Crime
Scams
Canadian Crypto King’s assets confiscated as investors try to recoup millions entrusted to him
Aiden Pleterski and his cryptocurrency company AP Private Equity Limited allegedly cheated $35 million out of 140 investors while living in luxury.
Scams
The Better Business Bureau warned about crypto investment scams on TikTok
The Better Business Bureau published a blog post that shows how crypto scams are carried out on TikTok and how to deal with them.
Adoption
Australian senator releases draft bill to push for crypto regulation
Australian liberal senator Andrew Bragg introduced a draft bill for regulations on digital asset exchanges and Chinese banks provisioning digital e-Yuan.
Adoption
Valkyrie raises $73.6M for crypto-focused trusts
Valkyrie's Tron Trust and Avalanche Trust adds new capital on top of the firm's $1.2 billion in Assets Under Management at the close of the second quarter.
Banking
Old Mutual Wealth appointed to manage cash reserves of rand-backed stablecoin ZARP
ZARP, the only bank-approved stablecoin in South Africa, is enlisting Old Mutual's help to enhance its project's trust and attest to its token's credibility.
Crime
Dutch police arrest suspected Bitcoin thief by tracing transactions on blockchain
Dutch authorities' investigations revealed that the alleged thief laundered Bitcoin with the use of malicious software from the open-source Electrum wallet.
Adoption
Ethereum Proof-of-Work fork set to launch 24 hours post-Merge
The ETHW team announced the PoW mainnet will start at the block height of the Merge "plus 2048 blocks" to ensure the chainID switches successfully.
Adoption
Fireblocks records over $100M in annual recurring revenue, solidifies unicorn status
Fireblocks justifies its new unicorn status with its growing multi-party computation and treasury mangement services.
CBDCs
India’s central bank plans CBDC launch in 2022 with help from fintechs, public banks
The Reserve Bank of India (RBI) is currently consulting fintech companies and asked four public sector banks to pilot India's CBDC project later this year.
Merge
Bellatrix upgrade goes live, sets stage for Ethereum’s Merge
The Bellatrix hard fork has just been activated on the Beacon chain and now only the Paris event remains before Ethereum's switch to proof-of-stake.
CBDCs
World Economic Forum weighs in on CBDC adoption and DLT use cases
WEF aims to inform and help central banks realize the potential of CBDCs and DLT as interest in the technologies gain traction.
NFTs
Hackers’ plan to sell stolen passport of Belarusian leader as NFT on OpenSea fails
Hacktivist group Belarusian Cyber Partisans listed NFTs of Belarusian President Lukashenko passport information for sale on OpenSea only for the collection to be promptly delisted.