News

Token2049 Singapore will play host to a “world’s first” immersive theater experience from HashKey Capital, Aethir and CARV. Mystery thriller “Decode: Legacy” promises to explore the past decade and a half of crypto history through “iconic Web3 characters, solving puzzles and uncovering secrets,” in the setting of Singapore’s iconic Raffles Hotel. Crypto. Reimagined. ⏳Step into a world where the past, present, and future of crypto converge in one place and time. Decode: Legacy is coming to @toke...

Galois Capital, the crypto hedge fund that famously warned of the dangers around Terra's LUNA and UST ahead of their 2022 collapse, has been charged by the U.S. Securities and Exchange Commission for misleading investors and for not properly safeguarding customer funds. The firm, which shut down in early 2023 after being impacted by the downfall of crypto exchange FTX, has settled the charges and will pay the regulator a civil penalty of $225,000, which will be distributed to users. Galois lost...

New crypto conference Epoch Summit is set to showcase blockchain infrastructure in the Asia-Pacific (APAC) region—and “change the paradigm” of crypto events, said founder John Park. The conference launches with an Official Infra Day at Korea Blockchain Week in Seoul on September 5, with the full event spanning two days at Andaz Singapore, from September 16-17. Park, the CEO of blockchain infrastructure provider A41, told Decrypt that crypto conferences, “should be always about being forward-look...

North Korean cybercriminals are stepping up their game and becoming more sophisticated in a bid to steal cryptocurrency—including conducting research on those connected to digital asset exchange-traded funds (ETFs), the FBI has warned. In a Tuesday announcement, the agency said that criminal actors from the closed-off state were now conducting "difficult-to-detect social engineering campaigns" against those working in the crypto sector, including those in the decentralized finance (DeFi) and ETF...

Bitcoin mining giant Riot Platforms provided an investor update on Tuesday concerning its effort to take over Bitfarms, a smaller Canadian rival that’s been resisting the former’s attempted hostile takeover. Riot offered its views on recent shakeups with Bitfarms’ board of directors, including the resignations of co-founders Emiliano Grodzki and Nicolas Bonta in recent months, whom Riot had previously targeted for replacement. “While these changes represent a step in the right direction, they ha...

Matter Labs, the company behind Ethereum scaling network ZKsync, announced on Tuesday that it laid off over 16% of its staff, in the latest contraction to shake up the crypto industry.  Alex Gluchowski, the company’s co-founder and CEO, announced the move publicly, calling it “the hardest change” he’s had to implement in Matter's six-year history. “Our market environment and business needs have changed significantly over the course of this year,” Gluchowski tweeted, explaining the decision. “We...

Polygon Labs is making major strides toward the future of its network on Wednesday. On September 4‌‌, the Ethereum scaling network will complete a migration from its longstanding MATIC token to POL, which will then become the native token of its network. The migration forms an integral part of the Polygon 2.0 roadmap. Ahead of the shift, here’s a look at what to expect from the migration—and what you need to do if you’re a MATIC holder. What is the “MATIC” to “POL” migration?  The POL migration...