👁👁 Crypto. com sues a woman in Australia after accidentally refunding her $10 million instead of a $100.
Thevamanogari Manivel did not report the mishap and went on to spend the money: $1.35 million on a luxury 5-bedroom house, the rest had been moved to other accounts. The company realized that it was short of $10 million just in seven months. Crypto. com has now taken legal action against Ms Gangadory in the Supreme Court.
https://cryptodaily.co.uk/2022/08/crypto-com-mistakenly-sends-10-million-to-woman-who-spends-it
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Thevamanogari Manivel did not report the mishap and went on to spend the money: $1.35 million on a luxury 5-bedroom house, the rest had been moved to other accounts. The company realized that it was short of $10 million just in seven months. Crypto. com has now taken legal action against Ms Gangadory in the Supreme Court.
https://cryptodaily.co.uk/2022/08/crypto-com-mistakenly-sends-10-million-to-woman-who-spends-it
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cryptodaily.co.uk
High profile platform crypto.com accidentally paid more than $10 million into Australian woman’s account and didn’t realise the…
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Coins ( ₿ )
▪️ Thailand’s oldest bank SCB is abandoning its $500 million deal to acquire crypto exchange Bitkub. https://www.theblock.co/post/165686/thailands-scb-abandons-500-million-deal-to-buy-crypto-exchange-bitkub?utm_source=telegram1&utm_medium=social 📍 Follow…
😧 An executive of Thai cryptocurrency exchange group Bitkub has been fined for insider trading related to a failed acquisition by the country's oldest bank.
https://asia.nikkei.com/Spotlight/Cryptocurrencies/Thai-regulators-fine-Bitkub-executive-for-insider-trading
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https://asia.nikkei.com/Spotlight/Cryptocurrencies/Thai-regulators-fine-Bitkub-executive-for-insider-trading
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Nikkei Asia
Thai regulators fine Bitkub executive for insider trading
Samret Wajanasathian charged for trades linked to crypto platform's failed sale
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✔️ Top 5 Ways to Earn OP on Optimism
https://newsletter.banklesshq.com/p/optimism-token-collective-bridge-airdrop
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https://newsletter.banklesshq.com/p/optimism-token-collective-bridge-airdrop
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Bankless
Top 5 Ways to Earn OP on Optimism on Bankless
The best opportunities to maximize your Optimism token stimpak.
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🇯🇵 Japan’s financial regulator proposed easing corporate tax rules for crypto assets as well as lighter levies for individual stock investors.
https://finance.yahoo.com/news/japan-regulator-proposes-tax-breaks-074546455.html?guccounter=1
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https://finance.yahoo.com/news/japan-regulator-proposes-tax-breaks-074546455.html?guccounter=1
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Yahoo
Japan’s Regulator Proposes Tax Breaks for Investors, Crypto
(Bloomberg) -- Japan’s financial regulator proposed easing corporate tax rules for crypto assets as well as lighter levies for individual stock investors in support of Prime Minister Fumio Kishida’s efforts to reinvigorate the economy.Most Read from BloombergJapan…
📌 Compound cETH market bricked by update — 7-day wait on vote to fix it.
https://cointelegraph.com/news/compound-ceth-market-bricked-by-update-7-day-wait-on-vote-to-fix-it
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https://cointelegraph.com/news/compound-ceth-market-bricked-by-update-7-day-wait-on-vote-to-fix-it
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Cointelegraph
Compound cETH market bricked by update — 7-day wait on vote to fix it
Compound Labs has identified a code bug in a recently executed upgrade that has “temporarily frozen” the cETH market.
🔊 Ethereum Mining Pool Ethermine Launches Staking Service Ahead of Merge.
https://decrypt.co/108591/ethereum-mining-pool-ethermine-launches-staking-service-ahead-of-merge
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https://decrypt.co/108591/ethereum-mining-pool-ethermine-launches-staking-service-ahead-of-merge
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Decrypt
Ethereum Mining Pool Ethermine Launches Staking Service Ahead of Merge - Decrypt
Ethermine expands beyond Ethpool with Ethermine Staking, where users will be able to earn rewards on as little as 0.1 ETH.
