Ethereum's Pectra upgrade, set for March 2025, will improve scalability, reduce gas fees, and enhance user experience with features like Account Abstraction and Layer 2 storage improvements. Key changes also include larger validator staking and security upgrades, positioning Ethereum for better performance in the blockchain space.
WeatherlyThe US released Russian national Alexander Vinnik in a prisoner swap for American teacher Marc Fogel, who was detained in Russia on drug charges. Vinnik was convicted of laundering billions through his cryptocurrency exchange BTC-e.
AnaisWorld Liberty Financial, backed by the Trump family, launched a strategic token reserve to support cryptocurrencies like Bitcoin and Ethereum, aiming to stabilize the market and strengthen DeFi. This initiative is part of the family's growing influence in the crypto industry, with WLF already accumulating significant assets and making moves to connect crypto with mainstream investors.
WeatherlyHong Kong now allows cryptocurrencies like Bitcoin and Ethereum as proof of net worth for its investment visa. However, crypto cannot be used for the required investment after visa approval.
AnaisChannel 4 is releasing a new documentary series that investigates the identity of Bitcoin's creator, Satoshi Nakamoto. Hosted by Gabriel Gatehouse, the series aims to provide a deeper look into Bitcoin's impact on global politics and the mystery surrounding its creator.
WeatherlyFour.Meme, a new meme coin platform, was hit by a security breach, resulting in a loss of $183,000 and a temporary halt in token trading. Despite the attack, the platform's user base grew rapidly, but the breach raised concerns about the security of meme coin launchpads.
AnaisA solo Bitcoin miner successfully mined block 883,181 and earned 3.158 BTC, worth about $310,000, despite the tough competition from large mining operations. Experts believe the miner used CKPOOL or a Bitaxe device, highlighting the rare but possible success of solo mining.
JoyA joint operation between Thai and Chinese police uncovered a $2.5 million crypto scam, leading to the arrest of two Chinese nationals involved in illegal digital currency transactions and human trafficking. The authorities seized luxury items and cryptocurrency wallets, freezing the stolen funds as part of the ongoing investigation.
AnaisA landfill in Wales, believed to contain a hard drive with 8,000 Bitcoin, is slated for closure.
KikyoMichael Saylor's company, Strategy, is preparing for another major Bitcoin purchase, continuing its aggressive accumulation strategy. The firm holds over 471,000 Bitcoin, worth $45 billion, and has raised billions through stock offerings to finance its acquisitions.
WeatherlyThe IRS has revised its crypto tax form to improve clarity and privacy, but experts warn that compliance challenges and risks remain.
DanteThe removal of its iOS and Chrome Extension wallets from the market is scheduled for November 1, 2023, although customers will still be able to access their wallets until October 1.
Coinlive New York Attorney General Letitia James announced a settlement with CoinEx. The Hong Kong-based virtual currency trading platform must refund investors in the state.
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