On-chain data confirmed that on June 26, Terraform Labs CEO Do Kwon’s personal wallet transferred 1 million USDC to Binance via the new wallet. The media suspected that this transaction was cash out. This intermediate address currently has only 15 transactions. Cho Jae-woo, a professor at Seoul National University, said: “Even after Do Kwon was arrested in Montenegro in March, he continued to cash out cryptocurrencies.

On-chain data confirmed that on June 26, Terraform Labs CEO Do Kwon’s personal wallet transferred 1 million USDC to Binance via the new wallet. The media suspected that this transaction was cash out. This intermediate address currently has only 15 transactions. Cho Jae-woo, a professor at Seoul National University, said: “Even after Do Kwon was arrested in Montenegro in March, he continued to cash out cryptocurrencies.

The decentralized exchange dYdX announced that it will launch the dYdX Chain public testnet at 1 am Beijing time on July 6. The functions that will be tested include connecting wallets, viewing order books, placing orders, and viewing account information. At launch, the public testnet will only support Bitcoin and Ethereum markets, but dYdX plans to support more than 30 markets through network upgrades in the future. dYdX Chain is a blockchain based on Cosmos, with a total of 5 milestones, 4 ...

The decentralized exchange dYdX announced that it will launch the dYdX Chain public testnet at 1 am Beijing time on July 6. The functions that will be tested include connecting wallets, viewing order books, placing orders, and viewing account information. At launch, the public testnet will only support Bitcoin and Ethereum markets, but dYdX plans to support more than 30 markets through network upgrades in the future. dYdX Chain is a blockchain based on Cosmos, with a total of 5 milestones, 4 ...

OneDegree, the first insurtech start-up company in Hong Kong to obtain a virtual insurance license, completed a financing of US$27 million, with participation from Gobi Ventures, Sun Hung Kai and Bitrock. The new funds will be used to further expand its operations in Asia and expand its digital asset insurance portfolio. Alvin Kwock Yin-lun, co-founder of OneDegree, said that after the Hong Kong Securities Regulatory Commission launched a new regulatory system on June 1, the demand for digita...

OneDegree, the first insurtech start-up company in Hong Kong to obtain a virtual insurance license, completed a financing of US$27 million, with participation from Gobi Ventures, Sun Hung Kai and Bitrock. The new funds will be used to further expand its operations in Asia and expand its digital asset insurance portfolio. Alvin Kwock Yin-lun, co-founder of OneDegree, said that after the Hong Kong Securities Regulatory Commission launched a new regulatory system on June 1, the demand for digita...

Bloomberg, Dow Jones & Company, The New York Times, and the Financial Times are appealing Judge John Dorsey’s June 9 ruling authorizing FTX to “permanently delete” individual client names from all filings in order to keep client names confidential and protect FTX legitimate rights and interests. A legal representative for the media organization argued that FTX is not entitled to a “novel and broad exception” to bankruptcy disclosure requirements simply because its clients have used cryptocurr...

Bloomberg, Dow Jones & Company, The New York Times, and the Financial Times are appealing Judge John Dorsey’s June 9 ruling authorizing FTX to “permanently delete” individual client names from all filings in order to keep client names confidential and protect FTX legitimate rights and interests. A legal representative for the media organization argued that FTX is not entitled to a “novel and broad exception” to bankruptcy disclosure requirements simply because its clients have used cryptocurr...

Cryptocurrency exchange Bitfinex announced on Tuesday the launch of its peer-to-peer platform “Bitfinex P2P” in Venezuela, Argentina and Colombia. Bitfinex P2P allows clients to directly buy and sell Bitcoin (BTC), Tether Tokens (USDt and EURt), Tether Gold (XAUt) and Ether (ETH). The payment options available to customers include national currencies, the company added.

Cryptocurrency exchange Bitfinex announced on Tuesday the launch of its peer-to-peer platform “Bitfinex P2P” in Venezuela, Argentina and Colombia. Bitfinex P2P allows clients to directly buy and sell Bitcoin (BTC), Tether Tokens (USDt and EURt), Tether Gold (XAUt) and Ether (ETH). The payment options available to customers include national currencies, the company added.

FTX Debtors released a second investigative report on Monday detailing the exchange’s mixing and misuse of customer deposits. John J. Ray III, Chief Executive Officer and Chief Restructuring Officer, said in a statement: "From the inception of FTX Exchange, FTX Group has mixed customer deposits and company funds, and under the guidance and design of previous executives Indiscriminate abuse.” According to the report, FTX owes customers approximately $8.7 billion. A third survey report is expec...

FTX Debtors released a second investigative report on Monday detailing the exchange’s mixing and misuse of customer deposits. John J. Ray III, Chief Executive Officer and Chief Restructuring Officer, said in a statement: "From the inception of FTX Exchange, FTX Group has mixed customer deposits and company funds, and under the guidance and design of previous executives Indiscriminate abuse.” According to the report, FTX owes customers approximately $8.7 billion. A third survey report is expec...

