Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating stories that fly under the radar of today’s crypto news.
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security news
- blockchain security company Sertic Said Stating that $62.2 million worth of cryptocurrency was stolen in December 2022, this was the lowest monthly figure seen last year. The company reported $15.5m stolen in exit scams and $7.6m stolen in flashloan-based attacks.
gaming news
- square Enixbehind the company last dream video game chain, said that, looking forward, it will explore new business opportunities including blockchain entertainment, VentureBeat Reported, citing an annual letter by President Yosuke Matsuda. Among the new business domains the company is looking to explore, Matsuda said, the company is most focused on blockchain entertainment, “for which we have made aggressive investments and business development efforts.” “Looking outward, I think it is fair to say that blockchain as a sector will gain significant recognition in 2022, asweb 3.0‘ is becoming a firmly established buzzword among businessmen,” he said.
investment news
- hong kongU.S. financial services companies are laying the groundwork for enabling their retail customers to trade virtual assets in the coming months after the Anti-Money Laundering and Counter-Terrorist Financing Act was passed last month. Legislative AssemblyThe South China Morning Post Reported, citing industry players. “We have seen a number of local brokers and fund managers approach us for advice regarding licensing requirements under the new regulatory regime,” said Robert Louis, Head of Digital Assets. Deloitte Hong Kong, He added that the authorities are likely to allow retail investors with large market capitalization and liquidity to trade virtual assets.
- Dogecoin Foundation announced a new fund for dog coin Core Developers, Allocation Doge 5 million to it to support the development of the platform. “This is a new, separate multi-signature wallet, designed to transparently manage [this sum], The DOGE held in this wallet will reward developers of Dogecoin Core for working on all contributions, no matter how large or small,” it said.
exchange news
- Alameda ResearchSister company of now bankrupt crypto trading firm and defunct ftx The crypto exchange reportedly nearly collapsed in 2018 – before FTX launched in 2019. wall street journal Reported Citing former employees, it said that Almeida suffered huge losses from its trading algorithm. Sam Bankman-Fried reportedly managed to save the company by raising money from lenders and investors, promising them a return of up to 20% on their investment.
legal news
- bitcoin (btc) digging hardware firm compass mining Said It won a judgment in US court for $1,474,400 (with post-judgment interest and costs) against the hosting provider Dynamics Mining, The press release states that Compass Mining filed the lawsuit against Dynamics Mining for “failure to provide contractual services in June 2022, in addition to possessing assets of Compass Mining clients without permission.”
DeFi News
- anonymous project tomi Unveiled tominet, described as “a secure and encrypted protocol empowering journalists, activists and ordinary citizens to surf the web free from government and corporate surveillance”. shared a press release with cryptonews.com Said network is governed by a community-led decentralized autonomous organization (dao), while users will be able to download the TomiNet browser with a built-in VPN or create a browser that points to its alternative blockchain DNS service (tDNS), buy a .tomi domain name, and vote on the DAO.
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