On Saturday (September 28), financial website TheStreet reported that as the crypto industry prepares for the 2024 election, there is a growing view that former President Donald Trump’s victory could be good for Bitcoin and the broader digital asset sector.
AlexMark Zuckerberg's venture into the metaverse faced challenges, but it's now paying off. Meta's value has soared to over $1.4 trillion, his net worth has surged to $201 billion, making him the fourth richest person. Could the expansion into the metaverse and AI be driving this success?
CatherineFormer Binance CEO CZ's first tweet after his prison release sparked attention, briefly mentioning future plans and enjoying freedom. BNB surged to a monthly high but quickly reversed, declining along with the broader crypto market.
KikyoA fraudulent app disguised as WalletConnect stole over $70,000 from more than 150 cryptocurrency users by deceiving them into linking their wallets. Released as "Mestox Calculator," the app gained over 10,000 downloads and employed fake reviews to achieve visibility on the Google Play Store, allowing it to evade detection and carry out its scheme.
WeatherlyPolymarket users have reported their wallets being drained after logging in with Google accounts, though those using MetaMask or TrustWallet extensions were unaffected. Polymarket claims the issue is isolated, but affected users remain concerned.
CatherineA well-known financial blogger said that the Biden administration’s informal regulation requiring banks to limit crypto deposits to no more than 15% may lead to a wave of panic runs among customers.
AlexVitalik Buterin has proposed creating metrics to evaluate how closely projects align with Ethereum's core values. He highlighted that achieving "Ethereum alignment" poses a significant social challenge within the ecosystem, but acknowledged that this endeavour will not be easy.
KikyoMicrosoft is relaunching its AI-powered Recall program with enhanced privacy features after initial concerns over user surveillance led to its delay. The new version will allow users to filter out sensitive information, require Windows Hello authentication, and operate on an opt-in basis, ensuring greater control over their data.
AnaisFTX has unexpectedly changed its payout plans, allocating only 10-25% of recovered assets to crypto holders while setting aside $230 million for preferred shareholders. Many creditors are outraged, feeling blindsided by these revisions and frustrated that reimbursements are based on much lower asset prices from the time of bankruptcy.
JoyTether recently teamed up with the US Department of Justice to recover $6 million in crypto assets tied to scams in Southeast Asia, where fraudsters posed as legitimate exchanges to defraud victims.
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