Editor's Choice
Bitget and Solayer launched a new product, BGSOL, for liquid staking SOL, offering users flexible asset management and participation in DeFi activities 💰
On October 22, Bitget and Solayer launched a new product, BGSOL — a solution for liquid staking. Users staking SOL tokens receive BGSOL in return. Unlike traditional staking methods, BGSOL allows assets to remain liquid while earning additional benefits. In addition to staking rewards, BGSOL tokens can be used in other DeFi activities, offering flexible asset management and higher staking returns.
Uniswap has launched a permissionless cross-chain bridge for nine blockchains, including Ethereum, Arbitrum, Polygon, and ZKSync, supporting only native assets and stable coins 🌐
The decentralized exchange Uniswap has launched an embedded permissioned cross-chain bridge, providing users the ability to conduct transactions across nine blockchains.On October 23rd, the Uniswap team announced that a permissionless cross-chain bridge is now supported, bringing the DEX protocol closer to full cross-chain swaps. This feature is powered by the Across Protocol.Users can now perform transactions between networks such as Ethereum, Arbitrum, Polygon, ZKSync, as well as Base, Zora, Blast, OP Mainnet, and World Chain. Importantly, only native assets like ETH for the Ethereum network or ARB for Arbitrum are supported. Stable coins are also available.Users can make cross-chain transactions directly through the Uniswap interface and wallet.
North Korean hacker group Lazarus used a zero-day vulnerability in Google Chrome to install spyware through the fake blockchain game DeTankZone with NFT transactions 🎮
The North Korean hacker group Lazarus used a zero-day vulnerability in the Google Chrome browser to install spyware through the fake blockchain game DeTankZone (or DeTankWar).Kaspersky Labs analysts discovered the exploit in May 2024 and notified Google, after which the vulnerability was fixed.The game, promoted on LinkedIn and X platforms, offered NFT tanks for participation in battles, but even those who did not download the game could be affected through an infected site.Lazarus used the Manuscrypt malware to exploit the vulnerability in the V8 JavaScript engine. This is already the seventh such vulnerability detected in Chrome in 2024.
Norway is preparing to introduce a central bank digital currency (CBDC) with a focus on the wholesale model, and a final decision will be made next year 💳
Norway continues to work on recommendations for implementing a central bank digital currency (CBDC), and a final decision is expected next year. Central Bank Deputy Governor Pål Longva stated that despite the active steps of other countries, Norway is not rushing to launch. He emphasized that the country is studying the issues of creating digital currency and is ready to cooperate with other central banks.Norway is considering both retail and wholesale versions of CBDC, but special attention is being paid to the wholesale option, which involves transactions between banks and the central bank.
International cryptocurrency exchanges freeze crypto assets of Iranians due to suspicions of local exchanges' ties with the Iranian government and the Islamic Revolutionary Guard Corps 🌍
Vietnam announced a National Strategy for the development of blockchain technologies until 2030: the creation of 20 reputable blockchain brands, the development of testing centers, and the strengthening of digital infrastructure and data security 🔐
Valve introduces local taxes on game purchases in Steam in the USA, causing a wave of discontent among gamers and developers 🎮
Nigeria dropped charges against Binance's head of financial crimes, Tigran Gambaryan, in a case of laundering more than $35 million for his treatment abroad, but the investigation against Binance for tax violations continues 💰
Bill Gates Donates $50 Million to Support Kamala Harris Campaign through "Dark Money" Future Forward, Expressing Concerns over Trump's Second Term 💰
Former President of Peru Alejandro Toledo sentenced to 20 years and 6 months in prison for receiving $35 million in bribes from Odebrecht 💸⚖️
Aurum Equity Partners is launching a $1 billion tokenized fund on the XRP Ledger blockchain with investments in data centers in the USA, UAE, Saudi Arabia, India, and Europe 🌍
Russian "Crypto Queen" Valeria Fedyakina defrauded investors of $22 million and transferred money to support the Ukrainian army 🌍
Metallicus integrates with the FedNow system to accelerate instant settlements in the Metal Pay (MTL) financial app and provide users with instant transactions 💸
Metallicus, the developer of the Metal Pay (MTL) financial app, announced its integration with FedNow, the instant settlement system launched by the Federal Reserve System of the USA. This collaboration aims to optimize financial operations, offering Metal Pay users the ability for instant transactions.
Meta will begin testing facial recognition technology to combat fraudulent ads featuring 50,000 celebrities on Facebook and Instagram in December 🌐
Meta has started combating fraudulent ads that use celebrity images with facial recognition technology. In December, the company plans to start testing this technology with the participation of 50,000 famous individuals, giving them the option to opt-out of participation.If Meta's systems suspect that an ad might be fraudulent, the image in the ad will be compared with the celebrity profile photos on Facebook and Instagram. If a match is confirmed and the ad is found to be fraudulent, it will be immediately removed.Meta’s Director of Global Threat Disruption, David Agranovich, noted that this process happens in real-time and is much more efficient than manual checks. The technology will also be used to restore user accounts if their profiles have been hacked by fraudsters.Previously, Meta suspended the use of facial recognition due to privacy concerns, but Agranovich emphasized that the data generated during this process will be immediately deleted after the check is completed.
