Editor's Choice
Bill Gates Donates $50 Million to Support Kamala Harris Campaign through "Dark Money" Future Forward, Expressing Concerns over Trump's Second Term 💰
Bill Gates, co-founder of Microsoft, has donated approximately $50 million to Future Forward, an organization supporting Kamala Harris's presidential campaign. This is surprising since Gates typically avoids public political donations.According to the New York Times, Gates is concerned about the consequences of a potential second term for Donald Trump, which could reduce funding for health and family planning programs supported by his foundation. He noted that this election is particularly important and supports candidates working to improve healthcare, reduce poverty, and combat climate change.The donation went through Future Forward USA Action, an organization that does not disclose its donors.
Former President of Peru Alejandro Toledo sentenced to 20 years and 6 months in prison for receiving $35 million in bribes from Odebrecht 💸⚖️
Former President of Peru Alejandro Toledo has been sentenced to 20 years and six months in prison for receiving $35 million in bribes from the Brazilian company Odebrecht. In exchange for the bribes, Toledo facilitated the construction of a highway connecting Brazil with southern Peru. The initial cost of the project was $507 million, but Peru ended up paying $1.25 billion.Judge Ines Rojas noted that Toledo abused the trust of the people and his presidential duties. His lawyer stated that the sentence will be appealed. Toledo was extradited from the United States in 2022 after being arrested in 2019.
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 🌍
Aurum Equity Partners announced the launch of a $1 billion tokenized fund on the XRP Ledger blockchain, linked to Ripple. The fund will invest in data centers in the USA, UAE, Saudi Arabia, India, and Europe, claiming it to be the "world’s first tokenized fund combining equity participation and debt instruments."The fund utilizes Zoniqx’s technology to tokenize financial instruments, marking a significant milestone for XRP Ledger and Ripple Labs in the area of real-world asset (RWA) tokenization, which could reach trillions of dollars in the coming years.Ripple is also awaiting regulatory approval from New York authorities to launch a stable_coin, which will improve liquidity and support asset tokenization on the XRPL network.
Russian "Crypto Queen" Valeria Fedyakina defrauded investors of $22 million and transferred money to support the Ukrainian army 🌍
24-year-old Valeria Fedyakina, known as the "Crypto Queen," defrauded investors of over $22 million, directing part of the funds to the Ukrainian army. Posing as a cryptocurrency expert, she convinced victims to transfer money to Dubai accounts to bypass banking restrictions, promising quick returns that were never realized.The investigation revealed that Fedyakina used the money at her discretion and also provided illegal services related to currency conversion and international cryptocurrency transfers. She was arrested while attempting to fly to the UAE and is awaiting trial, facing up to 10 years in prison.
Metallicus integrates with the FedNow system to accelerate instant settlements in the Metal Pay (MTL) financial app and provide users with instant transactions 💸
Meta will begin testing facial recognition technology to combat fraudulent ads featuring 50,000 celebrities on Facebook and Instagram in December 🌐
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 👨💻🚀
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 🤖
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.
Best news of the last 10 days
Scam Sniffer discovered phishing ads on Google targeting cryptocurrency theft from Soneium blockchain wallets on the Ethereum (ETH) platform 🔒
The Avalanche Foundation has launched the Avalanche Card for payments with WAVAX, USDC, and sAVAX tokens via Visa in Latin America and the Caribbean 🌎
SuiHub Dubai is launching the first center at Expo City Dubai to support blockchain developers and Web3 startups in the MENA region 🌍
VanEck activates staking for Solana ETN in Europe with $73 million in assets and automatic reward accruals 💰
Indonesian agency Bappebti has extended the deadline for cryptocurrency exchanges to obtain licenses until the end of November 2024, requiring cooperation with local authorities and the implementation of KYT standards 🚨
The Indonesian agency Bappebti has extended the deadline for cryptocurrency exchanges to obtain licenses until the end of November. New rules, published on October 18, require exchanges to cooperate with local authorities and implement "Know Your Transaction" standards to comply with regulations.Licensing for cryptocurrency exchanges in Indonesia began in 2019. In 2023, a national cryptocurrency exchange was launched, requiring mandatory registration of exchanges. This is aimed at increasing investor safety and controlling tax obligations. More than 30 exchanges have applied for licensing, including Tokocrypto, a subsidiary of Binance.
Ledger Live launches cross-chain swaps with THORChain for direct Bitcoin to Ethereum exchange without wrapped tokens 🔄
Ledger Live has partnered with the decentralized protocol THORChain to provide users with the ability to perform cross-chain swaps directly through the platform. The new feature, introduced on October 21, allows asset exchanges between blockchains, such as Bitcoin to Ethereum, without using wrapped tokens, making the process simpler and more secure.Users can access this feature via the "discover" page in the Ledger Live app, which expands the platform's capabilities for trading, swapping, and staking cryptocurrencies.There are also rumors of a possible THORChain integration with Binance's Web3 wallet, which would strengthen the platform's capabilities in the future.
Transak reports a data breach affecting 92,554 users: personal information compromised, funds safe 💻🔒
Transak has reported a data breach affecting 1.14% of its users (92,554 people). Due to a phishing attack, an attacker gained access to a third-party KYC provider system, allowing them to view personal information, including names, dates of birth, documents, and selfies.Financial information, such as emails, passwords, credit cards, and other data, was not compromised. Users' funds remain safe as the platform is non-custodial.Transak has taken steps to mitigate the consequences of the incident and ensure data security in the future.
India and China reached an agreement on new patrol measures along the Line of Actual Control in Eastern Ladakh, easing tensions after the 2020 events 🚨
India and China have reached an agreement on patrols along the Line of Actual Control (LAC) in Eastern Ladakh, marking an important step toward reducing tensions that arose following the 2020 standoff.This agreement was confirmed by Vikram Misri, India's Foreign Minister, who noted that prolonged negotiations at the military level and consultation mechanisms have led to a consensus on new patrol measures. These steps aim at gradual disarmament and normalization along the border.