Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Exchange news
- Nasdaq Inc., the second-largest stock exchange, is hiring a new group in charge of digital assets, Bloomberg reported. This new group will initially offer custody services for bitcoin and ether to institutional investors, they cited Tal Cohen, the company’s executive vice president and head of North American markets, as saying. Nasdaq hired Ira Auerbach, who ran prime broker services at crypto exchange Gemini, to head up the new Nasdaq Digital Assets unit.
- Trading firm Alameda Research will repay some $200 million in loans to the bankrupt crypto lender Voyager Digital. Per a court filing, Alameda will repay 6,553 in bitcoin (BTC) and 51,204 in ether (ETH) in principal and loan fees, as well as smaller amounts in seven other tokens. The loans are due to be repaid by September 30.
- Indian crypto exchange WazirX has announced the delisting of major stablecoins tether (USDT), Pax Dollar (USDP), and True USD (TUSD). Instead, the company will convert the users’ existing balances of these stablecoins to Binance USD (BUSD) at a 1:1 ratio.
- Binance Canada has selected Solidus Labs as a transaction monitoring and marketplace surveillance partner in Canada. The exchange will utilize HALO, Solidus’ crypto-native market integrity hub, to optimize multiple key risk monitoring and compliance services, said the announcement.
Security news
- UK crypto market maker Wintermute suffered a hack worth approximately $160 million, according to Evgeny Gaevoy, the company’s founder and CEO. Per Etherscan, over 70 different tokens have been transferred to “Wintermute exploiter,” including stablecoins tether (USDT) and USDC. “Cefi and OTC operations are not affected. We are solvent with twice over that amount in equity left,” Gaevoy claimed, adding: “Out of 90 assets that has been hacked only two have been for notional over $1 million (and none more than $2.5M), so there shouldn’t be a major selloff of any sort.”
- The official Twitter account of India-based crypto exchange CoinDCX has been hacked and used to post fake XRP promos along with phishing links. The official customer support handle of CoinDCX warned its users not to click any links or messages coming from the compromised account, saying that they are working to recover it and are investigating the incident.
CBDC news
- Hong Kong will start testing out a digital coin called the e-HKD from the fourth quarter, paving the way for a virtual currency implementation and eventual rollout to be used by the public in the future to shop, dine out, and make money transfers, the South China Morning Post reported. The pilot scheme will be accompanied by law changes and digital infrastructure to support the e-HKD.
- The People’s Bank of China (PBOC)…
Read More: cryptonews.com