, and what can be expected from it?

The European Union (EU) is currently preparing for the implementation of the MiCA crypto standards. This law aims to regulate stablecoins. Today, this regulation is sparking debates and concerns regarding its impact on the crypto market, especially on stablecoins.

The beloved 2008 film starring the late Alan Rickman will be reimagined as a hand-drawn animation and will allow fans to finance the project and hold fractional ownership of the movie via web3-based crowdfunding platform, Funded 

Given its trajectory, the legal battle between Binance and the SEC is expected to persist, akin to the Ripple case. The Securities and Exchange Commission appears to have multiple strategies at its disposal, while Binance remains resolute. Recently, its CEO, Changpeng Zhao (CZ), defended his cryptocurrency exchange on X (formerly Twitter). Here are the key points:

In a 1.5-hour interview, Michael Saylor revealed the catalysts for the next Bitcoin bull run.

In a matter of minutes, the image of Brad Garlinghouse standing in front of the SEC headquarters with Ripple's General Counsel, Stuart Alderoty, went viral within the crypto community. The photo appears to highlight the ongoing tensions between Ripple and the SEC.

'Web2 is not safe,' comments Curve Finance, which also fell victim to a cryptocurrency hack resulting in a loss of $52 million at the end of July. Balancer, a decentralized finance (DeFi) protocol deployed on Ethereum, has reported a recent attack on its frontend resulting in the loss of $238,000 in cryptocurrencies. Thus, the list of DeFi hacks continues to grow. Let's break it down!

Bitcoin is poised to deliver a performance that could leave the audience in awe. In these times of economic turbulence, the star of Bitcoin shines with a newfound brilliance, promising a golden dawn that would surprise even the most optimistic among us. Behind the scenes of this grand stage are significant movements, signaling an unexpected and historic surge.

The world of crypto is catching its breath: Bitcoin (BTC) has surged to $27,400, marking a 10% increase over the past week. Additionally, the open interest on BTC also saw a 10% rise in just 3 hours yesterday. However, this situation is evoking familiar sentiments among investors, reminiscent of the temporary surge on August 29th, following Grayscale's victory over the SEC. Are we witnessing a similar scenario?

The Terra storm heavily impacted the Bitcoin price and several crypto projects, including Celsius Network. In July 2022, the crypto lender formerly led by Alex Mashinsky declared bankruptcy, with a balance sheet burdened by over $4.7 billion in debt to its users. However, the Celsius team remained resilient during these challenging times. Recently, the bankruptcy court gave the green light for the execution of the financial restructuring plan for this crypto company. To top it off, Celsius acquired a Bitcoin mining site in Texas.

The Shibarium is not designed to drive up the price of SHIB. But it could propel memecoin to the moon. Except that the idleness of the crypto community is delaying the long-awaited Shiba Inu bull run. To speed things up, Lucie, marketing manager of this crypto project, is urging SHIB fans to get much more active, to collaborate. Read on!

In a world where bitcoin fever continues to gain momentum, a new chapter looks set to open, promising far-reaching upheavals in the global financial landscape. A veritable tidal wave seems to be in the making, orchestrated by asset management titans who control colossal fortunes. These giants, armed with their trillions, are ready to invest massively in bitcoin. Such an incursion could well redefine the financial paradigms we know today. But what if a significant fraction of this financial windfall were to make its way into the crypto market?

Tokenization of real-world assets is already a reality. The days of procrastination are over. The Australia and New Zealand Banking Group (ANZ), one of Australia's four largest banks, has just completed its first transfer of tokenized assets. For the crypto ecosystem, this is a victory worth celebrating. Made possible by Chainlink's cross-chain interoperability protocol, this initiative officially ushers in the era of fusion between the crypto world and that of traditional finance.

Founded in July 2021, Massa Ecosystem has emerged as a major player in the blockchain space. Its primary goal: solving the trilemma of performance, decentralization, and security. The success of Massa Ecosystem hinges on a unique combination of high performance, Web3 innovations, and support for projects. In this article, discover how Massa sets itself apart by offering an unparalleled blockchain experience through the Massa Quest dashboard, emphasizing community participation and rewards.

James Howells is a Bitcoin investor who misguidedly misplaced £164 million by throwing a hard drive into a landfill. To this day, he hopes to recover his Bitcoin (BTC) holdings despite a decade-long legal battle.