Coins ( ₿ )
📉 Hodlnaut reports $193 million financial shortfall as it seeks court protection. https://www.theblock.co/post/164756/hodlnaut-financial-shortfall-193-million-crypto?utm_source=telegram1&utm_medium=social 📍 Follow @Coins for the hottest news in crypto
⚖️ Hodlnaut was granted interim judicial management and creditor protection via court order.
https://www.theblock.co/post/166522/hodlnaut-get-creditor-protection-interim-judicial-management?utm_source=telegram1&utm_medium=social
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https://www.theblock.co/post/166522/hodlnaut-get-creditor-protection-interim-judicial-management?utm_source=telegram1&utm_medium=social
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The Block
Hodlnaut get creditor protection, interim judicial management
The approved request for judicial management comes after a month of layoffs and police investigations for Hodlnaut.
🙅🏻♂️ President of Paraguay vetoed a highly anticipated bill that would regulate crypto mining and other commercial activities related to digital assets.
https://www.theblock.co/post/166680/paraguays-president-vetoes-proposed-crypto-industry-regulation?utm_source=telegram1&utm_medium=social
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https://www.theblock.co/post/166680/paraguays-president-vetoes-proposed-crypto-industry-regulation?utm_source=telegram1&utm_medium=social
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The Block
Paraguay’s president vetoes proposed crypto industry regulation
Paraguay's president vetoed a proposed crypto industry bill.
🔲 New crypto startup Sei Labs, founded by Goldman Sachs and Robinhood alums Jeff Feng and Jay Jog, has raised $5 million to launch a new blockchain.
https://www.theblock.co/post/166695/top-market-makers-back-new-blockchain-for-trading-founded-by-goldman-sachs-and-robinhood-alums-bloomberg?utm_source=telegram1&utm_medium=social
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https://www.theblock.co/post/166695/top-market-makers-back-new-blockchain-for-trading-founded-by-goldman-sachs-and-robinhood-alums-bloomberg?utm_source=telegram1&utm_medium=social
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The Block
Top market makers back new blockchain for trading founded by Goldman Sachs and Robinhood alums: Bloomberg
Multicoin Capital and top market makers invest in a $5 million seed round for Sei Labs, a startup building a new blockchain focused on trading.
🔻 U.S. Congressional Committee Probes Coinbase, FTX, Binance on Fraud Prevention.
https://decrypt.co/108604/u-s-congressional-committee-probes-coinbase-ftx-binance-on-fraud-prevention
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https://decrypt.co/108604/u-s-congressional-committee-probes-coinbase-ftx-binance-on-fraud-prevention
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Decrypt
U.S. Congressional Committee Probes Coinbase, FTX, Binance on Fraud Prevention - Decrypt
In letters sent to Coinbase, FTX, Binance, and others, one U.S. House Committee calls them out for “lack of action” in protecting investors.
◾️ Crypto-fueled wireless network Helium is considering a move from its own custom blockchain to Solana.
https://decrypt.co/108616/helium-migration-solana-wireless-crypto-network
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https://decrypt.co/108616/helium-migration-solana-wireless-crypto-network
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Decrypt
Helium Developers Mull Migration of Crypto Wireless Network to Solana - Decrypt
If the proposal passes, Helium will move from its own chain to Solana, which should bring more speed, stability, and scalability.
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🔔 OpenSea announced the integration of the layer two scaling solution Polygon into its Seaport protocol implementation.
https://decrypt.co/108621/opensea-adds-polygon-support-to-expand-features-accept-matic
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https://decrypt.co/108621/opensea-adds-polygon-support-to-expand-features-accept-matic
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Decrypt
OpenSea Adds Polygon Support to Expand Features, Accept MATIC - Decrypt
The top NFT marketplace expands its Seaport implementation to support Polygon and a host of new features from the popular sidechain.
