Bitmain announced its decision to invest $53.9 million in Bitcoin mining company Core Scientific to expand the long-term partnership between the two companies. Bitmain and Core Scientific have reached an agreement for a combination of equity and cash to fund the purchase of new, more efficient Bitcoin mining equipment. Separately, Bitmain has reached a new hosting agreement with Core Scientific to support Bitmain’s mining operations. Under the terms of the purchase agreement, Bitmain will pro...

Bitmain announced its decision to invest $53.9 million in Bitcoin mining company Core Scientific to expand the long-term partnership between the two companies. Bitmain and Core Scientific have reached an agreement for a combination of equity and cash to fund the purchase of new, more efficient Bitcoin mining equipment. Separately, Bitmain has reached a new hosting agreement with Core Scientific to support Bitmain’s mining operations. Under the terms of the purchase agreement, Bitmain will pro...

The U.S. Securities and Exchange Commission (SEC) today announced a settlement of an order charging broker-dealer Citadel Securities LLC with violations of Reg SHO Rule 200(g). The regulatory framework, designed to address abusive short selling, requires broker-dealers to mark sales orders as long, short or short exempt. Regulators often use these records to police prohibited short-selling activities. To settle SEC charges, Miami-based Citadel Securities agreed to pay a $7 million fine. Accor...

The U.S. Securities and Exchange Commission (SEC) today announced a settlement of an order charging broker-dealer Citadel Securities LLC with violations of Reg SHO Rule 200(g). The regulatory framework, designed to address abusive short selling, requires broker-dealers to mark sales orders as long, short or short exempt. Regulators often use these records to police prohibited short-selling activities. To settle SEC charges, Miami-based Citadel Securities agreed to pay a $7 million fine. Accor...

Avantis Labs, an on-chain leveraged trading platform, completed a US$4 million seed round of financing, led by Pantera Capital, with participation from Founders Fund, Coinbase’s Base Ecosystem Fund and Modular Capital. The new funds will be used to develop its flagship product Avantis, a perpetual contracts trading and market-making protocol. It is reported that Avantis aims to provide leveraged trading of cryptocurrencies and RWA assets for institutional and retail investors. Its underlying ...

Avantis Labs, an on-chain leveraged trading platform, completed a US$4 million seed round of financing, led by Pantera Capital, with participation from Founders Fund, Coinbase’s Base Ecosystem Fund and Modular Capital. The new funds will be used to develop its flagship product Avantis, a perpetual contracts trading and market-making protocol. It is reported that Avantis aims to provide leveraged trading of cryptocurrencies and RWA assets for institutional and retail investors. Its underlying ...

Hungary’s National Tax and Customs Administration (NAV) announced on Wednesday that it had seized cryptocurrency from a criminal organization that evaded paying 3 billion Hungarian forints (approximately $8.2 million) in value-added tax (VAT). NAV commandos, Merkur deployment units and investigators from the Western Transdanubian Criminal Directorate simultaneously raided 28 locations, arrested suspects and confiscated their illegally obtained assets and cryptocurrencies worth nearly 420 mill...

Hungary’s National Tax and Customs Administration (NAV) announced on Wednesday that it had seized cryptocurrency from a criminal organization that evaded paying 3 billion Hungarian forints (approximately $8.2 million) in value-added tax (VAT). NAV commandos, Merkur deployment units and investigators from the Western Transdanubian Criminal Directorate simultaneously raided 28 locations, arrested suspects and confiscated their illegally obtained assets and cryptocurrencies worth nearly 420 mill...

Grayscale Investments has filed for its second Ethereum futures ETF, which would be designed to track the value of Ethereum futures contracts. The company has previously applied for an Ethereum futures ETF, but this time it did so in a different way. The filing was made under the Securities Act of 1933, which is the same regulatory framework under which commodity and spot Bitcoin ETFs are filed. However, Grayscale’s previous Ethereum futures ETF application was submitted under the Investment ...

Grayscale Investments has filed for its second Ethereum futures ETF, which would be designed to track the value of Ethereum futures contracts. The company has previously applied for an Ethereum futures ETF, but this time it did so in a different way. The filing was made under the Securities Act of 1933, which is the same regulatory framework under which commodity and spot Bitcoin ETFs are filed. However, Grayscale’s previous Ethereum futures ETF application was submitted under the Investment ...

A Melbourne couple who inadvertently received A$10.5 million (about US$6.6 million) will face a guilty plea trial in October on theft charges after they spent the mistakenly received funds in 2021. In May 2021, Thevamanogari Manivel transferred funds into the Crypto.com account of her partner, Jatinder Singh. However, the exchange detected that the bank account did not match the exchange account. As a result, the exchange issued a refund, but instead of refunding the $100 the couple tried to ...

A Melbourne couple who inadvertently received A$10.5 million (about US$6.6 million) will face a guilty plea trial in October on theft charges after they spent the mistakenly received funds in 2021. In May 2021, Thevamanogari Manivel transferred funds into the Crypto.com account of her partner, Jatinder Singh. However, the exchange detected that the bank account did not match the exchange account. As a result, the exchange issued a refund, but instead of refunding the $100 the couple tried to ...

