‍LBank's $100M Bonus Pro Campaign Sees Over $50M Claimed LBank's "$100M Bonus Pro" initiative has achieved remarkable success, with over $50 million claimed within five days of its launch. The campaign offers users a $100 Bonus Pro or a 100% matched Bonus Pro for futures trading, with no personal limit on the matched bonus. This promotion, amplified by LBank's regional sponsorship of the Argentine National Team, highlights the exchange's innovative approach to community engagement. The campaign's success mirrors LBank's broader growth, with over 20 million global registered users and a daily trading volume exceeding $8.5 billion. LBank aims to build a borderless Web3 ecosystem by integrating technology, culture, and community. Since its establishment in 2015, LBank has maintained a strong security record and offers a wide array of digital assets, positioning itself as a premier "100x Gems Hub."
‍Temple Capital Strengthens Leadership for Digital Asset Expansion Temple Capital, a digital asset hedge fund with $125 million AUM, has appointed Valerie Schaber as Director and Martin Boczek as Head of Capital Formation. Schaber joins from Spool.fi, where she was CEO. Boczek previously headed Investor Relations at Wincent Capital. These hires bolster the firm's expertise in algorithmic trading and investor engagement within the evolving digital asset landscape. Temple Capital, established in 2018, is known for its distinctive trading strategy and strong track record of absolute returns with low correlation to traditional markets.
‍AI Revolutionizes Crypto Attacks, Pushing Security to its Limits Artificial Intelligence is transforming crypto security, empowering malicious actors with sophisticated, low-cost attack capabilities. Experts warn this shift is costing billions, enabling mass breaches through AI-generated phishing and social engineering. Traditional bug bounty platforms face challenges as AI tools become accessible to well-funded hacking groups. While manual audits will remain crucial for subtle vulnerabilities, the focus is shifting towards proactive AI integration into development pipelines. The expanding attack surface now includes multi-sig configurations, spear phishing, and governance exploits, necessitating a unified security approach to protect trillions in assets.
‍Gate Group Secures MiCA License in Malta, Eyes EU Expansion Gate Group has obtained a MiCA License from the Malta Financial Services Authority for Gate Europe, enabling exchange and custody services across the continent. This significant step aligns with Gate Group's "compliance-first" strategy and Malta's status as a forward-looking crypto jurisdiction. With this license, Gate Europe will seek to passport its services across the EU, aiming for a leading position among crypto providers. Gate Group's global regulatory presence includes licenses or registrations in Italy, Japan, Australia, and Dubai, among others. The platform, Gate.com, serves over 39 million users worldwide.
‍Sei Pursues Strategic Asian Expansion Driven by Compliance and High Throughput Sei, a Layer-1 blockchain, is advancing its expansion across Asia with a strong emphasis on regulatory compliance to facilitate institutional adoption. The network is focusing on markets like Japan and Korea, aiming to capitalize on institutional tokenization and trading activity. Sei has secured necessary approvals in Japan, enabling listings on major exchanges and strategic integrations with entities like Circle. The blockchain combines high throughput with EVM compatibility, offering a cost-effective solution for developers. In Korea, Sei shows significant trading volume and growth in GameFi and SocialFi sectors. Future plans include onboarding institutions via RWA tokenization and expanding the developer base in Southeast Asia. Sei's strategy is guided by a prudent mindset, cultivated during its development in a bear market, prioritizing sustainable growth and long-term success.
‍Aptos Partners with WLFI to Launch USD1 Stablecoin Layer-1 blockchain Aptos has announced a strategic partnership with World Liberty Financial (WLFI) to deploy the USD1 stablecoin on its network. The stablecoin is scheduled to launch on October 6, with robust support expected from leading Aptos DeFi protocols, wallets, and exchanges. Aptos CEO Avery Ching cited the network's exceptionally low transaction costs and high transaction speeds as key factors in WLFI's decision. This collaboration signifies Aptos's intent to expand its presence in the stablecoin market, competing with established networks. Aptos is also developing new products like the Decibel DEX and Shelby decentralized storage system.
‍Foresight Ventures Launches $50M Fund for Stablecoin Infrastructure Foresight Ventures has introduced a dedicated $50 million fund focused on the stablecoin ecosystem. The initiative aims to support the development of payment infrastructure, recognizing stablecoins as a key settlement layer for global finance. The fund will invest in areas such as stablecoin issuance platforms, compliant on/off-ramps, payment-focused blockchains, and applications integrating stablecoins with RWAs, AI, and FX. This follows Foresight Ventures' research-driven approach and extensive investment history in critical infrastructure projects.
‍BNB Chain X Account Compromised; Binance Founder Warns Users Binance co-founder Changpeng "CZ" Zhao has issued an urgent warning regarding the official X account for BNB Chain, which appears to have been compromised. Users are strongly advised to avoid interacting with recent posts from the account. The compromised account shared a deceptive link promoting a fraudulent rewards program, a classic phishing attempt. CZ emphasized, "Please do not click on any links recently posted from this account. The teams are investigating..." Users should always verify sources, enable 2FA, be skeptical of unrealistic offers, and never share private keys to protect their digital assets.
‍House Republicans Investigate SEC Chair Gensler's Deleted Texts Amid Crypto Backlash US House Republicans are investigating the loss of former SEC Chair Gary Gensler's text messages from his government-issued phone. The probe follows findings by the SEC’s Inspector General, casting doubt on transparency during Gensler's tenure. This is particularly relevant to the crypto industry, which accuses Gensler of spearheading efforts to limit services to crypto businesses and initiating numerous lawsuits. Critics highlight a perceived double standard, as the SEC fined firms for record-keeping failures while Gensler's own messages were deleted due to an automated policy and systemic failures within the SEC's IT department. Some deleted texts reportedly concerned SEC enforcement actions against crypto companies, raising serious questions about accountability and transparency in regulatory processes impacting the digital asset space. This follows a previous security breach on the SEC's X account, further eroding trust.