Editor's Choice
Donald Trump and World Liberty Financial Raised $14 Million to Launch a Dollar Stablecoin Amid Possible CBDC Ban and Tax Changes 💵
Donald Trump, along with the World Liberty Financial (WLFI) project, aims to enter the cryptocurrency market by launching a stablecoin tied to the US dollar. The $14 million raised will allow WLFI to leverage the growing demand for stablecoins, serving as a secure asset for traders.The WLFI team is still working on creating the coin and security protocols, and the project launch may take time. If Trump returns to the White House, he will be able to influence the regulation of stablecoins, potentially strengthening his financial initiative.Additionally, Trump opposes the US central bank digital currency (CBDC) and promises to ban such government projects if re-elected, maintaining the 2017 tax cuts to support economic growth.
Stacks launches the Nakamoto update: Bitcoin transactions in seconds, 100% finality, and maximum data protection for users ⏱️
Stacks Layer 2 co-founder for Bitcoin, Muneeb Ali, announced the launch of the Nakamoto update. Now, transactions in Stacks achieve full finality and cannot be reversed after confirmation, providing additional security and stability.The update introduces the "Fast Blocks" feature, which reduces transaction delays from 10–40 minutes on the Bitcoin network to just a few seconds on the Stacks platform, enhancing convenience for users and developers.Stacks is now more aligned with the Bitcoin network, reducing the risk of fragmentation. The update also prepares the network for the launch of SBTC in the next 4–6 weeks, followed by optimizations to improve performance and capacity.
FV Bank and Visa Launch Debit and Corporate Cards Supporting Fiat and Digital Currencies for Global Payments 🌎
SAN JUAN, Puerto Rico, and LAS VEGAS — FV Bank, in partnership with Visa, announced at Money 20/20 in Las Vegas the launch of new debit and corporate cards available to customers worldwide. These cards provide access to fiat and digital funds in bank accounts, enabling convenient global payments.As a primary Visa member, FV Bank supports transactions across millions of merchants and ATMs. The cards operate with magnetic stripes, chips, and contactless payment. Cardholders can manage transactions and limits through the bank's online portal and mobile app.FV Bank CEO Miles Paschini noted that launching these cards is an important step toward providing integrated solutions for working with traditional and digital assets.
A fake app called “Curve DeFi v3” posing as the popular platform Curve Finance 🚫 has infiltrated the App Store 📱, making it to the top 100 financial apps 💰, despite reviews labeling it as a scam.
The counterfeit app, named “Curve DeFi v3,” mimicking the popular decentralized finance platform Curve Finance, has appeared in the App Store and even reached the top 100 financial apps as of October 26.Despite numerous negative reviews describing it as “fraudulent,” the app remains available for download. The app's developer, “Tao Duong Van,” has copied the logo and functionality of the genuine Curve Finance, creating a misleading impression for users.The app has already gained popularity in regions such as Europe, Latin America, New Zealand, the USA, and Southeast Asia, raising serious concerns about potential financial losses among users who might confuse it with the original. As of now, Curve Finance has not released any official statements regarding this fraudulent act.
REI Network announced a partnership with Whistle: combining zero-fee blockchain and a social ecosystem for interactive communication and fan economies 💬
Lido DAO launches Community Staking Module: Ethereum staking from 1.5 ETH with an opportunity for individual participants to contribute to network decentralization 🔗
Nigeria Becomes a BRICS Partner, Facing Contradictions in Relations with the USA: Strengthening Cryptocurrency Regulation, Dollar Shortage, and Arrest of Changpeng Zhao ⚖️
Skyfire attracts $9.5 million from Coinbase Ventures and a16z Crypto to develop infrastructure for autonomous payments involving AI agents based on USDC and Ethereum integration 🚀
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 🚀
Anonymous crypto-investigator ZachXBT uncovered a theft of over $243 million in Bitcoin, identified suspects, and helped recover part of the funds 💸
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 💼📊
Flare launches Blockchain Machine Images for fast and cheap deployment of Bitcoin, Ethereum, and Avalanche nodes via Google Cloud 🚀
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
The hacker, who stole around $20 million from a U.S. government crypto wallet, returned most of the funds. According to blockchain investigator ZachXBT, the hacker transferred back approximately 2,408 ETH and $13.19 million aUSDC, totaling $19 million.The hack affected assets such as USDC, USDT, aUSDC, and Ethereum, seized during the investigation into the 2016 Bitfinex hack. The hacker transferred the funds from address 0xc9E6 to their wallet 0x3486 and partially converted them to ETH.Some assets passed through platforms like Aave, with suspicious transactions tied to money laundering. Returning 88% of the stolen amount, the hacker left about $700,000, which was likely transferred to exchanges like Switchain or HitBTC.
Oasys and Miracle Play join forces to transform esports in Japan using blockchain, creating a secure and transparent gaming environment for the Web3 community 🎮
Oasys, a blockchain network for the gaming sector, has partnered with Miracle Play, a leading esports tournament platform. The partnership aims to revolutionize esports in Japan and other regions by using blockchain to create a more efficient and fair gaming experience.This event marks an important step forward in Web3 gaming. Oasys, known for its eco-friendliness and high speed, meets the needs of a wide gaming market. Miracle Play, leveraging the capabilities of Oasys, seeks to enhance its platform's functionality, creating a secure and transparent environment for players.
Lugano and Tether have unveiled a unique statue of Satoshi Nakamoto, the creator of Bitcoin, at the 3rd annual Plan ₿ forum at Villa Ciani 🎉
The city of Lugano, in collaboration with Tether, presented a life-sized statue of the mysterious creator of Bitcoin, Satoshi Nakamoto, at the third annual Plan ₿ forum held at Villa Ciani.This event brought together leaders of the blockchain industry, government representatives, and Bitcoin enthusiasts to honor Nakamoto’s impact on the world of finance. The mayor of Lugano, Michele Foletti, emphasized that this statue symbolizes not only the contributions of Satoshi Nakamoto but also the progressive spirit driving the city. He expressed pride in Lugano’s role in supporting blockchain technology and digital assets.This sculpture, created by artist Valentina Picozzi, is designed to disappear from view as the angle of perspective changes, symbolizing Nakamoto’s decision to step out of the public eye after creating Bitcoin.Paolo Ardoino, CEO of Tether, noted that Nakamoto’s decision to step aside and let the community lead the project reflects the essence of decentralization.
Bitstamp Obtains MiFID MTF License from the Slovenian Securities Market Agency, Allowing Regulated Cryptocurrency Derivatives in the EU 🌍
The cryptocurrency exchange Bitstamp has obtained the MiFID MTF license from the Slovenian Securities Market Agency, which allows it to offer regulated cryptocurrency derivatives in the EU, including perpetual swaps, to both institutional and retail investors.This license, which regulates traditional EU financial markets, covers stocks, securities, and derivatives. Bitstamp has become one of the first crypto exchanges to obtain MiFID MTF, enabling the offering of more complex financial products.Bitstamp CEO Jean-Baptiste Grafite highlighted that the license confirms the platform’s high level of security and reliability.
Best news of the last 10 days
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.