🔜 El Salvador’s Bitcoin bond will be further delayed, until later this year.
https://fortune.com/2022/08/30/el-salvadors-bitcoin-bond-delayed-again/
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https://fortune.com/2022/08/30/el-salvadors-bitcoin-bond-delayed-again/
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🔸 Binance Futures will launch USDⓈ-M Binance Football Fan Token Index perpetual contracts with up to 25x leverage on 2022-09-01 at 03:00 (UTC).
https://www.binance.com/en/support/announcement/645a4b2808bd497dbb28d433a3134a89
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https://www.binance.com/en/support/announcement/645a4b2808bd497dbb28d433a3134a89
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Binance
Binance Futures Will Launch USDⓈ-M Binance Football Fan Token Index Perpetual Contracts with Up to 25X Leverage | Binance Support
This is a general announcement. Products and services referred to here may not be available in your region. Fellow Binancians, Binance Futures will launch USDⓈ-M Binance Football Fan Token Index pe...
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🤝 Event ticketing behemoth Ticketmaster will adopt the Flow blockchain from Dapper Labs for minting tickets as NFTs for select events.
https://decrypt.co/108627/ticketmaster-chooses-dapper-labs-flow-blockchain-for-nft-tickets
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https://decrypt.co/108627/ticketmaster-chooses-dapper-labs-flow-blockchain-for-nft-tickets
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Decrypt
Ticketmaster Chooses Dapper Labs' Flow Blockchain for NFT Tickets - Decrypt
In a pilot program, five million Ticketmaster NFTs were minted on Dapper Labs' Flow blockchain in six months.
▪️ Huobi Global is Now a pNetwork Node Operator
https://medium.com/pnetwork/houbi-global-becomes-a-pnetwork-node-operator-fd4c944d35ac
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https://medium.com/pnetwork/houbi-global-becomes-a-pnetwork-node-operator-fd4c944d35ac
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Medium
Huobi Global Becomes a pNetwork Node Operator!
As one of the top crypto exchanges, the pNetwork community is thrilled to welcome Huobi Global as one of its node operators!
🏛 Input Output Global Collaborates With Stanford University
https://iohk.io/en/blog/posts/2022/08/30/input-output-global-s-4-5m-blockchain-research-hub-at-stanford-university/
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https://iohk.io/en/blog/posts/2022/08/30/input-output-global-s-4-5m-blockchain-research-hub-at-stanford-university/
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IOHK
Input Output Global’s $4.5m blockchain research hub at Stanford University - IOHK Blog
Input Output Global is proud to announce its partnership with the prestigious Stanford University to fund blockchain research
💰 Hardware wallet Trezor enables direct crypto purchases with MoonPay
https://cointelegraph.com/news/hardware-wallet-trezor-enables-direct-crypto-purchases-with-moonpay
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https://cointelegraph.com/news/hardware-wallet-trezor-enables-direct-crypto-purchases-with-moonpay
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Cointelegraph
Hardware wallet Trezor enables direct crypto purchases with MoonPay
Hardware wallet provider Trezor is moving to enable direct crypto purchases with a new partnership with the crypto fintech startup MoonPay.
⚽️ Crypto. com Ditches $495 Million Sponsorship Deal With Champions League Soccer.
https://decrypt.co/108689/crypto-com-ditches-495-million-sponsorship-deal-with-champions-league-soccer-report
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https://decrypt.co/108689/crypto-com-ditches-495-million-sponsorship-deal-with-champions-league-soccer-report
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Decrypt
Crypto.com Ditches $495 Million Sponsorship Deal With Champions League Soccer: Report - Decrypt
Crypto.com was reportedly in talks to sponsor the EUFA league earlier this summer for roughly $99 million a season in a five-season deal.
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⚖️ The District of Columbia’s attorney general has announced a tax fraud suit against MicroStrategy and former CEO Michael Saylor.
https://www.theblock.co/post/166848/d-c-alleges-saylor-microstrategy-evaded-over-25-million-in-taxes?utm_source=telegram1&utm_medium=social
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https://www.theblock.co/post/166848/d-c-alleges-saylor-microstrategy-evaded-over-25-million-in-taxes?utm_source=telegram1&utm_medium=social
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The Block
D.C. alleges Saylor, MicroStrategy evaded over $25 million in taxes
Saylor is a noted Bitcoin bull, with MicroStrategy holding one of the largest Bitcoin balances among any publicly traded company.