Europe 59 | MachinaTrader.com

Bank for International Settlement Launches Project Atlas for Enhanced Crypto Surveillance, Potentially Boosting Privacy Coin Adoption

The Bank for International Settlement (BIS) has launched a new crypto surveillance program called “Project Atlas” in collaboration with several European banks. The project aims to gather data for comprehensive transaction surveillance of international crypto asset flows. Project Atlas is currently in the pilot phase and involves the BIS, Eurosystem, De Nederlandsche Bank, and the […]

House Oversight Committee Threatens SEC Chair with Subpoena Over Lack of Cooperation

James Comer, chair of the United States House of Representatives Oversight and Accountability Committee, has threatened Securities and Exchange Commission (SEC) chair Gary Gensler with a subpoena. Comer expressed concern about SEC’s actions to circumvent Congress and harm American taxpayers. The issue at hand is the SEC’s coordination with the European Union (EU) on environmental, […]

Russian Hackers Linked to Multimillion FTX Hack, Elliptic Report Reveals

Blockchain intelligence company Elliptic has linked the $400 million hack of cryptocurrency exchange FTX to Russian hackers. According to Elliptic’s report, the attacker used an unsophisticated method of laundering the stolen funds by converting them to Bitcoin using a service owned by the bankrupt exchange’s sister company. The attacker then used crypto-mixing services to cover […]

Russian Energy Giant Gazprom Faces Declining Market Share and Reliance on China

Russian President Vladimir Putin’s attempt to use Gazprom as a geopolitical tool against the European Union (EU) has backfired. After threatening to cut off gas supply to Europe, Putin is now scrambling to find new markets for Gazprom, with China being his main focus. However, finding new markets is proving to be a challenge for […]

Binance Delists Multiple Trading Pairs, Including Polkadot (DOT), Cardano (ADA), and Solana (SOL)

Binance, the world’s leading cryptocurrency exchange, has announced that it will delist several spot trading pairs on October 13, 2023. The decision to remove these pairs, including BEL/BUSD and DOT/GBP, is based on factors such as low liquidity and trading volume. Binance will also terminate its Spot Trading Bots services for these pairs. Users are […]

Russian Hackers Suspected in FTX Breach, Elliptic Analysis Reveals

Research firm Elliptic has suggested that Russian cybercriminal groups may have been responsible for the recent hack of FTX, the cryptocurrency exchange founded by Sam Bankman-Fried. Elliptic reached this conclusion through on-chain analysis, noting that some of the stolen funds appear to be linked to Russian attackers. The hack has raised concerns about the security […]

The Rocky Horror Show NFTs IRL Art Exhibition Comes to Monaco

La Vitrine Contemporain de Monaco will host an art exhibition featuring physical representations of nine non-fungible tokens (NFTs) from The Rocky Horror Show. The exhibition, taking place in Monaco, will showcase unique artworks depicting iconic characters from the cult show. These artworks have been designed exclusively for the exhibition as part of the musical’s 50th […]

Polygon 2.0: Revolutionizing Tokenization and Unlocking Trillions in Value

Polygon, a blockchain platform, is revolutionizing the tokenization of assets by introducing its Polygon 2.0 protocol. This protocol consists of interconnected Layer 2 chains and a shared zero-knowledge bridge, enabling the seamless tokenization of various assets, including collectibles like Pokémon cards. Polygon’s goal is to cater to the needs of traditional finance and facilitate institutional […]

Trezor Celebrates 10th Anniversary with Release of New Hardware Wallets and Private Key Backup Solution

Trezor, a leading provider of hardware cryptocurrency wallets, is celebrating its 10th anniversary by launching three new products. The first is the Trezor Safe 3, a hardware wallet that supports over 7,000 cryptocurrencies. This wallet is a significant milestone for Trezor in its commitment to providing entry-level hardware wallets. It comes in four different colors […]

European Regulator: DeFi Poses Limited Risk to Financial Stability, Requires Monitoring

Decentralized finance (DeFi) is currently not a significant threat to overall financial stability, but it does require monitoring, according to the European Union’s financial markets and securities regulator, the European Securities and Markets Authority (ESMA). In a recent report titled “Decentralized Finance in the EU: Developments and Risks,” the ESMA discussed the benefits and risks […]