Ripple has acquired in-principle financial services license approval from Dubai’s DFSA, moving closer to offering cross-border crypto payment services in the UAE. Source link
DeFi resurgence driven by Fed cuts, China, key protocols
An Apollo Crypto report links DeFi resurgence to US Federal Reserve rate cuts, China’s credit expansion and improved DeFi infrastructure. Source link
September 2024 crypto hacks surpass $120M, centralized exchanges hit
Cryptocurrency hacks in September totaled over $120 million, with centralized exchanges BingX and Indodax accounting for more than half. Source link
Synthetix activist investor ‘overhaul’ gathers 99% approval from SNX holders
A new proposal looking to completely reboot DeFi protocol Synthetix has garnered 99.4% approval from community members. Source link
Tons of options: 5 crypto wallets that support TON blockchain
As the TON network continues to develop, holders are demanding wallets with complex functionalities that support the chain’s assets. Source link
Coinbase to add proof of reserves to Bitcoin wrapper cbBTC
Adding proof of reserves will head off concerns about Coinbase’s perceived lack of transparency. Source link
FTX creditors to receive only ‘10–25% of their crypto back,’ CZ walks free: Law Decoded
Taiwan’s FSC opens investment channels for professional investors, allowing access to high-risk foreign digital asset ETFs while maintaining a cautious stance on market risks. Source link
EigenLayer’s EIGEN token unlock looms, futures tip a $6.8B FDV
EigenLayer’s EIGEN token is scheduled to unlock at 5:00 a.m. UTC on Oct. 1 and will start trading on exchanges such as Binance soon after. Source link
Onyx to shutdown Ethereum-based lending market, relaunch Onyx Core
After a $3.8 million hack on a long-known security vulnerability, Onyx plans to relaunch its governance-focused financial network with full community support. Source link
Scammers use memecoin ‘trending’ list to lure victims — Researcher
Roffet.eth found that some coins contained obscure, difficult-to-read code that allowed the developer to transfer user’s tokens to themselves. Source link