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Blockchain intelligence platform TRM Labs has recently published a report shedding light on the increasing adoption of cryptocurrency by the affiliates of the Islamic State of Iraq and Syria (ISIS) in various parts of Asia. The report reveals significant on-chain connections between these groups and pro-ISIS fundraising campaigns in Syria, indicating a concerning trend in

A disputed proposal from Parrot Protocol, a Solana-based liquidity network, has ignited heated debates among its community members. The proposal, which will be voted on until July 27, describes the redemption of PRT tokens at a fixed rate of $0.0045 per token, converting them into liquid treasury value. Moreover, the plan entails a transition to

Payment protocol Ripple has made a significant move by applying for registration as a crypto asset firm with the Financial Conduct Authority (FCA) in the United Kingdom. The company has also expressed its interest in obtaining a payments license in Ireland, indicating its substantial investment in the region. This registration submission comes on the heels

Conic Finance, a prominent decentralized finance (DeFi) protocol known for its liquidity pool balancing service on the Ethereum network, fell victim to a sophisticated exploit, resulting in the loss of approximately $3.2 million worth of Ethereum. The incident was brought to light by Beosin Alert, a Web3 risk-alert source, on July 21. An alarming discovery

McDonald’s Hong Kong has taken a bold step into the world of Web3 by partnering with the Sandbox to create an immersive metaverse experience called McNuggets Land. This virtual world is dedicated to commemorating the 40th anniversary of their iconic product, Chicken McNuggets. Through this innovative platform, users are invited to explore a virtual store,

Symbiosis, a decentralized finance liquidity protocol, has taken a huge step forward by adding support for Linea, a zkEVM-based scalable solution developed by Consensys, in response to the increasing demand for zero-knowledge (ZK) proof-based layer-2 scalable solutions. Symbiosis’ co-founder expressed confidence that this ZK roll-up-based approach has the potential to address the scalability issues raised

Kuwait’s Capital Markets Authority (CMA) has taken a significant step, imposing an “absolute prohibition” on practically all crypto-related activity within the country, echoing the rising global regulatory position on cryptocurrency. Kuwait has officially joined the ranks of nations that have prohibited cryptocurrency transactions such as Bitcoin. On July 18, the CMA, Kuwait’s principal financial regulator,

In the ever-evolving landscape of Bitcoin mining, all-time high hash rates and mining difficulty signal a strong bullish sentiment among miners towards Bitcoin. However, recent sell-offs of significant volumes of BTC have raised questions, leading experts to suggest that miners might be hedging their positions. According to a comprehensive market report released by Bitfinex, a

In a remarkable turn of events, a dormant wallet address containing pre-mined Ethereum, once valued at approximately $20 million during the early days, has reawakened after eight years, now holding a staggering worth of over $116 million. The genesis of this Ethereum accumulation can be traced back to June 2014 when the network conducted a

Increased inflows into crypto investment funds are being driven primarily by Bitcoin, which accounted for 99% of all inflows. Meanwhile, Ethereum experienced outflows amounting to $2 million, maintaining its status as the asset with the highest outflows so far this year. For the fourth consecutive week, digital asset inflows saw positive movement, reaching $137 million.