Mainstream commerce and big brands are reporting improved business results and promising loyalty programmes through integrations with the wider Solana ecosystem.
Decentral Block Post
FTX claims climb to 57% as Sam Bankman-Fried found guilty on all counts
The recent surge in FTX claims is being attributed to its early investment in AI companies whose valuation has jumped in recent times.
Apple MacOS malware targets crypto community and engineers
The social engineering attacks trick community members into downloading a malicious ZIP archive named ‘Cross-platform Bridges.zip’ — imitating an arbitrage bot designed for automated profit generation.
‘We were worried about ecosystem startups' — Solana CEO on FTX collapse
Solana co-founder Anatoly Yakovenko reflects on the fallout of FTX's failure and its initial impact on Solana ecosystem builders.
$308M crypto laundering scheme busted, Hashkey token, Hong Kong CBDC: Asia Express
Asia Express: Ringleaders of $308M P2P crypto laundering scheme jailed in China, Visa’s Hong Kong CBDC trial a success, Hashkey token.
Law professor says blockchain tech could ‘revolutionize’ copyright offices
According to the research, blockchain provides several game-changing benefits for intellectual property licensing and management.
Jury directions begin in Sam Bankman-Fried criminal trial
Jury deliberations are to expected to begin shortly and may last until next Monday.
Slumdog billionaire 2: ‘Top 10… brings no satisfaction’ says Polygon’s Sandeep Nailwal
Polygon co-founder Sandeep Nailwal won’t be happy until the project is successful enough to stand alongside Bitcoin and Ethereum.
SafeMoon hacker’s use of centralized exchanges could help law enforcement: Match System
SafeMoon was exploited in March earlier this year after a smart contract update led to a burn call vulnerability allowing hackers to transfer funds.
TradFi gets crypto boost: Renegade joins Cointelegraph Accelerator
Cointelegraph Accelerator welcomes Web3-friendly fintech platform Renegade to its program.
Trader exploits Multichain opening to turn $280k to $1.9M; community suspects insider job
The momentary opening of the frozen bridge raised suspicion of it being an insider job as the trader in question was the only beneficiary.
Axie Infinity developer brings Japanese Web2 games to Ronin
The first Web2 game of the series to be bridged to Ronin is Zoids Wild Arena.
Breaking: Some Multichain transactions are confirmed as queue unwinds
Prior to November 1, the last transactions has taken place more than 117 days ago, according to Multichain's explorer tool.
Lazarus used ‘KANDYKORN’ malware in attempt to compromise exchange —Elastic
Lazarus members posed as engineers and fooled exchange employees into downloading difficult-to-detect malware.
Visa completes digital Hong Kong dollar pilot test with local banks
The e-HKD CBDC Pilot Programme will enter phase 2 following praise from the city's monetary authority.
Worldcoin claims 4 million app downloads and 1 million active users
The ‘World App’ for iOS and Android has now been downloaded 4 million times, according to data collected by its development team, Tools for Humanity.
Crypto’s ‘pro-rioter’ glitch artist stirs controversy — Patrick Amadon, NFT Creator
NFT artist Patrick Amadon is proudly “pro-rioter,” as Hong Kong Art Week discovered, and he’s at home in crypto, where everyone’s a rebel.
HSBC and Ant Group test tokenized deposits under HKMA sandbox
During the test, HSBC was connected to the blockchain platform developed by Ant Group and supported by Ant Group’s banking partners.
Canadian MP urges community to study Bitcoin, cites Gensler’s pre-SEC stance
Lightbound disclosed that he owns Bitcoin himself but won’t advocate for people to buy it but rather study it.
Onyx Protocol exploiter begins siphoning $2.1M loot on Tornado Cash
The bug Onyx Protocol hacker exploited to steal $2.1 million was previously used by a hacker to extort $7 million from Hundred Finance.
FTX and Alameda Research wallets send $13.1M in crypto to exchanges overnight
A court-ordered liquidation process allows FTX to sell nearly $3.4 billion worth of crypto assets in weekly batches starting from $50 million a week.
NEAR taps Nym for metadata privacy, encryption services
Layer 1 blockchain NEAR will integrate Nym Technologies’ data privacy and encryption services for users and DApps operating across its ecosystem.
Invesco and Galaxy’s joint spot Bitcoin ETF added to DTCC’s site
The Invesco Galaxy Bitcoin ETF (BTCO) now appears on the clearing house’s site but doesn’t indicate an impending approval.
SBF criminal trial moves to closing arguments
Bankman-Fried pleaded not guilty to all seven counts of fraud charges related to the collapse of crypto exchange FTX.
October sees a comparative lull in crypto crime with losses of $32.2M: CertiK
There is no clear downward trend in crypto crime, but a quiet month is undoubtedly more than welcome in the Web3 community.
SBF says spending FTX customers’ money was part of ‘risk management’: Report
At the time of bankruptcy, FTX faced a shortfall of $8 billion owed to its customers.
Ethereum layer 2s will continue to have diverse approaches to scaling — Vitalik Buterin
Ethereum co-founder Vitalik Buterin pens an analysis of Ethereum’s layer-2 ecosystem, highlighting diverse approaches to scaling the smart contract blockchain.
Slumdog billionaire: Incredible rags-to-riches tale of Polygon’s Sandeep Nailwal
Growing up in poverty in a Dehli ghetto, with an alcoholic father, Sandeep Nailwal went on to found the $6B Polygon crypto empire.
Sam Bankman-Fried lawyers pitch for changes to judge’s jury instruction
Bankman-Fried’s attorneys have made several requests in the past few months, ranging from early bail to vegan food and prescription drugs.
Rising M2 money supply will see crypto become ‘supermassive black hole’ — Raoul Pal
Historically, the cryptocurrency market has benefited from the rise in global money supply, as the majority of bull runs in the past coincided with the rise in fiat supply.