Crypto.com announced today that it has been registered as a Virtual Asset Service Provider (VASP) by the Bank of Spain. Crypto.com received the registration following a comprehensive review of its compliance with the Anti-Money Laundering Directive (AMLD) and other financial crime laws, as well as its measures to protect users. Through this registration, Crypto.com can offer Spanish users a set of products and services.

Crypto.com announced today that it has been registered as a Virtual Asset Service Provider (VASP) by the Bank of Spain. Crypto.com received the registration following a comprehensive review of its compliance with the Anti-Money Laundering Directive (AMLD) and other financial crime laws, as well as its measures to protect users. Through this registration, Crypto.com can offer Spanish users a set of products and services.

The Suzhou Municipal Bureau of Culture, Radio and Tourism issued digital RMB reading coupons during the "Huimin Reading Week Book Fair Limited-Time Enjoyment" event launched on the "Jun Dao Suzhou" platform. There are a total of 4,000 50-yuan digital renminbi red envelopes, and you can sign up to receive them during the period from 10:00 on June 26, 2023 to 20:00 on June 27, 2023, on a first-come, first-served basis. The system will be automatically returned if it is not used within the speci...

The Suzhou Municipal Bureau of Culture, Radio and Tourism issued digital RMB reading coupons during the "Huimin Reading Week Book Fair Limited-Time Enjoyment" event launched on the "Jun Dao Suzhou" platform. There are a total of 4,000 50-yuan digital renminbi red envelopes, and you can sign up to receive them during the period from 10:00 on June 26, 2023 to 20:00 on June 27, 2023, on a first-come, first-served basis. The system will be automatically returned if it is not used within the speci...

According to the Wall Street Journal, in recent months, retailers and supermarkets in many places in the United States have received bomb threats, including Walmart (Walmart), Kroger (Kroger), and Amazon's Whole Foods (Amazon's Whole Foods). Everywhere from New Mexico to Wisconsin. The suspect asked the store to provide valuables such as gift cards, bitcoins or cash, otherwise he would detonate the bomb. The FBI said it was working with local and state law enforcement officials and ...

According to the Wall Street Journal, in recent months, retailers and supermarkets in many places in the United States have received bomb threats, including Walmart (Walmart), Kroger (Kroger), and Amazon's Whole Foods (Amazon's Whole Foods). Everywhere from New Mexico to Wisconsin. The suspect asked the store to provide valuables such as gift cards, bitcoins or cash, otherwise he would detonate the bomb. The FBI said it was working with local and state law enforcement officials and ...

The NFT project Azuki Twitter reminded users to be wary of phishing links and scams pretending to be Azuki. The team also said it has taken all necessary precautions to protect the account and will continue to be in touch with the FBI. The FBI will continue to actively investigate Azuki's previous social account theft.

The NFT project Azuki Twitter reminded users to be wary of phishing links and scams pretending to be Azuki. The team also said it has taken all necessary precautions to protect the account and will continue to be in touch with the FBI. The FBI will continue to actively investigate Azuki's previous social account theft.

Anichess, a subsidiary of Animoca Brands, completed a $1.5 million seed round of financing, with participation from GameFi Ventures, Coin Operated Group, Koda Capital, Bing Ventures, 708 Capital, and Asymmetry Capital. This round of financing will be used for team expansion and game development. Anichess is a community-driven, free-to-play decentralized chess game developed in partnership between Animoca Brands and Chess.com's Play Magnus Group, with an Alpha release planned for Q1 2024.

Anichess, a subsidiary of Animoca Brands, completed a $1.5 million seed round of financing, with participation from GameFi Ventures, Coin Operated Group, Koda Capital, Bing Ventures, 708 Capital, and Asymmetry Capital. This round of financing will be used for team expansion and game development. Anichess is a community-driven, free-to-play decentralized chess game developed in partnership between Animoca Brands and Chess.com's Play Magnus Group, with an Alpha release planned for Q1 2024.

Speaking to the House Financial Services Committee, Federal Reserve Chairman Jerome Powell said the level of interest rates and the pace of rate hikes are separate. Speed ​​was important in the early days of the process, not so much now. Moderately raising interest rates may be a reasonable decision. We are now moderately slowing down that pace. Perhaps it makes sense to raise interest rates at a more modest pace. Powell said he does not want to over-regulate small banks so that their busines...

Speaking to the House Financial Services Committee, Federal Reserve Chairman Jerome Powell said the level of interest rates and the pace of rate hikes are separate. Speed ​​was important in the early days of the process, not so much now. Moderately raising interest rates may be a reasonable decision. We are now moderately slowing down that pace. Perhaps it makes sense to raise interest rates at a more modest pace. Powell said he does not want to over-regulate small banks so that their busines...