#blockchain

Defunct crypto exchange Mt. Gox transferred over 32,000 Bitcoins valued at around $2.2 billion to unknown wallets, data from blockchain analysis platform Arkham Intelligence shows.

Blockchain gaming company Immutable received a Wells Notice from the US SEC (Securities and Exchange Commission). This means the agency is considering filing a lawsuit against Immutable for violating securities law.

At Binance Blockchain Week Dubai 2024, Changpeng Zhao (CZ), the former CEO of Binance, joined Altcoin Daily’s Austin Arnold for an introspective “fireside chat.” Reflecting on recent struggles, including his imprisonment, CZ revisited his past missteps, shared key takeaways, and spoke about his new forward-focused vision.

Digital assets played a large part in the US Treasury's 2024 Q4 report. In the 132-page presentation to the Treasury Borrowing Advisory Committee (TBAC), ​​ the agency introduced different financial aspects, including the rapid growth of stablecoins, tokenization, and their use in the Treasury Market.

The Blockchain Association and the Crypto Council, two organizations dedicated to crypto advocacy, stepped up to support Beba and the DeFi Education Fund in a lawsuit against the US SEC (Securities and Exchange Commission).

On October 25, a statue honoring Bitcoin's founder, Satoshi Nakamoto, was inaugurated in Lugano, Switzerland. The statue, crafted by Valentina Picozzi, was commissioned as part of Plan ₿—an initiative founded in partnership between Tether and the Lugano city government to foster BTC and blockchain adoption.

On October 24, Ankr, a decentralized Web3 infrastructure provider, announced its support for the TON blockchain, aimed at facilitating the development of Telegram-focused dApps. This move seeks to make the process of building applications in the TON blockchain ecosystem, which is tightly connected to Telegram, more efficient.

On October 31, Paxos, a prominent blockchain and tokenization infrastructure provider, launched its new stablecoin, the Global Dollar (USDG), pegged to the U.S. dollar. USDG has been developed under the strict guidelines of the Monetary Authority of Singapore (MAS).

Chainalysis, a blockchain analytics company, has announced a strategic partnership with the global consulting firm AlixPartners. The alliance is focused on enhancing AlixPartners’ capabilities in cryptocurrency monitoring, fraud detection, and digital asset analysis.

Circle, the issuer behind the USDC stablecoin, has entered into a memorandum of understanding with Hong Kong’s largest telecommunications provider, HKT, to jointly create a blockchain-based solution for loyalty program management.

Kraken prepares to roll out its own Layer 2 blockchain, Ink, at the beginning of next year.

Ethereum founder Vitalik Buterin published the 4th part of his vision for the possible futures of the blockchain. Recently, he outlined an ambitious goal of achieving 100,000 transactions per second for Ethereum, alongside L2 networks.

Buenos Aires, the capital of Argentina, became the first city in the world to issue decentralized IDs to all of its 3.6 million citizens.

On October 22, 2024, Chainlink, the decentralized oracle platform, introduced CCIP Private Transactions—a solution designed to help corporations integrate their private blockchain networks with existing systems, such as corporate backends.