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NASA plans to prove its next Moon landing is real using blockchain

The Isle of Man and Florida-based computing startup Lonestar are partnering with NASA to pioneer a blockchain-verified, data storage solution on the Moon.

$200M Mixin Network hack draws controversy

Xiaodong Feng, Mixin's founder, immediately outlined a compensation plan but would only reimburse up to 50% of users' assets for now.

Huobi Global hacked for $7.9M: Report

HTX crypto exchange has been hacked, but it claims to know the identity of the attacker.

Digital Yuan app adds prepaid Mastercard VISA top-ups for tourists

The Digital Yuan app now allows tourists to top-up e-CNY wallets with Mastercard & VISA payment with 'recharge first and use later' option.

Crypto sees outflows for 6th consecutive week, XRP and SOL gain investor confidence

A Coinshares crypto market flow report reveales that traders are showing more confidence in the likes of XRP and Solana.

Arbitrum DAO takes $56M of unclaimed ARB as airdrop deadline ends

The amount of unclaimed Arbitrum (ARB) tokens accounts for 0.69% of ARB’s total supply of 10 billion.

Tether reportedly shuts USDT redemption for some Singapore customer groups

Tether in its email said they found Cake DeFi to be controlled by “another corporation that resides in Singapore,” and thus they won’t be allowed to redeem USDT.

Mixin Network hack drains $200M from mainnet assets

Mixin Network suspended all deposits and withdrawals and will restart the services “once the vulnerabilities are confirmed and fixed.”

Chainlink downplays worries after users notice quiet change to multisig

Chainlink critics have reiterated concerns about the oracle networks’ supposed centralization after a subtle adjustment to its multisig wallet.

Pay-to-use blockchains will never achieve mass adoption

Blockchain projects should learn from Google and Facebook by monetizing their users without directly asking for their money.

Miss Universe denies link with recently unveiled coin project

The Miss Universe Organization said that there is no Miss Universe cryptocurrency or blockchain offering involved with the Miss Universe or Miss Universe Philippines.

Couple mistakenly sent $10.5M by Crypto.com to face October plea hearing

Thevamanogari Manivel was sentenced to 18 months of community corrections with six months of unpaid community work while her husband will face a plea trial in October.

Binance.US scores against SEC, Mt. Gox delay repayments, and other news: Hodler’s Digest, Sept. 17-23

Binance.US scores temporary win against the SEC, Mt. Gox repayments delayed to 2024, and Tether’s $1B liquidity to Tron network.

Binance.US scores against SEC, Mt. Gox delay repayments, and other news: Hodler’s Digest, Sept. 17-23

The United States Securities and Exchange Commission has failed to win immediate access to Binance.US’s software, with the judge saying he isn’t “inclined to allow the inspection at this time.” The hearing was held on Sept. 18 to discuss the SEC’s motion to compel Binance to hand over detailed information and make its executives more available for depositions. In a hearing, Judge Faruqui said that he wasn’t “inclined to allow the inspection at this time.” Alternatively, he proposed that the SEC should come up with more specific requests for discovery and speak with a broader range of witnesses. In another headline, Binance global and its CEO Changpeng “CZ” Zhao requested dismissal of the SEC’s lawsuit filed against them in June, claiming the regulator overstepped its authority in the case. 

Mt. Gox trustee Nobuaki Kobayashi has officially changed the deadline for paying back the exchange’s creditors from Oct. 31, 2023, to Oct. 31, 2024. Presently, the Mt. Gox estate holds some 142,000 Bitcoin (BTC), 143,000 Bitcoin Cash (BCH), and 69 billion Japanese yen. Mt. Gox was one of the earliest cryptocurrency exchanges, once facilitating more than 70% of all trades made within the blockchain ecosystem. Following a major hack in 2011, the site subsequently collapsed in 2014 due to alleged insolvency; the fallout affected about 24,000 creditors and resulted in the loss of 850,000 BTC.

Tether’s Treasury is set to provide a $1 billion near-term liquidity for the Tron network. The billionaire authorization was flagged by blockchain tracker WhaleAlert, which drew a quick-fire response from Tether chief technology officer Paolo Ardoino, who said that the USDT tokens would be used as inventory to “replenish” the Tron network. Authorizing USDT in the Tether Treasury allows the company to issue USDT instantaneously once customer funds are received to ensure that the issuer maintains 100% of its reserves. Ardoino added that the event was an authorization and not an actual issuance, with the allocated amount set to serve as inventory for upcoming issuance requests and chain swaps from the Tron network.

Debtors of FTX have launched legal action against the parents Sam “SBF” Bankman-Fried, alleging that they misappropriated millions of dollars through their involvement in the crypto exchange. The plaintiffs argued that Joseph Bankman and Barbara Fried exploited their access and influence within the FTX empire to enrich themselves at the expense of the debtors in the FTX bankruptcy estate. The debtors alleged that SBF’s parents were “very much involved” in the FTX business from inception to collapse, contrary to what SBF has claimed. According to the complaint, Bankman and Fried extracted significant unearned rewards from their involvement in FTX Group, including a $10-million cash gift and a $16.4-million luxury property in the Bahamas.

Digital currency investment company Grayscale is the latest firm to file with the Securities and Exchange Commission for a new Ether (ETH) futures exchange-traded fund (ETF).


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DeFi activity on the decline, but investment rolls in: Finance Redefined

The total value locked in DeFi plunged by nearly $5 billion in the past week, falling to $44 billion, according to DappRadar data.

Base surges past Solana as total value locked nears $400M

As per DeFi Llama data, Solana’s TVL has decreased by 9.64% over the past month to sit at $358.96 million, while Base’s TVL has surged to $397.32 million.

Google Cloud adds 11 blockchains to data warehouse 'BigQuery'

Google’s BigQuery added 11 new public datasets for blockchain networks, allowing users to obtain a variety of data from these networks.

Core Scientific cracks $77M Bitmain deal for 27K Bitcoin mining rigs

The deal was first finalized in August with Anchorage as another party agreeing to equity stake in the bankrupt crypto miner.

India to develop dark net monitoring tool to combat crypto fraud: Report

The tool will monitor crypto wallets and alert the Indian Ministry of Home Affairs about irregular transactions, according to a report.

‘End of an era’ — Consensys sunsets Truffle, Ganache amid shift to Metamask Snaps

“No sugar coating this, it's been a challenging few months,” said Truffle in a social media post on Sept. 22.

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