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Celsius Network's Disclosure Statement Gets Court Approval

Celsius Network LLC, commonly referred to as “Celsius,” has received approval for its Disclosure Statement from the United States Bankruptcy Court for the Southern District of New York. Here are the primary details surrounding this development: 1. Background: Celsius had previously undergone a Court-approved auction process in May 2023. The outcome of this auction was … Continue reading Celsius Network's Disclosure Statement Gets Court Approval

MATIC: Polygon zkEVM Prepares for Dragon Fruit Upgrade

Polygon, a leading framework for building Ethereum-compatible blockchains, has initiated the 10-day timelock for its zkEVM Mainnet Beta upgrade, codenamed Dragon Fruit. Scheduled to go live the week of September 11, 2023, the upgrade aims to bring a host of improvements, including the implementation of the latest Ethereum opcode, PUSH0. The Dragon Fruit Upgrade Polygon … Continue reading MATIC: Polygon zkEVM Prepares for Dragon Fruit Upgrade

OpenAI to Host First Developer Conference, DevDay, on November 6, 2023

Leading AI research entity, OpenAI, creator of ChatGPT, has unveiled plans for its debut developer conference, OpenAI DevDay, set for November 6, 2023, in San Francisco. This move marks a pivotal moment for the AI sector, presenting a stage for global developers to unite, exchange ideas, and collaborate with OpenAI’s expert team. The essence of … Continue reading OpenAI to Host First Developer Conference, DevDay, on November 6, 2023

Recharge Capital Appoints Former Bridgewater Associates Singapore Executive, Margaret Wang, as Managing Partner

Recharge Capital, a prominent $6B thematic-first private investment firm, has announced the appointment of Margaret Wang, previously the Executive Director and Head of Bridgewater Associates Singapore, as its new Managing Partner. Wang’s primary focus will be on leading the Women’s Health Strategy and overseeing the firm’s operations in the APAC region from its Singapore office. … Continue reading Recharge Capital Appoints Former Bridgewater Associates Singapore Executive, Margaret Wang, as Managing Partner

Arbitrum Foundation and Fracton Ventures Ally to Boost Arbitrum Adoption in Japan

On September 29, 2023, the Arbitrum Foundation unveiled a significant strategic partnership with Fracton Ventures Co., Ltd., to broaden the horizons of Arbitrum scaling solutions in Japan. This joint venture, christened Arbitrum Japan, is geared towards enhancing blockchain technology adoption and spearheading the growth of the Arbitrum ecosystem within the Japanese domain. The primary objective … Continue reading Arbitrum Foundation and Fracton Ventures Ally to Boost Arbitrum Adoption in Japan

NBG Georgia Shortlists Ripple Among Tech Firms for CBDC Pilot

The National Bank of Georgia (NBG) is propelling forward with its Central Bank Digital Currency (CBDC) venture, dubbed the Digital GEL Pilot Project. The bank is now in the phase of scouting for a singular technology ally to facilitate the Limited Access Live Pilot Environment. This environment aims to scrutinize the technological prowess and possible … Continue reading NBG Georgia Shortlists Ripple Among Tech Firms for CBDC Pilot

Kakao Affiliates Face Probe Over Crypto Misappropriation Allegations

The prosecution has initiated a formal investigation into allegations of cryptocurrency embezzlement and breach of trust involving former Kakao chairman Kim Beom-su and executives of Kakao affiliates. The case has been assigned to the Seoul Southern District Prosecutors’ Office Joint Cryptocurrency Crime Investigation Team (led by Lee Jung-real), which conducted its first examination of the … Continue reading Kakao Affiliates Face Probe Over Crypto Misappropriation Allegations

IMF Emphasizes Digitalization in Financial Inclusion Agenda

IMF Managing Director Kristalina Georgieva highlighted the role of digitalization in enhancing financial inclusion during a recent conference held in Marrakesh, Morocco. While advocating for comprehensive national strategies for financial inclusion, Georgieva also warned about the risks associated with digital financial services. This comes at a time when the IMF is actively involved in exploring … Continue reading IMF Emphasizes Digitalization in Financial Inclusion Agenda

Singapore High Court Approves iSanctuary's Use of NFTs for Financial Investigations

The Singapore High Court’s decision to allow iSanctuary to attach NFTs to cold wallets involved in a financial hack marks a significant legal milestone. These NFTs, known as SoulBound tokens, are non-transferrable and will be permanently linked to the wallets in question. This groundbreaking ruling opens the door for the broader application of blockchain technology … Continue reading Singapore High Court Approves iSanctuary's Use of NFTs for Financial Investigations

New Bitcoin Lightning Network Vulnerability Exposed: The Replacement Cycling Attack

A recent revelation on the Lightning Network vulnerability known as a “replacement cycling attack” has prompted notable security researcher and developer, Antoine Riard, to step down from his role on the Lightning Network development team. The disclosure of this attack came to light through a detailed thread shared on Twitter by a developer known as … Continue reading New Bitcoin Lightning Network Vulnerability Exposed: The Replacement Cycling Attack

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