Binance tweeted that it has reopened registration and access to Binance products and services in Belgium. According to previous news, in June this year, the Belgian financial regulator ordered Binance to stop providing crypto trading and custodial wallet services to local customers on the grounds that the exchange violated local "anti-money laundering" and "anti-terrorist financing" requirements. Binance said in an announcement on August 28 that it would continue to serve Belgian users throug...

Binance tweeted that it has reopened registration and access to Binance products and services in Belgium. According to previous news, in June this year, the Belgian financial regulator ordered Binance to stop providing crypto trading and custodial wallet services to local customers on the grounds that the exchange violated local "anti-money laundering" and "anti-terrorist financing" requirements. Binance said in an announcement on August 28 that it would continue to serve Belgian users throug...

Etherscan data shows that the address marked "Binance 14" paid 529.39 ETH as gas fees in the past three hours. Binance 14's ETH transfer accounted for 22.5% of the total gas consumption in the past three hours. In addition, Ethereum gas fees are currently down to single digits again. Earlier today, the Ethereum network gas fee soared to 303 gwei. In this regard, Binance Alliance said that the wallet address "has not been collected for a long time. Now the collection cost is low, and GAS ...

Etherscan data shows that the address marked "Binance 14" paid 529.39 ETH as gas fees in the past three hours. Binance 14's ETH transfer accounted for 22.5% of the total gas consumption in the past three hours. In addition, Ethereum gas fees are currently down to single digits again. Earlier today, the Ethereum network gas fee soared to 303 gwei. In this regard, Binance Alliance said that the wallet address "has not been collected for a long time. Now the collection cost is low, and GAS ...

The Polygon zkEVM mainnet beta version will undergo a Dragonfruit upgrade at 15:30 on September 20, Beijing time, which will last approximately 2 hours. Once the upgrade is complete, the Polygon zkEVM mainnet beta will be in sync with the latest version of Solidity. The network will still be available during the upgrade, but downtime is expected to be approximately 2 minutes to allow the sequencer to restart. In addition, the Polygon zkEVM cross-chain bridge will be temporarily unavailable be...

The Polygon zkEVM mainnet beta version will undergo a Dragonfruit upgrade at 15:30 on September 20, Beijing time, which will last approximately 2 hours. Once the upgrade is complete, the Polygon zkEVM mainnet beta will be in sync with the latest version of Solidity. The network will still be available during the upgrade, but downtime is expected to be approximately 2 minutes to allow the sequencer to restart. In addition, the Polygon zkEVM cross-chain bridge will be temporarily unavailable be...

SlowMist Chief Information Security Officer 23pds stated on the X platform that cryptocurrency users are requested to upgrade iOS systems, Chrome browsers, Android and other systems as soon as possible to deal with the latest vulnerability challenges. Recently, the Google Threat Analysis Team disclosed an attack chain of iPhone vulnerabilities in the wild, involving man-in-the-middle (MITM) exploits, Safari remote code execution vulnerabilities, Android MITM injections, and direct send attack...

SlowMist Chief Information Security Officer 23pds stated on the X platform that cryptocurrency users are requested to upgrade iOS systems, Chrome browsers, Android and other systems as soon as possible to deal with the latest vulnerability challenges. Recently, the Google Threat Analysis Team disclosed an attack chain of iPhone vulnerabilities in the wild, involving man-in-the-middle (MITM) exploits, Safari remote code execution vulnerabilities, Android MITM injections, and direct send attack...

Ethereum developers have proposed a new proposed standard, ERC-7512, that aims to enhance the security of Ethereum decentralized applications by allowing anyone to use and verify smart contract audit information on-chain (rather than off-chain) . The proposal is jointly proposed by developers from projects such as Safe, Ackee Blockchain, OtterSec, ChainSecurity, OpenZeppelin and Hats Finance. The goal of ERC-7512 is to ensure that audit details, such as who conducted the audit and their findi...

Ethereum developers have proposed a new proposed standard, ERC-7512, that aims to enhance the security of Ethereum decentralized applications by allowing anyone to use and verify smart contract audit information on-chain (rather than off-chain) . The proposal is jointly proposed by developers from projects such as Safe, Ackee Blockchain, OtterSec, ChainSecurity, OpenZeppelin and Hats Finance. The goal of ERC-7512 is to ensure that audit details, such as who conducted the audit and their findi...

Decentralized information marketplace protocol Freatic has secured $3.6 million in a funding round led by a16z crypto. Investors participating in this round include Anagram, Archetype, Not3Lau Capital, Robot Ventures and Arweave. Angel contributors include Stefano Bernardi, Meltem Demirors, Stephane Gosselin, Jutta Steiner and MacLane Wilkison. The project aims to use cryptography and game theory to connect people to untapped information. Combining the power of blockchain cryptography and gam...

Decentralized information marketplace protocol Freatic has secured $3.6 million in a funding round led by a16z crypto. Investors participating in this round include Anagram, Archetype, Not3Lau Capital, Robot Ventures and Arweave. Angel contributors include Stefano Bernardi, Meltem Demirors, Stephane Gosselin, Jutta Steiner and MacLane Wilkison. The project aims to use cryptography and game theory to connect people to untapped information. Combining the power of blockchain cryptography and gam...