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Key Highlights A group of senators knocked on the door of the DOJ to inquire about whether Binance is following compliance under a 2023 agreement In the settlement, Binance agreed to hire independent monitors to supervise its operations Currently, Binance is negotiating with the Department of Justice to end the external monitoring requirement  A group of U.S. senators has launched an investigation into whether Binance, the world’s leading cryptocurrency exchange, is properly following the terms of a massive legal settlement it reached with the government 2 years ago.  (Source: Bloomberg on X) According to Bloomberg’s official report, the investigation was…

On Wednesday, Kalshi introduces the KalshiEco hub with the support from Solana and Base to bolster prediction market growth. The initiative would bolster selected builders, traders, and creators with hands-on support, including grant funding, engineering assistance, referral programs, etc.  Kalshi faces legal scrutiny in Massachusetts as the firm is accused of running unlicensed sports betting under the guise of a prediction market. Kalshi, the federally regulated prediction market operator, is expanding its operations into the broader trading and builder community by introducing KalshiEco, a program that the operator is experimenting with to serve developers, traders, and creators trying on-chain and…

Key Highlights: Dr. Chengdiao Fan, Co-founder of Pi Network, to speak at the TOKEN2049.  Since Pi Network is one of the gold sponsors for the conference, it will give Pi Network a great visibility.  The Co-founder can give clarity on adoption strategies, technological upgrades and real-world use cases.  Pi Network is set to make an appearance at the TOKEN2049 conference that is going to be held in Singapore on October 1-2. The network’s Co-founder, Dr. Chengdiao Fan, will be speaking on the stage about  blockchain’s real-world uses and the future of Web3 innovation. For Pi Network, this event is an…

Key Highlights:  OpenLedger surged over 200% today, September 8, 2025. The token has a low circulating supply which increases price of the token and since there is a token lockup for the team members and early investors, it limits liquidity.  Tokenomics and strategic integration fuels long-term adoption ideas.  OpenLedger (OPEN) has experienced a 200% jump today September 8, 2025 and it has managed to outpace the broader crypto market’s 1.23% rise. This sharp rally can be attributed to OpenLedger’s much anticipated Binance listing on September 8, 2025 and it is also fuelled by excitement over its AI-driven blockchain platform and…

Key Highlights:  A major supply chain attack compromised npm packages such as “debug” and “chalk” that are widely used by JavaScript and EthereumJS projects.  Attackers injected malicious code that silently swapped cryptocurrency addresses during transactions.  The attack failed due to coding errors.  A huge supply chain attack targeting the widely used JavaScript package “debug” (a tool that developers use to log information and troubleshooting apps), was revealed today, September 9, 2025. In this hack, instead of attacking any of the individual projects, hackers managed to compromise this tool which allows malicious code to spread wherever it was installed. Since Ethereum…

Key Highlights:  Binance CSO Jimmy Su exposes North Korean hackers as the biggest threat in 2025. North Korean hackers poison open-source code. As of now $2.17 B stolen in first half of 2025.  North Korean hackers are the biggest and boldest threat to crypto in 2025, pulling off slick scams to infiltrate companies and snatch billions in digital assets. Binance’s Chief Security Officer, Jimmy Su, revealed that these operatives pose as job seekers, even using voice changers and deepfakes in interviews, raising the security stakes for crypto firms around the globe. North Korean hackers ramp up crypto industry infiltration Fake…

Key Highlights:  Backpack Exchange to publish Proof of Reserve daily. The reserve ratio is 100.42%, this indicates that there are more reserves than customer balances. The assets are diversified across SOL, USD, BTC and ETH, which ensure strong liquidity. Backpack Exchange, a well-known name in the field of cryptocurrency after the collapse of FTX, has announced that it will be publishing its Proof of Reserves every single day, verified and built by the acclaimed blockchain security firm OtterSec. This development will shape the way exchanges develop transparency and trust amongst its users. This move by Backpack Exchange shows that it…

Key Highlights:  Pudgy Penguins dropped 19.6% in the last 7 days. This has caused around 175 underwater loans being liquidated on Blur.  The Canary Capital PENGU ETF to include both Pudgy Penguins and PENGU tokens.  Such crises raise concerns about NFT volatility and valuation, which could complicate the ETF’s approval.  Pudgy Penguin, a well-known NFT collection, is facing a dramatic downturn as the floor price of the NFT fell by 19.6% over the last seven days as per CoinGecko. This movement has sparked intense volatility and forced liquidations on the Blur NFT lending marketplace. It has been observed that influencers…

Key Highlights:  OKX has burned 65 million OKB tokens which has affected the price of the token.  OKX has launched a layer update.  Analysts predict that this mix of change in tokenomics and technological advancement has led to this surge.  OKB, the native token of OKX cryptocurrency exchange has made it to the headlines as the token managed to surge more than 40% in the last 24 hours and has crossed the $200 mark. This amazing price jump has been primarily because of the massive token burn that has been executed recently, sweeping technological enhancements, and consolidation moves aimed at…

Key Highlights:  TRM Labs has announced launching of Beacon Network and it will be responsible for fighting crypto crimes.  Binance has joined in as the founding member of the network. The main aim of this collaboration is increase security and trust in the digital space.  TRM Labs, a well-known blockchain intelligence firm, announced that it has launched the Beacon Network. This platform is said to help detect and prevent crypto crimes in real time. Moreover, Binance, a well-known global cryptocurrency exchange, has also joined this network as a founding member. This indicate that there is a strong industry support for…