Editor's Choice
Garanti BBVA Crypto Expands Audience to 14,000 Users and Wins "Digital Finance Pioneers" Award Thanks to Collaboration with Ripple and IBM for Digital Asset Protection 🚀
Garanti BBVA Crypto strives for high standards of security and reliability for digital assets through partnerships with Ripple and IBM. The platform, serving over 14,000 users, recently received the "Digital Finance Pioneers" award from KPMG Turkey and FINTR.Collaboration with Ripple Custody and IBM enables Garanti BBVA Crypto to protect private keys and data using institutional-grade infrastructure. CEO Korkan Abalı emphasized the growing demand for digital assets and stated that the company will continue to expand its asset range and enhance service infrastructure.
Anonymous crypto-investigator ZachXBT uncovered a theft of over $243 million in Bitcoin, identified suspects, and helped recover part of the funds 💸
ZachXBT is an anonymous crypto-investigator who has spent three years fighting scammers and criminals in the crypto industry. In a WIRED article, they recounted how he once noticed a transfer of $600,000 in Bitcoin to a small exchange, then another $1 million, and $2 million. Realizing this was a theft, he began tracking transactions while on the go, managing to identify several suspects and sharing updates with his 650,000 followers.Since 2021, Zach has tracked billions in stolen funds and helped recover $210 million.
Google allocates $15 million in grants to develop AI skills in the US public sector: $10 million for Partnership for Public Service and $5 million for InnovateUS 💼📊
On October 16, Google announced the allocation of $15 million to two nonprofit organizations: Partnership for Public Service and InnovateUS. These funds are part of the $75 million AI Opportunity Fund from Google.org, aimed at developing AI skills in the United States.Partnership for Public Service will receive $10 million to launch the AI Development Center in the federal sector in 2025. The center will offer a program for civil servants to assess AI applications and enhance their knowledge in this field, as well as an internship program for students focused on responsible AI implementation in government structures.The remaining $5 million will go to InnovateUS, which will use the funds to double its reach from 50,000 to 100,000 public sector workers, teaching them AI basics across more than 30 states.
Flare launches Blockchain Machine Images for fast and cheap deployment of Bitcoin, Ethereum, and Avalanche nodes via Google Cloud 🚀
Flare has introduced Blockchain Machine Images, a new tool that allows for quick and economical deployment of blockchain nodes through Google Cloud. This "node-as-a-service" solution simplifies node implementation for decentralized applications and platforms, supporting networks like Bitcoin, Ethereum, and Avalanche.Blockchain Machine Images help businesses reduce costs: a Flare node will cost $300 per month, which is lower than many other platforms. According to Josh Edwards, Flare's Vice President of Engineering, this tool will also be beneficial for Flare attestation providers, supporting secure data exchange within the ecosystem.
A hacker returned $19 million stolen from a U.S. government crypto wallet, including 2,408 Ethereum and $13.19 million aUSDC 💸 — about 88% of the stolen funds
Oasys and Miracle Play join forces to transform esports in Japan using blockchain, creating a secure and transparent gaming environment for the Web3 community 🎮
Lugano and Tether have unveiled a unique statue of Satoshi Nakamoto, the creator of Bitcoin, at the 3rd annual Plan ₿ forum at Villa Ciani 🎉
Bitstamp Obtains MiFID MTF License from the Slovenian Securities Market Agency, Allowing Regulated Cryptocurrency Derivatives in the EU 🌍
The US and Nigeria launch a Bilateral Group to Combat Illegal Finance and Cryptocurrencies to Counter Cybercrime 💻 and Money Laundering 💸, including the recent incident with Binance's Head of Compliance Tigran Gambaryan.
EMURGO and BitcoinOS integrate BOS Grail bridge with Cardano to increase Bitcoin (BTC) liquidity in DeFi through the BitSNARK zero-knowledge protocol 💥
Cross-Chain Platform Radiant Capital Hit by Cyberattack with $50 Million Stolen: Hackers Moved 20,500 Ethereum from Arbitrum and Binance BNB Chain 🔥
The UK’s antitrust authorities launch a probe into Google’s $2 billion investment in AI startup Anthropic, assessing competition risks amid a global race for AI dominance 🏁
Socios.com received preliminary approval for a Class 3 crypto license from Malta (MFSA) to offer virtual financial assets ⚽
The Socios.com platform has received preliminary approval for a Class 3 crypto license from the Malta Financial Services Authority (MFSA), bringing it closer to full licensing. Founded in 2018 and owned by Chiliz Group, Socios.com allows users to interact with their favorite sports clubs through tokens, participate in voting, and receive exclusive offers.The preliminary approval from the MFSA will allow the platform to offer virtual assets in accordance with regulations and enhance fan interaction with clubs like FC Barcelona and PSG. Company CEO Alexandre Dreyfus noted that this decision strengthens trust in the platform and its commitment to regulatory standards critical for the SportFi field, and prepares it for the upcoming EU regulation (MiCA), which will take effect in 2025.
Etherscan has released the beta version of API v2 with support for over 50 blockchains, including Ethereum, BNB Smart Chain, Polygon, and Arbitrum, to simplify multichain development 🚀
Etherscan has launched the updated API v2 to streamline multichain application development. The beta version allows developers to access data from more than 50 EVM-compatible blockchains through a single API key, making access and management easier. The new "chainID" parameter lets users select the desired chain, removing the need for multiple keys across different blockchains.Supported networks include Ethereum, BNB Smart Chain, Polygon, Arbitrum, and test networks such as Sepolia and Goerli. A single API key reduces setup time and simplifies code, making multichain development more accessible and efficient.
Coinbase has become the official crypto partner of the Canadian Football League and the Grey Cup: every fan receives a $25 Bitcoin bonus after their first transaction on the platform! 🏈
Coinbase has become the official crypto partner of the Canadian Football League (CFL) and the 111th Grey Cup, making it the first crypto partner of the league. The company will sponsor the opening coin toss before the championship in Vancouver on November 17.Canada is Coinbase’s second-largest crypto market in terms of awareness, with approximately 5 million people owning cryptocurrency. This presents significant growth potential for the company."CFL is one of Canada’s most respected sports communities, and we’re excited to work with them," noted Lucas Matheson, CEO of Coinbase Canada. The aim of the partnership is to enhance Canadians' interest in cryptocurrencies and broaden their participation in the digital economy.In addition, Coinbase is giving a $25 Bitcoin bonus to each CFL fan after their first transaction on the Coinbase app or website.
Exploit on Base Blockchain: Vulnerabilities in Wrapped Ether (WETH) Smart Contracts Identified, Around $1 Million Stolen Through Price Manipulation 💸
An exploit on the Base blockchain revealed serious vulnerabilities, leading to the theft of about $1 million and raising questions about security in the DeFi sector.On October 25, Cyvers Alerts reported that an attacker used a vulnerability in Wrapped Ether (WETH) smart contracts, manipulating the price to withdraw funds. The initial suspicious transaction allowed the hacker to withdraw $993,534 from unaudited contracts on Base, with a significant portion later transferred to the Ethereum network, including $202,549 routed through Tornado Cash. An additional $455,127 was stolen using the same method.Cyvers Alerts’ Hakan Unal noted that the issue stemmed from using an inadequately secured oracle, which was easily manipulated. To prevent such incidents in the future, DeFi platforms are advised to choose more reliable oracles with high liquidity and conduct thorough contract audits.
Best news of the last 10 days
OKX launches the AI tool "Smart Sync" for automatic copying of leading traders' portfolios on the spot market, making trading easier for beginners and experienced users 💹
The Pennsylvania House of Representatives approved House Bill 2481 on Bitcoin and digital asset regulation: 176 votes in favor and 26 against, with a focus on self-custody rights, Bitcoin payments, and transaction taxation 🏛️
MEXC launches a multimillion-dollar fund to support the Aptos ecosystem, investing in projects like Aries Market and Amnis Finance, and sponsoring the Aptos Code Collision hackathon for MOVE developers 💰
The BingX cryptocurrency exchange has fully restored its operations and launched the "ShieldX" feature to protect against external threats after losing more than $50 million in assets, including Ethereum and Binance Coin 🛡️
Fraudsters stole $21.6 million from 40,000 investors to fund a luxurious lifestyle: private jets, a shark aquarium, and sex services 🦈
Five individuals were convicted of participating in a $21.6 million fraud scheme, with stolen funds used for a lavish lifestyle that included private jets, sex services, and even a shark aquarium. The fraudsters attracted about 40,000 investors, promoting schemes with the EXW wallet and EXW token, according to the Austrian outlet Heute on October 23.In the Klagenfurt court, where the trial lasted two months, two received five-year sentences, two received 30-month sentences, and one received an 18-month sentence. The judge noted that the defendants spent the stolen money on elite clubs and vacations in Dubai and Bali, including the shark aquarium.The funds were transported to Austria in plastic bags. In September 2023, the prosecution charged eight suspects, although some accused individuals are still at large.
Anonymous hackers stole $20 million in USDC, USDT, aUSDC, and ETH cryptocurrencies from U.S. government wallets and began laundering funds 💰
Anonymous hackers stole $20 million in crypto assets from U.S. government wallets and, according to Arkham Intelligence, have already started laundering the funds through suspicious addresses.These assets are part of the $3.6 billion previously seized after the Bitfinex hack. Cryptocurrency researcher ZachXBT noted that the stolen funds, including USDC, USDT, aUSDC, and ETH, were promptly transferred to instant exchanges for quick monetization.The U.S. is one of the largest holders of crypto assets due to frequent confiscations. The hackers' ability to penetrate government security systems and launder assets is cause for concern.
Ubisoft has released its first original NFT game, Champions Tactics: Grimoria Chronicles, on the Oasys blockchain with turn-based battles and the use of digital champions 🎮
Ubisoft, one of the largest video game developers, has released its first original NFT game called Champions Tactics: Grimoria Chronicles. This free-to-play tactical strategy game is available on PC through Ubisoft Connect and uses NFT tokens created on the Oasys blockchain. Players can immerse themselves in a fantasy world where digital champions fight in turn-based battles.
Base8 officially launches the Bitcoin Layer 3 platform with Lightning Network integration, Babylon for staking, and Stacks for DeFi, offering users convenient solutions for crypto investments, fast payments, and asset management 💰
Base8, a mobile Bitcoin Layer 3 platform, has announced its launch, offering users integration with Bitcoin Layer 2 solutions such as the Lightning Network for fast payments, Babylon for staking, and Stacks for decentralized finance (DeFi). The app supports satoshis (SATs), making Bitcoin easier to use in everyday life.Base8 aims to become an all-in-one platform for managing Bitcoin by combining centralized investments with decentralized financial services. With support for L2 technologies and a focus on the use of satoshis, the platform makes managing crypto assets simple and secure.