Vitalik Buterin’s account on the X social media platform was recently hacked, and $691K stolen from unsuspecting followers. In June Bitboy Crypto’s account was similarly compromised, leading to followers losing $760K of funds. Is there something about the nature of crypto that attracts such scams?
The eyes of the world have been on India this week as Prime Minister Narenda Modi hosted leaders from around the world for the G20 summit. But what's been happening with the G20 of crypto this week? Read on to find out...
Fresh ideas abound this week, as
The Prime Minister of Thailand was sworn in on Tuesday along with his cabinet. During the election his Pheu Thai party’s signature policy was a 10,000 baht payout to citizens via a new blockchain platform. So now comes the logistical challenge of actually keeping that promise.
The payments giant has been accepting USDC payments on Ethereum from card-issuer Crypto.com in Australia since 2021, and will now use the cheaper Solana network to settle cross-border transactions with Merchant Acquirers, Worldpay and Nuvei, which collect payments on behalf of global retailers.
Swift, which has long been international banking’s preferred cross-border payments messaging system of choice, has published the results of an investigation into connecting traditional banks to the myriad of blockchain choices in order to leverage tokenized assets.
Burning Man, the annual arts and culture festival held in the dusty Nevada desert (and much championed by Crypto Bros) has been turned into a mud bath this year due to heavy rains over the past few days. Also accused of not living up to its promise this week is
The stablecoin issuer has recently been directing clients to Britannia Bank and Trust, its third Bahamas-based banking partner, to process dollar transfers.
The Hong Kong Monetary Authority is gearing up for the territory’s October FinTech week with a 12-month roadmap to promote adoption, and updates on CBDC and tokenized bonds projects.
