Banks Using Permissionless Blockchains for Transactions Face Multiple Risks: BIS Aug 29, 2024 Risks include operations and security, governance, legal, settlement finality and compliance, the report said. Read more
Cash-to-Crypto Industry Dominated by ATMs Is a Law-Enforcement Concern: TRM Labs Aug 29, 2024 Since 2019, the cash-to-crypto industry– which is dominated by crypto ATMs – has processed at least $160 million in illicit trades, TRM Labs said. Read more
CEO of South Korean Crypto Firm Haru Invest Stabbed During Trial: Reuters Aug 29, 2024 The executive was taken to hospital; his injuries are not life threatening. Read more
Crypto Market Has Evolved in the Past Year, Canaccord Says Aug 29, 2024 The digital assets industry has bounced back from the collapse of crypto exchange FTX and returned to growth in the past 12 months, the report said. Read more
Can Prediction Market Boom Continue After Election? This Crypto Team Has a Plan Aug 29, 2024 Hedgehog Markets, which runs on the Solana blockchain, wants to do for prediction markets what Pump.fun did for meme coins: Let anyone roll their own. Read more
Indian Court Orders Scam Websites Using Crypto Exchange Mudrex's Name to Be Taken Down Aug 29, 2024 The court ordered India's Ministry of Communication to move against as many as 38 websites. Read more
Polymarket Bettors Miss Out on $270K Due to Pavel Durov's Early Release Aug 29, 2024 Bettors were fairly sure the Telegram CEO would be released in September. His release on Wednesday tossed the market on its head. Read more