X Aims to Position Itself as an All-Round Financial Platform
X (formerly Twitter), owned by Elon Musk, intends to position itself as a central financial center, encouraging individuals to use it as their primary financial solution rather than traditional bank accounts. During the inaugural all-hands meeting on October 26, Elon Musk reportedly outlined his vision for transforming the platform into a financial nexus and a […]
Trezor Crypto wallet Launches Investigation Into Phishing Campaign
Trezor, a provider of cryptocurrency hardware wallets, is investigating a recent phishing campaign after users reported receiving fraudulent emails. ZachXBT, an anonymous blockchain investigator, posted a warning on his Telegram channel on October 26 regarding a fraud attack targeting Trezor customers. ZachXBT referred to an X (previously Twitter) post from the account JHDN, which claimed […]
Marathon Digital to Raise $750 Million for Bitcoin Mining Expansion
Marathon Digital has announced plans to raise $750 million through a hybrid equity offering. The company will use the proceeds to invest in new mining equipment and increase its operational capacity. The Bitcoin mining company has filed a registration statement with the U.S. Securities and Exchange Commission (SEC) for a hybrid equity offering. The company […]
Fireblocks Assists UniPass Wallet Tackle Account Abstraction Vulnerability
Fireblocks, a company specializing in cryptocurrency infrastructure, has identified and assisted UniPass Wallet in addressing an ERC-4337 account abstraction vulnerability issue. An October 26 announcement revealed an ERC-4337 account abstraction vulnerability in the UniPass smart contract wallet. The vulnerability was reportedly discovered in hundreds of mainnet wallets during a white-hat hacking operation. The two companies […]
Turkey to Finalize Crypto Regulatory Framework in 2024
The Presidential Annual Program for 2024, published in Turkey’s Official Gazette on October 25th, aims to finalize the country’s crypto regulatory framework within the following year. Article 400.5 of the nearly 500-page document details the intended studies to define crypto assets, which may be taxed appropriately in the future. The purveyors of crypto assets, i.e., […]