Explore the latest updates from hodl.press, a fresh news platform delivering unbiased, ad-free coverage of Bitcoin, blockchain, and the broader crypto world. At Voted.News, we condense hodl.press stories into concise, reader-friendly summaries, ensuring you get clean, reliable insights without the noise.
Story Protocol secures $80M in Series B funding led by @a16z to revolutionize IP management with blockchain. The $140M-funded project to release a public testnet next week, featuring IP registration via NFTs, aims to protect works from unauthorized AI use.
? German Watchdog BaFin seizes 13 unlicensed crypto ATMs in a crackdown on money laundering, confiscating €250,000. Unlicensed operations risk up to 5 years in prison. Regulatory compliance in the crypto sector is crucial. #Crypto #AML #Germany
Tether ($USDT) teams up with Phoenix Group and Green Acorn Investments to launch an AED-pegged stablecoin, fully backed by UAE liquid reserves. This aims to streamline international trade, reduce transaction fees, and hedge against currency volatility.
Montenegrin police arrest FutureNet co-founder Roman Zeman in Podgorica. Zeman, wanted by Poland and South Korea for financial fraud and money laundering, allegedly defrauded 2,000 people of $21M through the $FuturoCoin crypto pyramid scheme. #CryptoCrime
Trader loses $55.4M in $DAI to sophisticated phishing attack via Inferno Drainer exploit. Hacker transferred Maker vault ownership and minted 55M+ DAI tokens before Inferno Drainer’s service discontinuation, highlighting urgent need for enhanced crypto security measures.
Malaysia Crushes 985 Bitcoin Mining Rigs worth $427K to Combat Illegal Activities. Authorities’ steamroller operation underlines commitment to reducing electricity theft, cutting illegal mining cases from 9 in 2022 to 1 in 2024. #Bitcoin #Cryptocurrency #Malaysia
Bitcoin ETFs surged with an $88M inflow on Aug 20, while $ETH ETFs saw a $6.49M outflow. Grayscale Ethereum Trust ETF faced a major $37M outflow. Some $ETH ETFs like $ETHA and $ETHW still attracted capital. #CryptoMarkets
? Crypto Investors Sue Binance and CZ for Alleged Money Laundering ?
Three investors have filed a class-action lawsuit against $BNB and ex-CEO @cz_binance, accusing them of laundering stolen assets and causing financial losses. This case could set a major precedent in the crypto industry.
Mango Markets ($MNGO) nears SEC settlement with a $223,228 fine and delisting proposal. Community votes strongly in favor, with 110.8M votes. Pending SEC response may set a key precedent for DeFi regulatory compliance and governance. #DeFi #CryptoNews
? Base unveils Basenames subdomains on Ethereum! Utilizing ENS for seamless on-chain interactions, auctions start at 100 ETH, dropping to 0 ETH over 3 days. Unlimited subdomains available, requiring wallet connection by Aug 21, 2024. #CryptoNews $ETH
Starknet to hold its first Mainnet vote for $STRK staking from Sept 9-13, 2024. A preliminary test vote will take place Sept 2-4. This initiative aims to enhance network decentralization and functionality. $STRK remains stable at $0.35.
Binance’s $BNB security measures stopped $2.4B in crypto fraud, protecting 1.2M users in 2024. Their eight-layer system, combining AI and manual reviews, also recovered $73M in stolen funds by July. #CryptoSecurity #Binance
Base Network surges to 4M active users amid Onchain Summer campaign, peaking at 858,850 daily addresses on Aug 17, 2024. ENS subdomains enhance digital identity, while a 600 ETH prize pool boosts engagement and developer interest. #crypto #blockchain
? Fabric Cryptography secures $33M in Series A funding to accelerate development of its Verifiable Processing Unit (VPU), aiming for Q4 2024 release. Backed by @BlockchainCapital and @1kxnetwork, the VPU promises enhanced speed and cost-efficiency for cryptographic workloads.
