CZ appoints Binance security team to track Huobi HTX stolen funds

[ad_1] Hours after the crypto exchange HTX (rebranded from Huobi) reported a hack that resulted in a loss of $8 million, Changpeng ‘CZ’ Zhao offered the help of the Binance security team in investigating the attack. Timely intervention is key to tracking down and retrieving stolen cryptocurrencies as hackers attempt to hide their tracks using mixers or converting the loot to privacy tokens. On Sept. 24, blockchain analytics platform Cyvers identified

Taiwan’s major crypto exchanges form association to advance industry interests

[ad_1] As the national regulators prepare to lay out their crypto regulation framework this month, Taiwan’s platforms have announced the establishment of an industrial association. MaiCoin Group, BitoGroup and ACE became the first three founders of the Taiwan Virtual Asset Platform and Transaction Business Association. The preparatory group for the association was formed in early September, but legally, the initiative would become effective in October, after the government issues its crypto framework.

Bitcoin price at risk? US Dollar index confirms bullish ‘golden cross’

[ad_1] The Dollar Strength Index (DXY) achieved its highest level in nearly 10 months on Sep. 22, indicating growing confidence in the U.S. dollar compared to other fiat currencies like the British pound, euro, Japanese yen, and Swiss franc.DXY "golden cross" confirMoreover, investors are concerned that this surge in demand for the U.S. dollar might pose challenges for Bitcoin (BTC) and cryptocurrencies, although these concerns are not necessarily interconnected.U.S. Dollar

Ben ‘Bitboy’ Armstrong arrested on livestream over Lambo dispute

[ad_1] Crypto influencer Ben Armstrong, previously known as BitBoy, has been arrested while live-streaming outside the house of a former business associate, who he alleges is in possession of his Lamborghini. Before the YouTube stream, he posted that he was “going live soon from a very special location.”I’ll be going live soon from a very special location on YouTube so get ready this is going to be good— Ben Armstrong (@BenArmstrongsX)

Bitcoin Ordinals creator Casey Rodarmor pitches BRC-20 alternative ‘Runes’

[ad_1] The inventor of Bitcoin Ordinals is proposing a new Bitcoin-based fungible token protocol as a potential alternative to the BRC-20 token standard. The BRC-20 standard was launched in March by an anonymous developer “Domo.” Within two months, the BRC-20 market cap reached $1 billion, with PEPE and ORDI among the most notable BRC-20 tokens created on Bitcoin.New terrible idea just dropped: Runes.A worse-is-better fungible token protocol for Bitcoin.— Casey

Crypto exchange Binance among firms eyeing new stablecoins in Japan

[ad_1] Crypto exchange Binance is teaming up with Japan’s largest bank, the Mitsubishi UFJ Trust and Banking Corporation (MUTB), to explore the issuance of stablecoins in Japan.On Sept. 25, Binance Japan announced a joint study that aims to see the companies issue yen and other fiat stablecoins to accelerate Web3 adoption in Japan. The pair plan to utilize a platform called “Progmat Coin” which would be a Japanese regulatory-compliant stablecoin

Optimism OP token slips 10% in week ahead of $30M token unlock

[ad_1] The price of Optimism’s native OP token is leading losses among the top 50 cryptocurrencies, falling as far as 10% on the week ahead of a $30 million token unlock.According to data from tokenomics platform Token Unlocks, 24.16 million OP tokens, which account for roughly 3% of the circulating supply — are scheduled to be unlocked on Sept. 30. The next OP token unlock is scheduled for Sept. 30.

Crypto exchange Binance reopens exchange services in Belgium

[ad_1] Crypto exchange Binance has reopened registrations and access to its products and services for its Belgian crypto users again —  three months after the exchange was ordered by Belgium’s finance regulator to cease cryptocurrency-related services.“New registrations of Belgian residents are welcome on our platform once again,” Binance confirmed in a Sept. 25 post on X (formerly Twitter). Binance said various Binance products and services will become accessible again to

Vitalik Buterin’s Privacy Pool idea is interesting, but it’s just the start

[ad_1] By now, most of the cryptosphere has heard of Privacy Pools — a project launched this year by Ameen Soleimani, a well-known developer and founder. As a former contributor to Tornado Cash, Soleimani aimed to “fix” the popular open-source solution for anonymising Ethereum transactions in order to make it regulator-friendly.The original teaser, shown in March, was based on an idea initially espoused by Ethereum co-founder Vitalik Buterin in 2022.