- Tornado Cash developers Roman Storm and Roman Semenov are accused of money laundering and sanctions violations. Storm has been arrested by the Department of Justice. Over $1 billion in transactions were allegedly conducted through their mixing service, which aims to hide the identities behind crypto transactions.
- FTX Founder Sam Bankman-Fried points fingers at Fenwick & West Lawyers for defense, maintains not guilty plea to recent charges. Bankman-Fried cites "good faith" in actions, including loaning funds, using auto-delete Signal messages, and setting up North American entities based on legal counsel from Fenwick & West.
- FTX bankruptcy costs $1.5 million daily, causing concern among creditors as the process prolongs.
- FTX enlists Galaxy to manage crypto assets, with a focus on selling, staking, and hedging large sums while ensuring creditor returns.
- Unstoppable Domains launches decentralized messaging with XMTP.
- Quantstamp, a blockchain security firm, collaborates with University of Toronto researchers to develop a service to counter flash loan attacks.
- Hacked crypto exchange Cypher plans public token sale.
- Bitstamp ends ETH staking for U.S. users on September 25, following the halt of trading for seven altcoins.
- Twitter user meUP_meQuit falls victim to a $900k Google Crypto Celer ad scam.
- Cardano (ADA) creator Charles Hoskinson clarifies that the US SEC isn't pursuing action against the project.
- The FBI reveals a list of bitcoin wallets controlling approximately 1580 bitcoins ($40 million), linked to exploits pursued by the Lazarus Group.
- Central African Republic explores the idea of tokenizing its natural resources.
- Singaporeβs biggest bank DBS introduces a metaverse concept to tackle food waste.
- Germany plans to double public funding for AI research to nearly one billion euros in two years, signaling increased AI investments.
- Nvidia's shares surge by nearly 10% in after-hours trading due to high demand for AI chips. Q2 earnings of $13.5 billion surpass Wall Street estimates by over $2 billion, marking an 88% increase from Q1.
- Alchemy hires former Stripe executive as the new Head of Engineering.
- Kresus introduces a curated marketplace for Polygon projects.
- Former New Jersey Department of Corrections lieutenant John A. DeSalvo charged by SEC for orchestrating a crypto scam targeting police officers and first responders. Allegedly raised $623,388 from 222 investors through Blazar token sales, promising high returns.
- 18-year-old Arion Kurtaj from Oxford found guilty of participating in a cyber-crime gang that targeted major tech firms including Uber, Nvidia, and Rockstar Games.
- Former Alameda Research engineer Aditya Baradwaj accuses ex-boss Sam Bankman-Fried of taking his life savings. Baradwaj recounts troubling experiences at Alameda Research, revealing close ties between FTX and Alameda Research.
- Crypto traders Mike Alfred and Peter Brandt accuse Binance CEO of manipulating Bitcoin to support BNB.
- Mahomes partners with Azuki. Azuki's CoinGecko floor price drops by 79% in two months, despite Mahomes' success.
- DeFi Total Value Locked (TVL) hits its lowest level since February 2021.
- A bitcoin mine in Pennsylvania, Stronghold Digital Mining, seeks to use scrap tires as a fuel source for its operations, despite facing air quality violations.
- Shopify embraces USDC payments through Solana.
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