Episode 481
📍 Blockchain security firm Blockaid raises $50M to tackle on-chain threats, expanding its research and engineering teams to meet growing demand from financial institutions and Web3 companies.
📍 Norway charges four individuals with involvement in a large-scale crypto investment fraud, which collected over $86 million from investors between 2015 and 2018, highlighting the growing problem of investment fraud in Norway and internationally.
📍 Mastercard announces it has moved beyond experimentation in crypto, focusing on real-world solutions, including the integration of its Crypto Credential system with Notabene to make digital asset transactions more secure and user-friendly.
📍 FTX begins its initial $1.2B payout process to creditors, distributing funds in US dollars through BitGo and Kraken, with creditors receiving roughly 119% of their adjudicated claim value, including 9% annual interest accrued since November 2022.
📍 Australia's financial watchdog takes regulatory action against 13 crypto firms, canceling, suspending, or refusing to renew registrations due to non-compliance with Anti-Money Laundering and Counter-Terrorism Financing Act obligations.
