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TON Blockchain Sees Surge in Active Addresses and USDT Trading Volume

With its active addresses lately surpassing industry-leading blockchains, the Open Network (TON) protocol has continued to achieve amazing growth. In the first week of September, the number of daily active TON addresses soared to 3 million, according to statistics from the industry research portal IntoTheBlock. The research showed that this

September 22, 2024 2 mins read

IMF Releases Guidelines for Boosting CBDC Adoption with REDI Framework

Policymakers and financial institutions may find guidance on how to boost the use of central bank digital currencies (CBDCs) in a new guide issued by the International Monetary Fund (IMF). September 21 saw the release of a report titled “Central Bank Digital Currency Adoption Inclusive Strategies for Intermediaries and Users”

September 22, 2024 2 mins read

Circle Eyes IPO Launch in 2025 with Plans to Relocate Headquarters

In 2025, Circle, an issuer of stablecoins, intends to relocate its headquarters to Wall Street, as stated by CEO and founder Jeremy Allaire. The company is also proceeding with its initial public offering (IPO). In January, Circle submitted an initial public offering (IPO) application to the US Securities and Exchange

September 21, 2024 1 min read

El Salvador  President Engages with Elon Musk on AI and Technology

El Salvador has firmly established itself within the cryptocurrency community, notably becoming the first country to adopt Bitcoin as legal tender. The nation has surpassed 5,800 Bitcoin in daily Bitcoin accumulation, reportedly generating over $31 million in profit. This pioneering approach reflects the country’s commitment to integrating cryptocurrency into its

September 21, 2024 2 mins read

How Did Shezmu Recover $5M After a Major Crypto Vault Hack?

The crypto market continues to face multiple hacking incidents, with the latest targeting Shezmu, a leveraged yield protocol. On September 21, Chaofan Shou, co-founder of blockchain analytics firm Fuzzland, raised alarms regarding a compromised storage vault belonging to Shezmu, leading to the theft of approximately $4.9 million in cryptocurrencies. The

September 21, 2024 2 mins read

BingX Restores Withdrawals for Major Stolen Assets

BingX, a prominent Singapore-based cryptocurrency exchange, has resumed withdrawal services for digital assets following a hack that resulted in $52 million in losses. Reportedly, the estimated initial loss of the security breach was $43 million. In an official X post on September 20, Chief Product Officer of BingX, Vivien Lin,

September 21, 2024 1 min read
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