Ras Al Khaimah (RAK) launches a legal framework for DAO in the digital asset free zone with the support of Startup DAO and Alpha DAO 👨💻🚀
Ras Al Khaimah (RAK), one of the emirates of the UAE, has implemented a new legal framework for decentralized autonomous organizations (DAO) in its digital asset free zone.The DAO Association Regime (DARe) creates a legal framework for managing DAOs and integrating them into the traditional economy. According to Luke Froelich, commercial director of RAK DAO, this opens opportunities for DAOs to obtain bank accounts and manage assets.DARe supports two types of DAOs: Startup DAO for small projects (up to 100 participants) and Alpha DAO for organizations with a treasury exceeding $1 million. These models simplify legal procedures and provide key resources for growth and expansion.The main benefits of DARe are tax incentives and legal protection, aligning with the UAE's plans to develop the digital economy and attract global talent.
The U.S. Department of Commerce is investigating TSMC for possible export sanctions violations related to the production of chips for the Huawei Ascend 910B, used in training AI models 🤖
The U.S. Department of Commerce is investigating a potential export sanctions violation by TSMC, which may have produced chips for Huawei. Recently, TSMC notified the Department of Commerce about an order for a chip similar to the Huawei Ascend 910B, designed for AI training and subject to U.S. sanctions.TSMC is the world's largest producer of high-tech chips. In 2020, the company stopped supplying products to Huawei due to imposed restrictions. These sanctions aim to limit Chinese companies, including Huawei, from accessing advanced semiconductors.TSMC stated that it complies with all export regulations, and no investigation has been initiated against the company at this time.
Best news of the last 10 days
Trivolve Tech and Quixy join forces to develop evidence management systems using Cardano Blockchain and Zero-Knowledge Proofs in Uttar Pradesh, India 👨⚖️
Donald Trump leads by 24% on the cryptocurrency platform Polymarket against Kamala Harris 🍟
Komainu acquires Propine Holdings Pte Ltd to strengthen its position in Singapore and expand digital asset custody services in the Asia-Pacific region 🌏
Asymmetric Research Joins Stacks Ecosystem to Secure Bitcoin L2 and Prepare for the Launch of New Programmable Asset sBTC 🎯
A court in Nancy has opened the "Red Card" case: 28 million euros fraud through cryptocurrency and fake diamonds, French football clubs affected ⚽💎
The trial of the "Red Card" case, involving 28 million euros of fraud through fake investments in cryptocurrency and diamonds, has started in Nancy. More than a thousand people, including major football clubs in France, were victimized. The accused, 22 people aged between 28 and 73, opened 199 bank accounts in 19 countries to launder money between 2016 and 2018.The scammers defrauded the clubs Sochaux, Angers, and Toulouse for 60,000 euros and tried to lure six more clubs, including Marseille and Nantes. Around 30 websites were created, promising guaranteed returns of 6-8% on investments. Authorities were able to seize 2.8 million euros to compensate the victims; six of the accused have admitted guilt, and three remain at large.
Sophos acquires Secureworks for $859 million, strengthening its position in the market with the integration of MDR and XDR solutions for global cybersecurity 🌐
Sophos and Secureworks® (NASDAQ: SCWX) have announced an agreement under which Sophos will acquire Secureworks for $859 million in cash. This merger will combine Sophos’ expertise in managed security services with Secureworks’ solutions based on the Taegis™ platform to enhance MDR and XDR offerings.Both companies plan to integrate their solutions to improve protection for organizations worldwide, leveraging artificial intelligence, threat analytics, and decades of cybersecurity experience. Sophos also plans to expand its offerings by incorporating new technologies for operating systems, access protection, and vulnerability management.This merger will help both companies strengthen their market position and increase value for customers and partners.
Buenos Aires launched the QuarkID digital system on the Ethereum ZKsync Era blockchain for data protection of residents using ZK-proofs and integration into the miBA app 🎉
The city of Buenos Aires has launched the QuarkID digital identification system, which will enhance data protection for residents using ZK-proofs. This service is integrated into the miBA app for accessing municipal services and documents, allowing users to verify the authenticity of their data without revealing unnecessary information.QuarkID uses the Ethereum blockchain network (ZKsync Era) to ensure data security. Over 60 types of documents are already available, and more will be added in the future. All data is controlled by users, excluding third-party interference, reducing the risk of data breaches and theft.The project will also be tested in other regions of Argentina.
Chainlink to collaborate with ANZ and MAS to test confidential blockchain technologies and implement CCIP with transaction encryption 💰
Chainlink collaborates with banks to test confidential private blockchains. Participants can share keys with regulators or auditors. Chainlink, the leading oracle provider, is already integrated into 407 projects on 20 blockchains.The company is developing encryption services for institutional users through the CCIP network, combining private and public chains. The Australian and New Zealand Bank (ANZ), along with the Monetary Authority of Singapore (MAS), will be the first to test this technology.The new blockchain privacy management system will create encrypted channels for hidden cross-chain transactions. Chainlink is also working on implementing ZK-proofs for financial institutions to ensure secure transactions without revealing data to third parties.