Thursday, August 22, 2024

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Thursday, August 22, 2024

Abu Dhabi Introduces Regulations for Fiat-Referenced Tokens
Key takeaways: The financial authority of Abu Dhabi intends to oversee stablecoins, known as fiat-referenced tokens (FRTs), in response to requests from interested parties for their issuance. T...

Whale Loses $55M in Crypto Phishing Attack
Key takeaways: Malicious actors used a phishing assault to steal $55 million worth of crypto from a crypto holder who signed an unconfirmed transaction. After attempting to withdraw the money t...

Elon Musk brings the real Grok 2 to the stage
You’ve been using Mini for a while, but now it’s time to meet the real Grok. X has just unleashed Grok 2, the latest version of Elon Musk’s AI chatbot. X isn’t just hoping Grok 2 will attract ...

Compliance experts should help regulate crypto — Silk Road 2.0 founder
Compliance experts explain the importance of working with regulators to ensure that effective crypto laws are passed. ...

Ocean Nodes Incentive Program delayed for back-end improvements
Ocean Protocol has rescheduled the launch of its Nodes Incentive Program to Aug. 29, complete backend updates and enhancements....

Franklin Templeton expands blockchain fund to Avalanche network
Franklin Templeton has expanded its pioneering blockchain-integrated money market fund to Avalanche, broadening institutional investor access to digital finance....

Nearly 80% of hacked cryptocurrencies never recover in price — Immunefi
Crypto protocols usually sustain real damage after the exploit occurs, but some tokens are more resilient....

India’s crypto future hinges on gov’t consultation paper
India’s Department of Economic Affairs’ consultation paper is expected to be a watershed moment for crypto regulation in the country, potentially setting the stage for future legislation....

Hong Kong targets noncompliant crypto exchanges in licensing push
Hong Kong’s SFC finds deficiencies in some “deemed-to-be-licensed” crypto exchanges, risking their licensing status amid tightened regulations....

FTX says creditors supported reorganization plan with 95% vote
FTX chief restructuring officer and CEO John Ray III said the plan promises 100% return plus interest for non-governmental creditors....

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