CRYPTO ASSETS

Last week, all decentralized tokens of the Shiba Inu ecosystem saw significant price surges following major announcements from its pseudonymous lead developer Shytoshi Kusama.

The technical issues and other problems MultiChain experienced over the past weeks compelled Binance to end its support to some tokens bridged on the platform.

Last week's surge in the price of the world's largest crypto asset by market capitalization was propelled by the bullish remarks of BlackRock CEO Larry Fink when he described Bitcoin as "digital gold" in an interview.

"if you can demonstrate that the spot market has similar efficacy to the futures market, it would be hard to resist approving a #bitcoin ETF," the former SEC chairman said.

Shin and seven others are charged with fraud, breach of duty, embezzlement, and violation of the country's Capital Markets Act while Kown is currently in prison in Montenegro for illegal possession of fake travel documents.

"This is yet another publicity stunt from Cameron Winklevoss to deflect blame and responsibility from himself and Gemini, which operated the Gemini Earn program," DCG said in a statement.

Last week, Multichain asked users to "suspend the use of Multichain services and revoke all contract approvals related to Multichain."

Kennedy Jr.'s comment about Bitcoin has become less and less frequent following the Miami conference but occasionally mentioned his support for the maiden crypto during the one-on-one interview on Twitter Spaces with tech billionaire Elon Musk in June.

With Kwon locked up in Montenegro, authorities are now looking into the possibility that the TFL CEO has outside help in moving funds.

According to the pseudonymous lead developer, the launch is a reminder that "we (the Shiba Inu) are not just Shib token now, we are ShibEcosystem."

The bad actors siphoned $30.9 million in WBTC, $13.6 million in wETH, and $57 million in USDC from Fantom bridge.

The FTX CEO eventually bailed on the deal, which "frustrated and disappointed," Swift's camp, a new report revealed.

"We look forward to recovering as much of the stolen bitcoin as we possibly can and redistributing that to holders of the tokens that were issued in response to the hack in 2016," Bitfinex CTO Paolo Ardoino said.

BlackRock's interest in Bitcoin is a bullish move but many are still wondering about the timing of the filing and what could be the reason for this revived interest in providing services related to the world's largest crypto asset by market capitalization.

Earlier this week, a story about two Canadian teenagers stealing over $4 million in Bitcoin and Ether from an American was picked up by many crypto outlets. But the story was not true, according to the Hamilton Police.

Amid crumbling trust for Binance, the crypto exchange is in search of a policy officer that will specialize in European Union regulations. The crypto exchange behemoth has been in hot waters in recent months over regulatory concerns among bloc members.

With "the endorsement and trust of juggernauts like CBOE and BlackRock, there may be increased pressure for the SEC to rethink their claims due to the ripple effect it can have on these filings," Blockstation CEO Jai Waterman told IBT.

In a strongly-worded open letter, Winklevoss alleged that Silbert is intentionally delaying resolution by abusing the mediation process, which according to Gemini, "has given DCG an indefinite forbearance on the $630 million it owes Genesis — for free."

Even after his arrest in Montenegro, Kwon, or "someone working under his direction" withdrew $29 million in Bitcoin and "cashed it out somewhere else," South Korean authorities said.

Crypto enthusiasts believe that having a local stablecoin would help with de-dollarization.

Delio's CEO and the management staff are reportedly barred from leaving the country pending an investigation.

While the Federal Reserve did not offer the specific date for the service's official launch, it announced that 41 banks and 15 service providers have successfully completed the testing and will be ready to offer the service as soon as it goes live.

Bieber spent a lot more than the real worth of the BAYC NFT since he purchased it at 500 ETH despite that its estimated value at the time was just $208,237.

The recent Twitter exchange revived Musk's proposal to McDonald's that started in January last year.

In an open letter, Cameron Winklevoss gave DCG CEO Barry Silbert an ultimatum to either accept the offer or get sued.

South Korea has passed its first cryptocurrency bill that will advance the country's bid to protect investors in digital assets. Lawmakers have been discussing crypto-related protections in recent years, including an expansion of a voice phishing regulation that will include crypto schemes.

Bitcoin saw a 1.4% gain Monday, with bulls reclaiming the $31,000 resistance level and trading at $31,153. This reflects a 54.4% growth of the crypto asset over the past 30 days with a cumulative yearly gain of 63.5%.

Buterin shared his ETH staking strategy and suggested that he has done it since he has a complicated level of safety.

In a three-step video detailing how he would refund CryptoZoo investors, Paul mentioned that along with his manager, they would burn their $ZOO (the governance token of the Zoo universe) so that neither could profit from those tokens, but it didn't happen.