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Latest from Sheldon Reback
Banks Using Permissionless Blockchains for Transactions Face Multiple Risks: BIS
Risks include operations and security, governance, legal, settlement finality and compliance, the report said.

Cash-to-Crypto Industry Dominated by ATMs Is a Law-Enforcement Concern: TRM Labs
Since 2019, the cash-to-crypto industry– which is dominated by crypto ATMs – has processed at least $160 million in illicit trades, TRM Labs said.

CEO of South Korean Crypto Firm Haru Invest Stabbed During Trial: Reuters
The executive was taken to hospital; his injuries are not life threatening.

Crypto Market Has Evolved in the Past Year, Canaccord Says
The digital assets industry has bounced back from the collapse of crypto exchange FTX and returned to growth in the past 12 months, the report said.

Indian Court Orders Scam Websites Using Crypto Exchange Mudrex's Name to Be Taken Down
The court ordered India's Ministry of Communication to move against as many as 38 websites.

Polymarket Bettors Miss Out on $270K Due to Pavel Durov's Early Release
Bettors were fairly sure the Telegram CEO would be released in September. His release on Wednesday tossed the market on its head.

Binance CEO Teng Rejects Allegations the Exchange Froze All Palestinians' Funds
The crypto exchange complies with anti-money laundering legislation, he said.

Investment Firm Lemniscap Raises $70M Fund Targeting Early Stage Web3 Projects
Lemniscap is targeting zero-knowledge infrastructure, consumer applications and decentralized physical infrastructure (DePIN).

WazirX Asks Singapore Court for 6 Months to Restructure Liabilities as CoinSwitch Weighs Legal Action
Indian rival CoinSwitch said it is likely to sue the hacked crypto exchange, where $9.6 million worth of deposits were held.

First Mover Americas: TON Blockchain Resumes After 6-Hour Outage
The latest price moves in crypto markets in context for Aug. 28, 2024.
