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Showing posts from October, 2023

LastPass Data Breach

LastPass Data Breach Results in $4.4M in Crypto Stolen From 80 Wallets :  A data breach impacting password storage provider LastPass in 2022 reportedly resulted in the theft of $4.4 million in cryptocurrencies from at least 25 users across 80 wallets.

Crypto Exchange Kraken

Crypto Exchange Kraken To Start Sharing Data of Some Users With IRS:  Kraken, a cryptocurrency exchange, has announced that it has complied with a court order requiring it to submit data on tens of thousands of its users with the Internal Revenue Service (IRS).

GBTC Outperforms Nvidia

GBTC Outperforms Nvidia Since Start of 2023, Gaining 220%:  Grayscale Bitcoin Trust (GBTC) investors who purchased shares in early January have enjoyed significant returns, with GBTC shares increasing 220% to $26.79 this year.

Solana Labs Launches Solana

Solana Labs Launches Solana Incubator Program:  Solana Labs has launched the "Solana Incubator," a new incubator programme aimed at supporting the development of companies on the Solana (SOL) blockchain.

Yuga Labs Wins $1.5M in Landmark Legal Victory

Yuga Labs Wins $1.5M in Landmark Legal Victory Against Copycat Bored Ape NFTs :  In a trademark infringement case against Ryder Ripps and Jeremy Cahen, a U.S. District Judge in California decided in favor of Yuga Labs.

FTX Estate Sends Funds to Binance

  FTX Estate Sends Funds to Binance, Potentially Preparing for Creditors Repayment:  Collapsed crypto exchange FTX has initiated the transfer of $8.6 million worth of Ethereum (ETH), Chainlink (LINK), Aave (AAVE), and Maker (MKR) tokens to Binance.

BlackRock Settles SEC Charges as Crypto.

BlackRock Settles SEC Charges as Crypto Community Awaits Bitcoin ETF Decision :  The Securities and Exchange Commission (SEC) of the United States has reached an agreement with BlackRock.

Bitcoin Mining Stocks Have

Bitcoin Mining Stocks Have Outperformed BTC Year-to-Date:   The year-to-date returns of most mining stocks, with the exception of Argo Blockchain and TeraWulf, have surpassed Bitcoin (BTC)'s gain of 101% so far this year

Sam Bankman-Fried Trial Nears Conclusion

Sam Bankman-Fried Trial Nears Conclusion as Prosecution Prepares to Rest Their Case:  The trial of FTX founder Sam Bankman-Fried is nearing its conclusion, with the prosecution expecting to end their case on October 26 after presenting over 20 testimony.

Finland Working on Instant Payments Solution

  Finland Working on Instant Payments Solution: Using Digital Euro: The Bank of Finland (BOF) has taken the lead in coordinating the development of a Finnish instant payment solution that aligns with European standards.

Yuga Labs Completes Restructuring Amid NFT

  Yuga Labs Completes Restructuring Amid NFT Sector Challenges:   Yuga Labs, the firm behind the well-known Bored Ape Yacht Club (BAYC) non-fungible token (NFT) project, has finished its restructuring efforts in response to challenges in the NFT space.

German Regulator Issues Warning About MEXC's Crypto

German Regulator Issues Warning About MEXC's Crypto Custody Services :  BaFin reminds consumers to be cautious when choosing crypto custody services.

Galaxy Digital’s Mike Novogratz Believes SEC

Galaxy Digital’s Mike Novogratz Believes SEC Will Approve Bitcoin Spot ETF in 2023 :  Galaxy Digital CEO Mike Novogratz has expressed confidence that the US Securities and Exchange Commission (SEC) will approve a spot Bitcoin exchange-traded fund (ETF) this year.

Fantom Foundation Wallet Hacked

Fantom Foundation Wallet Hacked For Over $550K:  The Fantom Foundation, the developer of the Fantom network, has been hacked, resulting in the theft of nearly $550,000 in cryptocurrencies.

FTX Unveils Revised Plan to Return 90%

  FTX Unveils Revised Plan to Return 90% of Creditor Holdings:  Bankrupt cryptocurrency exchange FTX has announced a new plan that aims to refund more than 90% of creditor holdings held at the exchange prior to its November 2022 collapse.

Latin America Prefers Centralized Exchanges

  Latin America Prefers Centralized Exchanges (CEXs) in Crypto Usage, Report Finds :  According to a recent analysis from blockchain analytics firm Chainalysis, Latin America prefers centralized exchanges (CEXs) over decentralized exchanges (DEXs).

Glassnode: Bitcoin Whales

  Glassnode: Bitcoin Whales Are Accumulating, Ethereum Whales Selling:  Glassnode data shows a striking difference in the behavior of major Bitcoin and Ethereum holdings, indicating divergent views among crypto whales.

China Opens Industrial Park in Shenzhen

  China Opens Industrial Park in Shenzhen to Boost Digital Yuan Ecosystem: China has inaugurated its first industrial park dedicated to the development of the digital yuan, commonly known as the e-CNY, in Shenzhen's Luohu area.

Elliptic Suggests $477M FTX

  Elliptic Suggests $477M FTX Hack in 2022 Is Linked to Russian Group:   Elliptic, a blockchain analytics and surveillance firm, has proposed that the mysterious hacker behind the $477 million FTX exchange hack in November last year.

Mastercard Completes Trial

  Mastercard Completes Trial To Wrap CBDCs on Multiple Blockchains:  Mastercard has completed a successful experiment with the Reserve Bank of Australia (RBA) and the country's Digital Finance Cooperative Research Centre CBDC

JPMorgan's Onyx Completes Successful

  JPMorgan's Onyx Completes Successful Cross-Border Payments Pilot with First Abu Dhabi Bank:  Onyx Coin Systems.  JPMorgan's blockchain-based payment system, has reached another milestone in the Middle East with the completion of a successful pilot project.

Ethereum Foundation Sells

  Ethereum Foundation Sells Portion of ETH Holdings,  Impacting Market:  Ethereum Foundation's crypto swap on Uniswap causes brief market fluctuation.

CryptoNews of the Day

  CryptoNews of the Day  Avalanche Social Protocol Stars Arena Drained of Nearly $3M: Social protocol Stars Arena suffered a "major security breach" through which hackers stole 266,103 Avalanche (AVAX) worth $2.85 million.

Utility Token

  Babynot (BBN)   Is a Utility Token project with a mission to provide innovative solutions to everyday challenges. This white paper outlines the project's problem-solving approach, the importance of blockchain, the team behind BBN, our marketing strategy, token distribution, and our vision for global recognition.
 A recent study by the University of Chicago found that only 12% of the US population has adopted Bitcoin technology and that more Democrats use cryptocurrencies than Republicans.

BBN is here.

  BBN or Baynot is here Just arrived the new cryptocurrency BBN, we are on pancakeswap and uniswap ready to buy and swap it. We are on Telegram as @babynotbbn and on X (Twitter) as @BBNcryto,  We are on internet too as https://www.babynot.org so come and check it out.