EddieJayonCrypto

 11 Oct 24

tl;dr

• Bitfinex hack victim receives restitution from the infamous 2016 $72 million crypto theft as part of ongoing efforts to compensate affected users. • A report by S&P Global reveals that AI and blockchain can work together effectively, highlighting potential synergies for improving security, transp...

• Bitfinex hack victim receives restitution from the infamous 2016 $72 million crypto theft as part of ongoing efforts to compensate affected users.
• A report by S&P Global reveals that AI and blockchain can work together effectively, highlighting potential synergies for improving security, transparency, and automation in industries.
• Coinbase executive says FBI doxxed their crypto wallets, raising concerns about privacy and security in ongoing investigations involving digital assets.
• Shiba Inu’s Shibarium shows renewed activity in DeFi, signaling increased usage and potential growth for the Layer-2 network as it gains traction.
• Ripple launches a crypto custody service for banks and fintechs, offering secure storage solutions to facilitate institutional adoption of digital assets.
• BitMEX introduces automated trading bots to simplify crypto trading for users, allowing effortless execution of trades without manual intervention.
• Mt. Gox extends its repayment deadline, sparking market optimism as creditors await long-anticipated distributions from the defunct exchange.
• Bitcoin miner Iris Energy faces a lawsuit over alleged breaches of mining contracts, casting uncertainty over its datacenter capacity.
• U.S. CPI data comes in hotter than expected, causing Bitcoin to slip below $60,000 as inflation concerns impact market sentiment.
• Ronin Network adopts Chainlink’s cross-chain protocol to enhance security on its Ethereum bridge, further solidifying its decentralized ecosystem.
• Uniswap is developing UniChain, its own Ethereum Layer-2 solution, aimed at improving scalability and reducing transaction costs for its users.
• Ripple files a cross-appeal in the SEC lawsuit, continuing the legal battle to seek more favorable rulings as the case develops.
• The SEC sues trading firm Cumberland for allegedly trading unregistered securities tied to Solana and Polygon, intensifying its crackdown on crypto firms.
• Cardano’s price eyes further decline amid bearish market conditions, raising concerns among investors about short-term performance.
• The SEC accuses a trading firm of deceiving investors by falsely claiming to use AI in its strategies, leading to a legal dispute over fraudulent practices.
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