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Regulations
WazirX Files Police Complaint After $230M Hack, Engages With India's Cyber Crimes Unit
WazirX said "many exchanges" were "cooperating" with them and that their immediate plans included "tracing the stolen funds, recovering customer assets, and conducting a deeper analysis of the cyber attack."

Standard Chartered, Animoca, and Three Others Join HKMA's Stablecoin Sandbox as Participants
On Wednesday, Hong Kong's central bank also said that it planned to present a bill on fiat-referenced stablecoins to the Legislative Council later this year.

Visa's Data Partner Allium Labs Raises $16.5M as Their New Findings Show Stablecoin Activity Is Back Up
Visa and Allium Labs released their latest findings on stablecoin activity which showed demand for stablecoins has picked back up in 2024 and there's a steady growth of monthly active stablecoin users.

Blockchain Friendly Roberta Metsola Reelected as EU Parliament President
In 2018, as a member of the European Parliament for Malta, she called for regulation on crypto and blockchain when needed, without stifling innovation.

Hong Kong to Prepare Stablecoin Legislation as Public Consultation Ends
Hong Kong authorities plan to introduce a bill into the Legislative Council before year-end.

U.S. Senator Who Called Bitcoin 'Ideal Choice for Criminals' Is Convicted of Bribery
Menendez's sentencing has been scheduled for October 29 and he could face decades in prison.

Bitcoin Miner Northern Data Moves to Dismiss Ex-Employees’ Whistleblower Suit
In a new court filing, lawyers for Northern Data called the suit a “textbook example of bad faith litigation.”

Detained Binance Exec Tigran Gambaryan Wheeled into Nigerian Court as Health Deteriorates
Gambaryan reportedly has a herniated disc in his back, leaving him in severe pain and “hardly able to walk.”

Cameron and Tyler Winklevoss Each Contributed $250,000 to New Trump-Aligned Super PAC
America PAC has raised $8.75 million this quarter from a handful of tech and venture capital executives.

Craig Wright Referred to UK Prosecutors for Consideration of Perjury Charges
Judge James Mellor also approved injunctions that prevent Wright from taking others to court again under the guise he is Satoshi Nakamoto.
