August 26, 2022

India’s ED Searches the Residences of CoinSwitch Kuber’s CEO and Directors 

India’s Directorate of Enforcement (ED) on Thursday conducted searches at the offices and residences of CoinSwitch Kuber as well as its CEO and directors. The financial crime investigating agency is reportedly investigating a possible violation of the Foreign Exchange Maintenance Act (FEMA). The searches were carried out after the ED officials found that the top...
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Zipmex Requests Meeting With Thai Regulators Ahead of Fundraise

In an attempt to stay afloat, Zipmex has asked for meetings with the Securities Exchange Commission in Thailand as well as other government agencies as it works on a recovery plan. The firm intends to introduce its investors to the watchdogs. In a statement, Zipmex said, “We have requested meetings with Thailand’s Securities and Exchange Commission...
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Meta Hero Project Brings New, Customizable NFTs and Real-World Applications to the Aftermath Islands Metaverse

As the first program to launch under the all-new Creator Meta Labs label, Meta Hero Project brings advanced NFT customization, unique capabilities, and digital identity features to users in Aftermath Islands’ virtual worlds Innovation, limited-edition NFTs, immersive content, high entertainment value, and realistic play-to-earn capabilities are some of the most important drivers of user engagement...
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Tornado Cash Dev Previoulsy Employed by Company With Links to Russia’s FSB: Report

Tornado Cash was added to the US sanctions list by the Office of Foreign Asset Control (OFAC) on August 8. Two days later, Alexey Pertsev, a coder tied to the crypto mixing service, was arrested by Dutch authorities. The blacklisting and the subsequent events sparked an outcry from privacy proponents, with many protesting and engaging...
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Performance Vitals: a unified scoring system to guide performance health and prioritization

Tl;dr: The following post details how we measure client performance across products and cross-functional teams at Coinbase. By Leonardo Zizzamia, Senior Staff Software Engineer A lot has changed since 2018 when the Coinbase web team consisted of only a few engineers. Back then, while working on making our product faster with a small group across...
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Israel Crypto Conference Returns for September Developer Day and Main December Event

[PRESS RELEASE – Tel Aviv, Israel, 25th August 2022] Israel Crypto Conference (ICC), the largest event of its kind, is returning with twin conferences in 2022. Following the success of the December 2021 and May 2022 conferences, ICC will be back in Tel Aviv for a web3 developers conference in September followed by the main...
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FTX Ventures Will Not Merge With Alameda Research, SBF Says

The CEO of the cryptocurrency exchange FTX – Sam Bankman-Fried – said the venture capital arm of his company (FTX Ventures) will not merge with the principal trading firm Alameda Research. This comes as the latter’s Co-CEO resigned earlier this week. Bloomberg reported recently that FTX Ventures will absorb the operations of Alameda Research, both...
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Earn Crypto Playing Games In 2022 – Wizardia NFT Game

Want to earn crypto playing games? We’ll introduce you to the best crypto game in 2022, Wizardia, which allows players to earn crypto while playing games, But before we get into the details of this game, let’s understand what crypto games are and how to identify a future-proof game to invest in. What are Crypto...
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Animoca Tightens The Reigns in Japan With $45M Web 3-Focused Funding

Animoca Brands’ Japanese subsidiary, also known as – Animoca Brands KK – has raised $45 million. Its parent company, Animoca Brands Corporation Limited, and MUFG Bank, Ltd. (MUFG) led the investment. The blockchain gaming powerhouse is strengthening its presence in one of the leading economies in Asia – Japan. According to the official blog post,...
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Protecting Bitcoin’s Censorship Resistance

This article is part of our new series of crypto research content, produced by Bitcoin Magazine’s team and sponsored by BitMEX. To learn more about our wide-ranging partnership with Bitcoin Magazine, click here. Advancing Stratum V2 In Bitcoin Magazine’s previous piece, The Ethereum Merge: Risks, Flaws and The Pitfalls Of Centralization, they highlighted the centralization...
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SEC Delayes Decision on VanEck’s Latest Bitcoin ETF Application

Global investment manager VanEck has once again been made to wait longer for the U.S. Securities and Exchange Commission (SEC) to decide on the company’s latest Bitcoin exchange-traded product (ETF) application. The watchdog refuses to approve a spot Bitcoin ETF in the country, while it has granted a few futures-based ones. The SEC announced in...
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Coinbase Launches Crypto Policy Education Initiative Ahead of Upcoming Elections

On August 25, Coinbase, America’s leading cryptocurrency exchange, announced the launch of a crypto policy education initiative in the U.S. that will include a voter registration portal based on candidates’ positions on cryptocurrencies. According to Coinbase, the educational initiative will let users freely express themselves on the various political and regulatory issues in the U.S....
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Thailand’s SCBX Abandons Plans to Acquire Crypto Platfrom Bitkub

SCBX Pcl – formerly known as Siam Commercial Bank – withdrew its intentions to purchase a 51% stake in the crypto asset firm Bitkub for $500 million. The financial institution said the exchange needs to solve its regulatory issues before going back to the table. Despite being close to shaking hands with Bitkub, the organization...
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