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MEVbots backdoor drains users’ Ethereum funds via arbitrage trading bot

CoinTelegraph

MEV gain, an Ethereum (ETH) arbitrage trading bot built by MEVbots, which claims to provide stress-free passive income, has been actively draining its users’ funds via a fund-stealing backdoor.  Arbitrage bots are programs that automate trading for profits based on Read More

Framework to ban members of Congress and SCOTUS from trading stocks includes crypto provision

CoinTelegraph

Members of the United States House of Representatives and Senate as well as Supreme Court justices currently trading cryptocurrencies may have to stop HODLing while in office should a bill get enough votes. According to a framework released on Thursday, Read More

Web3 technologies could be a game changer for the travel industry

CoinTelegraph

Many companies and industries are incorporating Web3 technologies into their business structures, and the travel industry is no exception. On Wednesday, Flybondi, an Argentinian airline, announced a strategic alliance with TravelX, a blockchain technology company responsible for tokenizing flight tickets. Read More

XRP hits 13-month high versus Bitcoin with 35% daily surge — But is a correction inevitable?

CoinTelegraph

XRP price posted a sharp rally against Bitcoin (BTC) on continued optimism about a potential settlement between Ripple, a San Francisco-based blockchain payment firm, and the U.S. Securities and Exchange Commission (SEC). Settlement rumors fuel XRP price boom  On Sept. 23, Read More

Nifty News: Zilliqa teases Web3 gaming console, Funko teams up with Warner Bros. and more…

CoinTelegraph

Blockchain company Zilliqa is launching a Web3 focused console with a cryptocurrency wallet and mining capabilities, along with featuring gaming titles from the company. On Sept. 23, prototype images were released showing an array of ports including HDMI, Ethernet and Read More

Korean crypto bank partners with Blockdaemon to offer retail staking services

CoinTelegraph

Crypto-focused finance company Delio has partnered with Blockdaemon to launch retail-focused staking services, giving customers a more seamless way to earn rewards on their digital asset holdings. Delio’s staking services expand its existing crypto-bank offerings, which include lending, deposits and Read More

Regulated fintech in Bahrain enables crypto payments with Binance

CoinTelegraph

Cryptocurrency adoption continues growing in the Kingdom of Bahrain, with local companies enabling payments in crypto like Bitcoin (BTC). EazyPay, an online payment platform regulated by the Central Bank of Bahrain (CBB), has partnered with Binance Pay to enable crypto Read More

Tribe DAO votes in favor of repaying victims of $80M Rari hack

CoinTelegraph

After months of uncertainty, the Tribe DAO has passed a vote to repay affected users of the $80 million exploit on decentralized finance (DeFi) platform Rari Capital’s liquidity pools. Following several rounds of voting and governance proposals, Tribe DAO, which Read More

JPMorgan CEO calls crypto ‘decentralized Ponzi schemes’

CoinTelegraph

While testifying before United States (U.S.) lawmakers, JPMorgan Chase CEO Jamie Dimon referred to himself as a “major skeptic” on “crypto tokens that you call currency like Bitcoin,” labeling them as “decentralized Ponzi schemes.” Dimon was asked what keeps him Read More

Iran to begin ‘crypto rial’ CBDC trial despite possible lack of infrastructure: Report

CoinTelegraph

The Central Bank of Iran will make a pilot launch of a central bank digital currency (CBDC) on Sept. 22, the Iranian Chamber of Commerce has announced. The so-called “crypto-rial” has been in the planning stage for several years. The Read More

Societe Generale launches custodial services for crypto fund managers

CoinTelegraph

According to a new press release on Wednesday, Société Générale, one of the largest investment banks in Europe, said that it would be expanding its cryptocurrency asset management services through its Security Services subsidiary. Clients who are digital asset fund Read More

Ethereum co-founder Vitalik Buterin defends DAOs against critics

CoinTelegraph

Ethereum co-founder Vitalik Buterin has come out swinging in defense of Decentralized Autonomous Organizations (DAOs), arguing that in some circumstances they can be more efficient and fairer than a traditional corporate structure. In theory DAOs are collectively owned and managed Read More