FTX creditor repayments being facilitated a little over 2 years after FTX’s shock collapse is a “win” given all the jurisdictional issues that were involved, an industry pundit said. …

Master Ventures founder Kyle Chasse says Bitcoin needs to find genuine buyers, not hedge funds, who “don’t care about Bitcoin” and are just chasing “low-risk yield.” Source: https://cointelegraph.com/news/bitcoin-organic-buyers-hedge-fund-cash-carry-trade-venture-capitalist?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Huangzhou-based crypto mining chip maker Nano Labs saw its share price rise slightly after announcing it will start accepting Bitcoin as payment. Source: https://cointelegraph.com/news/chinese-microchip-company-ccepting-bitcoin-as-payment?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

The Tron network has posted record quarterly revenue largely driven by increasing stablecoin activity and an effort to capture a slice of the growing memecoin market. Source: https://cointelegraph.com/news/tron-clocks-record-quarter-577-million-in-revenue-in-q3?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

The ex-Swan employees at Proton Management said Swan Bitcoin’s mining lawsuit is baseless because 2040 Energy operated as a “separate entity.” Source: https://cointelegraph.com/news/proton-says-didnt-steal-swan-bitcoins-mining-firm-motion-to-dismiss?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Gemini has told its Canadian users they have 90 days to withdraw their funds before it closes all accounts by the end of this year.  Source: https://cointelegraph.com/news/crypto-exchange-gemini-close-all-customer-accounts-canada?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

The malicious wallet-draining app marked “the first time drainers exclusively targeted mobile users,” says Check Point Research. Source: https://cointelegraph.com/news/crypto-wallet-drainer-google-play-stole-70k-check-point?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

According to crypto security firm Scam Sniffer, 9,145 users were victims of phishing attacks during August 2024, losing funds as a result. Source: https://cointelegraph.com/news/user-loses-32-million-sp-weth-sophisticated-phishing-attack?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

According to a previous Forbes report, Zhao and Binance collectively hold 71% of the roughly 146 million BNB tokens in circulation.  Source: https://cointelegraph.com/news/bitcoin-binance-see-downward-shift-cz-released?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Worldcoin fined over privacy rules in South Korea, Hong Kong crypto trading store clerk scarpers with customer’s $500K in cash: Asia Express. Source: https://cointelegraph.com/magazine/worldcoin-fined-dmm-bitcoin-system-face-ban-asia-express/?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound