- A KYC data breach at Bit24.cash, an Iranian exchange, has affected 230K members. Investigation reveals revealing credit cards, passports, and IDs.
- Bitcoin is now formally recognised as a unit of account by Próspera Zone in Honduras. The initiative is led by acting manager Jorge Colindres. Organisations that choose to use Bitcoin can determine their internal tax requirements.
- North Korean hacker outfit Lazarus transferred $1.2M in Bitcoin. They often used a coin mixer in their business activities to conceal who owned the bitcoin. Lazarus Group has been connected to $3B in bitcoin thefts, including the Ronin bridge connected to AxieInfinity.
- To lower the maximum supply of CAKE tokens and improve market stability, PancakeSwap has burned 8.74M or $25M. This step establishes a standard for long-term growth and fortifies the decentralised exchanges’ position within the DeFi industry.
- An agreement to buy up to 160,000 Bitmain S21 miners has been secured by CleanSpark, a Bitcoin miner listed on the Nasdaq. CleanSpark can reach a 50 EH/s hashrate as a result of the acquisition.
- PayPal USD (PYUSD) stabelcoin is looking into ways to be integrated into the Aave decentralised lending system.
- Core Scientific, a bitcoin mining business, has revealed the results of its $55 million Equity Rights Offering (ERO). Established as a means of raising capital, the ERO had oversubscription, with total subscriptions exceeding the $55M ceiling.
- Version 13.0 is scheduled to be implemented this coming Wednesday, and it was approved by the Starknet community. Along with ETH, the upgrade will facilitate transactions using Starknet’s native token.
- SEC Chairman Gary Gensler cautioned prospective investors in crypto assets to be aware of the risks in a thread on X. “Those offering crypto asset investments/services may not be complying w/ applicable law, including federal securities laws,” Gensler wrote in his thread.
- One of the biggest online retailers in Japan, Mercari, will let customers pay with Bitcoin for goods that are advertised on its flea market app. The e-commerce platform will enable Bitcoin transactions through its Tokyo-based cryptocurrency exchange subsidiary Melcoin.
Disclaimer : This article was created for informational purposes only and should not be taken as investment advice. An asset’s past performance does not predict its future returns. Before making an investment, please conduct your own research, as digital assets like cryptocurrencies are highly risky and volatile financial instruments.
