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SEC charges fund adviser Galois Capital for FTX crypto custody

The fund allegedly lost about half of its assets following FTX's collapse. 

Bitcoin network hashrate reaches new all-time high 

Bitcoin network difficulty, a closely related yet separate metric, is also at historically high levels and currently sits at 89.4 trillion.

21.co launches Bitcoin wrapper on Ethereum

It aims to bring institutional-grade security to wrapped BTC.

Matter Labs CEO announces company restructuring, layoffs

Matter Labs is the creator of the Ethereum layer-2 scaling solution ZKsync.

Arbitrum Stylus mainnet launch opens Web3 for traditional coders

Offchain Labs introduces Arbitrum Stylus on mainnet, enabling DApp development with WebAssembly languages, boosting performance, and lowering gas fees.

Terraform wallet moves $62M BTC as Do Kwon remains in legal limbo

Awaiting extradition to either the US or South Korea, Do Kwon could have had access to the Terraform Labs wallet containing more than 1,075 BTC.

Aave, Sky float partnership to bridge DeFi, TradFi

The plan would create markets for DAI-replacement USDS on Aave.

Bitcoin ‘new’ investor spike echoes 2019 BTC price peak — Analysis

Bitcoin investors who bought in at the March highs have been fighting choppy BTC price action ever since.

Are there ‘too many’ blockchains for gaming? Sui’s randomness feature: Web3 Gamer

Too many blockchains and less funding for the industry? Plus, Sui’s randomness feature for gaming developers: Web3 Gamer

Telegram games and Hamster Kombat will catalyze Web3 adoption: Animoca’s Yat Siu

Hamster Kombat is preparing to launch the “largest airdrop in the history of crypto,” which could bring even more mainstream attention to the viral Web3 mobile game. 

Cardano down 75% vs. Bitcoin 2 years after Charles Hoskinson questions BTC longevity

After breaking below a lifetime support level, ADA's price versus Bitcoin could drop by another 25% in the coming months.

Riot Platforms urges Bitfarms board changes ahead of crucial October meeting

Riot Platforms urges further changes to Bitfarms’ board, proposing two independent directors ahead of a special meeting in October.

Solana Foundation defends decentralization amid patch coordination claims

Solana Foundation’s Dan Albert highlighted the network’s distributed block-producing nodes, arguing that coordinating a patch does not mean centralization.

Crypto platform resumes UK registrations after 10-month FCA compliance pause

The crypto lending platform took the 10-month pause to realign its onboarding process with the FCA's guidelines oriented towards investor protection.

South Korea joins global crackdown on Telegram, cites deepfakes

South Korea has joined the growing list of global jurisdictions launching probes against Telegram over illicit content dissemination.

Justin Sun implements 100% onchain buyback for SunPump

Justin Sun’s SunPump community abandons LP token burning in favor of a more transparent onchain buyback and burn process.

Ripple to add smart contracts to XRP Ledger

The move aims to attract developers and expand XRP Ledger's capabilities, bringing new use cases to its ecosystem.

August sees 215% rise in crypto phishing, $55M lost in single attack

The majority of the stolen funds are accounted for by a major phishing incident that cost an unfortunate user $55 million.

Elon Musk’s xAI Colossus goes online — and it really is colossal

Elon Musk’s xAI has launched Colossus — now the most powerful AI training system — setting a new benchmark in the AI race with a 100,000 H100 training cluster that will soon double in size.

Bitcoin price nearly hits $60K but traders still see bearish September

Bitcoin’s early comeback may last just one week as the ninth month of the year also portends problems for gold.

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