Regulation
Investments
Bakkt shares slide as company explores sale or breakup options
Earlier in the year, Bakkt's management had reported concerns over the company's liquidity.
Hacks
Norwegian authorities help Sky Mavis recover $5.7M from Ronin bridge heist
The firm said it law enforcement agencies have frozen $40 million in total from the 2022 Ronin bridge exploit incident.
AI
AI used for crypto crimes on the rise, Elliptic warns
Elliptic miantains that AI technology is still in its infancy and offers numerous benefits that could help the industry grow.
Crypto
Bitcoin set for new all-time high next week but Ethereum holds it back – 10x Research
10x Research says Bitcoin price can reach new all-time high if it breaks a key technical pattern.
Crypto
Former US prosecutors demand action on Binance exec’s detention in Nigeria
The Nigerian government maintains Gambaryan and Binance would be allowed to themselves in court.
Adoption
Web3 Foundation fuels innovative developer tools with Accelerate Polkadot grant
Accelerate Polkadot said it wants to provide the de facto answers to Polkadot's developers questions.
Crypto
Dora Factory airdrops tokens to over 1 million Cosmos stakers
Dora Factory says Cosmos has potential to become one of the largest on-chain communities that supports public goods with its quadratic funding program.
Bankruptcy
FTX creditor group files objection against bankruptcy reorganization plan
The creditors argued that FTX's cash repayment would force a taxable event that could be avoided by in-kind repayment.
Technology
Major v17 update causes 4-hour Cosmos Hub downtime, ATOM token stable
Cosmos co-founder Ethan Buchman said the upgrade was the biggest within the ecosystem in the past year.
Exchanges
Bybit opens doors to Chinese users despite regulatory hurdles
China has continued to publicly maintain a hostile stand towards crypto trading activities.
Adoption
Vitalik Buterin criticizes celebrity memecoins for lack of real-world value
Buterin agued that most of the current celebrity memecoins lack any meaningful societal impact.
Crypto
Base outpaces Optimism and Arbitrum amid Coinbase’s Smart Wallet debut
The Coinbase-backed Base network has hit a transaction record, nears Optimism in TVL.
