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Bitget ‘gradually back to usual’ as protection fund reaches $309M

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Bitget CEO Gracy Chen said that a protection fund created by the company in 2022 “absorbed the financial impact of the incident“ that resulted in $388 million in user losses.

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Brazil’s Petrobras uses Cardano to track sustainable aviation fuel, renewable diesel

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Petrobras developed two Cardano-based applications to track sustainability claims tied to aviation fuel and renewable diesel as part of an ongoing research collaboration.

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Could THORChain face prosecution over stolen Bitget funds?

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THORChain will not — or can not — block addresses linked to the $387.5 million Bitget hack. Can the devs be prosecuted for money laundering? It’s complicated, says crypto lawyer Yuriy Brisov.

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Singapore crypto activity grows 55% as broader region contracts

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Singapore’s crypto economy grew 55.4% to $284 billion as institutional-platform activity surged 94%, while the Philippines, Thailand and Vietnam stood out for small-value P2P transfers.

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